The government’s proposed healthcare reform bill contains a lot of issues that you should be very concerned about. For one thing, your tax details will no longer be private if the bill is passed. If you are clueless as to what tax details have to do with healthcare, listen up.
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What's the Automated Collection System? The Automated Collection System (ACS) handles the Integrated Data Retrieval System's (IDRS) balance due and non-filer cases needing telephone communication for resolution. Simply put, the ACS is a computerized network which contacts taxpayers who owe money to the IRS, which is a major IRS problem.
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If you admire the rich and famous for all the money they have, you may be interested to know about Nicolas Cage (of ‘National Treasure’ and ‘Leaving Las Vegas’ fame). The IRS is taking him to court over $6.2 million ($6, 257,005 to be exact) in alleged unpaid income taxes in 2007.
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The Wall Street Journal reported yesterday that Timothy Geithner, President-elect Barak Obama’s nominee for treasury secretary and president of the Federal Reserve, failed to pay $34,000 worth of federal taxes ($43,200, including interest) from 2001 to 2004.
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Before you hire any tax professional to help you solve an IRS Problem, it's important to thoroughly investigate THEIR ability to help you. This is a tough business (IRS Problem Resolution) and there are a lot of sharks out there. Almost every day I hear horror stories about people hiring the large national tax resolution firms (you know who they are, I just can't name them because they will sue me if I do) and nothing ever happens on there case. Most often when you call one of these firms, you speak with a salesperson, not a lawyer or the tax professional that will handle your case. When you call my firm you will get to speak with a lawyer after setting an appointment. A lawyer who handles IRS Problems on a daily basis and can gain valuable insight into how they might be able to help you with your unique IRS Problem.
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