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Olsen Outlines Priorities

 

National Taxpayer Advocate Nina E. Olson delivered a report to Congress last
week that identifies the priority issues the Office of the Taxpayer Advocate
will address in the 2007 fiscal year.

These issues include a recently imposed requirement that taxpayers submitting lump-sum offers in compromise make a down payment of 20 percent of the amount of the offer.

Citing the offer in compromise as an example, Olson maintains that incorporating high-quality service within enforcement initiatives will ultimately help bring noncompliant taxpayers into compliance and thus reduce the tax gap.
The Taxpayer Advocate Service is an independent organization within the IRS, led by the National Taxpayer Advocate. Each state has at least one Local Taxpayer Advocate, who is independent of the local IRS office and reports directly to the National Taxpayer Advocate.

 

First seen at SmartPros

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What To Do If You Have An IRS Wage Garnishment
There are at least two methods of removing an IRS wage garnishment. One is to make an arrangement with the IRS. You can do this yourself through the use of an offer in compromise. Or, you can hire a tax...
What are the National and Local Standards and how are they considered in evaluating an OIC?
Collection Financial Standards are used to help determine a taxpayer's ability to pay a delinquent tax liability.Allowances for food, clothing and other items, known as the National Standards, apply...
What if my OIC is not accepted, will the application fee be refunded to me?
No. The IRS will retain the fee when: The taxpayer's initial OIC amount is too low - based on the IRS evaluation of the taxpayer's financial condition - and the taxpayer is given the opportunity to...
Tax Debt Settlement Help
If you are under an IRS wage garnishment due to a previous tax debt, there is settlement help available. Many income tax problems are associated with marriage, divorce, or death. Getting married, getting...
Are there any instances when the application fee will be applied against the amount of the offer or refunded to me after the OIC has been accepted for processing?
Yes. The fee will be applied against the amount of the offer or, if the taxpayer requests, returned to the taxpayer if: If the IRS accepts an OIC based on effective tax administration (ETA). If the...

 

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