IRS Centralized Insolvency Archives - John R. Dundon II, Enrolled Agent

-1

archive,category,category-irs-centralized-insolvency,category-124,bridge-core-3.1.2,qodef-qi--no-touch,qi-addons-for-elementor-1.6.6,qode-page-transition-enabled,ajax_fade,page_not_loaded,,qode_grid_1300,footer_responsive_adv,qode-content-sidebar-responsive,qode-theme-ver-30.1,qode-theme-bridge,qode_header_in_grid,wpb-js-composer js-comp-ver-7.0,vc_responsive,elementor-default,elementor-kit-269

IRS Centralized Insolvency

18 May Decoding the IRS – Document 6209

Posted at 00:00h in 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, IRS Transcript, Statutory Notice of Deficiency, Tax Guidance & Preparation, Tax Problems & Requests, Tax Relief

Understanding what you are up against with the IRS can be frustrating on many levels. When it comes to the terminology they throw around, especially acronyms, what you will find is that even seasoned veterans quite often pull out specialty reference manuals or what I...

02 Mar Top 8 Free US Tax Research Sites

Posted at 00:00h in IRS Appeal, IRS Audit, IRS Centralized Insolvency, IRS Collections, IRS Criminal Enforcement, IRS Enforcement, IRS Examination, IRS Levy, IRS Lien, IRS Mediation, IRS Penalties, IRS Penalty and Interest Abatement, IRS Transcript, ITIN, Tax Abuse, Tax Court, Tax Guidance & Preparation, Tax Problems & Requests, Tax Relief, Uncategorized, Uncertain Tax Position, United States Treasury

The best free US tax research sites in my opinion are: 1. For actually referencing the US Tax Code - Cornell University Law School as they seem to do the best job with updates and maintenance and at the end of the day the only thing...

A person holding up two guns in the air.

22 Jan IRS Released “Get Transcript” Application for Real Time Downloading of Information on Your Tax Account

Any individual taxpayer can view, print or download their own transcripts on-line in Real-Time using a computer or Smart Phone. You simply go to www.IRS.gov and enterÂ GET TRANSCRIPT in the site search bar, OR ...

15 Jan IRS Stakeholder Liaison Meeting – Denver

The following is a summary of the IRS' most recent Stakeholder Liaison Meeting in Denver Colorado as prepared by Ann Burton, IRS Senior Stakeholder Liaison. Â It is jam packed with procedural information and status updates from line managers and group leaders of the various IRS...

25 Oct Colorado Disaster Relief from the IRS – Publication 2194

Posted at 00:00h in IRS Appeal, IRS Audit, IRS Centralized Insolvency, IRS Collections, IRS Criminal Enforcement, IRS Enforcement, IRS Examination, IRS Levy, IRS Lien, IRS Mediation, IRS Penalties, IRS Penalty and Interest Abatement, IRS Transcript, Tax Guidance & Preparation, Tax Preparer, Tax Problems & Requests, Tax Relief

If you have been impacted by a disaster in your area like many of my friends most recently here in Colorado due to flooding as defined by FEMAÂ and identified by our President causing you to be unable to meet your tax obligations the IRS may...

12 Aug Notes From the July IRS Stakeholder Liaison Meeting

The following is a compilation of the presentations given at the last IRS Stakeholder liaison meeting as prepared by IRS Senior Stakeholder Liaison Debra Rodgers complete with some very pointed questions and answers. Please pay particular attention to Nancy Carver's remarks concerning implementation of DOMA...

19 Apr It has been QUITE a tax season! A Review of IRS Activity

According to the newly released 2012 IRS Data Book,Â the IRS collected almost $2.5 trillion in federal revenue and processed 237 million returns, of which almost 145 million were filed electronically. Out of the 146 million individual income tax returns filed, almost 81 percent were e-filed....

02 Feb Denver Colorado IRS Stakeholder Meeting Notes

Bessie Castro-Zepeda, Colorado Department of Revenue Tax Practitioners only helpline; M-F 8am - 430pm (303) 232-2419 Capital Gain Subtraction: For 2012 returns, the department will make every effort to verify required documentation was included in the filing of the return before contacting the taxpayer for more information....

04 Dec IRS Can Levy More Than 15% of Social Security Benefits According to Bowers V. US

Posted at 00:00h in Back Taxes Owed, Income, Intent To Levy, Intent To Lien, IRS Centralized Insolvency, IRS Collections, IRS Enforcement, IRS Levy, IRS Lien, Social Security, Social Security Tax, Tax Court, Uncertain Tax Position

The distinction of how this is possible distills down to understanding the nuanced difference between a 'Continuous' and a 'One Time' IRS tax levy. Under Code Sec.Â 6331(h) once a tax levy is approved, the effect of the levy on specified payments received by a taxpayer is...

10 Oct Exemption from IRS Filing in Bankruptcy

Posted at 00:00h in Bankruptcy, Foreclosure, IRS Centralized Insolvency, Tax Filing Status, Tax Guidance & Preparation

Here is the hard part, to qualify: 1. The corporation must have ceased business operations and must have neither assets nor income for the tax year. 2. The exemption request must be submitted to the local IRS Insolvency office handling the case. For the appropriate address to...