What is an Offer in Compromise (OIC)?

"What is an Offer in Compromise (OIC) as it pertains to the IRS?". Zelazny Business Bankruptcy and IRS Solutions explains what an Offer in Compromise is and how that differs from payment plans that the IRS prefers. Zelazny Business Bankruptcy and IRS Solutions are located in the Chicagoland area with offices in downtown Chicago and Tinley Park. Attorney Eric Zelazny offers free consultations to business owners struggling to pay taxes, trying to make payroll, or keep up with paying their bills and vendors. Getting a proper plan in place and seeking legal advice is generally a good idea if you are a business and are experiencing problems in these areas or if you are an individual and you owe back taxes to the IRS. Call for a free consultation at 708-888-2299 or visit our website.