Why does the IRS require the May 2001 version of Form 656, “Offer in Compromise” package?
The May 2001 version of Form 656 was redesigned to be a complete package, containing the offer in compromise, instructions, Forms 433-A and 433-B, as well as a worksheet that helps to calculate the offer amount. It prompts taxpayers to attach necessary financial documents needed in the processing of the offer.