6 Simple Steps to an Offer-in-Compromise: Completing Form 656

Table of Contents

  1. Understanding the “Offers”
    • Doubt as to Liability
    • Effective Tax Administration
    • Doubt as to Collectability
  2. Influence/optimize the outcome
  3. Strategies for Offers
  4. Presenting the Offer
  5. Setting Expectations
  6. Plan for Appeals
Family members get the following below the fold:
  • Download of Lecture Powerpoint PDF
  • List of Resources available for 6 Simple Steps to an Offer-in-Compromise

Join the Family Now


This material is copyrighted and may not be reprinted or used for lectures and presentations without paying for the reprint or presentation rights.

6 Simple Steps to an Offer-in-Compromise – Resources

Collections Financial Standards Tables

IRS e-Services System

IRS TaxToolKit

Pitbull Collections Software

(Disclosure – we receive a commission. You can, too, for referring them to clients.)

Need help  – Consult  Tom Buck, CPA and Sonya Wilt, EA

Download the Lecture PDF to your desktop
Right click and save link as…

6 Simple Steps to an Offer-in-Compromise: Completing Form 656 - Powerpoint Course

Links to www.irs.gov PDFs

Form 656-B – IRS Offer in Compromise Booklet

Form 656-L – Doubt as to Liability

433A – Collection Information Statement for Wage Earners and Self-Employed Individuals

433B – Collection Information Statement for Businesses

433F – Collection Information Statement


Form 2848 – Power of Attorney



Leave a Reply