IRS is hitting my paycheck hard. I can't even afford to buy my daughter school clothes, much less supplies, so it's only obvious that I don't have the retainer fee to hire a rep. Any advice on handling this problem myself? Every bit of info I found on the net, comes with a high price tag. How do I end this? The garnishments are causing much hardship for my family and the IRS don't seem to place too much importance on the fact that I'm trying to raise my daughter. Why should she have to suffer for my mistakes? I'm trying to handle this in a responsible manner, however I seem to be going nowhere. Could someone point me in the right direction? Any advice would be greatly appreciated.
2007-08-01 03:56:40 · 7 answers · asked by antiqueruby2000 2 in Business & Finance ➔ Taxes ➔ United States
I was not aware that I owed this money to the IRS until 3 weeks ago when they started garnishment on my check. Apparently the taxes are owed from '92, '93, and '94. Is there any statute of limitations?
2007-08-01 13:35:28 · update #1
Certainly you can do an offer in compromise on your own. Did you ever file your tax returns for those years? If so there is a statute of limitations on the time that the irs has from when you filed to collect. I believe it is 10 years. I have attached a link to the statute of limitations for the irs. Not sure whether you fall under it though. The link I have attached also has links to offer in compromise as well as installment agreements. I would think though that somewhere along the way the irs would have sent you notices about the tax years in question. Did you file a return for those years? If not the irs would have prepared a return for you, and that return may not have all the deductions that you are legally entitled to take. Best bet is to call the irs, 1-800-829-1040, and talk to someone about the garnishments.
2007-08-07 07:12:13 · answer #1 · answered by Anonymous · 0⤊ 0⤋
As the others have stated you don't need a rep but make sure you're knowledgeable enough to fill out financial part of the form so that it shows that your monthly expenses exceed your monthly income.
You can usually win if IRS is convinced that the full amount isn't collectible regardless of garnishment nor having a rep.
As long as you cant prove your monthly expense exceeds your monthly income, or that your disabled or elderly) neither you (nor a rep) will win an offer in compromise.
a similar financial form is used to voluntarily set up a payment arrangement with them (which you apparently didn't do since they are garnishing you). If you can afford to pay but lower amounts you should arrange a voluntary payment plan rather being garnished. Garnishment affects your credit.
If you have serious difficulty then form 911 is also an option.
2007-08-01 07:19:11 · answer #2 · answered by goldenboyblue 3 · 0⤊ 0⤋
Yes it is possible - there is no legal requirement to have a representative. But given the amount of money involved and the seriousness of the situation, it would probably be better to get help on it from someone who is experienced in doing them. Most Offer in Compromise proposals are not accepted.
Don't search the Internet - you'll find the places that charge huge up-front fees. See if you can find a CPA or Enrolled Agent in your area who is experienced with them - they might charge a lot less, and will do just as good a job or better.
Good luck.
2007-08-01 04:12:08 · answer #3 · answered by Judy 7 · 2⤊ 0⤋
Yes, it possible...but not likely. You are talking to the wrong people in the IRS or asking the wrong questions.
The IRS has a program that supplies help to those that can't afford it. Next time you talk to them ask them about it.
You might want to try the Problem Resolution section if you can't get anyone else to talk to you. However, this is an extreme measure...a last resort.
2007-08-01 04:19:52 · answer #4 · answered by Russ B 6 · 2⤊ 0⤋
let me get this straight you owe taxes from 9293 94 -- this is o7 and you did not realize this until 3 weeks ago.-- no notice or contact for over 13 years. i would call th irs hot line and find out what is going on... i know chances are you do not have the tax returns for those years since i do not have tax returns over 10 years, but something sounds fiche here and i would ask for more details from the irs.
2007-08-08 08:08:59 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Contact the Taxpayer Advocate office in your area. Ask them about filing a Form 911. Meet with them and they will help you figure out how much you would have to pay for an OIC. You are not likely to suceed doing it by yourself. I won't accept an OIC case unless I feel I have a 90% chance of getting it accepted on terms the client can live with.
2007-08-01 06:49:01 · answer #6 · answered by daoco 4 · 2⤊ 0⤋
talk to the irs yourself, lots of times they will reduce the interest that has accumulated. I know of people that used a company callled JK Harris, that worked for them
2007-08-06 03:05:45 · answer #7 · answered by Anonymous · 0⤊ 1⤋