IRS Adopts New Offer in Compromise Policy

 – March 17, 2017
IRS Adopts New Offer in Compromise Policy

The IRS has updated its policy covering Offer in Compromise‎ applications.

Applications will now be returned without consideration in instances where the taxpayer has not filed all required tax returns. In such cases, the application fee will be returned and any required initial payment submitted with the offer will be applied to outstanding tax debt. 

This update is reflected on the Offer in Compromise page on IRS.gov and the newly updated Offer in Compromise Booklet (Form 656-B) available March 27.