Offer in Compromise for a Low Income Tax Payer

An Offer that is submitted without a completed Form 656-A and without the required down payment will not be accepted and will be returned to the taxpayer. The IRS will also reject and return any Offer where a taxpayer has claimed low income status, but is later deemed by the IRS to not qualify for low income status. Therefore, it is important for any taxpayer claiming low income status does a careful analysis to ensure that the requirements are met.
If you would like help with the Offer In Compromise process please fill out our free online evaluation.