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Upon acceptance of an offer, does an applicant have any duties and/or responsibilities other than signing of the Offer in Compromise Agreement and payment of the offer amount?

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Upon acceptance of an offer, does an applicant have any duties and/or responsibilities other than signing of the Offer in Compromise Agreement and payment of the offer amount?

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Yes. An applicant must comply with all State filing and payment obligations, including filing and payment of taxes, for a period of five (5) years after acceptance of the offer. Failure to comply with such obligations may result in reinstatement of the full amount of the compromised liabilities.

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