The IRS has completely revamped its offer in compromise guidelines to greatly increase the number of taxpayers who will be able to qualify. Our tax attorneys will be revisiting many of the offers in compromise that are pending, and we recommend that all tax lawyers, enrolled agents, and CPAs who…
According to a complaint Part 2) filed by the California Attorney General against a well known tax debt problems through tax debt resolution services. Deutch tells clients that once they retain Roni Deutch A P.C., the clients are not legally obligated to continue making installment payments to the IRS. *…
Last week, two Congressmen introduced The Tax Compromise Improvement Act of 2009, new legislation intended to encourage taxpayers to settle their tax debts by submitting Offers In Compromise (OIC) to the IRS. Current law mandates a nonrefundable 20% down payment be submitted with each OIC application. A mandatory non-refundable fee,…
Sometimes taxpayers want to be “creative” in filling out IRS Form 433-A (Collection Information Statement for Wage Earners and Self-Employed Individuals). Stephen Miller got too creative, and he was found guilty of tax evasion in violation of Internal Revenue Code § 7201. He was sentenced to 46 months imprisonment. The…
The United States Tax Court held that the IRS did not abuse its discretion when the Appeals Division upheld a notice of intent to levy issued under Internal Revenue Code § 6330. In West v. Commissioner, TC Memo. 2008-30, the Wests had obtained an offer in compromise from the IRS,…
The United States Tax Court recently held that it could not consider a couple’s offer in compromise based upon doubt as to liability since it was a challenge to the underlying tax liability. In Baltic v. Commissioner, 129 T.C. No. 19 (2007) the Internal Revenue Service (IRS) had issued a…