Tax Attorney Roni Deutch Sends Open Letter Seeking to Simplify Installment Agreement Process
North Highlands, CA (PRWEB) May 22, 2007 -- Nationally recognized tax attorney Roni Deutch has written and released an open letter seeking to simplify the Installment Agreement process for both taxpayers and the Internal Revenue Service.
In an open letter to Henry M. Paulson, Jr, Secretary of the Treasury, tax attorney Roni Deutch is seeking a simple revision to the Internal Revenue Service's Installment Agreement plan, which she claims would make it easier for both the IRS and taxpayers intending to pay their taxes in full. Currently, the IRS will accept an Installment Agreement for a monthly amount that will pay-off all IRS back taxes within five years without having to provide a full financial disclosure for taxpayers who's back tax liability is less than $25,000.00 provided that all required returns have been filed. In her letter, Ms. Deutch proposes that the $25,000.00 limit for Installment Agreements be lifted to $75,000.00, thus making it easier for thousands of people to fully pay their back taxes through more manageable monthly payments.
An Installment Agreement is a repayment agreement a taxpayer can make with the IRS to pay back taxes through more affordable monthly payments. Under current laws, if a taxpayer owes more then $25,000.00 to the IRS he or she must submit a complete financial disclosure including answers to personal questions regarding household income, expenses, and assets. This includes information regarding a taxpayer's employer(s), bank accounts, investment accounts, credit cards, mortgages, and vehicle loans, among others. The taxpayer may also have to divulge highly personal information such as child support obligations and medical conditions and expenses. The complete financial disclosure also requires the taxpayer to collect months of financial documentation to support his or her claims. "As you can imagine, inexperienced or uneducated taxpayers performing this task without the assistance of a tax professional will undoubtedly feel overwhelmed and stressed," notes Ms. Deutch.
Ms. Deutch and her law firm, Roni Lynn Deutch, A Professional Tax Corporation, have been helping taxpayers with IRS debt across the country for over sixteen years and has helped thousands of taxpayers resolve their tax liabilities. In April 2007, Roni Deutch and her law firm represented a group of Installment Agreement clients who owed in aggregate over $2.5 million to the IRS. By negotiating with the IRS, they were able to get these clients on installment plans averaging $434 per month.
"Making the change would make it easier for thousands of American families to fully pay their IRS debts," notes Roni Deutch. "It's easy to get a little behind on your taxes one year and find yourself owing thousands to the IRS. Making this change would make it easier for thousands of families across the country who just need a little extra time to pay their back taxes."
Ms. Deutch also forwarded her concerns to the Congressional Leadership and relevant Committee Chairs for both houses of Congress. "I think it is important to inform Congress about an unnecessary burden being levied on both American taxpayers and the IRS. Changing the law could be a win-win situation for Congress. First, it would dramatically improve the efficiency of one of their notoriously slow organizations. Second, it would provide American taxpayers the flexibility they deserve in order to pay off their IRS back taxes."
About Roni Lynn Deutch, A Professional Tax Corporation
Roni Lynn Deutch, A Professional Tax Corporation is a nationally recognized law firm that has been helping clients find solutions to their back tax liabilities for over sixteen years. To find out more about the firm or its services, visit their website at RoniDeutch.com or call 1-888-TAX-LADY. To learn more about tax attorney Roni Deutch you can visit Roni's Blog, BlueDot Account or official YouTube Channel.
Contact:
Mathew Guiver, Search Engine Marketing Analyst
Roni Lynn Deutch, A Professional Tax Corporation
877-232-8477 Ext. 1914
http://www.ronideutch.com
# # #
This press release has been reprinted from PRWEB per the terms and conditions of the copyright notice.
|
|
 |
 |
Personal Injury Newswire Highlights Lawsuits and Lawyers Making Headlines
Anyone considering a personal injury lawsuit will find recent examples of news about legal cases and lawyers on Personal Injury Newswire, an independent source for information. In the past week, Personal Injury Newswire has written about many interesting personal injury cases as well as offered tips on how to select an attorney provided by noted New York personal injury lawyer, Robert Aronov.
Personal Injury Lawyer - Helping You Get Compensation For Unnecessary Injuries
Everyday, many people get injured from accidents or negligence, such as when the neighbor's untrained dog bites a toddler in the park. Or when someone you love suffers from scars or trauma from a physician's sheer negligence. You may feel helpless to deal with the situation and with the person who caused the injury. However, there is definitely a way to bring these people to justice.
Personal Injury Lawyers - How to Find a Suitable Attorney
Filing personal injury compensation claim is a hefty process In fact, all legal processes require in depth knowledge about related laws
Finding a Personal Injury Lawyer for your Personal Injury Claims
" When you sustained personal injuries because of somebody else?s negligence, you should immediately seek the legal services of a personal injury lawyer. It will not matter whether you initially intend to file a case or not against the culprit, but what is important is that by getting the rightful personal injury lawyer, you will able to greatly protect your rights and preserve the evidence through the help of the personal injury lawyer.
San Francisco Lawyer, Personal Injury Attorney Mary Alexander Interviewed By KTVU Channel 2 News
In the wake of a fatal crane collapse on Manhattan's Upper East Side, Mary Alexander was interviewed as an expert on construction accident law by San Francisco's KTVU Channel 2 News.
|
 |
|