I'm in a situation where I owe almost $90k in withholding taxes from a failed business due to my ex's thievery. The IRS doesn't recognize Innocent Spouse Relief for business taxes and since I was listed as owner they of course want to collect from me (also I am an easier target and my ex has nothing and lives like a gypsy).
I have an Enrolled Agent helping me and he wants to file an OIC but since I make about $58k and have about 10 yrs left on the SOL, I really don't believe they will be willing to compromise. Also, I've heard tons of horror stories about the IRS's OIC scam in which they will gladly accept your 20% and can reject the offer for any reason including future collection potential or the compromise not being in the best interest of the government. Since I am not interested in extending the 10 yr SOL any longer while the IRS decides to deny my OIC, does it seem reasonable to request a partial payment installment agreement that will last the remainder of the SOL? I know by doing this I run the risk of having a huge monthly payment I can barely afford for the remainder of the SOL, but it might be easier than forking over thousands of dollars to end up in a payment agreement anyway.
Anyone have any experiences with OIC's and are willing to share their stories? Thanks for any help you can give.