PREP STEPS FOR TIME EXTENSION
- Gather your Tax Return, if it's been filed and available.
- Collect any IRS notices to you.
- Contact Mr. Hopkins in Denver or in Colorado Springs to set a Consultation.
- Bring all documents with you to the Attorney appointment. See you there!
Your Tax Attorney Consultation will be most productive & inexpensive if you call the IRS at 1-800-829-1040 & request your Account Transcripts & your Wage & Income Transcripts.* (More Info)
You may need an extension to respond to the IRS so you can get your documents together or for other reasons. Whether IRS will agree to an extension is another matter. It often depends upon which division within the IRS you are making the request & what IRS procedure you have against you.
If you have received a Math Error letter you can call the IRS number shown on the letter & request an extension. You must tell them why you need an extension & demonstrate to them what you are doing to respond as quickly as possible.
If you don't ultimately respond timely & correctly the IRS will simply process the case & send you a Notice of Adjustment.
You must give the IRS exactly your facts & evidence so they accept your return without question. Now is the time to make your arguments & show your correctly organized case. An attorney can be valuable guidance.
Extensions you request: If you are in an IRS Audit the agent will expect compliance. They do grant short extensions but are not willing to wait too long. Tell the agent why you need an extension and how long it will take for you to comply. They will allow you time to seek legal advice.
Extensions the IRS requests of you: Given that the IRS often audits several years simultaneously, they frequently have less time remaining on the statute of limitations in older years than in more recent years. Therefore, they will ask you to sign a Form 872 for income taxes or a Form SS-10 for employment taxes. They even have Publication 1035 which explains their point of view on the matter.
However, we usually do not grant extensions of time to the IRS. Since their only option is to deny all deductions and send a 90-day letter, we feel it is best to force them to reveal the most important issues and then we can pursue the case in Tax Court, a much better forum.
If you have IRS Collection troubles, it depends on which IRS office is involved & what process is being used. If you have only received a bill from the IRS you can call them. They will either set up a payment agreement or set deadlines for you to comply to financial requests.
But they really don't have any enforcement power against you until a Notice of Intent to Levy is issued. After that, extensions are more difficult to obtain.
If a local IRS revenue officer is involved, the case is more serious & you should consider hiring a tax lawyer. Nevertheless, they will expect strict compliance & will issue levies if you don't comply.
Plus, they might issue you a Summons and refer it to US District Court for a contempt warrant if you don't comply.
You may be tempted or advised to pursue an Appeal, such as the Collection Due Process Appeal to gain extra time. Be careful, because those types of Appeals enlarge the statute of limitations.
Each situation and each agent is different so it's best to request an extension & then get some legal advice from the TaxHelpLaw attorney before going to speak with the IRS.
We'll prepare an Action Plan for you that's specific to your needs & circumstances.
*Wage & Income Transcripts are computer-generated IRS records about you from your job, your bank, your mortgage company, etc. Your Account Transcripts show the details of your IRS account. If you are too nervous about calling the IRS just bring what you can and come in. If you call, the IRS may be stern but don't worry, you need your Wage & Income Transcripts & your Account Transcripts. Tell them you are not yet ready to talk and need the documents to get legal advice. Don't Argue!!