- Instructor: Attorney Bob Schaller
- Lectures: 5
- Quizzes: 1
Taxpayer’s Duties Post-Acceptance.
A Taxpayer has cause to celebrate the IRS’ decision to accept his/her offer to compromise the back-taxes. But the taxpayer must stay vigilant and in full compliance with all terms of the Form 656 offer terms for the 5-year period beginning with the date the offer was accepted and ending through the fifth year, including any extensions.
Overview of a Taxpayer's Duties Post-Acceptance
Taxpayer Must Pay Offer Amount
Offer Cannot Be Changed Post-Acceptance
Full-Compliance with Tax Code for 5 Years