Settle IRS Tax Debt for Less: Offers in Compromise

Owing back taxes can feel overwhelming — from government notices to bank levies and wage garnishments. But there is hope.

At Wiggam Law, our experienced tax attorneys help individuals and business owners negotiate with the IRS through an Offer in Compromise (OIC) — a real, federally backed program that allows eligible taxpayers to settle their tax debt for less than the full amount owed.

In this video, we explain how OIC works, who qualifies, and how our team guides clients through every step of the process.

What Is an Offer in Compromise?

An OIC allows taxpayers who genuinely can’t afford to pay their full tax liability to settle their balance based on their true ability to pay — not the number the IRS demands.
It considers:

Income

Living expenses

Equity in assets

Financial hardship

Overall ability to pay

Who Qualifies?

This program is ideal for taxpayers facing:

Serious financial hardship

Large IRS balances they cannot pay in full

Levies, liens, or garnishments

Struggling businesses

Situations where full payment would create an undue burden

How Wiggam Law Helps

Our attorneys handle the entire process, including:

Preparing Forms 656 and 433-A

Gathering financial documents

Building a strong hardship case

Negotiating with IRS agents

Appealing rejected offers

Ensuring long-term compliance

We’ve helped clients reduce six-figure tax debts to just a few thousand dollars — even when they felt out of options.

Important to Know

Once approved, an OIC remains in effect only if you stay compliant for five years by:

Filing all returns

Paying all new taxes on time

Get Relief Today

If tax debt is weighing you down, don’t wait.

📞 Call Wiggam Law to evaluate your eligibility for an OIC.