OFFER IN COMPROMISE An OIC enables a taxpayer to pay a minimal total up to please the entire tax obligation debt. During the authorization procedure, the IRS examines a taxpayer’& rsquo; s financial situation and contrasts the taxpayer’& rsquo; s entire tax obligation debt to their existing economic standing. If approved right into the OIC program, the taxpayer will certainly undergo continual review of their financial condition to guarantee that they can not pay for to make bigger tax obligation repayments.