Thank you so much for the video. This is extremely helpful. Regarding section 7, why is the non-liable spouses wages emitted? In the description above section 7, it says to list all income for anyone in the household.
Generally no, however circumstances may allow for it. "Transportation expenses are considered necessary when they are used by taxpayers and their families to provide for their health and welfare and/or the production of income." www.irs.gov/irm/part5/irm_05-008-005r#idm140636816474112 IRM 5.8.5.22.3
Hey Anthony, I became a CPA a few months ago and was looking to learn more about the tax resolution process. Love your videos. I was wondering, would it be okay with you if I booked a 1/2 hour consultation to pick your brain about your practice? Willing to pay full price.
Do they always ask for updated financials? Or do you think if maybe the other things (regarding his business) were in the original offer, they may not have reached out just for updated bank statement? Or is that pretty common to always ask for them before officially accepting the OIC?
Thank you so much for the video. This is extremely helpful. Regarding section 7, why is the non-liable spouses wages emitted? In the description above section 7, it says to list all income for anyone in the household.
What is the notice number on your acceptance letter
What if you are paying for your dependent child’s car note and you are a consigned. Can you use your dependents child’s car note as well?
Generally no, however circumstances may allow for it. "Transportation expenses are considered necessary when they are used by taxpayers and their families to provide for their health and welfare and/or the production of income." www.irs.gov/irm/part5/irm_05-008-005r#idm140636816474112 IRM 5.8.5.22.3
Hey Anthony, I became a CPA a few months ago and was looking to learn more about the tax resolution process. Love your videos. I was wondering, would it be okay with you if I booked a 1/2 hour consultation to pick your brain about your practice? Willing to pay full price.
Congrats! Definitely, feel free to call to schedule. 800-245-0596
Can everyone deduct the monthly expenses from the amount in their bank account? Or is it with specific circumstances?
Do they always ask for updated financials? Or do you think if maybe the other things (regarding his business) were in the original offer, they may not have reached out just for updated bank statement? Or is that pretty common to always ask for them before officially accepting the OIC?
It is common practice to ask for updated bank statements and financials.
Does IRS still take payments if IRS is evaluating OIC for over a year?
yes!
If you are looking to schedule an appointment to go over your case, please use the link below.
www.eataxresolutions.com/form-tax-consultation-2