Jim Payne's Tax Blog in Gainesville, FL

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RECENT BLOG POSTS
I represent taxpayers in Gainesville and the state of Florida who have tax issues with the IRS. The IRS reinstated an old program in 2019 of using non-government collection agencies to collect IRS tax debts. The IRS’s policy is to only assign accounts that have been “inactive” for more than a yea...
12/30/2019
I represent taxpayers in Gainesville and the state of Florida who have tax issues with the IRS. Form 433 is used by taxpayers to submit financial information about what they own and future revenues to the IRS Collections Division. This information is used by the IRS to determine how much money th...
12/23/2019
I represent taxpayers in Gainesville and the state of Florida who have tax issues with the IRS. IRS correspondence is rarely a fun thing to receive. The result is that most people fail to notify the IRS of address changes. Most of the time, not a big deal. But sometimes this failure to notify can...
12/18/2019
I represent taxpayers in Gainesville and the state of Florida who have tax issues with the IRS. One of the concerns many taxpayers have in an IRS audit is the request to turnover the backup files for their electronic accounting software such as QuickBooks. You have no choice but to comply with th...
12/16/2019
I represent taxpayers in Gainesville and the state of Florida who have tax issues with the IRS. Normally, new tax laws get their own bill and some bland title that produces a nifty acronym. But that was the old days when it was possible for Congress to find some common grounds. The new reality is...
12/11/2019
I represent taxpayers in Gainesville and the state of Florida who have tax issues with the IRS. The IRS Offer-in-Compromise is an agreement to clear a tax debt for less than its face value. Making the offer is a time-consuming task that requires a considerable amount of reporting to the IRS to sh...
12/09/2019
I represent taxpayers in Gainesville and the state of Florida who have tax issues with the IRS. The Do It Yourself (DIY) approach can produce very poor results. Simply not knowing how the system works can result in a payment plan with higher amounts than you can make. But, not always. The IRS doe...
12/02/2019
I represent taxpayers in Gainesville and the state of Florida who have tax issues with the IRS. One of the current problems at the IRS as pointed out by Tax Advocate Service’s 2018 Annual Report to Congress was the blurring of the lines of when has a tax return been audited vs. a math error corre...
11/25/2019
I represent taxpayers in Gainesville and the state of Florida who have tax issues with the IRS. The IRS Offer-in-Compromise is an agreement to clear a tax debt for less than its face value. Paying less is a great goal but your effort will be waisted if you don’t do all the steps.Making the offer ...
11/20/2019
I represent taxpayers in Gainesville and the state of Florida who have tax issues with the IRS. One of those issues is debts owed to the IRS for past taxes. The IRS has a lot of tools in their toolkit to include seizure of cash accounts and levies on wages. One of the newest tools is to revoke th...
11/18/2019
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Jim Payne, CPA

CPA firm practicing in the area of IRS Collections
smartphone(352) 317-5692
local_phone(352) 376-9401
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