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Tuesday, 14 June 2011

Enrolled Agents Offer Superior Talent to Address IRS Notices for Delinquent Tax Returns

People who have failed to file a tax return and receive an IRS notice need immediate help. When you have training as an enrolled agent, you possess the highest skills to address the concerns of these individuals. They need you to prepare the delinquent tax return plus negotiate with the IRS over penalties.
As an enrolled agent you are a tax expert authorized by the IRS. Making people aware of this qualification provides an avenue for troubled taxpayers to benefit from your enrolled agent continuing education. This public service also causes your tax practice to grow.
Taxpayers receiving IRS notices about delinquent tax returns are most in need of the level of tax expertise provided by enrolled agents. Willful failure to file a tax return that is legally required is a criminal offense. That's the reason Wesley Snipes in incarcerated. A plan of action with professional representation is required by anyone who has not filed a prior year tax return.
Taxpayers commonly fail to understand tax notices, despite IRS efforts to simplify them. Reading a letter under duress that is several pages long tends to create panic for taxpayers. However, failure to respond to an initial letter causes subsequent correspondence that demands payment…or else.
Tax notices for delinquent tax returns usually provide lists of income that's been reported to the IRS. However, the notice omits factors that the IRS doesn't know, such as itemized deductions, business expenses, and cost basis. The training you possess from enrolled agent CPE permits you to prepare a tax return with both income and eligible deductions.
A most important reason for taxpayers with these notices to contact enrolled agents is that they need someone to discuss their circumstances with Tax Resolution Services. This is why you need to take an enrolled agent course to become the optimal tax practitioner.
Your first step in representing a taxpayer is to contact the IRS and request additional time for responding to the tax notice with a completed tax return. You also present the completed tax returns to the IRS on behalf of the taxpayer. This avoids the possibility of taxpayers saying anything that's self-incriminating. Over half of the referrals to the criminal investigation division of the IRS come from the IRS officials who meet with taxpayers.
The other benefit that enrolled agents provide to distressed taxpayers is the ability to negotiate relief on back taxes owed. The expertise and authority you possess as an enrolled agent is more effective than taxpayers representing themselves. To prove this concept to the public you only need to point out the effort required to obtain a penalty abatement, an offer in compromise, or even a reasonable tax installment payment agreement.
IRS Circular 230 Disclosure
Pursuant to the requirements of the Internal Revenue Service Circular 230, we inform you that, to the extent any advice relating to a Federal tax issue is contained in this communication, including in any attachments, it was not written or intended to be used, and cannot be used, for the purpose of (a) avoiding any tax related penalties that may be imposed on you or any other person under the Internal Revenue Code, or (b) promoting, marketing or recommending to another person any transaction or matter addressed in this communication

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