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So why can't I just do this myself and save $600 or $900 or $1,000? I already know I can't afford to pay them anything but they keep trying to take my grocery money from every paycheck.

Even IRS can't force a taxpayer to make payments on old taxes if doing so would cause an "undue economic hardship".

That's the theory, at least.

Proving the point is a bit difficult. Especially for someone who isn't familiar with the specific and tremendously detailed way IRS makes their calculations to determine whether or not a taxpayer can make payments and how much they have to pay.

We've talked to numerous panicked people who tell us they called IRS and discussed all their income and expense figures just knowing that the IRS telephone representative would agree with them and say that they had so many monthly bills to pay that they simply couldn't afford to pay anything to IRS.

Ha! That's when the steel trap slams shut on your leg and you realize there's no hope of escape!

What these people thought were good monthly expenses didn't meet the ordinary and necessary test imposed by IRS.

IRS' opinion of ordinary and necessary is way different than yours or mine. Just ask 'em. Pool cleaning and even cable TV and DSL and a second phone line aren't on the list!

Suddenly we have a new client who thought he was in the hole by $487 per month being told by the IRS rep that he can afford to make a monthly payment of $326.

Makes our fee look like small potatoes compared to what IRS is about to take.

This really happens a lot.

 

  

Think You Can't Afford To Pay IRS Anything At All Right Now?

Let's Make The Calculation The Way IRS Makes It Just To Be Sure.
"I'm sorry, sir, but some of your house payment isn't considered ordinary and necessary."
"But we've been living in this house for five years and can't move."
"Excuse me, sir, but I'm going to disallow some of your car note payment, too. We have
   limitations on certain expenses and some of your expenses exceed our maximum allowables."

As the name Currently Not Collectible,  or CNC, or Uncollectible Status, implies, some taxpayers aren't able to pay IRS anything at all on a monthly basis without incurring financial difficulties that would be so tough that even IRS wouldn't want to pursue collection.

But remember, though, that your definition or opinion of your inability to pay them anything is probably very different from their definition or opinion of your inability to pay them anything. And guess whose definition or opinion of "inability to pay them anything" is important? 

Here, the same financial information is provided to IRS that is necessary for an IRS Offer in Compromise or an IRS Installment Agreement.  However, in this case the information shows that the taxpayer's financial condition is so bad that (s)he cannot afford even a small monthly payment.

Like the IRS Installment Agreement, once the taxpayer is declared uncollectible, IRS will typically allow him or her to remain classified in this manner for eighteen months to two years or more.  This will allow the taxpayer some time to get into a better financial position so that payments can be made at a later time.  IRS is not willing to completely write off and eliminate the back taxes like they would do through an Offer, but at least the taxpayer gets some breathing room.

Unfortunately, IRS will continue to accrue interest and add it to the amount owed.  So at the end of the uncollectible period the taxpayer will owe more than (s)he did when originally classified as uncollectible.

At the end of the uncollectible period, IRS will want to re-evaluate your financial position, so they will discuss with you all of your income and expenses. If the figures show that you have positive cash flow and can afford to make monthly payments, then IRS will set you up on a monthly Installment Agreement. If, however, your monthly expenses are equal to or greater than your monthly income, then IRS will tell you that you are still deemed uncollectible and will not be required to make any payments.

Like the Installment Agreement, our fee for successfully negotiating with IRS to classify taxpayers into CNC Status is $595 if no other services are needed, regardless of the amount of time it takes us to finalize the agreement with IRS.  Flat rate.

We guarantee this service.  If for ANY reason we are unsuccessful in negotiating you into CNC Status with IRS, you will not be required to pay us.  We are so confident in our ability to provide you with successful results (because of the many times we've done it in the past) that we can make this promise to you. 

How Long Can Such A Good Deal Last?

Until the End of Time? Until pigs fly? Until men tell women the truth more than 50% of the time? Hardly.

You can stay classified CNC as long as a few things happen:

  1. You file all of your future tax returns on time, extensions included.

  2. You totally pay any tax balance due on those new tax returns.

  3. Your income doesn't increase dramatically from one year to the next - say over maybe 15% or 20%. The IRS Big Brother Eye In The Sky Super Computer will keep tabs on that little statistic by monitoring your W-2s and 1099s and other reported sources of income.

  4. You stop voting for those annoying Green Party candidates. Stick to Dems and Reps. Green's not even in the flag.

 

 

 If our calculations show us you can qualify for CNC Status, we'll tell you immediately and then set it as our goal.

Remember, we get all of the necessary information from you and do our homework and  make our calculations using the same exact method IRS uses before we even talk to them the first time about your personal or financial details.

The way we do it, we already know the outcome of the negotiation before we even begin it.

It's not like we have a secret formula or choose not to tell IRS everything we should tell them about you.

 It's just that we know exactly what they want to know about you and we use our knowledge and expertise and ability and experience in your favor the same way they do things in their favor.

And don't forget, we'll tell you up front what our calculations show so you'll know what the outcome should be before we start talking to IRS.

Is that cool or what?

 
   

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