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mailed a letter to petitioners informing them that their fourth
offer could not be processed.
3. Petitioners’ Fifth Offer in Compromise
On August 24, 1995, respondent received a fifth offer in
compromise from petitioners. On September 26, 1995, respondent
mailed a letter to petitioners informing them that their fifth
offer could not be processed for a variety of reasons, including
the following:
You didn’t correctly identify the liability(s)
that you want to compromise. Please see Form 656, and
refer to page 6, “How to Complete Form 656", item 4.
You didn’t attach Form 433A, Collection
Information Statement for Individuals and/or Form 433B,
Collection Information Statement for Businesses.
Please fill out a new 433A, the financial
information is over a year old. If your wife still
owns a business you will need a 433B also. Your tax
liability for 1994 must also be listed on the Form 656.
4. Petitioners’ Sixth Offer in Compromise
On October 4, 1995, respondent received a sixth offer in
compromise from petitioners. On November 1, 1995, respondent
mailed a letter to petitioners informing them that their sixth
offer could not be processed for the following reason:
The amount you offered doesn’t equal or exceed the
minimum offer as described on Form 656, page 5, “How to
Figure an Acceptable Offer”. You must offer an amount
which equals or exceeds the sum of (a) the amount shown
on line 30, Form 433-A, Collection Information
Statement for Individuals and/or line 27 column D, Form
433-B, Collection Information Statement for Businesses
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Last modified: May 25, 2011