Revisión de transcripciones del IRS | Solución inmediata

We begin by preparing and submitting IRS Form 2848, the power of attorney, and the Declaration of Representative. Once accepted, this authorizes us to access your confidential IRS information and communicate with the agency on your behalf. This act also reduces direct IRS contact with you and centralizes communication through our office.

After authorization, we request complete transcripts for all relevant tax years. These include account transcripts, account transcript records, wage and income transcripts, and return transcripts, where applicable.

Different transcripts offer various viewpoints about your situation.

‍Account Transcript: This document shows tax assessed, penalties added, interest charged, payments applied, credits issued, and current balance. It also includes transaction codes that reflect enforcement activity and account status.

‍Record of Account Transcript: This combines return information and account activity to provide a more complete picture of what was filed and how it was processed.

‍Wage and Income Transcript: This form lists all W-2s, 1099s, and other income reported to the IRS. It helps determine whether the IRS assessed additional tax due to unreported income.

‍Return Transcript: This form reflects the data from the original return filed and allows us to compare what you reported to what the IRS processed.

We analyze these documents together to identify potential discrepancies.

The IRS has authority under Internal Revenue Code Section 6201 to assess tax. According to IRS.gov, assessment is the official recording of a tax liability. Once evaluated, it becomes legally enforceable.

We review the assessment dates and amounts to determine:

• Whether the liability resulted from your filed return
• Whether the IRS filed a Substitute for Return under Section 6020(b)
• Whether an audit or examination created additional tax
• Whether adjustments were made without proper documentation

By tracing the origin of the liability, we determine whether it is accurate or challengeable.

Penalties can significantly increase the total balance.

• Failure to File Penalty: This may reach up to 25 percent of the unpaid tax.
• Failure to Pay Penalty: This can be as high as 25% and is calculated monthly.
• Accuracy-Related Penalty: This fee is often assessed at 20 percent of the understated tax.

Interest accrues daily under Internal Revenue Code Section 6601. We verify whether penalties were calculated correctly and whether you qualify for relief such as first-time penalty abatement or reasonable cause abatement.

Misapplied payments are more common than most people realize. Estimated costs, withholding credits, or refunds may be posted to the wrong tax year. We confirm that every dollar you paid was applied properly and demand corrections where necessary.

Under Internal Revenue Code Section 6502, the IRS generally has ten years from the assessment date to collect. We calculate your Collection Statute Expiration Date and determine whether it was suspended due to actions such as bankruptcy, installment agreements, or Collection Due Process hearings.

Understanding this date is critical before entering new agreements that could extend the collection period.

Transcripts contain codes that reveal whether:

• A Notice of Federal Tax Lien was filed.
• A Final Notice of Intent to Levy was issued.
• A levy has been processed.

These indicators guide our urgency and strategy.

After completing this review, we will explain your situation in plain English and outline a practical plan for the future.