Thursday, February 20, 2014

offer in compromise form 656

Form 656 must accompany ever offer in compromise: 1) based on doubt as to collection ability for both individuals and for businesses; 2) based on doubt as to liability

Make sure the Form 656 included all tax years.

There is also a comment section which should be completed to explain the nature of the filing for relief and the reasons that settlement in justified.

Alvin S. Brown, Esq. (212) 588-1113

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