Podcasts about irs appeals

https://vimeo.com/950819978?share=copy https://www.currentfederaltaxdevelopments.com/podcasts/2024/5/27/2024-05-27-misleading-silences-are-sometimes-fine-in-tax This week we look at: Yet another PLR requested for missed QSST election after S shares moved to trust following death of a shareholder Tax preparer's conviction for willfully filing false returns upheld on appeal despite his argument he had doing what he did for years Letters to taxpayer from IRS Appeals did not extend the time to file suit for a claim for refund A partnership had properly elected to use BBA audit provisions early, rendering IRS FPAA invalid

This week we look at: Yet another PLR requested for missed QSST election after S shares moved to trust following death of a shareholder Tax preparer's conviction for willfully filing false returns upheld on appeal despite his argument he had doing what he did for years Letters to taxpayer from IRS Appeals did not extend the time to file suit for a claim for refund A partnership had properly elected to use BBA audit provisions early, rendering IRS FPAA invalid

This week on tax break, host Rob Kovacev interviews fellow Miller & Chevalier Tax Member George Hani on the various procedures the IRS offers for resolving tax disputes short of litigation. The IRS offers alternative dispute resolution (ADR) procedures to taxpayers before, during, and even after the traditional IRS Appeals process. George provides insight into these procedures and how taxpayers can best utilize them to their advantage. ********* Questions? Contact us at podcasts@milchev.com. tax break is not intended and cannot be relied on as legal advice; the content only reflects the thoughts and opinions of its hosts. tax break is a podcast about tax law, brought to you by Miller & Chevalier and hosted by Loren Ponds and Rob Kovacev. We'll provide you with perspective on select tax issues that will go deeper than what the tax press covers, but not so deep that you'll have to pull out your regulations or read treatises to follow along. The aim of tax break is to focus only on the tax law issues that we find interesting. Subscribe to tax break wherever you get your podcasts.

Episode 27:  In this episode, Timalyn is relaxing after the federal tax deadline.  Today, she'll discuss the IRS appeals process.  Timalyn will discuss how to make an appeal and how it affects your current situation. You might find it helpful to go back and listen to Episode 26 on the IRS Collection Due Process.  It sets up today's topic. Let's face it, nobody like to pay taxes.  As an enrolled agent, Timalyn represents taxpayers in IRS proceedings.  There are times when she doesn't agree with a decision made by the IRS.  That's when IRS appeals offer a chance to revisit a particular issue, on behalf of the taxpayer.  Timalyn discusses a time she had to contact the IRS about a tax refund they forgot to issue to her.  For some reason, they couldn't simply apply the balance to an upcoming tax payment.  She had to go through the same process other taxpayers have to experience.  In the end, the issue was resolved without the need for an IRS appeal.  Making an IRS Appeal When you have a tax liability, you know you need to pay it to the IRS.  However, there are times when you dispute the amount the IRS proposes you owe, as well as penalties and enforcement actions. This is when you need to file an appeal.  In Episode 26, Timalyn explained that the IRS Appeals Office is an independent organization.  They can look at the situation objectively. When Can't I Make an Appeal? There are certain reasons you cannot use as a basis to appeal an IRS decision.  For instance, you can't appeal based on what you feel are moral reasons, religious reasons, political reasons, Constitutional reasons or what's called “conscientious reasons.” However, any other basis is considered fair game enabling you to make an IRS appeal.  What Happens When I Appeal an IRS Decision? Timalyn explains that the first step is a conference with your local appeals office.  It sounds more intimidating than it really is.  The conference may be in person, via written correspondence, or via telephone.  You can hire an authorized representative to handle your appeal.  Episode 23 outlines the 3 types of tax professionals who are authorized to represent you regarding IRS issues:  ●      A Tax Attorney ●      A Certified Public Accountant (CPA) ●      An Enrolled Agent Types of IRS Appeals The first type of appeal is a “Small Case Request.”  This is for issues less than $25,000.  You'll need to include a brief statement regarding the original IRS decision and what you are requesting to appeal.  You need to specifically include the issue with which you disagree.  You only have 30 days, from the date on your notice (not the date you received it), to submit this information.  The second type of appeal could involve more than one tax period or is $25,000 or more, this is called a “Formal Protest.”  There is more required with this appeal.  Here's what you'll need to include with your Formal Protest: ●      Taxpayer's full name, address and daytime phone number ●      Statement outlining why you want to appeal the decision ●      Include a copy of the letter Proposed Tax Adjustment (sent by the IRS) ●      List the tax periods or years ●      Include a list of changes you don't agree with, including your rationale for the disagreement ●      You must include facts substantiating your reason for disagreeing with the IRS ●      Include any law or authority used as the basis for your disagreeing ●      Don't forget to sign everything you're submitting. ●      State that you are signing “Under the penalties of perjury, you are signing that you believe the information your submitting is true, correct and to the best of your knowledge, complete.” This is a serious process.  It's not meant to enable you to game the system or to cause additional delays.  For Tax Professionals and Representatives Remember, we are required under IRS Circular 230 to sign and submit a similar statement regarding the validity of the information you submit on behalf of your client.  Cover your bases and ensure your client is being forthright.  What Can be Appealed with a Formal Protest? You can use this process to: ●      Appeal an offer in compromise ●      Appeal issues related to an exempt organization or an employee plan ●      Appeal issues on behalf of partnerships and S-Corps You wouldn't use the Formal Protest to: ●      Appeal an installment agreement ●      Appeal a tax lean ●      Appeal a tax levy Remember, you do have options.  The IRS is not always correct in its decisions.  The IRS Appeals process helps to ensure you are treated correctly.  After all, back taxes shouldn't ruin your life. As we conclude Episode 27, we encourage you to connect with Timalyn on social media. You'll be able to subscribe to this podcast on Spotify, Apple Podcasts, Google Podcasts, and many other podcast platforms.   Remember, Timalyn Bowens is America's Favorite EA and she's here to fill the tax literacy gap, one taxpayer at a time.  Thanks for listening to today's episode. For more information about tax relief options, visit https://www.Bowenstaxsolutions.com/ . If you have any feedback, or suggestions for an upcoming episode topic, please submit them here:  https://www.americasfavoriteea.com/contact.   Disclaimer:  This podcast is for informational and educational purposes only.  It provides a framework and possible solutions for solving your tax problems, but it is not legally binding.  Please consult your tax professional regarding your specific tax situation.

This week's show does it all! Are you looking to become one of the best in your field? To also earn more about taxes? A passion for accounting? Or, do you have dreams of owning more than one company? This is the show for you. Tune-in for an in-depth conversation on working remote in a different state than your company is located. Episode #211 of That Entrepreneur Show- The podcast where founders of companies and brands share their entrepreneurial journeys, lessons learned, tips for success, and more each Friday since 2019.Karen Tenenbaum represents taxpayers in disputes with the Internal Revenue Service and the NYS Department of Taxation and Finance. I also speak on IRS and NYS tax issues for numerous professional groups, on topics such as New York State residency matters, NYS collection issues, and more. (Attorney Advertising). Co-Founder and Board Member at Commerce Plaza (Since 1996): Commerce Plaza introduces children to the business community in order to prepare students for employment and a successful vocational future. “The Children's Business Center” teaches elementary students about the free enterprise system, careers, economics, citizenship, and the general skills needed in the world of work. Through a hands-on and simulated work environment, students receive paychecks, made bank deposits, write checks, operate businesses, prepare cost sheets, think critically and work as a team.Founder and Tax Attorney at Tenenbaum Law, P.C. (Since 1996): : Tenenbaum Law, P.C. provides legal counsel to individuals and businesses facing IRS and NYS tax problems. Karen and her team represent taxpayers before the IRS and New York State Department of Taxation of Finance on matters such as individual and business tax audits, NYS & NYC residency audits, IRS Appeals, NYS Conciliation Conferences, voluntary disclosures, Installment Agreements, Offers in Compromise, levies and seizures, innocent spouse relief claims, and penalty abatement requests.Founder and President at Walter the Vault (Since 1997): Walter the Vault is an animated character who promotes financial literacy for children. He focuses on how to save reasonably, spend responsibly, invest wisely, give appropriately, and budget regularly. The ultimate goal is to teach children how to make responsible and informed decisions about money.Email: Ktenenbaum@litaxattorney.comWebsite: www.litaxattorney.comLinkedIn: https://www.linkedin.com/in/karentenenbaumtaxattorney/Phone: 631-465-5000Check out her new digital business card!Listen to all episodes here: https://ThatEntrepreneurShow.Buzzsprout.comWebsite:  https://www.VincentALanci.com/YouTubeShow InstagramHost InstagramFacebookTwitterLinkedInFor Digital Editing Inquiries and Potential Podcast Guests: Email: PodcastsByLanci@Gmail.comAdventure by MusicbyAden | https://soundcloud.com/musicbyadenHappy | https://soundcloud.com/morning-kulishow/happy

Decision Vision Episode 174: Should I Fight the IRS? – An Interview with Bruce Wood, Brady Ware Arpeggio, LLC The decision to dispute, negotiate or litigate with the IRS is a difficult one, given its reputation and power. Bruce Wood, a principal at Brady Ware Arpeggio, is a business appraiser specializing in tax issues and […] The post

Decision Vision Episode 174: Should I Fight the IRS? – An Interview with Bruce Wood, Brady Ware Arpeggio, LLC The decision to dispute, negotiate or litigate with the IRS is a difficult one, given its reputation and power. Bruce Wood, a principal at Brady Ware Arpeggio, is a business appraiser specializing in tax issues and […]

Last year, the Taxpayer Advocate Service released the Taxpayer Roadmap.  I am doing a 6-part review of the various stages of the United States federal tax system as shown on the Taxpayer Roadmap.  To find out more about the roadmap, use this link:  https://taxpayeradvocate.irs.gov/roadmap Part 5 of the 6-part series is a look at IRS Appeals.  Appeals is often the department a taxpayer is working with when there is a dispute about the tax assessment and it is necessary to negotiate for a resolution regarding the result.  Appeals may start to be involved when a taxpayer files a protest letter with the IRS.  Appeals may also start to be involved after the taxpayer files a petition with Tax Court.  Overall, it is best to gather all supporting documents to make the case, but be organized in making the case with Appeals in order to come to the best settlement.

A. Working from Home – Any Tax Benefits? B. IRS Appeals – How? C. Charitable Giving – Tax Deductible? For more information, please call Ron or Jeff at 833-568-8999 toll-free, and please visit https://firstcalltaxadvocates.com/

Listen in on this weeks episode as Eric is joined by a very special guest, Andrew Keyso, the former IRS Chief of Staff and current Acting Chief of Appeals. During this talk Andy discusses the impact of the Taxpayer First Act, where Appeals is heading, the role of the hazards of litigation, and what taxpayers need to know about their hearing with the IRS Independent Office of Appeals, and much more!

In this episode, Travis breaks down IRS Appeals!

Join me as I walk you through the anatomy of a civil tax controversy from A through Z. This webinar will cover each step in the process, and will take a closer look at what to do during an eggshell audit. Other topics to be discussed include cases typically recommended for prosecution, attorney-client privilege in the tax realm, Kovel Agreements, IRS Appeals, and more. Learning Objectives: Gain an in-depth overview of the anatomy of a civil tax controversy from A through Z Develop best practices for walking your client through an eggshell audit Review attorney-client privilege in the tax realm Discuss the use of a Kovel Accountant and drafting an airtight Kovel Agreement Comprehend the IRS Appeals Process Evaluate the hazards of litigation To access the slides, click here.

Join me as I walk you through an introduction to IRS Appeals. In this podcast, I discuss the IRS Appeals process along with the following: •The Role of Appeals •Hazards of Litigation •What does Appeals Consider? •What issues can the TP Raise? •Overview of Appeals Process •Role of the Appeals team manager •What if agreement is reached? •What if agreement is not reached? •Independence of Appeals & Ex Parte •Non-docketed versus Docketed cases   To access the slides, click here.

Collection due process (CDP) allows taxpayers to be heard by IRS Appeals or request collection alternatives after receiving notice of a pending lien or levy.  Those who criticize CDP think it is an unnecessary bureaucratic step or a delaying tactic by taxpayers.  I will be on a panel at the American Bar Association Tax Section May Meeting in Washington, D.C.  The panel is a CDP Summit where we hope to come up with solutions for the parts that are not working rather than a session that complains about the CDP process in place.  As we prepare for the panel, I have researched and I am using this episode to explain the basics of CDP.

This episode will focus on Tax Court before the trial.  What makes a person eligible to file for Tax Court?  What is the time period allowing someone to file?  What documents do you need to file?  After filing, IRS Appeals will review the case.  They can also send the case to IRS Counsel.  Each department has the ability to settle the case.  I will discuss some strategy involved in these different stages for Tax Court.  Next episode will focus on the calendar call and trial stages of Tax Court.

A bill with both Republican and Democratic backing would bring considerable change to the IRS. The Taxpayer First Act would establish an independent appeals office, impose a new customer service strategy and make things easier for low-income filers. Bill co-sponsor Rep. Lynn Jenkins (R-Kan.) joined Federal Drive with Tom Temin to discuss the legislation.

The IRS Restructuring and Reform Act of 1998 overhauled tax controversy law. Nearly two decades after the enactment of the IRS Reform Act, the effects of many of these changes continue to be felt, making this an exciting time to study tax procedure. This webinar delves into the stages of a tax controversy from the filing of a return by the taxpayer through tax litigation. It also covers related topics, such as eggshell audits, tax preparer-client privilege, the attorney-client privilege in the tax realm, Kovel accountants, and representing your client before IRS Appeals.