07/23/2026
IRS Debt Options - Offer in Compromise
“Settle your IRS debt for pennies on the dollar.” You’ve probably heard that phrase before, but the reality is that not everyone qualifies for an Offer in Compromise.
The IRS looks at your income, assets, equity, and your ability to pay before deciding whether to accept an offer. Even if you qualify, you’ll usually need to come up with money upfront depending on the payment option you choose.
Every tax situation is different, and an Offer in Compromise is just one of several IRS resolution options.