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Current IRS Developments | The Consequences of COVID-19

Updated: Jul 14

FLAT FEE TAX RELIEF

Coast to Coast IRS Help

Our team at Flat Fee Tax Relief have been sounding the call that, should you be eligible and qualified for an Offer in Compromise, now is the penultimate time to submit an IRS settlement.


The IRS is currently overwhelmed with tax returns that must be processed from both 2020 and 2021. The IRS has only so many assets. They are stretched thin.


Now is the time to strike if you want to get a "Fresh Start" and settle with the IRS. Due to Backlog of Unprocessed Returns, IRS Makes Temporary Changes in Offer in Compromise Procedures The IRS’ backlog in processing 2020 and 2021 returns has caused the service to issue a memorandum[1] with special procedures for handling offers in compromise where the taxpayer’s 2020 and/or 2021 return has not yet been processed by the IRS. The IRS was facing a massive backlog of returns as of May 1, 2021 per information provided by Erin Collins, the National Taxpayer Advocate in a Senate Hearing.[2] This backlog of over 30 million unprocessed returns is creating enormous problems for processing of every Offer in Compromise, as the Examining Officer attempting to process a settlement offer may be unable to access the filings for the last two years—and not know if that is because the taxpayer has not filed those forms or they are just stuck somewhere in the backlog.

The memorandum provides temporary guidance through September 30, 2021 for employees of the Specialty Collection Offer in Compromise (SCOIC) section when an Individual Master File (IMF) or Business Master File (BMF) may not have been processed due to the IRS’s issues revolving around the COVID-19 pandemic. The memorandum temporarily changes procedures found in various sections of the Internal Revenue Manual. The IRS is stretched very, very thin and is facing a massive backlog of tax returns as of May 1, 2021 per information provided by Erin Collins, the National Taxpayer Advocate in a Senate Hearing.[2] This backlog of over 30 million unprocessed returns is creating problems for processing offers in compromise, as the officer attempting to process an offer may be unable to access the filings for the last two years—and not know if that is because the taxpayer has not filed those forms or they are just stuck somewhere in the backlog.

The memorandum provides temporary guidance through September 30, 2021 for employees of the Specialty Collection Offer in Compromise (SCOIC) section when an Individual Master File (IMF) or Business Master File (BMF) may not have been processed due to the IRS’s issues revolving around the COVID-19 pandemic. The memorandum temporarily changes procedures found in various sections of the Internal Revenue Manual. The tax professionals at Flat Fee Tax Relief are always looking for advantages for our clients. If a prospective client calls us for advice on submitting an Offer in Compromise and they are eligible and qualified to settle with the IRS, we will enthusiastically support them moving forward.


Flat Fee Tax Relief has a 96% Offer in Compromise success rate. This doesn't happen by being lucky. Our success is due to being knowledgeable, thorough, and diligent. If someone isn't eligible and qualified to settle, we will tell that prospective client that an Offer in Compromise isn't in the cards for them. Flat Fee Tax Relief provides coast-to-coast IRS Help as we are located in Clearwater, Florida, and San Diego, California.

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