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Form 433-F online Philadelphia Pennsylvania: What You Should Know

We've all heard of the IRS but what about the other agencies — the FTC, the FTC, the FCC? Why should one's tax information be held private? A couple of words from my accountant! I have seen people talk about the IRS collecting information on Americans in various other ways and I do think this can be an ongoing issue.   But, the amount of information collected varies greatly from agency to agency. The FTC has been known to investigate the way the IRS does their tax reporting, and it has done so to the point where they can tell when the IRS has gone overboard when it comes to collection reporting. They were able to take an example from an investigation that the IRS carried out in 2023 and make some fairly strong conclusions about how aggressive the IRS can be when it comes to collecting information from Americans.  Here are a couple of the items they looked at: The FACT That The IRS Can Be Attacked! The FTC was not even able to get one page on file. The FACT That The IRS Has A Massive Adversarial Relationship With The FTC In Which They Can Always Find Ways To Get Out Of A Legal Challenge! This is where it gets interesting. My accountant had this to say: “In that case, they just took one paragraph of material and tried to tell you how much money they were going to collect. So you have to be careful with any collection information — you have to be careful with it. And if they get a legal claim with a collection claim against them by someone who is also trying to collect on a mortgage that they own that they can't afford to pay or whatever that happens, then you can expect them to go to court and try to get the collection. Then the court will rule on it and if they get to a settlement, or something like that, the collection will be less.” So, the next time you receive a 25,000 income tax bills, just take a look for yourself.   And, the next time you receive a monthly Federal Tax Check, just remember that the IRS can always find a way to screw you over.   When you contact the IRS with a collection question, take a look at the amount of time the IRS has actually been in possession of the information it would like to have.  You may be surprised at the number of times the IRS has been able to collect your information but not get it to you.

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