Here are some questions that people have asked. Hope they help. Do you know someone having problems with the IRS? Are you? Contact me to discuss your case. Complete the questionnaire, and submit it for evaluation. Don’t wait. Take action today so you can relax tomorrow. Click on a topic for more information.
The IRS credentials individuals to represent taxpayers. A person has to take a rigorous, comprehensive, test that covers individual and business tax returns, ethics, and practice areas. The EA can get credentialed by experience as a former IRS employee. Mostly Revenue Officers and Revenue Agent experience is required. An EA has to adhere to strict ethical standards and complete annual continuing education.
Like CPAs and attorneys, an EA is not limited as to which taxpayers they can represent. However, a former employee has some restrictions based on their role as an EA and if the taxpayer was in a Revenue Officer’s case load. The rules are in Treasury Department Circular 230.
EAs are the only practitioners that are federally licensed, who specialize in taxation, to represent taxpayers. As one Enrolled Agent explained it, “We are America’s tax experts”.
CPAs, accountants, and attorneys are generally more expensive. However, I want to point out that there could be situations where you would want a tax attorney or CPA to represent you. Contact me to discuss it.
The only guarantee is that I will represent you with integrity and to the fullest of my ability. I can not guarantee an outcome because each case is different and there are factors beyond my control.
Time is of the essence in getting levies released. You need to contact a tax professional immediately when you receive any notice. The Final Notice of Levy (NFTL) L-1058 has a 45 day time limit. There has been about three notices before this and it been at least a year since the first one. If action is not taken immediately, a levy could start to impact income, money in bank accounts, and possible other assets. Let me help protect account receivables, wages, etc. that are used to pay current and necessary living expenses. We might be able to show a hardship if these types of funds are seized. It might be possible to slow down, if not stop, the issuance of a levy. Contact me immediately.
An installment agreement (IA) may be the option for resolution that works best. There are different procedures to obtain an IA depending on amount you owe and if an individual or business. A balance of $10,000 or less is guaranteed acceptance if the payment will pay it off. Other amounts owed will need to be reviewed. Usually Form 433-F will need to be completed. If your case is with a revenue officer, you will need to complete Form 433-A or Form 433-B. Contact me for review.
There are procedures in place to allow tax debt to be reported as CNC. A financial review is necessary to determine the best resolution. If your case is placed in not collectible status, the IRS will keep any future tax refunds and will be reviewed every two years. It can be reversed if your income exceeds a limit that is set when you are granted a CNC.
This is the date that the IRS basically writes off the liability. Generally, it is 10 years from the date the balance due is posted to your account. There are actions that will extend that date. I do a complete review of your case to include CSED determination. Contact me for a review.
This is a public notice that you have a tax liability. It is filed with the Secretary of State, County Recorder, or the office that records deeds and other legal documents. They are very rarely released. But, there are a few exceptions. You just have to jump through several hoops. There are options to withdraw, subordinate, or discharge the NFTL. Do you qualify? Contact me immediately.
If you are a business owner or work in a business where you are responsible for employment taxes, you could be held personally responsible for unpaid employment taxes. A business with employees files Form 941 – Employer’s Quarterly Employment Tax Return. When these are not filed or not paid, the IRS can assess that tax to you. This could have been done in error and I can file an appeal to get it removed. This is not an easy resolution. Contact me to determine what can be done.
Every resolution requires all tax returns be filed. I can help with that. If it is a complex tax return, corporate return, or for a partnership I might have to refer you to a local CPA/Accounting firm. My recommendation, other than individual tax returns (Schedules 1, 2, 3, C, D, A), get your current tax preparer to get them done.
Abatement of penalties (failure to file, failure to pay, etc) is possible. Contact me for a full investigation of your liability. There are several requirements for abatement.
Form 941 and Form 940 are the forms necessary for employment taxes. As a Revenue Officer, these are the issues I dealt with most. See the section on TFRP. I can assist with getting you current. That is the basis for any resolution. Contact me to a review of your case.
Did you know that the IRS can file a tax return on your behalf? Individual, employment, and others are under this provision. They use income documents sent by employers and others for the individual SFR. For the Form 941 employment tax return (62020(b)), they take the last filed tax period, add 2.5% to the wages and the tax withheld is calculated at 20%. So, you can see it gets expensive to let the IRS do it. Contact me to determine what can be done. You are allowed to prepare a current tax return.
This is an appeal process. You have the right to appeal a proposed levy (L-1058 Final Notice of Intent to Levy) and the filing of a Notice of Federal Tax Lien. Call me immediately upon receipt of receiving a notice from the IRS. There are time limits that have to be met for these appeals to be successful.
There are other appeal rights even if the CDP deadline was missed. This mostly applies to a rejection to a request for an installment agreement. Call me to determine if this would apply to you.
It might be possible to settle with the IRS for less than what you owe. You’ve heard the ads on late night TV and radio. Don’t be fooled, if you have any assets, they have to be considered in the amount you offer. There is an application fee that has to be sent with the application package. Your financial situation will determine if it is a resolution to pursue. It can take a minimum of six months and is one of the hardest resolution to get.
There is a pre-qualifier on the IRS web site. Click the LINK to go through it.
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