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Purchase this course | $84

An Offer-in-Compromise (OIC) allows taxpayers to reach an agreement with the IRS to pay less than the total owed. You'll receive a detailed 6-step guide to requesting an OIC to achieve a reasonable settlement for your client.

This course will cover the following topics:

  • Understanding the Offers
  • Doubt as to Liability
  • Effective Tax Administration
  • Doubt as to Collectability
  • Influence/optimize the outcome
  • Strategies for Offers
  • Presenting the Offer
  • Setting Expectations
  • Plan for Appeals
Learning Objectives
  • Discover and understanding the Offers.
  • Explore effective Tax Administration.
  • Identify ow to influence/optimize the outcome.
  • Recognize the strategies for offers.
  • Identify how setting the expectations.
Last updated/reviewed: March 9, 2024

Included In Certifications

This course is included in the following Certification Programs:

10 CoursesTax Resolution Specialist Certification

  1. IRS Representation Series - Foolproof Tips to Release IRS Levies on Paychecks or Bank Accounts
  2. IRS Representation Series - Getting Organized to Resolve Collection Issues
  3. IRS Representation Series - Doing Offer-in-Compromise: How to Complete the Form 656 Application
  4. IRS Representation Series - Tips and Tricks for the 433s Needed to Secure an Offer in Compromise
  5. IRS Representation Series - Winning the 1040 Audit
  6. IRS Representation Series - Steps to Take After SUCCESSFUL Collections or Audits
  7. IRS Representation Series - When Collections and Audits Fail
  8. IRS Representation Series - Reducing IRS Assessments for Interest & Penalties
  9. IRS Representation Series - Conflicts of Interest
  10. IRS Representation Series - Circular 230 Ethics and Updates
2 Reviews (4 ratings)


Member's Profile
Very helpful and informative for tax resolution beginner or veteran. Will recommend the course.

Member's Profile
Great course, nicely laid out, very detailed and presented well

Course Complexity: Advanced
No advanced preparation or prerequisites are required for this course.
Education Provider Information
Company: Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact: For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Instructor for this course
Course Syllabus
  Introduction to Doing Offer-in-Compromise: How to Complete the Form 656 Application2:16
  OIC Overview19:57
  Understanding the Offers9:36
  Doubt as to Liability and Form 656 L17:48
  Application Checklist and Effective Tax Administration13:32
  Doubt as to Collectability11:18
  Strategies for Offer13:57
  Making The OIC Installment Payments and Presenting the Offer12:53
  Case Study Part 112:37
  Case Study Part 212:10
  Case Study Part 315:22
  Setting Client Expectations and Preparing for Appeals3:04
  Summary and Closing Comments5:14
  Doing Offer-in-Compromise: How to Complete the Form 656 Application2:29:44
  Slides: IRS Representation Series - Doing Offer-in-Compromise: How to Complete the Form 656 ApplicationPDF
  IRS Representation Series - Doing Offer-in-Compromise: How to Complete the Form 656 Application Glossary/ IndexPDF