if i'm given IRS Power of Attorney (form 2848) for someone am i liable for their debts?
Tuesday, September 22nd, 2009 at
7:45 am
if a indvidual gives me POA with the IRS using form 2848 and i make installment arrangement on their behalf am i liable for the payments? the individual does have some money to make the payments. you can assume i am not intentioanlly misleadin cheating, etc… the irs. we are not trying to dispute the amount, just trying to help an individual settle his back tax amounts for a couple years.
is there anything i should be concerned with?
thanks.
the TP was a self contractor so either did not pay enough quarterly or none at all, but did files tax forms.
Usually POA are for being able to call IRS and inquiry about filing tax returns, read the instructions on the POA, you will not be liable to pay the amount only file taxes or it also gives you permission for IRS to discuss the account for whatever year listed on the poa.
Is the amount owed because TP filed the tax return and ended up owing? Or is it because IRS sent ASFR (automated for substitute return) If it is for ASFR the TP still can filed his/her own return
To request installment agreement download form 9465 from the IRS website http://www.irs.gov you can request direct debit installment agreement and then you don’t have to worry about making the payments or remembering to mail the payment. IRS charges $52 user fee for DD or $105 if you mail the payment.