Appeals & Audit Resolution Archives - Page 2 of 5 - John R. Dundon II, Enrolled Agent

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Appeals & Audit Resolution

04 Oct Communicating with the IRS Requires Organized + Detailed Note Taking

Posted at 00:00h in Appeals & Audit Resolution, Basis, IRS Appeal, IRS Audit, IRS Collections, IRS Enforcement, IRS Examination, Tax Court, Tax Guidance & Preparation, Tax Problems & Requests

When you call the IRS I suggest doing it as early in the work day as possible to minimize wait time. Â Have a pen and pad of paper in hand and ideally be sitting in front of a computer. Â Write your questions down in advance...

30 Sep Burden of Proof

Posted at 00:00h in Appeals & Audit Resolution, Cancelled Debt, IRS Appeal, IRS Audit, IRS Collections, IRS Enforcement, IRS Examination, IRS Levy, IRS Lien, IRS Mediation, IRS Penalties, IRS Penalty and Interest Abatement

The IRS as many of you are painfully aware is often looked upon as accusing first without due process requiring the tax payer to shoulder the burden of proof in regards to his or her innocence relevant to the Internal Revenue Code. Â In other words...

29 Sep IRS Expanding Audits to Unrelated Tax Years and Tax Matters

Posted at 00:00h in Appeals & Audit Resolution, Audit Reconsideration, IRS Audit, IRS Collections, IRS Enforcement, IRS Examination, IRS Mediation

According to the Treasury Inspector General for Tax Administration (TIGTA) the IRS needs to expand audits to other tax years and tax matters when large dollar amounts are involved in a preexisting audit making it all the more important to know exactly what you are...

18 Aug Trends in IRS Collection and Enforcement

Posted at 00:00h in Appeals & Audit Resolution, IRS Audit, IRS Collections, IRS Enforcement, IRS Examination, IRS Mediation, IRS Penalties, Tax Abuse, Tax Fraud

According to a report filed by the Treasury Inspector General for Tax Administration there has been aÂ 19 % increase of enforcement personnel serving in the Collection and Examination function of the IRS since Fiscal Year 2006. Whereas on average overall IRS staffing increased 4Â percent during...

02 Aug What The IRS Instructs You To Do If You Have NOT Filed Your Taxes

Posted at 00:00h in Appeals & Audit Resolution, Back Taxes Owed, Currently Not Collectible, IRS Appeal, IRS Audit, IRS Collections, IRS Enforcement, IRS Examination, IRS Lien, IRS Mediation, IRS Penalties, IRS Penalty and Interest Abatement

Basically the simple answer is file your tax forms with both the US Federal government and applicable state governments. Â Start by filing the previous 3 years of income tax returns ASAP. It is possible the IRS may have already filed returns for you. Under Section 6020(b)...

22 Jul The Use of Quick Books by IRS Auditors

Posted at 00:00h in Appeals & Audit Resolution, Audit Reconsideration, Audit Technique Guide, IRS Audit, IRS Enforcement, IRS Examination, IRS Mediation, Tax Guidance & Preparation, Tax Problems & Requests

In January 2011 IRS agents began to audit Quickbooks data files and will require a copy ofÂ your QuickBooks data, if used, toÂ help them with the audit. YIKES! These are some of my suggestions to prepare for a tax audit involving Quickbooks. Make an annual backupÂ that matches...

19 Jul 32,000 Taxpayers Adversely Affected: Did Not Receive Proper IRS Tax Lien Notification

Posted at 00:00h in Appeals & Audit Resolution, IRS Lien

I had to read this report twice today. Check it out the IRS is not always following it's own procedures or governing statutes when it comes to properly issuing tax liens. What? Really? How can this be? Before anyone gets too mad, I know as...

05 Jul Do You Have A Business? Or Is It A Hobby?

Posted at 00:00h in Appeals & Audit Resolution, Audit Reconsideration, Business Expense, Correspondence Audit, Deductible Expense, Disallowed Expenses, Entity Classification, IRS Audit, IRS Examination, Tax Deductible Expenses

The IRS has developed a rule of thumb for analyzing business losses called theÂ Hobby Loss Rule of Thumb that basically says if a business reports a net profit in 3 out of the last 5 years it is presumed to be a for-profit business. Similarly...

28 Jun Summary, Deficiency and Jeopardy IRS Assessments

Posted at 00:00h in Amended Tax Return, Appeals & Audit Resolution, Back Taxes Owed, Installment Agreement, Intent To Levy, Intent To Lien, IRS Appeal, IRS Audit, IRS Centralized Insolvency, IRS Collections, IRS Enforcement, IRS Examination, IRS Levy, IRS Lien, IRS Mediation, IRS Penalties, IRS Penalty and Interest Abatement

Collection of federal taxes starts with an assessment of tax due. The assessment serves two functions. It is the governmentâ€™s mechanism for keeping records and recording a liability. The assessment, authorizing the government to collect, is equivalent to the final judgment that a general creditor must...

27 Jun Time Period for Collecting Taxes

Posted at 00:00h in Appeals & Audit Resolution, Back Taxes Owed, Bankruptcy, Cancelled Debt, Self Employ, Small Business, Statutory Notice of Deficiency, Sub-chapter S, Tax Abuse, Tax Court, Tax Guidance & Preparation, Tax Problems & Requests, Tax Relief

By law, the IRS has the authority to collectÂ outstanding Federal taxes for 10 years fromÂ the date your tax liability was assessed. TheÂ 10-year collection period is suspended: â— Â while the IRS and the Ofice of AppealsÂ consider a request for an installmentÂ agreement or an offer in compromise. â— Â from...