Submitting a Successful IRS Offer in Compromise (2016 Update)

(333 Ratings)

Produced on: December 07, 2016

Course Format On Demand Audio

Taught by


Course Description

Time 93 minutes
Difficulty Intermediate

This course reviews the options of tax resolution including the IRS offer in compromise procedure used to satisfy tax claims.

The types of offers will be discussed with their respective requirements. Doubt as to liability, doubt as to collectability, and Effective Tax Administration Offers will be covered as appropriate options for applicable taxpayer tax problems.

For doubt as to collectability offers, the steps for processing an offer will be analyzed with a discussion on the importance of detailing and supporting all necessary living expenses on a form 433-a (OIC) or 433-b (OIC). These are the critical forms needed to support the form 656 offer in compromise form.

Learning Objectives:

  1. Understand when an offer in compromise is appropriate in contrast to other taxpayer options for resolution
  2. Understand the appropriate offer form for submission to IRS
  3. Understand the completion process for a form 433-a (OIC) or form 433-b (OIC)


Frank Rooney

Rooney Law Firm

Mr. Rooney is a graduate of the George Washington University National Law Center with honors, has a Master's Degree in Taxation from Georgetown University Law Center, and is a former attorney with the IRS National Office in Washington, DC. Mr. Rooney also passed the CPA examination. He is an expert in relieving taxpayers from IRS problems. Besides his tax practice, Mr. Rooney has taught tax courses at George Washington University Business School, & the VPI School of Business. He also conducts lectures of tax matters for private & governmental agencies and professional groups. Mr. Rooney is licensed to practice law in Colorado, Virginia, Maryland and Washington, DC.

Mr. Rooney practices in the areas of criminal and civil tax law controversies, including representation in IRS criminal investigations, regular and eggshell examination audits, IRS collection enforcement, and the elimination of income tax debts through bankruptcy.


Benjamin D.


Anne W.

Given by knowledgeable practitioner, and filled with good advice.



Frederick B.

Interesting content.

Timothy L.

Presenter was excellent.

Thomas E. K.

Useful material and presentation.

Cecil F.

Excellent speaker ,excellent course materials. He made tax information enjoyable.

Misty C.

Excellent speaker!

Richard B.

Mr. Rooney is excellent. Great teacher - repetition is important. We may laugh, but it is true! You can tell he really knows this area! Have listened to this presentation twice so far.

Ronald N.

I would recommend this program to attorneys handling criminal and tax matters as it was extremely informative.

Allan S.

Very thorough presentation

Gerald B.

Very informative.

Arthur R.

Good nuts and bolts presentation

Carol J.


Alison C.

very useful information well presented

Anthony S.

Thanks for the $ and accessibility!

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$ 89 Tax Law and Bankruptcy & Restructuring In Stock


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