We recently received good news from our audit reconsideration request that the IRS reversed a tax assessment in excess of $200,000 for back taxes against our Boca Raton client. Needless to say our client was extremely happy with the outcome…
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The Internal Revenue Service just announced it has adopted a "Taxpayer Bill of Rights" that is meant to provide taxpayers with a better understanding of their rights when dealing with back tax or audit problems. (more…)
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In my blog of February 17, 2014 I discussed the case of a West Palm Beach couple who prepared and submitted an offer in compromise that was rejected by the IRS. They offered $2,000 on an outstanding balance of $40,000;…
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I recently met with a married couple from West Palm Beach that prepared and submitted an offer in compromise in an attempt to settle their IRS back taxes. Unfortunately, the IRS rejected their tax settlement offer and they decided to…
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Our Boca Raton office recently represented a taxpayer before the IRS Appeals Office seeking penalty relief and was successful in removing the penalty due to reasonable cause. (more…)
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When a taxpayer seeks to reach a tax settlement with the IRS they may be required to consider the national and local IRS collection financial standards when calculating the amount they are expected to pay. Taxpayers in Boca Raton and…
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The IRS recently updated Form 9465 used by taxpayers to request an installment agreement or payment plan to pay back taxes. (more…)
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We just received notification from the IRS that a Doubt as to Liability Offer in Compromise ("DATL") we submitted on behalf of our client earlier this year was accepted resulting in a savings of approximately $225,000. If you qualify the…
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The Internal Revenue Service just announced it has rolled out a streamlined program designed to help small businesses under audit to quickly resolve their differences with the IRS. (more…)
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Have you recently received the results of an IRS audit of your tax return or that of your business and do not agree with the tax examiner's findings? If so, you have the right to appeal the adjustments made by…
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