Mike Sullivan’s IRS Experience

Mike Sullivan, known for his extensive years of affiliation with the IRS, has solved over 10,000 cases in his lifetime. He worked with the Internal Revenue Service (IRS) for more than 10 years, which, in turn, gave him perfect knowledge of what the system looks like from the inside. This gave him an understanding of the system’s inner workings.

He believes, especially as a teaching instructor to current IRS agents, that the primary aim is to understand what the IRS feels and how they want to present a case. Looking at a bunch of case files to date, Mike Sullivan has an accurate understanding of handling cases taxpayers bring to him today, regardless of type.

As an instructor, he believes it’s not just about knowing the rules, but understanding how the IRS operates. The years of experience he has gathered to date speak volumes when we look at his unique viewpoint. He’s often quoted saying that to resolve a case truly, one must first understand its core from the perspective of the IRS.

Today, he is a man of trust and expertise, guiding taxpayers through challenges and ensuring their peace of mind.

The True Secret Of Successful Offers

There is a secret code word for everything. That means, there is a secret behind all the successful offers you see. That’s what Mike reveals. After working for the IRS for 10+ years in a row, he constantly mentions how he accepted and rejected multiple Offers in Compromise. There is a long-drawn process behind it all.

In fact, Mike taught various IRS agents the “how to” behind accepting Offers. Much to say, it was a secret kept within him for years, hidden from taxpayers and agents alike. Now that he is disclosing them, brace up; you might need it one day.

You just don’t want yourself in the middle of the sea when writing an application for IRS Offer and Compromise. Do you? Mike is here to tell you what secrets really worked out for him in dealing with accepting IRS Offers and compromise applications.

#Secret 1
Accuracy in Financial Documents: Precisely document your financial situation with all information correctly recorded. If you do so, you qualify!

#Secret 2
Understand the IRS Offer Formula: Understanding the IRS formula for offer calculation is crucial. It considers your ability to pay, equity in assets, and future income. This gives an offer a better chance of acceptance.

#Secret 3
Prepare a Solid Cover Letter along with the Application: A precise cover letter documenting real-life happenings makes your offer stand out. Otherwise, your offer letter will stack up in the drawers unanswered.

#Secret 4
Professional Guidance to Negotiate with the IRS: Choosing a certified tax professional can bridge the gap between you and the IRS, communicating on your behalf and ensuring that all communications are precise and in line with IRS requirements.

#Secret 5
Timely Submission and Constant follow-up: Strict adherence to IRS deadlines is non-negotiable. Timely submission and daily follow-up on your application can make it easier.

The Power of a Cover Letter

As an IRS agent, Mike always had a drawer full of cases, all arranged and queued alphabetically. In his words, it is based on the group a person is in. For example, if you’re managing an IRS Penalty Abatement case, you’ll probably have case files piled on your desk. Similarly, if you’re working on Offer in Compromise, you’ll likely have a whole inventory.

After years of working on multiple OIC cases, Mike mentions that he used to skim through the files. One case after another, the only things that came to his view were financial statements, expenses, and everything in between.

Every other day, the same question wrapped around his head was ” How to make an Offer in Compromise to the IRS?” “What should taxpayers do to present their situation to me?”
This is when he decided to help all the taxpayers with a secret about how an IRS agent would view their situation.

The secret lies in the question. How would you make an IRS agent view your situation?

  • By having a word with them.
  • By informing about your circumstances.
  • By communicating with the IRS first-hand.

The only way you can do that is through a cover letter. With a cover letter, you can bring any case to life. You can inform the IRS agent about what’s currently ongoing in your life, your maladies and problems, and everything relevant to the ground.

By doing this, you document every single item in your life so that it becomes real. The only secret to separating you from multiple stockpiles of OIC forms is to communicate with the person currently viewing your case. The IRS Offer Acceptance rate can be low if you omit a cover letter. It might result in your application being rejected, unless your case file is justified.

Mike often mentions, “If you write a cover with your offer, you’re adding color to otherwise black and white information.”

For an IRS agent, rejecting your case is much easier than accepting it simply because it doesn’t seem real. There can be multiple issues with financial data, unless there is backup information, pictures to prove authenticity, etc. Most people who don’t justify their current circumstances will likely be rejected. Don’t end up among them; send a cover letter when you make an offer.

Mistakes to avoid for IRS Agents To Accept Your Offers

If you have been awaiting a response from the IRS agent after applying, then you must have made any of these mistakes for sure:

  • Submit an offer without complete and accurate financial documentation.
  • Lowballied the Offer, making it sound unrealistic.
  • Failed to provide evidence to support your claims( backup documents, such as bank statements or tax returns.)
  • Overlooked making a cover letter.
  • Missed out on application fees and initial payments.
  • Failure to keep up communication with the IRS.
  • Missed deadlines for document submissions and payments.

If you cannot handle it independently, seek professional guidance. A first-hand experience from an IRS agent will increase your chances of having your offer accepted by IRS agents.

Separating Your Offer from the Rest! Know How To Make Your Offer Stand Out

Fulfillment of Tax Dues and Filing Returns

Before submitting your offer, ensure you are current with your tax filings.

Comprehensive Financial Breakdown with proof

Provide a comprehensive breakdown of your current financial situation. Detail your income, expenses, assets, and liabilities in a clear and organized manner.

Clear and Persuasive Statement of Reason

Create a compelling statement outlining the reasons for your financial hardship and the justification for your offer.

Professional Representation to deal with IRS

Engaging a qualified tax professional or an attorney for IRS negotiation enhances the credibility of your application.

IRS Expert Guidance for Your Offer in Compromise

Settling your tax debts can be challenging, especially when aiming for an IRS offer in compromise. This process allows taxpayers to settle their tax debts for less than the full amount they owe. While it might sound like a relief, ensuring your offer is accepted requires careful planning and preparation. Here’s how to handle the situation:

  1. Understand the Basics: Before diving deep, Mike says to familiarize yourself with the Offer in Compromise requirements. This knowledge will help you gauge whether you meet the Offer in Compromise eligibility criteria.
  2. Get Help: Consider seeking IRS tax debt settlement help. Professionals, such as those at IRS Resolution Services, know the nuances of the IRS system and can provide proper guidance.
  3. Assess Your Finances: A critical step is thoroughly assessing your financial situation. This will determine your for IRS offer acceptance eligibility.
  4. Draft a Compelling Cover Letter: Often overlooked, a comprehensive cover letter can significantly improve the chances of your OIC being accepted. It serves as a platform to present your case, explain your circumstances, and convince the IRS of the genuineness of your offer.
  5.  Always Comply with IRS Rules: While waiting for a response on your offer, ensure you remain compliant with all tax obligations. Any discrepancies can hamper your Offer in Compromise eligibility.

Connect With Michael Sullivan

Mike Sullivan, a former IRS agent with a remarkable track record of successfully resolving over 10,000 cases, presents an exceptional opportunity to master complex tax matters in one go.

Whether you are facing tax debt, audits, or seeking guidance on IRS offer acceptance and compromises, Mr. Sullivan’s expertise is the first-hand experience you get directly. This has been his commitment to providing clear, actionable solutions for years. He ensures clients are well informed to qualify for an IRS Offer and Compromise.

Final Thoughts

Several IRS Offer Acceptance and Compromise applications stack up every other day in the desk. Those who appeal the IRS Agent make it to the qualifying round: offer evaluation for approval. Want yours to be one among them? Then, get your hands on the tips and tricks to turn IRS offer acceptance into reality.

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Author

Mr. Michael D. Sullivan

Michael D. Sullivan is the founder of MD Sullivan Tax Group. He had a distinguished career with the Internal Revenue Service for 10 years. As a veteran IRS Revenue Officer / Agent, he served as an Offer in Compromise Tax Specialist and Large Dollar Case Specialist.

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