Is the Offer In Compromise program a scam?
- November 20th, 2019
- David Greene
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I’m happy to say that the Offer In Compromise program is not a scam and still works in the right circumstances. In fact, I have already had several Offers accepted in 2019! However, some unscrupulous people will take your money…
What is the Taxpayer Advocate Service and what does he or she do?
- November 12th, 2019
- David Greene
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The Taxpayer Advocate’s office is a special position set up after the congressional hearings on the IRS revealed problems in how the IRS sometimes treats taxpayers. There is a national taxpayer advocate office and also one in each state. In…
Alternatives to the Seizure of your Home for Delinquent Taxes.
- July 9th, 2019
- David Greene
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There are several collection alternatives to seizure that are available to taxpayers. In fact, seizure of your home or other property is the last avenue the IRS will pursue. I am not discussing levies on wages or bank accounts here….
Can IRS disputes be mediated – Part 2
- June 11th, 2019
- David Greene
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We addressed this question last week. I said that the IRS will mediate a great many cases, such as a disputed Offer in Compromise, Trust Fund Recovery cases and most appeals disputes. However, one cannot use mediation in Collection Due…
Is this a good time to file an Offer In Compromise?
- May 14th, 2019
- David Greene
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The answer is both yes and no. In general, i.e. in terms of “now” as opposed to several years ago, this is a good time to deal with the IRS. They have generally been more willing to compromise and make…
What are some options for paying your taxes?
- April 10th, 2019
- David Greene
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Tax Day is in just a few days away and I hope all of my readers will file their returns by midnight on April 15. Even if you can’t pay, you should still file the return. If you can’t file…
What should you do when you receive a certified letter from the IRS?
- December 6th, 2018
- David Greene
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Many people are afraid to pick up a certified letter from the Post Office and are afraid to open it. However, you cannot help yourself by failing to act. Here is some advice on what to do when you receive…
Can one make one Offer In Compromise to cover both individual and payroll taxes? Part 2.
- November 29th, 2018
- David Greene
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Last time I answered this question for the situation where the company is unincorporated. This week we look at a small corporation where one or two people own all the stock. This analysis will usually also apply to an LLC…
Can one make one Offer In Compromise to cover both personal taxes and payroll taxes?
- November 13th, 2018
- David Greene
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Thank you for your question. I need more information to answer the question fully, but I will answer it for different scenarios in this week’s and a later column. The first situation is if your company is a sole proprietorship…
What is the “Agreement” part of an Installment Agreement?
- October 2nd, 2018
- David Greene
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An Installment Agreement with the IRS is when the taxpayer agrees to pay a set sum of money for a set duration of time until either the liability owed is paid in full, or the collection period for the liability…