IRS Debt Blog

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By Michael S. Anderson of Anderson Tax Law logo for Arizona tax attorney Michael S. Anderson P.C.
  • Legislators consider private IRS debt collection

    The U.S. Senate passed it’s version of a bill meant to fund the highway system, but included language in the bill that would privatize much of the IRS’ collection responsibility.  The U.S. House of Representatives is working on it’s own highway bill and may just include a similar provision.  (The House GOP Wants Private Debt…

  • IRS problems don’t just go away – put the fire out

    IRS problems don’t just go away.  The cartoon is a clumsy way of making the point. The point is that you have to do something.  You can’t ignore the problem and just go about your business. Your house is on fire and you may not realize it. The most common “house-fire” we see is that…

  • The IRS Final Notice of Intent to Levy or why you should always open your mail

    The IRS Final Notice of Intent to Levy or why you should always open your mail I’m surprised at how often my clients bring me a box filled with un-opened mail from the IRS.  To tell you the truth, most of it is junk. Reminders to pay, debt breakdowns, letters requesting missing tax returns, etc….

  • The Offer in Compromise isn’t over when it’s over

    The IRS Offer in Compromise isn’t over when you get the letter approving settlement with the IRS.  Don’t get me wrong, the Offer in Compromise (OIC) can be a great solution for some people with IRS debt. But unlike a chapter 7 or chapter 13 bankruptcy case, an offer in compromise isn’t over when you…

  • IRS Form 433 Matters – There are hidden dangers

    IRS form 433 is the primary piece of equipment that the IRS collection unit and IRS revenue officers use to get your information. If you are an individual that owes almost any type of tax and you don’t qualify for a streamlined agreement, you will probably have to supply the 433a or at least the…

  • Common IRS Scenarios and Real Solutions

    COMMON IRS SCENARIOS AND REAL SOLUTIONS We have helped hundreds of clients solve their tax debt problems.  The following are examples of the most common scenarios we see.  Although the names and the facts used don’t reflect any particular client’s situation, you may find a situation that is similar to your own and it’s potential…

  • No the IRS Fresh Start Program Doesn’t Include Penalty Abatement – Sorry

    Almost every person who contacts me asks about getting rid of IRS penalties.  There are two reasons I think this happens: 1.  Many Americans believe in paying debt and see tax as a debt.  But they regard penalties as just unwarranted punishment. 2.  Many people have been falsely led to believe the IRS’s Fresh Start Program…

  • What is the IRS Fresh Start Program?

    The IRS Fresh Start program was created a few years ago.  It’s claim at the time was that “struggling” taxpayers needed some help so it changed some of the ways it did business with taxpayers.  The changes were done in three areas.  IRS Liens, IRS Installment Agreements and IRS Offers in Compromise. It is debatable whether…

  • IRS Collection Statute Expiration Date – Why do we talk about it so much?

    The very first thing I do when a person with a large tax debt balance hires me, is to calculate the IRS Collection Statute Expiration Date or CSED for short. I calculate the clock. Why do I care so much about this bit of information and write about it all the time?  I mean come…

  • Large IRS Payment Plan vs Chapter 13 Bankruptcy – Which is Better?

    Large IRS Payment Plan vs Chapter 13 Bankruptcy – Which is Better? Combine a large IRS debt, a lengthy IRS statute of limitations period (CSED), and a “good” income, and you may have a recipe for a large monthly IRS payment plan.  Many people are living this “recipe” and as a result are paying thousands…