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Your go-to blog for the latest tax law updates, practical tax tips, and celebrity tax stories.

Fresh Start Program vs. Offer in Compromise: What’s the Difference?

If you are struggling with back taxes, you’ve likely seen advertisements for the IRS Fresh Start Program promising to se …

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2 min read

Submitting an OIC as a Small Business: Form 433-B Explained

If you are a business owner—whether you run a Corporation, a Partnership, or a multi-member LLC—the IRS uses a specific …

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The 5-Year Compliance Trap: Why IRS Offers in Compromise Get Revoked

You did it. You successfully negotiated with the IRS, and they agreed to settle your $50,000 debt for $5,000. The papers …

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IRS Offer in Compromise vs. Currently Not Collectible: Which is Better in 2026?

When you’re staring at a tax bill you can’t pay, the IRS "Fresh Start" program offers two major lifelines: the Offer in …

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How to Calculate Your RCP for an IRS Offer in Compromise

If you’ve heard that an Offer in Compromise (OIC) is a "math program" rather than a "negotiation program," you’ve heard …

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2 min read

IRS Payment Plan vs. Offer in Compromise: Which Saves You More?

If you’re staring at a tax bill you can’t pay, you’ve likely heard two terms: “Payment Plan” and “Offer in Compromise (O …

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3 min read