Fresh Start Tax LLC Since 1982 IRS Tax Experts “A” Rated by the Better Business Bureau
The IRS put out the 8 keys to successful offers in compromise to tax professionals. Here is the list given by the IRS.
Keys to Success in the Offer in Compromise Program:
1. Explore all collection options before submitting an offer in compromise
2. Complete the “Is Your Offer in Compromise Processable?” checklist located in the Form 656-B, Offer in Compromise Booklet.
3. Submit all required documentation
4. Complete all items on Form 656, Offer in Compromise
5. Include all required fees and payments
6. Be current with all filing and paying requirements (estimated taxes and federal tax deposits) and remain current
7. Respond promptly to all requests for additional information
8. Complete all items on Form 433-A or Form 433-B
Always have former IRS Agents, Managers and Instructors review any offer that is filed to the IRS.
You will have a much greater chance of success.
