An Audit Reconsideration is a wise option if you cannot fight the IRS in Tax Court. Here are the tips, tactics & strategies of an Tax Attorney to win against the IRS!
Reducing IRS debt
Tax Attorney tricks to reduce your IRS bill are explored in the following general articles:
Dangers of making an Offer in Compromise to the IRS
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 […]
Steps to secure an installment agreement with the IRS
Payment with No Agreement There are some advantages to simply paying the IRS without a payment agreement, i.e, “Voluntary Payment”. For one, you can designate which year to apply the payments. This is helpful if you owe for multiple years & need to favor a particular year. But, the IRS will keep pestering you […]
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. […]
Process of an Offer in Compromise
There are 2 reasons you can make an Offer in Compromise: Doubt as to Collectibility & Doubt as to Liability, or both. To start the process of an Offer in Compromise for Doubt as to Collectibility you must complete Form 656, which is included in the Form 656-B booklet. To start the process of an […]
