You have undoubtedly heard TV advertisements promising to “compromise” “settle” or “negotiate” your IRS debt & you are given the impression that the result is guaranteed to be in your favor. If you will notice, these ads rarely come from Attorneys because Attorneys have a duty of honesty and advocacy for your interests. Many of […]
How to discharge taxes with Bankruptcy
There are 2 types of bankruptcy generally available for most taxpayers: Chapter 7 & Chapter 13. To discharge taxes with a Chapter 7 bankruptcy you must have timely filed the returns. And the tax must be greater than 3 years old and was assessed more than 2 years prior to the filing of the bankruptcy. […]
Powers of IRS Revenue Officers
When the IRS audits you they send an IRS Agent to investigate. When you owe taxes, the IRS sends a Revenue Officer to collect. This article deals with IRS tax debts and the powers of IRS Revenue Officers. Before they contact you about your file, the IRS Revenue Officer has already done an extensive background […]
Why won’t the IRS help me?
Dealing with the IRS is made more frustrating by the complete lack of help you will receive from the IRS employees. The publications they print are hard-to-follow and offer no guidance. Any letter you receive from them is packed with methods to pay but little advice on how to fight. The reason for this is […]
10th Circuit Banshee Assaults Late-filed Returns
The 10th Circuit Court of Appeals just dismantled bankruptcy law for late-filed returns. When you don’t prepare your own return and the IRS has evidence that you owe taxes they can assess the tax against you without your agreement under 26 USC § 6020(b). This assessment is called a “Substitute for Return” (SFR). But, this is […]
