IRS Collections: A Primer For Tax Preparers

CPAs, Enrolled Agents and attorneys are part of a privileged group that can represent taxpayers at all levels before the IRS, yet many choose not to extend their practice when collections issues arise. For those that do, there are some things they should know about, according to Curtis Hunter, a shareholder in the Coral Gables office of law firm Becker & Poliakoff PA.

By Roger Russell, Published September 12, 2017, 9:08am EDT  Read the entire article HERE on AccountingToday website

“The first step in resolving tax disputes with the IRS is to understand the taxpayer’s rights and the alternative defenses available. Although understaffed, Collections is still a significant activity of the IRS,” said Hunter, who specializes in the areas of federal and state tax, estate planning and litigation.

“There are specific procedures the IRS must follow during the collection process, beginning with an established time frame for serving notices to taxpayers,” he said. “These procedures are designed to provide taxpayers sufficient time to pay taxes before the IRS files a lien. And it’s important to note that the IRS is not required to prove that the notices are actually received by the taxpayer. Simply establishing the date the notices were mailed is sufficient.”

The IRS has 10 years to collect delinquent taxes…

Article continues HERE on AccountingToday website.

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