Have a Tax Issue With the IRS? You Could Always Take Them to Court

What would you do if the IRS makes a decision you don’t agree with? For example, let’s say you file a tax return and send it in expecting to receive a refund of $1,500. However, a few weeks later, instead of receiving your refund, you get a letter in the mail informing you that you made a mistake and you will only be receiving $1,100. You’d be upset for sure, but most people probably figure there’s nothing they can do about it.

Actually, that’s not the case. Did you know that if you disagree with the IRS on your return you could ask them to change their decision? That sounds like a futile move, right? Why would they change their mind? There is another option, though. If you really feel that you have been treated unjustly you can take the IRS to the United States tax Court. That doesn’t sound very fun, either, but it is an option.

The good news is that the U.S. Tax Court is not affiliated with the IRS. That means the IRS is in the same boat as you if your case goes to trial. There are several reasons that people decide to challenge the IRS in court, which include:

  • The IRS assess a deficiency
  • An abatement request
  • Request relief from a joint return
  • Disagreements on worker classification
  • Summons enforcement
  • Gross income
  • Accuracy-related penalty

While most people would rather not spend any more time dealing with the IRS than they have to, if you do feel you have been treated unfairly by the tax agency, then you don’t have to just sit back and take it.

Posted in
Top Ways to Cut Taxes in Retirement

Top Ways to Cut Taxes in Retirement

Top Ways to Cut Taxes in Retirement When you think of retirement you tend to think of pleasant things. Perhaps you dream about living out your days on a sunny beach or sailing around the world in your luxurious yacht. Maybe you plan to travel the world or maybe you just want to relax and…

Asking for Help Is Not a Sign of Weak Leadership

Asking for Help Is Not a Sign of Weak Leadership

Can leaders be strong and humble at the same time? Is it possible for a leader to command respect if he or she has to ask for help? For many years, asking for help was considered a sign of weakness. Leaders were expected to know everything and be capable of doing anything. If a leader…

Latest Trends in East and West Coast Family Offices

Latest Trends in East and West Coast Family Offices

Latest Trends in East and West Coast Family Offices Key Takeaways from this Video • Luxury Investments such as cars and gems can be positioned in such a way that family offices are not required to pay sales tax upon purchasing the item. (2:01) • A lot of the wealth creation in for family offices…

Asking for Help Is Not a Sign of Weak Leadership

What to Do About Those Missing W2’s

What to Do About Those Missing W2’s If you still haven’t started your taxes this year, then what are you waiting for? There are numerous reasons to file your taxes early, including: Getting your refund sooner If you owe money, having more time to pay it off before the deadline Preventing scammers from stealing your…