Michael D. Sullivan, a Former IRS Agent, leads a nationwide team of tax professionals at MD Sullivan LLC, based in Florida. Our team includes experienced Tax Attorneys, Lawyers, CPAs, Enrolled Agents, and ex-IRS Agents, offering over 250 years of combined IRS resolution experience. We specialize in resolving IRS back tax penalty cases efficiently and effectively. Michael D. Sullivan provides immediate representation to stop IRS intrusions into your business and personal life, ensuring peace of mind. For IRS tax relief, expert tax solutions, and top-tier tax services in Florida, trust MD Sullivan LLC.
This feature is accessible on most toll-cost-free subjects. A return connect with could possibly be offered when hold out instances exceed quarter-hour and when a agent might be arrived at for the duration of standard IRS business enterprise several hours.
Getting an IRS Revenue Agent offers a unique combination of issues and opportunities. With positions starting from entry degree to management, this job requires a robust knowledge of accounting rules and tax regulation to guarantee compliance and equity in tax assortment.
Will you suffer adverse effects for example lack of earnings, credit rating report injury, or any damage that can't be set back again how they were prior.
Also, Koullick explains, the IRS won’t approve your offer When your belongings reveal that you could manage to pay for back again your credit card debt. So, Should you have funds stashed inside a 401(k), As an illustration, in advance of getting an OIC you’d be anticipated to withdraw them and fork out the penalty to pay for your tax debt.
“The variability of the issues we look at maintain me fascinated and engaged, as I carry on to understand every day – as well as persons I function with, they offer much assistance and are great means.”
"These offers in compromise are not often submitted and even more not often accepted – you mainly have to have a really fantastic story, usually involving a debilitating or terminal ailment or Several other Excessive lifetime circumstance,” he provides.
Figure out more about TAS What takes place when I phone the TAS toll-free variety to open a case?
If the IRS was supposed to respond to you or solve your account by a certain day and they've not, you may qualify for TAS help.
Soon after acknowledging that you have finished the 1st segment in the Test you are going to no longer have the capacity to obtain the main area in the exam written content, like earning changes to the responses.
An enrolled agent is a one who has gained the privilege of representing taxpayers right before the Internal Revenue Services by both passing A 3-section detailed IRS exam masking person and enterprise tax returns, or by way of knowledge for a former IRS worker.
The IRS declared the Particular step just after examining inner info demonstrating many qualified taxpayers who submitted a return but didn't declare the credit score.
An ACAP request is often produced with an initial MAP IRS offer in compromise request or in a very individual prepared submission. If your ACAP is submitted right after an First MAP ask for, it has to be submitted ahead of the IRS has built particular determinations in the initial continuing.
Jon Morgan, CEO and editor in chief at Undertaking Smarter, a company consultancy firm, adds that the IRS will need to see that applicants have made substantial efforts to repay their debts before turning to an OIC.
For a Revenue Agent, you will use your expertise in accounting to prepare and perform examinations or make determinations on many federal tax matters. These examinations might be carried out in the field or inside a centralized Place of work environment,dealing with taxpayers, their Reps, Qualified general public accountants, and taxattorneys.