TAX RESOLUTION SERVICES

The IRS Is Coming! Get Your Clients into Compliance

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10 million high-income taxpayers targeted.

By Eric Green

Those of us in the know have been saying for a while now that the IRS is sending a “wave” of tax notices, and you need to prepare your clients for compliance and, ultimately, remittance and resolution. Well, that day has finally come.

The IRS is launching its long-awaited effort to crack down on high-income taxpayers who have failed to file tax returns.

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For practitioners, many taxpayers will be scrambling for help from tax professionals.  Understanding how to handle these taxpayers when they come in will have a real impact on how painful the re-entry into the tax system is going to be.

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Tax Chat: Eric Green Reveals The Tax Rep Guide to Tax Season

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Seth Fineberg
With Eric Green

Renowned tax attorney Eric L. Green delivers a roadmap for seizing tax resolution opportunities this tax season in the new video from last week’s first Tax Chat of the year, hosted by Seth Fineberg.

MORE TAX SEASON: FTC Nails TurboTax for ‘Free Filing’ Scam | | Offer Your Tax Clients Other Services |  Higher Fees to Start: Ten Ways to Make Your Tax Season Better | Tax Pros Handle 37.7% of E-filings | If Only the IRS’s Tax Pro Were Useful | Can Your Tax Reviewers Answer These 10 Questions? | Tax Pros File 33% of Early Returns | Can’t IRS Online Accounts Be More Useful?

In this live webinar, attendees – and now you – get the fundamentals for catching lucrative tax rep engagements without adding to busy season workloads. With live, real-time Q&A, everyone’s questions got answered.
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Help Business Clients Lower Property Tax Assessments

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profile of man shouting TAX and other, starred-out wordsSome property owners pay inaccurate property tax levels by as much as 20% to 30%.

By Josh Malancuk with JM Tax Advocates

With cash-starved states and municipalities looking under every nook and cranny for revenue, manufacturers with lots of fixed assets and personal property are generally taking it on the chin when it comes to their property tax assessments.

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Many of your business clients, especially manufacturers, sense their assessments are too high. But most don’t have the time, resources or expertise to challenge their assessment through the protest or appeal process before the deadline. And so, overpayments continue for another cycle and then again, and again and again. That’s what assessors count on. But you owe it to your clients to keep your assessors accountable through available appeals and to help them avoid overpaying taxes year after year.

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Offers in Compromise Aren’t for Everyone

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How much can the client pay?

By Eric L. Green
Tax Rep Network

No IRS program is more interesting yet misunderstood than the IRS’s offer in compromise program. For taxpayers who owe money to the IRS, between 15 million and 20 million of them, the thought that they can settle their back tax debt for less than the amount owed is an answer to many of their prayers.

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Many people have seen the late-night television ads or heard the satellite radio spots: the taxpayer, who seems just like them, owed huge sums of money to the IRS and was being abused by the callous tax machine when the advertising company came to the rescue and settled that tax debt for “pennies on the dollar.”

Are these ads telling us the truth? Can taxpayers really settle their tax debt for little to no money? The answer is yes, they can, but it depends upon their financial situation.

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Annual Criminal Tax Conference Set for June 4

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The one-day online conference features IRS leaders and top tax attorneys and eight CPE credits.

Hosted by Eric Green

Key IRS leaders and nationally recognized criminal tax attorneys will convene June 4 for The Fourth Annual Criminal Tax Day 2021, a one-day online conference hosted by Green & Sklarz Foundation Trust that provides educational CPE/CLE sessions for CPAs, EAs, and attorneys on the hottest criminal tax topics. All proceeds go to charity.

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