The IRS OIC has an application fee of $186. If you meet the IRS Low Income Certification requirements, you will not be required to pay the OIC application fee.
Another provision of the OIC is that you must send in your first payment with your application. If you meet the IRS Low Income Certification requirements, you will not be required to send in your first payment with your OIC application.
A requirement of the Periodic Payment OIC is that you must make monthly payments while your OIC is under review. If you meet the IRS Low Income Certification requirements, you will not be required to make monthly payments while your OIC is under IRS review.
The OIC's Low Income Certification is for Individuals and Sole Proprietors only. You can find more information about it in IRS form 656, which you can find at irs.gov.
If you hire Fresh Start Tax Relief, we'll investigate your IRS Collection case, analyze your Collection Potential and advise you of your best options to resolve your federal tax debt. We'll let you know if you're a good candidate for the OIC and whether or not you qualify for the OIC's Low Income Certification. Call Fresh Start Tax Relief today at 866-937-5079 or request a call from a Fresh Start Tax Advisor by completing our Contact Form here.
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