You may remember my article last year, “IRS Tries Private Debt Collectors … Again“, where I predicted three times would not be a charm. Yes, the idea has failed not once, not twice, but thrice.
The IRS Returns to Florida
They’re baaaack. After 4 1/2 months of no activity, the IRS will be back in Florida on February 1. None of the Revenue Officers (who are the collectors) or the Revenue Agents (who are the auditors) physically left the state, but they have been quiet.
Owe the IRS Money and Can’t Make Payments?
One of my favorite tax problem solutions is to have the IRS declare my client Currently Not Collectible (CNC). This is for citizens who cannot make even the smallest payments on their outstanding debts. Maybe they are out of work, short or long term, or maybe they just do not make enough income to pay all of their expenses. If this is the case, CNC status is often the answer.
What Do Those IRS Certified Letters Mean?
The IRS will not make first contact with you by telephone. Only scammers call.
The IRS does not use email. Only scammers use email.
The IRS generally does not knock on the door. They do not have the manpower.
Should You File Your Tax Return If You Can’t Pay Your Bill?
It is April and your tax return is done. On the bottom of the second page it says that you owe money. The amount is more than you can pay so you decide not to file it. Bad move.
IRS To Use Private Debt Collection Agencies
It did not work the first time in 1996. It did not work the second time in 2006. Both times the IRS lost money. Three times a charm?
Installment Agreements Can Be The Best Solution
When you owe the IRS money, the first letter you get requests full payment. Every additional letter, telephone call, and personal meeting begins with the same demand. Sometimes taxpayers can write the check, but more times than not, there is no ability to pay the debt immediately.
Should You File Your Tax Return If You Can’t Pay Your Bill?
It is April and your tax return is done. On the bottom of the second page it says that you owe money. The amount is more than you can pay so you decide not to file it. Bad move.
Why Taxpayers Should Never Talk to the IRS!!
“Before I get help for my IRS problem, I’m going to go speak personally to the IRS officer or agent. Once they hear what I have to say, I am sure they will understand.” Some people who receive a notice from the IRS think that this is a great strategy because after all, what could go wrong? The answer is EVERYTHING.
Teaching Boot Camps and Having a Blast
Earlier this year I was asked by the American Society of Tax Problem Solvers to teach two day IRS Tax Resolution Boot Camps around the country. The attendees are attorneys, CPAs and enrolled agents. Some of them have experience in this field, but the majority have never handled an IRS Collections case.
The IRS has 10 Years to Collect, But …
When I obtain transcripts from the IRS for my clients I always look for the day the tax was assessed because the IRS only has 10 years to collect the debt. However, there are some events that can occur over that period of time that stops the Statute of Limitations temporarily. They include offers in compromise, collection due process hearings, requests for installment agreements, and bankruptcies.
Are You Going To Get Audited By The IRS?
The short answer is “probably not.” Less than 1% of tax returns are audited. Generally, there is a reason for the ones that get chosen. When the IRS receives a tax return, they score it. This identifies the tax returns where the numbers are outside the average from someone whose work is similar to the taxpayer.
The Truth About Offers In Compromise
In the real world, people and businesses settle for less all the time. So when they come to me with a tax problem, they want to know if they can make a deal with the IRS.
The Top 10 Most Litigated Tax Issues That Require A Tax Litigation Lawyer
If you receive notice from the IRS about income tax issues, it will likely be for one of the following 10 litigated IRS tax issues. Learn what each of these really means and how a tax attorney can protect you:
Tax Identity Theft: What You Need To Know
Tax-related identity theft has impacted more than 1 million federal taxpayers to date, according to a recent USA Today article. While the same article writes that incidents of identity theft related to fraudulent tax returns has decreased in the past year, IRS Commissioner John Koskinen recently testified that the nature of tax identity theft has shifted: Once committed by individuals, he says tax identity theft now involves sophisticated crime syndicates who hack internal online systems to gain personal taxpayer information.
Settling Your IRS Tax Debt
Learning that you have tax debt can be unwelcome financial news, especially if you didn’t account for additional tax payments in your budget.
Though you’re legally obligated to settle back taxes that are legitimately owed, there are cost-effective payment methods you can use to settle IRS tax debt. Here are some of the most popular payment options to consider for tax debt relief, and the pros and cons of each.
How to Deal With An IRS Audit
Being the subject of any tax audit can be stressful, but the intensity magnifies when an audit involves the Internal Revenue Service. Here are a few tips to help you … Read more
Different Statutes of Collection
Jeffrey: Hi. I’m Jeffrey Schneider, and I’m an enrolled agent, and this is We Got Your Back…Taxes. Today we have Steven Klitzner. He’s an attorney who specializes in what we … Read more
Top IRS Audit Triggers for Small Businesses
An IRS audit: few things strike as much terror in the hearts of small business owners than this simple phrase. You try to do your taxes accurately and on time, … Read more
Top Reasons For IRS Tax Audits
Below is an illustration explain IRS tax audits. There is a certain percentage of people every year that is going to be audited. Certain triggers can cause it to be … Read more
Steven N. Klitzner, P.A. is a tax attorney based in Miami, Florida. He has been practicing tax law for over 40 years, and currently holds a 10.0 rating by Avvo. Mr. Klitzner was appointed to the IRS Service Advisory Council in 2021 and is... 
