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 Irs Form 656 2014

2014-2025 Form

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Video instructions and help with filling out and completing Irs Form 656

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Instructions and help about Irs Form 656

hi John McGuire with the McGuire law firm and I'm going to talk a little bit about form 656 in this video so in a lot of other videos we've discussed you know what is an offering compromise in general how do you submit an offering compromise the offering compromise equation well form 656 is the offer and compromise form it is what you complete to State the taxpayer who's trying to settle the debt the tax periods of which you are attempting to settle the terms of the offer offer amount and pay terms of that offer amount so it's a very important form and you would submit that form with the necessary financial statements to the offer and compromised unit based upon where you live uh the form is about four to five pages uh it's not overly complex but you need to make sure that you cross your tees dot your eyes the form is complete and accurate when you submit it if you are looking at trying to resolve any type of tax matter settle a tax debt please f

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