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PAY ATTENTION TO THIS!!! IT IS IMPORTANT!!!! TAX CUTS & YOU

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banana republican Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-20-06 03:52 AM
Original message
PAY ATTENTION TO THIS!!! IT IS IMPORTANT!!!! TAX CUTS & YOU
First of all a reference you need to look at.

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=103x229818

Second a quote from the IRS document(which the IRS does not have to follow):

Private collection agencies cannot take any type of enforcement action against you to collect this debt (such as filing a Federal Tax Lien or issuing a levy). However, the IRS does have the legal authority to take these type of enforcement actions to collect an overdue account.

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I would be very concerned if:

You have changed addresses recently

You have changed your name recently

You are past due on any taxes

You have not filed your tax return in the past few years

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As a tax preparer WATCH OUT

You will now have to deal with 2 (TWO) different entities, The IRS & the Collection Agency.

A premature assignment of an account to a collection agency will result in your having to deal with two different entities. e.g. If you have moved and not received a notice at you new address(the IRS mailed it to you old address & it was not forwarded) or you have changed your name (you are a woman; recently married & have chained your last name) or any one of a myriad of other reasons; you could be in deep doo doo.

I have had clients who have fit into both catagories. A woman who married, changed her name and moved. She exercised stock options prior to the exemption date and the IRS claimed she owend $8K in past due taxes. All of which dated from 2002. The original notice was mailed in 2003, She receivded her notice in 2005 and I filed an appeal in late 2005. Which we won..

Imagine if we had to deal with a collection agency; the distruction of her credit rating; not to mention the harassment; in an illegal claim.

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PAY ATTENTION; THIS IS REALLY IMPORTANT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!





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larrysh Donating Member (181 posts) Send PM | Profile | Ignore Sun Aug-20-06 04:22 AM
Response to Original message
1. As someone who has 30 years credit and collection experience
This is gonna be one....big....confusin...mess!!!!!!!

Even people who pay the IRS in full, or settle with them, will be receiving harrassing letters and phone calls from bill collectors for YEARS to come....and when they finaaly get one ageny off their back, the account will be sold to someone else and the merry-go-round will start over....and over...and over again!
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