Tag Archives: IRS Relief
IRS Systems Faulted for Identity and Access Management Security
Taxpayer data is vulnerable to inappropriate use, modification or disclosure, perhaps without being detected, according to a new government report that found problems with the Internal Revenue Service’s technology for configuration management and identity and access management. The report, from … Continue reading
Did You Receive a CP2000 Notice from the IRS?
Have you received a CP 2000 notice? Notice CP 2000 shows proposed changes to your income tax return. This proposal is based on a comparison of the income, payments, credits, and deductions reported on your tax return with information on these … Continue reading
If You Receive an IRS Notice, Here’s What to Do
Each year the IRS sends millions of letters and notices to taxpayers. Although some people may feel anxious when they receive one, many are easy to resolve. Here’s what to do if you receive a letter or notice from the … Continue reading
Audit Target: The Sole Proprietor
Each year the IRS publishes their activities in a publication called the Data Book. And each year for the past number of years the number one target of audits are those tax returns with a Schedule C for small business … Continue reading
Are you Using the Correct Filing Status When Filing Your Income Tax Return?
It’s important to use the correct filing status when filing your income tax return. It can impact the tax benefits you receive, the amount of your standard deduction and the amount of taxes you pay. It may even impact whether … Continue reading
How to Designate Power of Attorney with the IRS
You have the right to represent yourself or have someone represent you before the IRS in connection with a federal tax matter. At Lefstein-Suchoff CPA and Associates we represent many clients who face IRS problems. Please read below for … Continue reading
IRS Examination of Return
Have you been selected for an IRS Examination or Audit? Our blog can provide you with some information that may help in the process. The IRS examines a taxpayer’s books and records either at the place of business, or where … Continue reading
IRS Collections and IRS Installment Agreements
In 2012, the IRS instituted additional Fresh Start initiatives to help struggling taxpayers pay their taxes. As part of these initiatives, the IRS relaxed streamlined installment agreement rules for individuals by increasing the threshold from $25,000 to $50,000, and … Continue reading
Offer In Compromise: Review
The OIC program allows qualifying taxpayers to settle their tax liability in full for an amount less the full liability owed. Recently, the IRS has changed some of its computational rules, which may make the program more accessible and attractive. … Continue reading
IRS Enforced Collection Actions
At Lefstein-Suchoff CPA & Associates, continues to provide useful information that helps those in need of tax help for: tax settlements, tax debt, back taxes, IRS tax debt, an IRS levy, IRS tax audits, Offer in Compromise, IRS tax lien, … Continue reading