What does OIC stand for?

Offer In Compromise

This definition appears very rarely

Other Resources:

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Oxford International Business English Certificate (University of Oxford; UK) Oklahoma International Bluegrass Festival Operator Initiated Built in Test Operating Income Before Interest, Taxes, Depreciation and Amortization Opportunity International Bank of Malawi (bank focuses on economically needy; Lilongwe, Malawi) Office of International Business Programs (Tennessee State University College of Business; Nashville, TN) Organisation Internationale de Biophysique Pure et Appliquée (French: International Organization for Pure and Applied Biophysics) Object Inheritance Beyond Subtyping (Acta Informatica; mathematics journal) Organisation Internationale des Bois Tropicaux (International Tropical Timber Organization) FCC Office of International Communications		Office of Independent Council Office of Institutional Coordination Office of Internal Communications Office of International Conferences Office of the Information Commissioner of Canada Officemate International Corp Officer In Charge Oh I See Oil Importing Country Oil Industry Commission

Samples in periodicals archive:

As a result, it is more likely to approve an installment agreement than an offer in compromise.

Installment agreements: an alternative to offers in compromise

He submitted an offer in compromise for $4,457 when the balance was $148,745; the IRS rejected it.

Offers in compromise are reviewable

An Offer in Compromise (Form 656) is an agreement with the IRS that lets you resolve your tax bill for less than you owe; the general rule is at least 14% of the amount owed must be paid.

Getting out of an IRS mess