Archive for the ‘Expiration of the Collection Statute’ Category

Guide to Tax Resolution: Solving IRS Problems

Friday, January 4th, 2008

Continuing education courses for tax attorneys and CPA’s.
Tax resolution means providing solutions to businesses and individuals alike who find themselves in trouble with the IRS. This guide can help hundreds of individuals and business with their IRS Collection Problems. To resolve tax matters with the IRS, the IRS’ Offer in Compromise (OIC) program encourages delinquent taxpayers to settle their back taxes – often for pennies on the dollar. The
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Tags: Bankruptcy, Collection Appeals, delinquent tax returns, Expiration of Statutes, Freedom of Information Requests, Innocent Spouse, Installment, IRS Appeals, IRS audits, IRS Bank Levies, IRS Payment Plans, irs problems, Liens, Offer in Compromise, Payroll Tax Problems, Penalty Abatement, tax expert, tax help, wage garnishment
Posted in Discharging Taxes in Bankruptcy, Expiration of the Collection Statute, Innocent Spouse, Offers in Compromise, Penalty Abatement, eBook | No Comments »

Delayed IRS Collection and Currently Not Collectible Status

Saturday, December 29th, 2007

Delayed IRS Collection
IRS policy states that whenever the taxpayer raises a question or presents information creating reasonable doubt as to the correctness or validity of an assessment, “reasonable forbearance” will be exercised with respect to collection efforts as long as the interests of the government are not jeopardized.

This does not mean the taxpayer’s debt will be forgiven, or a tax lien will not be
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Tags: bank levy, collection statute expiration, delayed IRS collection, delinquent taxes, not collectible, reasonable doubt, reasonable forbearance, tax lien, tax liens, wage levy
Posted in Delayed IRS Collection and Currently Not Collectible St, Expiration of the Collection Statute, IRS Operating Divisions, Tax Liens and Levies | 2 Comments »

Tax Resolution Options and Alternatives

Friday, December 28th, 2007

WHICH IRS TAX SOLUTION OPTION IS BEST? ALTERNATIVES TO AN OFFER IN COMPROMISE

This is a key question which must be addressed. Left to only the IRS or the taxpayer, this question is usually not fully or adequately explored.
There are 10 options commonly employed to resolve a tax collection matter (see full explanations below):

Full pay the tax owed
File unfiled returns to replace Substitute for Returns
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Tags: Discharging Taxes in Bankruptcy, Innocent Spouse, Installment Agreement, Offer in Compromise, payment plans, Penalty Abatement, tax expert, tax help, tax resolution
Posted in Discharging Taxes in Bankruptcy, Expiration of the Collection Statute, IRS Installment Agreements, Innocent Spouse, Offers in Compromise, Penalty Abatement, Tax Resolution Options and Alternatives | No Comments »