IRS Offer in Compromise: Patience Required

Wondering how long an IRS Offer in Compromise takes? Learn the step-by-step OIC timeline, what slows it down, and how to speed up your chances of approval.
If you’re drowning in tax debt, the IRS Offer in Compromise (OIC) program can feel like a lifeline. It allows qualified taxpayers to settle their debt for less than the full amount owed.