Worden Capital Management LLC's profile

About the Taxpayer Bill of Rights

Headquartered in New York, Worden Capital Management, LLC is a global investment firm. Committed to helping clients in their financial as well as tax matters, Worden Capital Management, LLC publishes tax resources to guide taxpayers in their dealings with the IRS. One of these guides described the rights of US taxpayers.

US taxpayers have several tax-related rights. The first is the right to be informed. Taxpayers have a right to access the information they need to abide by tax laws. The IRS has to provide concise explanations of its laws and procedures on all tax forms, publications, instructions, and notices and has to inform individual taxpayers of decisions made about their tax accounts.

Taxpayers also have the right to enjoy quality service from the IRS. The federal agency should engage with them promptly, professionally, and courteously. If that service is inadequate, taxpayers have the right to speak to a supervisor.

Taxpayers have the right to pay no more in taxes than they are legally obligated to do so. This includes interests and penalties. The IRS has to apply for tax payments properly and if a taxpayer thinks a decision by the agency was not right, he or she can appeal to an independent forum, the Office of Appeals.

Taxpayers have the right to know the time the IRS has to collect a tax debt or audit a tax year. And during the audit, the taxpayer has a right to privacy. That means the IRS should not be any more intrusive than is necessary to collect relevant information.
About the Taxpayer Bill of Rights
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About the Taxpayer Bill of Rights

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