< iframe size =" 480" height =" 320" src =" https://www.youtube.com/embed/6sCVi-IH2bA?rel=0" frameborder =" 0" allowfullscreen >< img design =" float: left; margin:0 5px 5px 0;" src =" http://taxdr.org/wp-content/uploads/2021/05/JvME0Z.jpg"/ > https://taxfortress.com/tax-resolution-services/offers-in-compromise/. A Deal in Compromise( OIC) is an official, written contract between a taxpayer as well as the Internal Revenue Service to clear up a tax liability for less than the total owed. Several states have a comparable program. An OIC can be based on "Question as to Collectability "( the taxpayer proves he or she is not with the ability of settling the debt completely), "Doubt as to Obligation"( the taxpayer proves that there is some question regarding whether the tax obligations should in fact be owed) or "Effective Tax Obligation Administration "( normally the taxpayer proves some type of hardship that calls for a tax settlement).