Written by Scott Allen

IRS Audit Tempe AZ: Find help here

IRS Audit Tempe AZ help: Don’t delay the process

Being an American citizen we all will get audited at least once during our working years. If you are prepared; you should not have any fear. Dealing with an IRS audit Tempe should be more of an inconvenience then it is fearful.  Scott Allen EA can help with that “fear factor” by making the audit process as convenient as possible for you. What is meant by the word convenient? By giving him an IRS power of attorney he can represent you by speaking and negotiating to the IRS directly for you.  By allowing him this authority your fear level will drop.

Below is just a small example of how Scott Allen EA of Tax Debt Advisors helped in a IRS audit Tempe for a current client.  About a year after Liz filed and received her refund for tax year 2013 she received a proposed bill in the mail from the IRS for just over $1,000. This proposed bill came from information reported to the IRS that was not reported on her original filing.  In 2013 she was forgiven of some debt by a creditor.  This is a taxable event in most cases.  Upon discussion Scott determined that Liz should not have to pay taxes on the debt forgiveness because she qualified to exclude it from income based upon an insolvency test. If a taxpayer is insolvent they are not required to pay taxes on forgiven debt up to that amount. It still has to be reported on her taxes; just as non taxable. Scott protested the IRS’s assessment of the tax with proper explanation and tax forms to justify it and got the proposed tax bill completely reduced to zero.

IRS Audit Tempe AZ

IRS Audit Tempe AZ

Don’t go at an IRS audit Tempe alone. Meet with Scott Allen EA for a free evaluation of your tax matter whether it be an audit, unfiled tax returns, or settling back IRS debt.

Written by Scott Allen

Stop IRS Levy in Phoenix

What is one way to stop IRS levy in Phoenix?

First off, there are many options to stop IRS levy in Phoenix.  The quickest but not always easiest way is to pay the liability in full. Now why would someone want to do that?  Well, if they know they owe the tax, have assets or income to justify paying the debt off it could be in their best interest to do so. If a tax lien has not been filed against your credit; full payment will prevent that. If you are under a levy, the levy will be release immediately.

However, for those of us that cannot full pay the liability or doubt the IRS’s claim in tax debt owed their are other options.  Agreeing to a monthly payment plan will also stop IRS levy in Phoenix.  Depending on your proposal and size of IRS debt will determine the length and complexity of the process. Financial information most likely will need to be provided to substantiate your income and expenses. To get help with a payment plan negotiation to stop (or prevent) an IRS levy contact Scott Allen EA with Tax Debt Advisors.  This is exactly what he did for his client mentioned in the notice attached below. Ron came in to meet with Scott to discuss the IRS levy notice he received.  Working together they were able to put a stop of the IRS levy, file some back tax returns and get a payment plan with the IRS setup.

Stop IRS Levy in Phoenix

Stop IRS Levy in Phoenix

To get help with you back tax return filings, stop IRS levy, prevent a tax lien, or to settle your debt once and for all speak with Scott Allen EA to discuss your options.

Written by Scott Allen

Phoenix AZ IRS Offer in Compromise

Completed and approved Phoenix AZ IRS Offer in Compromise

Congratulation to Michael on his successful Phoenix AZ IRS Offer in Compromise. The process took about 14 months from start to finish but when you can settle your $445,000 IRS debt for about $22,000 in total it would be considered a great day. That is the kind of day Michael had. The IRS will consider an Offer when the amount offered represents the most they can expect to collect within a reasonable period of time.  A reasonable period of time to the IRS varies in each individual case but its typically the remaining amount of time left to collect the debt. The IRS has a ten year period to collect a debt from when the tax return was filed.  Each tax year will have its own expiration date.  It important to understand that not everyone qualifies for an IRS offer and it may not be the best available option for everyone either.  What if Michael’s IRS debt was only 9 months away from expiring? Scott Allen EA would not have prepared and submitted an IRS offer. He would have negotiated a non collectible status or minimal payment plan and let the debt expire. It would have been a easier and cheaper option for him all around. Because Michael still had 7.5 years left remaining on his statute they elected to go the Phoenix AZ IRS Offer in Compromise route.

To see what an IRS Offer in Compromise acceptance letter looks like view the images below.

Phoenix AZ IRS Offer in Compromise

Phoenix AZ IRS Offer in Compromise

Phoenix AZ IRS Offer in Compromise

Phoenix AZ IRS Offer in Compromise

Scott Allen EA of Tax Debt Advisors is a family owned and operated business in the greater Phoenix area.  His tax practice specializes in the negotiation of IRS settlements whether it be a payment plan, non collectible status, offer in compromise, appeals and abatement, or qualifying for bankruptcy. Its important that the person you hire to be your power of attorney is comfortable with all these settlements and can properly advise and qualify you for one. To sit down with Scott Allen EA pick up your phone and schedule a consultation with him. He will make today a great day for you.

Written by Scott Allen

IRS payment plan Phoenix AZ for $665 per month

For an IRS payment plan Phoenix AZ: Call Scott

Joseph was a client of Scott Allen EA to help negotiate his IRS payment plan Phoenix AZ. Joseph had recently defaulted on his prior arrangement with the IRS due to a temporary financial hardship his family was going through.  However, through the process of negotiations Scott Allen EA re-established a new agreement for them in the amount of $665 per month to satisfy all his delinquent tax debt. As long as Joseph continues to file and full pay his future tax obligations his IRS payment plan Phoenix AZ will stay intact.

 

IRS payment plan Phoenix AZ

IRS payment plan Phoenix AZ

If you need the services of:

Scott Allen EA can help. contact him today. He can be reached at 480-926-9300 and his office is conveniently located in Mesa at 3155 E Southern Ave Suite 101.

Written by Scott Allen

IRS Penalty Abatement

If at first you don’t succeed, at least try one more time: IRS Penalty Abatement

Scott Allen EA will be the first to admit that IRS penalty abatement isn’t for everyone.  If the IRS did not issue penalties then no one would file or pay timely. With that being said if Scott Allen EA determines are are a viable candidate he will fight for you.  This is what he did for a recent client on a large tax bill on the 2013 tax return.  The penalty for filing your taxes late is 5% a month up to five month or 25%.  This becomes a rather large number especially when you tax bill is over $350,000.

These taxpayers were under the assumption that a tax extension had been prepared and filed by their CPA, and that the taxes were filed within the extension deadline of Oct 15, 2014.  Long story short it become known to the taxpayers later on that the ball was dropped and a 25% (or $77,710.27) penalty was assessed.  Scott felt a success could be had with this case and that there was a viable shot at getting the $77,710.27 late filing penalty removed.  Worst case scenario is they deny us; which they did actually back in February 2016.  Scott applied again using form 843 and this time was successful.  About two years past the deadline and five hours of work was worth about $$77,710.27.  By viewing the IRS account transcript below you can see the IRS removed the late filing penalty April 2016.  There is still a large debt to be paid but today its a little bit lighter.  Scott Allen EA was also able to negotiate that debt into a reasonable payment plan for the taxpayers.  Mission accomplished.

IRS Penalty Abatement

IRS Penalty Abatement

Scott Allen EA’s office is located in Mesa AZ at 3155 E Southern Ave #101 Mesa AZ 85204 and can be reached at 480-926-9300

Written by Scott Allen

5.4.2016 Stop IRS Levy in Gilbert AZ

Stop IRS levy in Gilbert AZ the right way

Steven was in desperate need to stop IRS levy in Gilbert AZ right away.  He knew he had messed things up when he was behind on filing and paying his taxes.  He was referred to Tax Debt Advisors by a friend who was also in a similar situation.  Upon giving Scott Allen EA a Form 2848 Power of Attorney he was able to get in contact with the IRS for him, put a stop to the levy, and work out a game plan to get Steven back in compliance.  View a copy of the actual levy release notice below.

Stop IRS Levy in Gilbert AZ

Stop IRS Levy in Gilbert AZ

If you might be in need to stop IRS levy in Gilbert AZ, or better yet, prevent one from occurring give Tax Debt Advisors a call today.  Fixing an IRS problem is broken down into three clear cut steps.  By going to this website you can learn more about those steps.  If you have a large IRS debt, have unfiled tax returns to prepare, or just confused on what you need to do Scott Allen EA can help you along.  As your IRS Power of Attorney he can walk side by side with you each step of the way.

Written by Scott Allen

IRS Settlement – Case Closed in Mesa AZ

Would you like to have your IRS Settlement – Case Closed?

If you live near Mesa AZ and think you might qualify for an IRS settlement – Case Closed then give Scott Allen EA a call to schedule for a free evaluation.  Shane met with Scott Allen EA and did exactly that.  What does Case Closed actually mean?  To find out more information click here.

IRS Settlement - Case Closed

IRS Settlement – Case Closed

What qualifies a person to qualify for an IRS settlement – Case Closed in Mesa AZ?  First, all required tax returns must be filed.  If there are any back tax returns that are unfiled Scott Allen EA will assist in that process.  He can file all of your back tax returns even if you don’t have any records.  As your IRS power of attorney he will be your representative before the IRS.  Its important to remember that there isn’t just one IRS settlement option but rather about six different options.  Getting a currently non collectible status is just one of those options.  A currently non collectible status does not mean your IRS debt went away.  It is still there, it still accrues interest, however the IRS cannot collect on it.  Fortunately IRS debt have expiration dates and so some clients will stay in this status until their IRS debt expires.

Scott Allen EA will help you navigate your IRS situation to the best possible solution allowable by law.  Every option has something good (and not so good) about it.  It is important to know all of these so you can make an informed decision that you will feel good about.  Scott Allen EA will make sure you feel relieved about your IRS settlement choice.  Speak with him today.

Written by Scott Allen

Sal and his Mesa AZ IRS installment arrangement

Sal needed a Mesa AZ IRS installment arrangement and got it.

Sal and his wife were receiving threatening garnishment notices from the IRS.  They both draw social security income along with their normal jobs.  The IRS wanted to garnish 15% of their social security income along with his wife’s W-2 wages.  Obviously, this would be something they could not handle for very long.  They had also not filed their 2012, 2013, and 2014 income tax returns.  The IRS will not work out an agreement with someone if they are not in compliance with all of their tax filings.  Scott Allen EA had his work cut out for him to get everything done in a timely manner and to stop the IRS wage garnishment notices.  View the Mesa AZ IRS installment arrangement accomplished in Sal’s behalf.

 

Mesa AZ IRS installment arrangement

Mesa AZ IRS installment arrangement

Unfortunately in this tax resolution industry there are a lot of false promise made by competitors.  Most of these competitors (if you can call them that) are out of state companies that hire sales people to get cases.  They will typically say anything to get a new client.  They promise them “pennies on the dollar” settlements after only talking to them for five minutes and knowing nothing about their specific case.  Don’t be fooled into believing their story on what they can do for you.  No one can guarantee results without doing a financial analysis of your IRS situation first.  More then likely you will not get what you are expecting to receive with an out of state company and overpaying for that as well.

With Scott Allen EA there is no sales person.  You will only work directly with him in negotiating your Mesa AZ IRS installment arrangement or whatever settlement option you qualify for.  He will represent you from beginning to end by going through the steps necessary to complete your settlement and getting you the best that the law will allow.  If you need IRS back tax returns filed he can get you caught up with all your tax filings as well even if you have lost all your records.  Get told the truth the first time by working with a local company.  Call and speak with Scott Allen EA today.

Written by Scott Allen

Find out how you can settle IRS debt in Phoenix AZ

What ways can you settle IRS debt in Phoenix AZ?

Edward utilized currently non collectible status as his way to resolve his IRS debt.  By using the services of Scott Allen EA, Edward was able to stop all collection activity from the IRS, file his back tax returns, and aggressively negotiate a currently non collectible status.  View the document below to see the actual approval letter directly from the IRS.

Settle IRS Debt in Phoenix AZ

Settle IRS Debt in Phoenix AZ

Scott Allen EA meets with clients on a daily basis who want to settle IRS debt in Phoenix AZ.  They share, “Scott, I owe the IRS $30,000, I am paying $500 a month and this debt doesn’t seem to be going anywhere.  I just want to settle it”.

While it may seem at $500 a month your debt is not going anywhere; in actuality it is.  It is just going to take four or five years.  The IRS has 10 years to collect a debt from when the debt was assessed.  According to the IRS guidelines, if you can pay your IRS debt back within a reasonable period of time you are not going to see a reduction of that debt in most cases.  For those taxpayers that do, the program is called an offer in compromise.  If accepted, the IRS has determined that the taxpayer cannot pay off the debt within the remaining statute of limitations and they would be better off accepting a lump sum settlement today.  For those that qualify this is a fantastic deal.  Based upon recent statistics only about 3% of taxpayers qualify for this offer in compromise program.  For the other 97% of us, we are left with the rest of the settlement options available.  Scott Allen EA has successfully negotiated installment arrangements and currently non collectible status’s for the past 10 years.  Many clients have been able to qualify their taxes to be discharged in bankruptcy as well.

To be evaluated in ALL the ways to settle IRS debt in Phoenix AZ give Scott Allen EA a call today.  This is his niche and his expertise. He can be reached at 480-926-9300.

Thank you.

Written by Scott Allen

Settle IRS Debt in Mesa AZ: Revised

Have you considered revising your agreement to settle IRS debt in Mesa AZ?

This is what Jody decided to do.  He came in to met with Scott Allen EA to get his IRS payment plan adjusted.  View his new IRS agreement below.

Settle IRS Debt in Mesa AZ

Settle IRS Debt in Mesa AZ

What options are there to settle your IRS debt? Typically there are six different ways.  The list below will go over what those options are.  Click on them to read further details.

1. Let it expire
2. Suspend it
3. Adjust it
4. Pay it
5. Compromise it
6. Discharge it

For Jody his best solution was #4.  For you it may be a different option or utilizing more them one option before the debt gets settled.  If you view option #6 you will see the different bankruptcy options to settle IRS debt in Mesa AZ. Probably most people that meet with Scott Allen EA are unaware that their IRS debt might be dischargeable under Chapter 7 or Chapter 13 bankruptcy.  To evaluate that option consult with Scott Allen EA today.  Another option people are often unaware of is #1.  Did you know IRS debt has an expiration date?  Yes, the IRS only has so long to collect your debt.  Many clients let the debt expire and never pay a dime of their remaining debt.

Don’t get into a settlement option with the IRS without evaluating all six different solutions.  That is what Scott Allen EA will do for you.  Contact him today to schedule a time to meet and get the process started. 480-926-9300

 

 

 

1 7 8 9 10 11 18