Wednesday, October 22, 2014

What You Need To Know About IRS Representation

By Dominique Martin


International Revenue Service (IRS) is the body in U. S government with the mandate to collect and enforce law on tax. When a company or taxpayers do not meet set regulations by this body, they may be called upon to answer charges. In this case, they will require proper IRS representation should they not be in a place to appear before the agency.

Identifying the people or agents that can be hired to represent any individual is important. Professionals that the Internal Revenue Service department agrees to negotiate with on behalf of the taxpayer include: Certified Public Accountants, Attorneys, Enrolled IRS Agents and Enrolled Actuaries. These professionals are likely to have dealt with similar cases and hence will provide the desired advice and course of action.

Every taxpayer would benefit from knowing their rights and how to protect themselves from the sometimes harsh practices of the Internal Revenue Service. This knowledge comes in handy while preparing on how to respond to their accusations. Even though the mere requirement to appear does not mean that one is on the wrong, an individual should always be prepared for any outcome. You could use the internet to find this information if need be.

Besides the trained professionals, there are un-enrolled individuals one can enlist to represent him or her. These are recognized by the IRS based on a special relationship with the taxpayer. This could be a spouse, fiduciary, a family member or a fulltime employee if this is a company. The representatives carry out various tasks on behalf of the taxpayer including signing of waivers of restrictions, claims for refunds, receiving refund checks, and closing agreements on tax liability.

For those relying on un-enrolled representatives, there are basic requirements the person should meet. Make sure the representative does not have any past tax criminal charges, rejected application by IRS to practice as representatives, or have not been disbarred from practicing. Such will only waste your time and money as the agency will turn them down.

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.

When choosing a representative, one can use the internet to find various professionals within their area that offer such services. Both companies and private practitioners have their business profiles in the internet today for marketing purposes. You could also ask for referrals from colleagues and family. Of importance is to conduct proper research on every prospective candidate before hiring. Find out what their training level is, their experience and reputation in this field, among other details.

If the professional is selected wisely, they should offer advice on a number of issues. The most common problems taxpayers are faced with are matters relating to unfiled or delinquent returns and completing forms for paying tax debts. Others are issues relating to federal and state audits, penalty abatements and matters relating to offer in compromise.




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