You have patiently waited for your IRS collection statute expiration date to arrive. But you anxiously wonder: As the collection comes closer to an end, will the IRS rear its ugly head and become aggressive? After all, the IRS isn't just going to sit quietly and let your tax debt simply disappear without a fight. They are going to want to make a last-minute push to see what they can get, right? Fortunately, the beast should not awaken and disturb you. Here's why your collection end date should pass with barely a whimper from the IRS: If you are in an installment agreement, ... Read More
IRS wants to interview you: Should you record it?
You owe the IRS back taxes, and a local Revenue Officer is coming after you to collect. Or maybe you received a letter from an IRS auditor stating that they are examining your tax return. Either way, the IRS is looking into your affairs. And as part of their investigation, you are asked you to appear at their office for an interview. Your mind begins to overload. What will they ask you and what will you say? What if you talk, and from the stress of the moment make mistakes in your answers, and then cannot remember the conversation? How do you ensure what was said is ... Read More
Why is my Revenue Officer not returning calls or responding?
An IRS Revenue Officer came knocking on your door, leaving a card, and a request that you call. Or maybe the Revenue Officer sent you an introductory letter threatening your wages and bank accounts if you did not respond. Either way, it is clear the Revenue Officer means business. They are the highest powered IRS collection agents, and are assigned cases the IRS has determined are worthy of attention. You do the right thing, and call the Revenue Officer back. But you have not received a return call. Or maybe the Revenue Officer demands a meeting, and you go, and answer all of their ... Read More
Warning signs: Is an IRS Revenue Officer about to contact you?
Surprises can be fun - birthdays, anniversaries, maybe even one in a scary movie. But one surprise that you don't want is an unannounced visit from an IRS Revenue Officer. That can make you feel like a scary movie is coming to life. A Revenue Officer can take your house, levy your wages, clean out your bank account, and even take your business equipment. You may feel like confronting Freddy Krueger is a better option. If you owe money to the IRS, Revenue Officers have more power than any other IRS employee. An IRS decision to send a Revenue Officer to you is not random, but ... Read More
How to avoid IRS Form 433A financial disclosures
A local IRS collection agent, known as a Revenue Officer, has contacted you, possibly with a surprise visit to your home or work. The Revenue Officer has been assigned your IRS debt for collection, and is about to launch a full investigation into your finances. Or, maybe you are getting up the nerve to give the IRS Automated Collection Service a call, prepared to discuss your debt and make payment arrangements. Either way, at the core, the IRS wants to know how they can get paid. They will want the following information: Where you bank, and how much is in the account. Name of ... Read More