What To Do If the IRS Contacts You About an Offer in Compromise
If the Internal Revenue Service contacts you regarding an Offer in Compromise, it is important to remain calm and respond carefully. Many taxpayers feel pressure when dealing with IRS matters, but understanding the process can help prevent unnecessary mistakes.
An Offer in Compromise allows eligible taxpayers to resolve certain tax debts for less than the full amount owed. During the review process, the IRS may request additional financial information or clarification about documentation that was submitted with the application.
If the IRS contacts you by phone, it is usually acceptable to speak briefly. However, taxpayers should avoid guessing or providing information they are unsure about. Most IRS decisions related to an Offer in Compromise are based on written financial documentation rather than informal conversations.
A practical approach is to request that any information requests be provided in writing. This allows time to review documents carefully and respond accurately.
For example, a taxpayer might say:
“I would prefer to review the request in writing so I can respond accurately.”
Taking time to organize records and respond carefully can help ensure that the Offer in Compromise review process proceeds smoothly. IRS Response Pro™
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