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Form 656 Arizona: What You Should Know
The only way out of a tax debt is with the consent of the government. If the IRS makes a final offer after you and your tax service (and creditors if applicable) have had a chance to respond with your final offers, then you can be discharged from the debt, if you cannot pay all the tax you owe. What's The Difference Between a Form 656 and a Form 657? — IRS The major difference between a Form 656 and a Form 657 is the amount of money you must contribute. The IRS will take into account the amount you have contributed to the debt, as well as the interest rates currently in effect for your particular account (including the applicable rate adjustment) on the final offer in compromise.
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