Tax Collection Problems
Experience Counts
Jeffrey S. Gartzman is an accomplished Atlanta tax attorney and CPA who has been practicing tax law in Atlanta for nearly 30 years. He will help you resolve IRS and state tax problems, find tax relief and settle tax debt.
Jeffrey S. Gartzman has a Master of Laws (LL.M.) in Tax from Emory University School of Law. Jeffrey S. Gartzman is a former IRS Taxpayer Education Program instructor. He is also an accredited Personal Financial Specialist with the American Institute of CPAs. Mr. Gartzman is a member of the Atlanta Bar Association, State Bar of Georgia, Georgia Society of Certified Public Accountants, American Institute of Certified Public Accountants, and other professional associations.
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Expert tax relief advice from the blog of Jeffrey S. Gartzman:
Tax Collection Problems: While the IRS Attempts to Close the Tax Gap, Be Sure You Maintain Your Rights
The Internal Revenue Service regularly calculates the total amount of money it expects to collect in taxes in a given year, known as the aggregate tax liability—the difference between this number and the amount of money the IRS actually collects is known as the “tax gap.” In 2001, the tax gap was $345 billion, and five years later, that figure increased to $450 billion. According to the Tax Policy Center, an overwhelming majority of that amount is not from late filings or back taxes, but from underreporting of taxes filed on time.
In many of these cases, the IRS will act in an attempt to retrieve as much of this money as it possibly can, primarily by way of a levy or seizure of assets. When the IRS believes that you have underreported your income on your tax return, it will usually send you a letter asking you to explain how you think the difference can be reconciled without having to experience a seizure or levy, and they will likely request a response in a very short period of time. Before you respond, know that you do have rights, and also know that you can benefit enormously by enlisting professional support. Atlanta tax attorney and CPA Jeffrey S. Gartzman has decades of experience representing individuals facing potentially debilitating collections efforts by the IRS and helped them to achieve a fair and equitable settlement.
While the United States still continues to linger in a recession, the government has revamped its efforts to close the enormous and growing tax gap, so those who have underreported or failed to file could be exposed to a greater level of scrutiny by the IRS. Nevertheless, as a taxpayer you do have rights. Do not allow yourself to be a victim of an overzealous tax auditor.