OFFER IN COMPROMISE

Settle Your IRS Debt with an Offer in Compromise
for Pennies on the Dollar

An Offer in Compromise lets you negotiate with the IRS and potentially pay a fraction of what you owe. Our former IRS agents know exactly what the IRS looks for. Get approved where most people get rejected.

DON’T RISK REJECTION

Why OIC Approval Requires
a Professional

  • The national IRS approval rate is only 40%. Without professional representation, rejections are far more common.
  • One rejected OIC can damage your entire case and limit your options going forward.
  • The IRS scrutinizes every submission. Our former agents know exactly what triggers approval.

IRS Evaluation Criteria

What the IRS Examines in Every OIC Application

These are the factors that determine approval.

Income and Employment

Monthly gross income, job stability, and earning potential over the next five years.

Reasonable Living Expenses

Housing, utilities, food, transportation, childcare, medical, insurance, and other essentials.

Assets

Real estate equity, retirement accounts, vehicles, investments, and bank balances.

Liabilities

Mortgages, car loans, child support, secured claims, and other outstanding debts.

Every Day Adds Up. Call Falcon.

Start Your Case Review

Takes less than 2 minutes. A Former IRS Agent reviews every submission personally. No call centers, no runaround.

    Resolve Your Debt Before Options Run Out.

    An Offer in Compromise can stop collections, but timing matters.
    See if you qualify before the IRS takes action.

    Free Confidential Review
    Call (855) 4-IRS-PRO

    CLIENT RESULTS

    What OUR clients say

    • I owed over $42,000

      I owed over $42,000 and had no idea where to start. Falcon got me into a plan I could actually afford in less than two weeks. The IRS stopped contacting my employer the same month.
      Isaiah N.
      San Antonio, TX

    • Should Have Called them first

      I tried to set up a plan online myself and the payment was almost $800 a month. Falcon restructured it to $310. Should have called them first.
      Maria L.
      San Antonio, TX

    Common Questions
    About Offer in Compromise, Answered

    We’ve helped hundreds of clients through the OIC process. Here are the answers you need.

    What is an Offer in Compromise?

    An Offer in Compromise (OIC) is a settlement agreement with the IRS that allows you to pay less than the full amount you owe. If the IRS accepts your offer, your tax debt is resolved for the negotiated amount. It is one of the most powerful debt relief tools available, but it is also heavily scrutinized and frequently rejected when submitted incorrectly.

    Who is eligible for an OIC?

    To qualify, you must meet one of three criteria: Doubt as to Collectibility (you cannot pay the full amount based on your income, expenses, and assets), Doubt as to Liability (you dispute the accuracy or validity of the tax assessment itself), or Effective Tax Administration (paying in full would cause economic hardship or would be fundamentally unfair). You must also have filed all required tax returns and be current on any estimated tax payments for the current year.

    How long does an OIC take from start to approval?

    The IRS has up to two years to review your application, though many cases resolve in six to twelve months. During this time, you are protected from most collection activity: the IRS will not issue wage levies or bank levies while your offer is under review. Our team handles all correspondence with the IRS, so you do not have to worry about missing deadlines or submitting incomplete documentation.

    What happens if my OIC is rejected?

    If rejected, you have appeal rights, but a poorly submitted OIC can actually harm your case and limit your options going forward. The IRS sees a record of your financial information, and a rejected offer can make it harder to negotiate other solutions. This is why professional representation matters. We know how to position your offer for acceptance, and if it is rejected, we know how to appeal strategically or pivot to a better solution like an installment agreement or CNC status.

    What is the difference between an OIC and an installment agreement?

    An installment agreement lets you pay your full tax debt over time through monthly payments. An OIC lets you settle for less than you owe. An installment agreement is simpler to obtain, but you are still paying close to 100% of your debt. An OIC offers much more relief, but it is harder to qualify for and the IRS scrutinizes it heavily. Sometimes the right strategy is to start with an installment agreement or Currently Not Collectible status to pause collections, then apply for an OIC once your financial picture is clearly documented.

    Can I apply for an OIC myself?

    Technically, yes. But statistically, no. The national approval rate for OICs is about 40%, and that includes submissions from professionals. When taxpayers apply without representation, the rejection rate is significantly higher because they do not understand what the IRS is looking for. Mistakes in financial documentation, incorrect expense calculations, or unrealistic settlement figures trigger immediate rejection. A single rejected OIC can lock you out of better options later.

    The IRS Has a
    Process. Now You
    Have a Team.

    Offices in San Antonio, Austin, and Houston.

    Free Case Review
    Call (855) 4-IRS-PRO

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