IRS Law Blog

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...

You don’t want the IRS to levy your bank account. 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...

There are many pros and cons to deciding whether an offer in compromise is the right next-step in resolving your IRS debt. One thing is for sure:  An OIC is not a one-size-fits-all affair.  There...

Your business owes the IRS employment taxes, and an IRS Revenue Officer has just called you and requested that you come down to his office for a meeting to discuss the debt. Chances are, the...

It makes sense on the surface:  You are unemployed, owe the IRS money, and are considering an offer in compromise to settle your tax debt. Before you jump in, it is important to know that...

If you owe the IRS money, chances are they are going to want a collection information statement like Form 433F or 433A from you to determine how they can be repaid. The IRS does not...

If you money to the IRS, you have taxpayer rights. Your rights are in the the Internal Revenue Code, which has laws that limit the power of the IRS collection division to collect, levy and destroy....

An offer in compromise is certainly appealing – forgiveness of your tax debt, tax liens released, freedom to use bank accounts and earn wages – all without looking over your shoulder for the IRS. But...

You are finally on good terms with the IRS – you agreed to a monthly payment plan, and have been filing and paying your taxes on time, as you are required to do. With that,...

When the IRS levies your wages or accounts, it is usually to get your attention. There is something the IRS wants that you have not provided – it could be a financial statement, estimated tax...

When all of your efforts at resolution with the IRS have failed, and your frustrations have reached a boiling point, intervention from the IRS Taxpayer Advocate can help. The IRS Taxpayer Advocate Service is just...

If you have a tax dispute with the IRS, expect negotiations to be different than what you may be accustomed to. In most negotiations, both sides have something at stake, something to gain and lose....

It is possible to get an IRS installment agreement to repay your taxes without ever disclosing where you work, what car you drive, what your house is worth, or even what you can actually pay....

You have tried and failed at settling your tax debt with the IRS – your offer in compromise was rejected – and are now considering bankruptcy for relief from the taxman. But before you jump...

A certified mail slip comes in the mail, with a notation a letter awaits from you from the IRS, likely from the IRS Automated Collection Service. Or maybe an IRS Revenue Officer makes an unannounced...

Owing just credit cards or just the IRS is a heavy load. But what if you are strugglng with credit card debt and have fallen behind on your taxes, and are understandably sinking under their...

The average amount of an IRS settlement in an offer in compromise is $6,629.  Sounds good, doesn’t it? If only it was that easy – everyone would be doing it, right? The reality is that...