Use this checklist before you provide financial information to the IRS and before you request a Monthly Installment Agreement. General 1.   Are any tax returns (or other required IRS filings) past due? If so, these must be filed before the IRS will consider an Installment Agreement. 2.   Have you determined the Collection Statute Expiration Date? [...]

Form 656 is the Offer in Compromise form. On it’s face the form seems simple enough, but if you read the instructions carefully you will soon see that most of the work is in assembling and presenting detailed financial information in support of the Offer. We have had many clients who have tried to file [...]