FREQUENTLY ASKED QUESTIONS

1
What is Easy OIC?
Easy OIC is the first web-based platform designed to assist tax debtors in resolving their own tax liabilities with the IRS.
2
How does Easy OIC work?
Easy OIC functions like an interview. The platform asks you questions about your financial situation. A settlement offer or favorable payment plan will be recommended to you. You file your application with the IRS and the settlement is approved.
3
What is an offer in compromise?
An offer in compromise is an agreement between you and the IRS that settles your tax debt for less than the full amount that you owe. The OIC program provides eligible taxpayers with a path toward paying off your tax debt and getting a fresh start.
4
Does the IRS really use a computation to settle tax debt?
Yes. The IRS uses a computation to calculate an appropriate offer based on your assets, income, expenses and future earning potential. Easy OIC was developed using this exact computation. As long as you answer the questions truthfully and accurately, your settlement offer will be approved by the IRS.
5
Can I really resolve my own tax debt?
Of course! With our web-based platform, you will resolve your tax debt on your own. What Turbotax did to the accounting industry and Legalzoom did to the legal industry, Easy OIC does to the tax resolution industry.
6
If I submit an offer in compromise using Easy OIC, will the IRS accept the offer automatically?
Submitting an offer in compromise using Easy OIC does not guarantee that the IRS will accept your offer in compromise. Easy OIC will increase the chances of settlement by ensuring that your application is done correctly. Easy OIC will put you in the best position possible with the IRS to settle your tax debt whether through an actual settlement or a favorable payment plan.
7
How long does this process take?
The offer in compromise process can take 4 to 6 months. A payment plan can be approved in one day.
8
How much does Easy OIC cost?
Easy OIC charges a one-time fee of $299, plus possible IRS fees. If you hire a tax professional to resolve your IRS tax debt, it will cost you thousands of dollars.