Offer in Compromise

Facing the waves of tax debt can feel like an endless storm. But here at Tax Resolution Services of Hawaii, we offer you a ray of hope through our Offer in Compromise (OIC) service. We extend our expertise to help Hawaii’s residents navigate through rough tax waters.

What is an Offer in Compromise?

An Offer in Compromise is a special agreement between you and the IRS, allowing you to settle your tax debt for less than the full amount owed. This may be your lifeline if paying your full tax liability creates a financial hardship.

Why is OIC a Choice of Relief?

  • Individualized Evaluation: The IRS considers your unique financial circumstances to determine the acceptance of an OIC. It’s about finding a balance between what you can afford and what the IRS can recover.
  • Resourceful Guidance: The IRS provides resources like the OIC Booklet and a pre-qualifier tool to help you understand and evaluate your eligibility for an OIC.

 

Sail Smooth with Tax Resolution Services of Hawaii

Choosing a local Enrolled Agent from Tax Resolution Services of Hawaii to guide you through the OIC process brings you several advantages:

  • Local Expertise: Our deep understanding of both federal and Hawaii state tax laws ensures a tailored approach to your tax resolution needs.
  • Professional Representation: As authorized representatives before the IRS, we advocate for your interests, ensuring a favorable negotiation.
  • Stress-Free Journey: We manage the intricate OIC process, saving you time and reducing stress, so you can focus on what matters most.
  • Holistic Tax Solutions: Our service goes beyond just OIC. We provide a range of tax resolution services to ensure a comprehensive financial recovery.
  • Educational Insight: We empower you with knowledge, helping you understand the implications of an OIC and other tax resolution options.

*” indicates required fields