Inform the taxpayer of the balance due with penalties and interest figured to the payoff date,. Explain to them that you need a payoff statement so you can have this debt paid off within your refinance.The IRS is willing to work with eligible consumers who've fallen behind on their taxes. Learn how to settle your IRS tax debt with an offer in compromise. Also, read about what you may need for mortgage assistance. Popular forms, instructions and publications. What happens in a standard mortgagefinanced purchase of real estate? Simply fill out the Escrow Account Set Up Request Form. Mortgage Revenue Bond: A qualified mortgage revenue bond as defined in the Internal Revenue Code of 1986.