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Mesa AZ abatement of IRS penalties from Tax Debt Advisors, Inc

The request process is two tiered. The first is to file your Mesa AZ abatement of IRS penalties request with IRS Form 843. This form asks for details about you and the tax years in question. The reason for the abatement can be a part of the form or a separate letter attached to the form. Prior to sending in IRS Form 843, you should pay the amount of tax you owe or at least have a payment plan in place. The form gives the address where to mail it to the IRS. Submitting your Mesa AZ abatement of IRS penalty request without having a good reason is like rubbing a lamp in your house—there will be no genie with the IRS. You cannot use the excuse that you want Mesa AZ abatement of IRS penalties because you didn’t know or understand the tax law. The IRS considers it your responsibility to know the law or use someone who does. The second process is to take your request to the IRS Office of Appeals. The reason still needs to be valid but you might have a more compromising attitude with an Appeals officer.
Scott Allen E.A. of Tax Debt Advisors, Inc. knows the tax laws and will be able to competently advise you on your reasons for requesting an abatement of IRS penalties in Mesa AZ and the chances for success. Tax Debt Advisors, Inc. offers a free initial consultation and can be reached at 480-926-9300 for an appointment.

info@taxdebtadvisors.com

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Phoenix AZ’s Tax Debt Advisors can help eliminate IRS tax penalties

The average amount of penalties on IRS tax returns we see ranges from 25% to 100% of the taxes owed.  That is a huge price to pay to get rid of your Phoenix AZ IRS debt and penalties.  The IRS is more likely to reduce penalties if you have the ability to pay off the tax liability in full.  Some of the more common reason accepted for Phoenix AZ IRS penalty abatement are:
  • Loss of records due to weather (i.e. hurricane) or theft.
  • Death of a loved one.
  • A divorce where records were destroyed or not made available by the other spouse.
  • A major illness that made it impossible for you to file.
  • Improper counsel from your tax preparer.
  • Unemployment.
This is only a sample of reasons that the IRS will consider for penalty abatement in Phoenix AZ.  In each case you will have to prove that these factors caused you to not have control over the filing and paying of taxes. If you have a good track record of filing and full paying on time, then the IRS is more likely to positively consider your petition to eliminate Phoenix AZ IRS tax penalties.  Your request to eliminate penalties is made with IRS Form 843.  Consider scheduling a free initial consultation with Scott Allen E.A. of Tax Debt Advisors.  Scott has the expertise to advise you on your request to have a successful abatement of Phoenix AZ IRS penalties.  Call for an appointment at 480-926-9300.

info@taxdebtadvisors.com

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Tax Debt Advisors, Inc.—How do I qualify for “Separation of Liability” relief?

First you must have filed a joint return and must meet one of the following conditions at the time your seek relief:
  • You must be divorced or legally separated from the spouse you filed a joint return.
  • You are widowed.
  • You have not been a member of the same household as the spouse with who you filed a joint return for at least 12 months prior to filing IRS Form 8857, Request for Innocent Spouse Relief.
If you knew when you signed the return of the item(s) that caused the understatement of tax, you do not qualify for separation of liability relief.  This relief provides the allocation of the additional tax owed between you and your former spouse or your current spouse (if you are separated) because an item was not reported properly on a joint return.  The tax that is allocated to you is what you will be responsible to pay.  Scott Allen E.A. of Tax Debt Advisors, Inc. offers a free consultation regarding Separation of Liability relief.  Call 480-926-9300 for an appointment.

info@taxdebtadvisors.com

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Tax Debt Advisors—How do I qualify for Equitable Tax Relief in Glendale AZ?

Equitable tax relief may be available if you do not qualify Separation of Liability Relief.  If you filed correctly and owe IRS taxes on a jointly filed return but you feel that the tax is attributable to your spouse, you can petition the IRS for relief using IRS Form 8857.  To qualify for Glendale AZ equitable tax relief you must prove that considering the facts and circumstances, it would be unfair for the IRS to hold you responsible for the taxes owed.

 

Scott Allen E.A. of Tax Debt Advisors has the expertise to consult with you about your chances of getting relief of an IRS tax burden in Glendale AZ through the equitable tax relief program.  Tax Debt Advisors has been helping taxpayers since 1977.  Call for a free consultation at 480-926-9300.

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What do you need to know about the Scottsdale AZ Audit Reconsideration process?

Audit Reconsideration should be used as a remedy when:

• The IRS assessed additional tax from an audit, or

• A return was prepared by the IRS called a Substitute for Return (SFR).

The audit reconsideration process in Scottsdale Arizona allows the IRS to “reconsider” the taxpayer’s documentation.  If you have already paid the tax liability in full, you may file an amended return on IRS Form 1040X.

The IRS will “reconsider’ if:

• You are able to submit information that was not taken into consideration that would result in lowering the tax owed.

• You filed a return after the IRS filed a substitute for return (SFR).

• You believe the IRS made an error in their calculations of taxes or penalties or interest owed on your tax debt.

• Tax credits were denied.

Scott Allen E.A. of Tax Debt Advisors is available for a free initial consultation about filing for an Arizona IRS Audit Reconsideration.

info@taxdebtadvisors.com

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Know if You Should File a Collection Due Process Appeal

If you file a Collection Due Process Appeal, you will effectively put a hold on any IRS action to collect the tax debt until you have a hearing with an Appeals Officer.  In most cases this is the proper action to take to make sure you have time to present a settlement option that will be in your best interest. However, there are times when filing a Collection Due Process Appeal will do you more harm than good.

Two examples of when you would not want to file for a CDP Appeal are when you want the statute of limitations to run out or you want to discharge your tax liability in bankruptcy.  The CDP Appeal affects the 3 year rule and 240 day rule with regards to when a bankruptcy can be filed to discharge your tax debt.

An Arizona IRS resolution professional can provide essential advice in this area.  Contact Scott Allen E.A. of Mesa AZ at 480-926-9300 to schedule a free initial consultation.  The decision of whether to file a CDP Appeal is too important to make on your own.  Your success in settling your IRS problem will depend on taking the rights steps that provide you the right settlement option.

info@taxdebtadvisors.com

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Mesa AZ Tax Debt Advisors—How do I prepare to meet with an IRS Appeals Officer?

If you have requested a hearing before the IRS Office of Appeals near Mesa AZ you will eventually get a letter or phone call to schedule an appointment to meet with an IRS Appeals officer. This is the most opportune way to get your side of the story heard and reduce your tax liability. The Appeals Office is more willing to compromise on grey areas than an IRS Revenue Officer or IRS Agent. It is best to acquire professional assistance before meeting with an Mesa AZ IRS Appeals Officer.

Consider a free initial consultation with Scott Allen E.A. of Tax Debt Advisors. Scott can advise the best way to prepare for the hearing with the IRS Appeals Officer and will not take your case unless it is in your best interest. Call today at 480-926-9300 to schedule an appointment.

info@taxdebtadvisors.com

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IRS Audit Myth Number 1: By Tax Debt Advisors of Phoenix AZ

If the IRS wants more money, I will pay them when I am able—the IRS is a formidable bill collector.  It has the power to garnish your wages, levy your bank accounts or seize your assets.  If you find you are on the wrong side of an audit assessment, consider a consultation with Scott Allen E.A. of Tax Debt Advisors.  Filing for a hearing before the IRS Office of Appeals is an excellent way to negotiate a compromise or elimination of the tax assessment.

Even better is to contact Tax Debt Advisors near Phoenix AZ when you get the audit notice from the IRS.  With a little planning and organization of your records, you may be able to avoid the assessment altogether.  Do not overlook the guidance of an IRS audit specialist.  Tax Debt Advisors has been representing taxpayers on Phoenix Arizona IRS audits for over 37 years.  Call today for a free initial consultation to see what Scott Allen E.A. can do for you.  Schedule an appointment by calling 480-926-9300.

info@taxdebtadvisors.com

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Tax Debt Advisors, Inc. offers advice for a successful Gilbert AZ IRS audit

  • When you have answered an Auditors question—shut up.  Auditors know that taxpayers are uncomfortable with “silence.”  Remember the one who talks first after you have answered the question LOSES.  That may sound a bit blunt to put it in these words but it is critical to a successful Gilbert AZ IRS audit.
  • Remember the Auditor is not your friend.  They are aggressive bill collectors no matter how friendly they may sound in your meeting.  When you get the bill from the auditor you will realize that they are masters at making you feel they are on your side.
  • Never miss an appointment and respond promptly if you cannot meet a deadline.
  • Never get mad or angry.  They IRS auditor will usually stop asking questions at that point and assume you are not cooperating and deny deductions or expenses that you are entitled too.
  • Don’t be too anxious to pay the bill.  You have rights to Appeal the IRS audit assessment.  Almost never go to Appeals alone.  You need a professional to make sure you don’t fail a second time.

Call Scott Allen E.A. at Tax Debt Advisors, Inc. at 480-926-9300 and schedule a free consultation.  Scott will not take your case unless it is in your best interest.

info@taxdebtadvisors.com

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Arizona’s Tax Debt Advisors provides Successful IRS Audit Representation

It is almost inevitable that sometime your individual return or small business return will be audited by the IRS.  It doesn’t matter how careful or legitimate your return is prepared; the IRS computers can select you for a Mesa AZ audit.  The IRS will issue an audit notice within three years of your filing so it is important to keep your records at least three years.  If the IRS can prove that you have under-reported income by 25% or more the IRS has more time in which to audit past returns.

Select a competent Mesa Arizona tax representative that will attend the audit with or without your presence.  You will have to give your representative an IRS power of attorney to represent you.  The initial audit will usually result in what you expect but not always.  Taxpayers can take their case to IRS Appeals where there is more latitude on what the IRS will or will not accept what was claimed on your return.

This summary cannot advise you of what you need to do to prepare for a successful audit in Mesa AZ.  Contact Scott Allen E.A. for a free initial in office consultation.  During your appointment you can decide if you want representation with the audit or with the Appeals office.  Scott will not take you case unless it is in your best interest.  Call 480-926-9300 to schedule your appointment.

 

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