If you're struggling with IRS problems…there are solutions. Mesa Attorney Michael Anderson has more than 20 years experience helping individuals and the self-employed deal with the IRS. Learn more about what makes his practice different and how that can help you find a real solution.
Debt problems are bad enough. But imagine that you had a really big credit card debt problem and a large IRS debt…what would happen? How would you deal with them both. Would “phantom” income force you to consider bankruptcy? Would bankruptcy even solve the problem?
IRS Penalties can be the most frustrating part of an IRS Debt. Most people want to pay the tax debt if they can find a way to do it…but the penalties, which can reach almost 50% of the overall debt amount, are just deflating. They feel like pure punishment, and they are. Understanding them and how they can be reduced or eliminated legally is the first step in getting rid of them.
Misconceptions abound. The one we hear the most is the misconception that the bankruptcy code can't help you deal with IRS Debt. If you suffer under this misconception, just know that not only can you discharge IRS tax and penalty if your situation is right. If it’s right…the law REQUIRES that income tax and other non-trust fund type tax debt be discharged as a personal obligation.
The tax resolution industry likes to give off the impression that the IRS is settling debt right and left. Nothing could be further from the truth. Most people with IRS debt don’t qualify to settle their debt formally. Instead most people end up in some form of a payment plan. The types of payment plans and how they work are described here.
The IRS Tax Lien is a real pain. The IRS likes it because it tells other creditors not to use your home or other real property as collateral and preserves it’s right to any equity. It’s difficult to solve. But…there are ways to deal with it. If you have an IRS Lien read and learn more about your options.
IRS audit results are often wrong because the taxpayer either didn’t participate or didn’t provide enough proof. Fortunately, there is a way to get the IRS to re-consider it’s decision. Learn more about how it works.
An IRS Revenue Officer isn’t the last person in the world you want to meet…but it’s close. Whether an Officer has knocked on your door yet or not… it may be wise to review these 8 things to know about dealing with a Revenue Officer.
The IRS is a bit tricky when providing due process. As a result, it’s important to know the difference between two letters it sends before it levies or garnishes. Two letters that look the same at first glance but that have one very important difference.
The IRS hasn't written in a long time....and you're worried. I mean you used to have a relationship of sorts. Maybe it’s time to find out what’s going on. There’s some important info your attorney can glean from the IRS Practitioner Priority Service without waking your old “friend”.