- Instructor: Attorney Bob Schaller
- Lectures: 7
- Quizzes: 1
“Rejecting” a Pending Offer.
The IRS can “reject” a processable Offer in Compromise application for many reasons. The IRS defines “reject” as a non-acceptance recommendation of any OIC offer that includes appellate rights. IRM § 5.8.7.1.6(1) (12-20-2018). The rejection of an application closes the Offer in Compromise application review process. Interest and penalties are stopped while an Offer in Compromise application is being considered, but interest and penalties are applied retroactively upon rejection. Offer in Compromise FAQs, https://www.irs.gov/businesses/small-businesses-self-employed/offer-in-compromise-faqs.
Curriculum
- 8 Sections
- 7 Lessons
- Lifetime
Expand all sectionsCollapse all sections
- Video Overview1
- Overview of the IRS "Rejecting" a Pending Offer1
- RCP Exceeds Offer Amount1
- Not in the Best Interest of the Government1
- Rejecting an Application on Public Policy Grounds1
- Independent Administrative Review1
- Appellate Review of Rejected Application1
- Quiz1
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