Tag Archives: Installment Arrangement

IRS is Obligated to Work with Us

In a recent speech IRS Commissioner Doug Shulman stated that, “We have an obligation to work with taxpayers who are struggling to make ends meet, this new approach makes sense for taxpayers and for the nation’s tax system, and it’s … Continue reading

Posted in Management, Tax Problems | Tagged , , , , , | 57 Comments

The All-New Installment Agreement Form: 9465-FS

IRS has added to its plethora of forms, but admittedly, this is a good addition. The new 9465-FS allows creation of an installment agreement for many taxpayers with minimal IRS contact. Taxpayers with a liability greater than $25,000 and not … Continue reading

Posted in Management, Marketing, Tax Problems | Tagged , , , | 133 Comments

Shareholder Loans

Recently a fellow ASTPS member related a case to me that highlights a common problem encountered by EAs, CPAs, and attorneys who represent taxpayers under audit by the IRS. Here’s the story as it was related to me. Taxpayer Joe … Continue reading

Posted in Tax Problems, Tax Return | Tagged , , | 56 Comments

Streamlined Offers in Compromise & Installment Arrangements

I received an e-mail from a member that related a conversation with the IRS about the streamlined OIC program. As he related it, there is no such thing and never will be. Incredulous. One more proof that you need to call … Continue reading

Posted in Tax Problems | Tagged , , , , , | 52 Comments