An IRS collection agent throws a word or phrase your way, and you have no idea what he is talking about. As they say, it is all Greek to you. And too much is at...
Read PostCategory: Automated Collection Service, Collection Financial Standards, Currently Not Collectible, Form 433A, Form 433B, IRS Financial Statements, Offer in compromise, Revenue Officers, Statute of limitations on collections
The IRS audited your tax return, got it wrong, and now they are sending you bills to collect a tax that you do not owe. Maybe the IRS didn’t have your correct address, and you never...
Read PostCategory: IRS Audits, Substitute returns, Unfiled returns
You have come to know your IRS Revenue Officer as difficult, unyielding, and, of course, aggressive. You believe that the Revenue Officer has one job, and that is to make your life difficult. The truth...
Read PostCategory: Revenue Officers
Do you disagree with the IRS, and are becoming frustrated because no one is listening? Maybe you are under audit, and the IRS Revenue Agent is being difficult, taking unreasonable positions, or proposing changes to...
Read PostCategory: Automated Collection Service, IRS Appeals, IRS Audits, Revenue Officers
I always try to teach my kids the difference between needs and wants. You need to eat dinner; you want to eat at Chipotle. The same applies to an IRS offer in compromise. You need...
Read PostCategory: Currently Not Collectible, Installment agreements, Offer in compromise, Statute of limitations on collections, Uncollectible
My grandmother used to have saying about people, always telling me “It’s what inside that counts.” It was her way of telling young Howie to not to judge a book by its cover, that looks...
Read PostCategory: Automated Collection Service, IRS collection notices, IRS levies and property seizures, IRS Seizures, Revenue Officers
You worked your whole life to get to this point, a business that belongs to you, making your own decisions, working your trade and sharing expertise. But then things suddenly got a little out of...
Read PostCategory: IRS Collection Problems, IRS levies and property seizures, IRS Seizures, Property Exempt from Collection, Revenue Officers, Unfiled returns
You know you owed money to the IRS, but things have been quiet for years. You now want to know where you stand. But you don’t want to wake the sleeping giant to find out....
Read PostCategory: Automated Collection Service, Bankruptcy and the IRS, IRS Collection Problems, Statute of limitations on collections
Without warning, it appears in the mail: An IRS notice (CP 522P) informing you that they want to conduct a review your installment agreement. And even worse, the notice threatens that the IRS will terminate...
Read PostCategory: Installment agreements, IRS Financial Statements
You may not realize it, but most every effort the IRS will make to collect a tax debt from you will be done without suing you. For example, no court filings or lawsuits are necessary...
Read PostCategory: IRS Seizures, Revenue Officers, Statute of limitations on collections
You went to the the mailbox – a day just like any other day, and there it was: A letter from the IRS stating that your taxes have been selected for audit. The letter provides...
Read PostCategory: IRS Audits
The plan was to retire, payoff your house, maybe travel, devote more time to hobbies, and spend time with the family. Then some mistakes were made in paying your taxes – maybe from a business...
Read PostCategory: IRS levies and property seizures, IRS Seizures, Retirement accounts and the IRS
How long will your IRS payment plan last? All is quiet between you and the IRS – you have a payment plan, and the IRS is will not be knocking on your door because your...
Read PostCategory: Installment agreements, Statute of limitations on collections
Owing the IRS is nerve-wracking enough without having to worry about losing your house to the tax man. But are your concerns about losing the roof over your head based on reality? Are you really...
Read PostCategory: IRS collection notices, IRS levies and property seizures, IRS Seizures, Revenue Officers
You negotiated a monthly payment plan with the IRS, and all was going well – you were making you payments on time, and staying current with your taxes. But you ran into some short-term trouble...
Read PostCategory: Installment agreements, IRS levies and property seizures
We live in tax system based on voluntary compliance, which includes self-reporting all of our income to the IRS on our tax return, and claiming only the tax deductions that we are entitled to by...
Read PostCategory: IRS Audits
It’s what keeps you going from month to month – your wages, and the money in your bank account. You need it to pay your bills, provide for your family, keep a roof over your...
Read PostCategory: Automated Collection Service, IRS levies and property seizures, IRS Seizures, Revenue Officers, Substitute returns, Unfiled returns