Rejected Offer in Compromise – FIGHT BACK & WIN – IRS OFFER APPEALS SPECIALIST, FORMER IRS

Rejected Offer in Compromise – FIGHT BACK & WIN – IRS OFFER APPEALS SPECIALIST, FORMER IRS

Posted on by

Mike Sullivan

 

Rejected Offer in Compromise – FIGHT BACK & WIN – IRS OFFER APPEALS SPECIALIST, FORMER IRS

Having been a Former IRS agent and instructor I worked my share of offers in compromise for the IRS.

I know the system and settlement techniques used by the IRS. I will review for Offer in Compromise for no cost and determine if you offer can be accepted by the IRS. 1-866-700-1040.

Things you should know about offers in compromise .

Even though the IRS has a new Fresh Start Program and proudly proclaims it is now ready to settle, the truth of the matter,  the IRS employees do not like working Offers.Why? they take to long to work, the managers must review and if accepted the General Council for IRS must approve the Offer. That means your work is subject to constant review. It is far easier to look for reason to reject the offer that have it accepted.

Hiring tax professionals that know there way around the IRS.

Being Former IRS Agents and Instructors we know our way around the system. It is all about the packaging. If we can make it easy for the IRS agent you have a far greater chance of the IRS accepting the offer if you met the terms of the offer.

Call us today for a no cost consult and see if we can help you. 1-866-700-1040.

The Process of the Offer in Compromise Appeal.

If you received a letter notifying you that your offer was rejected you have 30 days to request an appeal of the decision.

You can request an  IRS Tax Appeals conference by:

1. preparing either a Form 13711, Request for Appeal of Offer in Compromise, or

2. a separate letter with the following information included:

a. Name, address, social security number, and daytime telephone number
b. A statement that you want to appeal the IRS findings to the Appeals office
c. A copy of your rejected offer letter
d. Tax period or years involved
e. A list of the specific items you don’t agree with and a statement of why you don’t agree with each item
f. Any additional information you want Appeals to consider
g. The facts supporting your position on any issue that you do not agree with
h. The law or authority, if any, on which you are relying
i. Sign the written protest, stating this it is true under the penalties of perjury

In preparing a request for an appeal, compile a list of specific with which items you do not agree and include a statement explaining why you disagree with each item.

Consider using Form 13711 in the preparation of your appeal.

You may also find a review of the following beneficial to review your denial letter and gather the correct facts so the IRS Agent can understand what you disagree with. you should start with the:

1. Your Form 433-A, Collection Information Statement for Wage Earners and Self-Employed Individuals,
2. the supporting documentation submitted with the Form 433-A

Check your figures and calculations again and verify the documents you submitted to Collection.

The Monthly Income/Expense Statement (see Section 4, Page 4) requires you to provide the following:
1. Proof of pay stubs and earnings statements of gross earnings and deductions for the past three months from each of your employers,
2. Proof of pension, social security and/or other income for the past three months,
3. Current statement(s) from the lender on your automobile(s), including the monthly payment and balance due for each vehicle,
4. Current statement(s) from all lien holders on your residence, including the amount of the monthly payment and balance due for each lien,
5. A copy of your last filed Form 1040 with all schedules, and
6. Proof of current expenses paid for the past three months including utilities, rent, insurance, property tax, non-business transportation expense (i.e. car payments, lease payments, fuel, oil, insurance, registration, parking), healthcare (including insurance premiums co-payments, other out-of-pocket expenses) and court-ordered payments. All documnents must be attached with clear copies of receipts.

Common Mistakes for the OIC

a. The amounts used on the Monthly Income- Expense Statement  of Form 433-A could be different than the amounts used on the IET worksheet for food, clothing, miscellaneous, transportation, housing and utilities, out-of-pocket healthcare and other expenses.

b. Collection Financial Standards are used to help determine a taxpayer’s ability to pay a tax debt. All standards, except miscellaneous, are derived from the Bureau of Labor Statistics (BLS) Consumer Expenditure Survey (CES). These financial standards are explained below:

c. National standard expense allowed for food, clothing and miscellaneous monthly expense. The standard amount is computed based upon your income and family size instead of actual expenses.
d. National standard expense allowed for out-of-pocket health care expenses including medical services, prescription drugs, medical supplies (i.e. eyeglasses, contact lenses, etc.). This amount is based on Medical Expense Expenditure Panel Survey data and is in addition to the amount paid for health insurance.
e. Housing and utilities expense allowed for housing and utilities monthly expense. The standard amount is computed based upon the state and county where you reside and your family size.
f. Transportation expense allowed for monthly transportation expenses. The standard amount is computed by combining the standard for ownership cost and operating cost. This is based on the number of vehicles you own and the region you live.Note: Certain assets such as vehicles, and real estate should be valued at the quick sale value. This is the amount you can sell the asset today.

g. You may compute the value of a vehicle by consulting a trade association guide for the fair market value  and discounting the value by 20%. You may compute the value of real estate by an appraisal, the replacement cost value on your residence and possibly the taxable value of your home.

Lastly make sure all documents and letters of explanation are attached.

Rejected Offer in Compromise – FIGHT BACK & WIN – IRS OFFER APPEALS SPECIALIST, FORMER IRS

About Michael Sullivan

Michael Sullivan is Former Award Winning IRS Agent and Teaching Instructor with the Internal Revenue Service. Mr. Sullivan worked in the local, district and regional offices of the IRS. Mr. Sullivan has been in private practice since 1982 and is a tax expert in the field of Federal and State Tax Resolution. Connect with Michael Sullivan on Google+

View all posts by Michael Sullivan →
This entry was posted in Tax Advice, Tax Help and tagged fight back. Bookmark the permalink.

Call We Can Solve Your Tax Problem Immediately!

Member Of NSA, FICPA, NAEA, Better Business Bureau Accredited Business

: Home: The Firm: Tax Solutions: FAQs: Testimonials: Media Center: Press Releases: IRS Forms: Blog: Contact:
: Site Map: Privacy Policy:

: Immediate Representation: Received IRS Letter: Remove IRS Wage Garnishment: Remove IRS Bank Levy: Installment Agreements:
: Release Tax Liens: Unfiled Tax Returns: Negotiate Offer in Compromise: Innocent Spouse: Settle Payroll Liability / 941:
: Apply for Hardship Status: Large Dollar Cases: 165 Theft Loss Tax Deduction: Owe 401k IRS Taxes: Christian Tax Professionals:
: IRS Tax Audit: Florida Sales Tax Problems: Florida Tax Attorney: Income Tax Return Preparation:

 

Fresh Start Tax provides solutions to your IRS Tax Problems in South Florida including the Palm Beach, Broward and Miami-Dade Counties and the cities of:
Miami, Fort Lauderdale, West Palm Beach, Weston, Plantation, Boca Raton, Delray Beach, Hallandale, Deerfield, Pompano

Now providing Tax Solutions to Highlands County including Sebring

*Mr. Sullivan has been in private practice since 1982 in South Florida which gave roots to Fresh Start Tax LLC.
The firm began as Sullivan & Powell PA and through the years transitioned to its now current form.

All attorneys are retained by separate engagement on all tax cases to maintain attorney client privilege.
They have the option if retaining fresh Start tax LLC by engagement or on certain cases by use of a Koval letter.
Should you have any question you can speak directly to the attorneys or lawyers themselves.
Anthony M. Verni is admitted to practice law in the state of New Jersey and licensed as a certified public accountant in the state of Illinois.
Frank Andreacchi, Ed Vecchio and Scott Szaro are no longer with the company and are pictured on our site.

Disclaimer: No Rendering of Advice - The information contained within this website is provided for informational purposes only and is not intended to
substitute for obtaining accounting, tax, or financial advice from a professional accountant. Presentation of the information via the Internet is not intended
to create, and receipt does not constitute, an accountant-client relationship. Internet subscribers, users and online readers are advised not to act upon this
information without seeking the service of a professional accountant. Any U.S. federal tax advice contained in this website is not intended to be used for
the purpose of avoiding penalties under U.S. federal tax law.

Accuracy of Information - While we use reasonable efforts to furnish accurate and up-to-date information, we do not warrant that any information
contained in or made available through this website is accurate, complete, reliable, current or error-free. We assume no liability or responsibility for any
errors or omissions in the content of this website or such other materials or communications. Call Fresh Start Tax at 954-492-0088.

Disclaimer of Warranties and Limitations of Liability - This website is provided on an "as is" and "as available" basis. Use of this website is at your own risk.
We and our suppliers disclaim all warranties. Neither we nor our suppliers shall be liable for any damages of any kind with the use of this website.

Links to Third Party Websites - For your convenience, this website may contain hyperlinks to websites and servers maintained by third parties. We do not
control, evaluate, endorse or guarantee content found in those sites. We do not assume any responsibility or liability for the actions, products, services and
content of these sites or the parties that operate them. Your use of such sites is entirely at your own risk.

© 2014 Fresh Start Tax : All Rights Reserved :