IRS & FTB Tax Collections
Federal and State tax laws keep changing every year, however, it is not pleasant to receive letters or notices from Federal, State or even County Taxing Authorities, especially if they are planned for collections, examinations, audits or even back taxes. We have had new clients with sleepless nights, headaches and strong emotions due to requested big amounts. With many years in these areas, we are with you. You should understand Taxing Authorities system(s), procedures or actions as described below. The IRS or Franchise Tax Board collection process is a series of complex enforced and systematic actions to collect taxes from taxpayers. Tax collections are the result of, but not limited to, tax examinations, audits, back taxes, etc. Depending on specific cases, the IRS has powers within its authorities at its discretions to collect back taxes up to 10 years or unlimited if the case is proven fraudulent or tax evasion. California Franchise Tax Board may collect back taxes up to 20 years or longer. When taxpayers do not respond timely to IRS notices or payment deadlines have passed, the IRS may proceed with actions such as Collections, Garnishment, Notice of Intent to Levy or Seize Taxpayer's Property. Please be advised California Franchise Tax Board or even County Tax Collectors may have similar system(s) and policies for tax reporting, examinations, collections, audits and back taxes. In general, taxpayer's returns may be examined due to certain reasons:
The IRS enforces sophisticated programs & systems, probably assisted with the Artificial Intelligence (AI) in the future as we believe, may assign scores to individual or business tax returns after submissions. Tax returns with high assigned scores or having any red flags of abusing tax laws to hide income, increase unsubstantiated expenses to reduce or eliminate Federal and State taxes in any ways may have higher probability of being selected for examination or audit. In addition, taxpayer’s return may also be selected for examination or audit on the cost basis of income or deduction information reporting Taxing Authorities received from third parties, especially 1099-B Stock Options or RSUs that do not match correctly with data or information reported on the taxpayer's returns. Some taxpayers prepare their taxes themselves, not reporting or filing required documents or information correctly have created errors or mistakes and cause their taxes in chaos down the road. In some worst situations, taxpayer is under multiple year back tax collections from both Federal and State Taxing Authorities. Generally, there are various audit types: Correspondence Audit, Field Audit, Office Audit and Taxpayer Compliance Measurement Program Audit. Be advised Federal & State or even County and Local Taxing Authorities may change their actions, procedures or policies, in some cases backwards, at anytime to collect more taxes.
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Correspondence Audit. It is the most common one. The IRS needs additional information from taxpayers to verify. Taxpayers will be asked to submit them within a short time deadline.
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Field Audit. In field audits, mostly for business, IRS agents may meet taxpayers at business place to examine records. Field audits can be limited these days but they are one of the most comprehensive audits.
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Office Audit. Taxpayers are requested to go to assigned IRS offices to meet with IRS assigned agents or officers. Office audits are complex, stressful and time-consuming and involve with numerous steps.
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Taxpayer Compliance Measurement Program Audit. It may work on randomly selected basis. In this audit type, any possible line of the tax return may be audited and taxpayers have to provide proven documentations to substantiate.
We Represent You Before IRS & FTB
We advise taxpayers not to ignore IRS or State tax notices or letters (CP-Number, LTR-Number) nor underestimate any level of taxing systems or reporting requirements. Since notices or letters are important, upon receiving notices, we recommend taxpayers, if they cannot handle it, should not make their case worse than it should be but contact our Firm Audit Experts, the sooner the better, due to short time constraints, accrued interests and penalties of the situation. Be advised, any taxing systems automatically move on to next phase(s) whether taxpayers like of dislike the processes. Taxpayers should act quickly before case moves deeper into multiple year collections or further. From simple cases to complex cases, our Firm will:
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Contact you for tax audit case resolutions
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Review IRS or FTB notices, documents to discuss your situations
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Resolve your case with best suitable options or solutions
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Advise, represent or defend your case
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Your case consultation advisory is customized and professional
What Our Clients Say...
★★★★★ (Anne C.)
"We got a big problem from IRS audit when we moved to Irvine this July. I need a very good accountant to resolve the issue. I checked on line and found Nick. He has good customer reviews and is a expert in IRS audit case. Our case is complicated because it involved previous accountant mistakes, our different responses to IRS in different tax years. I met with Nick and discussed our case. He spent a lot of time to study and accepted our case. I went to his office many times to discuss it. He also represented us to call IRS to communicate and figure out a better way to appeal our case. When the IRS rejected our first appeal, he didn't give up. He discussed with us and called the IRS again. He decided to do the amended appeal. Finally, we won the case after 5 months fighting back! If it were not helped by Nick, we would pay a huge tax and penalty and accumulate bigger problem later. He saved us money from back taxes and his fee was reasonable. Most importantly, he saved us from IRS stressful audit in a big favor!".
★★★★★ (River L.)
"In one word, Nick is amazing! His team and he did a great job for my 2016 Tax Preparations and 2015 IRS Tax Audit. I am very happy my friend recommend him to me. His profession working method gives me great impression. After he accepted my case, he had few meetings with the IRS and he is one of the most trusted and respectful CPAs in this area. I strongly recommend him to my friends."
★★★★★ (Brenda J.)
"We experienced an excellent IRS audit representation with Nick and his team. He is a great audit expert who has helped us in our tough case. Very helpful, knowledgeable CPA who responds quickly to any of our concerns or questions. We are grateful to find him to handle our challenging audit. He resolved our case and gave us many valuable advices we can find nowhere else."
★★★★★ (Simon Y.)
"We were recently audited by IRS and Nick was able to discuss with the IRS and won the argument. He has saved us a lot of money and the headache to deal with the IRS"
★★★★★ (D & T.)
Nick and his staff have been fabulous. They know the laws and fought hard for our 2 IRS Audits. They won both our audits saving us over 100K in what the IRS was erroneously trying to say we owed. They will be doing all of our tax returns every year from now on to be sure we have everything in proper order. Much cheaper than a Tax Attorney! Highly recommend to anyone who is having issues with the IRS or just general tax returns."
★★★★★ (Ronette G.)
"I feel great relief after over 8 months back and forth with the IRS, my case is closed. The case could have been avoided if my previous tax accountant had done the right job. When I received the notice, the amount shocked me. Not know what to do, I called my previous accountant many times but his office was closed. Thanks to a friend of mine, I was referred to Nick. Nick met me and learned about my case. He explained why I had the audit and pointed out the errors. He then represented me to contact the IRS. His good audit experience and proposed solution finally calmed me down. Many things happened during this time and my life was not easy at all with the haunting audit. Nick finally helped me close the case and saved me a great deal. His performance and attitude exceeded my expectations. He is a highly trusted CPA that I recommend!"
★★★★★ (Joe D.)
"Nick has been a wonderful tax accountant to work with. He helped me with a recent IRS situation and refiled the tax return with efficiency and accuracy. He is very professional in handling the case. Nick explained things to me very clearly in every step of the way and provided me peace of mind throughout the process. Definitely recommend him to anyone looking for someone to solve tax problems."
★★★★★ (Aki K.)
"With a recent IRS notice, I needed help and found The CPA Corner from a friend's referral and I am happy that I did find Mr. Pham. Nick is professional, genuine, and honest. He answered all of my questions and concerns about the case, making sure I understood everything for the whole process. I felt very comfortable with his experience, skills and knowledge. A sharp audit defender with detailed works, step by step. He made the process a painless one. His audit fee was so reasonable!"
★★★★★ (Jay A.)
"Nick and his team deserve more than just a 5 star. He is very efficient and thorough. He was able to answer all my questions and I feel confident in his knowledge with my IRS issues. He goes straight to the point and is honest. I would definitely recommend him to anyone who needs a good CPA. Will continue doing business with him."
★★★★★ (Chris S.)
"The CPA Corner and Mr. Pham saved me from a very scary situation. Nick was very accommodating, knowledgeable, but most importantly very honest. He tells you exactly what you need to know and what needs to be done for the best outcome in your situation, whether it is your tax filing services or any audit situations. I am so grateful to have found Nick and will continue to use his services for years to come."
★★★★★ (Min H.)
"Over a year ago, we sold a house and bought a new one. We filed our taxes for the event with a tax professional. Everything went well until we received the IRS notice. We asked our tax preparer to handle our case and she did. A few months after, we were shocked with other IRS letters requesting a huge tax payment. We felt hopeless. When the deadline came closer, we called tax lawyers, CPAs everywhere for helps. We’re lucky to have found Nick by a friend referral. He promptly met us the following day. Nick is extremely knowledgeable CPA with extensive IRS audit skills to deal with complex tax situations. He’s nice and professional that made us feel more confident. His fee was quite reasonable than what we got from others. After 3 months our case was closed with all the tax burden off our shoulders. We couldn’t have any other better service anywhere else. Smart and prompt, Mr. Pham is everything we would want out of the best tax professional."
★★★★★ (Peete W.)
"Thank you Nick, Tina and the whole team to get large tax withholding refunds for our family from selling our properties in the US. It is worth the time to wait we finally get all our money back plus interest from the IRS and California. Thank you very much. You are the best CPA in town!"