Written by Scott Allen

What do I do when I get a Scottsdale Arizona IRS Notice of Deficiency?

Scottsdale Arizona IRS Notice of Deficiency

This is not a matter to treat lightly.  But you need professional help from Tax Debt Advisors Inc. near Scottsdale Arizona.  This is probably from a tax debt calculated from tax return(s) prepared by the IRS called substitute for returns.  When you file a correct return, nine times out of ten your tax liability will be lowered.  A Scottsdale Arizona IRS Notice of Deficiency is also call a 90 day letter.  That is the time you have in which to get your liability lowered.  But because the IRS is a huge bureaucracy, they may want you to enter into a settlement option while you are waiting for them to process your correctly filed return(s).

The IRS Office of Appeals may want further information before accepting the returns as filed.  About two out of three times the return(s) will be accepted as filed.  If the Appeals Officer has any questions it will probably be to review you documentation to support deductions or expenses taken on your return(s).  Tax Debt Advisors, Inc. has the expertise to guide you through this process.  Tax Debt Advisors, Inc. has settled over 113,000 IRS tax debts since 1977 in Scottsdale Arizona and surrounding areas of the Valley.  Call 480-926-9300 today for your free initial consultation.

 

Written by Scott Allen

Do I call Tax Debt Advisors of Arizona if I can’t pay off my IRS debt?

You need professional help to make sure you are in the right settlement option.  Many Arizona taxpayers are unaware of their rights to consider several different options and the amount they will pay with each option.  If you ore in an installment arrangement, perhaps you need to have your payment lowered.  If the monthly payment is low enough, you can consider filing an Offer in Compromise.  If you have owed on past taxes that you filed at least two years ago and it has been three years since the due date, you make want to discharge your taxes in a Chapter 7 bankruptcy.  If you question whether you filed correct returns you may consider filing amended returns.  And finally, if your audit did not turn out the way you expected, there is the audit reconsideration process.

Tax Debt Advisors of Arizona will review each of these options as well as others that may apply for your individual situation.  Scott Allen E.A. offers a free initial consultation.  Call 480-926-9300 to schedule an appointment.

info@taxdebtadvisors.com