Archive for July, 2008
Irs Collection Financial Standards

Bredesen Makes Pitch For Special Session
Gov. Phil Bredesen is making his sales pitch for an education overhaul he wants to pass during a special legislative session that begins next week.In ….
Offer in Compromise Effective Tax Administration
Correspondence Audit Irs
Question: Does the IRS verify documents that are sent for a correspondence audit, ie call landlord to verify lease?
My landlord and I had a falling out and, although I have a lease signed by him for the tax year I am being audited for, I am afraid that if the IRS calls to verify my lease with the landlord, he will deny my tenancy.
Answer: If the document was properly executed and legal, there’s little your landlord can do to deny its existence or its terms. At most he’d say that certain terms were varied orally, but he has to prove that.
Tax Tip: Don’t Call The IRS
Phone service deteriorates as Congress loads on complications
IRS Audit Representation