Archive for the ‘Atlanta IRS Tax Problems & Offer in Compromise’ Category

Award Winning Johns Creek/Alpharetta CPA Presents Tax Resolution to Atlanta Taxpayers

Thursday, March 18th, 2010

Award Winning Johns Creek/Alpharetta CPA Presents Tax Resolution to Atlanta Taxpayers

As a CPA approaches a tax issue it is best to first review the reasons for the assessment/selection for an IRS audit. Frequently the audit selection is random but often, as well, there is a targeted reason for a taxpayers selection for an IRS audit. Frequently during this process it is discovered that it is not a payment issue but the original returns as filed need to be amended. After the determination of a just and fair tax, one can begin to adequately assess and make arrangements for the monies due. Great care should also be taken during this time to ensure that all payments and credits have been properly applied to the balance owed, as often-complex tax situations/scenarios will require additional review and analysis to fairly determine what is truly owed. Below is a sample letter that might be used to address IRS representation issues:

Internal Revenue Service, Atlanta GA 39901

Enclosed please find a power of attorney as I now represent the above referenced taxpayer. I am writing you in a good faith attempt to come to terms over the above taxpayers’ present predicament and to address the issues in their previously filed return filed by a preparer who was not a CPA.  

The taxpayers had no CPA/financial advising on tax law in the past and they have retained me to assist them in this endeavor. Please mark your file an additional 30 days so that I might have adequate time to pull all of the information required for you to complete your file. 

I look forward to working with you to address these issues. Please do not hesitate to contact me if you have any questions. 

Sincerely, John C. Dillard, CPA, PC, Partner in Charge 

http://www.hiscpa.com/article3.html Gwinnett/Duluth CPA Teaches Personnel Keys to Managing Business Growth
http://www.hiscpa.com/article6.html Alpharetta/Roswell CPA Teaches the Tax Effects of Entity Choice
http://www.hiscpa.com/marketing-efforts.html Norcross/Sandy Springs CPA on Tracking Marketing Statistics for Your Georgia Business 

And this is only some of the information available on our web site. You also have at our blog a host of other varied and timely tax and business management issues you can use. 

John Dillard, CPA of His CPA, PC (An Alpharetta/Duluth CPA) 1940 Woods River Lane, Duluth, GA 30097  Phone 770-814-9304   http://www.hiscpa.com/    http://www.john-dillard.com/ To retain John Dillard CPA (An Atlanta Christian Speaker/Author) for your business group or church congregation, you can contact him today at 770.814.9304 

Serving Lawrenceville/Snellville/Norcross/Roswell as an Award Winning CPA for Decades

Dare to Attempt Something so Great for the Kingdom of God that it is doomed to failure, lest Christ be in it! 

We advise clients on: IRS representation, Offer in Compromise, Tax Problems, Incorporation in Georgia, Corporate and Personal Income Tax Returns, Part-time CFO, Virtual Controller, Business Planning, Offer in Compromise, Back Taxes, Business Acquisitions/Sales, Forensic Accounting, Business Valuations and Bookkeeping.

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Alpharetta/Atlanta CPA Provides Tax Guidance for Atlanta Taxpayers Seeking Tax Relief from Levying/Collection Efforts on Back Taxes…While Seeking Penalty Abatement

Wednesday, March 17th, 2010

Alpharetta/Atlanta CPA Provides Tax Guidance for Atlanta Taxpayers Seeking Tax Relief from Levying/Collection Efforts on Back Taxes…While Seeking Penalty Abatement 

So you’ve just gone to your mailbox and much to your chagrin you have received an IRS notice. Your immediate reaction is one of fear and dread as your pulse races and you are not certain of what to do next. Although most certainly your initial reaction will be as described, there is a different path to resolving all audit issues to yours and the IRS’s satisfaction and to close your audit with no additional monies due. The first thing I always encourage taxpayers to do is to hire a CPA who is well experienced in handling tax issues, audits, levies, garnishments and collection efforts. For just as you might not be able to read a book and do your own major surgery so are your opportunities for success limited when you chose to represent yourself before the IRS. It is also noteworthy to consider whether a taxpayer might be a successful candidate for an Offer in Compromise and to carefully consider all the options before selecting the one that is best suited to address a particular client. Below is a sample letter that might be used to address old and previously unfiled back taxes: 

Internal Revenue Service, Atlanta GA 39901 

I am writing you in a good faith attempt to come to terms over the above taxpayers’ present predicament and to file all of their unfiled income taxes. Please suspend all collection efforts and the levy on the wages the taxpayer as I have previously forwarded on 2-20-10 all of the unfiled tax returns for the 2006 to 2009 tax years and have enclosed a check to pay the total tax and interest will requesting that the IRS abate the penalties. I had previously forwarded a check for $3,000 which we asked to be recorded as follows: 

 Tax Year              Tax Per Original Return (Return Enclosed)

2006                                                            1000

2007                                                            1000

2008                                                             1000

2009                                                             500

Total Original Taxes                         $3500

Add Estimated Interest                         500

Less 1-22-10 wage garnishment        1000

Total Check Enclosed                            $3000 

Please apply on the IRS records the above garnishments to the taxpayers original tax liabilities for the outstanding years. Then apply the check enclosed first to the original tax liability and then to the accrued interest assessed as determined above. After you have applied the monies as per the above, this would make the account reflect no original taxes nor interest due. 

I am asking you to abate all of the assessed penalties as the taxpayer has faithfully responded by meeting the due date we agreed to of filing the returns by January 15, 2010. Accordingly by nature of their response and the enclosed check for the difference I believe it is a just and fair request to abate all of the previously assessed penalties.            

Having a ongoing levy/wage garnishment against the taxpayers substantially impairs the taxpayers ability to address their ongoing financial obligations and indeed impair their ability to live, pay their past taxes and ongoing mortgage, medical costs etc. Accordingly please cease all collection efforts of the taxpayer while the IRS is able to process the above check to settle their account in full, abate their tax penalties, and to process the above checks being returned and to close their file, with no monies due. 

The taxpayers had no financial adviser in the past and they have retained me to assist them in this endeavor. At your earliest opportunity please call and confirm that the collection efforts have been stopped. 

Please do not hesitate to contact me if you have any questions. 

Sincerely, John C. Dillard, CPA, PC, Partner in Charge

I am looking to grow my business by adding key accounts like you with goals and aspirations just like yours.  So if you know anyone looking for a Good CPA, please let me know and to check me out at www.HISCPA.com  or our book ministry at www.John-Dillard.com Please be sure to allow 10 days for me to complete the returns.

John Dillard, CPA of His CPA, PC (An Atlanta Christian CPA firm) 1940 Woods River Lane, Duluth, GA 30097  Phone 770-814-9304   http://www.hiscpa.com/    http://www.john-dillard.com/ To retain John Dillard CPA (An Atlanta Christian Speaker/Author) for your business group or church congregation, you can contact him today at 770.814.9304 

His CPA PC…A Christian Atlanta CPA Firm: Never Underestimate the Long-Term Benefits 

Dare to Attempt Something so Great for the Kingdom of God that it is doomed to failure, lest Christ be in it! 

We advise clients on: IRS representation, Offer in Compromise, Tax Problems, Incorporation in Georgia, Corporate and Personal Income Tax Returns, Part-time CFO, Virtual Controller, Business Planning, Offer in Compromise, Back Taxes, Business Acquisitions/Sales, Forensic Accounting, Business Valuations and Bookkeeping

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Tucker/Alpharetta/Atlanta CPA on Effective and Directed Communication to Address IRS Tax Problems and Back Taxes

Friday, March 12th, 2010

Tucker/Alpharetta/Atlanta CPA on Effective and Directed Communication to Address Atlanta IRS Tax Problems and Back Taxes

Dealing with the IRS in addressing tax issues requires several things including first a good CPA who is well versed in tax law, has a proven and well documented record of success in dealing with the IRS and a dogmatic pursuit of helping taxpayers ensure they pay their lowest legal possible tax. Below is a example of such a piece of correspondence geared towards addressing open and unpaid back taxes and developing pragmatic opportunities for all involved to resolve unpaid taxes:

Internal Revenue Service

Atlanta, GA 39901 

RE: Client_______________SS#_____________for the tax years___________

Enclosures: A Power of Attorney 

Dear Sir or Madam, 

I am following up to my previous letters to get a detailed record of account for the above referenced taxpayer detailing all of their payments and their outstanding balance. Please cease all garnishment efforts on the above referenced client. A garnishment will be a financial blow to the clients that I do not anticipate they will be able to recover from to address both their Georgia monies owed as well as the federal Offer of Compromise that is presently pending in the IRS Appeals Office. 

I am following up on the taxpayers open monies due Georgia and the IRS and to set up an Installment Agreement thereon. I have previously forwarded for your review a copy of the last piece of correspondence regarding their IRS Offer in Compromise. As you can see from the previously forwarded correspondence the taxpayer has no substantive assets, cash flow or funds of any type. This is the most they are able to commit to at this time. Accordingly, please cease all garnishment efforts while this Installment Agreement is being processed.  

I have previously forwarded Installment Plan Request Form 4506 for the above referenced taxpayer listing the most that they would be able to commit to on an monthly basis as $125 per month. In this package the client has been able to commit to having a $325 monthly payment. We sent this request to be confirmed in writing on 02-23-10 and to date have not yet received any confirming correspondence. Accordingly I have asked the client to send a check for the first monthly payment by 4-1-10 and to continue to pay monthly until the account balance is paid in full. The taxpayers are desirous to settling all of their tax debts and this will be a positive step in that direction.  

Please accept this Installment Plan as originally forwarded. 

Please do not hesitate to contact me if you have any questions or need any additional information.

Sincerely, John C. Dillard, CPA, PC, Partner in Charge

Contact HIS CPA PC (A Christian Atlanta CPA Firm) today.

To learn more about addressing IRS Tax Issues and Back Tax Returns visit http://www.hiscpa.com/working-with-the-irs.html 

John Dillard is an Christian Speaker/Author and an Atlanta CPA. To See how he takes Christ along with him to work visit http://www.hiscpa.com/ and for his latest book Overcoming Life’s 9/11’s: Job’s Journey and a Voice of One: Nehemiah’s Prayer visit http://www.john-dillard.com/ or call John Dillard CPA today at 770.814.9304 (All Rights Reserved) Dare to Attempt Something so Great for the Kingdom of God that it is doomed to failure, lest Christ be in it!    

We advise clients on: IRS representation, Offer in Compromise, Tax Problems, Incorporation in Georgia, Corporate and Personal Income Tax Returns, Part-time CFO, Virtual Controller, Business Planning, Offer in Compromise, Back Taxes, Bookkeeping.

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Atlanta/Gwinnett/Fulton CPA Addressing Tax Issues Successful Tax Representation for Atlanta Taxpayers for Decades… The IRS/Tax Representation Series

Friday, March 12th, 2010

Atlanta/Gwinnett/Fulton CPA Addressing Tax Issues Successful Tax Representation for Atlanta Taxpayers for Decades… The IRS/Tax Representation Series

This is the Fourth article of the IRS & Tax Representation Series. Always be sure to tell the truth in all tax matters, audits and Offer in Compromise. 

Frequently I get questions that lead to some interesting conversations ranging from tax law to our faith and beliefs as Believers. Keeping Christianity Simple is what I believe Jesus came to teach and to share his message of love. But love, like all things of value can only be based upon the purity of truth. Recently I received this inquiry for a taxpayer who was undergoing an audit: 

I have a small business sole proprietorship and am being compliance audited on IRS Form Schedule C expenses. In preparing for the audit, I have discovered some mistakes I made when preparing my return in 2008 (double counting some expenses) and have lost some travel records for some trips I expensed. Should I mention this to the auditor or not?

A fellow Christian wants to know. Thanks! 

For whether you in the middle of an audit, submitting an Offer in Compromise, addressing back taxes or unfiled tax returns, putting your best foot forward requires one to deal in truth and truth alone. Though all taxpayers should aggressively work to get ever legal tax deduction they are allowed, they should always be grounded and interpreted under laws and statutes of tax code. You should absolutely mention this to the IRS agent and to ensure that this error is corrected and appropriate restitution is paid. To this end, I drafted the below in regards to the inquiry received: 

I would suggest always telling the truth. I also recommend you retain a CPA to help handle the audit as well as looking to incorporate your S Corporation for both tax savings and legal liability limitation. I will send you some information under separate cover.

Hope to meet you soon. 

In Him, John Dillard CPA, 770 814 9304

Paying Your Taxes – Withholding & Extensions for Metro Atlanta Taxpayers
Paying your taxes made easy. This section will enable you to quickly grasp the general guidelines of tax law requiring that you pay taxes as you earn money. As well, extensions and their uses and limitations are disclosed and discovered. Visit http://www.hiscpa.com/paying-taxes.html

How to Avoid an IRS Audit for Atlanta Taxpayers
Discover simple steps that you can do to help prevent an IRS audit. Though the tax code is at times very difficult to understand and comply, these basic simple steps will help you avoid an IRS audit. See http://www.hiscpa.com/avoiding-audits.html

Solving IRS Tax Problems: Submitting an Georgia Offer in Compromise
When all else fails and if you qualify, the IRS and Georgia both have a program which will enable you to work to solve the severest tax problems. Visit http://www.hiscpa.com/offer-in-compromise.html

Utilizing IRS Installment Plans for Metro Atlanta Taxpayers to Pay Your Past Due Taxes
The IRS has long been in the business of helping taxpayers get back into the system to ensure that taxpayers are able to pay their taxes over time. For those who do not qualify for an Offer in Compromise or to pay the taxes and interest in full, while seeking penalty abatement, an Installment Plan is a prudent and wise choice and alternative to get your past taxes due paid and current. See http://www.hiscpa.com/installment-plans.html

A Christian CPA Firm: Never Underestimate the Long Term Benefits

To learn more about tax entities and the taxation thereof visit http://www.hiscpa.com/article2.html There you will also discover a wide host of resources for Atlanta Entrepreneurs.

John Dillard is an Christian Speaker/Author and an Atlanta CPA. To See how he takes Christ along with him to work visit http://www.hiscpa.com/ and for his latest book Overcoming Life’s 9/11’s: Job’s Journey and a Voice of One: Nehemiah’s Prayer visit http://www.john-dillard.com/ or call John Dillard CPA today at 770.814.9304 (All Rights Reserved) Dare to Attempt Something so Great for the Kingdom of God that it is doomed to failure, lest Christ be in it!    

We advise clients on: IRS representation, Offer in Compromise, Tax Problems, Incorporation in Georgia, Corporate and Personal Income Tax Returns, Part-time CFO, Virtual Controller, Business Planning, Offer in Compromise, Back Taxes, Bookkeeping.

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Duluth/Alpharetta/Roswell CPA on Addressing Back Taxes/IRS Representation Problems With the Internal Revenue Service

Wednesday, March 10th, 2010

Duluth/Alpharetta/Roswell CPA Firm on Addressing Back Taxes/IRS Representation Problems With the Internal Revenue Service

For the individual or business taxpayer who has run afoul of the IRS and is dealing with seemingly overwhelming tax issues, there are words of wisdom to successfully resolve your tax problems, how to pay your taxes on a timely basis by properly utilizing withholding, estimated payments, and extensions. Though there are many things we can do to help you avoid tax problems and unnecessary penalties, we can also help you discover the general guidelines and rules of how to qualify for and process an Offer in Compromise. This is a process where both the Internal Revenue Service and the State of Georgia will reduce your bill to what you can afford to pay based upon detailed tax regulations, procedures, and careful compliance. Below is a sample letter one might use to begin to address unfiled and unpaid Corporate Income Tax Returns for Back Tax Years:

Internal Revenue Service

Atlanta GA 39901 

   

 

I am writing you in a good faith attempt to come to terms over the above taxpayers’ present predicament and to address all the monies they presently have open with the IRS, including both payroll taxes and income taxes.  I am willing/eager to supply you with any information that you might need in order to process their case and to pay any and all outstanding monies. Please forward to me a detailed record of account and summary of their open payroll and income taxes at your earliest convenience. 

I have just finished their corporate return for 2008 and will be working to get their 2009 return completed ASAP. 

I look forward to working with you to satisfactorily address all open client monies and to get all of their returns filed. 

Sincerely, John C. Dillard, CPA, PC, Partner in Charge 

John Dillard, CPA of His CPA, PC (An Atlanta Christian CPA firm) 1940 Woods River Lane, Duluth, GA 30097  Phone 770-814-9304   http://www.hiscpa.com/    http://www.john-dillard.com/ To retain John Dillard CPA (An Atlanta Christian Speaker/Author) for your business group or church congregation, you can contact him today at 770.814.9304

His CPA PC…A Christian Atlanta CPA Firm: Never Underestimate the Long-Term Benefits 

Dare to Attempt Something so Great for the Kingdom of God that it is doomed to failure, lest Christ be in it!

We advise clients on: IRS representation, Offer in Compromise, Tax Problems, Incorporation in Georgia, Corporate and Personal Income Tax Returns, Part-time CFO, Virtual Controller, Business Planning, Offer in Compromise, Back Taxes, Business Acquisitions/Sales, Forensic Accounting, Business Valuations and Bookkeeping.

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Lawrenceville/Snellville/Duluth CPA Advises on Seeking Penalty Abatement

Friday, March 5th, 2010

Lawrenceville/Snellville/Duluth CPA Advises on Seeking Penalty Abatement

Failure to pay penalties occur when a taxpayer, whether an individual or a business, do not meet/pay their tax obligations as they become due. These penalties are in addition to the failure to file penalties and often result in the additional cost of collection rapidly increasing the original amount due. If you can show good cause, the IRS often will work with taxpayers in the considering an abatement of these penalties. The below is a sample letter we might receive from a taxpayer to address open tax issues, penalties and interest.

We got a letter from GA state on taxes we owe  2007 & 2008  we ignored letter over a year ago, it was $2500. Now it is $4000, I can pay the $2500 but no way I can do 12 month payments on $4000. Any way they would take an offer of compromise for original amount ( about what I will get back on state) ?  we called and ask if we could pay it and they did not care. Is it hard doing OIC or should an accountant do it and what is the cost. Thanks

Here is my response:

Thanks for visiting www.HisCPA.com  I would suggest retaining me as your power of attorney paying the amount in full along with the interest, while asking for penalty abatement. Frequently we have learned this a viable alternative to other more costly options. Even if you did qualify an Offer in Compromise would cost as much/more than you owe. If you would like to discuss further please give me a call. 

http://www.hiscpa.com/article1.html Atlanta CPA Illustrates Difference Between Planning & Historical Accounting by North Fulton CPA
http://www.hiscpa.com/article3.html Gwinnett/Duluth CPA Teaches Personnel Keys to Managing Business Growth
http://www.hiscpa.com/article6.html Snellville/Lilburn CPA Teaches the Tax Effects of Entity Choice
http://www.hiscpa.com/marketing-efforts.html Norcross/Sandy Springs CPA on Tracking Marketing Statistics for Your Georgia Business 

And this is only some of the information available on our web site. You also have at our blog a host of other varied and timely tax and business management issues you can use. 

John Dillard, CPA of His CPA, PC (An Atlanta Christian CPA firm) 1940 Woods River Lane, Duluth, GA 30097  Phone 770-814-9304   http://www.hiscpa.com/    http://www.john-dillard.com/ To retain John Dillard CPA (An Atlanta Christian Speaker/Author) for your business group or church congregation, you can contact him today at 770.814.9304 

His CPA PC…A Christian Atlanta CPA Firm: Never Underestimate the Long-Term Benefits

Dare to Attempt Something so Great for the Kingdom of God that it is doomed to failure, lest Christ be in it! 

We advise clients on: IRS representation, Offer in Compromise, Tax Problems, Incorporation in Georgia, Corporate and Personal Income Tax Returns, Part-time CFO, Virtual Controller, Business Planning, Offer in Compromise, Back Taxes, Business Acquisitions/Sales, Forensic Accounting, Business Valuations and Bookkeeping.

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Gwinnett/Duluth GA CPA Firm Advises on Steps to Ensure an Successful Offer in Compromise/IRS Representation Experience

Thursday, March 4th, 2010

Gwinnett/Duluth GA CPA Firm Advises on Steps to Ensure an Successful Offer in Compromise/IRS Representation Experience

For taxpayers who has run afoul of the IRS and is dealing with seemingly overwhelming tax issues, there are words of wisdom to successfully resolve your tax problems, how to pay your taxes on a timely basis by properly utilizing withholding, estimated payments, and extensions. Though there are many things we can do to help you avoid tax problems and unnecessary penalties, we can also help you discover the general guidelines and rules of how to qualify for and process an Offer in Compromise. This is a process where both the Internal Revenue Service and the State of Georgia will reduce your bill to what you can afford to pay based upon detailed tax regulations, procedures, and careful compliance.

It is imperative for the CPA to work closely a taxpayer to help resolve tax issues, penalties, back returns, liens, levies and garnishments. Our keep it simple style in dealing with technically difficult and sensitive issues are embodied in our ability to keep you well informed of the progress on your account as it works its way through the tax system. Call us today to be sure that all of your rights are protected and that you pay only your lowest legal possible tax. Below is a sample letter we might send to ensure that all are aware of the steps involved as well as collections issues that will be forthcoming form the IRS, in the event all of the individual steps are considered and done so on a timely basis:

I wanted to be sure you are aware of the issues at hand and correspondence to date:  

-We initially met on  2-2-10 and discussed the urgency of filing all of your returns ASAP, getting your 2009 & 2010 tax payments current and submitting an Offer in Compromise, if you qualify, while going over IRS Form 433A, Form 433B and Form 656,

-On 2-15-10 I sent guidelines of the general rules and urgency of submitting an Offer in Compromise.

-On 2-22-10 I filed my Power of Attorney asking for time to file all of your returns and to file an Offer in Compromise.

-From 2-12-10 to 3-3-10 I see three separate pieces of correspondence as to you reminding of details and urgency to file Offer in Compromise, if you qualify ASAP. 

-Met with you on 3-4-10 to discuss urgency of addressing unpaid taxes.  

-This will confirm our discussions that you are aware of the need to pay your taxes as you go or the IRS will not even consider an Offer in Compromise.

-This will confirm our conversations that I suggest that ASAP after we complete the 2010 tax planning above that you retain a payroll service to pay/keep your taxes current.  

I will send you under separate cover information about keeping your filings and tax payments current.  

If you fail to meet the deadlines above I believe the IRS ASAP will:

-File Liens

-File Levies

-Seize Accounts/Assets

-Garnishment Income/W-2 wages.  

http://www.hiscpa.com/article1.html Atlanta CPA Illustrates Difference Between Planning & Historical Accounting by North Fulton CPA
http://www.hiscpa.com/article3.html Gwinnett/Duluth CPA Teaches Personnel Keys to Managing Business Growth
http://www.hiscpa.com/article6.html Alpharetta/Roswell CPA Teaches the Tax Effects of Entity Choice
http://www.hiscpa.com/marketing-efforts.html Norcross/Sandy Springs CPA on Tracking Marketing Statistics for Your Georgia Business 

And this is only some of the information available on our web site. You also have at our blog a host of other varied and timely tax and business management issues you can use. 

John Dillard, CPA of His CPA, PC (An Atlanta Christian CPA firm) 1940 Woods River Lane, Duluth, GA 30097  Phone 770-814-9304   http://www.hiscpa.com/    http://www.john-dillard.com/ To retain John Dillard CPA (An Atlanta Christian Speaker/Author) for your business group or church congregation, you can contact him today at 770.814.9304 

His CPA PC…A Christian Atlanta CPA Firm: Never Underestimate the Long-Term Benefits 

Dare to Attempt Something so Great for the Kingdom of God that it is doomed to failure, lest Christ be in it! 

We advise clients on: IRS representation, Offer in Compromise, Tax Problems, Incorporation in Georgia, Corporate and Personal Income Tax Returns, Part-time CFO, Virtual Controller, Business Planning, Offer in Compromise, Back Taxes, Business Acquisitions/Sales, Forensic Accounting, Business Valuations and Bookkeeping

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Gwinnett/Duluth GA/Tucker CPA Advises Atlanta Taxpayers While Evaluating Whether or Not to Submit and Offer in Compromise

Wednesday, March 3rd, 2010

Gwinnett/Duluth GA/Tucker CPA Advises Atlanta Taxpayers While Evaluating Whether or Not to Submit and Offer in Compromise

Staying on your “P’s & Q’s” with your taxes is essential but it is even more important when processing an Offer in Compromise to Address Back Taxes, IRS Representation & Submitting an Offer in Compromise. Below is a sample letter that I might sent a client to address such time sensitive tax planning issues:

I wanted to be sure you are aware of the issues at hand and correspondence to date: 

- I  originally forwarded to you the general rules of processing an Offer in Compromise detailing the urgency and details of submitting same.

-Then I filed my Power of Attorney asking for sixty days to file all of your returns and to file an Offer. If we are to meet this deadline I need your corporate and personal income tax data by this week. Then by the end of next week I will need a new Form 433A, Form 433B and Form 656, for you to give me an estimate of what your 2010 profits will be from each business so that we can tax plan for accordingly.

-Just this past week I sent you a e-mail detailing your commitment to file the 2009 corporate and personal income tax returns within ten days.

- I recently forwarded more correspondence to the IRS office asking that there be no collection efforts.

-Just yesterday I sent you data needed to properly prepare your returns.

-This will confirm our discussions that you are aware of the need to pay your taxes as you go or the IRS will not even consider an Offer in Compromise.

-This will confirm our conversations that I suggest that ASAP after we complete the 2010 tax planning above that you retain a payroll service to pay/keep your taxes current. 

I will send you under separate cover information about keeping your filings and tax payments current. 

If you fail to meet the deadlines above I believe the IRS ASAP will soon

-File Liens

-File Levies

-Seize Accounts/Assets

-Garnishment Income/W-2 wages 

http://www.hiscpa.com/article1.html Atlanta CPA Illustrates Difference Between Planning & Historical Accounting by North Fulton CPA
http://www.hiscpa.com/article3.html Gwinnett/Duluth CPA Teaches Personnel Keys to Managing Business Growth
http://www.hiscpa.com/article6.html Alpharetta/Roswell CPA Teaches the Tax Effects of Entity Choice
http://www.hiscpa.com/marketing-efforts.html Norcross/Sandy Springs CPA on Tracking Marketing Statistics for Your Georgia Business 

And this is only some of the information available on our web site. You also have at our blog a host of other varied and timely tax and business management issues you can use. 

John Dillard, CPA of His CPA, PC (An Atlanta Christian CPA firm) 1940 Woods River Lane, Duluth, GA 30097  Phone 770-814-9304   http://www.hiscpa.com/    http://www.john-dillard.com/ To retain John Dillard CPA (An Atlanta Christian Speaker/Author) for your business group or church congregation, you can contact him today at 770.814.9304 

His CPA PC…A Christian Atlanta CPA Firm: Never Underestimate the Long-Term Benefits 

Dare to Attempt Something so Great for the Kingdom of God that it is doomed to failure, lest Christ be in it! 

We advise clients on: IRS representation, Offer in Compromise, Tax Problems, Incorporation in Georgia, Corporate and Personal Income Tax Returns, Part-time CFO, Virtual Controller, Business Planning, Offer in Compromise, Back Taxes, Business Acquisitions/Sales, Forensic Accounting, Business Valuations and Bookkeeping.

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Duluth GA CPA on Fixing Back Taxes and Installment Plans with the IRS

Friday, February 26th, 2010

Duluth GA  CPA on Fixing Back Taxes and Installment Plans with the IRS

Tax law for a layman is most difficult to understanding tax law and even harder yet to adequately to adequately interpret and apply it. To that end documentation, sound written and verbal communication are essential to ensuring that all involved in addressing sensitive tax issues are well informed and versed on the many nuances affecting individual tax decisions. Understanding the “ripple effects” of business/tax decisions is essential to successfully resolving back taxes/tax issues for Atlanta taxpayers. Below is a sample of the correspondence that might be sent to assist a taxpayer when considering setting up an Installment Plan with the IRS:

I am mailing to you a copy of the tax lien received along with a power of attorney and Installment Agreement Request. I am resending the Power of Attorney as one you faxed back left off  bottom of second page. I am resending the Installment Agreement Request as it is old and does not reflect 2009 taxes, which we should also list if you do not plan to pay in full.
 
I suggest that if at all possible that we do your 2009 returns ASAP and that you pay any and all 2009 amounts owed in full and then for us to do an installment agreement on just the 2007 and 2008 tax years.
 

http://www.hiscpa.com/article6.html Alpharetta/Roswell CPA Teaches the Tax Effects of Entity Choice
http://www.hiscpa.com/marketing-efforts.html Norcross/Sandy Springs CPA on Tracking Marketing Statistics for Your Georgia Business 

And this is only some of the information available on our web site. You also have at our blog a host of other varied and timely tax and business management issues you can use. 

John Dillard, CPA of His CPA, PC (An Atlanta Christian CPA firm) 1940 Woods River Lane, Duluth, GA 30097  Phone 770-814-9304   http://www.hiscpa.com/    http://www.john-dillard.com/ To retain John Dillard CPA (An Atlanta Christian Speaker/Author) for your business group or church congregation, you can contact him today at 770.814.9304 

Dare to Attempt Something so Great for the Kingdom of God that it is doomed to failure, lest Christ be in it! 

We advise clients on: IRS representation, Offer in Compromise, Tax Problems, Incorporation in Georgia, Corporate and Personal Income Tax Returns, Part-time CFO, Virtual Controller, Business Planning, Offer in Compromise, Back Taxes, Business Acquisitions/Sales, Forensic Accounting, Business Valuations and Bookkeeping.

Serving Atlanta, Duluth, Gwinnett, Barrow, Bartow, Carroll, Cherokee, Clayton, Coweta,  Douglas, Fayette, Forsyth, Fulton, Gwinnett, Henry, Newton, Paulding, Pickens, Rockdale, Walton, Barrow, Bartow, Carroll, Henry, Newton, Bartow, Walton, Rockdale, Barrow, Spalding, Coweta, Dawson, Douglas, Fayette, Newton, Paulding, Spalding, Walton, Henry, Paulding, Douglas, Coweta, Canton, Covington, Douglasville, Druid Hills, East Point, Forest Park, Griffin, Lithonia, Mableton, McDonough, Milton, Mountain Park, Newnan, Powder Springs, Stockbridge, Union City, Villa Rica, Winder, Woodstock,  Smyrna, Sandy Springs, Marietta, East Point, Gainesville, Snellville, Buckhead, Buford, Peachtree City, Dunwoody, Kennesaw, Decatur, Conyers, Stone Mountain, North Fulton County, DeKalb County, Hall County, Clayton County, Cobb County, Forsyth County, Hart County, Jefferson County, Duluth, Atlanta, Alpharetta, Johns Creek, Lawrenceville, Milton, Norcross, Snellville, Roswell, Buford, Cumming, Grayson, Lake Hartwell, Suwanee, Sugar Hill, Loganville, Lilburn, Dunwoody, Gainesville, Decatur, Atlanta GA, Gwinnett County, North Fulton County, Cherokee County, DeKalb County, Hall County, Clayton County, Cobb County, Forsyth County, Hart County, Jefferson County, Duluth, Atlanta, Alpharetta, Johns Creek, Lawrenceville, Marietta, Milton, Norcross, Snellville, Roswell, Buford, Smyrna, Marietta, Cumming, Grayson, Hartwell, Suwanee, Sugar Hill, Loganville, Lilburn, East Point, Gainesville, Snellville, Buckhead, Buford, Peachtree City, Dunwoody, Kennesaw, Decatur, Conyers, Stone Mountain, Decatur. Sandy Springs, Peachtree City, Douglasville, Newnan, Griffin, Woodstock, Carrollton, Forest Park, Canton, College Park, Cartersville, McDonough, Riverdale, Fayetteville, Covington, Stockbridge, Conyers, Clarkston, Barrow, Bartow, Butts, Carroll, Cherokee, Clayton, Coweta, Dawson, and Douglas.

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Duluth/Gwinnett CPA Addressing Atlanta Taxpayers on Successful Tax Representation Problems for Decades… The IRS/Representation Series

Thursday, February 18th, 2010

Duluth/Gwinnett CPA Addressing Atlanta Taxpayers on Successful Tax Representation Problems for Decades… The IRS/Representation Series

This is the Third article of the IRS & Tax Representation Series. Tax Representation is not one where you can just “settle for just cents on the dollar.” There is not a magic pill that one can take to just make their tax problem go away.

We Don’t Strive to be the Biggest IRS Representation Service in America, We Strive to Give Our Clients the Highest Degree of Service Possible. 

Being well-coordinated and well-informed as a CPA and by working closely with our tax clients is the best way to stay coordinated and effective in the tax representation process. Below is a sample letter that might be sent to ensure positive “traction” and results: 

I have just finished with your 2007 to 2009 personal income tax returns and will get getting them out in the mail ASAP. Please be reminded that both the IRS and GA will not give you refunds or credits for any returns that are over three years past their due date. 

For all the Georgia returns I suggest you both sign and date then and file each in separate envelopes to the addresses listed on the 2009 GA Return. After considering the GA refunds loss (see above) you are due a net refund from GA . I would suggest you write a check to send along with the 2009 GA Return (this is the only GA return where there is a tax due) to pay taxes and estimated penalties and interest for that year.  

For all of the IRS Returns I suggest you both sign and date them and mail back to me so that I might file them with the IRS along with a letter detailing your overall tax obligation, what you have already paid against these taxes, a check for the remaining balance and a request for the IRS to abate the tax penalties previously assessed. 

So that I might properly address the taxes due the IRS, please get to me ASAP all of the prior payments and monies that have been applied to your account for the 2007 to 2009 tax years.

How Audits are Selected
Learning about how audits are selected is the first step to discovering how to overcome the emotional and financial distress that normally occurs as part of the audit process. Lifting this veil will help keep you on an even keel in learning how to deal with the IRS audit. Visit http://www.hiscpa.com/irs-selection.html

When the IRS Notice Arrives
Rather than beginning the process in fear, discover how you can better prepare yourself so that you are not surprised at the audit process and its ultimate results. By seeing through to the other side you can best ready yourself to close your audit with no adjustments and no additional monies due. See http://www.hiscpa.com/irs-audit.html

Solving Atlanta IRS Tax Issues
Don’t fight the IRS but work with them to resolve your tax problems. Discover a myriad of legal ways the IRS is eager and willing to work with you to resolve any unpaid debts, penalties, and interest. To learn more http://www.hiscpa.com/working-with-the-irs.html

Contact HIS CPA PC (A Christian Atlanta CPA Firm) today.

John Dillard is an Christian Speaker/Author and an Atlanta CPA. To See how he takes Christ along with him to work visit http://www.hiscpa.com/ and for his latest book Overcoming Life’s 9/11’s: Job’s Journey and a Voice of One: Nehemiah’s Prayer visit http://www.john-dillard.com/ or call John Dillard CPA today at 770.814.9304 (All Rights Reserved) Dare to Attempt Something so Great for the Kingdom of God that it is doomed to failure, lest Christ be in it!    

We advise clients on: IRS representation, Offer in Compromise, Tax Problems, Incorporation in Georgia, Corporate and Personal Income Tax Returns, Part-time CFO, Virtual Controller, Business Planning, Offer in Compromise, Back Taxes, Bookkeeping.

Serving Atlanta, Duluth, Gwinnett, Barrow, Bartow, Carroll, Cherokee, Clayton, Coweta,  Douglas, Fayette, Forsyth, Fulton, Gwinnett, Henry, Newton, Paulding, Pickens, Rockdale, Walton, Barrow, Bartow, Carroll, Henry, Newton, Bartow, Walton, Rockdale, Barrow, Spalding, Coweta, Dawson, Douglas, Fayette, Newton, Paulding, Spalding, Walton, Henry, Paulding, Douglas, Coweta, Canton, Covington, Douglasville, Druid Hills, East Point, Forest Park, Griffin, Lithonia, Mableton, McDonough, Milton, Mountain Park, Newnan, Powder Springs, Stockbridge, Union City, Villa Rica, Winder, Woodstock,  Smyrna, Sandy Springs, Marietta, East Point, Gainesville, Snellville, Buckhead, Buford, Peachtree City, Dunwoody, Kennesaw, Decatur, Conyers, Stone Mountain, North Fulton County, DeKalb County, Hall County, Clayton County, Cobb County, Forsyth County, Hart County, Jefferson County, Duluth, Atlanta, Alpharetta, Johns Creek, Lawrenceville, Milton, Norcross, Snellville, Roswell, Buford, Cumming, Grayson, Lake Hartwell, Suwanee, Sugar Hill, Loganville, Lilburn, Dunwoody, Gainesville, Decatur, Atlanta GA, Gwinnett County, North Fulton County, Cherokee County, DeKalb County, Hall County, Clayton County, Cobb County, Forsyth County, Hart County, Jefferson County, Duluth, Atlanta, Alpharetta, Johns Creek, Lawrenceville, Marietta, Milton, Norcross, Snellville, Roswell, Buford, Smyrna, Marietta, Cumming, Grayson, Hartwell, Suwanee, Sugar Hill, Loganville, Lilburn, East Point, Gainesville, Snellville, Buckhead, Buford, Peachtree City, Dunwoody, Kennesaw, Decatur, Conyers, Stone Mountain, Decatur. Sandy Springs, Peachtree City, Douglasville, Newnan, Griffin, Woodstock, Carrollton, Forest Park, Canton, College Park, Cartersville, McDonough, Riverdale, Fayetteville, Covington, Stockbridge, Conyers, Clarkston, Barrow, Bartow, Butts, Carroll, Cherokee, Clayton, Coweta, Dawson, and Douglas.

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