Although the IRS penalizes tax holders who don’t pay their taxes or settle their taxes late, the tax authority also provides certain tax dispute resolution methods. If you receive a Final Notice of Intent to Levy from the IRS, for instance, you have the right to file an IRS appeal that’s stated in the letter. Before the IRS decides to garnish your wages or take possession of your bank account for settling any dues, you can file an IRS appeal or apply for tax relief. The blog discusses some more information on the subject. Read on.
Filing an IRS Appeal
Every taxpayer has the right to file an IRS appeal. Among others, a common type of appeal is a Request for a Collection Due Process or Due Process Hearing, which requires you to fill certain forms. You need to provide a list of each proposed item that you think isn’t correct, and mention the reason(s) for the disagreement. You also need to provide the facts and the law or authority, which support your claim. The appeal process is quite lengthy and confusing which is the reason why you need to seek the help of a professional when filing an IRS appeal.
IRS Appeals Guide
The appeals guide contains every information from a brief description of the Appeals Office to ways of filing a written protest and represent yourself during the process. IRS appeals are very time-sensitive, and if you take more time in just understanding the process, soon the problems may multiply. That’s why it’s ideal to hire a professional tax attorney who has the skill and experience to effectively handle all IRS appeals and communications.
Tax Reliefs
To encourage more people to pay taxes on time, the IRS expanded its Fresh Start Initiative in 2012. The primary motive of the initiative is to have a record of the total number of tax defaulters and provide some relief to the taxpayers. These are the three types of relief the program provides to taxpayers:
Penalty Relief
Provides an extension of 6 months to eligible taxpayers for settling their taxes.
Installment Payment Plan
Debtors can make arrangements with the IRS, under the tax relief program to meet their tax liabilities in installments.
Offer in Compromise (OIC)
You can use the provision to pay less taxes than what you actually owe to the IRS.
Conclusion
All the above tax relief provisions have certain requirements that you need to understand in detail before you consider them. A tax lawyer can help you understand these things in detail. Moreover, they can help you learn about tax dispute resolution rules, besides speaking to the IRS on your behalf to file your tax appeal the right way.
IRS Problem Resolution 