Tax planner pro review professional#
Tax planner pro review series#

Their bank account, for Michael's seriously delinquent back taxes totaling $3,784! The IRS was also demanding In their early 20s, it was a frightening matter to have the IRS threaten to levy Similarly, Michael and Megan, just married eleven months prior to finding Phil, were in deep tax trouble and were вЂњThank you SO much Phil, you are the best ever!вЂќДЄnother Case of Tax Relief Better than an Offer in Compromise! Now, recovered from his accident, Troy and his son are engaging in a joint business venture, together! More importantly, though the anticipated total tax due was over $34,000, Phil resolved the amount due the IRS and USTC to be just over $6,500, for a savings of about $27,500! And Phil did that without going through the time-consuming and fee-intensive Offer in Compromise process! That did not stop Phil, and Troy was stunned that Phil would visit him at that rehabilitation center!

Having heard about Offers in Compromise, Troy was surprised to hear Phil advise against it, as there was another, less-fee-intensive, strategy.Дuring the early stages of the tax resolution process, as life would have it, Troy was involved in a recreational accident that left him in a Sandy, Utah rehabilitation center, for several weeks. Learning that Phil had been Dave RamseyвЂ™s Endorsed Local Provider, since 2008, Troy scheduled a meeting, right away! Phil secured the Power of Attorney, and, in short order, Phil retrieved, analyzed and summarized the tax transcripts that would enable him to prepare the delinquent tax returns. While dreaming about his life ambitions, Troy had received annoying IRS letters, and he knew that he had to find a way to get the Internal Revenue Service (IRS) and Utah State Tax Commission (USTC) out of the picture, so, not knowing to whom to turn, he requested a referral from a trusted sourceвЂ¦ #3 nationally-syndicated financial talk-show host, Dave Ramsey.

Troy went through a tough divorce (arenвЂ™t they all tough?), and he got way behind, with years of unfiled Individual Income Tax Returns.

Work with a cybersecurity expert to help prevent and stop thefts.Tax Resolution Better Than Offer in Compromise!.

Assist the IRS in protecting clients' accounts.

Contact the local IRS Stakeholder Liaison immediately.

Clients receive tax transcripts they did not request.Д¬reate a data theft recovery plan including.

More tax returns are filed with a tax pro's Electronic Filing Identification Number than the preparer actually submitted.

Clients receive IRS letters about tax returns someone else filed using their name.

These include employee management and training, information systems, and detection and management of system failures.

Tax professionals should focus on risk areas.

The security plan requirement is flexible enough to fit any size of tax preparation firm.

Tax planner pro review professional#

Federal law requires all professional tax preparers to create and maintain an information security plan for client data.

Create and secure virtual private networks.

Here's a rundown of the Taxes-Security-Together checklist: Follow these steps, known as the 'Security Six' measures

Tax planner pro review series#

This tax tip is the first in a series highlighting the items in this checklist. It also gives steps tax preparers can follow if they do experience a data breachДЇollowing this checklist is a great starting point for tax professionals who want to protect their offices, computers and data. The checklist includes things tax pros can do now to prevent and recognize data theft. To help combat this, the IRS and its Security Summit partners created a new Taxes-Security-Together Checklist. They continue to put tax professionals and their clients at risk. Despite major progress against identity and data theft, these threats still happen.