tax debt: How we settle tax debt with the IRS, from a Mississippi tax attorney
- 08/07/19 01:22 PM
As a tax attorney in Ridgeland, Mississippi, we work with Mississippi residents to resolve both civil and criminal tax debt cases. I’m just going to give you an overview of what a typical collections case might look like and the process I use to resolve a tax debt case with the IRS.
Our first step is to figure out what the IRS already knows about you. We want to know what the IRS knows; we’re going to investigate your tax transcripts. We will check past W2s, 1099s, notices from the IRS, statute of limitations issues, bankruptcy options, and several other timelines, the whole gamut. What we can find in this … (1 comments)
tax debt: Can I sell a property in Mississippi with an IRS tax lien?
- 08/07/19 12:58 PM
Since I am a Mississippi tax attorney and my firm deals in civil and criminal taxpayer representation before the IRS and Mississippi Department of Revenue, a state or federal tax lien is something we deal with routinely. In fact, the majority of our clients do not find us until an IRS tax lien has been filed. Unfortunately, this means a large number of our clients are trying to sell the property to resolve their tax issues. Many also find the process may not be as simple as they first believe. But, the reality is, the IRS and/or Mississippi Department of Revenue will be more … (1 comments)
tax debt: Offer-in-Compromise in Mississippi: What makes an Offer-in-Compromise
- 08/07/19 12:14 PM
As a Mississippi tax attorney, we routinely work with clients throughout Mississippi to resolve their IRS federal tax debt and their Mississippi Department of Revenue state tax debt through the offer-in-compromise program. Of course, the first questions is always, how much do I have to offer? Unfortunately, the reality is, it depends. Before determining an offer amount, we must calculate was is called the taxpayer’s Reasonable Collection Potential, or “RCP.” It is this RCP number that will dictate the taxpayers resulting Offer-in-Compromise settlement amount.
So what is the Reasonable Collection Potential?
Well, for our clients in Jackson, Mississippi, and throughout Mississippi, we … (4 comments)
As a tax attorney in Ridgeland, Mississippi, we work with Mississippi residents to resolve both civil and criminal tax debt cases. I’m just going to give you an overview of what a typical collections case might look like and the process I use to resolve a tax debt case with the IRS. 
;)
;)
