User talk:Irsfixer

From TaxAlmanac

Hi, Mike!

I just clicked on your profile and figured out who you are <G>. We know each other from many years at m.t.m. (and prodigy before that? I don't remember).

Anyway, I don't know how long you've been around here without my noticing, but welcome aboard anyway. KatieJ 17:00, 5 October 2007 (CDT)

Cool!

Hey Mike,

If I ever get a tax client that is over my head with delinquent tax stuff, you're definitely elected and I'll be glad to refer work your way! Talk to you soon and see you on Tax Almanac!

Sincerely,

Donnie Castleman, Enrolled Agent, Las Vegas

Horse Industry Audit

He is a horse trainer who also shoes horses. Thanks....

Thank you, Mike

Thanks for giving your attention to that Auditor thread. You are very kind for taking the time to respond to my questions and I sure appreciate it. BethAZ 13:28, 24 October 2007 (CDT)

De Nada

Irsfixer: Sorry if I got carried away there. I enjoy the back and forth. I have learned a lot from your posts as well, and I even referred a client to your website. Don't know if he was wise enough to make contact. CrowJD 15:52, 31 January 2008 (CST)

Lunch

Thank you for the kind words! After this crazy season is over, perhaps we can 'do lunch' but then I fear that someone will threaten that I 'will never eat lunch in this town again.' I am old enough to remember when PW people had to wear white shirts!

Death&Taxes 07:35, 16 February 2008 (CST)

Spouse who has not filed tax returns

thanks for the reply. Re: "estimated liability" I assume the IRS has estimated the husband's tax liability for years prior to marriage, though I have not been able to find out that info.

Taxoncall

Some of the best advice in these threads is the result of someone getting there "bell rung", or saying something that is just wrong. After all its the advice we are after and you give really good advice. Taxoncall reacted to strongly.

BTW, my six year tax return client is still procrastinating. If I ever get the returns done I am going to refer him to you for advice on the liabilty. He will likely owe, and will not have the money. The couple lives in Austin.

audit

thanks so much for your time and answers, much appreciated :) scottycoyote

resources to learn more about IRS collections, etc.

Fixer,

Are there resources that you would recommend to learn more about this area?

Books, courses, etc.

Thanks 94nole

International Tax Advisors

Dear Irsfixer,

Thanks for your help. I am leery too and will check them out.

Howardlcpa 18:58, 25 September 2008 (CDT)

Dishonest client discussion

I will admit I am sensitive at times. I think you and I got off on the wrong foot when I mistakenly used "levy" in a discussion when I meant "lien." It was a simple mistake I had made, yet you had posted it as an urban tax legend. I've noticed some of your other posts, and I think you could use a little more sensitivity. So how about this? I'll try to be less sensitive if you'll try to be a little more sensitive. Natalie 06:14, 8 November 2008 (CST)Natalie

fraudulent 1099

I worked for a design/build company as an independent contractor for part of 2004 and part of 2005. They refused to pay me most of what they owed me. I recently discovered that they had filed a 1099 for 2004, and a 1099 for 2005, showing that they had paid me what they owed me. So not only did I not get paid over $21,000.00 that they owed me, I have also paid the tax liability for monies that they kept.

This was not a mistake on their part. Are their any laws that you know of that apply to this situation? Jb irick 19:39, 17 November 2008 (CST)

I guess we ARE a tough crowd.

LOL. Kevinh5

LOL

good point! Kevinh5

That new form

You think we should fill one out for Hkscpa?

Edited to add: sorry if my earlier post was forward and/or incomprehensible – the timing of your post made me think you were referring to the off-the-wall posts by that new user (an annoying mix of misinformation and misplaced confidence). Never mind!

Trillium

Hess (Breast implant/stripper) Case

Is that the one you were thinking about in that breast implant thread?

Can't find a cite for it, and I can't seem to find any indication of that case in the Tax Court records. Google just turns up references, but no citations.

Have we been had?

TheTinCook 14:40, 20 March 2009 (CDT)

Hi Mike I have your email address. Is is okay if I send you a IA issue and get your advice? Laura taxea

You were once interested in this...

Hi, at some point a while back, you and several others were interested in having a Practice Management forum that was separate from the other existing forums. At that time, many practice management issues were being lumped in with Tax Questions, but since then we've been trying to have those discussions started within the Business Growth Community, with moderate success.

We now have the opportunity to start a new forum for practice management issues if there's still enough interest in that change. There are some minor complications that would need to be addressed (e.g, what to do with topics that fit in both areas, and how to handle discussions where the OP posts a PM question in BG, or vice versa), but otherwise we could set up the new forum right away and start directing new questions to it right away.

I decided to get some input on how many people are interested in a Separate Practice Management Forum, and so far the status quo seems to be winning out. So I felt that I should alert you to the question, in case you'd like to provide your own input.

Thanks,

Trillium 11:14, 23 October 2010 (CDT)

I need your help, please

Mike would you try to answer my question on a Michigan case involving an NFTL and foreclosure?Skassel 19:50, 19 June 2011 (UTC)

statute of limitations after audit.

I noticed your response to a similar issue and wonder if this might be up your alley.

I'm a CPA in Wisconsin. My client was audited for 2004 and we agreed on the assessment in 2006, receiving a letter dated 11/17/06 finalizing that issue.

The tax computation by the IRS contained an error which I only discovered in 2009. On 11/6/2009 (< 3 years later) I submitted an amended return after calling the IRS and notifying them of the error. The IRS told me to submit an "audit reconsideration" - I submitted both an "audit reconsideration request" and a 1040X before 11/17/2009.

The IRS has finally agreed with us on the computation, but now they say the statute of limitations prohibits a refund. I was under the assumption that we had 3 years from the audit. I see a case that supports me, somewhat, (Mutual Assurance vs US) but since the IRS has expressed non-acquiescence to that case, we'd have to got to court.

Was I incorrect that the statute was extended from the date of the IRS exam? Is this true even if the issue was the same issue under examination (the distinction was important in Mutual Assurance).

If you have a minute to respond I'd appreciate it: greg@hometowntax.net

If you were also "taxafficianado" -

I'm sorry that you had to re-post the discussion. Between the long user name, the blank user info, and the very first post being one with a link and not much else, the whole thing seemed strange. Sorry for your inconvenience. Just trying to keep the tax forum limited to tax topics and tax professionals only...sometimes it's tougher to judge than others.

Trillium 16:15, 8 October 2011 (UTC)

OIC question

Hi Mike,

Wanted to ask this outside the normal areas. You do these for a living, I've only done a few and they weren't even full blown OIC's. Just filed the 433-A's and 433-B's and the agent recommended the tax be abated. Been lucky with those.

Anyway, I have a guy with a $51,000 tax balance, including penalties and interest for 2001 and another $20,000 for two more years, 2004, and 2005.

Total is $71,000. After speaking to the IRS, the SOL runs out on the 2001 in June of 2013, possibly 2014, memory hazy at the moment.

Client has no debt, lives in NJ and will make anywhere from $70,000 to $90,000 a year in W-2 wages.

Everything I read and look at seems to indicate that he's going to have the ability to enter into some sort of IRS payment arrangement.

He's a good friend and not just a client here.

1. Is there anything that can be done, or is this a case of, it sucks, now it's time to pay?

2. Can he continue to ignore the IRS in the hopes that they do nothing prior to the SOL running out?

3. I let him know that if the IRS garnishes his wages, they could then garnish all but $180.00 net pay per week. If they did that, could that then be stopped and he can enter into a payment arrangement at that time?

I appreciate any guidance whatsoever and if you think I should just post this so others can learn as well, I'm good with that.

Fsteincpa 16:04, 25 October 2011 (UTC)

OIC question

Hi Mike,

Wanted to ask this outside the normal areas. You do these for a living, I've only done a few and they weren't even full blown OIC's. Just filed the 433-A's and 433-B's and the agent recommended the tax be abated. Been lucky with those.

Anyway, I have a guy with a $51,000 tax balance, including penalties and interest for 2001 and another $20,000 for two more years, 2004, and 2005.

Total is $71,000. After speaking to the IRS, the SOL runs out on the 2001 in June of 2013, possibly 2014, memory hazy at the moment.

Client has no debt, lives in NJ and will make anywhere from $70,000 to $90,000 a year in W-2 wages.

Everything I read and look at seems to indicate that he's going to have the ability to enter into some sort of IRS payment arrangement.

He's a good friend and not just a client here.

1. Is there anything that can be done, or is this a case of, it sucks, now it's time to pay?

2. Can he continue to ignore the IRS in the hopes that they do nothing prior to the SOL running out?

3. I let him know that if the IRS garnishes his wages, they could then garnish all but $180.00 net pay per week. If they did that, could that then be stopped and he can enter into a payment arrangement at that time?

I appreciate any guidance whatsoever and if you think I should just post this so others can learn as well, I'm good with that.

Fsteincpa 16:04, 25 October 2011 (UTC)

So sad to hear of your passing.

You were a great contributor to this site. Kevinh5 11:51, 16 January 2014 (UTC)

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