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When the IRS approves an Offer in Compromise, what happens next?

April 26, 2017approves compromise happens IRS Offer

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When the IRS approves an Offer in Compromise, what happens next?

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You may have up to ninety days or 2 years to tender payment to the Internal Revenue Service of the offered amount. Once the IRS has received payment, they will release all Tax Liens and there is no further liability.