Like many of my posts on Tax Splash, this one was prompted by questions from ASTPS members. In this case the members thought the IRS could not proceed with enforced collection against their client because of a pending request for a Collection Due Process (CDP) hearing. They believed the CDP was timely filed and the IRS would be violating the taxpayers’ rights by pursuing enforced collection. As is often the case there are exceptions to the rules we can usually rely on. Here is the exception that they, and maybeRead more
The last best practices posting on marketing and advertising was essentially excerpts from Circular 230. Today, I will be more original and practical by describing some of the other items that ASTPS considers best practices. Keep in mind that ASTPS is determined to remain the “Good Housekeeping Seal of Approval” for the tax problem resolution industry. Members should be cognizant of these industry problems and report any violations they encounter.
IRS Look-like Notices
One of the most onerous violations involves direct mail pieces that imitate actual IRS notices. There is not aRead more
Circular 230 offers advertising and marketing best practice rules and guidelines for those who practice before the IRS. Regardless of your credential as a CPA, EA, or attorney, you should be familiar with these guidelines. The sole exception being the firm that does no advertising or marketing. If that is you, we will address your needs and why marketing is important in a separate posting. Read the following excerpts from the Circular 230, then over the next day or two I will post some additional best practice recommendations from ASTPS.Read more
The IRS has stopped sending out tax liens and levies due to the ongoing government shutdown. Any notices that you receive are those issued prior to the shutdown regardless of the date shown on the letter. It is standard operating procedure for the IRS to date letters that had to provide for mail time.
Notices of intent to levy may still be issued, but actual levy action will not take place as there are no personnel available to do so. The only exception to this might be actions taken by theRead more
The client’s Offer in Compromise was submitted two months ago accompanied by appropriate supporting documents. The Offer Examiner (OE) called with a few items to review and questions to be answered. Pretty much a typical case until we reached what seemed a point of total agreement. The OE even commented on her appreciation for well-prepared offers that are a pleasure to work.
The taxpayer’s history was one of living on funds from a 401-K and an IRA account after being down-sized by his former employer. Of course, he failed to haveRead more
Our friends at Pit Bull Tax Software have sent out an update on the fees IRS charges for various tools we use every day… thought I’d share it with our ASTPS blog followers…
Effective January 1, 2014 fees for Offers in Compromise and Installment Agreements are proposed to be raised in accordance with Notice of proposed rulemaking and notice of public hearing, published today by the Internal Revenue Service.
DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Part 300
User Fees for Processing Installment Agreements and Offers in Compromise
AGENCY: Internal Revenue ServiceRead more