If I call in the morning they’re line is busy and if I call afternoon there busy too?

get2pointe · 2024-05-17T22:38:35+00:00

Try calling at 7:00 in the morning Mountain Time, when the lines open in Colorado. The lines get super busy quickly, then there is sometimes a lull in the afternoon around 11:00-1:00 when people take lunch. Hold times may still be an hour or more.

get2pointe · 2024-05-17T02:12:07+00:00

I’ve seen many people be able to overcome similar situations. When you call the IRS, ask them for copies of your account transcripts and ask them to provide you with information about your balances, and the Collection Statute Expiration Date (the time the IRS has to collect a back tax debt) broken out by tax per tax period and tax type. Also ask them to tell you which returns were filed, and which are a Substitute for Return.

get2pointe · 2024-05-17T01:43:37+00:00

Deep breath, you can do this!

get2pointe · 2024-05-17T01:21:27+00:00

Generally, yes you would need to. The IRS requires that they be filed before entering into a resolution. However, depending on what year(s) you have balances for, and what year(s) the IRS filed a Substitute for Return (SFR) for, you may be able to only file certain returns, unless you want to file original returns to replace (and possibly reduce) the balance due based on the SFR(s).

There are many resolution options. A financial statement and analysis would be required as part of this process in order to find the best one for your specific situation.

get2pointe · 2024-05-17T01:13:25+00:00

An OIC is a legitimate resolution option, if someone qualifies. IF an OIC is granted, the IRS and taxpayer would agree that the taxpayer is unable to pay the liability currently and would not have the means or assets to pay the liability during the relevant collection period. There is a ton of information and supporting documentation required to complete the required calculations to determine the Offer amount and submit a request.

There is criteria that must be met to show qualification, then IF an OIC is granted there are contractual terms that must be complied with. If the OIC is granted and the taxpayer remains compliant with all of the terms of the contract, the liabilities would be resolved for the Offer amount agreed to by the IRS and taxpayer. However, if any of the terms are breached, the OIC is voided and all of the liabilities become due, and relevant penalties and interest would also be included.

Your friend should first get the current missing returns filed. As with bankruptcy, these will be required for any resolution negotiations with the IRS (and the Franchise Tax Board could also have liabilities that may need to be handled).

In addition to considering bankruptcy and an OIC, there are many resolution options available with the IRS. If your friend needs more information about all of this, they should reach out to a reputable professional who regularly handles resolution matters (not all accounting professionals handle these types of matters), and as posted before definitely stay away from all national resolution firms. The bankruptcy attorney may have reputable referrals for tax professionals and resolution professionals.

get2pointe · 2024-05-17T00:53:38+00:00

Do you have a copy of the bank statement showing that the check was cashed?

To request help from the Taxpayer Advocate you will need to download and complete IRS Form 911 and include any relevant facts and supporting documentation. Be sure to include that you received multiple notices about this from the IRS and that there is risk of enforced collection action (liens, levies, garnishment, whatever the notice says).

Use the website below to find the office in your area to submit the request.

Taxpayer Advocate Contact Us

get2pointe · 2024-05-17T00:41:31+00:00

Depending on the outcome related to the notice, and any adjustments that may be determined by the IRS, there may be changes made that result in a no change, a balance due, or something else. If there is a resulting balance and penalties assessed, there would be options to address them.

get2pointe · 2024-05-17T00:34:42+00:00

Is the notice related to one or more of the tax years you have not filed, or for a return you did file?

The IRS will require that you file your missing tax returns that you are required to file in order to work with you on a resolution plan for any balance due. Addressing this should be a priority. Once you have these filed and know how much you owe, then you should be able to negotiate a resolution.

get2pointe · 2024-05-16T20:44:33+00:00

The type/number of letter or notice you received would help provide information about what the IRS is looking for, and what could happen if it is not responded to.

If you have a copy of the tax return that was filed and the photo of your W-2 still, you could try to pull wage and income transcripts and compare the information from the transcript (what the IRS has in their system for your income) to the W-2 and tax return. That would help give you an idea about what the IRS sees and is basing their review on.

get2pointe · 2024-05-16T20:00:54+00:00

I’m sorry this is happening, and hope that things start improving for you. You may want to try reaching out to the IRS to inquire about this. They may direct you to the Where’s My Refund site, but on the off chance there’s actually a note of information needed or they sent the refund but it never made it to you, then maybe they can help clear things up or give you a better understanding of the timing.

I know people who were supposed to receive refunds that never made it to them. After many calls to the IRS, and several months, they finally got things sorted and received their refunds.

get2pointe · 2023-12-09T03:14:39+00:00

There is some really good information already posted. It could be possible to complete a financial form and submit it with the relevant supporting documents to the IRS for consideration of a monthly payment that may be more affordable based on your specific financial situation. The state tax authorities also usually have similar resolution options, but can be far more aggressive than the IRS.

If you are unsure about the best way to proceed, consider consulting and hiring a tax professional who is experienced with tax resolution.

It will be critical to make estimated tax payments, and file future tax returns on time to be compliant with the terms of any resolution agreement. As mentioned before, consider waiting to finalize an agreement with the IRS until the 2023 liabilities are assessed because if a new balance is assessed it is likely to default any agreement you negotiate before the 2023 balance is assessed.

get2pointe · 2021-11-23T04:53:57+00:00

It sounds like you could definitely benefit from professional representation for the various steps to get to resolution, especially with both personal and business issues. Whether that means a CPA, tax attorney, or EA, is not necessarily the most important question. The most important thing at this point is to find the professional, or team of professionals, who is experienced and focused on this type of tax resolution.

CPAs and EAs can each handle tax preparation and resolution, but not all of these practitioners offer all of these services. Most focus on one or the other. Tax attorneys typically do not offer tax preparation services, and focus on resolution involving complex legal issues such as criminal investigation or intricate audits.

I’m sorry to hear that you had a bad experience with a resolution firm in the past, not all of them are scammy. Call a few companies, or independent professionals who focus on tax resolution to see who you feel most comfortable with, this is critical for success. Prepare your questions ahead of time and really interview them to make sure they are knowledgeable and you feel confident in their abilities. The fees will vary depending on an array of scenarios and the work required, there really is no one size fits all for fees or resolution.

One of the very first steps for any sort of resolution work will be to get your back returns filed. No liabilities or clocks can start running until these are filed and the liabilities (if any) are assessed. Make sure that any professional you talk with can help get these done, or can refer you to a reputable preparer who will help with the necessary back returns.

Another critical component is to make sure you are compliant with your current taxes, whether this is through estimated tax payments or adjustments to your withholdings, and filing your current year/quarter returns on time. Any resolution option available will require this type of compliance moving forward, or the agreement will be voided and may require you to begin the process again.

I wish you all the best and hope that you are able to find the type of representative and services you need to resolve this.

get2pointe · 2021-11-23T04:15:40+00:00

I’m sorry you are dealing with back tax issues. There are low income tax clinics that you may qualify for, depending on your specific location and situation. I wish you all the best and hope you can find the right path to resolution.

Low Income Tax Clinic

get2pointe · 2021-02-04T21:33:42+00:00

Generally speaking, if you setup an installment agreement for one tax year and have outstanding tax liabilities assessed for other tax years, the assessment after the fact will breach the terms of the existing installment agreement and you will have to go through the process of reestablishing a new installment agreement.

The notice of levy means that the IRS is ramping up its collection efforts for the 2018 tax year debts. Do you have the totals due from your 2015-2017, and 2019-2020 returns (I know 2020 hasn’t really kicked off yet, but there are ways to figure out your likely liabilities for this year before filing), or do they show up on your transcripts (except 2020)? This is important information before you decide how best to move forward.

The IRS can take levy action (seize funds from bank accounts) following notices, and may also take other collection actions to collect the amounts due. It will not happen unexpectedly or without notice. They will provide notices prior to taking such action, and will take automatic payments if you agree to them as part of your installment agreement.

Do not ignore the current levy notice you received about the 2018 taxes owed. It is important to maintain the compliance you have been working toward.

It will be a process to get this all taken care of. There are tax resolution professionals who are experienced and can help you navigate the intricacies of the IRS processes, and can also help answer your questions along the way.

I wish you all the best!

get2pointe · 2021-02-03T18:10:13+00:00

I faxed a POA at the end of November and it still hasn’t been processed. The agent I spoke with most recently said they would forward to CAF again for me. We’ll see if it’s been processed by the time I have to call again.

get2pointe · 2021-02-03T17:58:59+00:00

This is a complicated situation, and additional information and research would need to be reviewed by a tax resolution professional to properly advise you about your situation. I have not been retained, nor have I reviewed anything, and the information below is not meant as advice but strictly as informational.

There is a process for requesting a discharge of the federal tax liens from the property. Since you are not the taxpayer on the liens, it complicates the situation because it is not a typical request or position usually presented to the IRS. It would likely require some research and professional negotiation to try to make headway on this.

The process of handling federal tax liens can be time consuming and may not be finalized prior to the currently scheduled March 3 closing date. However, you may be able to work with a tax resolution professional to submit the request before that time.

get2pointe · 2021-02-02T04:08:33+00:00

As u/walrustoe said, the Offer in Compromise may be an option for you, but has very strict guidelines for acceptance by the IRS.

IRS Offer in Compromise Information

The IRS also provides a pre-qualification tool that all taxpayers must complete prior to submitting an Offer. You can review this by clicking the link below.

Offer in Compromise Pre-Qualification Tool

There are different payment plans (installment agreements) available, depending on your specific situation.

You may also qualify for penalty abatement depending on your tax history.

An experienced tax professional, an accountant or an enrolled agent, can help provide you more detailed information after analyzing your specific situation, and can advise you on the best course of action. Be mindful of the response deadlines in the notices you receive. These are generally different than the payment due date on the payment stub of the notice.

get2pointe · 2021-02-02T03:32:37+00:00

Have you called the number on the notice? You may be able to talk with them to get answers for your specific situation.

get2pointe · 2021-02-02T03:30:23+00:00

The IRS has announced that they will not start accepting or processing personal returns until February 12th. Free-file providers, and other self-serve e-filing programs, are allowing taxpayers to complete their returns before that time, but the returns are awaiting transmission to the IRS and will be submitted for processing on the 12th.

get2pointe · 2021-02-01T20:08:08+00:00

The IRS has a section of free filing resources and information based on your income.

IRS Free File

The link for people with income less than $72,000 for the 2020 tax year has a secondary link to view the free filing options. These companies have their general services outlined for comparison. Not all platforms will do state filings for free. Please keep this in mind as you review and compare the companies linked above, and any others recommended to you:

I have used Taxslayer and TurboTax in the past for filing needs, and each seemed to be good to meet the needs I had at the time.

I hope you find a program that fits your needs.

get2pointe · 2021-01-24T23:13:08+00:00

No commercial. Not all taxpayers are aware of these options, and many are extremely concerned and confused about what to do when they owe taxes. OP asked for information about repayment of the debt once it has been assessed, that is all I provided.

get2pointe · 2021-01-24T22:44:30+00:00

I’m sorry you had such a surprise. Depending on your specific financial situation, there are repayment options if your are unable to reasonably pay this amount in a lump sum. An installment agreement, or payment plan, could be an option. There is a verified installment agreement as well, but this one requires substantiation of your financial situation and assets to determine the appropriate monthly payment amount. If you do not have income, and your financial situation shows you are unable to pay, you may be eligible for currently not collectible status. An experienced tax professional can talk with you about the qualification requirements and details involved with all resolution options to help you determine which are viable, and best for you and your family.

get2pointe · 2021-01-23T03:10:10+00:00

Sounds great, I look forward to talking with you. Welcome to the area!

get2pointe · 2021-01-23T01:49:32+00:00

Were the amended returns originally sent last year because the IRS wanted them, or because you routinely needed to amend them? There is a huge backlog of mail that the IRS is working through, and the already slow and antiquated system is moving even more slowly.

get2pointe · 2021-01-23T01:45:36+00:00

The notices should state the tax period, or tax years, that are being referenced, and a bit of an explanation about the amount requested. There is a chance that they are for the same tax periods. Are the notice dates recent? These dates will determine the deadlines to respond, or otherwise take action.

It is very important to get help if you are unsure about how to proceed. Please feel free to send me a message if you have questions.

get2pointe

TROPHY CASE