Frequently Asked Questions
Since the IRS is so powerful, is it really possible to fight them?
True tax professionals who know, and use, all the options that a taxpayer may have, can be very successful in eliminating or reducing tax debt. IRS often feels estranged but cooperative once you give us a power of attorney to exclusively represent you.
Can I stop the IRS once they have begun garnishing my wages or bank accounts?
In nearly all cases we have been able to have wage garnishments (levies) released. However, we will help you in meeting the minimum requirements to get this done.
Can't I just have my CPA or tax preparer help me rather than a CPA tax specialist and a former Internal Revenue agent?
Many CPA's refer their tax problem clients to us because they do bookkeeping and/or accounting as well but they feel we are specialists in the area of tax problems.
We also know tax attorneys who by law cannot testify against you if the specific problem becomes too difficult.
I haven't filed tax returns for many years, should I file my old tax returns?
With our guidance, our clients are able to deal with these old tax returns and tax debts and get on with their lives. Not taking action is the worst thing you can do.
The IRS has certain programs for anything prior to 2001 or 2002 returns, which we can discuss.
Will I know what ALL my options are?
Yes. Not all of the available options are right for everyone. Real professionals don't use a "one-size-fits-all" approach to force a single solution on every case. While an Offer in Compromise (a.k.a. Pennies on the Dollar) is an excellent option, it doesn't fit every case. Any strategy, or combination of strategies, if they don't fit your case, can cause more harm than good, and cost you unnecessary expenses to boot. Just as in medicine, the wrong prescription can make you even sicker.
I don't have any money to pay the IRS?
GREAT! We can use that fact to help convince the IRS to cut us a sweet-heart deal.
How much longer can the IRS legally pursue me to collect my tax debt?
Once we evaluate your case we can tell you how much time the IRS has remaining to collect your taxes.
I just got an IRS letter - what should I do?
It depends on which letter or notice you received. Each letter requires a different response depending on which strategies we are using in your particular case. The sooner you contact Jay Allen Finn, CPA, the better.
Is it really possible to bankrupt IRS Debt?
It is less likely now than it has been in the past to bankrupt IRS debt. We will refer you to an associate tax attorney who can advise about tax bankruptcy. This could also help you with your taxes.
Other important questions we'll answer for you:
- Can I remove a property lien against me?
- Am I eligible for Innocent Spouse or Injured Spouse tax relief?
- Is it possible to set up an AFFORDABLE payment plan?
- If I owe payroll or employment taxes, is there any help for me?
- Is there a benefit of comparing options?
Get ALL of your important questions answered by Jay Allen Finn, CPA and his firm.
We are the help you need to deal with the IRS.
We have been helping many good people like you for almost 30 years. So feel free to call us 24/7 and we will be available ASAP to give you a free consultation.