IRS Offer in Compromise - IRS to increase audits next year

"Senate plan draws fire from a senior IRS official.

"Sometimes, the IRS agrees to compromise with those who can't afford to pay what they owe. The Senate agreed to require someone seeking a compromise to make a 'good-faith down payment' of 20 percent of any lump-sum offer when they apply, according to a Senate Finance Committee tax staff memo. Nina Olson, the IRS's National Taxpayer Advocate, says the down-payment provision would make it too tough for some individuals to apply."

IRS Offer in Compromise