Business taxpayers can use online tools to make a payment toward their Offer in Compromise

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Business taxpayers can use online tools to make a payment toward their Offer in Compromise

By: IRS, Illinois Department of Revenue

The IRS reminds business taxpayers to review the eligibility requirements for an Offer in Compromise. Business taxpayers can submit Form 656 and Form 433-B to apply for an Offer in Compromise. The IRS will review submission and determine if they qualify.

Business taxpayers can use their Business Tax Account to make OIC payments online.

For a step-by-step overview, watch this video before you begin.