Offer in Compromise
Settle Your IRS Debt for Less
An Offer in Compromise lets you resolve a tax balance for less than the full amount owed — when your finances qualify.
How an Offer in Compromise Works
A structured path from first review to accepted offer.
Eligibility Review
We pull your IRS transcripts and run the offer formula to see if you qualify.
Financial Disclosure
We prepare the required income, asset, and expense statements with you.
File the Offer
We submit Form 656 and Form 433-A/OIC with the correct offer amount.
Negotiation & Decision
We respond to IRS questions and track the offer through to acceptance or appeal.
Common Questions
What does a tax debt resolution firm actually do? ▼
We act as your representative with the IRS and state agencies. That means preparing the right paperwork, negotiating payment or settlement terms, and handling correspondence so you are not navigating the process alone.
Who leads TaxWorx? ▼
TaxWorx is led by Michael D. Dunlap, CPA and CTRS (Certified Tax Resolution Specialist) with more than 40 years in public accounting and tax resolution work.
What is an Offer in Compromise? ▼
An Offer in Compromise lets you settle a tax debt with the IRS for less than the full amount owed, but only when your finances show you cannot pay the balance in full. We review eligibility before filing.
Will the IRS stop calling while you represent me? ▼
Once representation is in place, IRS communications are directed to us. You stay informed, but the day-to-day back-and-forth with the agency goes through your representative.
Do you help with state tax debt too? ▼
Yes. In addition to IRS matters, we work with Texas state tax issues and coordinate both so the plan covers your full situation.
How do I get started? ▼
Start with a free 15-minute IRS Clarity Call. We review your situation, explain likely options, and outline next steps before you commit to anything.
Wondering If You Qualify?
Book a free 15-minute IRS Clarity Call. We will review your situation and explain whether an Offer in Compromise fits.
Book IRS Clarity Call