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.