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| "cmh" <cmh[at]cmh.com> wrote: - quote - > I am a private individual that has managed to end up owing
You shouldn't necessarily need an attorney to prepare an> the IRS around 2.5X my net worth. > It appears that all that can be done is an OIC. And that > having an attorney do that would gaion me little than large > legal fees. > Can someone enlighten me on what benefit an attorney could > provide? > Also, if you have a reference, I live in Boulder County, CO. OIC, but I would recommend you get some professional help. I'd recommend you find an Enrolled Agent or EA and talk to them about the particulars of your case. You can go to www.naea.org and search for an EA near you. You might also try your state's CPA society for a CPA. Whether you call an EA or a CPA make sure you ask if they have experience in OIC and collection work - some do, some don't. The biggest advantage to using an attorney in dealing with the IRS is that you get the benefit of privileged communications - what you say to the attorney is not usually discoverable by the IRS later. This will NOT apply with any nonattorney including EA's and CPAs. Of course, EA's and CPAs don't usually go running to the IRS to tell on you - but the IRS can issue a summons and can compel an EA or CPA to produce records much easier than they can from an attorney. If you circumstances are such that there are things that you would not like the IRS to find out about, things that could lead to criminal indictments, then please spend a few dollars and find a good tax attorney. If you were just stupid or unlucky, then you may be better served by going the EA/CPA route. If you are unsure of how to best proceed call a few attorneys in your area and ask them if they work with any CPAs or EAs, then see if you can pay the attorney a nominal retainer and have then retain the EA/CPA for you. If something comes up then with the EA/CPA it might be covered by privilege since it was the attorney and not you who retained the EA/CPA. Generally speaking, any decent EA with anything more than just a passing acquaintance with collections work should be able to tell very early on in your interview whether you need to stop talking and go see an attorney. HINT - If you meet with an EA or CPA and they say "STOP TALKING" please stop talking immediately. They are trying to help preserve your rights. Good luck, Gene E. Utterback, EA << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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| "cmh" <cmh[at]cmh.com> wrote: - quote - > I am a private individual that has managed to end up owing
First of all, you don't have to engage an attorney for this> the IRS around 2.5X my net worth. > It appears that all that can be done is an OIC. And that > having an attorney do that would gaion me little than large > legal fees. > Can someone enlighten me on what benefit an attorney could > provide? > Also, if you have a reference, I live in Boulder County , > CO. purpose. I suggest you find a local CPA or EA and have them handle this for you. Wayne Brasch, CPA, M. S. Taxation << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#-1
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| I am a private individual that has managed to end up owing the IRS around 2.5X my net worth. It appears that all that can be done is an OIC. And that having an attorney do that would gaion me little than large legal fees. Can someone enlighten me on what benefit an attorney could provide? Also, if you have a reference, I live in Boulder County , CO. Thanks << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
| Tags |
| attorney, provide |
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