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Over the years the IRS offer in compromise program has been the subject of a great deal of criticism by Congress, the National Taxpayer Advocate and taxpayer representatives. The new initiative represents the most dramatic liberalization of IRS settlement policies ever announced. It represents a welcome change from an agency which has always placed substantial roadblocks to those seeking to compromise their tax [...]
For example, one Chicago-based hot-dog-stand owner said his cost of goods sold was 50% of gross receipts, said Robert McKenzie, a partner in the law firm Arnstein & Lehr. “I know Chicago hot dogs are great, but he had a high cost.” [...]
Robert E. McKenzie ©2012
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The IRS recently relaxed its rules for payment of smaller tax liabilities. The revised procedures now allow taxpayers up to 72 months to pay their tax obligations. The new procedures also increase the maximum amount subject to the relaxed streamlined agreements from $25,000 to $50,000.
You may request a monthly installment plan [...]
On January 11, 2012 National Taxpayer Advocate Nina E. Olson released her annual report to Congress, identifying the combination of the IRS’s expanding workload and declining resources as the most serious problem facing taxpayers. The result, the report says, is inadequate taxpayer service, erosion of taxpayer rights, and reduced tax compliance. The Advocate expressed her continuing concern that the IRS’s expanding use of automated processes to adjust tax liabilities is causing harm to taxpayers and recommended that Congress enact a comprehensive Taxpayer Bill of [...]
2013
January 23, 2013
Teleseminar
Winning Strategies LLC
March 26, 2013
Webinar
U.S. Tax Agent Program
April 3, 2013
Webinar
American
Society of Tax Problem Solvers
May 14-16, 2013
Las Vegas, NV
California
Society of Enrolled Agents
May 15, 2013
Las Vegas, NV
American
Institute of CPA’s (AICPA)
May 18, 2013
Baltimore, MD
American
Society of Tax Problem Solvers
May 23, 2013
Webinar
National Society
of Accountants (NSA)
May 28, 2013
Webinar
U.S. Tax Agent Program
May 31 – Jun 1, 2013
Reno, NV
California
Society of [...]
By: Robert E. McKenzie
©2011
1. A CHANGING IRS
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More Compliance Centers to Cease Processing Returns:
1.10 Because of electronic filing the IRS is gradually eliminating its return processing centers. The closure schedule is as follows.
Philadelphia, Memphis & Holtsville no longer process
Andover10-09
Atlanta10-11
As of October, 2011 there will be 2 returns processing centers [...]
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