Special offer

Norwalk, CT: The Ten Biggest Mistakes Taxpayers Make

By
Education & Training with By The Book Taxes 00114257-EA

Generally speaking, taxpayers should never try and represent themselves before the IRS. It’s best to hire a professional (Enrolled Agent, CPA or Attorney) with tax representation knowledge and experience to represent you. They are trained in IRS process and procedure and will ensure that you make use of all your taxpayer rights.

 

My firm, By The Book Taxes, located in Norwalk, CT specializes in income tax preparation for individuals, families and self-employed people. By The Book Taxes represents clients before the IRS and state taxing authorities to help them resolve their tax debts by preparing and filing Installment Payment Agreements, Offers-in-Compromise, Currently Not Collectible and Innocent or Injured Spouse applications. By The Book Taxes also represents clients in 1040 examinations or audits.

 

 

The ten (10) biggest mistakes taxpayers make are:

Automatically filing a joint (MFJ) return if married

 

Non-filers filing more than the last six (6) years of tax returns

 

Thinking that the tax return that the IRS creates for you (called an SFR or “Substitute for Return”) if you haven’t filed in a while requires you to file an actual return

 

Not opening the mail you get from the IRS

 

Not requesting a “Collections Due Process” (CDP) Appeals hearing

 

Not securing a loan from a family member with a lien and repayment plan

 

Not liquidating assets to pay current taxes to get into “compliance” for an “Offer-in-Compromise” or reduced monthly payment agreement

 

Paying the oldest tax year(s) balances first

 

Not paying your current year (estimated) taxes first

 

Trying to deal with the IRS by yourself

 

If you have years of unfiled tax returns or owe money to the IRS, please call me before the IRS finds you.  I can help.