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IRS Warns Taxpayers About Scams by Offer in Compromise Mills

The IRS has issued a warning to taxpayers to be cautious of unscrupulous promoters claiming to offer help in resolving unpaid taxes through the IRS Offer in Compromise (OIC) program. These fraudulent entities, often referred to as OIC mills, use aggressive marketing tactics and promise to settle tax debts for "pennies-on-the-dollar," charging excessive fees with no results. IRS Commissioner Danny Werfel cautioned taxpayers about these deceptive practices, emphasizing that many OIC mills make empty promises and charge steep fees, leaving taxpayers worse off financially without resolving their tax issues.

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