How To Request Your Own IRS Transcripts
When negotiating a deal with the IRS it is extremely important to have all of the facts. The IRS knows everything about you and your past filings, so shouldn’t you too? In all matters that we handle with the IRS, we ALWAYS request the taxpayers, or business’ IRS transcripts. While we have a special privilege […]
IRS to improve OIC according to reports
The Internal Revenue Service has taken steps to improve the offer in compromise process for both taxpayers and the IRS, but it can still do more, according to a new report. An OIC is an agreement between a taxpayer and the IRS that settles a tax liability for a payment of less than the full […]
Bill providing protection against IRS asset seizure advances
A bipartisan bill that would require the IRS to provide evidence of illegal activity before seizing assets has passed the U.S. House of Representatives Ways and Means Committee. Hundreds of taxpayers who have had assets seized between October 2009 and October 2014, when IRS seizure and forfeiture activity in the absence of criminal evidence ceased, […]