About Tax Resolution Companies
IRS Penalties & Interest
IRS Audits, Appeals, and Litigation
IRS Whistleblower Claims
Tax Advice and Planning
- Individuals who live in the U.S. and all U.S. citizens wherever they live if their income exceeds certain limits.
- Corporations or Subchapter S corporations subject to income tax regardless of whether the return shows a tax due or a loss.
- Trustees and other fiduciaries of trusts and estates.
- Those who employ or pay amounts subject to withholding tax.
- Those who have a manufacturer or retailer excise tax, environmental excise tax, indoor tanning service tax, foreign insurance policy excise tax, and other insurance excise taxes.
- Domestic international sales corporations.
- Those who have a financial interest or control over a foreign financial account.
- Those who participate in reportable transactions that must be disclosed to the IRS.
- Those who make gifts in excess of the annual dollar amount exclusion.
- An estate of a person who passes away if the gross estate exceeds the basic exclusion amount reduced by the decedent’s adjusted taxable gifts.
- An estate for nonresident aliens who had assets located in the U.S.
Processing questions (i.e., the IRS received your tax return or other form and it was missing information needed to process the form),
Tax assessment issues (i.e., you reported too little tax on your return or you did not file a return), or
Tax collection issues (i.e., you owe a tax and the IRS would like payment).
So the first step is to try to determine which category your IRS letter or notice is in. This may be obvious from the face of the correspondence. In other cases, you may have to look to the name of the IRS office that issued the letter (such as the IRS ACS or Automated Collection System) or the job title for the IRS employee who sent the letter. In other cases you may have to note the letter code (which is usually on the top right of the IRS letter or notice) and google the code to try to determine what the correspondence is about.Here is a list of common IRS notices that may help you determine the best course of action.
Of course, if there is any doubt, you can (and should) call a qualified tax advisor.
The IRS is typically slow in processing tax returns and refund checks. You should contact the IRS 800 number to check on the status of your return or refund. If you are experiencing a significant delay and are not able to resolve the matter by calling the IRS 800 number, you may need to reach out to the IRS Taxpayer Advocate. Again, another option is to hire a qualified tax advisor.
There is typically a very short period of time for bringing suit against service providers, including tax advisors. We do not mention this as an encouragement to bring suit, but, rather, as a warning that you need to act quickly to protect your rights. You should speak to a tax attorney as soon as possible.