You’ve endured your fair share of drama from the IRS, and now, one of the agency’s representatives is determined to get in touch. It’s perfectly natural to feel worried after an IRS revenue officer is assigned to your case, but it’s not time to lose hope just yet.
Play your cards right, and this could be your opportunity to score a favorable resolution. This is what you should expect as you begin working with an IRS revenue officer:
Meet With the Officer
IRS revenue officers spend much of their time meeting directly with taxpayers or their representatives. These consultations sometimes occur at field offices, although it is common for revenue officers to visit taxpayers at their business or place of residence.
During each meeting, the revenue officer will ask targeted questions about your financial situation and your tax issues, with the goal of determining whether you’re currently undergoing any undue hardships. All questions should be answered politely and honestly — but these answers should also be succinct.
Prior to the meeting, be sure you’re thoroughly prepared with all relevant documents and information. Devise a game plan to determine how you’ll explain your situation and how you’ll respond to anticipated questions. You have the power to shape your discussions with revenue officers; you simply need to do your homework.
Work With an Enrolled Agent
While revenue officers sometimes work directly with taxpayers, it’s perfectly acceptable (and always advisable) for enrolled agents to handle negotiations instead. An enrolled agent can advocate on your behalf, drawing on a thorough understanding of tax policy to help you secure the best outcome possible.
Meeting with an IRS revenue officer may seem intimidating, but remember: you don’t need to go it alone. Look to the Highland Tax Group for support every step of the way. Reach out today to get started.