Overview of the IRS Collections Process for Non-Tax Lawyers – Introduction
Tax is an area of law that is highly specialized. It is one that touches multiple areas of law. In my experience as a tax attorney.
Who is Afraid of the Big Bad Wolf? – About the IRS
The IRS is a small organization that has very limited resources and relies on putting fear in the people to motivate them to action.
What Causes a Balance Due
The first is you file tax return showing a liability that’s owed to the government that is not paid.
Substitute for Returns (SFR)
The IRS will see a way to income information for that taxpayer or any number of other third party data sources.
Overview of IRS Examination Process: Three Types of Audits
The taxpayer will get a letter in the mail. The letter says, “Hi. We’re the IRS. We would like to challenge some of the information on your return.
How Tax Returns are Selected For Audit
I have several attorney clients. Attorneys by the way make the worst clients.
What Happens When You File a Return With a Balance Due
Tax returns generally are processed on the spot. They take about four to six weeks to work their way through the IRS system.
Automated Collection Systems
The goal of the ACS agent is to gather as much information on the account as possible, investigate possible collection sources.
More about Automated Collections Systems
The ACS agent to take very detailed notes about the call, discuss time tables and actions.
Tips for Dealing with Automated Collection Systems Agents
The first is you have to understand how the system works is ACS agents are in a bunch of call centers across the country.
What Happens when the IRS Cannot Collect on a Taxpayer
When ACS gets frustrated or when the balance reached a certain dollar amount, they’ll kick it out to a Revenue Officer to.
Revenue Officers
the IRS revenue officer will go out, will do a more detailed asset investigation – perhaps pulling records.