Category: I.R.S. and State Tax Controversies and Representation

July 25, 2021 BigCpa

So, you received a letter from the I.R.S. informing you that the I.R.S. is attempting to collect your unpaid federal income taxes.  What do you do?  How do you respond? The letter may have come from the I.R.S.’s Automated Collection System or it may have have come from an I.R.S. Revenue Officer.  Both the ACS…

March 28, 2017 BigCpa

Anyone who has received a letter whose sender is the Department of the Treasury, Internal Revenue Service understand the anxiety the receipt of such a letter engenders. If that letter informs you that your return has been selected for examination, your anxiety increases markedly. In this post I will try to assuage your anxiety by…

August 26, 2016 BigCpa

We all know that the I.R.S. has broad authority to collect delinquent taxes. However, that authority is not unlimited. In subsequent installments of Tarras on Taxes we will explore some of those limitations and some defenses you may use to combat I.R.S. collection actions.   I.R.S. collection actions typically begin with a letter from the…

August 25, 2016 BigCpa

The I.R.S. has two powerful collection tools that it uses to enforce collection of delinquent tax liabilities. These are liens and levies.   Liens occur when the I.R.S. takes a security interest in your property. Most of us are familiar with liens that a mortgagor will place on our property when we execute a mortgage…