Comments for JK Harris Tax Resolution Blog

Comment on JK Harris warns of trouble of failing to pay payroll taxes by johnharris

johnharris — Thu, 24 Feb 2011 14:28:54 +0000

Hi Ian, I really enjoyed the Boston Rotary meeting and the Q&A question was great! Thanks so much for taking the time to visit the blog and comment. You can follow information about the jobs creation tour on the Flashpoints blog here. Thanks, John Harris

Comment on JK Harris presents… News from the Net by johnharris

johnharris — Wed, 23 Feb 2011 22:05:18 +0000

Hi Erika,

Thanks for reading our tax resolution blog and for pointing out that the form has changed. In revisiting this subject, Publication 783 and 784 are current and correct for the discharge and subordination on a tax lien. Publication 4235 is correct for contact addresses and phone numbers by state and is referenced in Form 12277. You are correct, Form 12277 is the correct form for the withdrawal of the lien for the purposes Bryan wrote about in the article. Publication 1450 is still current and correct for the release of the lien if satisfied by the statutory collection period, payment or bond.

We apologize for this error and will be correcting the original blog entry.

JK Harris

Comment on JK Harris warns of trouble of failing to pay payroll taxes by ian stevenson

ian stevenson — Wed, 23 Feb 2011 21:24:39 +0000

Dear John:

Just a quick note to congratulate you on a fine talk…and more important perhaps …a fine question and answer session thereafter at the Boston Rotary Club today.

Very thought provoking!….good stuff..well done…..Best….Ian Stevenson BA MA CA CPA CFO, Senior Legacy Officer etc!
Albert Schweitzer Fellowship Boston Mass and Board Member Boston Rotary Club.

Comment on JK Harris presents… News from the Net by Erika Schleifman

Erika Schleifman — Tue, 22 Feb 2011 21:51:50 +0000

Brian Miller wrote a blog last month regarding requesting that a tax lien be released for those people who could lose their jobs or otherwise be damaged seriously by the visibility of the tax lien.

I have found out the following — the tax lien request is not to RELEASE the lien, but to WITHDRAW it. Also, the forms that Brian references are out of date…the proper form for this request is Form 12277 which can be found on the irs website.

thanks.

Comment on CNN lists 6 new small business tax breaks by Tweets that mention CNN lists 6 new small business tax breaks « JK Harris Tax Resolution Blog -- Topsy.com

Thu, 17 Feb 2011 23:49:46 +0000

[...] This post was mentioned on Twitter by CorpNet.com, John Harris. John Harris said: 6 tax breaks for small biz: http://ping.fm/ZGt0N [...]

Comment on Form 433A, Collection Information Statement for Wage Earners and Self Employed Individuals by Part II: I have received a collection notice from the IRS: Is it a federal tax lien or tax levy? What is the difference? « JK Harris Tax Resolution Blog

Thu, 20 Jan 2011 23:58:36 +0000

[...] paid (hardship cases), or determine that the debt can be paid but not in full. The IRS will require Collections Information Statement Form 433-A (for individuals and self-employed individuals), Form 433-B (For businesses), or Form 433-F (short [...]

Comment on 8 ways to resolve your back tax issues by Honest Dialogue « JK Harris Tax Resolution Blog

Honest Dialogue « JK Harris Tax Resolution Blog — Mon, 17 Jan 2011 16:18:47 +0000

[...] I looked up at this old, fearful man and told him that he had nothing to worry about. You see, the statute had run out on his tax liability and the IRS could no longer collect from him. He looked shocked when I informed him of this and he [...]

Comment on 8 Things to know if you get an IRS Notice. by Honest Dialogue « JK Harris Tax Resolution Blog

Honest Dialogue « JK Harris Tax Resolution Blog — Wed, 05 Jan 2011 16:52:45 +0000

[...] don’t believe that the IRS can and will enforce collections against them if they ignore the collection letters that keep coming in the [...]

Comment on You Know the IRS Means Business When … by Honest Dialogue « JK Harris Tax Resolution Blog

Honest Dialogue « JK Harris Tax Resolution Blog — Wed, 05 Jan 2011 16:52:43 +0000

[...] clients just don’t believe that the IRS can and will enforce collections against them if they ignore the collection letters that keep coming in the [...]

Comment on Q&A by johnharris

johnharris — Tue, 19 Oct 2010 17:43:23 +0000

James,

Thanks for your question. The first thing I would recommend is for you to seek the advice of a professional tax advisor to review your original 1040, your payments to the IRS and the IRS notice of the error on the return. It is possible they made a mistake or that your missed tax benefits (credits or deductions) available to you on the tax return.

If in the end, you do indeed owe the $44,000, you can set up an installment agreement with the IRS to repay your back tax debt. The amount of the monthly payment will be based on your current financials and your ability to pay. This type of installment agreement is not hard to get, but you will have to submit many financial documents to the IRS to show what your ability or inability to pay the IRS may be. Without all of your financial documents it is impossible to say with any degree of certainty.

Best, JK Harris