I’m looking for professional advice on how to best handle old collection accounts including the credit score and tax implications. The yahoo answers community provides great information about specific questions, but I think I need to pay for services from a professional to review my personal circumstances. Is this a tax lawyer? Credit lawyer?
If anyone has experience in this situation, I’d really appreciate advice/information about the process and finding someone trustworthy.
Thank you
Product Description
The Fall 2006 Supplement for IRS Tax Collection Procedures provides discussion and analysis of substantial new developments since the publication of the last Supplement in the Spring 2006. This new Supplement provides timely coverage of many recent IRS pronouncements, new tax court rulings, and IRS operations changes. New developments on such topics as the Tax Increase Prevention and Reconciliation Act offer-in-compromise changes; proposed regulations on third-party summons; Office of Chief counsel reoganization of its field operations; private collections agency developments in Congress; United States Court of Appeals affirming that the Federal Trade Commission has exceeded its authority in determining that t… More >>
IRS Tax Collection Procedures–Supplement
IRS Collection Statute Expiration Date (CSED)
1. RepresentationFirst and foremost, you have the right to represent yourself before the IRS to dispute any unpaid taxes or additional fees. Alternatively, you have the right to seek help from a professional to represent you before the IRS. However, the person must be a person allowed to practice before the IRS, such as a tax attorney, certified public accountant, or IRS enrolled agent.2. Protection of RightsAccording to the IRS’ code, all employees must explain and protect your rights throughout all contacts and negotiations.3. ConfidentialityThe IRS is not allowed to disclose information given to the IRS to anyone, except as authorized by law. Additionally, you have the right to know how the information will be used, and what happens if the requested information is not provided.4. Records of ContactsAlthough the IRS is allowed to contact third parties about your IRS debt without your consent, you do have the right to request a list of all the people contacted.5. Meeting CompanionTaxpayers also have the right to have someone accompany them during interviews with IRS representatives. You can even make audio recordings of any meetings for your records.6. Good FaithIf you can show that you acted reasonably and in good faith and/or relied on bad advice from an IRS representative, you have the right to request all that all penalties assessed by the IRS be waived.7. IRS Appeals OfficeIf you disagree with the IRS on the amount of the tax liability or collection actions taken by the IRS, you even have the right to ask a court or the IRS Appeals Office to review the case.
Any collection activity or threat of collection activity by the IRS can be appealed by the taxpayer. Springer Jones specializes in IRS problem resolution and his entire practice is devoted to helpi…
WHY do you suppose the banking system would rather receive taxpayer funded bailouts instead of having to pay attorneys and debt collectors to try and collect on a bunch of bad debts? THINK ABOUT I…
http://www.getirshelp.com – Tampa Tax Attorney Darrin T. Mish explains that the IRS doesn’t have forever to collect that tax from you. They are bound by the Collection Statute Expiration Date (CSED).
I owe about 8000 and can pay in a couple of months when I sell my house.