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KNOW YOUR RIGHTS WHEN DEALING WITH THE IRS

Author: First Choice CPA Services, LLC | | Categories: Accountants , Accounting Experts , Accounting Firm , Accounting Services , Accurate Bookkeeping , Back Taxes , Bank Financing , Bankruptcy , Bookkeeping Services , Business Advisory Services , Business Planning , Business Risk Mitigation , Cash Flow Management , Certified Public Accounting Firm , CPA , Estate Tax Preparation , Financial Management for Individuals , Financial Management for Small Businesses , Financial Planning , Financial Statement Preparation , General Ledger Maintenance , Income Tax Preparation , Innocent Spouse Relief , IRS , Litigation Support , New Business Formation , Non-Filed Tax Returns , Offer in Compromise , Part-Time CFO Services , Payroll Services , QuickBooks Services , QuickBooks Setup , QuickBooks Training , QuickBooks Tune-Up , Retirement Planning , Reviews and Compilations , Small Business Accounting , Succession Planning , Tax Advice , Tax Compliance , Tax Consulting , Tax Experts , Tax Levies , Tax Planning for Business Owners , Tax Planning for Retirees , Tax Preparation for Business Owners , Tax Preparation for Individuals , Tax Preparation for Non-Profit , Tax Preparation for Retirees , Tax Preparation for Small Business Owners , Tax Professionals , Tax Relief , Tax Resolution , Tax Resolution Experts , Tax Returns , Tax Specialists , Trust Tax Preparation

By law, you as a taxpayer have fundamental rights when interacting with the IRS. It's important that you know and understands your rights. The Taxpayer Bill of Rights presents these rights in 10 categories.

Here's an overview of these rights:

  • The right to be informed – You as a taxpayer have the right to know what you need to do to comply with the tax laws.
  • The right to quality service – You have the right to receive prompt, courteous, and professional assistance when working with the IRS and the freedom to speak to a supervisor about inadequate service.
  • The right to pay no more than the correct amount of tax – You have the right to pay only the amount of tax legally due, including interest and penalties, and to have the IRS apply all tax payments properly.
  • The right to challenge the IRS's position and be heard – you have the right to object to formal IRS actions or proposed actions and provide justification with additional documentation.
  • The right to appeal an IRS decision in an independent forum – You are entitled to a fair and impartial administrative appeal of most IRS decisions, including certain penalties.
  • The right to finality - Taxpayers have the right to know the maximum amount of time you have to challenge an IRS position and the maximum amount of time the IRS must audit a particular tax year or collect a tax debt.
  • The right to privacy – You have the right to expect that any IRS inquiry, examination or enforcement action will comply with the law and be no more intrusive than necessary.
  • The right to confidentiality – You have the right to expect that your tax information will remain confidential.
  • The right to retain representation - You have the right to retain an authorized representative of your choice to represent you in your interactions with the IRS.
  • The right to a fair and just tax system – You have the right to expect fairness from the tax system. This includes considering all facts and circumstances that might affect your liabilities, and ability to pay or provide information timely.

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