Nicholas Hartney, E.A.©

Having a bad day? Take it out by levying someones bank account or sending out a wage garnishment! If you are miserable why shouldn't everyone else be?  IRS ACS NOW ACCEPTING APPLICATIONS!     Here is a brief example of what I deal with on a daily basis throughout the work week: 1) Wait on hold from anywhere from 10 minutes to an hour (most often closer to an hour). 2) Speak to some angry IRS collection representatives who has been brainwashed to think that people who don't pay their taxes are criminals and deserve to be told a lesson about how morally correct it is to pay their taxes on time (which is really annoying for me having to hear the same lecture every time I call). 3) You think judges who legislate from the bench are bad?  Try dealing with a lowly IRS bill collector who tries to legislate from his cubicle. Example:  I had a client last week who owed an amount so low that by law she was guaranteed a 5-year installment agreement. ...

The 2010 IRS Nationwide Tax Forum was nicely set up and had some great presentation speakers.   Some of the highlights discussed from the forum: There were almost one million federal tax liens filed in 2009. The National Taxpayer Advocate's Office discovered that federal tax liens drop your credit score 100 points as soon as they are filed.  The investigation also found that the three major reporting credit agencies, Experian, Equifax, and Transunion, do not remove tax liens for years, if at all, even after the tax has been paid.  The Fair Credit Reporting Act allows the agencies to keep the lien on your credit report for up to 7 years after payment in full.  Regardless of this Act for some reason the investigation found that Equifax keeps liens on your report for up to 15 years, Experian keeps the liens on your report for 10 years, and TransUnion indefinently!  Federal Tax Lien filings went up 475% over the past 10 years. Bankruptcy on back taxes are di...