The IRS hasn’t written in such a long time….and you’re likely wondering where your old “friend” has gone. You used to have an IRS Debt and somewhat of a relationship, and you think you still might…but it’s been quiet for a long while and you’re beginning to worry.
This worry has lead you to yearn for some knowledge.
Where have they been, how much is the debt now, and how much longer might you have until the CSED (collection statute expiration date) arrives and ends the suspense for good?
You just have to find out…but you don’t want to wake the “slumbering” IRS giant.
Believe it or not…there is a way to accomplish this without waking up to a frozen bank account the next day.
One thing to understand before talking about it…
The IRS collection system is already and always looking for you
It’s not as if someone calls the IRS and a human is dispatched to the scene….”Jake…we’ve found Amy. She called. Go to her house and take her stuff.”
Until a Revenue Officer is assigned (and one will be if you owe a 6 figure debt) it’s a giant system… and one that is always collecting new information about you. W-2 forms, 941 forms, 1099 forms, tax returns, etc. etc. Anything that is filed with your name and social gets plugged in and the collection system re-directs it’s notices based on the new info.
So back to the way to accomplish this without up creating a frozen account the next day.
Allow your Attorney to contact the IRS Practitioner Priority Service and ask it some questions.
The IRS Practitioner Priority Service is a “bat-line” of sorts that the IRS set up for accountants, attorneys, and enrolled agents so that they could find out some information about account activity without having to contact IRS collections.
These calls aren’t supposed to trigger a world wide search by the collection side of the IRS.
The employees at the practitioner service have no connection to the IRS collection section and they aren’t IRS Revenue Officers. If the IRS begins contacting you just after a call to the Practitioner Priority Service it’s because coincidence is a real thing…OR the power of attorney submitted by the Attorney contained an updated address for you… that the IRS’ system didn’t previously have.
That updated address causes the system to divert the notices it was sending elsewhere to you at the new address.
This is the reason people think that calling the Practitioner Priority Service wakes the giant, but the Practitioner Priority Service just answers phone calls, faxes documents, and provides info.
Important info like:
- The time left until the debt goes away. (CSED – See Above)
- Whether your account is actually with collections and is being actively collected on.
- Whether you are still in IRS Non-Collectible Status.
- Whether any final notice of intent to levy has issued telling you whether the IRS can collect.
- Whether the large payments you made are showing up in the system.
- What the amount of the debt is.
- What the amount of interest and penalty is.
- Whether your debt meets date requirements for bankruptcy.
- Whether you have missing tax returns and whether the IRS has filed returns for you.
- All reported income and related (to help you complete the necessary, missing returns)
- What the Account Transcript for each year looks like so that we can verify the above.
If you know that the debt is lingering…and you have the same address now as was on your last return, w-2, 1099, 941…the benefit that might come from learning some or all of the above, will usually far outweigh the risk that a call to Practitioner Priority will do you harm.