- Instructor: Attorney Bob Schaller
- Lectures: 2
- Quizzes: 1
Categories: Offer in Compromise
Tags: Taxpayer's Duties
Taxpayer’s Obligations During Offer Investigation.
The IRS spends many months investigating a “processable” Offer In Compromise application. So, a taxpayer must be patient while the offer is pending. Patience does not mean inaction. A taxpayer has obligations that must be satisfied during the IRS offer investigation.
Tax LawThis course provided the essential information that all tax professionals must know so that they can advise their clients. The most important obligation is that a taxpayer must remain in full compliance with all tax laws while the offer is pending, or the application process will be closed, and the application returned or withdrawn.