OIC 105: Is the OIC Offer “Processable?” – Part 1

Overview Video: IRS Determines Whether the Offer in Compromise Application is Processable

OIC Offer “Processability,” an Overview

Processability Review by the IRS

Taxpayer’s Ability to Fully Pay

Taxpayer’s Unfiled Annual Tax Returns

Taxpayer’s Tax Compliance

Taxpayer’s Employment Tax Compliance

Bankruptcy

Failure to Tender Payment to the IRS

US DOJ Referral