Killer IRS Offer In Compromise - IRS Form 656 OffersJoe Mastriano CPA
Most taxpayers do not need to seek legal action to receive a tax settlement, you simply need to fill out the right IRS forms. Form 656-B, Offer in Compromise Booklet that provides step-by-step instructions, is available on the IRS website. Along with the application, you must pay a non...
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Tip 2: Be realistic about your situation.The IRS rarely forgives tax debts. Form 656 is the application for an "offer in compromise" to settle your tax liability for less than what you owe. Such deals are only given to people experiencing true financial hardship. If you or your ...
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visit IRS website’s Offer in Compromise page for more information. There taxpayers can find step-by-step instructions as well as the required forms. Taxpayers can download forms anytime atwww.irs.gov/formsor call 800-TAX-FORM(800-829-3676) and ask forForm 656-B, Offer in Compromise ...
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You can find more information about payment plans on theIRS website. Finding a Legitimate Tax Relief Firm Several red flags should warn prospective customers who are considering hiring a tax settlement firm. Any firm that promises to drastically reduce a customer's taxes without first getting a de...