We meet by appointment only, Call anytime in normal business hours.
We will talk to you at no charge over the phone to answer your general questions about the IRS Collection processes. Specific questions as to your best options depends upon the financial analysis of your situation cannot be done without first doing the work.
In advance, before we start work.
Zero return. Our job is to minimize the impact of the IRS on your life while working on a solution that eliminates the problem for both you and the IRS. We want to make the best deal possible with the government on your behalf, but this is not something you should categorize as a financial investment.
Simply request that we terminate our services. The first thing that will happen is that we will notify the IRS to revoke your Power of Attorney appointing us to represent you. Secondly, we will return any original documents (not copies) that we might have. Most fees are non-refundable unless specified otherwise in our original engagement letter.
Questions about our Service
We represent people who owe the IRS lots of money. Sometimes these claims by the IRS are justified and sometimes they are erroneous. We do the analysis work to determine what the best options are for the client. Once we have a strategy, we do the talking with the IRS to negotiate the best deal we can get with the IRS.
We do prepare returns where they are required to fix our client’s IRS problem. Typically, this is amending returns or filing multiple years for non-filers. We are not a 1040 factory.
Not directly. You need an attorney to represent you if you are concerned about possible criminal actions. We do not have the right to privileged conversations that an attorney has and could be forced to testify against you. We can work indirectly with you by having your attorney hire us to help him or her provide for your defense.
Questions about our Processes
Just call. Our preference is to work with a fixed fee agreement. Unfortunately, some problems such as delinquent payroll tax cases simply cannot be estimated and require a retainer with hourly rates.
All of our services require payment in advance. You can pay by credit card through PayPal if you like.
The initial phase in most cases involves an analysis of the client’s financial condition using the same information that the IRS will require from the client. Once we have the completed analysis, we can recommend the best options for that client. The work on this step cannot happen until the payment has been received and all the requested financial records have been received.
Lots. These documents are related to what you own and your expected future cash flow. These same documents will be required by the IRS for an Offer-in-Compromise, less than full-pay Installment Plans, or proof of an inability to pay.
We will send you a list of the documents needed to do the analysis work and those required by the IRS.
Absolutely, whatever method the client is comfortable with including Zoom. In-person meetings must be scheduled in advance.
Questions about IRS Processes
It all depends upon the financial situation. If their analysis shows that the taxpayer can pay the debt in full, they will make every effort to get it. The IRS has collections powers that go beyond those of commercial debt collectors. Most IRS personnel take their purpose of representing the government’s interests seriously and do not freely write-off balances due unless they can be convinced it’s in the governments best interest.
The statute of limitations for collections is 10 years. However, lots of things can extend that time including filing for bankruptcy, proposing an offer-in-compromise or submitting a request for a payment plan.
They have lots of tools. They can seize bank accounts, investment accounts including IRA’s and pension money. They can order your employer to send a big chunk of your paycheck directly to them. They can and will file lien notices wherever you have real estate.
It’s not their intention, but they very likely will file a notice of federal tax lien with your local courthouse. This filing will have a negative impact on your credit and trigger an avalanche of mail offering to get you out of your mess for ‘pennies on the dollar’.
You certainly can. Go to the IRS information page on Streamlined Installment Agreements for more information. If you qualify, they do not require any financial information.