Regular Post
Written by Scott Allen

Successful IRS Offer in Compromise requires professional assistance from Tax Debt Advisors

Gilbert AZ Offer in Compromise

A Gilbert AZ Offer in Compromise is a challenging process.  Most successful Offers require professional assistance.  Not because the forms are that difficult but due to the time and attention it takes to keep your Offer flowing through the IRS system.  Most rejected Offers are lost in the process or when transferred to the next person assigned to your case.  The other problem is that so many Offers are rejected due to errors or incomplete information that it is easier for the IRS to find something wrong with your Offer and reject it than to process the paper work.  When the IRS does contact the taxpayer for information, the deadlines are very tight to respond.  Any deadline missed will result in a rejected Offer.

Tax Debt Advisors near Gilbert Arizona has the experience and expertise to monitor your Gilbert AZ Offer in Compromise from start to finish.  If you would like a free Gilbert AZ initial consultation regarding an Offer in Compromise, call 480-926-9300 today.

 

IRS Problems, IRS Tax Payment Plan, IRS Wage Garnishment, Offer In Compromise
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Regular Post
Written by Scott Allen

Tax Debt Advisors, Inc.—Offer in Compromise Facts

Avondale AZ IRS Offer in Compromise Facts

An Offer in Compromise (OIC) allows Avondale AZ taxpayers to settle their tax debt including interest and penalties for less than the amount owed under certain circumstances.  If there is no way you are going to pay the tax debt owed or the IRS liability creates a financial hardship the IRS will consider a lower payback amount.  The IRS takes into consideration your ability to pay, your income and necessary living expenses and any equity you have in assets.

The IRS must be convinced that the government is better off accepting a lower amount than trying to collect the full debt over the remaining statute of limitations.  Not everyone in Avondale AZ qualifies for an OIC or the OIC amount is higher than what the taxpayer can afford.  All taxpayers should consider all other available settlement options before selecting an OIC.

Scott Allen E.A. of Tax Debt Advisors, Inc. has been representing taxpayers before the IRS on all settlement options including OIC.  If you are interested in a free consultation, call 480-926-9300 to schedule an appointment.

 

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

Tax Debt Advisors knows IRS Audit Procedures for Peoria AZ taxpayers

Remember that a Peoria AZ IRS audit means that you are being investigated for filing a return and not paying the taxes according to IRS Code.  One must always be truthful with information disclosed to an auditor; but you are not under obligation to give more information than what is requested.

Retaining professional assistance on an audit from someone who is not local is like paying a dentist to do dental work who isn’t available to represent you before an auditor unless you pay for them to fly or travel to your appointment.  It just isn’t financially practical.

Schedule a free consultation with Scott Allen E.A. of Tax Debt Advisors and meet with someone you can talk to face to face.  Scott can be reached at 480-926-9300.  Tax Debt Advisors has been representing taxpayers in IRS audits since 1977.

– – info@taxdebtadvisors.com

IRS Problems, IRS Tax Audits
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Regular Post
Written by Scott Allen

Tax Debt Advisors—What is the Collection Appeals Program (CAP)?

The Collection Appeals Program or CAP offers you a chance to have a hearing with the Phoenix AZ IRS Office of Appeals.  You will get this opportunity before the IRS files a tax lien in Phoenix AZ.  The IRS knows the impact filing a tax lien will have on your finances and your ability to borrow.  Your credit score will be significantly lower once the IRS files a tax lien.  This program can also protect you from wage garnishments, bank levies, IRS seizures and other IRS enforcement actions.  The IRS gives you the right to have your side of the story heard and to have an impartial person, an Appeals Officer, determine what kind of action should be taken by the IRS or not taken by the IRS.  The Appeals Officers has much more latitude to compromise or set up a settlement that is easier to comply with compared to an IRS Revenue Officer or IRS Agent.

Scott Allen E.A. of Tax Debt Advisors offers a free initial consultation.  Tax Debt Advisors has been representing clients before the Phoenix AZ IRS Appeals Office since 1977.  Call today at 480-926-9300 to schedule your appointment.

taxdebtadvisors.com

– – info@taxdebtadvisors.com

IRS Appeals, IRS Problems, IRS Tax lien problems
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Regular Post
Written by Scott Allen

Tax Debt Advisors—How does an IRS tax lien affect my credit score?

You will notice your credit score nosedive significantly once the IRS files a tax lien against you in Scottsdale AZ.  It is much easier to prevent a tax lien than getting one removed after the fact.  Also, once a tax lien is filed your credit will be damaged even if the IRS releases your tax lien.  If you are seeking a loan and you have a Scottsdale AZ certificate of IRS lien release, most banks will give you a loan but you may still have to pay a higher interest rate simply because the lien was filed in the first place.

Once a lien has been filed, your only real option is to take the matter to the IRS Office of Appeals.  The first question the Appeals Office will ask you is why you didn’t you file an appeal before the tax lien was filed.  And you better have a good reason.  Ignoring IRS notices until you want something is not the best way to win friends and influence people at the IRS.

Some IRS options will either eliminate the tax lien (Offer in Compromise), or eliminate the tax debt and possibly the tax lien (Chapter 7 Bankruptcy).  Scott Allen E.A. of Tax Debt Advisors has the expertise to minimize the negatives of having an IRS problem.  He is available for a free initial consultation and can be reached at 480-926-9300.

taxdebtadvisors.com

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

Tax Debt Advisors—Do I qualify for Tempe AZ Innocent Spouse Relief?

Most Tempe AZ taxpayers who are married file jointly to get many tax benefits denied to married filing separate returns.  Both taxpayers who file jointly are liable for the tax debt including any interest or penalties—jointly and severally even if they later divorce.  Joint and several liability means that each taxpayer is liable for the entire debt.  This is true even if one spouse earned all of the income or claimed improper deductions and credits.  Even if a divorce decree states that a former spouse is responsible for any taxes due on joint returns previously filed, the IRS will come after both spouses for the entire amount.

There are three types of relief from joint and several liability:

  • Innocent Spouse Relief—will protect you from the additional tax over and above what you owed on your originally filed return, from under reported income or improper deductions and credits taken on original return.
  • Separation of Liability Relief—allocates the additional tax owed between your and a former spouse that was not reported on your originally filed joint return.  The allocated amount is what you are responsible for.
  • Equitable Relief—may apply when you do not qualify for innocent spouse relief or separation of liability relief for an improperly filed joint return which is attributable to your spouse.

You must apply for Tempe AZ innocent spouse relief or separation of liability relief not later than 2 years after the date the IRS first attempted to collect the tax from you.  For equitable relief, you must apply for relief during the statute of limitation period the IRS has to collect the tax.

If you are seeking a free initial consultation for these types of relief from taxes owed, contact Scott Allen E.A. of Tax Debt Advisors.  Schedule your appointment by calling 480-926-9300.

taxdebtadvisors.com

 

IRS Appeals, IRS Problems
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Regular Post
Written by Scott Allen

Tax Debt Advisors—IRS Levy Facts for Gilbert Arizona residents

Avoid Gilbert Arizona IRS Levy with Representation

Pedro was represented by Scott Allen EA of Tax Debt Advisors and avoided an IRS Levy in Gilbert Arizona by protesting an IRS SFR tax return and eliminating the entire tax bill due. See the notice below. This is just one of many ways Scott can represent you before the IRS as power of attorney.

Avoid Gilbert AZ IRS Levy

Actions the IRS can take if you continue to avoid the situation

  • IRS is legally entitled to take and keep any money levied from a bank account if you owe IRS taxes up to the amount of taxes owed.
  • IRS is legally entitled to levy up to 80% of you salary until all of your tax liability is paid off.
  • IRS is legally entitled to levy up to 15% of your social security retirement monthly income.
  • IRS is legally entitled to lien all your assets until you pay off your IRS tax debt.

UNLESS…

You have IRS help from someone with expertise in IRS matters; not just a part of their business but the entire focus of their business.  Tax Debt Advisors has resolved over 114,000 IRS tax debts since 1977, that’s over 46 years.  Scott Allen E.A. has helped hundreds of clients at dozens of companies get their levies released.  Some of the companies include:

  • Banner Thunderbird Medical Center
  • Arrowhead Hospital
  • Midwestern  University
  • Sanderson Ford
  • Cabela’s

Don’t face the IRS alone and wish you had gotten professional advice after the fact.  Call Tax Debt Advisors near Gilbert AZ at 480-926-9300 for a free initial consultation.  You will be glad you did!

www.taxdebtadvisors.com

 

IRS Levy, IRS Problems, IRS Tax Audits
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Regular Post
Written by Scott Allen

Call Tax Debt Advisors to understand your Chandler Arizona IRS Tax Audit Rights

If you feel you are a “victim” of an IRS audit all is not lost.  You have 30 days to request a Hearing before the IRS Appeals Office.  If you are at this point, you need professional help.  Scott Allen E.A. of Tax Debt Advisors has the expertise to negotiate on your behalf before the IRS Office of Appeals.  Appeal Officers have more latitude for compromise than IRS Auditors.

Tax Debt Advisors near Chandler AZ offer a free initial consultation to review where we can successfully negotiate a reduction or elimination of the taxes, interest and penalties owed from your initial IRS audit.  We can be reached at 480-926-9300.  He will not take your case unless it is in your best interest.

www.taxdebtadvisors.com

– – info@taxdebtadvisors.com

IRS Problems, IRS Tax Audits
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Regular Post
Written by Scott Allen

Call Tax Debt Advisors to prepare records for Scottsdale AZ IRS Audit

Even if every deduction and expense reported on your tax return is 100% correct, you will have them disallowed if your records are not organized properly for your IRS audit.  This is where an IRS professional near Scottsdale AZ will get the IRS to accept your returns as filed by making sure you have documented your expenses appropriately.

Call Scott Allen E.A. of Tax Debt Advisors as soon as you receive an IRS Audit Notice.  Scott offers a free initial consultation and can be reached at 480-926-9300.  You will only work with Scott from beginning to end.  He handles all IRS audit clients.

www.taxdebtadvisors.com

– – info@taxdebtadvisors.com

IRS Problems, IRS Tax Audits
0
Regular Post
Written by Scott Allen

Tax Debt Advisors: The choice to handle your IRS Tax Audit in Phoenix AZ

If you have received a notice from the IRS that you have been selected for an audit your first reaction probably is a good indicator of whether you need an IRS professional in or near Phoenix AZ.  Everyone has a natural negative reaction, but if you are struck with panic, that is another matter.  Scott Allen E.A. is qualified with many years of experience to represent you before an Phoenix AZ IRS auditor.  If your fear is due to knowledge that you have taken deductions you shouldn’t have taken or income you did not report, let Scott know that right up front.  You need his assistance to avoid the 75% fraud penalty.

Success from an audit comes as much from being organized for the audit as it does from the strategy to explain your position.  Auditors want to get through the audit as quickly as possible and if you are organized they are less likely to try to turn over every stone.  Organized taxpayers appear to not have anything to hide—so don’t.  Contact Scott Allen E.A. at Tax Debt Advisors if you want a free consultation to see what he can do for you.  Scott can be reached at 480-926-9300.  Tax Debt Advisors has been advising clients with IRS problems since 1977.

www.taxdebtadvisors.com

– – info@taxdebtadvisors.com

IRS Problems, IRS Tax Audits
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