05/30/2026
For those that may be looking for help in settling or reducing their debt with the IRS
Taxpayers who can't pay their tax debt in full may qualify for an offer in compromise to help settle their debt for less than the full amount owed. Use the Offer in Compromise Pre-Qualifier Tool to check eligibility and prepare a preliminary proposal. Taxpayers should also review the latest Form 656-B, Offer in Compromise Booklet, which includes additional information on requirements, application process, costs and required forms.
Learn more from this tax tip: https://ow.ly/3Sxp50YZJ4Y