Colleen E. Harrison, Enrolled Agent
Former IRS Revenue Agent
Tax Resolution Specialist
TAX PROBLEM RESOLUTION
The IRS Substitute for Return (SFR)
What is one of the most common tax problems? One of the most common problems is the one wherein the IRS has filed a substitute for return (SFR) on your behalf and assessed taxes without providing you with the benefit of deductions, credits and exemptions. The IRS prepares the SFR based on information received from third parties such as W-2s, W-2G and Forms 1099.
In this case, the IRS will often contact you by mail, telephone or in person to get the matter resolved prior to issuing the SFR. At this point, know that you have the right to representation. Contact me immediately for assistance. I will advise you that part of the solution to your problem, is filing those tax returns that need to be filed in order to obtain the correct taxes owed. Then, there will be a number of options to consider in settling those taxes. The remedy depends upon your particular facts and circumstances.
In our discussion, I will be totally honest with you so that you know why you have been contacted by the IRS and the steps needed to resolve your tax problem. My goal is to help you understand what went wrong and how to avoid it's recurrence. I want to help you understand the process for resolving your tax problem so that you have realistic expectations and are not misled. Advertisements selling you on tax debt relief and tax settlements can, and often are, very misleading. Anything that sounds too good to be true usually is just that, too good to be true.
The audit reconsideration process is just one of the many steps in resolving your tax problems. What is that? It means that you complete the tax return for which IRS has prepared an SFR and submit it for audit reconsideration. This gives you the opportunity to include those expenses, credits and exemptions IRS did not give you when they prepared your SFR. It is not unusual for your tax return to take up to three months to be reviewed before you receive the benefit of any needed adjustments.
When your taxes are correct, I negotiate the lowest possible IRS payment amount allowed by law. I will not allow you to retain my services unless I believe that you are a legitimate candidate for tax relief. However, in order to be a candidate, you must cooperate in the process by timely submitting documents requested by the IRS and completing all tax returns and forms required.
The IRS has very strict guidelines governing eligibility; I let you know up front, BEFORE you hire me, what tax relief options are available to you and what must be done to accomplish each option. This can only be done after a review of your documents, information and an exhaustive financial interview.
SUCCESSFUL TAX RESOLUTIONS
- Reduced by tens of thousands of dollars substantial proposed tax assessments during an IRS audit by providing to the IRS a statistical analysis of subsequent year income and expenses.
- Successfully reduced proposed tax assessments for taxpayers in pre trial hearings which avoided litigation and tax court costs.
- Obtained numerous favorable installment agreements under the Fresh Start Program for individuals and businesses.
- Successfully placed dozens of individuals and businesses experiencing financial hardships into currently not collectible status. All collection action was stopped.
- Successfully settled several large cases with the Appeals Division of the IRS.
- Negotiated several installment payment arrangements with the Collections Division of the IRS on large dollar cases in excess of three hundred thousand dollars.
- Successfully handle non-filers in jeopardy of fradulent non filing penalties. Prepare delinquent tax returns and negotiate installment agreements favorable to the taxpayer.
- Negotiated penalty abatements and installment arrangements for a large real estate company being penalized on payroll tax issues over several years.
- Successfully represented individuals and business entities in a variety of IRS and Franchise Tax Board collection matters, including offers in compromise and installment agreements.