Fresh Start
IRM
Case Resolutions
Famous Balance's
Group 34
100
You qualify for this if you are a wage earner, with total household income of $100K or less and your total balance due is less than $50K or if you are self-employed with no employees and your gross receipts are under $500K.
What is Streamlined OIC
100
The only tax a Revenue Officer can propose assessment of which also requires a collectibility statement.
What is the Trust Fund.
100
TP has no assets, is on Social Security Disability and can barely meet monthly living expenses.
What is CNC.
100
The IRS laid the heat down on the "Ice Man." This actor appeared in Top Gun, The Doors, At First Sight and Tombstone before the IRS liened him for failure to pay.
Who is Val Kilmer.
100
Who are three RO's that have dog's?
Who is Sally, Carol and Victoria.
200
I can be issued if the TP is in filing and deposit compliance, is on a DDIA and has made 3 consecutive electronic payments with no defaults, has a balance less than $25K that can be full paid withihn 60 months and requests me in writing.
What is a lien withdrawal
200
What document should be completed on each initial contact if a balance over $25K is owed or if a balance less than $25K is owed and the TP claims they can not make any payments?
What is a CIS.
200
IMF TP owns a vacant rental home free and clear of encumbrances and will not make estimated tax payments. Balance is $70K, value of rental home is $250K.
What is seizure.
200
This star of Baywatch married Motley Crue drummer, Tommy Lee but found herself in deep water when the IRS slapped a lien down. Who knew you couldn't pay taxes with sand dollars?
Who is Pamela Anderson
200
What RO is an avid Nascar fan?
Who is Leslie.
300
If I have a balance between $10K and $25K, I can be an IBTF Express Agreement if I agree to this.
What is a DDIA
300
A determination about me is required within 10 days of initial contact or the date the contact was due. Additionally, a determination is required on me within 30 days of a subsequent balance being received in ICS inventory or on the next case touch whichever is sooner.
What is the Notice of Federal Tax Lien.
300
BMF TP has no disposable monthly income. TP has had two defaulted IA's and has been current only intermittently for the last 7 years. TP owns 14 vehicles and 4 are FACOE. TP claims he needs all 14 to operate his business.
What is vehicle seizure
300
The IRS hunted down and liened this famous bondsman for the 4th time in 2009.
Who is Dog the Bounty Hunter
300
What RO hiked down the Grand Canyon?
Who is Dennis.
400
I can qualify for this if I start with a $20K balalance and pay $5K and I am an IMF taxpayer or I only owe for 1120 tax or I am and OOB BMF taxpayer and I can pay within 60 months.
What is a Streamline Installment Agreement
400
A summons to a bank must be reported as this by using the picklist.
What is a third party contact.
400
Single member LLC owes $110K from 2009 and 2010 balances. A CIS indicates the LLC has no disposable income and no assets with equity. TP has been current on FTD's since 10/2010. The single member owner has a primary residence with little equity, a unencumbered vacant lot valued at $70K and a classic car valued at $22K.
What is Trust Fund
400
He's no Good Fella. This famous mobster eluded many federal agencies but woke the sleeping giant when he said the "government can't collect legal taxes on illegal money." The IRS thought differently and provided him an 11 year federal vacation.
Who is Al Capone
400
Who are four RO's that have daughters?
Who is Ilene, Leslie, Dijana and Victoria.
500
I should not be persued on an IBTF Express DDIA if all liabilities are for the current and prior year and I am not a repeater.
What is the Trust Fund
500
A Yes rating on this attribute requires documenting that returns were received and estimated tax payments or FTD's were or were not received.
What is on going compliance
500
IMF TP files married filing single and owes $720K. A lien was filed before you received the case. The TP lives in an unencumbered residence valued at $900K which he owns jointly with his wife. He has not made estimated taxpayments in 3 years and tells you there is nothing you can do. He dared you to find his money and you haven't been able to.
What is suit to foreclose the federal tax lien
500
It's no Book of Secrets that this actor didn't take accounting at Ridgemont High. He married and divorced Elvis' daughter and failed to pay his taxes too. He said it was his financial managers fault.
Who is Nicolas Cage
500
This employee was born in Massachusetts
Who is Joe.