HOW TO NEGOTIATE IRS DEBT

To most people, the Internal Revenue Service is a mystery. It collects taxes and can make your life miserable. But beyond that, how the IRS operates is relatively unknown. This is one of the reasons why, when an individual or business owes a significant debt to the IRS, sleepless nights […]

HOW BOOKKEEPING AND THE CHOICE BETWEEN CASH AND ACCRUAL METHODS OF ACCOUNTING CAN DRAMATICALLY IMPACT THE OUTCOME OF A SMALL BUSINESS TAX COLLECTION CASE

Accrual of Tax Liability | Installment Agreement | TaxFortress.com

To some business owners, the accounting part of their business is the last thing they want to deal with.  “Leave that to the accountant or bookkeeper and let me get to work” is the sentiment I get from a lot of small business owners. Poor Bookkeeping Can Lead to the […]

ONCE AGAIN, CONGRESS INSTRUCTS IRS TO OUTSOURCE COLLECTIONS TO PRIVATE COMPANIES

IRS Uses Private Collection Agencies | FAST Act | TaxFortress.com

On December 4th, 2015 President Barack Obama signed into law the “Fixing America’s Surface Transportation Act” to improve the Nation’s surface transportation infrastructure. Also referred to as the FAST Act, the legislation included a provision which requires the Internal Revenue Service to outsource certain tax debts to private debt collection […]

Barking Up the IRS Chain of Command: Getting Results by Working the Bureaucracy

IRS Appeals | Offer In Compromise | Tax Relief Help

Recently I was engaged in a heated discussion with an IRS Appeals Settlement Officer. The subject was an Offer in Compromise (Tax Settlement) I had filed on a client’s behalf. The IRS did not want to approve our Offer because they noticed that my client had been late with a […]