Researching Your Tax History Through an IRS Account Investigation
Sometimes reading IRS notifications is like trying to figure out IKEA furniture instructions. It looks like all the parts are there, but nothing seems to fit together. If you find yourself scratching your head after receiving a letter from the IRS telling you that you owe taxes, it’s time to contact Bryson Law Firm, L.L.C. for your free initial consultation. You may need us to start an IRS Account Investigation on your behalf.
What Does the IRS Letter Mean?
Imagine getting a letter out of the blue from the IRS or the state of Louisiana informing you that you owe taxes. Why? Did you miss something on previous returns? Did you fail to fill out a return properly? Did the IRS make a mistake? Believe it or not, it happens more often than you think.
Or, maybe you have no idea what the letter is trying to tell you. The IRS has a language all its own, and it can be hard for people to decipher their jargon. We have decades of experience translating IRS notifications into layman’s terms to help you understand your tax issue. Sometimes, the IRS will inadvertently leave out crucial information in the letter. We can help fill in the gaps so you understand just what the IRS is trying to communicate.
Determining Your Tax Problem
Once we understand what the IRS is telling you, we can then research the problem for you. If the IRS is telling you that you owe taxes, you need to have a clear understanding of their rationale for your tax bill. As part of our investigation, we can sift through your past financial records to determine whether the IRS’ assumptions are accurate.
Even if you think the IRS is wrong, you can’t just ignore them. They won’t stop calling or sending letters, or filing liens against you until you’ve dealt with the tax issue. We offer clear, concise information about the status of your IRS account. As part of our investigation, we can give you an analysis detailing:
- The amount you owed for each tax year/period
- Penalties and interest you may owe for each tax year/period
- An overview of whether your tax returns were filed and assessed
- Bankruptcy analysis for each tax year/period
- An overview of when and whether the taxes are still collectible by the IRS, i.e. the Collection Status Expiration Date, or CSED
Status of a Lien
We can also determine whether the IRS has placed a lien on your assets. Liens can affect your ability to sell assets, such as your home and property, and can have a detrimental effect on your credit rating, which can hinder your ability to take out loans and obtain credit. It’s important to know whether you have a lien filed against your assets before you plan to sell a property or apply for a loan.
We’re the Tax Experts
The tax attorneys at Bryson Law Firm, L.L.C. are masters at solving the most complicated tax mysteries. Whether you want to verify how much you owe the state or IRS, have questions about a previously filed tax return, or determine whether you have a tax lien against your assets, Bryson Law Firm, L.L.C. can help. Because we are a comprehensive tax agency, once we conclude our investigation, we can then give you options for the most advantageous solutions to your tax issue.
To learn more about how Bryson Law Firm, L.L.C. can help answer your tax questions through an IRS Account Investigation, call or click to set up a free initial consultation with one of our experienced tax attorneys.