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Should i sign irs 870 Form: What You Should Know

Contain language that was legally binding.  See: The IRS admits it has been collecting on over 50,000 tax debts that were never authorized, and has done so even when the person in question was living in another country. Internal Revenue Code of 1986 (IRC Sections 61.941-1(b)(2)(i)-(iii) and IRC 61.956-4(b)(2)(i), (ii)-(iv)) A. Informed consent — a consent must be informed and voluntary. A person has not consented to an over assessment if the person did not know at the time of the assessment that the over assessment would occur;  Reasonable notice can be given, but reasonable notice must also be given in order for the over assessment to occur or if the over assessment results in an overpayment, to the extent of the over assessment —  Reasonable notice includes, but is not limited to, mailing or delivering the notice and information, at least 14 days before the assessment, to the person at the address shown on the request; Reasonable notice must be given because the underpayment may have consequences such as a default on debt, interest and penalty, collection charges, etc. —  b) Waiver of penalties — the provisions of IRC Section 61.941-1(b)(2)(ii) and IRC 61.945-1(a) do not apply to cases in which the income tax was not erroneously issued and the assessed amount was an error due to error or a genuine clerical, transcription, or typographical error in determining tax liability. —  When applying IRC Section 61.941-1(b)(2)(ii), consider whether the tax is due from the person, as well as those others (such as relatives of the person, and/or a state or local Government agency) that are liable for this amount. —  A person cannot agree to waive any penalties if the person did not know, and it was not reasonably clear to the person, that an over assessment would occur or that the over assessment resulted in a debt. —  A person may not waive penalties under IRC Section 61.941-1(b)(2)(iii) or IRC 61.945-1(a) to avoid penalties owed.

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