Probably no one but me noticed the new IRS video on Audits. The well-funded production includes actors playing IRS agents and taxpayer in sample scenes from an audit. It was actually very well-produced but suggests your duty to cooperate extends to any request they desire. This is simply not true. The video is very misleading […]
Issues with IRS Procedures
The IRS and you must follow specific procedures for filing, auditing, assessment and collection of Federal Income Taxes. Here are a series of articles addressing various procedures and what to do.
Responding to IRS Math Error Notices
When the IRS documents differ from what you placed on the return, they will send you any one of the many notices sent by the IRS for a “Return Error” or “Math Error”. Essentially, you will have to investigate to resolve this problem. Often, the notice will have a list of items the IRS says […]
Implications of Claiming Innocent Spouse
When you receive a bill from the IRS or they take your refund it might be tempting to immediately file a claim that you are an Innocent Spouse and not responsible for the tax. However, before you do, you should do some investigation and research. First, assess the situation. Do you get along with your […]
With Friends Like the IRS, Who Needs Enemies?
At various times your “friends” at the IRS will send you notices attempting to get information or to promote some benefit that may apply to you. But, you should slow down & explore your options before you act. Unclaimed Money The IRS might ask for returns with the allure of unclaimed money in your IRS […]
Proving a Financial Hardship
Essentially, you will prove your financial hardship with the documentation which supports the entries you provide on the Form 433A which the IRS will request of you. This information can be used for a Penalty Abatement Request, to prove Uncollectible Status or to induce acceptance of an Offer in Compromise. For starters, you must diligently […]
