Knowledge is Power when negotiating with the IRS. You must know what they know to be successful. I want to help you obtain that knowledge. This is a short introductory video to tell you a little bit about myself and the TAX videos discussed on my Channel. If… Read More
Blog
New Federal Court Case: Installment Agreements and Offer in Compromise Terms and Conditions
It is a good day when a Taxpayer receives an IRS Letter accepting his or her Offer in Compromise (“OIC”). However, the terms and conditions do not stop there. For 5 years following acceptance, there are several contractual obligations a Taxpayer must adhere to; so that the OIC… Read More
New CDP Due Date Requirements
Recently, a change to the Internal Revenue Manual (“IRM”) makes clear that in order for a Collection Due Process (“CDP”) Hearing request to be timely, it must show a post-mark date on or before the stated CDP due date (if requested by mail – the request may also… Read More
How to Tell your “Story” in IRS Offers in Compromise
I am often asked: how do you get an offer in compromise accepted? What is the most important thing to remember when submitting an offer in compromise? Tell your “Story” the right way! In 13 years of law practice and many successful Offers in Compromise, I tell you… Read More
Encouraging News from the World of Tax Bankruptcies.
Tax practitioners may be encouraged by a recent bankruptcy ruling in the Southern District of New York on June 22, 2020 (In re Starling, 125 AFTR 2d 2020-2587, Bankr. S.D.N.Y. 2020). Practitioners generally support the idea that late-filed tax returns, even those filed after an IRS Substitute of… Read More
Gambling Away Taxpayer Rights
IRS Notices with Expired Due Dates
The IRS should avoid to a soon-to-be distressing event for taxpayers. Professor Keith Fogg of Harvard Law (and head of its Tax Clinic) recently wrote an article discussing a time-bomb blog post by Erin M. Collins, the National Taxpayer Advocate. Professor Fogg details in good order her comments… Read More