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.
Collection Action a Revenue Officer Can Take
The IRS revenue officers have broad latitude in contacting third parties for information on tax payers.
Asset Seizure
Generally speaking from an administrative level, it is difficult to seize assets that are not cash.
How to Resolve IRS Collections Issues
The first measure is the IRS will always allow you to pay them in full.
How to Pay the IRS in Full
The client is going to pay the underlying tax. If you have a situation where you’re willing to pay the underlying tax.
The 120 Day Extension to Pay
The IRS particularly if the client has a wonderful compliance history will grant an automatic 120-day Extension to Pay.
The Statute of Limitations on Collections
The Statute of Limitations also tolls in certain circumstances, meaning it can be extended. If you set your client up on a payment plan.
The Problems with Running From the IRS
They can put liens on you. That pressure doesn’t go away if you are not doing something to actively resolve your account.
Currently Non-Collectible Status
The IRS can make a determination and kick them out of it at anytime. With that said, it is a viable option for several reasons.