Thursday, June 19, 2008

Who Hires Washington Tax Services?

Here's a brief survey of my last 20 clients:

Of my last twenty clients :

80% had 1040 issues - (16) including a) substitute for returns, b) balances - owed, c) non filer of many years d) research of client's old tax record

15% 941 or payroll tax issues - (3 ) a) balance due situation on open corporation or sole proprietorship.

5% BOTH 941s and 1040s - (1)

Tuesday, June 17, 2008

Social Security Levies

If you are being hit with a Social Security levy, filing an Offer in Compromise - Doubt as to Collectability - should release that levy against you and suspend ALL collection activity.

Call me for details at 1-866-525-7302.

Friday, June 6, 2008

The "Large Dollar Unit" of the IRS

If you are one of the unlucky ones who owes more than $100,000 in personal income taxes, you may just be assigned to the "Large Dollar Unit" of IRS collections. This office, based in Long Island, New York, handles high volumes of cases that don't get assigned to a local Revenue Officer (which many large cases also do.) This office was previously based in Buffalo, NY. While it sucks to owe 100k plus, the large dollar unit is NOT so bad: they are very very slow at working cases and that just may be to your benefit.I have had at least three cases in the last couple months that seem to drag on and on in that division. At least, my clients don't suffer wage or bank levies while the molasses drips!One thing is for sure: this division wants a lot of detail before they resolve your case. Be prepared to get your a) bank statements b) medical expense proof ....virtually anything that will prove you're spending your hard-earned money.