Posts Tagged ‘IRS Offer in Compromise’

Duluth/Norcross/Johns Creek CPA: Startup Issues Facing New Business Owners

We frequently received and inquiry of a new business owner exploring their options and how to best address their issues and concerns.

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Three Steps to a Successful IRS Audit/Representation Experience

When going to war, a soldier will plan, plan and plan again being sure that their tactics, protocols and training are ready for the task at hand. Though at times ones equipment and abilities will be tasked to the very edge of their capacities, the goal of a good soldier is to the extent possible to accomplish the task at hand while avoiding as few casualties as possible, preferably none. Similarly a great general who has a lay of the land, an und...

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Atlanta CPA Saves Metro Atlanta Client $120,000 in Payroll Tax Penalties

One of the tax cases we personally handled involved an Atlanta Based client who had not paid almost three years of payroll tax returns, specifically IRS Forms 940 and Form 941.During this time the company collected but did not remit to the IRS the Federal Withholding Taxes, FICA, and Medicaid taxes. Also the company did not pay the matching taxes due as well as the Federal Unemployment taxes due and payable. For payroll taxes due and payable at t...

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Atlanta CPA: What to Do BEFORE You Submit an Offer in Compromise

The rules of submitting and the processing a successful Offer in Compromise require an understanding of tax law, the Offer Process and the wisdom and discernment of motivation, tactical issues and perseverance. When working through these issue with the IRS it is best to diligently keep these ideas in front of both the client and the IRS to both manage expectations and to ensure a successful IRS experience/victory. Below please find a sample lette...

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Atlanta CPA on Sample IRS Representation Letter to File Power of Attorney & Offer in Compromise

When transmitting data to the IRS on behalf of a client I never use it as a means to a end but rather as part of a well-thought out process. Letters should be polite regardless of the situation, informative, insightful and direct. In all letters that I send when doing IRS Representation work, whether it be for an Offer in Compromise, tax lien, levy, garnishment or other collection issues and statutory assessments I strive to help all parties invo...

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Atlanta CPA: Georgia Tax Garnishments, Collection Issues, and Offers in Compromise

Often when the tax man cometh, he does so with an iron fist and a hammer. Frequently in striving to address tax issues, situations frequently worsen before they can get better as it takes time for items to be "worked through the process." This is a sample letter that might be used when the state of Georgia is pursuing aggressively collection methods including a garnishment. Working with a CPA is your best course to ensuring that you pay only the ...

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Atlanta CPA: Processing an Offer in Compromise/Addressing Back Taxes with the IRS

Usually one of the main issues that causes an Offer in Compromise is a taxpayer not filing and paying their taxes on a timely basis, in essence, their inability/lack of desire to address their tax obligations and filings as they become due. Thus, one of the biggest obstacles for the CPA/Tax Advocate is to help the taxpayer to get motivated. To this end, most all tax representation work requires the CPA to help the taxpayer change their paradigm g...

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Atlanta CPA: Back Taxes, Liens, Levies, IRS Problems, IRS Representation, and Offer in Compromise

At His CPA PC we work hard helping clients with Solving Atlanta IRS Tax Problems and with their Offer in Compromise. We work the old fashioned way by working to make sure you pay your lowest legal tax. Discovering how the IRS process works will help you learn what you can do to help keep your head above water. Contact John Dillard CPA today at 770 814 9304.

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Atlanta CPA Helping Solve IRS Tax Problems for Atlanta Taxpayers Over Thirty Years

When the IRS Tax notice arrives always remember to first breathe deep and then to contact a good CPA you can trust. Tax notices are always based upon information solely that the IRS has. A good CPA, who also specialized in tax representation issues, can bring information to light that will frequently dramatically lessen the amount of tax owed and perhaps even the totality of the bill. For example, if your business received Form 1099's indicating ...

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Determining the Amount of Your Offer in Compromise for Gwinnett/Atlanta Taxpayers

So you have tax problems, which seem will never go away. You work diligently to get all of your returns properly prepared and now you receive an IRS notice that promises liens on assets, levies to bank accounts and garnishments to your wages. Each notice shows up with the balances due creeping higher, always a bit more than the last. You owe for years of back taxes, penalties and interest and the amount due now seems insurmountable. Perhaps you h...

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