How to Negotiate with the IRS: Tips from a Tax Resolution Expert

If you are able to negotiate with the IRS, it is important to be prepared. Before engaging in negotiations, understand the financial position of yourself and the IRS. Make sure that any negotiation requests are realistic and have a legitimate reason for them. Additionally, make sure to provide all supporting documentation in order to back up your proposed offers or payment plans.

Understand Your Tax Situation

  • Review your tax debt, including interest and penalties.
  • Research the Internal Revenue Code (IRC), case law, and revenue rulings that may apply to your situation.
  • Prepare a thorough financial statement that includes all of your income, assets, and liabilities.

Gather Supporting Documentation

  • Collect all relevant information such as income tax returns, bank statements, proof of expenses and deductions, letters from the IRS, or other relevant information.
  • Make copies of all documents before submitting them to the IRS.

Research Relevant Tax Laws & Regulations

  • Understand the various resolution options that are available to you based on your financial situation.
  • Research the various laws, regulations, and court cases that may apply to your particular situation.
  • Understand the policies that the IRS has in place for each resolution option.

Prepare an Offer In Compromise

  • Create a detailed proposal outlining how you will pay your tax debt.
  • Ensure that the proposal is realistic and takes into account all of your financial information.
  • Make sure that the offer meets all of the IRS’s criteria for an Offer In Compromise.

Negotiate with the IRS

  • Communicate with the IRS on a regular basis in order to ensure that they are aware of your situation.
  • Be prepared to answer any questions and provide additional documentation that may be requested by the IRS.
  • Remain professional and courteous during all negotiations.

Finalize Your Agreement

  • Make sure that you read and understand all of the documents before signing them.
  • Sign all agreements in the presence of a notary or IRS agent.
  • Make sure that you keep copies of all documents related to your agreement.
  • Comply with all terms and conditions outlined in the agreement so that it remains valid.
  • Keep track of any payments made to ensure that they are applied correctly.

Bratini & Associates Can Help

  1. Our experienced tax experts have successfully negotiated with the IRS on behalf of our clients.
  2. We are knowledgeable in all relevant laws and regulations, as well as court cases that may apply to your situation.
  3. We can help you create an offer in compromise that is realistic and takes into account all of your financial information.
  4. We are experienced negotiators and can help you come to an agreement that is favorable for both parties.
  5. With our assistance, you can get the debt relief that you need in order to move on with your life.

The process of successfully negotiating with the IRS is complex and time-consuming. With the right preparation, however, you can get debt relief and have peace of mind knowing that you’ve reached an agreement that works for both parties. Bratini & Associates can help make this process easier, and our experienced tax experts are here to guide you through every step of the way. Contact us today to learn more about how we can help you with your IRS negotiation needs.

We look forward to hearing from you soon!