Settle your IRS tax debt for less than you owe. Our expert team helps you negotiate with the IRS to reduce your tax burden and get a fresh start.
Watch our expert explain how Offer in Compromise works and how it can help you
This video provides an overview of the Offer in Compromise process and what to expect when working with Valor Tax Relief.
A legitimate IRS program that allows you to settle your tax debt for less than the full amount owed
An Offer in Compromise is a formal agreement between you and the IRS that allows you to settle your tax debt for less than the total amount you owe. The IRS may accept your offer if they believe:
You have filed all required tax returns and are current with your tax obligations
You are not in active bankruptcy proceedings or have recently emerged from bankruptcy
You can demonstrate genuine financial hardship and inability to pay the full amount
Note: Not everyone qualifies — the process requires a formal application with detailed financial documentation and typically takes several months to complete.
Our experienced team simplifies the process and represents you every step of the way
Eligibility check and initial assessment
Gather and prepare financial documents
Submit your offer to the IRS
Monitor and respond to IRS requests
Finalize agreement and ensure resolution
We communicate directly with the IRS to ensure the best possible outcome for you.
"I'm a self-employed truck driver and my tax debt kept me up at night. Thanks to Valor Tax Relief, I successfully settled and saved over $30,000. Incredible!"
Carlos M.
Texas
No. The IRS accepts OIC applications only if you can demonstrate you are financially unable to pay the full amount and are compliant with prior tax filings.
Savings vary significantly based on your financial situation. Some clients save 50-90% of their total tax debt. The IRS calculates your offer based on your ability to pay, not the amount you owe.
Typically between 6 and 12 months, depending on case complexity and documentation. The IRS has 24 months to make a decision, but most cases are resolved within a year.
Not necessarily. However, the IRS will pause enforcement actions such as asset seizures and wage garnishment during the review period.
Not required, but strongly recommended. A professional team like Valor Tax Relief increases your chances of success and avoids costly mistakes.
Yes. You can submit a new application if your financial situation has changed or errors were fixed.
There is a $205 application fee, unless you qualify for low-income status. A down payment may also be required based on your offer type.
The IRS accepts approximately 25-30% of OIC applications. However, with professional representation like Valor Tax Relief, our success rate is significantly higher due to proper preparation and documentation.
You'll need 3 months of bank statements, pay stubs, tax returns, expense documentation, and asset information. Our team helps gather and organize all required documents.
Yes, in most cases. The IRS considers reasonable living expenses and allows you to keep essential assets. Your home equity and vehicle value are factored into the offer calculation.
You must file and pay all taxes for 5 years after the OIC is accepted. Failure to comply can result in the OIC being revoked and the full debt reinstated.
Yes. The IRS offers two payment options: lump sum (paid within 5 months) or periodic payments (paid over 24 months). Periodic payments may require a down payment.
If rejected, you can appeal the decision or explore other options like installment agreements or currently non-collectible status. Our team helps evaluate the best alternative solutions.
Call us at 877-814-2398 for a free consultation. We'll evaluate your eligibility, explain the process, and help you determine if an OIC is the right solution for your tax debt.
Our team of experienced tax professionals is here to help. Contact us today for a free consultation about your Offer in Compromise.
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