Tax Account Review
The Tax Account Review Service (TAR) service is designed to help taxpayers that need specific information about the status of their account with the Internal Revenue Service (IRS). Many taxpayers complain about receiving inconsistent or incomplete information from the IRS. This service provides taxpayers with clear and concise information about the status of their IRS account.
As part of our Tax Account Review, we provide a year-by-year break down detailing how much is owed for each particular tax year. Additionally, we detail the total amount owing calculated 30 days into the future with instructions on how to properly send payment to the IRS, in the event that you wish to full pay your account balance. Many of our clients are actually surprised to learn they owe less money to the IRS then previously believed.
We also determine whether the IRS has the correct record of all your tax returns. Many taxpayers assume that just because they “filed” a tax return it was received and processed. Unfortunately, there are stories each year of tax returns being lost, not processed, or even stolen. If the IRS doesn’t show that a tax return was filed in their records then they could file one for you, which might result in a tax liability with the IRS.
The IRS has a limited amount of time to collect back taxes, called the statute of limitations. With our Tax Account Review service we find out exactly when tax debts will expire. This information is especially useful for taxpayers that have older tax liabilities or are on a Currently Not Collectible status with the IRS.
Moreover, we can determine whether the IRS has filed a tax lien. An IRS tax lien attaches to all property and may appear on a credit report. Knowing in advance whether you have a tax lien prepares you for situations if you plan to sell a secured piece of property or apply for credit.
For more information on our Tax Account Review Service, please contact us by calling 1‑888‑TAX‑LADY or using our contact form.
