Archive for the ‘Atlanta Offer in Compromise’ Category

How to Avoid an Audit from the IRS

Friday, August 20th, 2010

How to Avoid an Audit from the IRS

What You Don’t Know & Report Can Hurt You: Avoid Unnecessary Fines & Penalties

Much confusion exists over which records and documentation should be saved and for how long to support a tax return you prepare and file. Generally speaking you should save records so that if ever asked, you will be able to:

Show Income Sources

This may include your W-2, business income, copies of checks received, invoices, interest and dividend statements, social security, alimony, and K-1’s received from business interest. Documentation should be maintained such that all income and its source and type are readily available by reviewing the source document. If not readily ascertainable it would be advantageous to also save substantive collaborating information.

Keeping  Copies of Receipts, Expenses & Itemizations

You will want to be able to prove all items taken on your return if ever asked. For most taxpayers this would include items such as mortgage interest, real estate and personal property taxes paid, medical and dental expenses, casualty losses, moving expenses, state and other taxes, charitable contributions, alimony, employee business expenses, IRA’s, dependent care expenses, tuition, closing statements, invoices, bank statements, student interest, etc.

This is a partial list and only a sampling of the types of items you would want to save. The totality of what you would need to save would be best served by a review of the prepared return, then ensuring that you have copies of all of the deductions claimed and proof of all dependents. Proof of payment should include the payee, amount, transaction date, check, bank statement, etc. Care should be taken to maintain documentation as prescribed by IRS statues for that year’s taxes in all of the above categories and indeed all deductions on your return. A detailed understanding of what substantiates a valid tax deduction is a critical part of this process as documentation standards, based upon type, vary substantially. 

By critiquing a client’s prior tax return a CPA can gain much guidance and information about a particular taxpayer. However there is no substitute for a CPA being keenly aware of all information that they receive from a client. The below is a sample letter that we might send to a client to ensure that all of the information is received to ensure that a timely and correct return is prepared thereby ensuring that only the lowest legal possible tax is paid:

For your 2010 Personal Return I do not yet have: 

Property taxes paid on your personal vehicles. 

Mortgage Interest & the Real Estate Taxes on Your Home. 

Last year you had $4,000 of charitable contributions, so far this year you have forwarded $200. Please review and advise. 

This will confirm your advice that: 

-You have not paid any federal or state estimated payments for 2010. 

-You have not yet retained a payroll service for your company and that I suggest you do so ASAP. 

-That you are a C Corporation for all tax years prior to 12/31/10 and that you are an S Corporation effective 1-1-11.                                                      

This is to confirm that you are handling all payroll and 1099 issues, your county property tax report, sales tax reports, your annual corporate registration, and your business license. 

Please be reminded that you are required to keep a by day log to support business miles and that I suggest you get to me fixed assets by year, item, and amount purchased so that we can prepare a detailed fixed asset list. 

We encourage you to look at adding a retirement plan so that you can both attract & retain employees and to start planning for your retirement. 

Please forward the data ASAP and the signed power of attorney being forwarded so that I can respond to the IRS 3-1-11 request for documentation. I will mail copy as a reminder ASAP

“Dare to Attempt Something so Great for the Kingdom of God, that it is Doomed to Failure Lest God be in it!”

 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/    (All Rights Reserved) 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. To discover John Dillard’s Published Books and their vision visit  http://www.john-dillard.com/

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/Atlanta CPA Saves. Taxpayer $26,000 plus in Previously Assessed IRS Tax Penalties

Friday, August 13th, 2010

Duluth/Atlanta CPA Saves. Taxpayer $26,000 plus in Previously Assessed IRS Tax Penalties 

Tax Representation is not for those who choose to represent themselves as just as Believers have Jesus Christ to be an Advocate with us with our Heavenly Father (Job 16:19), so should all taxpayers seek to work with a CPA who is well versed with tax representation issues. Recently we had the opportunity to retain a new client who had utilized the services of someone who was not a CPA nor familiar with IRS tax representation issues. Though it took some number of months to address adjudicate the issue, we recently received notification that the IRS abated over $26, 000 in Tax Penalties that had previously been assessed a taxpayer. 

Don’t be misled by services telling you can settle by services telling you can settle for pennies on the dollar, as this is partly but mostly not based in absolute truth as often tax penalties such as the above can were abated 100%. However the IRS will not abate any monies during an Offer in Compromise process unless a taxpayer qualifies, which in itself is a facts, strategy and procedural process. No CPA can guarantee what anyone will do much less the IRS, care should be taken to ensure that the client is well apprised on the reasonable scenarios that may occur and frequently well able to advise that tax payment rather than representation is the best process. 

Below are articles that you will want to refer to often to help guide you in addressing IRS Representation issues as you address Installment Plans, Back Taxes or an Offer in Compromise. 

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

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

 John Dillard, CPA of His CPA, PC (A Duluth CPA firm) 1940 Woods River Lane, Duluth, GA 30097  Phone 770-814-9304   http://www.hiscpa.com/    (All Rights Reserved) 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. To discover John Dillard’s Published Books and their vision visit  http://www.john-dillard.com/

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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United States CPA Advises on IRS Representation Issues

Thursday, August 12th, 2010

United States CPA Advises on IRS Representation Issues

Working with the IRS is not for the faint hearted or ill advised. The Bible teaches us throughout its text that we should seek the wise counsel of others and then to be and get the help of disciples who are willing to help lead us down the right path. Seek good Godly counsel from the best professionals you can find as it will pay many long term dividends.  Having Served in the United States as a CPA for decades I have learned again and again that seeking wise counsel is the beginning to wisdom. Therefore working with a CPA who is well versed in IRS Representation issues is your best option in dealing with the IRS towards successful IRS negotiation. The below is a sample letter a CPA/Tax Attorney might use to send to the IRS to begin to address open IRS tax issues. Though many issues on the surface may appear simple, their successful resolution is very rarely, if ever, a quick and easy process.

Department of the Treasury, Internal Revenue Service, Atlanta GA 39901-0010 

Enclosures: Power of Attorney, IRS notices dated 7-1-10 & 8-1-10 regarding the 2008 & 2009 tax years. 

Dear Sir or Madam, 

I am writing you in a good faith attempt to come to terms over the above taxpayers’ present predicament with the IRS, get their returns filed, and to address their tax issues.  I am willing/eager to supply you with any information that you might need in order to process their file.  

Since I have assumed the role as their financial advisor, I have consulted with them, and in good faith have pulled together the information that you need to file and amend their returns to the correct balances owed.  

 

I have enclosed copies of  my power of attorney and notices from the IRS detailing the amounts owed per your files.

 

Per our records we show that: 

-Their tax return for 2008 was amended in March, 2010 changing the amount due the IRS to $1000.

-Their tax return for 2009 was filed in April, 2010 showing the amount due the IRS of $1,500. 

The above/enclosed tax notices reflect an amount due of $12,000 whereas the above returns reflect an amount due of $2,500. Please correct your records accordingly, while being sure to not that the taxpayers issued on 8-11-10 a check to pay the $2,500 balance in full. 

I appreciate your attention to this matter and look forward to working with you to close their file. 

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

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.

A Christian CPA Firm: Never Underestimate the Long Term Benefits 

 John Dillard, CPA of His CPA, PC (An Atlanta  CPA firm) 1940 Woods River Lane, Duluth, GA 30097  Phone 770-814-9304   http://www.hiscpa.com/    (All Rights Reserved) 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. To discover John Dillard’s Published Books and their vision visit  http://www.john-dillard.com/

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Christian CPA on IRS Representation 101

Tuesday, June 22nd, 2010

Christian CPA on IRS Representation 101 

Find a CPA Who is Willing to Work to Ensure Your Best Interests Are Achieved

At His CPA PC we strive to do business the old fashioned way giving our clients much more than they thought they needed. In our ever changing economic times, it is even more important than ever for business owners to find a CPA who will help them stay ahead of the power curve in addressing your business issues, trends, and tax planning. Find a CPA firm that lives out the “Golden Rule” in serving others and the community. A CPA Firm should be willing to meet with your for an initial free consultation. By offering this information gratis, you and the CPA can heighten the understanding of his fellow business owners and taxpayers and to contribute back to the community in which he lives and works.

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. The below is a sample letter we might send to the IRS to address open tax issues with the IRS:

Internal Revenue Service

Atlanta GA 39901 

Enclosures: Personal Power of Attorney, Amended 2009 Amended Personal Return, Affidavit and Supporting Documentation Acknowledging Independent Contractor Income was Done and Recorded as Income on the Corporate Income Tax Return  

Dear Sir/Madam,      

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.  

I am writing to appeal the findings as detailed in the above mentioned letters and to request abatement for the Civil Penalty for the 2010 Tax Year. 

1. My name is John C. Dillard CPA of His CPA, PC and I have a power of attorney to represent the above client. My address is 1940 Woods River Lane, Duluth GA 30097 and phone is 770 814 9304.

2. My clients SS #’s are listed above.

3. I want to appeal the original findings as the original assessment was incorrect and a signed amended return to reflect what is actually owed is attached. Please accept this return is filed.

4 & 5. The facts supporting our position are as follows: 

I am writing you in a good faith attempt to come to terms over the above taxpayers’ present predicament and to address their tax issues.  

Please note that the original assessment assigned taxable income to them for Independent Contractor income that was for business done in the corporate name and deposited into the corporate account. Accordingly this income should not be taxed on their personal return. I have attached an affidavit and corresponding information/details prepared by the taxpayer to this effect. I forwarded on 8-1-10 a letter (copy attached) to the IRS and the Social Security Administration to ask them to correct their records for  the 2009 tax year for which I have forwarded copies of the correct W-2’s and W-3.  

I believe it is a just and fair request to abate all of the previously assessed penalties. 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. I believe the IRS is a just and fair institution whose goal is to assist those who are now attempting to comply with all of their current tax liabilities and has now a proven track record of doing so. Under penalties of perjury, I declare that the facts presented in my written protest, which are set out in the accompanying statement of facts, schedules and other statements are, to the best of my knowledge and belief, true, correct and complete. 

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. “Dare to Attempt Something so Great for the Kingdom of God, that it is Doomed to Failure Lest God 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 GA/Alpharetta/Atlanta CPA on Finding the Right Atlanta CPA for Your Back Taxes & IRS Representation Issues

Thursday, April 29th, 2010

Duluth GA/Alpharetta/Atlanta CPA on Finding the Right Atlanta CPA for Your Back Taxes & IRS Representation Issues

Just as different businesses serve different products, markets, and niches, so are the individual personalities of key management.  Key management personnel meshing with their CPA is of critical importance. As with all walks of life we need to associate with people and personalities who both make us a better person and those who make us feel better about ourselves. Finding a CPA who is intuitive, insightful, giving, and is a good communicator are all essential personality traits in finding a CPA who can not only provide good advice but is also adapt at its dissemination.

What to Expect in an Initial Meeting with a CPA

Initial meetings with a CPA you are hiring should not only be a time for you to interview the proposed professional but also for you to check on his past accomplishments, overall demeanor, core competency, and overall game plan for addressing your CPA needs. A CPA who has a core program is most apt to be more about serving their needs than that of your own. A good professional should be able to easily adapt to your needs and the changes in those needs while also being sensitive to your own core competencies. The below is a sample letter one might use to send to the IRS to help develop a case or penalty abatement. Care should always be taken to be sure that you find a CPA who has a history and years/decades of experience in addressing IRS tax issues:

Internal Revenue Service, Atlanta GA 

Dear Sir/Madam, 

I am writing to appeal the findings as detailed in your last correspondence. 

My name is John C. Dillard CPA of His CPA, PC and I have a power of attorney to represent the above clients. My address is 1940 Woods River Lane, Duluth GA 30097.  I want to appeal the original findings as I believe the penalties for all tax years are identical and should be abated for all years, as they have previously been abated for 2006. The facts supporting our position are as follows: 

I am writing you in a good faith attempt to come to terms over the above taxpayers’ present predicament and to address their assessed penalties. As you can see the by the enclosed letter dated 5-1-10 to the IRS the taxpayer has full paid all of their taxes and interest in full. 

Please suspend all collection efforts as I have previously forwarded on 3-28-10 all of the unfiled tax returns for the 2007 to 2008 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 $2000 to pay the taxes and interest in full. 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. 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.  Also the taxpayer has since filed and full paid their 2009 income taxes as a measure and respect of their good faith as a compliant taxpayer. Also we previously returned checks and voiding them that were inadvertently paid by the IRS out to the taxpayers in error.  

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. They taxpayers are now complying with all of their current tax liabilities and has now a proven track record of doing so. Copies of our original requests and letters sent to us by the IRS regarding this issue are all enclosed.

Under penalties of perjury, I declare that the facts presented in my written protest, which are set out in the accompanying statement of facts, schedules and other statements are, to the best of my knowledge and belief, true, correct and complete. Please do not hesitate to contact me if you have any questions. 

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. “Dare to Attempt Something so Great for the Kingdom of God, that it is Doomed to Failure Lest God 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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Atlanta CPA Provides IRS Audit/Back Taxes Consultations & Advice

Wednesday, February 3rd, 2010

Atlanta CPA Provides IRS Audit/Back Taxes Consultations & Advice 

When getting ready for an audit the first best call is to a well experienced CPA to ensure that both your rights but more importantly that you return is correct and prepared to best ensure your lowest legal possible tax. As a Body of Believers, though we are to submit to Authority, we are not required either by tax law or by our faith to pay more than our fair share and therefore just and legally liable tax obligation/bill. 

All correspondence with the IRS should be an ends to an mean and help to encourage the client, the IRS and their agent to close their file as quickly as possible, while ensuring that you pay only your legally liable tax. To that end I have provided the below sample audit letter detailing what we did, the terms and even enclosing the check to pay the taxes and interest in full while asking for penalty abatement. For the easier a CPA can make it on the agent to adequately and efficiently close their file is a win for both the IRS and the client. 

Internal Revenue Service, Atlanta GA

Enclosures: Power of Attorney 

Dear Sir or Madam, 

I am writing you in a good faith attempt to come to terms over the above taxpayers’ present predicament and to address their tax issues.  I am willing/eager to supply you with any information that you might need in order to process the audit. I have worked with the client to get their tax filings correct for the _____ tax year and payments current ASAP. To that end I have prepared for you a Form 1040X for the _____ tax year.  

Enclosed please find a check for $____ to be applied as follows:

Tax                        $ _____

Interest                  $_____

With the payment of the tax and interest in full I am asking that the IRS abate any assessed penalties. Since I have assumed their role as their CPA, they client has asserted their intent to keep their tax filings and payments current.

I believe the penalty abatement is a just request as I believe the IRS is a fair institution designed to help taxpayers pay their just taxes. 

I appreciate your attention to this matter and look forward to working with you to close their file. 

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

John Dillard is an Christian Speaker/Author and Certified Public Accountant. 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 visit http://www.john-dillard.com/ or call John Dillard CPA 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!  

Serving 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, Gwinnett County, 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, Douglas, Fayette, Forsyth, Fulton, Gwinnett, Haralson, Heard, Henry, Jasper, Lamar, Meriwether, Newton, Paulding, Pickens, Pike, Rockdale, Spalding, Walton, 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 and Woodstock 

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Roswell/Atlanta CPA Addressing Unfiled & Unpaid Income Taxes With the State of Georgia

Sunday, January 17th, 2010

Roswell/Atlanta CPA Addressing Unfiled & Unpaid Income Taxes With the State of Georgia 

John Dillard CPA: An Award Winning CPA Serving Metro Atlanta Business for Decades

Below is a sample letter one might use to address open and unpaid taxes with either the state of Georgia or 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. 

Georgia Department of Revenue

Compliance Division 

I am writing you in a good faith attempt to come to terms over the above taxpayers’ present predicament with the Georgia Department of Revenue and to address the notes in your files. Per our conversation today you advised that GA had not yet received the taxpayers 2008 & 2009 returns, which have been previously filed. Please note on these two returns that the taxpayer was due a refund. Please correct your records accordingly and stop all collection efforts, garnishments, liens and levies as indeed the taxpayer is current. 

I appreciate your attention to this matter and please do not hesitate to contact me if you have any questions. 

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

John Dillard is an Christian Speaker/Author and Certified Public Accountant. 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 visit http://www.john-dillard.com/ or call John Dillard CPA today at 770.814.9304

His CPA…An Atlanta CPA Firm

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

His CPA PC: 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 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, Gwinnett County, 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, Douglas, Fayette, Forsyth, Fulton, Gwinnett, Haralson, Heard, Henry, Jasper, Lamar, Meriwether, Newton, Paulding, Pickens, Pike, Rockdale, Spalding, Walton, 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 and Woodstock

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Atlanta/Alpharetta/Grayson CPA on Addressing Time Critical IRS Representation Issues for Atlanta Taxpayers

Tuesday, January 12th, 2010

Atlanta/Alpharetta/Grayson  CPA on Addressing Time Critical IRS Representation Issues for Atlanta Taxpayers 

IRS Representation is perhaps the most important and sensitive of all tax functions that a CPA can provide. Recently we received the below inquiry regarding addressing time sensitive IRS/Georgia Tax Representation issues: 

Couple more questions, this guy with the state seems angry and has stated that HE is the last one to be notified when drastic action is about to happen.  If we acquire your services, will there be a (30) day…temporary stay on our case or will we be “”protected” a little longer???  I just don’t want this guy to find out we’ve hired a 3rd party to help us and then he turns around and takes position of whatever he can get.  Thanks for your time on this. 

Below is my response to this inquiry:

It is most difficult for a doctor to diagnose a client by phone as well as it is difficult for a doctor to guarantee the results.  We have done much over the years to help business owners and individual taxpayers address their unpaid taxes with both the IRS and Georgia. Though no one can guarantee results when dealing with critical tax issues that have not been paid attention to, there is frequently much a CPA can do to assist in the process. I invite you to spend a bit of time on the below articles which will do much to illustrate the many varied options and paths tax and IRS Representation might entail and require. 

Surviving an IRS Audit & Working with the IRS

How Georgia Taxpayes Are Selected for Audits
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 IRS Tax Issues for Atlanta Taxpayers
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

 Paying Your Taxes – Withholding and Extensions
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 Atlanta Taxpayers Can Avoid an IRS Audit
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 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 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

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

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 American 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.

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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Atlanta CPA on Not Just Offer Submission, but Strategic Offer Consideration & Submission

Saturday, December 12th, 2009

Atlanta CPA on Not Just Offer Submission, but Strategic Offer Consideration & Submission

Like Nehemiah in the Old Testament we are to be both thoughtful, insightful and full of preparedness as you ready yourself to submit an Offer in Compromise. Rather than “throwing paper at the IRS” it is prudent to spend an adequate amount of time and planning to ensure that you have an Offer that is able to be accepted, and not rejected because of its failure to consider all of the many and varied rules and regulations of successful IRS Representation and Offer in Compromise acceptance. It is always prudent to explore all of the available and appropriate options before rushing to submit and Offer in Compromise that is not processed. Below is a sample inquiry we might receive and the following, our response:

I know when I originally talked to you earlier this year, we talked about offer in compromise.  At that point you didn’t have 2010 to look at.  Now that we know there is such a large loss for 2010, we know that personally and in the business we have more liabilities than assets.   Surely we qualify based on our 2010 situation.  Yes, we’ve paid ourselves substantial salaries, but the net effect of our business against those W-2s still means a negative or break even situation. We have no borrowing power because our credit is so low.  We have no cash flow that exceed our needs to finance our business needs. 

We are desperate at this point.  We’d like to offer $10,000 as an offer in compromise.   

 

Below is my response: 

Below are the general rules and guidelines to consider submitting an Offer in Compromise. If you after you both review the below and feel you qualify, please get to me ASAP your year to date 2010 internal financials and  Form 433A. If you look like a candidate based upon that information then I will need you to complete Form 433B and Form 656. FYI, you can print off all these forms off the IRS web site. 

Offers  in Compromise to the IRS and/or the state of Georgia is a proposal on your part to pay only a portion of the back income taxes you owe. If the offer is accepted, the remainder of the tax debt will be forgiven. For individuals or corporations with significant tax problems, an IRS offer in compromise can eliminate tax obligations much the same way as filing bankruptcy can eliminate personal or corporate debt.

The IRS has specific rules that must be followed when submitting an offer in compromise, including:

  • All tax returns and forms from prior and current years must be submitted
  • You must be paid up on all current year tax obligations, including estimated tax payments
  • The amount you propose to pay must be reasonable, based on your net worth and estimated cash flows for the next several years
  • If the IRS accepts your offer in compromise, you will be required to stay current on all personal and corporate tax obligations for the next five years.

Offer in Compromise Submission 

We can help you prepare and file your offer. As CPAs, we are licensed to work with the IRS, and have the knowledge and experience to assist you. First, we will examine your tax problem, and make sure that all tax forms have been correctly filed. We will examine your current financial situation, and determine a reasonable amount to offer the IRS and the state of Georgia, based on your assets and liabilities.

Helping you prepare and submit any required paperwork requested by the IRS as a condition of your offer. Finally, we will represent you before the IRS, and negotiate the amount that must be paid, which will typically be somewhere between what the IRS says you owe, and what you offer to pay.

Therefore do not worry about tomorrow, for tomorrow will worry about itself. Each day has enough trouble of its own.  Matthew 6:34

 



In the event that you owe much more than you can pay, our one-stop filing and representation services will be invaluable as you strive to climb out from under what appears to be a mountain of debt. We have successfully assisted many in navigating through the complexity of tax laws surrounding Offers in Compromise and would welcome your call now.

How Georgia Taxpayes Are Selected for Audits
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

Solving IRS Tax Issues for Atlanta Taxpayers
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

How Atlanta Taxpayers Can Avoid an IRS Audit
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

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!    

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

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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Atlanta CPA Advises Georgia Taxpayers on Addressing Offers in Compromise and Back Taxes with the IRS

Monday, December 7th, 2009

Atlanta CPA Advises Georgia Taxpayers on Addressing Offers in Compromise and Back Taxes with the IRS 

Many will shy away from certain deductions because of a fear of being audited. Although clearly no one desires to be audited as both the administrative burden and potential economic burden of an audit are more than enough to be considered as well as the emotional stress. However, I believe all clients should never not take a deduction they are legally entitled to as otherwise they are overpaying their taxes and paying more than their fair share. However, in serving the truth, we can trust that the truth, regardless of an audit environment or not, will indeed set us free. However if you find yourself facing an IRS audit or needing IRS Representation retaining a CPA if your best first step to ensure that you only pay what you legally owe. Below is a sample letter that might be used if a client inadvertently failed to include and represent open payroll taxes, which were failed to be included and communicated in an Offer in Compromise to the IRS.  

Internal Revenue Service

Atlanta GA  

Enclosures: My letter dated 01-20-10 (copy enclosed) 

Please cease all collection efforts on the above taxpayers as am working to submit an Offer in Compromise to address all of the open monies due on their account.I am writing you in a good faith attempt to come to terms over the above taxpayers’ present predicament with the IRS  I am willing/eager to supply you with any information that you might need to close your file. I plan to submit and Offer in Compromise on the above referenced taxpayers ASAP after I can get the payroll taxes assessed to them personally as the responsible party. Their original Offer in Compromise inadvertently did not include their monies so that Offer is being rescinded. ASAP after the payroll taxes/Civil Penalty is assessed the above taxpayer personally as the responsible party an Offer in Compromise will be submitted including these monies. 

In the interim please be advised that the taxpayer now works another employer and that they are accordingly paying her ongoing income taxes there via payroll withholding. 

The above taxpayers have advised me that they have filed all of their presently due tax returns. I believe that this shows they want to continue as taxpaying citizens and to begin actively paying taxes as they are owed. Please note the taxpayers  recently paid the IRS an estimated tax payment of $10,000 to bring their current tax payments current.  

It is my goal to help in their efforts to return to compliance. Since I have assumed the role as their financial advisor (they had no advisor previously), I have consulted with them, and in good faith I would like to make and Offer in Compromise for the taxpayers to pay as much of the balance of the tax liability as they possibly can.   

Please note that I have advised the taxpayers that after the acceptance of their Offer that they must stay in compliance by keeping all of their filings and payments current for five years.  They have further been advised that in the event they do no maintain the above that the previously accepted offer would be voided and the previously abated monies would be reinstated and collection efforts resumed.  

Please cease all collection efforts while this Offer is being re-submitted.  I appreciate your attention to this matter and please do not hesitate to contact me should you have any questions. 

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

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 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.htm l

Paying Your Taxes – Withholding and Extensions
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
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 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 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  

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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