Archive for the ‘Statutes of Limitations – Taxpayer’s rights’ Category
Wednesday, November 11th, 2009
Many taxpayers are not aware of the Statue of Limitations that the IRS must abide by when collecting taxes. The date of your initial IRS assessment marks the beginning of your ten-year Statue of Limitations with the IRS. This statue allows taxpayers to be freed from their entire outstanding back taxes debt obligations if the IRS fails to collect all of the remaining debt by the end of the ten
Tags: Back Taxes, dissolve your IRS tax debt, expiration of statue of limitations, IRS tax debt, statue of limitations, tax attorney, tax help, tax resolution
Posted in Back Taxes, Seeking Professional Tax Help, Statutes of Limitations – Taxpayer’s rights | No Comments »
Wednesday, July 15th, 2009
Tax problems can get confusing and overwhelming. As a tax resolution specialist, I help individuals and businesses resolve their IRS debt and tax problems every day - and I can help you get the help you need to get the IRS off your back!
Got tax questions? Send your questions about tax audits, wage garnishments, IRS bank levies, payroll tax problems, or income tax relief in general to advice@taxresolution.com with “Ask
Tags: Free Tax Consultation, i need tax help, IRS debt, IRS help, irs problems, IRS property liens, lien renewal, Michael Rozbruch, Record of Account, statue of limitations, tax attorney, tax lawyer, tax liens, tax resolution expert, tax resolution services, Tax Tips, Tax Transcript
Posted in Ask the Expert, Statutes of Limitations – Taxpayer’s rights, Tax Liens and Levies | No Comments »
Tuesday, June 30th, 2009
A recent report released by Treasury Inspector General for Tax Administration (TIGTA) found that taxpayers may be getting their statutory rights violated by the IRS’s improper adherence to tax lien notification requirements. The report released on June 25 revealed that the IRS failed to take the necessary actions when notifying taxpayers and their tax representatives of liens. Procedurally, the IRS is required to mail written notification of the lien to
Tags: financial well-being, IRS audit, IRS debt, IRS help, IRS tax problems, lien notification, Michael Rozbruch, statutory rights, tax attorney, tax audit, tax expert, tax lien, tax relief, tax representation, tax resolution, tax settlement, Tax Tips, TIGTA
Posted in Seeking Professional Tax Help, Statutes of Limitations – Taxpayer’s rights, Tax Liens and Levies, tax help | No Comments »
Tuesday, June 9th, 2009
The IRS is the worst institution for taxpayers to owe money to. And no one should take comfort in knowing that the IRS clerks working for $9.75-$10.25 an hour have people’s financial fates in their hands, and by them flipping a switch, can generate a tax lien notice or a levy notice to any bank or employer. When I was on the LA Talk Radio show with TJ McCormack
Tags: Freedom of Information Act, income tax relief, Installment Agreement, ira payment plan, IRS, IRS debt relief, Offer in Compromise, statue of limitations, tax debt, tax help, tax lien, tax resolution
Posted in Freedom of Information Requests, Offers in Compromise, Statutes of Limitations – Taxpayer’s rights, Tax Debt Help News, Tax Relief News, Taxpayer Rights, tax help | 2 Comments »
Friday, January 4th, 2008
Abatement A partial or complete cancellation of taxes, penalties or interest owed by a taxpayer.
ACS See Automated Collection System.
Automated collection System (ACS) A computerized collection process for IRS collectors to contact delinquent taxpayers by telephone and mail.
Collateral Agreement An agreement sometimes secured by the IRS prior to acceptance of an Offer in Compromise when the IRS wants to cover a future, reasonably possible event, such as a
Tags: collateral agreement, current market value, currently not collectible, delinquent return, future income, IRS penalties, Jeopardy Assessment, levies, Liens, liquidation value, Notice of Deficiency, Offer in Compromise, Penalty Abatement, Statute of Limitation, wage garnishment
Posted in Delayed IRS Collection and Currently Not Collectible St, Freedom of Information Requests, Offers in Compromise, Penalty Abatement, Statutes of Limitations – Taxpayer’s rights, Tax Help Definitions, Tax Liens and Levies, Taxpayer Advocate | 2 Comments »
Saturday, December 29th, 2007
Statutes of Limitations – Taxpayer’s rights
Two perspectives-
From the government’s perspective, the statute of limitations restricts the taxpayer’s rights follows:
Claim a refund of overpaid tax
Initiate action to obtain a refund
From the taxpayer’s perspective, the statute of limitations restricts the IRS’s rights as follows:
From collecting a deficiency in tax
Asserting a civil or criminal case
In either case, the statute of limitations provides a date of finality after which actions may not be
Tags: statute of limitations, substitute for a return, tax help
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