

ATTN: The IRS is aggressive and not giving notice right now!
Tom asks "if the irs levys my wages do they take everything? so i dont get a check anymore?"
Tom - The IRS will not take your entire check but they will take a large percentage of it based on your gross earnings and your take home pay will be greatly reduced. Do you have a 10 day notice? This is very important, because all of the rules have changed on enforcements right now. The IRS is active and aggressive these last few weeks. Their activity is up and they mean business.
It used to be you get one notice 5 times six weeks apart prior to action from them. NOW We are finding they are not giving us that 20 to 30 week highway to work on. They are bypassing them and going directly to the bank or the employer. Please don’t wait this time.
I need to ask you a few questions to better help you. It is better to go to them prior than their coming to you. I am a professional and it takes me 5 hours to get a garnishment on wages released. Are they doing so because you owe taxes on years you filed but could not afford to pay? Or are they doing due to un-filed back returns?
There are several things we can do to stop this if we know ahead of time what it is about. I would need to now if you are married, how many in your household, what you make and what you owe them?
If you have filed all years but can not pay them and your facts support that; then they have an UNCOLLECTABLE status you can go on for a year. That will give you the breathing room you need to catch up. If you are un-filed, which isn’t all that unusual…I get people who have not ever filed daily. If that is the case and we call them, we are fairly lucky at securing a 60 day HOLD on wage garnishments while we get the returns current. Or you prepare them or a relative or a preparer in your town, either way they will need to be done. We would have access to the income information for the back years provided to us by the IRS.
Corporate payroll tax owe over 425K
My Corporation is closing down due to the loss of revenue I have to close the doors. I am President and my daughter is the Vice President and we both signed the paychecks and we responsible for the deposits. The IRS just left our office and informed us both we could go to jail and we both are responsible. My wife works with us but didn't sign checks she was the dispatcher, is she on the line also? How can I ever at 64 payback this enormous debt? My daughter is a single mom and 34 with a long life to live, how can I take all of the responsibility and leave her free from the IRS? Is there a way to save her? Help I have ten days to be to IRS and be interviewed. APW
Dear APW,
The interview you will be attending is called the “Trust Fund Recovery Penalty” interview. It is standard protocol for your situation and it can be held at your place of business or at the IRS.
The meeting is to establish who in the corporation had the decision making authority over the flow of funds. They are searching for who directed the money. Was it one person? Possibly two people or a board of people? Did any person or persons abscond with the money due for taxes; such as in taking an additional 450,000 dollars to build a vacation home?
If for example; your daughter signed the P/R tax deposit checks and gave you those checks along with the other bills to pay and you didn't do it, then you made the decision and it is possible that you can be held solely responsible. It will all depend on your answers and the circumstance that unfolds.
It is a fact and circumstance meeting.They will be looking for who is and was on the bank signature cards for the periods not paid, they will summons your bank records and they will dig deep.
One more example; In other cases when a business might hire an outside bookkeeper or CPA to come in once a week and they direct those types of decisions then they become the culpable party, also. It isn’t always the owners, it is the director or director's of the funds.
If you were my client I would fill out the form with you ahead of time. We would go to the interview together.We would plan our answers.
Your wife based on the facts you submitted is not responsible.
Here is My 25 year suggestion based on many of these interviews;
1. Don’t miss or be late for the meeting
2. It is one hour and for that one hour you should remain calm and poised. No anger, or aggressive behavior they retain the power during this meeting.
3. If they infuriate you, smile.
4. If they threaten jail, cry.
5. Very few people ever go to jail.
6. There are many options open to you to salvage what you have left; such as the IRS Offer in Compromise program. .
Please let me know if I can help you further - Lesleypaying off back taxes
hello,
I am from Florida,
My husband was hurt in 2004 during a hurricane and I am also a dialysis patient, between both of us we have been in and out of the hospital many, many times.
I sent in my tax returns, but the IRS said they didn't recieve them, I made copies and sent in my 2004, 2005 and 2006 returns. We want to pay the taxes, but with the penalties and interest it is beyond all the money we can borrow.
We just want to compromise a reasonable amount so we catch up and clear everything up.
what can we do?
Answer:
Great question Deb, What I like to tell people is that there are several options to look at based on a fact pattern. To help answer your question we have prepared a 7 minute video on this site that describes what an offer in compromise to the IRS is, and who can qualify for one.
Based on your question you should qualify for the offer program. When you have an illness it can promote a more lenient compromise.
Have you filed your 07 and 08 tax returns? You need to be current on all filing requirements to start an offer. An offer is the ideal program for accomplishing what you are asking, in fact the only program that will do what you are asking.
The Offer (OIC) was devised to do what you are trying to accomplish; over 90% of all offers are rejected for several reasons. All situations are different and an individual assesment is needed for your situation.
Here are some basic questions we need answered. 1. How old are the two of you? 2. How much do you earn each month? I need gross and net if you are wage earners or an income source if self-employeed. I NEED TO UNDERSTAND HOW YOU RECIEVE YOUR INCOME AND I NEED IT dividually? Please don't use names or give anything that someone could use against you in this format. It is an open forum for all to read, we are looking for scenarios that represent your particular problem. 3.Do you own a home and do you have equity in anything? A house a car a rental or how about retirement accounts where do they stand? 4. How many people in your household?
I just need approximations for now. I am working on an offer theory based on the IRS OFFER calculations and formulas. So, when you get back with me I can better help you.
location
Where are you located? Are you a big firm? Can you help me even if I do not live in your State?
Answer:
Josie we are a small firm located in Sacramento Ca. we are comprised of 4 main partners My self Barbara Corona,Rachelle Reynolds and Jyothie Armbruester. They are respectfully 30 and 20 year retired IRS agents, Revenue Officers and training team leaders in the Offer in Compromise division of the IRS. They know all of the in roads behind the IRS curtain.
Then there is me...I am a 25 year veteran working up against the taxing authorities brokering the best deals I can for my clients. Our firm has yet to ever lose an OFFER, but then again we make sure that it is an acceptable offer before we take our clients money.
Jyothi is our newest addition as partner due to her compassion and empathy for all people she is our greatest new talent and she is very good at helping our clients find the help they deserve and figure out a solution especially with respect to payment plans...for our services.
We have offer experts, garnishment guru's, lien subordination heros etc. That's us.
We have 75 years of combined experience in the IRS Problem Arena. Across state lines we help people daily. With today's technology it is very easy to service people.We have one couple in Tailand we are helping and one in Costa Rica many more in Florida and New York to name a few.
THIS is your life and the wrong person or firm can cost you thousands, waste your money, do nothing for you and you could lose your case. Trust me when I say "I see it daily." It is more important to find the rating of the firm, the length of time in business in their community and their expertise. Be careful as you move through the internet in search of a reputable firm. There are lots of good firms out there if you do your homework. Lesley
Est.Taxes and Penalty abatement
We are self employed and cannot afford to pay our quarterly tax estimates. Is there any way to avoid a penalty?
Answer:
I can count on 1 hand in 25 years the times I have been able to abate a penalty and never once on estimated taxes when they were the proper estimate. It would take some extra ordinary reason for that to happen. My advice is to pay what you can and still put food on your table then when the tax return is filed and you are still short and can not pay the balance set up a reasonable payment plan. If you have more details for me I can better advise you. Lesley
Haven't Paid Taxes
I haven't filed taxes for several years. I have been afraid to open my mail. The IRS just left a business card on my door. What do I do? Will they take my house? Will they talk to my neighbors? Will I go to jail?
Answer:
Rick, everyone's heart stops when those green and white letters arrive...but when the Revenue officer puts the IRS business card on your home or business door it is serious. It means you have a problem that has been assigned to the local IRS agent that will direct your case. Very rare is it you go to jail. I have in all my years reresented thousands of people who owe millions and haven't filed in many years and jail was never an option. They don't really want your house What state are you emailing me from? I think due to the severity of this issue and the card on your door we should have a one on one discussion. Please call me to talk at the number on this web site and I will talk to you. I need more information to help you. Les
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Rachelle Reynolds says, "The IRS is relentless. If they think you owe, they will track you down and go after everything you have to pay the debt. The key to an equitable solution is to negotiate now, before you're in collections, before you're garnished or there's a tax lien on your home. We can and do help people every day."
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