In this month's episode, I discuss completion of the dreaded IRS Form 433-A. Additional Resources: How to Complete IRS Information Statement Helpful IRS Video on 433-A Referenced Form Form 433-A Collection Information Statement (OIC)
How Do I Set Up an IRS Installment Agreement?
In this month's episode, I discuss the mechanics of setting up an IRS Installment Agreements. Additional Resources: Online IRS Payment Plan Agreement IRS Form 9465 Instructions IRS Form 13844 Reduced Fee App Additional Information Referenced…
What’s a Partial Pay Installment Agreement?
In this month's episode, I discuss IRS Partial-Pay Installment Agreements (PPIA). Additional Resources: Online IRS Payment Plan Agreement IRS Form 9465 Instructions IRS Form 433-A Collection Info. Statement Additional Information Referenced Form Form 9465 Installment…
What’s an IRS Installment Agreement?
In this month's episode, I discuss IRS Installment Agreements. Additional Resources: Online IRS Payment Plan Agreement IRS Form 9465 Instructions Additional Information Referenced Form Form 9465 Installment Agreement Request
How Do I Get an IRS Transcript?
In this month's episode, I discuss IRS tax transcripts and how to order them. Additional Resources: IRS Get Transcript Transaction Codes Pocket Guide IRM 21.2.3 Transcripts New Transcript Format FAQs Change of Address (Individual) Change…
What is the Statute of Limitations on IRS Refunds, Audits and Collections?
This month I discuss the law governing IRS refunds, audit and collection timeframes. Additional Resources: Don't Lose Your Refund by Not Filing IRS Statute of Limitations - Processes and Proc. IRM - Collection Statute Expiration…
What is an IRS Tax Audit?
In this month's episode, I discuss the ins and outs of IRS tax audits. Additional Resources: IRS Audits (Overview) Dealing with An IRS Audit (Blog Post) Pub 549 - IRS Collection Process Applicable Law: Collection…
How Do I Get an IRS Penalty Abatement?
In this month's episode, I discuss how to legally reduce IRS penalties. Additional Resources: IRS Penalties (Overview) Failure to File Penalty Failure to Pay Penalty Accuracy Related Penalty Failure to Deposit Penalty Applicable Law: Failure…
What Is an Offer In Compromise (OIC)?
In this month's episode, I discuss the ins and outs of an IRS Offer In Compromise (OIC). Additional Resources: OIC Pre-Qualifier Tool Understanding Your Tax Bill Offer In Compromise FAQs Referenced Forms: OIC 433(A) Individual…
What Do I Do if I Have Unfiled Tax Returns?
In this month's episode, I discuss the steps you need to take to regain filing compliance with the IRS. Additional Resources: Applicable Law: 26 IRC § 301.6020-1 Filing Past Due Returns (Small Business Owners) Unfiled…