We frequently appear before both the Internal Revenue Service (“IRS”) and Connecticut Department of Revenue Services (“DRS”) on behalf of taxpayers in Stamford, Connecticut as well as other parts of the state, and tax compliance is almost always raised as an issue.
So what is “Tax Compliance” and what is its importance to your case?
What tax compliance means is that the taxpayer is currently complying with the tax laws, which means that:
- All past due tax returns have been filed
- They are having the proper tax withholding done currently if they are an employee, or if they are self-employed, they are making their current estimated tax payments
The reason for the IRS and CT DRS’ focus on current compliance is this: whether you line in Stamford, CT or elsewhere, there will be no deal on your back taxes if you are still running up tax debts.
Our experience with representing taxpayers before both the IRS and DRS is that both agencies are more than happy to work out a payment plan or compromise on the old tax debt, but not if you are accruing new tax debt.
The other fact to keep in mind whether you are in Stamford, Connecticut or elsewhere, that failure to maintain tax compliance will either void any offer-in-compromise you have made or default any installment agreement you have with the government.
I can assure you the government takes your ongoing tax compliance that seriously. So our advice to you, in Stamford, CT or elsewhere, is take your ongoing tax compliance as seriously as the IRS and Connecticut DRS, and you will find it much easier to settle your outstanding tax debts. If you have any questions regarding tax compliance in Stamford, CT or any other area of Connecticut do not hesitate to contact meat (203) 602-5550 or by email at egreen@convicerpercy.com.
Eric L. Green, Esq.
Convicer, Percy & Green, LLP
60 Long Ridge Rd., Suite 202
Stamford, CT 06902
Ph. (203) 602-5550
Fax (203) 286-1311
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