Lowrance Law, LLC

irs_logo_5A comprehensive list of questions and answers on the impact of the current government shutdown on IRS and tax administration has been published by the American Institute of CPAs Tax Section. The Question & Answer page was created to help practitioners working to complete tax returns by the October 15 filing deadline.

The organization said it “has urged the IRS to consider the substantial burden imposed on taxpayers (and practitioners) by the inability to communicate with and obtain information from the IRS.” The AICPA Tax Executive Committee “is currently considering whether it is appropriate to advocate for a legislative solution to provide for an additional extension of time to file tax returns.” The Q&A page can be accessed at http://bit.ly/1byGpvU.

The government shutdown is having a severe impact on every slice of the US economy. US government employees are not being paid, and many workers live paycheck to paycheck. The Congress should do their job instead of bickering among themselves over health care for all Americans.

Some of the Questions presented are the following:

Will individual taxpayers still need to file by October 15th or can the IRS extend due dates?
Will the IRS provide an expedited or automatic abatement of penalties for late-filed tax returns?
Will the practitioner hotline remain open during a government shutdown?
Will examinations continue during a government shutdown?

There are many other excellent questions. Read the original article.

Bill Lowrance
Lowrance Law LLC



IRS Shutdown-What Happens?

October 1, 2013

 The IRS shutdown will impact most taxpayer services. Automated collection activity will continue. You will receive the computer generated letters advising that you owe the IRS tax, penalties and interest. Non-automated collection and other tax processing activities will stop.

All IRS appointments related to examinations (audits), collections, Appeals or Taxpayer Advocate cases are cancelled. IRS personnel will reschedule those meetings at a later date, and who knows when that will be?

IRS will, however, process your tax payments (of course), continue computer operations to prevent data loss and revenue collections, maintain safe working conditions for essential personnel, maintain criminal tax enforcement and undercover operations, and protect all statute of limitations expirations, bankruptcy, liens and seizure cases. However, IRS will stop taxpayer services such as answering taxpayer questions, answering the telephone and providing all customer service functions.

For full report see the Department of Treasury’s complete “shut down” plan at http://1.usa.gov/18JtneJ. Also see the IRS’ detailed report on the shutdown at http://1.usa.gov/GzA1KB. Also, check out Tax Girl’s article at http://onforb.es/15Gp2do.

Good luck and remember to pay all your estimated taxes, respond to computer generated letters (maybe best to do so in writing since no one will answer the telephone).

Bill Lowrance
Lowrance Law LLC


April 15, 2011

The IRS issued a press release advising taxpayers of payment options when you file your income tax return. The release is IR 2011-42. I have placed it in the blog below. The most important thing for you to know is if you owe taxes but you cannot pay the full amount file your tax return […]

Read the full article →

Got A Letter From The IRS? What To Do?

April 13, 2011

The IRS just sent out IRS Tax Tip 2011-73. The notice gives you the IRS view of what to do if you receive a letter from the IRS. Read this over and do not panic. If you need assistance with the IRS, please contact me at 703 506 1600. I handle audits, examinations and litigation […]

Read the full article →

What’s Hot — IRS Hiring Hundreds of Revenue Agents

May 18, 2009

Okay. Get ready. The IRS is gearing up and has announced jobs for hundreds of critical jobs nationwide. Most of these jobs are for internal revenue agent positions (look for series number 0512). At least 30 hours of college-level accounting coursework is required for revenue agent jobs. What does this mean?  IRS will hire revenue […]

Read the full article →

TIGTA Audits IRS 2008 Report To Congress

January 6, 2009

The Treasury Inspector General for Tax Administration (TIGTA) is the only government entity that conducts internal audits the IRS.  Well, now you can read the most recent interesting report that covers their audit April 1, 2008 through September 30, 2008.  The report is TIGTA’s semiannual report to Congress. There are some “blockbuster” (technical tax term) statements and […]

Read the full article →

IRS Explains All The Tax You Want To Know

December 17, 2008

The annual “More Tax Than You Want To Know” is now available via the IRS website.  Publication 17 explains everything you need to know about your taxes, returns and filing.  See Publication 17 From IRS News: “The IRS has placed its comprehensive tax guide for individuals on  IRS.gov, updating it for tax year 2008. The […]

Read the full article →

IRS Eases Process To Avoid Federal Tax Lien

December 16, 2008

Selling your property is almost impossible if the IRS has filed a tax lien.  If you are trying to sell or refinance your home and there is a tax lien, you can file certificate of subordination of federal tax lien.  There is no special form, but you or your representative can send in a letter requesting […]

Read the full article →