When a taxpayer requests an installment agreement for larger tax liabilities or proposes an offer in compromise, the IRS applies allowable expense standards. Total allowable expenses include those expenses that meet the necessary expense test. The necessary expense test is defined as expenses that are necessary to provide for a taxpayer’s and his or her family’s health and welfare and/or production of income. The expenses must be reasonable. The total necessary expenses establish the minimum a taxpayer and family needs to live and serve as the basis for granting installment agreements and offers in compromise.
REPRESENTATION BEFORE THE COLLECTION DIVISION. Now you can own the best selling book used by tax professionals who represent taxpayers before the IRS .
[ad#HTML] Representation Before The Collection Division Of The IRS is an over 750 page manual written by attorney and former Revenue Officer, Robert E. McKenzie. The book is published by the world’s largest legal publisher WEST PUBLICATIONS. Anyone who owes taxes to the IRS will benefit from this book. In a clear concise manner, Attorney McKenzie presents your options when negotiating with the IRS. When you owe taxes the IRS may seize your bank accounts, most of your wages, your house and almost anything else you own. Don’t let the IRS destroy your finances when you owe taxes!!! This manual covers: LIENS, LEVIES, INSTALLMENT AGREEMENTS, ALLOWABLE EXPENSES, PENALTY ABATEMENTS, OFFERS IN COMPROMISE, APPEAL PROCEDURES , TAXES AND BANKRUPTCY, and SECURING IRS FILES . The author began his career with the IRS in 1972 resigning from the IRS in 1978, the author has become one of the preeminent writers and speakers on IRS procedures. He has presented courses before thousands of tax professionals and has appeared on ABC News with Peter Jennings, Dateline, NBC, The Joan Rivers Show and A Closer Look with Faith Daniels on NBC. He has been quoted in Forbes, Money, The Wall Street Journal and many other national publications. This manual offers insight to the inner workings of the IRS and will allow you to reach the best possible deal on your tax liability. The IRS will not tell you all of your rights. People who know the most about the IRS system receive the best treatment. Many who rely on the goodwill of the IRS end up losing their assets . PROTECT YOUR RIGHTS!!! OWN THE MANUAL USED BY THOUSANDS OF TAX PROFESSIONALS!!!!