Murphy Tax Associates LLC

In Fiscal Year (FY) 2018, the IRS collected more than $55.5 billion in unpaid assessments on returns filed with additional tax due and assessed nearly $29.3 billion in civil penalties. Almost $12.0 billion was assessed in civil penalties on individual and estate and trust income tax returns.

Taxpayers that have been assessed with IRS penalties can request the penalties to be abated. This means that they may be completely or partially removed. In many cases where a taxpayer requests abatement, the IRS removes 100% of the penalty.

The IRS requires that you have a good reason to request a penalty abatement. What this is depends on the particular circumstances of your situation.

Offer in Compromise

Tax Debt Relief Services

The IRS Offer in Compromise program provides taxpayers that owe the IRS more than they can pay, a chance to pay a small amount as a full and final settlement. This program also offers taxpayers that don't agree that they actually owe the taxes an opportunity to file an Offer in Compromise and have those tax liabilities reconsidered.

With the Offer in Compromise program all back tax liabilities are settled with the amount of the offer. Federal tax liens are released upon IRS acceptance of an Offer in Compromise and payment of the amount offered. The offer filed with the IRS is based on the taxpayer's inability to pay the full amount due and takes into consideration the taxpayer's current financial position and ability to pay.

The Offer in Compromise process is a lengthy process including initial filing fees and document preparation and submission. The IRS accepts about half of all offers filed. If you qualify for this program, you can save thousands of dollars in taxes, penalties and interest.

Audit Reconsideration



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Taxpayers may find themselves in trouble with the IRS because of their joint return with their spouses or former spouse.

In some cases, a spouse (or former spouse) will be relieved of the tax, interest, and penalties on a joint tax return.

The IRS will accept some types of payment arrangement for past due taxes. In order to qualify for a payment plan, here are some things to consider:

  • You must have filed all prior tax returns.
  • You will have to disclose all assets to the IRS.
  • If you have adequate cash, funds available or the ability to borrow the amount owed to the IRS from other sources, they may expect payment in full.

Assuming that a payment plan is right for you, we can help with the negotiation with the IRS in order to complete the process.

These monthly payments will continue until your outstanding tax liabilities are paid in full, however, penalties and interest will continue to be imposed while you are making these payments.

Penalty Abatement

Installment Agreement/Payment Plan

Innocent / Injured Spouse

An Audit Reconsideration is a process used by the IRS when you disagree with the results of an IRS audit of your tax return, or a return created for you by the IRS.

You may request audit reconsideration if you:

  • Did not appear for your audit
  • Moved and did not receive correspondence from the IRS
  • Have additional information to present that you did not provide during your original audit
  • Disagree with the assessment from the audit