October 17, 2012 – Tax Debt Advisors

First, an Offer in Compromise (OIC) is not a legal matter with the IRS and you don’t need to be represented by an Arizona IRS Tax Attorney.

One must “qualify” in order to petition the IRS to accept a payment for less than they owe. This applies to the tax owed and the penalties and interest that have been added. The IRS must be convinced that a taxpayer owes more than they could pay back in a reasonable period. Most IRS tax advisors use the term, “ever pay back,” but that is not true. Some clients of Scott Allen E.A. have been approved for an OIC and years later could have paid back the full amount as their financial situation greatly improved.

Scott Allen E.A has expertise in the IRS OIC program. The IRS will base an acceptable OIC when there is doubt as to collectability, doubt as to liability, or in cases deemed “Hardship.” OIC can be filed for individuals, married couples, and individuals from a divorce that created the tax liability.

The IRS instituted the OIC program to collect as quickly as possible the highest amount available at the lowest cost to the U. S. government. The second purpose is to allow taxpayers to resolve their indebtedness and begin paying taxes in the future when due. It is critical that you use an expert in IRS resolutions as they apply to the OIC program. Offers can take several months to get a determination and filing an offer that will ultimately not be accepted is a big mistake as interest and penalties will continue to add to the debt and there will be an extension of time added to the statute of limitations for the IRS to collect the debt.

Call Scott Allen E.A. for a free consultation to determine if an OIC is your best option. Many times it is not the best option. Scott can be reached at 480-926-9300.

– Scott Allen – info@taxdebtadvisors.com

Sometimes we suffer melancholy and despair over the transient nature of life. Under the best conditions, life is unpredictable and uncertain. Perhaps we should consider if the opposite might be worse. I love the philosophy contained in early Chinese and Japanese poetry. One poem by Yoshida Kenko beautifully describes this thought. Kenko was a 14th century Japanese Buddhist monk, and he wrote a book called, Essays of Idleness. Here is one passage.

If man were never to fade away like the dews of Adashino, never to vanish like the smoke over Toribeyama, but lingered on forever in this world, how things would lose their power to move us! The most precious thing in life is its uncertainty.

Let me share one possible interpretation of this passage in my life and you can experiment doing the same with events that trouble you, including having a serious AZ IRS problem.

My wife and I recently became empty nesters. We have six wonderful children who exceeded our expectations in almost every way. Yet one by one they all moved out of the house and are now on their own. Quickly a flood of melancholy replaced their absence. Then I considered how I would be if that event never happened.

I can’t imagine changing diapers, going to Cub Scout meetings, piano recitals, and Open House nights at school for the rest of eternity. It is the very fact that these events have an ending that make them endurable as well as special. I remind myself when I long to have those moments back, that that is God’s way of reminding me that what I had was good. If those moments were unpleasant, there would be no longings. Dr. Seuss said, “Don’t cry because it’s over, smile because it happened.”

So how does all this relate to having a serious Arizona IRS problem? Sometimes we allow what we interpret an event as a major crisis when that is really just the way life is. If you have a matter with the IRS you need a professional with IRS expertise. Call Scott Allen E.A. and allow him to give you a free consultation. He will put your mind at ease so that you can enjoy your present. Scott has been trained to use the best option for you. He doesn’t take IRS cases unless it benefits you. Scott Allen E.A. can be reached at 480-926-9300. There are many things in life that are uncertain. Don’t let your IRS problem be one of them. Call Scott Allen E.A. today. And when you come across events in life that are uncertain or transitory, may I suggest reading this poem by Yoshida Kenko.

Thank you.

Print off this blog and bring it with you at the initial consultation and receive $50.00 off any IRS resolution work we do. One blog offer per client.

– Scott Allen – info@taxdebtadvisors.com

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How Early Japanese Poetry Can Help You Endure Your Arizona IRS Problems?