Schneider & Company, Inc. CPA-Attorney

Please take a moment to answer these questions. If you answer "No" to any of these questions, you may benefit from a tax consultation with us.

Question	Yes	No
Have you taken all possible legal steps to help avoid and minimize the effect of tax liens and levies?
Do you know how to negotiate with the IRS to allow you the benefits of a payment plan/installment agreement?
Can you handle the frustrations of having to continue to divert your energies from your work in order to work with changing IRS personnel and their constantly changing rules?
Do you really owe the IRS what they say you owe?
Are you aware that you may be able to discharge taxes, interest, and penalties in bankruptcy?
Do you know you can access your workpapers, records, and information for the IRS under the Freedom of Information Act?
Do you know if the statute of limitations has expired or is about to expire on the right for the IRS to collect penalties, interest, and taxes from you?
Given the rate at which interest charges and penalties mushroom, does it seem possible that you will ever be able to reduce your debt to the IRS?
Are you aware of all the IRS traps that may pertain to your audit or the collection of your taxes?
If a 100% (trust fund recovery) penalty was assessed against you, have you had its accuracy checked? In many 100% cases, the IRS computed the penalty incorrectly and to the taxpayer's detriment.
Are you comfortable with handling the appeals process yourself?
Are you aware of the negative consequences and the relatively painless solution to your having gone several years without having filed income tax returns?
Has the IRS adequately explained how the 100% (trust fund recovery) penalty works?
Do you konw how to keep the IRS from closing your business to collect past due taxes?
We have over eighty (80) years of combined experience dealing with the Internal Revenue Service. Do you have this level of experience on your side?
Do you know how to deal with a potential spousal liability for your penalties, interest and tax?
Are you aware of the financial dangers to you of agreeing to extend the period of assessment?
Do you know how to counter any adverse effects of a tax return prepared for you by the IRS?
Do you feel comfortable signing any document presented to you by the IRS without first consulting a professional?
Do you know the effects of a tax lien? Do you know how to release, discharge, subordinate, or prove nonattachment of a lien?
Are you aware of the IRS's levy and sale provisions? Do you know how to get a levy released?
An Offer in Compromise has technical requirements. Do you know them? Are you aware of the general risks, enormous costs and truly low acceptance rate of Offers in Compromise?
Do you know that a representative, and not you, may appear before an IRS agent?
Has anyone explained how damaging termination and jeopardy assessments can be?
Have you received the refund or abatement of taxes, plenalty, or interest that you feel is due you?
Procedural traps can be tricky. Have you responded to each and every contact or letter sent to you by the IRS?
If the IRS investigatory powers seem to have been intrusive, damaging to your reputation, and unlmited, do you know what action you can take?
Do you know how to respond to an IRS summons?
Has the IRS complied with all its required procedural steps before beginning tax collection efforts and before filing tax liens or tax levies?
When the IRS audits your payroll, have you prepared in advance to deal with the issues of employee vs. independent contractors? Are you aware of the enormous costs that accompany the IRS's retroactive reclassification of independent contractors and how to avoid it?

Remember, if you are in debt to the IRS and you answered "No" to any of these questions, you may benefit from a tax consultation with us. Please call us at 317.844.1303 or email us at Schneider@CPAttorney.com.

Schneider & Company, Inc. does not engage in the practice of law. Any legal services are offered and rendered only through the law office of James J. Schneider, Attorney at Law.

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Tax Problem Quiz