Many Los Angeles, Long Beach, Orange, Riverside, San Jose area business owners and taxpayers who have IRS tax problems may not have been aware of the tax settlement program called offer in compromise. Tax attorneys who handle these type of cases should prepare a comprehensive tax and financial analysis in…
Los Angeles Tax AttorneyLos Angeles – The Internal Revenue Service today announced that interest rates for the calendar quarter beginning April 1, 2008, will drop by one percentage point. The new rates will be: • six (6) percent for overpayments [five (5) percent in the case of a corporation]; •…
California IRS Offices to Contact Third Parties for IRS Tax Audit and IRS Tax Collection Los Angeles Tax Attorney – In 1998, the Congress amended Code Section 7602 to prohibit Internal Revenue Service employees including IRS Agents and IRS Auditors from contacting third parties with respect to the taxpayer’s IRS…
IRS Tax and Penalty Collection to increase in Los Angeles and California metro regions. IRS Tax Attorneys and lawmakers advising Congress are likely to endorse giving Internal Revenue Service more tools to improve IRS tax debt collection, compliance and boost revenue. Internal Revenue Service faces congressional pressure collect additional $290…