What happens if the IRS does not accept an OFFER IN COMPROMISE?
• Once the IRS determines it cannot accept an Offer In Compromise, the taxpayer will be advised of the reasons behind the decision. • The taxpayer will be afforded another opportunity to submit additional information that might cause the IRS to reconsider its preliminary decision to reject the offer. • The exception to this is when the taxpayer has an ability to satisfy the liability in full and has not pointed to special circumstances.
If an OFFER IN COMPROMISE is not accepted and a written rejection is issued, taxpayers will be provided an opportunity to withdraw it and discuss another payment method. Should taxpayers decline to consider this option, they will be afforded the right to file a written protest and discuss the merits of their OFFER IN COMPROMISE case with an Appeals Officer.
Related Questions
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