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    How To Get IRS Tax Relief: The Complete Tax Resolution Guide for IRS: Back Tax Problems & Settlements, Offer in Compromise, Payment Plans, Federal Tax Liens & Levies, Penalty Abatement, and Much More
    How To Get IRS Tax Relief: The Complete Tax Resolution Guide for IRS: Back Tax Problems & Settlements, Offer in Compromise, Payment Plans, Federal Tax Liens & Levies, Penalty Abatement, and Much More
    How To Get IRS Tax Relief: The Complete Tax Resolution Guide for IRS: Back Tax Problems & Settlements, Offer in Compromise, Payment Plans, Federal Tax Liens & Levies, Penalty Abatement, and Much More
    Ebook104 pages1 hour

    How To Get IRS Tax Relief: The Complete Tax Resolution Guide for IRS: Back Tax Problems & Settlements, Offer in Compromise, Payment Plans, Federal Tax Liens & Levies, Penalty Abatement, and Much More

    By David Hickam

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    About this ebook

    Knowledge is power when dealing with the IRS.

    This complete tax resolution guide:

    -Explains your rights and options when you owe back taxes

    -Contains the latest IRS rules, procedures and links to forms

    -Helps you gain confidence when communicating and negotiating with the IRS

    -Contains valuable tips and strategies from the author, a tax relief expert

    -Is written in simple and concise language

    Learn details about:

    -When and how to do an Offer in Compromise, Installment Agreement, or Currently Not Collectible Status

    -When and how to appeal an IRS decision

    -Penalties and interest and how to reduce them

    -How to deal with Federal tax liens and levies

    -When and how to do Innocent Spouse Relief

    -The three steps to tax relief

    -Your rights as a taxpayer

    -Common examination and collection letters

    -The Trust Fund Recovery Penalty (delinquent employment taxes)

    -Other tax relief issues

    LanguageEnglish
    PublisherDavid Hickam
    Release dateMay 3, 2013
    ISBN9781301614585
    How To Get IRS Tax Relief: The Complete Tax Resolution Guide for IRS: Back Tax Problems & Settlements, Offer in Compromise, Payment Plans, Federal Tax Liens & Levies, Penalty Abatement, and Much More

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      Book preview

      How To Get IRS Tax Relief - David Hickam

      How to Get IRS Tax Relief

      The Complete Tax Resolution Guide for IRS: Back Tax Problems & Settlements, Offer in Compromise, Payment Plans, Federal Tax Liens & Levies, Penalty Abatement, and Much More

      By David Hickam, CPA

      www.hickamcpa.com

      Copyright © 2013 David Hickam

      Published on Smashwords

      Formatted by eBooksMade4You

      * * *

      All rights reserved. Without limiting the rights under copyright reserved above, no part of this publication may be reproduced, stored in or introduced into a retrieval system, or transmitted, in any form, or by any means (electronic, mechanical, photocopying, recording, or otherwise) without the prior written permission of both the copyright owner and the above publisher of this book.

      Smashwords Edition License Notes

      This e-book is licensed for your personal enjoyment only. This e-book may not be re-sold or given away to other people. If you would like to share this book with another person, please purchase an additional copy for each person you share it with. If you're reading this book and did not purchase it, or it was not purchased for your use only, then you should return to wherever you bought it and purchase your own copy. Thank you for respecting the author's work.

      * * *

      IMPORTANT NOTICE TO READERS:

      Although every effort has been made to ensure that the information in this book is accurate and up to date as of the time of publication, be aware that tax laws are constantly changing. While this book is designed to provide accurate information on the subject matter discussed, it is sold with the understanding that the publisher is not engaged in rendering legal advice. If legal advice is required, contact a qualified professional. The author and publishers of this book do not guarantee similar results to those discussed and assume no legal responsibility for reliance on the information contained herein.

      * * *

      Table of Contents

      Introduction

      Overview of the IRS Collections Process

      Examination and Collection Letters

      Your Rights as a Taxpayer

      Three Steps to Tax Relief

      Installment Agreements / Payment Plans

      Offer in Compromise

      Currently Not Collectible Status

      Federal Tax Liens

      Federal Tax Levies

      Penalties and Interest

      Employment Taxes and the Trust Fund Recovery Penalty (TFRP)

      Innocent Spouse Relief

      Knowledge Gives You Power

      * * *

      Introduction

      Do you have unfiled tax returns? You must file all required IRS tax returns to be eligible for any of the tax relief options discussed in this book. Call us at 949-768-3045. We can help you.

      Knowledge is power when dealing with the IRS. This complete tax resolution guide explains your rights and options when you owe back taxes to the IRS. It contains the latest IRS rules, procedures and links to forms. After reading this guide, you will gain confidence when communicating and negotiating with the IRS. I have included valuable tips and strategies from many years of personally dealing with the IRS.

      About the Author

      Hello, my name is David Hickam and I am a professional tax problem solver with an accredited A+ Better Business Bureau rating. I am a licensed Certified Public Accountant in California and I represent clients in all 50 states. I have over 15 years of experience helping people resolve their tax issues. While this guide will give you the knowledge and tools to help you resolve your tax debt on your own, there are many times a competent tax professional can make a big difference in the outcome of your tax settlement. If at any time you feel that you need to contact a tax pro, give my firm (CPA Tax Relief) a call. You can speak directly to me. At CPA Tax Relief, we offer:

      -A free, no obligation consultation to analyze your tax your tax problem and discuss your options

      -A firm that is owned and managed by CPAs that specialize in solving IRS and State tax problems

      -Reasonable fees

      -Direct contact, from beginning to end, with a licensed CPA and not a salesperson or manager

      -Commitment to negotiate the lowest possible payment allowed by law

      Contact info:

      David Hickam, CPA – President & Owner of CPA Tax Relief

      Call toll free 949-768-3045

      Email: davidhickamcpa@gmail.com

      Website: www.hickamcpa.com

      * * *

      Overview of the IRS Collections Process

      The IRS Has Sent You a Tax Bill

      After you file your tax return or if you don’t file a tax return, the IRS will determine if you owe taxes. If you owe, the IRS will send you a bill for the amount due, including any penalties and interest. If you don’t pay the first bill, the IRS will send you at least one more bill. As time progresses, the amount of penalties and interest will increase with each bill. If you still don’t pay after you receive your final bill, the IRS will begin collection actions. Collection actions can range from applying your previous tax year’s refund to tax due to seizing your property and assets.

      What You Should Do After You Get an IRS Tax Bill:

      Compare the details of the IRS bill to your personal tax records, then;

      -If you agree with the IRS bill, pay the full amount before the due date. If you can’t pay the full amount due, pay as much as you can, and immediately call the IRS phone number on the bill to explain your situation. Based on your ability to pay, the IRS may provide you with alternative payment options.

      -If you disagree with the IRS bill, call the number on the bill. Be sure to have a copy of the bill and any tax returns, cancelled checks, or other records that will help the IRS understand why you believe your bill is wrong. If the IRS finds that you are right, they will adjust your account and, if necessary, send a revised bill.

      -If you don’t pay the amount due or tell the IRS why you disagree with it, they may take collection actions while penalties and interest continue to increase.

      Tip:

      If you receive a tax bill from the IRS, respond to it as quickly as possible. Ignoring it will only make things worse.

      There Are Three Ways to Pay Your Taxes:

      1-Pay in Full

      The IRS will first ask

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