I Got a Letter from the IRS. What do I do?

Question. I Got a Letter from the IRS. What do I do? Answer. Read it. Seriously, many of our client’s are to afraid to open the letter and sadly in many cases the clock is running. For example, if you have just been audited you may receive this letter with a computation report of proposed… [Read More]

How do I appeal an IRS Audit?

Question: How do I appeal and IRS Audit? Answer:  First, after you audit, the IRS sends an examination report with proposed adjustments to the taxpayer; these will also include additional penalties and interest. Assuming you don’t sign off and return a copy of the report within a few weeks, the IRS will usually send you… [Read More]

Was your Offer in Compromise rejected? Appeal.

An offer in compromise (OIC) is an agreement between a taxpayer and the Internal Revenue Service that settles the taxpayer’s tax liabilities for less than the full amount owed. If the liabilities can be fully paid through an installment agreement or other means, the taxpayer will in most cases not be eligible for an OIC…. [Read More]