What can one do when an Offer in Compromise is rejected?
- March 27, 2013
- David Greene
- Comments Off on What can one do when an Offer in Compromise is rejected?
Unfortunately, many Offers are rejected at first. However, there is hope. When an Offer is rejected, the taxpayer has thirty (30) days to file an appeal from the denial of the Offer. With this appeal, he can submit new information to support his case. The appeal will be reviewed by an independent examiner and then the examiner will call the taxpayer (or his representative) and schedule a meeting, either by telephone or in person. This examiner has a wider latitude in reaching a decision than does the front-line Offer specialist. Therefore, many times the appeals officer and I can come to a compromise agreement that will work for both the IRS and the taxpayer. Even if the 30 days has passed, there are still ways to help resolve the tax problem.