10/01/2026
3 inches high and 4 pounds of letters, forms, and documents sent to the IRS for an offer in compromise application. Now we wait for the IRS to approve or deny. It can take up to a year to receive an answer.
Why did I send in so much? When dealing with the IRS, everything needs to be spelled out exactly. I cannot assume that just because a form or letter was sent in before, the IRS agent has access to it. I must send in everything that I know the agent will need to review the taxpayer's application and make a decision.
Some of the information that was sent in:
Form 656 (OIC)
Form 433-B (OIC)
Cover Letter
Exhibit
Bank and Credit Card Statements
Payroll registers
Payroll Tax Deposit Receipts
Loan documents for any loans
Since this is a business, copies of all invoices for the period of 6 months.
If you or someone you know has an IRS nightmare, feel free to contact me.
Download my free guide: https://245053943.hs-sites-na2.com/what-happens-if-i-owe-the-irs-money-lead-magnet