Thursday, October 16, 2014

Some Useful Tips On IRS Representation

By Dominique Martin


IRS denotes internal revenue service, the agency in the U. S government that is responsible for both tax law enforcement and collection. Representation on the other hand comes about when the IRS requires an individual or directors of a company to appear before them. Personal appearance or hiring someone else to do so is what constitutes IRS representation.

Several professionals qualify as prospective IRS representatives. Such have proper training and experience handling different cases with the body. These are also accredited by the IRS to act as representatives for taxpayers when need arises. Such professionals include Certified Public Accountants, Attorneys, enrolled IRS agents or Actuaries.

There is plenty of information in the internet about IRS tax problems. Every taxpayer should seek to get such information especially if preparing to face this body. In some cases, the body may have unlawful accusations against you thus making it necessary to know your rights. This way, you can easily defend yourself and avoid losing money.

Such professionals are allowed to handle issues relating to signing claims for refunds and receiving refund checks. They also deal with the signing of closing agreements regarding a tax liability and signing waivers of restrictions on assessment or collection of a tax deficiency. Specific unenrolled individuals are also allowed to represent the taxpayer mainly based on a special relationship they may have with them. These individuals include: a family member, a partner, a full time employee, a fiduciary and even the taxpayer himself.

If sending an un-enrolled representative, make sure they have a clean record on criminal offenses touching on revenue law. At the same time, the person should have no previous rejected application to the IRS asking for enrolment. Some may also been disbarred by the agency for one reason or another; make sure to steer free of such.

In a city like OLNEY, MD, taxpayers ought to be keen with the professional they choose as their representative. This is because many will pose as possible candidates only for one to realize they have lost their licenses long ago. The professional could be retired, going back to school, or disbarred by the IRS due to involvement in a criminal activity related to revenue law.

To avoid this, conduct some due diligence on all prospective candidates before hiring. Use the internet and friends to get names of reliable professionals within the area. Today, many businesses give details information about their services online. Compare different companies or professionals in terms of their training level, reputation and experience in the field. Go for those with an excellent track record.

Some common issues that may prompt a taxpayer to seek representation include incomplete tax forms, delinquent or unfiled returns, penalty abatement, state audits as well as issues touching on offer in compromise. Most of these are serious issues that require professionals handling them. Besides, wrong handling could cost you a lot of money or a jail term. This makes it crucial to choose your representative keenly.




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