fighting the irs: Richardson TX - I Received a CP2000 Notice from the IRS. Now What? - 07/19/19 09:01 AM
The IRS sends a CP2000 notice to taxpayers when the income or payment information on file with the IRS doesn’t match the information that was reported on your tax return. Due to that difference, there may be an increase, decrease, or no change to the tax reported.  Taxpayers come into our Richardson TX office and want to know how to properly respond to the notice.  Read further to learn more on effectively dealing with the CP2000 Notice.
 
What Should You Do?
First, make sure you open your mail. While this sounds like sarcasm, in reality, many of the problems that I assist … (0 comments)

fighting the irs: Richardson TX - CAP - The IRS Collection Appeals Program - 06/30/19 10:35 AM
The Collection Appeals Program or CAP is one remedy available to taxpayer who have a variety of IRS issues. CAP hearings can be valuable resource in some circumstances and it is one option that we consider when taxpayers come into our Richardson, TX office with tax problems.
 
The right to a cap hearing is triggered by any of the following events:
Notice of Federal Tax Lien Notice of Levy Notice of Seizure Denial or Termination of Installment Agreement  CAP hearings where created by Congress as a result of IRS abuse, and are procedural reviews. A CAP appeal can be used effectively if the … (0 comments)

fighting the irs: Richardson TX - Innocent Spouse Relief Under 6015(c) and who Qualifies - 06/22/19 11:34 AM
As discussed in earlier blogs, while Married Filing Joint filing status (MFJ) is popular for married taxpayers because it often results in a lower tax liability, another consequence of filing MFJ, is that each spouse is jointly and severally liable for the taxes due on a joint return, regardless of who earned the income, and the IRS can collect from both spouses.  In some situations, this can result in an inequitable tax liability for an “Innocent Spouse”.
 
In these circumstances, the “Innocent Spouse” taxpayer may qualify for Innocent Spouse Relief for all or a part of the tax liability. We often … (1 comments)

fighting the irs: Richardson TX - Removing IRS Penalties For Reasonable Cause - 06/05/19 07:27 AM
In our last blog, we discussed IRS Penalty abatement using the First Time Abatement option. Today, we will talk about getting your penalty abated using Reasonable Cause to resolve the issue. Tax Penalties are a common issue for taxpayers that come to our Richardson TX office to discuss tax problems. Penalties can double your tax debt (or more) over time. The IRS does not simply remove penalties upon request. It is the government’s position that penalties serve as a valuable tool in compliance. However, you may be able to remove penalties using Reasonable Cause if you qualify.
 
How Do I Qualify Using … (1 comments)

fighting the irs: Richardson TX - Removing IRS Penalties Using First Time Abatement - 06/02/19 07:54 AM
Today, we’re going to spend some time talking about how to have an IRS Tax Penalty removed if it is your first offense or the first in 3 years.  This is a common issue for taxpayers that come to our Richardson TX office to discuss tax problems.  Penalties can double your tax debt (or more) over time.  The IRS does not simply remove penalties upon request.  It is the government’s position that penalties serve as a valuable tool in compliance.  However, First Time Abatement, is a circumstance in which you may be able to get your penalties abated. 
 
What Qualifies as … (0 comments)

fighting the irs: Richardson TX - Strategies to Minimize IRS Payroll Tax Debt - 05/31/19 09:06 AM
Payroll Tax Debt can become a nightmare for a taxpayer who gets behind. In addition to the potential penalties to a corporation, LLC, or partnership for unpaid taxes, there is also the potential for personal liability. When taxpayer’s come into our Richardson TX office with Payroll tax debt, one of our priorities is to minimize personal exposure while effectively removing the taxes.
 
Today we will discuss three strategies to reduce liability, including personally liability, if faced with Payroll Tax Debt. How you will address the payroll tax debt is highly correlated with the taxpayer’s unique circumstances. Remember from our past discussion … (1 comments)

fighting the irs: Richardson TX - The Nightmare of Payroll Tax Debt - 05/26/19 08:56 AM
Payroll Tax Debt can be a true nightmare for a taxpayer. It can impact both the business of the taxpayer, as well as put their own personal assets at risk. It’s critical to understand these issues when working resolve tax debt related to payroll.   When taxpayer’s come into our Richardson TX office with Payroll tax debt, we make special efforts to educate them and work to resolve the tax debt, while minimizing their potential personal exposure. This article is the first in a series of articles related to payroll tax. Today will be an overview of the consequences of Not Timely … (0 comments)

fighting the irs: Richardson TX - The IRS Tax Levy and What They Can't Take - 05/04/19 09:52 AM
The Tax Levy
The Tax Levy is probably the IRS’s most potent tool to deal with delinquent taxpayers. It quickly gets the Taxpayer’s attention and is the most common reason that new clients come to our Richardson, TX office. In prior blogs, we’ve discussed the Levy Process and what to do if you find yourself levied. In this installment of the IRS Levy series, we’ll take a look at what the IRS CAN NOT levy.
 
What the IRS Can’t Levy
Certain Property is Exempt from Levy. This Property includes –
85% of Unemployment Benefits (Meaning 15% is available for levy) 85% of … (0 comments)

 
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Bob Jablonsky

Helping you resolve your IRS Problems!

Richardson, TX

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