What the IRS has determined that a taxpayer owes a tax debt, they are entitled by the US government to begin tax collections actions. In those cases, the taxpayer has several options for resolving the Tax Collection Action with the IRS.
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If you have reached the tax appeals stage and you are considering making a settlement offer to the Tax Appeals officer, there are certain things to keep in mind.
Tax Appeals conferences are typically rather informal. There is generally no stenographer present to record the issues of fact and tax law discussed, unless specifically requested by the taxpayer via specific procedures.
The Tax appeals Conference is generally an informal affair.
When you have a disagreement with the IRS over the amount of tax you owe, you may need to enter into negotiations with the Office of Appeals. The Office of Appeals is in charge of administrative dispute resolution with the IRS.
A taxpayer who wishes to obtain a refund from the IRS for overpayment of taxes cannot do so unless the written refund claim is filed with the IRS within the proper time period.
Sometimes, a taxpayer’s case may involve issues that will impact the taxpayer for years to come.
When you finally come to an agreement with the Tax Appeals Officer to settle your case, the settlement should be recorded on a particular type of written form.
At the end of the Tax Appeals process, many taxpayers wonder if they will be able to recoup certain costs incurred in dealing with the IRS.