Regular Post
Written by Scott Allen

Mesa’s Tax Debt Advisors will help you understand the IRS offer in compromise process

While your Mesa AZ IRS Offer in Compromise (OIC) is being reviewed:
  • Your application fee and payments will be applied to the tax liability.  These payments are non-refundable.  You have the option of designating what tax year you want the payments to be applied too.
  • The IRS may file a Notice of Federal Tax Lien to protect their interest in your assets in case your Mesa AZ IRS Offer in Compromise is rejected.
  • All collection activities cease.
  • The statute of limitations period is extended.
  • You must make all required monthly payments.
  • You are not required to continue with your installment arrangement (if you are in one).
  • Your IRS offer in compromise Mesa AZ is automatically accepted if the IRS takes longer than two years to make a determination, from the IRS receipt date.
As you can see there are many rules to be complied with during the IRS offer in compromise Mesa AZ process. Missing any payments or not following through in the mind of the IRS will cancel your offer and the process may have to be restarted from the beginning.  Scott Allen E.A. of Tax Debt Advisors has the experience to keep the IRS and your Mesa AZ offer in compromise free from any unnecessary problems.  Tax Debt Advisors offers a free initial consultation and can be reached at 480-926-9300 to schedule an appointment.

– – info@taxdebtadvisors.com

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

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

IRS Appeals, IRS Problems
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Regular Post
Written by Scott Allen

Call Tax Debt Advisors if you get an IRS Salary Garnishment

The IRS is primarily a federal government bill collector.  When your Chandler AZ salary is garnished by the IRS you need professional services.  When you try to decide who should represent you before the IRS consider the following:
  • We guarantee to get your Chandler AZ IRS salary garnishment released.
  • We have been representing Chandler Arizona clients since 1977, over 37 years.
  • We don’t take your case unless it is in your best interest.
  • We have represented Chandler AZ employees at hundreds of Arizona companies including Mayo Clinic Hospital, Maricopa County Community College District, Fry’s Food Stores and The Boeing Co.
  • If you need back tax returns filed before your garnishment is released we promise a 24 hour turn around on tax preparation.
  • We offer a free initial consultation to review your case and suggest the best option to get your IRS salary garnishment released.
Call Scott Allen E.A. at Tax Debt Advisors today.  He can be reached at 480-926-9300 and gives the highest priority to Chandler AZ clients with IRS salary garnishments.

 

Scott Allen EA

Scott Allen EA

IRS Problems, IRS Wage Garnishment
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Regular Post
Written by Scott Allen

IRS Audit Myth Number 4: By Tax Debt Advisors in Mesa AZ

I file on April 15th so I have less of a chance of being audited—most audits are determined by computer scores of each return that is filed regardless of when it is filed.  Perhaps this may have been true back in the good old days when returns were filed manually.  Now in the computer age, computers do most of the work and after you have been selected by the computer to be audited, you will receive a letter and your return will be assigned randomly to a local IRS auditor.

Rather than file and hope your Mesa AZ tax return will not be audited, file a tax return in Mesa AZ that you know will stand the test of an IRS audit.  That doesn’t mean that you cannot be aggressive but you must stay on this side of what the law will allow.  Scott Allen E.A. of Tax Debt Advisors in Mesa AZ has the experience of filing tax returns that will not be red flagged because of errors or taking deductions that are overstated.  The penalties and interest of filing an erroneous return will more than offset the short lived refund you have already spent.  Tax Debt Advisors offers a free consultation in Mesa AZ and can be reached at 480-926-9300 to schedule an appointment.

– – info@taxdebtadvisors.com

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

Phoenix’s Tax Debt Advisors—IRS Offer in Compromise (OIC) Details

If there is no way you could ever pay off the IRS during the remaining statute of limitation period, the IRS will allow, under certain conditions, a settlement for less than you owe.  The IRS knows they have to be careful to not encourage taxpayers that file and full pay on time each year to try to pay less by not paying and filing an Offer in Compromise in Phoenix AZ.  Our experience has been that taxpayers who file and full pay each year are much better off in their personal lives than those who qualify for an OIC. Phoenix AZ Offer in Compromise candidates have had some pretty amazing challenges that got them into trouble with the IRS.  It just isn’t a tax protest mentality that qualified them—if that were the case the IRS would reject flat out an Offer in Compromise Phoenix AZ application.

The IRS will consider your OIC if there is doubt they can collect the full amount, or there is some doubt as to the amount owed, or it would impose an unusually difficult hardship on the Phoenix AZ taxpayer.  Offers are usually granted to individuals or couples but they also can be filed by Corporations, Partnerships and Not for Profit Corporations.

If you are serious about filing an OIC and getting acceptance, you need professional assistance.  Scott Allen E.A. has the experience to advise you on your OIC amount, paperwork and follow-up with the OIC group.  Tax Debt Advisors offers a free consultation and can be reached for an appointment by calling 480-926-9300.

– – info@taxdebtadvisors.com

IRS Problems, Offer In Compromise
0
Regular Post
Written by Scott Allen

Arizona’s Tax Debt Advisors—Why are most IRS Offer in Compromise (OIC) Rejected?

Let’s just state the facts frankly.  Almost every taxpayer and most tax advisors are not competent and/or knowledgeable about the OIC filing requirements and the follow through needed to get an OIC accepted.  Many proper OIC applications are rejected because the IRS loses information or reassigns OIC cases to new agents and the hand off is not communicated properly.  The IRS is a huge bureaucracy that needs professional outside assistance to keep their attention on cases that will qualify for acceptance.

Consider Scott Allen E.A. of Tax Debt Advisors as your Arizona professional to file and monitor your OIC through the IRS maze.  Tax Debt Advisors in Arizona will not take your case unless it is in your best interest.  Tax Debt Advisors offers a free initial consultation and can be reached at 480-926-9300 for an appointment.  Call today for an appointment and find out why they have settled over 105,000 tax debts since 1977.

– – info@taxdebtadvisors.com

IRS Problems, Offer In Compromise
0
Regular Post
Written by Scott Allen

Tax Debt Advisors—Where can I get personalized services to resolve my Gilbert AZ IRS tax lien?

Tax Debt Advisors has been assisting clients with Gilbert AZ IRS tac liens since 1977—over 37 years.  Scott Allen E.A. has been involved in his family IRS Resolution business for over 20 years.  Scott is licensed to represent you before the IRS in all fifty states.  Tax Debt Advisors has resolved over 105,000 IRS debts.  Our office is here in Mesa, Arizona.  Beware of companies with toll free 800 numbers contacting you from out of state.  These companies have a poor record of service and can cost you dearly with delays.  Always work with someone local unless you have a referral from someone you trust. One of the reasons Tax Debt Advisors is still in business is that they will not take your case unless it is in your best interest.  You will always get straight answer and timely follow through service.

Scott Allen E.A. of Tax Debt Advisors offers a free initial consultation to resolve your IRS tax lien in Gilbert Arizona and can be reached for an appointment at 480-926-9300.

– – info@taxdebtadvisors.com

IRS Problems, IRS Tax lien problems
0
Regular Post
Written by Scott Allen

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

Glendale AZ Equitable Tax Relief

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.

IRS Appeals, IRS Problems, Tax Advisor
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Regular Post
Written by Scott Allen

Tax Debt Advisors help—What is an Offer in Compromise?

Tempe AZ IRS Offer in Compromise

An Offer in Compromise (OIC) is an offer to pay less than what you owe to the IRS and receive a complete settlement of all past tax debts, including interest and penalties.  The OIC program is only one of several ways to settle your Tempe AZ tax debt for less than what you owe.  IRS Form 656 and Form 433-A are the OIC accepted forms for individuals.  IRS Form 433-A Worksheet calculates the amount that needs to be offered.  The terms and conditions of the OIC include filing and paying on time your taxes for the next five years.  If you cannot file your individual tax return (1040) by April 15, you must request an automatic extension and file and full pay by the extension deadline.  The IRS approves only a small percentage of the offers submitted.  In 2004 only 16% of the OIC’s were accepted.  In 2010 the percentage was 24%.

It is a big mistake to file an OIC unless you are fairly certain you will have acceptance.  Interest and penalties continue to accrue as well as the statute of limitations.  If it takes the IRS 2 years to reject you OIC, you will come out of the process in much worse shape than when you submitted your OIC.

Tax Debt Advisors is next doors to Tempe AZ and has the experience to properly calculate and submit an OIC with a high degree of success.  Tax Debt Advisors has been assisting clients on Tempe AZ IRS problems for over 45 years.

 

IRS Appeals, IRS Problems, Offer In Compromise, Tax Debt
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0
Regular Post
Written by Scott Allen

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

IRS Appeals, IRS Problems, IRS Tax Audits
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