Do you IRS Over $100k in Back Taxes, you better CALL US – Former Agents
The Internal Revenue Service treats large dollar cases much differently than it does taxpayers with smaller dollar back tax debts amounts.
I should know I am former IRS agent and teaching instructor.
The basic rule of thumb for the Internal Revenue Service, the more money you owe the deeper the investigation. In today’s world where information is available at the click of a computer button, the IRS can find out a wealth of information about you. IRS can simply Google your name of loads of information appears with a click of a computer key.
Before we negotiate back taxes with the Internal Revenue Service on your behalf we analyze the case just like IRS analyzes the case so we can be your best tax defense for a large dollar back tax cases.
You can contact us today for a free initial tax consultation and we will completely review your case and give you a recommendation on how to move forward.
Our staff is comprised of tax attorneys, certified public accountants, and former IRS agents, managers and tax instructors who have been practicing for a combined 206 years in the tax resolution business and we have over 60 years of direct work experience at the Internal Revenue Service.
We have worked in the local, district, and regional tax offices of the Internal Revenue Service and also taught tax law at the IRS.
Tips for Large Dollar IRS Tax Cases on Back Taxes
- Get current on all tax return filings, because the IRS will come out swinging if you are not up to date;
- Have an exit strategy so the IRS knows you have a plan to resolve this case;
- Prepare a current Information Collection Statement and promptly respond to all IRS inquires.That financial statement will be on form 433-F or 433-A.
- By hiring former IRS agents and managers they will help you understand the IRS system so you can have success in dealing with your large dollar IRS case.
- You will also hear every available tax option so you will have both a short-term strategy in a long-term exit strategy.
IRS has a Large Dollar Unit for Back Taxes
IRS has specially trained Revenue Officers in the local field branches to work Large Dollar Cases. They also have a Large Dollar Case Unit, within the ACS unit, for those cases still in the collection computer system.
In working these cases, IRS will get into significantly more detail while investigating a taxpayer’s ability to pay. By all means, be represented by a professional tax firm for large dollar IRS cases.
It is also important to remember the general attitude of the Internal Revenue Service is not to trust the taxpayer so they will dig as deep as they need to go to make sure all the financial information adds up.
As a general rule IRS will want consistency within a taxpayer’s financial statement, bank statements, cost of living, and the income found on the tax return. All of these things should have a common chord through them.
The Basics for Large Dollar IRS Cases on Back Taxes
IRS all starts with the basics, a courthouse search for real property and DMV search. Those are called the basics.
Here is where it can get interesting.
Many times the IRS pulls credit reports from all three credit agencies. Credit reports contain a wealth of information.
The Credit Report can let the IRS know how much the average monthly charges are,what purchases you are making, what assets you have purchased. The kicker here is this, IRS can find out who has made inquiring and whether you have turned in a financial statement to that source.
IRS can summon the company for that finical statement you turned in and they will match up the financial statement that you gave the IRS.
Being a Former IRS agent I have seen few financial statements ever match up and the IRS can use that to there advantage. This will work to your disadvantage.
IRS also has there own internal locator. The internal locator will have a incomes records over the last six years of all 1099′s, W-2s, tax returns or any third party reporting of income that has been given to Internal Revenue Service.
One of the new sources that IRS is picking up FBAR information that reports overseas bank and financial records. IRS can also inquire of a bank CTR of any cash activity over $10,000 or more.
IRS will then look to a very common search engine called Accuriant or Lexis Nexis used by many creditors today. The Accuriant/Lexis Nexis search engine has over 37 billion current public records can detect fraud and verify identities and also help the IRS investigation. It is one of the go to tools that are used by the Internal Revenue Service.
The IRS will also look to other external sources. The public search engines such as Google, Bing, Yahoo, LinkedIn and Facebook and other social media can let the IRS agent know about your life habits.
Depending on the dollar amount of the case IRS can also use information from Passports, conduct 3rd party interviews, vessel and license checks at the courthouse all at the click button.
IRS commonly will check for Patents,Trademarks, Franchises, Licenses, Domain Name of a web site.Since IRS cannot march inside your house how they can find out about your personal assets, simply summons your homeowners policy.
Modern technology has allow not only the IRS but any government agency to ability too find out a plethora of information about you at the click of a button.
The IRS Investigations for Large Dollar Cases
I am a former IRS agent and teaching instructor with the IRS and here are some inside secrets about some of the financial investigation tools and sources that will take place during IRS investigations.
Whenever a IRS Agent get a case for back taxes the IRS will always ask for the taxpayer to give them a current financial statement and that serves as the basis for there investigation.
It also serves to let the IRS Agent IRS know whether you have perjured yourself or have been truthful with the Internal Revenue Service during the course of there investigation.
IRS will use the tools on the Internet to help find out the truth about the case they are working. They will need to attach said documentation to their manager before closing out the case. Most of these investigations last anywhere between 10 and 20 hours.
Before you contact the IRS on a large dollar case it is best to talk to a season tax professional that can walk you through the process and review the different tax options that are available to you. We are available for free tax consultation.
Please remember in working these cases all your tax returns need to be filed, current and up-to-date. It is also very important when giving IRS a financial statement to make sure it is completely accurate and correct to avoid any possible criminal possibilities of fraud.
It only makes sense to hire former IRS agents and managers to negotiate your large dollar IRS tax debt. Having our team worked there for over 60 years when you know the exact systems, the exact protocols, the exact investigative techniques and tax settlement options.
Do you IRS Over $100k in Back Taxes, you better CALL US – Former Agents