TAX COLLECTIONS
IRS Revenue Officers
Tax Relief and Negotiation
In the case of frequent tax evasion, the IRS may turn your case over to either an Automated Collection System, or ACS, or a Revenue Officer employed under the IRS Collection Division. If you have accumulated a significant amount of tax debt and declined to respond to the multiple notices sent to you by the IRS, you may be expecting a visit from a Revenue Officer in the near future.
What Is an IRS Revenue Officer?
Generally, if you hold over one hundred thousand dollars in tax debt, and or failed to comply with the contact efforts of the ACS, you will most likely have a Revenue Officer assigned to your case. Revenue Officers are highly trained individuals employed by the IRS to collect tax debt from non-compliant individuals. Unlike a Revenue Agent, who solely audits taxpayers, Revenue Officers interview both taxpayers and involved third parties with the intention to negotiate with them to collect their debt.
A Revenue Officer will make first contact with you generally through an in-person confrontation. Due to Covid, they may first contact you via phone and mail. This first visit will occur after many failed contact attempts by the IRS either through notices or phone calls. If you possess concerns regarding the authenticity of the Revenue Officer that you encounter, you have the right to request their identification. A legitimate Revenue Officer will carry a plastic ID badge as well as a HSPD-12 card. It is important to take the demands of a Revenue Officer seriously and offer your compliance as they possess the ability to levy wages and assets. Due to this, it is in your best interest to enlist the help of an experienced tax attorney.
Tax Relief Options with an IRS Revenue Officer
After you have been contacted by a Revenue Officer, you may be able to set up an Installment Agreement. An Installment Agreement is an agreement between you and the IRS which allows you to pay off your tax debt through monthly payments without having to worry about levies or seizures. These agreements are difficult to obtain as the IRS Collection Division does not accept monthly payments unless they are necessary to settle your debt. Moreover, they may only be obtained if you do not hold any assets that are available to liquidate or be borrowed against.
When seeking an Installment Agreement there are two common paths which an individual may take. The first is to pay off an individual’s debt fully so that interest is minimized, and late penalties eliminated. Unfortunately, this is not a possibility present within all cases as some individual’s debt is too large. An alternative path may be to apply for a settlement of the tax debt called an Offer in Compromise.
How Delia Law May Help
At Delia Law, we will aid you in your negotiation with your Revenue Officer to help you obtain the best payment plan for your tax debt. Whether that be an Offer in Compromise or an Installment Agreement, we will guide you through every step of the way.
We will help you gather relevant information to your case, such as any previously filed Collection Information Statements and transcripts of appropriate tax periods. Additionally, we will aid you in the accurate completion of any forms which you may encounter in your tax relief process. These forms will be signed under penalties of perjury so the complete and truthful completion of them is crucial. Furthermore, the honest completion of these forms is critical as an incorrect form will undermine your reputation with your Revenue Officer, thus decreasing your chances of obtaining your most beneficial form of tax relief.
Dealing with the IRS and Revenue Officers is a stressful process, but we will do whatever we can to make the process easier for you.
Call us today at our San Diego Office (619) 639-3336, our Los Angeles Office (310) 494-0100, our Bethesda Office (410) 630-3336, or our New York Office (646) 862-2854 for a free consultation. You may also complete the form below to contact Delia Law for a no-cost attorney consultation.
