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Sacramento Cpa - Be Aware Of Your Rights When You Solve An Irs Problem

January 9, 2009
Home  Financial Tips   Tax  
Tags: Sacramento CPA, IRS Representation,
Most business people or professionals break out into a cold sweat when they get a letter from the IRS regarding the returns filed by them. The IRS or Internal Revenue Service is entrusted by the U.S.Government to collect taxes from citizens.

When you file your tax returns to the IRS, they process the information. You will normally, be intimated by the IRS when they feel that you have submitted incomplete or fraudulent information, or if the tax figures you have calculated do not match with theirs, while filing your returns. They will then send you a letter specifying the information which is required by them and the date when either you or your tax attorney have to meet them to sort out the problem.

In case you personally visit the IRS Office, then there are certain rights, which you can exercise. Whatever talks and issues you settle with the IRS remain confidential. You also have a right to know why you have been called, and the use of information you provide to them has to be explained to you. The IRS employees also have to treat you professionally and with respect. You have the right to complain or write to the employee's supervisor or the IRS director, if you feel that you are not being treated well.

You can visit the IRS Office in person or you can have your certified public accountant, your attorney or your enrolled agent represent you by intimating the IRS in writing. You can also be accompanied by them during an interview. If you intimate them 10 days in advance, then you can also make a sound recording of your meeting or appeal or examination. As per the law, you have to pay the right amount of taxes and if you are unable to do so when it is due, then you can also pay your taxes in monthly installments. If you are unable to solve your problem with the IRS, then you also have a right to contact the local Taxpayer Advocate Service.

They can help you in solving your problem. In case you do not agree with the IRS decision regarding the amount to be paid or any other clause, then you have the right to get your case reviewed by the Appeals Office. You can also go to court regarding that matter. If the case is decided in your favor, you could also recover some of the administrative or litigation costs. You can also get relief from certain penalties if you can convince the IRS that you had acted in good faith or had relied on the incorrect advice or information of an IRS employee. The interest can also be waived off if they are responsible for any mistakes or delays. If you are entitled to a refund, then the IRS has to pay you interest on that refund, if they delay it by more than 45 days of your claim being passed.

So, when dealing with the IRS, it is better to be well informed rather than ill informed. Knowing what to do and what not to do can make the difference to the case!


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About the Author:
Sacramento CPA Firm Murray and Young can help you with Tax Planning and IRS Representation services. You do not have to be afraid anymore. For 2008 Tax tips visit our website: http://www.april15.com.
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