IRS has an UPDATED Offer-In-Compromise Form
20 Jun IRS has an UPDATED Offer-In-Compromise Form
Posted at 00:00h
in
Appeals & Audit Resolution,
IRS Appeal,
IRS Audit,
IRS Collections,
IRS Examination,
IRS Levy,
IRS Lien,
IRS Mediation,
Offer In Compromise,
Tax Guidance & Preparation,
Tax Problems & Requests,
Tax Relief
by John R. Dundon II
The IRS has revised Form 656, Offer in Compromise. When submitting an offer use the March 2011 revision of Form 656.
Beginning July 5, the IRS will not accept outdated forms. If an offer is submitted on an outdated form, the IRS will return it.
Here’s the rub though, the IRS will only return Form 656, not the other forms contained in the offer. This is not a rejection of the offer, but rather a request that you submit the offer on the most current form.
