Forbes Blog: IRS Relaxes Offer In Compromise Rules

IRS Relaxes Offer In Compromise Rules

Offers in Compromise

In 2011 the IRS issued a new offer in compromise form. Taxpayers proposing compromises based upon doubt as to collectibility of effective tax administration must submit revised Form 656. Taxpayers proposing an offer based upon doubt as to liability must now submit Form 656-L and a narrative setting forth defenses to the liability. To comply with the new downpayment requirements taxpayers must submit Form 656-PPV with the required [...]

An Underfunded IRS Benefits the Non-Compliant

An Underfunded IRS Benefits the Non-Compliant

Avoiding Offshore Penalties by Voluntary Disclosure

Robert E. McKenzie Audio Discussion: Avoiding Offshore Penalties by Voluntary Disclosure

Robert E. McKenzie: Audio Discussion of Immigrants Caught up in the New FATCA Law

Immigrants Caught up in the New FATCA Law

National Taxpayer Advocate Reports Folly in Cutting IRS Budget

National Taxpayer Advocate Reports Folly in Cutting IRS Budget

 

2014 IRS Representation Update

 

2014 IRS REPRESENTATION UPDATE ©2014

By: Robert E. McKenzie

1.  A CHANGING IRS

 

IRS Workforce

1.10    Because of Congressional cuts in IRS budgets its workforce continued to shrink until 2008. In 2009 and 2010 the IRS had its budgets grow and its workforce grew. In 2011 the IRS budget was frozen and its workforce shrank. In [...]

Robert E. McKenzie 2015 Speaking Engagements

Robert E. McKenzie 2015 Speaking [...]

7 Million Taxpayers Fail To File Their Income Taxes

7 Million Taxpayers Fail To File Their Income Taxes