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Trishokel
Mar 14, 2008, 01:38 PM
My husband and I owe over $100,000 in back taxes and have been working with an unreliable accountant who is now telling us if we don't pay her, the IRS will not accept anything from her regarding our request. Note: We have been paying her all along, but in the lapse of her "personal problems" my husband had his pay garnished three times. ...now she told us to pay her $800 and she will give us credit for $1000. I'm sure this is unethical. ....we are trying to make this payment plan with the IRS and are unsuccessful. We want to buy a home, but since we have a lien...we cannot. We want to get this offer in compromise settled so that hopefully we can buy a home and stop renting. I just heard that the IRS wants $6000 a month from us....my husband brings home $6800 a month. Is there anywhere that we can get better help. We have only $2000 in savings. I am currently not working. Rent is $1000 a month and bills per month are about $800. Someone suggested we form a trust....is that something the IRS can take? Is it better just to file bankruptcy on the taxes we owe? Thank you very much for your help. We do not know where to turn anymore. We are not ignorant, but possibly naive. Thank you again!

AtlantaTaxExpert
May 1, 2008, 11:08 AM
The trust will not help you in your current situation.

You need to dump the accountant and get an enrolled agent working for you. An EA is a cheaper tax specialist licensed by the RS who works on taxes EXCLUSIVELY.

The EA should be able to evaluate your situaion to determine if an offer in compromise is the best solution.