The IRS will place a lien on your property to secure payment of your tax debt. A Notice of Federal Tax Lien may be legally issued by the IRS only after the following 3 requirements are met: The IRS makes an assessment against the taxpayer; The IRS sends the taxpayer a written Notice and Demand for Payment; and The [...]
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02 Apr 2011 / Back Taxes, Blog Posts, IRS Collections, Liens and Levies, Unfiled Tax Returns
Tags: IRS harassment, irs liens, IRS Procedure, release of lien, tax liens
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18 Mar 2011 / Back Taxes, Blog Posts, Criminal Tax, Unfiled Tax Returns
The IRS has recently stepped up its non filer program and is now aggressively seeking to bring them into compliance. Many taxpayers are unaware that it is a crime not to file a tax return. Non filers often make the mistake of assuming that if they dont have the money to pay their taxes they [...]
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Tags: Back Taxes, failure to file, IRS Audits, irs crimes, tax crimes, Unfiled Returns
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14 Mar 2011 / Back Taxes, Blog Posts, IRS Settlements, Tax Debts
If you can’t pay your tax debt in full, you will have to completely disclose your financial circumstances to the IRS. There is no way to avoid this disclosure requirement other than making full payment. A taxpayer’s financial information is provided on one or more of the following prescribed IRS forms: IRS Form Number Description [...]
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Tags: 433a, 433b, irs collection information statement, IRS Collections, irs financial statement, IRS Procedure, tax collections
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11 Mar 2011 / Back Taxes, Blog Posts, Unfiled Returns
The New York Daily News reports that day-trader Marcos Esparza Bofill has been hit with a $172,000,000 IRS tax bill: He failed as a day-trader and barely survived in New York on a beer budget, but Marcos Esparza Bofill has been hit with a $172 million tax bill by the IRS. Esparza Bofill didn’t file an income [...]
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Tags: Back Taxes, delinquent taxes, failure to file, irs crime, irs fraud, sfr, substitute for return, tax crime, tax fraud, Unfiled Returns
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10 Mar 2011 / Back Taxes, Blog Posts, Criminal Tax
There are a number of possible federal tax crimes with which the United States Department of Justice may charge a delinquent taxpayer. Here are the most frequently brought charges. Failure to File Tax Returns The Law 26 U.S.C. § 7203 – Willful failure to file return, supply information, or pay tax Any person required under this title [...]
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Tags: failure to file, false return, irs crimes, structuring, tax crimes, tax evasion
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03 Mar 2011 / Back Taxes, Blog Posts, IRS Procedure, Penalties, Tax Court
National Taxpayer Advocate Nina Olson has issued her annual report on the most frequently litigated tax issues: Internal Revenue Code § 7803(c)(2)(B)(ii)(X) requires the National Taxpayer Advocate to identify the ten tax issues most often litigated in the federal courts, classified by the types of taxpayer affected. Through analysis of these issues, the National Taxpayer Advocate [...]
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Tags: collection due process, irs penalties, irs summons, quash summons, tax controversy, Tax Court, tax defense, tax litigation, tax penalties
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09 Feb 2011 / Back Taxes, Blog Posts, IRS Collections, IRS Procedure, Tax Debts
Far too often when an unrepresented taxpayer speaks to an IRS collection agent the agent lies to him by making one or more of the following statements: You must pay the debt or you will be criminally prosecuted If you don’t pay the debt in full within so many days, your assets will be seized It’s a [...]
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Tags: Back Taxes, delinquent taxes, fair debt collection practices, IRS abuse, irs collection agents, IRS harassment, IRS Settlements, tax collection, Taxpayer Rights
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10 Jan 2011 / Back Taxes, IRS Collections, Liens and Levies, Tax Problems
If the IRS has placed a lien on you or has issued a levy to your bank, your employer or your customers, you need to act quickly. What We Need From You In order to assist you in getting the lien removed and the levies released, we will need the following information from you: A legible [...]
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13 Feb 2009 / Back Taxes, Individual Tax Returns, Tax Return Preparation, Unfiled Tax Returns
If you owe the IRS back taxes and/or haven’t filed your tax returns in several years, you are probably having a hard time sleeping at night. Either that or you’ve moved to Canada. Most people who are behind in their taxes truly want to get back in good standing with the IRS. Usually they don’t do [...]
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Tags: Back Taxes, failure to file return, IRS Collections, irs financial statements, tax collections, unfiled return
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12 Feb 2009 / Back Taxes, Tax Problems, Tax Tutorials
In the last 25 years we have represented hundreds of clients who have been living in fear of the IRS for a very long time. Most of these clients, after we got them back in good standing with the IRS and on an installment plan to pay their back taxes, tell us they feel like [...]
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Tags: irs problems, Tax Problems, tax resolutions, tax stress