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Offers in Compromise

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Under the right circumstances, an Offer in Compromise is a great way to address overwhelming IRS debt. Learn how to identify clients that are candidates for this type of strategy, as well as the procedural aspects of an Offer in Compromise (OIC). We will cover the main components of an OIC, compliance issues, and the IRS’ formula for OIC’s. We will also cover examples of situations in which an Offer in Compromise may not be an appropriate strategy. 

Learning Objectives

At the end of this course, you will be able to:

  • Educate clients with outstanding tax liabilities on the three different methods for requesting a compromise of that liability with the Internal Revenue Service.
  • Diagnose which of the various options may be the best path forward for the client.
  • Identify whether bankruptcy may be a better, more holistic alternative to compromising/resolving their outstanding debts.

NASBA CE: 1.0 Hours/Federal Taxation 
IRS:  1 Federal Taxation  
CTEC CE: 1 Federal Taxation 
ACAT CE: 1 Federal Taxation 

NSA Webinar Program Level: Basic
Prerequisites: None   
Advance Preparation: None   
Delivery Method: Group-Internet Based

No refunds or exchanges for cancellations. For more information regarding refund, complaint and/or program cancellation policies, please contact NSA toll-free at 800-966-6679.

NSA is approved by NASBA, the IRS, ACAT, and CTEC as a provider of continuing professional education.

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Justin Andreozzi

Justin is a Senior Associate at Andreozzi Bluestein LLP.  He received his B.A. from Roberts Wesleyan College in Rochester, New York, and he received his J.D. from the State University of New York at Buffalo Law School.  Justin concentrated in tax at SUNY Buffalo Law School, taking courses including Federal Income Tax I & II, Tax Policy, State & Local Taxation, Corporate Taxation, and a tax focused independent study. His practice is focused on individual and corporate tax controversy and criminal litigation.

Along with his commitment to the firm, Justin has also shown a commitment to assisting low income individuals in Buffalo. His concerted efforts with other attorneys at Andreozzi Bluestein LLP were recognized when our firm received the Law Firm Commitment Award from the ECBA Volunteer Lawyers Project in 2014.  Justin was also honored as a selection in Buffalo Business First’s 2016 “30 Under 30.”


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NSA is approved by NASBA, the IRS, ACAT, and CTEC as a provider of continuing professional education.

The National Society of Accountants is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: https://www.nasbaregistry.org/.

NSA has been approved by the California Tax Education Council to offer the above courses to go towards the annual "continuing education" requirement imposed by the state of California. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, by phone at (877) 850-2832, or on the Internet at www.ctec.com.