Tuesday, October 28, 2008

Missouri Offer in Compromise

How do I submit an Offer in Compromise proposal?
You may request an Offer in Compromise (OIC) by submitting a letter to the Missouri Department of Revenue (department).

The offer must include a proposal to pay a sum of money. Missouri law provides three reasons as a basis for an OIC: doubt as to collectibility, doubt as to liability, or to promote effective tax administration.
Depending upon the basis of the offer, the following information must be included:
• A completed Form MO-656 . http://dor.mo.gov/tax/personal/individual/forms/2007/m656f.pdf
• If submitting an OIC based upon doubt as to collectibility, complete a Collection Information Statement, Federal Form 433A and/or B . http://www.irs.gov/pub/irs-pdf/f433a.pdf
• If the OIC is based upon doubt as to liability, enclose any relevant documentation or information supporting your claim.
• If your offer is based upon effective tax administration, state how acceptance promotes effective tax administration.
Where do I send a proposal for an Offer in Compromise?
An OIC may be submitted to the address on the balance due notice.
Corporate Income Tax:
Corporate Tax
P.O. Box 3365
Jefferson City, MO 65105-3365
Individual Income Tax:
Personal Tax
P.O. Box 385
Jefferson City, MO 65105-0385
Sales/Use Tax:
Sales Tax
P.O. Box 3390
Jefferson City, MO 65105-3390
Withholding Tax:
Withholding Tax
P.O. Box 3375
Jefferson City, MO 65105-3375
What if I owe for more than one type of tax?
If you owe for more than one tax type, send one OIC to any appropriate address. The OIC should list all tax debts.
Can I appeal if the department rejects my offer?

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