Brotman Law Featured in Inc. Magazine - Fastest Growing Law Firm in California

rs-irs-tax-debt-resolution

What Does the IRS Appeals Process Look Like?

by
VideoBG12

So IRS appeals is supposed to be an independent body that is neutral and that’s designed to resolve disputes with the IRS prior to going to tax collections. In reality Appeals is staffed with a bunch of former auditors and a bunch of former collection agents however we’ve had a lot of positive experiences in the course of Appeals in this firm so I like dealing with appeals. I find the appeals process is generally fair and impartial and generally yields a pretty good result depending on the circumstances. Now the good news with appeals is that the auditor is not involved in the process at all. The auditor has taken

Key Takeaways

  • So IRS appeals is supposed to be an independent body that is neutral and that’s designed to resolve disputes with the IRS prior to going to tax collections.
  • the time to prepare and submit an audit report which gets forwarded to appeals, but you have the opportunity before the case gets to the appeals officer’s desk.

Read more

What Is the IRS Collections Process?

by
VideoBG8

People not paying their taxes is a very serious issue for the IRS. It’s something that we as taxpayers call the tax gap. The IRS collection process is an increasingly serious step of collection measures designed to get people in compliance and make sure they stay in compliance. One of the reasons people complain about penalties and interest so often is they’re a deterrent that the IRS uses to make sure that you don’t owe money on your taxes. When you see liabilities rise by 25, 30, 40 % or even higher, it’s going to make you think twice about not paying your taxes, but the IRS doesn’t just issue penalties and interest.

Key Takeaways

  • People not paying their taxes is a very serious issue for the IRS. It’s something that we as taxpayers call the tax gap.
  • The IRS starts by taking increasingly serious actions such as garnishing your wages, levying your bank accounts, putting liens against your property and a whole host of other measures designed to force you back into compliance.

Read more

What Are my Options If I Owe More Money Than I Can Pay to the Government?

by
VideoBG7 1

So assuming that you can’t full pay your liability, you have a couple of different choices. First if you only need a temporary solution, you can request the IRS give you up to a hundred and twenty day extension to pay your taxes. The IRS will usually do so with little fuss. If you need more than that, the IRS is going to mandate that you get on a payment plan:

Key Takeaways

  • So assuming that you can’t full pay your liability, you have a couple of different choices. First if you only need a temporary solution, you can request the IRS give you up to a hundred and twenty day extension to pay your taxes.
  • what we call an installment agreement. The IRS is going to want to see measurable progress towards paying off your liabilities based on your financial circumstances and the amount that you owe.

Read more

How Much Is it Going to Cost for Brotman Law to Defend Me in the IRS Collection Process?

by
Video One

In the IRS collection process, there’s a lot of answers to that and obviously my answer in terms of cost is going to be very fact dependent on how much you owe the IRS and what the situation is and whether or not you have a local agent chasing you and so on and, so forth. But I’ll generally say this. It’s situations where we can get our head around the issue, just pretty much every one of them and we formulate a plan in place, the steps to resolve that plan are usually not that bad. Resolving IRS collections is pretty straightforward because the IRS uses a formula for resolving collections matters in terms of what they’ll accept or not accept. If you understand that formula you can understand where the cracks are and you can navigate around it to the benefit of the client but the reality of the situation is, as I usually tell my clients, how much do you want to pay the IRS and how much could you pay them if you absolutely had to? So between those two numbers we usually get a range and the more reasonable

Key Takeaways

  • the client is willing to be with the IRS, and some are not willing to be reasonable, but the more reasonable it is, generally speaking, the closer and lower cost it will be to deal with the issue.
  • I like to take the position that IRS collection cases are a marathon and not a sprint so the idea is I need to be actively working with my clients to conserve their resources to make sure that we’re doing the best we can to get them over the finish line.

Read more

Generally, What Is Brotman Law’s Strategy in IRS Collection Cases?

by
Video One

Key Takeaways

  • Topic: Generally, What Is Brotman Law’s Strategy in IRS Collection Cases?
  • Generally, what I tell my clients is “throw whatever the IRS wants out the window and let us focus on you and your situation.
  • There is a certain amount that you are going to need to provide for yourself, to provide for your family, and to live the life that you’re accustomed to living.

Generally, what I tell my clients is “throw whatever the IRS wants out the window and let us focus on you and your situation. There is a certain amount that you are going to need to provide for yourself, to provide for your family, and to live the life that you’re accustomed to living. And once we figure out a way to sustain that or sustain that as much as reasonably possible, then we can worry about massaging the IRS into the equation. Ultimately, IRS Collection cases come down to two basic decisions.

Read more

The Different Steps in the IRS Collections Process

by
IMG 1221

There is a lot of confusion among many of my clients about the IRS collections process and what actions the IRS is able to legally take against the taxpayer. People who owe see a series of increasingly threatening letters and I often get panicked phone calls from taxpayers who think that the IRS is going to take their house because of the $5,000 balance they have accumulated. 

Key Takeaways

  • There is a lot of confusion among many of my clients about the IRS collections process and what actions the IRS is able to legally take against the taxpayer.
  • To help soothe fears, I wanted to trace the lifecycle of a balance due to the IRS in order to better educate you on exactly how the IRS collections process works.
  • Generally, it takes approximately four weeks for the IRS to process a current tax return and eight weeks for the IRS to process a return for an older year. In some cases, however, there are a number of things that may cause a delay in a return being processed.

Read more

How a Tax Attorney Can Help With Your Income Taxes

by
Lobby 1

Most of the time, taxpayers can handle personal income taxes without too much trouble but there are times when a tax attorney can be either a handy resource or a required partner. 

Key Takeaways

  • The IRS vs. The FTB
  • Two Big Reasons to Hire a Tax Attorney
  • When to Hire an Attorney
  • Frequently Asked Questions About Tax Attorneys
  • What Is the Difference Between a Tax Attorney and a CPA?

Read more

Brotman Law Featured in Inc. Magazine - Fastest Growing Law Firm in California