Regular Post
Written by Scott Allen

IRS TAX LIENS – STOP IRS ACTION

IRS Tax Liens in Arizona

When do IRS tax liens expire?

Yes there is an expiration on IRS tax liens—ten years.  The ten years starts from the time the taxes were assessed.  Once the ten year period has passed the tax lien goes away automatically.

There is a caution flag that needs to be raised regarding actions you can inadvertently take that will extend the statute of limitations.  If you file a bankruptcy, a collection due process hearing, submit an offer in compromise or file an innocent spouse claim the 10 year statute to collect is extended because these actions stop the IRS from collecting the taxes due.

A bankruptcy extends the statute of limitation by the amount of time your were in bankruptcy plus six months.

A collection due process hearing will extend the statute of  limitations by the amount of time your hearing was pending.

An offer in compromise will extend the statute of limitations by the amount of time the offer was pending plus 30 days.

An innocent spouse claim will suspend the collection statute during the time the claim is under consideration.

Before any of these tax settlement strategies are utilized, make sure that the risk of extending the statute doesn’t exceed the benefit. IRS tax liens can impact your life in many ways. Be sure to also find out if its possible to settle the IRS or offer up a payment plan solution without the filing of IRS tax liens on your record.

Scott Allen E. A.

Tax Debt Advisors, Inc.

 

IRS Problems, IRS Tax lien problems, Offer In Compromise
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Regular Post
Written by Scott Allen

COLLECTION STATUTE EXPIRATION DATE

Collection Statute Expiration Date – CSED

If the IRS does not collect the taxes within ten years form the date of assessment, then the tax is abated and liens are released against the taxpayer’s property.  If you have several years that you owe on, it is advisable to designate your payments when possible to the most current years rather than to older years that may be close to expiring.  The IRS, without designation from the taxpayer will always apply payments to the oldest debt.  In most cases the IRS will apply voluntary payments to the oldest tax debt regardless of any designation made by the taxpayer.

There are some actions by the taxpayer that can extend the CSED.  The most common are a pending bankruptcy, a judgment or litigation in tax court, a collection due process appeal, a pending offer in compromise or when the taxpayer voluntarily signs a waiver extending the collection statute.

If you think your tax debts have expired we can confirm this verbally and in writing from the IRS.  This inquiry if done correctly does not need to wake up a “sleeping giant.”   Most taxpayer are under the false assumption that once you owe the IRS the debt will stay there until fully paid.  State laws differ from the IRS.  Some states have no expiration dates on tax debts.  If you are uncertain as to your tax debt status, especially those that might have expired, we can help you get a confirmation and clear up tax liens that will likely still be marks against your credit.

Scott Allen E. A.

Tax Debt Advisors, Inc.

www.scottallenea.com

IRS Problems, IRS Tax lien problems, IRS Wage Garnishment
1
Regular Post
Written by Scott Allen

WILL THE IRS THROW ME IN JAIL?

Chances are the IRS will not put you in Jail

The IRS has almost unlimited power but the times that it resorts to severe action are very rare and never without giving you many opportunities to correct the problem.  Try to remember that in almost every case you are negligent not criminal.  Your IRS matter is like a bad parking ticket, not a hit and run crime.

We have never had a client lose their house or vehicle.  The IRS doesn’t want your house or car.  In fact they are required to allow you to have adequate housing and transportation.  You may have to trade in you Ferrari for a Toyota but you can still have a good safe vehicle.  If you live in a home that was paid for with your unpaid taxes, you may have to downside but the IRS gives you adequate time to make the transition.  But in most cases the client has previously decided that they cannot afford the home they are living in.

Unless you are guilty of income tax evasion, which means that you did not report significant amounts of income on your filed tax returns, you do not need the services of an attorney.  On over 113,000 tax debts settled over 45 years, we have only referred six clients to seek legal help and none of them were ever incarcerated.

The IRS does publicly advertise a few cases a year that get your attention.  Fear of criminal action is one of the best ways the IRS motivates the public into compliance of filing and paying their taxes.

 

Fear of IRS action is one of the main reasons clients procrastinate taking positive action to put their tax debts in a settlement and moving on with their lives.  Once you know what needs to be done to fix your IRS problem, your fear factor will be greatly reduced.  So stop living in fear and start living with purpose.  Call me for no cost consultation to see what settlement options are available to you.

Scott Allen E. A.

Tax Debt Advisors, Inc.

 

BACK TAX RETURNS, IRS Problems
0
Regular Post
Written by Scott Allen

IRS HELP BLOG

An IRS Help Blog in Mesa Arizona

This IRS help blog is to help you understand what you can get from a blog on this web site.  Frankly, it will give you only the basic outline of the subject matter covered.  On a scale of one to ten it is about a three.  If you want more information, go to our web site and find more details on the subject.  Now your at a level five.  If you want information at a level eight or higher, you will need to come in for a consultation for about one hour.  I will give you a list of things to bring with you so that our meeting is productive and gives you a course of action to follow to resolve your IRS matter.

With IRS problems, the “devil is in the details,” and without the details, it would be foolish to rely on a summary of some important IRS matter in a blog.  But blogs have a way of helping you know whether or not you have the right question.  This is a very important point.  Do not worry about getting an answer until you know you have the right question.  Too many clients come to us because they had the right answer to the wrong question.  Their tax matter wasn’t resolved and they were in a worse mess than before they started the process.

As an example, over 80% of our clients are surprised when we tell then that IRS income tax debt can be discharged in a tax bankruptcy.  The sad part is that almost as many filed a recent bankruptcy and did not get the taxes properly qualified for discharge.  They didn’t ask the right questions of the attorney who did their bankruptcy, and were not provided with all of the options to both their tax and non tax debt.  I try very hard to make sure that both your tax and non tax debt issues are considered before entering into a settlement with the IRS.

Finally, the topics we put into a IRS help blog are the most frequently asked questions we get from clients.  But that is only a start.  It is usually the questions that get asked towards the end of our initial consultation that really zero in on discovering the right solution to your IRS problem.

Scott Allen E. A.

Tax Debt Advisors, Inc.

www.irshelpblog.com

 

IRS help by city, IRS help by state, IRS Problems
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0
Regular Post
Written by Scott Allen

STOP IRS ACTION

Stop IRS Action help in Mesa AZ

This phase can mean many things for different IRS problems.  If your wages are being levied, you want the IRS to stop taking your money from you wages.  If your bank account is being levied, you want that to stop or the money to be returned.  If you have a tax lien filed by the IRS you want your credit to be restored by having the lien removed.  If you have assets that under threat of being seized, you want to be able to sleep tonight knowing that the IRS has stopped seizure action.

The list could go on and on and a blog on this subject can only give you some general guidelines to follow.  If you want a specific course of action, schedule a free one hour consultation to find out exactly what needs to be done to Stop IRS Action.   This is more involved than it appears.  For instance if you own more than $25,000 to the IRS, there is much more work needed to get a monthly installment arrangement than if you owe less than $25,000.  And if you owe more than $100,000, the IRS will expect a few more hoops to jump through before giving you an agreement.

Here are some actions that will be necessary to Stop IRS action in Mesa AZ regardless of your problem:

First, make sure that all tax returns have been filed.  The IRS will require you to be in compliance before action can be stopped.  If the IRS filed a tax return for you, have a professional review it to see if filing a correct return would bring the balance owed down.  This first step is to first reduce the liability before trying to reach a settlement with the IRS.

Second, compliance also means that you are currently having the right amount taken out of your pay check if you are an employee or you are current on payment of your estimated taxes if you are self employed.

Third, make sure you have a representative who understands how to posture your finances before providing financial information to the IRS.  This may mean getting medical insurance or an automobile before negotiations begin.  Afterwards, the amount of money left over after your settlement might now allow for these type of purchases to be made once you are locked in with the IRS.

Fourth, know all of your options to settle with the IRS.  That means understanding the pros and cons of each option.  Make sure you evaluate all the options at the same time.  If you are married, whether your spouse is responsible for the tax debt or not, be a part of the decision process.  What ever affects you affects your spouse indirectly.  Especially if it pertains to money and finances.

Finally, get some professional help to stop IRS action in Mesa AZ.  The IRS personnel are not bad people.  But they are trained bill collectors and are not there to make you knowledgeable of your options that can make your settlement easier for you.

Scott Allen E. A.

Tax Debt Advisors, Inc. – Since 1977

www.stopIRSaction.com

 

BACK TAX RETURNS, IRS Problems
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1
Regular Post
Written by Scott Allen

IRS PROBLEMS “I CANT PAY MY BACK TAXES”

What if you have an IRS Problem in Mesa AZ

Owing the IRS money sometimes cannot be avoided but avoiding a crisis because you owe the IRS is always possible.  Just making the decision to face the IRS problem and take the first step is literally half the battle.  I have heard many times, “If I knew it was going to be this easy, I could have avoided a lot of stress and sleepless nights.”

Even the IRS knows that they may never collect all the back taxes you owe, and are willing to agree to a settlement that acknowledges that fact, conditioned upon your commitment and willingness to stay current on taxes in the future.  Keep in mind though that if you have the ability to pay your back taxes in full, the IRS will not let you off the “hook.”

The psychological challenge with paying back taxes is that we trick ourselves into thinking that we are paying for something without getting something in return.  In a very real sense that is true.  When you finish paying your car loan or mortgage you have a car or home to show for your efforts.  Paying taxes is the price we pay for living in a relatively benevolent democracy.  It is easy to take for granted the roads and military benefits we receive but still we have nothing tangible in our hands.  We all have disagreements politically with how our tax dollars are spent and that can sometimes be the mental block we all have to overcome—even those who are current and pay their fair share of taxes each year.

The simple fact remains that death and taxes are something we just can’t escape.  The financial, emotional, physical costs of having an IRS debt always hanging over our heads is simply just not worth it.  Carrying this burden around with us 24/7 is like having a 50 or a 100 pound weight always on our back.  The true benefits of having your tax matter behind you cannot be fully appreciated until it is gone.  Food will taste better, your ability to move forward financially is greatly improved, family relationships become more meaningful, your ability to enjoy activities that use to be fun returns, and best of all you can think more clearly.

Take a moment to consider the psychological benefits of getting your IRS problems behind you.  Make the decision today to call for a consultation to see exactly what you need to do to make this a reality in your life.

Scott Allen E. A.

Tax Debt Advisors, Inc.

www.arizonairsproblems.com

 

BACK TAX RETURNS, IRS Problems
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0
Regular Post
Written by Scott Allen

IRS TAX RELIEF

IRS Tax Relief

You know how easy it is to have an IRS tax debt or you wouldn’t be reading this blog.  But in the opposite direction, it is also “easy” to get restored back to your original situation if you are willing to make the effort and put in the time to get your matter straightened out.  Everyone deserves IRS tax relief, whatever option it may be.

No one has a goal in life to get in trouble with the IRS.  All it takes is a death, divorce, substance abuse problem, a business failure or bad tax advice to start the process and once the tax problem starts rolling down the mountain, it is hard to stop.

There are five options to consider in settling with the IRS other than to just write them a check.  It is important to have all five of them, with the pros and cons of each one, being considered at the same time.  Those options are:

  • Installment arrangement
  • Non collectible status
  • Offer in compromise
  • Chapter 13 Bankruptcy
  • Chapter 7 Bankruptcy

In most cases there is really very little negotiation involved.  All the “negotiation work” is done with Scott Allen EA and the taxpayer in properly evaluating their options. The challenge is to pick the right option and to support that option so well that the IRS has no choice but to agree to our settlement proposal.  Success is in the preparation, support, and endurance to keep the matter in front of the IRS personnel you are assigned until the matter is settled.  The IRS knows very well how to chase after taxpayers and punish them.  They are very poor at being pursued to settle a matter according to the laws that Congress  has given them charge to enforce.

Just like every team has a coach, you need a coach to keep you motivated, moving in the right direction and challenging you to get the IRS tax relief victory.  Anyone can get a settlement with the IRS, the challenge is to get one that is a victory.  A victory is a settlement that you can do and will get you restored back to your former situation in the quickest possible way.

Scott Allen E. A.

Tax Debt Advisors, Inc.

   aztaxguy84

 

IRS Problems, Offer In Compromise
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Regular Post
Written by Scott Allen

INNOCENT SPOUSE RELIEF

Innocent Spouse Relief: IRS

On occasion, one spouse is totally unaware or responsible for the improper actions of their marriage partner on tax matters.  If this unfortunate situation occurs to you, innocent spouse relief is possible.  To qualify: (1) You must have filed a joint return which has tax errors caused by your spouse, (2) You did not know when you signed the return that there was an understatement of tax and (3) It would be unfair to hold you liable for taxes taking into consideration all the facts and circumstances.

Innocent spouse relief can reduce all of the tax, interest and penalties of the items reported incorrectly.  You will be held responsible for joint liabilities that were reported correctly that generated a tax debt owed.  On these debts the IRS can collect from either spouse in whole or in part.

To file a claim for innocent spouse relief, you must submit IRS form 8857.  Professional assistance will help you to provide the facts and circumstances of your case in the most favorable light.  Claims submitted can take several months for the IRS to make a decision.

Scott Allen E.A.

Tax Debt Advisors, Inc.

 

IRS Problems, Tax Advisor, Tax Debt
0
Regular Post
Written by Scott Allen

I GOT A LETTER FROM THE IRS

I got a letter from the IRS – HELP !

When clients come into their initial appointment and I ask them if they have received any correspondence from the IRS, they usually hand me a stack of letters that have never been opened.  I call this the “Pandora” letter syndrome—“If I don’t open it then the bad stuff inside can’t hurt me.”

The reality is that  unopened IRS letters can and will hurt you.  When you receive a letter from the IRS, there is adequate time to deal with the problem in most cases.  Requests for extension of time to deal with the matter are relatively easy to obtain as long as deadlines have not been missed or past promises for action not kept.

Most letters are requesting some action or information on your part.  There is a deadline involved.  If you provide the information requested within the deadline period, you will have developed a rapport with the IRS that will greatly improve your ability to move on to the next step in the process with more latitude.

The important thing is to not make promises you know you can’t keep.  Promise a little less that what you know you can do and then over perform.  IRS agents rarely get more from taxpayers than what they expect.  When they do, it is almost like you get forgotten.  Agents have so many people making every effort to avoid them that those who are following through are given much better treatment.  Don’t get me wrong, they will still expect you to pay back the taxes owed if you have the ability to do so, but the process to get to an agreed upon settlement that you can live with are much better.

So gather up those letters and come in.  I have the best damn letter opener in Arizona.  Together we can come up with a plan that will resolve your IRS matter.  You have nothing to lose if you come in and have almost everything to lose if you don’t open those letters.  Take the leap of faith and schedule your free one hour consultation today.

Scott Allen E. A.

Tax Debt Advisors, Inc.

3155 E Southern Ave #101 Mesa AZ 85204

 

IRS Levy, IRS Problems
0
Regular Post
Written by Scott Allen

WHAT CAUSED MY IRS PAYMENT PLAN TO DEFAULT?

IRS Payment Plan Default

When you default on an installment arrangement there is no explanation.  The most common reasons are:

  • You didn’t send in your payment or your payment was late.  If you call immediately upon receiving the notice, you can usually be reinstated as soon as your payments are current.  Don’t depend on the IRS vouchers as a reminder to make your payment.  Vouchers can come to you after the due date or not at all.  Have a note on your calendar to make your payment whether or not the voucher shows up.  If you send in a payment without a voucher, include your social security number, the tax year to apply the payment (2020-1040) and have your phone number on the check.
  • You filed your return late or did not pay your taxes in full when you filed your return.  One of the conditions of having a payment plan with the IRS is that you don’t get behind on filing or paying in the future.  Again, the IRS will likely reinstate the agreement if you can bring your payments current and you contact them immediately after receiving the notice of default.  To prevent this from happening in the future make sure your estimated taxes are paid timely if you are self employed or that your withholdings are sufficient if you are an employee.

If you default and you have to renegotiate your payment plan with the IRS it is unlikely you will get the same payment amount.   If your financial situation has worsened, your payment amount will be reduced.  Likewise, if your financial situation has improved, your payment amount will go up.  Rather than just go back into another installment arrangement, I advise our clients to reevaluate to see if there is another settlement option that would be better now that their situation has changed.

There are legitimate situations where I advise clients to strategically default on purpose so that a better settlement can be reached with the IRS.  This should only be done with the help of a professional representative who can guide you through the renegotiation process. Our company has over 45 years of tax preparation and IRS negotiation experience.

Scott Allen E. A.

Tax Debt Advisors, Inc.

IRS Problems, IRS Tax Payment Plan
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