There are several different types of OICs.
A professional tax resolution firm needs to assess your individual situation to submit the proper OIC or you can waste a lot of time and money. One of the keys to getting a OIC accepted is ensuring it is processable. This is only possible when you have submitted a offer consistent with the qualifications necessary to qualify for the type of OIC you are trying to get.
There are actually 4 completely different types to look at:
○ OIC doubt as to liability, OIC doubt as to collectibity
○ OIC effective tax administration
○ OIC partial pay installment agreement.
A reputable tax resolution firm will verify your qualification for each of these.