If you received a letter notifying you that the IRS rejected your offer, you have 30 days from the date of the OCI rejection letter to request an appeal of the decision. If more than 30 days have passed since the date of the rejection letter, your appeal will not be accepted. First, try to talk directly with the specialist and try to persuade him to reverse course. Ideally, this should have been done before the rejection letter was sent, but sometimes you can save an offer from the ashes with a little finesse and a good argument.
The IRS will try to contact you to provide you with an opportunity to pay the missing amount. If you don't make the payment, the offer will be withdrawn and returned to you without the right to appeal. All payments already received will apply to your tax obligations. The IRS will also keep the application fee.
You cannot appeal a returned offer in the event of a commitment. Instead, you must correct the request and resubmit it. Conversely, if the IRS rejects your offer, you can accept the rejection or appeal. If you appeal, the IRS will review your request again and review any new arguments or documents you submit.
The IRS can make a lot of mistakes in its commitment analysis. You have the right to appeal the rejection and to fix things. The IRS rejection letter is final only if you let it be final. The denial gives you 30 days to appeal and challenge the IRS calculations; nothing is final until your appeal is heard.
Don't assume that the IRS is right. Even if they're correct, that doesn't mean you don't have other resolution options, such as bankruptcy, to consider. After the IRS rejects your offer, you still have 30 days from the date of that rejection letter to appeal your offer and appeal the rejection of the offer. The rejection letter outlines the procedure for filing and filing an appeal.
If your offer was rejected for the amount offered, you can also respond to the IRS with a larger offer. To do so, you must submit the documentation you submitted for the original application, along with a statement of the increase in the offer you are willing to make. Keep in mind that the rejection of a commitment offer and the return of a commitment offer are not the same thing. If you have a legitimate doubt that you owe part or all of the tax debt, you must complete a Form 656-L, Transaction Offer (Concerning Liability), PDF.
As part of the accepted offering agreement, the IRS will keep any refund, including interest, of taxes due until the date the IRS accepts the offer. If your company is not a sole proprietorship linked to your social security number, a separate offer is needed, with the application fee and payment of the offer. Carefully evaluate the position of the offer and what you can do to strengthen it and make it more favorable to the IRS. Your circumstances will be taken into account when deciding to release or maintain the fee while the offer is pending.
Offers can also be returned without consideration, in which case you have the option of correcting the error and resubmitting your OCI. If the period of time that the IRS can charge is favorable to you, you may end up with something that looks like a compromise offer agreement when everything is done. Solvable does not include all personal loan companies or all types of offers available on the market. Their experience often exposes them to many different controversies and, if their arguments are credible (as they should be, since you are appealing), they will often expedite the resolution of your compromise offer.
If your offer is not accepted and you have not incurred any additional tax debt, your installment agreement with the IRS will be reinstated at no additional charge. However, there is nothing to stop you from resubmitting the offer once the deficiency has been corrected. If the amount of the revised offer proposed by the specialist is reasonable, it may be best to accept and run it. If everything was submitted correctly and your offer is actually being rejected, it's time to take stock of the situation.
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