The last article in this series on dealing with the Collection Division addressed Installment Agreements — arrangements through which tax debts can be resolved by means of monthly payments. Some folks, however, owe so much that an installment agreement is not a practical solution. Interest and penalties can accrue so quickly that the liability actually increases, despite the… Read More »
One of the tasks most frequently faced in representing clients before the IRS Collection Division is negotiating an “installment agreement” — an arrangement under which the taxpayer makes monthly payments against the outstanding tax debt, free of the threat of levy and distraint action. Despite the Service’s imposition of a system of miserly national and local expense “standards”… Read More »
Let’s face it, we all hate to pay taxes. Filing our tax returns is often painful and time-consuming, not to mention expensive. Unfortunately, many people encounter some type of tax problem during their lifetime. Whether it is failing to file their taxes on time, not having the money to pay taxes that are owed, or failing to file… Read More »