Michael D. Sullivan, a Former IRS Agent, leads a nationwide team of tax professionals at MD Sullivan LLC, based in Florida. Our team includes experienced Tax Attorneys, Lawyers, CPAs, Enrolled Agents, and ex-IRS Agents, offering over 250 years of combined IRS resolution experience. We specialize in resolving IRS back tax penalty cases efficiently and effectively. Michael D. Sullivan provides immediate representation to stop IRS intrusions into your business and personal life, ensuring peace of mind. For IRS tax relief, expert tax solutions, and top-tier tax services in Florida, trust MD Sullivan LLC.
Paul Koullick, founder and CEO of Keeper tax computer software, warns People hoping for an offer in compromise which the road will probably be a troublesome just one. Eligibility prerequisites are rigid.
The initial payment will be 20% within your offer in compromise amount of money for lump sum dollars offers in compromise. The payment amount varies for periodic payment OICs,, and you will have to carry on producing month-to-month installment payments When you await approval.
If you fall short an exam element, you should permit 24 several hours right before scheduling another appointment for that very same aspect. Having said that, you are able to schedule an appointment for a different Examination portion devoid of ready 24 several hours.
Requests must be submitted in producing through the taxpayer to the case or team manager, who will approve or deny the request.
Usually, any prison offense causing a felony conviction under federal tax rules or maybe a felony conviction connected to dishonesty or a breach of rely on, which is below 10 several years outdated.
A payment plan doesn’t get you outside of interest for late payment — that accrues right until your equilibrium is zero. But obtaining on a prepare can decrease the failure-to-shell out charge by fifty percent.
Pass a suitability Check out, which will contain tax compliance to make certain you might have submitted all vital tax returns and there aren't any exceptional tax liabilities; and felony track record
The IRS will start examining programs after the job announcement closes or following a set Slash-off day(s). We'll evaluate your software to ensure you're suitable and meet up with the job skills, and can place qualified applicants into these groups:
During the contact, we’ll tell you In the event your penalty relief is accredited. If we are unable to approve your relief about the cellular phone, you could possibly ask for relief in composing with Form 843, Claim for Refund and Request for Abatement.
In these kinds of distinctive situations, the affected taxpayer could receive a late filing or late payment penalty see within the IRS with the postponement period of time. The taxpayer need to phone the amount around the discover to have the penalty abated.
The Revenue Agent place affords hybrid operate routine IRS tax resolution services or telework opportunities enabling most function to generally be done from home, or the taxpayer’s area of business enterprise when Performing in the sphere.
Notice: This mailbox is not for IRS staff verification. If you are trying to confirm whether another person is undoubtedly an precise IRS personnel because you obtained an unsolicited check out, phone phone, or e-mail proclaiming being from the IRS, make sure you visit Report phishing.
Previous to filing a return, you seek tax certainty and the avoidance of the transfer pricing dispute While using the IRS and a number of treaty lover administrations by securing an agreement with a transfer pricing methodology. Within an APA, the IRS and a number of international tax administrations come to an agreement Using the taxpayer on: (1) the factual mother nature in the inter-firm transaction to which the APA applies; (two) an correct transfer pricing system (“TPM”) to be placed on any allocation of money, deductions credits or allowances between two or even more controlled companies; and (3) an expected number of benefits from making use of the TPM into the transactions.
skilled. You may even receive diagnostic facts which might suggest regions of weakness in the overall performance where you may need continuing education and learning.