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The Illinois ICB-2 form serves as a vital tool for taxpayers seeking to resolve disputes with the Illinois Department of Revenue regarding proposed assessments or claim denials. By utilizing this form, individuals or businesses can formally present an offer of disposition to the Informal Conference Board (ICB), aiming for a settlement that reflects the complexities of their tax situation. The ICB will consider such offers only when there is genuine uncertainty about the facts or the applicable law, and when resolving the matter would serve the best interests of the state. Importantly, this form is not intended for those seeking relief solely based on an inability to pay; instead, it is designed for negotiations centered around the merits of the tax dispute itself. The process begins with the identification of the taxpayer, including essential details such as names, addresses, and identification numbers. Following this, the taxpayer must specify the amount of their offer, outline any penalties involved, and identify issues they are willing to concede. A comprehensive explanation supporting the offer is also required, detailing the legal and factual basis for the proposed settlement. Finally, the form must be duly signed by the taxpayer or their authorized representative, ensuring that the ICB can proceed with evaluating the offer. By understanding the intricacies of the ICB-2 form, taxpayers can navigate this process more effectively, working toward a resolution that aligns with their interests and those of the state.
Things to Know About This Form
What is the purpose of the Illinois ICB-2 form?
The Illinois ICB-2 form is used to submit an offer of disposition to the Informal Conference Board (ICB) for settling a tax dispute with the Illinois Department of Revenue. This form is applicable when there is uncertainty regarding the facts or law related to a proposed assessment or claim denial. It is important to note that this form should not be used for offers based solely on the inability to pay.
Who should complete the ICB-2 form?
The form should be completed by the taxpayer, business, or organization involved in the tax dispute. This includes individuals who are authorized to act on behalf of the taxpayer, such as corporate officers or representatives with valid power of attorney.
What information is required on the ICB-2 form?
The form requires several key pieces of information, including the taxpayer's name, address, contact details, identification numbers (such as Social Security Number and Federal Employer Identification Number), and the audit ID or track number from the notice received. Additionally, the taxpayer must provide details about the offer amount, any penalties involved, and a thorough explanation of why the ICB should accept the offer.
How should the offer amount be specified?
The offer amount must be a specific net dollar amount. This amount is the total the taxpayer is willing to pay to settle the tax dispute. It is essential to provide a clear figure to facilitate the ICB's review process.
What happens after submitting the ICB-2 form?
After submission, the ICB will review the offer of disposition. The board may accept, reject, or counter the offer. The taxpayer will receive written notification regarding the ICB's decision. It is important to be aware that statements made in the form are considered part of good faith negotiations and will not be used against the taxpayer in future proceedings.
Can additional documentation be attached to the ICB-2 form?
Yes, taxpayers may attach additional sheets of paper if more space is needed to provide information about the issues being conceded or to explain the reasons for the offer. This can help clarify the taxpayer's position and support their request for disposition.
What should be done if assistance is needed with the form?
If assistance is required in completing the ICB-2 form or if there are any questions, taxpayers can call the ICB at 312-814-1722. Additional information about the ICB and relevant regulations can also be found on the Illinois Department of Revenue's website.
Where should the completed ICB-2 form be sent?
The completed form should be sent to the Informal Conference Board at the Illinois Department of Revenue, located at 100 W. Randolph, #7-341, Chicago, IL 60601. Ensure that the form is properly signed and dated before submission to avoid delays in processing.
Key takeaways
When dealing with the Illinois ICB-2 form, there are several important points to keep in mind:
- Purpose of the Form: Use the ICB-2 form to make an offer to settle a tax dispute with the Illinois Department of Revenue. This applies to situations involving proposed assessments or claim denials.
- Eligibility: Only submit this form if there is genuine uncertainty about the facts or law in your case. If your situation is purely about inability to pay, consider filing a petition with the Board of Appeals instead.
- Clear Identification: Fill out your personal or business information accurately. This includes your name, address, and any relevant identification numbers, such as your Social Security Number or Federal Employer Identification Number.
- Offer Details: Clearly state the amount you are offering to settle the dispute. Specify any penalties involved and detail the issues you are conceding, along with the dollar amounts tied to each issue.
- Provide a Strong Explanation: Justify your offer by explaining why the ICB should accept it. Include any relevant facts, legal bases, or case law that support your position. Be thorough and attach additional sheets if needed.
Remember, the ICB will notify you in writing about their decision regarding your offer. Completing this form correctly can significantly impact the outcome of your tax dispute.
Common mistakes
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Incorrect Identification Information: Failing to provide accurate taxpayer identification details, such as name, address, or identification numbers, can lead to delays or rejection of the form.
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Missing Specific Offer Amount: Not specifying a clear net dollar amount for the offer can result in the ICB not considering the submission. The offer must be precise.
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Inadequate Explanation: Providing insufficient reasoning for why the ICB should accept the offer can weaken the case. A thorough explanation is essential, including relevant legal bases.
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Failure to Sign the Form: Omitting signatures from the taxpayer or their representative can lead to automatic rejection. Proper signatures are crucial for consideration.
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Not Conceding Issues: Neglecting to identify issues that the taxpayer is willing to concede can hinder the negotiation process. All issues must be clearly outlined.
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Ignoring Submission Instructions: Not following the specific submission guidelines, such as where to send the form or whether to include additional documentation, can lead to complications.
How to Fill Out Illinois Icb 2
Completing the Illinois ICB-2 form is an important step in resolving your tax dispute with the Illinois Department of Revenue. After filling out this form, you will submit it to the Informal Conference Board (ICB) for consideration. They will review your offer and make a decision regarding your request. Below are the detailed steps to help you fill out the form accurately.
- Identify yourself, your business, or your organization
- Write your name in the space provided for the taxpayer's name.
- Fill in your current address, including street address, city, state, and ZIP code.
- Provide your daytime phone number and fax number.
- If applicable, write the name of the contact person for your business or organization.
- Enter your Social Security Number (SSN) and Federal Employer Identification Number (FEIN).
- Include your Account ID and License number, if you have them.
- Write the audit ID or track number from the notice you received.
- If someone will represent you, fill in their name, daytime phone number, and fax number.
- Please provide the following information
- Write the specific net dollar amount of your offer to settle the tax dispute.
- List the type(s) of penalty you are addressing and the corresponding penalty amount.
- Identify all issues you are conceding, including the total dollar amount associated with each issue and the amount you are offering to settle each issue. Attach additional sheets if necessary.
- Provide a thorough explanation of why the ICB should accept your offer, including factual and legal bases. Attach additional sheets if needed.
- Taxpayer or taxpayer’s representative must sign below
- Sign and date the form, certifying your authority to execute the request on behalf of the taxpayer.
- If applicable, print your title and the date.
- If a representative is signing, ensure they are duly authorized under a valid power of attorney.
Once you have completed the form, submit it to the ICB. If you are not submitting it with Form ICB-1, send it to the address specified in the instructions. The ICB will review your offer and notify you of their decision in writing. Make sure to keep a copy of your submission for your records.
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