The IRS rejects a lot of Offers in Compromise (OICs). When an offer is rejected, you have 30 days to request an appeal. You can also consider using other tax resolution strategies.
If you’re having tax problems
Category: Tax Disputes
The Trust Fund Recovery Penalty (TFRP) is a severe tax penalty assessed against individuals who fail to comply with certain payroll tax obligations. You may have several defenses and appeal options if the IRS assesses the TFRP, so contact a tax attorney for assistance.
Getting married means that you will share your life with your spouse in a lot of ways including your finances. With that being said, it is not uncommon to find spouses that did not talk about their finances before saying ‘I do’. This may bring about some unprecedented problems such as finding out that your… Read more »
It is a common misconception among American taxpayers that the Internal Revenue Service (IRS) offices work at a slow pace (I mean… they’re not the post office. Amirite??). The IRS took a big step by offering an efficient and timeless program that allows taxpayers to hold “face to face” meetings with the IRS representatives – IRS… Read more »
An attorney doesn’t merely represent you in court, they fight for you and work their best to ensure that you get the fairest outcome if not win your court case. If you are faced with a divorce issue, you should get to the best divorce attorney in town. If you are dealing with a… Read more »
What is an Administrative Wrongful Levy Claim? You can file an administrative wrongful levy claim when the IRS seizes property to collect tax revenue owed by another person and you have a superior right to this property. This typically means you either own the property or have a security interest that was filed before… Read more »
Recovering Damages You may be able to recover economic damages if an IRS error ends up costing you money. However, the circumstances under which you can recover damages are quite limited.
What are Trust Fund Taxes? Trust fund taxes include the Social Security, Medicare, and federal income tax a business withholds from its employees’ wages. These amounts are held in trust by the business until they are transferred to the IRS.