Note to readers: If you have Tax Problems, maybe you need someone local, maybe you need someone with a lawyer’s skill-set, or maybe you don’t. Would you like to know? Call me at 844-4-TOM-TAX and ask. Alan Thicke, best known for his role as stay-and-work-at-home dad Jason Seaver in the ABC hit “Growing Pains” has…
by Thomas Groth • • 0 Comments
(and some thoughts on Private Collection of Tax Debts) The news media has been reporting this story for over a year now. Foreigners scamming people into paying the stupid tax. But watch what happens when the tables are turned. And stick around after the break to hear about how congress is floating a proposal that…
by Thomas Groth • • 1 Comment
It wasn’t long ago that Tax professionals in various blogs and internet communities (as well as, presumably in the “real world”) started warning others that the IRS was skipping preliminary notices of deficiency and going straight to final notices of deficiency.
This tactic, likely done for the sake of efficiency and expediency from the IRS’s perspective (or at least that is probably what the IRS would say) will certainly lead to more taxpayers being hit with assessments from the result of a CP2000 or other audit before they know what hit them, and perhaps missing the chance to appeal.
Now the collections arm of the IRS – the “Automated Collection System” (better described as the “tax machine,” if you ask me) is making a similar play, by sending out a notice that looks just like the first Notice of Intent to Levy (which DOES NOT indicate an immediate risk of loss to the taxpayer and after which they cannot file for a hearing), but isn’t. It operates EXACTLY a Final Notice of Intent to Levy (cp1058) but isn’t.
THANKS IRS, really. Well played.
Taxpayers should keep in mind that if they get a letter with notice number LT11 or CP1058, they have a limited time to act before their bank accounts, wages, and other property are exposed to levy and forcible collection by the IRS.
So be careful and call someone.
My number is 860-4THELAW. I’m here to help.