I just got a letter from the IRS saying they have no record of me filing in 2003. I have copies of my (unsigned) electronically filed forms.
An agent told me on the phone to sign them and date them for today; however, that made no sense, so I just signed them, referring to the date stamp at the bottom of the form, and will mail them certified in the morning. He told me it will take between six to eight weeks to process my 2003 return, before they release my 2008.
My two questions are:
1) Can they penalize me for filing late (in their eyes)?
2) What constitutes "financial hardship" according to the Tax Advocate service - so that they might release my 2008 return?
By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.