Guide

Offer in compromise — what transcripts reveal first

OIC is a math story and a compliance story. Transcripts answer whether you’re even in the right chapter before you open the 433 book.

Transcript signals practitioners scan first

  • Open examination / audit indicators — OIC may be premature until resolved or properly scoped.
  • Active collection enforcement (levies) — often must be addressed in your sequencing plan.
  • Filing compliance gaps — OIC requires current estimates and filings as a baseline expectation.
  • Assessment dates — CSED context changes whether forgiveness through time is part of the story.

RCP is not a vibe

Reasonable collection potential combines asset equity and future income. Transcripts won’t list every asset — intake still matters — but they anchor balances, penalties, and collection posture so you don’t argue with the IRS from the wrong baseline.

How RESO helps

RESO is designed to structure this first pass: decode transcripts, organize year-by-year findings, and produce a written strategy report you review under Circular 230 — including when OIC is flagged as not viable and why.

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