As Floyd “Money” Mayweather prepares for his epic battle against UFC superstar Conor McGregor in August 2017, he’s also got something else on his mind — namely some unpaid tax liabilities. According to a petition filed with the US Tax…
July 20, 2017
If you are a regular reader of this blog, you recently learned that the IRS has proposed to increase the cost of user fees associated with obtaining an installment agreement for taxpayers that would like to repay their debt to…
September 12, 2016
Do you have an installment agreement with the IRS regarding your unpaid tax liabilities? Even with an active installment agreement in effect, keep in mind that the IRS can still file a Notice of Federal Tax Lien on your unpaid…
April 14, 2015
Are you being audited by the IRS and need to negotiate? Many people survive IRS audits without legal representation. However, you may want to have a tax attorney on speed dial as you go through the audit on your own….
March 24, 2015
The Treasury Inspector General for Tax Administration recently conducted an audit of the IRS’ Collection Due Process program. What is Collection Due Process? A taxpayer can request a collection due process (CDP) or equivalent hearing on IRS Form 12153 if…
January 20, 2015
“My battles with the IRS started about 15 years ago. One thing led to another and the problem got worse over time. I tried to resolve the matter by myself and that did not work. With no other option, I…
February 26, 2014
“Thank you for the wonderful job in resolving our tax issues with the IRS. Your hard work, professionalism and dedication are very much appreciated. You maintained an open communication and always kept us informed via telephone, letter, and email. We…
February 25, 2014
A management consultant had unpaid 1040 liability due to the IRS. Wanting to make right with the IRS, he petitioned and was granted an installment agreement. In addition to granting the installment agreement, the IRS also filed a Notice of…
February 19, 2014
Let’s talk about paying your taxes with an installment agreement. An installment agreement is where you pay your liability to the IRS in monthly payments. It includes penalties and it includes interest. The amount of money that you owe is…
December 04, 2013
1-877-447-7529
© 2023 Patrick T. Sheehan & Associates, Attorneys at Law, P.C. - Privacy Policy - Terms and Conditions
Serving the Chicago Area - Disclaimer