oic: Minnesota: Don't waste your time on Offer in Compromise "OIC" if you.? - 01/03/21 10:37 PM
Offer in Compromise (OIC) is a program administered by the Internal Revenue Service which allows taxpayers to settle their tax debt for less than the full amount they owe— essentially allowing them a fresh start with the IRS.In the past years, more than 50% of OIC applications received by the IRS are rejected. Here is a quick guideline to determine if you a good candidate for an Offer in Compromise.
1. Taxpayers not in compliance i.e If the taxpayer is not current with the current tax obligations like estimated tax payments, payroll  taxes, have unfiled tax returns.The taxpayer is not a good … (0 comments)

oic: Minnesota: Defaulting on an IRS Payment Plan. - 12/21/20 02:01 PM
I represent taxpayers in Twin Cities,  Minnesota and all the 50 States in the United State before all administrative levels—examination, collection, and appeals—of the Internal Revenue Service (IRS).
You have set up a payment plan with the IRS and you are making regular payments, thing happen you forgot or you are in a situation where you did not make the monthly payment. 
A taxpayer will default on his or her installment agreement by doing any of the following:
• Incurring a new tax debt by filing a tax return with a balance due
• Failing to file a tax return timely and incurring a late … (0 comments)

oic: Minnesota: How to Sell or Refinance Home with a Tax Lien? - 12/13/20 07:31 PM
 I represent taxpayers in Minneapolis, Minnesota and all the 50 States in the United State before all administrative levels—examination, collection, and appeals—of the Internal Revenue Service (IRS).
Contrary to popular belief that the IRS will not allow you to sell a house that has a tax lien, you can definitely sell a house with an IRS Tax Lien. The only thing the IRS requires is that the seller who owes money to the government not walk away with money that the IRS should have received.There are three main options to deal with IRS Tax liens. They are  
Lien Discharge; Lien Subordination;Lien Withdrawal.
In this … (0 comments)

oic: Maple Grove, MN :How to Stop IRS Wage Garnishment. - 11/08/20 08:03 PM
I represent taxpayers in Maple Grove, Minnesota and all the 50 States in the United State before all administrative levels—examination, collection, and appeals—of the Internal Revenue Service (IRS).
One of the tools the IRS uses to get a taxpayer's attention or get a tax debt paid is to start garnishing their wages using a continuing levy. A continuing wage levy is designed to make it economically painful so that it forces taxpayers to contact the IRS and deal with the back tax issue.
Before the issuance of the wage levy, five or six months have passed without the taxpayer dealing with the back … (0 comments)

oic: Maple Grove, MN: Do u know that IRS has 10yrs to collect on tax debt? - 11/03/20 01:23 PM
I represent taxpayers in Maple Grove, Minnesota and all the 50 States in the United State before all administrative levels—examination, collection, and appeals—of the Internal Revenue Service (IRS).
By law, the IRS have 10 years to collect on a tax debt, after 10 years the tax debts expire. For example, a taxpayer owes $25,000 on his/her 2010 return, filed the return in April 2011 and the IRS assessed the taxpayer in May 2011. The IRS has 10 years until May 2021 to collect on the tax debts if the taxpayer did not do anything to extend the date.
 However, there are certain events … (0 comments)

oic: How to Stop IRS Collections? - 10/07/20 08:57 PM
 
I represent taxpayers in Maple Grove, Minnesota and all the 50 States in the United State before all administrative levels—examination, collection, and appeals—of the Internal Revenue Service (IRS). For you to stop IRS Collections you must understand the collection process.
The first step to stop IRS Collections is to call the IRS(the phone number to call is on the IRS notice/letter). It sounds simple but very important.The IRS might be planning to levy your bank account,garnish your wages or enforce other collection actions on your assets,time is of the essence. On the phone you should ask the Revenue Officer/Agent  for time to … (1 comments)

 
Joe Alabi EA, Tax Resolution Specialist - Help with IRS Problems (FishCoin Tax Solutions)

Joe Alabi EA

Tax Resolution Specialist - Help with IRS Problems

Maple Grove, MN

More about me…

FishCoin Tax Solutions

Address: 105 Hamel Rd Suite 150, Hamel, MN, 55340

Office: (612) 516-5878

Fax: (651) 419-2021

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