o.k. How about this link? https://irs.treasury.gov/rpo/rpo.jsf Of course I'd have to ask if they dealt with OICs, delniquencies, short-term washes, etc.I'll also point out that a lot of talented and prominent EAs aren't members of NAEA.
I called an EA and was told that he handles delinquent taxes over five years old. He referred me to a EA that can submit OICs. I then called that EA and he said that although my cousin is in the hospital, he has too many assets to qualify for an OIC, and that he can help us with verifying and correcting (if need be) the past returns which I already submitted a month ago and help us negotiate with the IRS to set up a payment plan, but that the IRS will probably insist on taxing fully short-term gains, and may or may not be able to reduce assessed penalties, and interest.My previous suggestion was to call some tax offices that are open year round and discuss the matter with them.
It sounds like the second EA you spoke to does have some experience with dealing with these sorts of problems.I called an EA and was told that he handles delinquent taxes over five years old. He referred me to a EA that can submit OICs. I then called that EA and he said that although my cousin is in the hospital, he has too many assets to qualify for an OIC, and that he can help us with verifying and correcting (if need be) the past returns which I already submitted a month ago and help us negotiate with the IRS to set up a payment plan, but that the IRS will probably insist on taxing fully short-term gains, and may or may not be able to reduce assessed penalties, and interest.
There is no such thing. There is a first time abatement (which isn't an accurate name for it is) but it doesn't require any reason other than good filing history. The health issue is a real reason, but requires substantiation to back up claims that medical issues prevented him from filing on time.Yes, he also said that my cousin may likely qualify for the once-in-a-lifetime IRS Tax
Penalty Abatement due to his health situation.
"First Time"? does that mean if he filed with the IRS for decades on time then did not for 5 years that would be counted as his "First Time" which would be forgiven?There is no such thing. There is a first time abatement (which isn't an accurate name for it is) but it doesn't require any reason other than good filing history. The health issue is a real reason, but requires substantiation to back up claims that medical issues prevented him from filing on time.
No, it means that this would be the first time he has ever been penalized and asked that it be abated."First Time"? does that mean if he filed with the IRS for decades on time then did not for 5 years that would be counted as his "First Time" which would be forgiven?