Blog Archives

Why You Should File Past Due Tax Returns NOW

Posted on August 3, 2016 by John R. Dundon II, EA — No Comments ↓

Regardless of whether or not you are able to pay your tax liability in full, you should file all tax returns that are due. To do so, file your past due return the same way that you would file a…

Tagged with: Get Transcript, Installment Agreement, IRS Direct Pay, IRS Notice, Offer in Compromise, Online Payment Agreement, Self Employed, Tax return file
Posted in IRS Collections, IRS Enforcement, IRS Mediation, IRS Penalties, Non-filed Tax Returns, Penalty, Tax Guidance & Preparation, Tax planning, Tax Problems & Requests, Taxpayer Advocate

IRS Centralized Insolvency Operation

Posted on June 24, 2011 by John R. Dundon II, EA — No Comments ↓

Call 800-913-9358 to reach the Centralized Insolvency Operation. Hours are 7 a.m. to 10 p.m. eastern time. If the IRS is a creditor in a bankruptcy case, and you determine that IRS was not originally listed as a creditor, notification of…

Tagged with: IRS Centralized Insolvency
Posted in Back Taxes Owed, Bankruptcy, Intent To Levy, Intent To Lien, IRS Appeal, IRS Audit, IRS Centralized Insolvency, IRS Collections, IRS Enforcement, IRS Examination, IRS Levy, IRS Lien, IRS Penalty and Interest Abatement, Non-filed Tax Returns, Offer In Compromise, Paying Taxes, Self Employ, Small Business, Sole Proprietor, Sub-chapter S, Tax Guidance & Preparation, Tax Relief

IRS’ Offshore Voluntary Disclosure Initiative OVDI Available until August 31st 2011

Posted on June 9, 2011 by John R. Dundon II, EA — No Comments ↓

The purpose of the Offshore Voluntary Disclosure Initiative (OVDI) as I understand it today is to provide reasonable assurance to a taxpayer who comes forward, before an investigation is started, that if they truthfully disclose all facts and circumstances about…

Tagged with: foreign income, international tax, IRS, offshore account, Offshore Voluntary Disclosure Initiative
Posted in Foreign Income, International Tax, IRS Enforcement, IRS Lien, IRS Mediation, IRS Penalties, IRS Penalty and Interest Abatement, Non-filed Tax Returns, Offshore account, Paying Taxes, Tax Fraud, Tax Guidance & Preparation, Tax Problems & Requests, Tax Relief

How to Respond to the ’90 Day’ IRS Letter aka Statutory Notice of Deficiency – IRS Publication 3598

Posted on June 7, 2011 by John R. Dundon II, EA — No Comments ↓

Business Entity Selection and the Tax Consequences of Converting

IF you find yourself 'running out of time' on the 90 day period, filing a tax court petition and paying court fees and representing yourself pro-se or hiring a tax court lawyer are last choice decisions. They are costly and…

Tagged with: IRS 90 day letter, SNOD, Statutory Notice of Deficiency
Posted in Amended Tax Return, Appeals & Audit Resolution, Audit Technique Guide, Back Taxes Owed, Enrolled Agent, Intent To Levy, Intent To Lien, IRS Appeal, IRS Audit, IRS Collections, IRS Enforcement, IRS Examination, IRS Levy, IRS Lien, IRS Mediation, IRS Penalties, IRS Penalty and Interest Abatement, Non-filed Tax Returns, Paying Taxes, Statutory Notice of Deficiency, Tax Guidance & Preparation, Tax Relief

How to Get a ‘Fresh Start’ with the IRS

Posted on June 1, 2011 by John R. Dundon II, EA — No Comments ↓

According to IR-2011-20 published on Feb. 24, 2011, in its latest effort to help struggling taxpayers, the Internal Revenue Service announced a series of new steps to help people get a fresh start with their tax liabilities. The goal is to…

Tagged with: Direct Debit Installment Agreement, Fresh Start, IRS, Offer in Compromise, OIC, Tax Lien
Posted in Alternative Minimum Tax (AMT), Amended Tax Return, Appeals & Audit Resolution, Back Taxes Owed, Business Expense, Colorado Department of Revenue, Disallowed Expenses, Intent To Levy, Intent To Lien, IRS Appeal, IRS Audit, IRS Collections, IRS Enforcement, IRS Examination, IRS Levy, IRS Lien, IRS Mediation, IRS Penalties, IRS Penalty and Interest Abatement, Non-filed Tax Returns, Paying Taxes, Payroll Tax Problems, Rental Real Estate, Self Employ, Small Business, Tax Problems & Requests, Tax Relief

Being Compliant with Federal Tax Obligations May Soon Be A Requirement For Passport Renewal

Posted on May 3, 2011 by John R. Dundon II, EA — No Comments ↓

According to a recent Government Accountability Office (GAO) report, the State Department issued 224,000 passports to citizens who owed approximately $6 billion in income tax in 2008. Purportedly that amount has increased over the last three years. Most of the perpetrators are…

Tagged with: Federal Tax, Passport, Passport renewal
Posted in IRS Collections, IRS Examination, Non-filed Tax Returns, Tax Guidance & Preparation

Blog Archives

Why You Should File Past Due Tax Returns NOW

IRS Centralized Insolvency Operation

IRS’ Offshore Voluntary Disclosure Initiative OVDI Available until August 31st 2011

How to Respond to the ’90 Day’ IRS Letter aka Statutory Notice of Deficiency – IRS Publication 3598

How to Get a ‘Fresh Start’ with the IRS

Being Compliant with Federal Tax Obligations May Soon Be A Requirement For Passport Renewal

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