Written by Scott Allen

IRS Tax Bankruptcy in Arizona: IRS help from Scott Allen, E.A.

IRS Tax Bankruptcy in Arizona

IRS discharge in bankruptcy—Why residents of Arizona should consider filing a bankruptcy to settle their IRS debt. 

  • When you cannot qualify for an Offer in Compromise
  • The IRS is not the decision maker.  The Bankruptcy Code supersedes the IRS code.
  • Bankruptcy is often less costly than entering an installment arrangement
  • When you have debts other than tax debts—both are taken care of when you file a bankruptcy
  • In a Chapter 7 bankruptcy you pay the IRS zero!
  • Many individuals qualify for a Chapter 7 bankruptcy even with a high income
  • If you don’t own a home, the tax lien that survives the bankruptcy doesn’t  affect you negatively

I will help you analyze all tax settlement options at the same time so that you are confident you made the right choice.  Call today for a free initial confidential consultation about an IRS tax bankruptcy in Arizona.

 

Apache Junction, Avondale, Bisbee, Buckeye, Bullhead City, Camp Verde, Casa Grande,  Catalina, Chandler, Chinle, Chino Valley, Coolidge, Cottonwood, Dewey, Douglas, Eagar, El Mirage, Eloy, Flagstaff, Florence, Fountain Hills, Gilbert, Glendale, Globe, Goodyear, Green Valley, Kingman, Lake Havasu City, Lakeside, Marana, Mesa, Nogales, Oro Valley, Page, Paradise Valley, Payson, Peoria, Phoenix, Pinetop, Prescott, Prescott Valley, Safford, San Luis, Scottsdale, Sedona, Show Low, Sierra Vista, Somerton, Sun City, Sun City West, Sun Lakes, Surprise, Tempe, Thatcher, Tuba City, Tucson, Winslow, Yuma

Apache County, Cochise County, Coconino County, Gila County, Graham County, Greenlee County, La Paz County, Maricopa County, Mohave County, Navajo County, Pima County, Pinal County, Santa Cruz County, Yavapai County, Yuma County

 

Written by Scott Allen

IRS Tax Settlement Options in Arizona: Free Consultation

Arizona IRS Settlement Options

Here is a quick checklist:

  • ·         A monthly payment plan
  • ·         Pay the debt off in full
  • ·         Let the statute of limitations run out
  • ·         File an Appeal
  • ·         Utilize an Audit Reconsideration
  • ·         File an Offer in Compromise
  • ·         Seek relief as an innocent spouse
  • ·         Qualify for a non collectible status
  • ·         Discharge the taxes in bankruptcy
  • ·         Penalty abatement

There are pros and cons to each of these options.  Each has the opportunity to settle your tax debt.  Call today for a free initial confidential consultation to determine what your next step should be.  My office is conveniently located near Lindsey and Southern Avenue.

Scott Allen, E.A. – Tax Debt Advisors, Inc

IRS Tax Settlement Options in Arizona:  Free Consultation

Mesa, Apache Junction, Avondale, Buckeye, Carefree, Cave Creek, Chandler, El Mirage, Fountain Hills, Gila Bend, Gilbert, Glendale, Goodyear, Komatke, Litchfield Park, Luke AFB, Paradise Valley, Peoria, Phoenix, Queen Creek, Scottsdale, Sun City, Sun Lakes, Surprise, Tempe, Tolleson, Waddell, Whitman, Wickenburg, Youngstown, Flagstaff, Tucson, Payson, Winslow, Sierra Vista, Page, Prescott, Globe, Yuma, AZ

Apache County, Cochise County, Coconino County, Gila County, Graham County, Greenlee County, La Paz County, Maricopa County, Mohave County, Navajo County, Pima County, Pinal County, Santa Cruz County, Yavapai County, Yuma County

 

Written by Scott Allen

Free IRS Audit Consultation for Arizona Residents: IRS Help from Tax Debt Advisors, Inc

Arizona IRS Audit Consultation

Your consultation will cover: 

  • Types of IRS audits and how to prepare for the best results.
  • How to avoid future audits.  Know what caused the IRS to select you for audit.
  • When to use a professional and when to represent yourself
  • How to appeal the audit if you are unsatisfied with the IRS results.

We have learned after 45 years representing tax payers that the best method to get best results is for you to represent your self in the initial audit with our coaching.  You will be happy with the results about 80% of the time.  If not, we will represent you in the Appeals process and will know exactly what to focus on.  Representing you in Appeals, on only the items you still disagree with, is the best use of your funds to get the desire results.

Scott Allen, E.A. – Tax Debt Advisors, Inc

Free IRS Audit consultation for Arizona Residents:  IRS Help from Tax Debt Advisors, Inc

Mesa, Apache Junction, Avondale, Buckeye, Carefree, Cave Creek, Chandler, El Mirage, Fountain Hills, Gila Bend, Gilbert, Glendale, Goodyear, Komatke, Litchfield Park, Luke AFB, Paradise Valley, Peoria, Phoenix, Queen Creek, Scottsdale, Sun City, Sun Lakes, Surprise, Tempe, Tolleson, Waddell, Whitman, Wickenburg, Youngstown, Flagstaff, Tucson, Payson, Winslow, Sierra Vista, Page, Prescott, Globe, Yuma, AZ

Apache County, Cochise County, Coconino County, Gila County, Graham County, Greenlee County, La Paz County, Maricopa County, Mohave County, Navajo County, Pima County, Pinal County, Santa Cruz County, Yavapai County, Yuma County

 

Written by Scott Allen

IRS help for the Arizona Medical Professionals

IRS Help in Arizona

There is only on germ or virus is more contagious than any other known by the medical professional—that is virus of bad IRS advice pass amount your own peers.  If you want accurate information that you can rely on get it from a professional in another field that specializes in that subject.

Most of our medical professionals get into trouble with the IRS due to bad advice, especially in the areas of investments, structure of their practices, and what they can take as business and personal deductions.

We can help medical professionals in the following specialties:

Doctors, Dentists, Chiropractors, Nursing Home Providers, Hospital Administrators, Hospital employees, Surgeons, Podiatrists, Endodontists, Pediatricians, Maxillofacial Surgeons, Plastic surgeons, Periodontists, Psychiatrists, Psychiatrists, Anesthesiologists, Urologists, Prosthodontists, Urologists, Anesthesiologists, Allergists, Dermatologists, Immunologists, Emergency Room Physicians, Oncologists, Family Practice Physicians, Obstetricians, Neurologists, Gynecologists, Orthodontists, Internists, Oral Surgeons, Hematologists, Cardiologists, Radiologists, Pathologists, Psychologists, Therapists, Nursing, Gastroenterologists, Pharmacists, Endocrinologists, Nephrologists, and Pulmonologists.   

Why is the IRS making the medical professional a target for IRS audits?  The first is the number of audits that result in additional revenues.  The second and most important reason is the medical professionals have the assets and income to pay back the amount of additional taxes, interest and penalties owed to the IRS.  Professions where there is little possibility of collecting additional revenues are being de-emphasized.

If you receive a notice of being audited by the IRS—take it very seriously, get professional help.  If one year has significant changes that produce additional revenue to the IRS, it is highly probably that the audit will be expanded to other years and others in your medical group.  The IRS knows that bad practices regarding IRS matters are very contagious in the medical community.  Call me today for a free initial confidential consultation.

Scott Allen E. A. – Tax Debt Advisors, Inc

IRS help for the Arizona Medical Professionals

Mesa, Apache Junction, Avondale, Buckeye, Carefree, Cave Creek, Chandler, El Mirage, Fountain Hills, Gila Bend, Gilbert, Glendale, Goodyear, Komatke, Litchfield Park, Luke AFB, Paradise Valley, Peoria, Phoenix, Queen Creek, Scottsdale, Sun City, Sun Lakes, Surprise, Tempe, Tolleson, Waddell, Whitman, Wickenburg, Youngstown, Flagstaff, Tucson, Payson, Winslow, Sierra Vista, Page, Prescott, Globe, Yuma, AZ

Apache County, Cochise County, Coconino County, Gila County, Graham County, Greenlee County, La Paz County, Maricopa County, Mohave County, Navajo County, Pima County, Pinal County, Santa Cruz County, Yavapai County, Yuma County

 

Written by Scott Allen

IRS tax audit strategies in Arizona. IRS help from Tax Debt Advisors, Inc

 Arizona IRS Tax Audit Strategies

  • Avoid having the audit at your home.  We suggest to our clients to have the audit conducted at our office.
  • After consulting with a professional make the decision to extend the audit or not.  If an extension is requested before the dead line and you have reasonable cause, it is not a mark against you.  However, to miss an appointment that you previously extended will be a large a “red flag” as you can find.
  • Be cordial during the audit but not overly friendly.  Leave the talking to your advisor unless specifically questioned directly by the auditor.  When you answer the question do it in the fewest words that conveys the correct answer.  Look the auditor in the eyes and if you need some time before answering the question—take the time.  If you know you don’t know the answer, tell the auditor you don’t know, write down the question and ask the auditor when you can get back with the answer.
  • Allow for disagreements.  You will eventually get what you expect if you never get mad or angry.  An angry taxpayer is usually wrong.  If you cannot handle your emotions, let your representative do the talking.  Auditors know that they are creating a stressful situation and their training teaches them how to benefit from that stress taxpayers feel.
  • If you are a sole proprietor filing a schedule C on your return we recommend that you put your business in an LLC and then get IRS approval to have your LLC taxed as a Subchapter S Corporation.  I can discuss with you the tax benefits as well as the audit benefits during a consultation at my office.

Scott Allen E. A. – Tax Debt Advisors, Inc.

IRS tax audit strategies in Arizona.  IRS help from Tax Debt Advisors, Inc

Mesa, Apache Junction, Avondale, Buckeye, Carefree, Cave Creek, Chandler, El Mirage, Fountain Hills, Gila Bend, Gilbert, Glendale, Goodyear, Komatke, Litchfield Park, Luke AFB, Paradise Valley, Peoria, Phoenix, Queen Creek, Scottsdale, Sun City, Sun Lakes, Surprise, Tempe, Tolleson, Waddell, Whitman, Wickenburg, Youngstown, Flagstaff, Tucson, Payson, Winslow, Sierra Vista, Page, Prescott, Globe, Yuma

 

Written by Scott Allen

How does the IRS file substitute tax returns? From Tax Debt Advisors, Inc.

IRS File Substitute Tax Returns (SFR)

The IRS SFR (Substitute For Return) unit will match all income reported to your social security number including W-2’s, K-1’s, 1099’s, etc.  If you last return filed was a joint return, the IRS will file an SFR as married filing separate which will put you in a higher tax bracket.  You will not be given credit for any dependents, or deductions.  Many clients avoid filing back tax returns because they have lost or never received due to a move records needed to file a return.  I am able to retrieve all the records that were report to the IRS.  Once those are available, you will be better able to locate records that will reduce your tax liability along with interest and penalties.  The hardest part is making the decision to get started.  Call me today for a free confidential initial consultation. I will be your IRS Power of Attorney representation from beginning to end.

Scott Allen, E.A. – Tax Debt Advisors, Inc helping Arizona taxpayers with SFR representation

www.TaxDebtAdvisors.com

 

Written by Scott Allen

taxdebtadvisors.com – What will get the IRS off my back?

I need the IRS off my back

The IRS will leave you alone when the following has occurred:

1)      You prove that you have insufficient equity in any real or personal property.  If you have no equity in your car or home the IRS isn’t interested in taking it from you.

2)      If you are on a payment plan and current on your payments the IRS will stay off your back.

3)      If you are appealing an IRS decision, collection action will cease until a decision has be made by the Appeals Office.

4)      If you have filed an offer in compromise that is deemed processible, the IRS will leave you alone.

5)      If you have filed an innocent spouse claim, collection ceases as long as it is pending.

6)      If you file a bankruptcy, collection action stops until your bankruptcy is over.

7)      If you are classified as currently not collectible, collection action stops as long as you maintain that status.

Don’t just assume that you have no acceptable settlement options once you have been contacted by the IRS.  We can assess quickly what options are available to you and even more important, get you that settlement with the IRS.  Scott Allen EA is here in Mesa Arizona to represent you.

Scott Allen E. A.

Tax Debt Advisors, Inc

www.taxdebtadvisors.com

 

Written by Scott Allen

STOP IRS ACTION – Substitute For Return

Stop IRS Action with SFR Protest

If you don’t file your tax returns, eventually the IRS will, based upon information about your gross income reported on a 1099, W-2’s, stock sales, sale of home and reported interest and dividends.  These returns are referred to as SFR’s for substitute for return by the IRS.  These returns are almost always incorrect and usually grossly overstate the true amount of taxes owed.

Many clients come to us with large SFR balances due that turn into refunds.  Remember that a refund that is older than three years is permanently lost and cannot be apply towards a balance due.  SFR balances cannot be discharged in a chapter 7 bankruptcy.  Only a return filed by a taxpayer can be included in a tax motivated bankruptcy.  There is a waiting period for this to happen.  The return must be filed for two years and it be three years from the due date and no IRS adjustments in the last 240 days.

If you have filed previously a joint return, the IRS will file an SFR using the married filing separate status which eliminate lots of tax advantages and has a higher tax bracket than married filing jointly.  The IRS gives not credit on SFR’s for dependents, mortgage interest, property taxes, charitable donations, auto license fees and deductible medical expenses to name just a few.

If you know that the IRS has filed SFR’s against you but you haven’t been contacted by them, consider yourself lucky and get your returns filed as soon as possible.  It can take several months for the SFR unit to adjust your assessed taxes down to its correct balance and the IRS will take collection action on the higher balance until this occurs. Consider calling Scott Allen EA to handle this process for you. He will have to sign Power of Attorney so we can represent you from start to finish. He will make today a great day for you!

Scott Allen E. A.

Tax Debt Advisors, Inc

www.taxdebtadvisors.com

 

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

 

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

 

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