How Good People Solve Bad IRS Problems - Nick Nemeth - Manual / Resource - Page 25
End Your IRS Problems
For example, let’s say your IRS transcripts shows that
you never filed your 2001 and 2002 tax returns. You
know that you did file and paid both years in full. Your
solution may be nothing more than writing the IRS a
letter explaining your side of the story.
However, if you did NOT file your 2001 and 2002 tax
returns and the IRS filed them for you, your IRS record
will be noted with “SFR,” which means Substitute for
Whenever the IRS files a tax return for you, rest
assured they do it because they feel you owe them
money. The problem with this situation is that the IRS
often uses an incorrect filing status, and/or they fail to
include deductions or exemptions when they prepare
your tax returns for you. How nice!
So You Do Owe the IRS Some Money
Owing money to the IRS is not the end of the world.
Millions of taxpayers, just like you, have walked
away from millions of dollars in taxes, penalties, and
interest - and in every case, they did so legally and
When you owe the IRS money, there are many possible
ways to resolve your problem. But, the reality is ... any
solution will include at least one of the following six
Pay the IRS the total amount owed.
2. Reduce the total amount you owe.
3. Discharge some of your tax obligations in
4. Negotiate a repayment schedule.
5. Have your taxes deemed uncollectible.
6. Keep doing nothing and let the IRS have their
way with you, your income, your family, and your