Dear Mentors Club Member,
A "KINDER, GENTLER" IRS?
OR A "DESPERATE" IRS?
EITHER WAY, IT'S GOOD NEWS
More than 11 million Americans are out of work, and
the IRS is afraid they may have a really hard time
collecting taxes this year.
So they've softened some of the rules, such as:
● IRS agents now have greater authority to hold off on
collections in cases where taxpayers simply can't pay.
● Those paying off-back taxes under approved
Installment Agreements can skip a payment or get their
monthly payment amount reduced without automatically
voiding their existing installment agreement.
● The IRS has set up a special unit to handle cases
where the loss in a home's resale value has kept them
from reaching an "offer in compromise" with taxpayers
who can't pay their back taxes and are seeking terms
to settle the tax debt for less than what's owed.
● For taxpayers whose wages or bank accounts are
garnished for delinquent back taxes, the IRS is speeding up "levy releases."
In a statement released by the IRS, Commissioner
Doug Shulman said, "I've instructed all personnel to be
sensitive to taxpayers, especially those who have
previously been compliant. If they call us or write to us,
our people have been instructed to work with taxpayers
through these tough economic times."
What should YOU do if you can't pay your taxes?
The IRS has just posted a "WHAT IF" page on their
web site to show you what options are available
under various circumstances:
www.irs.gov/newsroom/article/0,,id=201853,00.html?portlet=6
BULLET-PROOF YOUR DEDUCTIONS BY 'RECONSTRUCTING' RECORDS YOU LOST OR DIDN'T KEEP IN 2008
The law says, "without proper documentation, you
lose your tax deductions," but the IRS says that it is
okay to reconstruct missing records.
Learn the easy, IRS-approved methods of rebuilding
missing records, so that you can back-up every single
deduction you qualified for in 2008. Having proper
records is the key to sleeping well after your tax returns
are in the mail.
BRAND NEW: Get your 60-minute Audio Briefing with
accompanying outline for note-taking, on the homepage
of www.TaxSavingsGuide.com
A "KINDER, GENTLER" IRS?
OR A "DESPERATE" IRS?
EITHER WAY, IT'S GOOD NEWS
More than 11 million Americans are out of work, and
the IRS is afraid they may have a really hard time
collecting taxes this year.
So they've softened some of the rules, such as:
● IRS agents now have greater authority to hold off on
collections in cases where taxpayers simply can't pay.
● Those paying off-back taxes under approved
Installment Agreements can skip a payment or get their
monthly payment amount reduced without automatically
voiding their existing installment agreement.
● The IRS has set up a special unit to handle cases
where the loss in a home's resale value has kept them
from reaching an "offer in compromise" with taxpayers
who can't pay their back taxes and are seeking terms
to settle the tax debt for less than what's owed.
● For taxpayers whose wages or bank accounts are
garnished for delinquent back taxes, the IRS is speeding up "levy releases."
In a statement released by the IRS, Commissioner
Doug Shulman said, "I've instructed all personnel to be
sensitive to taxpayers, especially those who have
previously been compliant. If they call us or write to us,
our people have been instructed to work with taxpayers
through these tough economic times."
What should YOU do if you can't pay your taxes?
The IRS has just posted a "WHAT IF" page on their
web site to show you what options are available
under various circumstances:
www.irs.gov/newsroom/article/0,,id=201853,00.html?portlet=6
BULLET-PROOF YOUR DEDUCTIONS BY 'RECONSTRUCTING' RECORDS YOU LOST OR DIDN'T KEEP IN 2008
The law says, "without proper documentation, you
lose your tax deductions," but the IRS says that it is
okay to reconstruct missing records.
Learn the easy, IRS-approved methods of rebuilding
missing records, so that you can back-up every single
deduction you qualified for in 2008. Having proper
records is the key to sleeping well after your tax returns
are in the mail.
BRAND NEW: Get your 60-minute Audio Briefing with
accompanying outline for note-taking, on the homepage
of www.TaxSavingsGuide.com
If you have less than stellar records, this information
could increase your 2008 Tax Refund by THOUSANDS!
Those, my friends, are "Tax Tips You Can Bank On!"
Helping THOUSANDS to SAVE a BUNDLE!!!
Ronald R. (Ron ) Mueller, MBA, Ph.D.
Author, Speaker & Business Success Coach
www.TaxSavingsGuide.com
could increase your 2008 Tax Refund by THOUSANDS!
Those, my friends, are "Tax Tips You Can Bank On!"
Helping THOUSANDS to SAVE a BUNDLE!!!
Ronald R. (Ron ) Mueller, MBA, Ph.D.
Author, Speaker & Business Success Coach
www.TaxSavingsGuide.com
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