Interest Recovery

IRS interest computations on taxes and refunds or credits regularly cost individual corporations millions of dollars through errors and omissions that are difficult to identify and correct. The Interest Recovery Practice Group concentrates in identifying for corporate clients’ prior tax years instances of IRS overcharging for interest as well as IRS failing to pay sufficient interest on a credit or refund. Where there is a recovery of interest identified, the Group will quantify the amount of the recovery, file a claim for refund with IRS and pursue the claim, including litigation, where appropriate, until the IRS pays or resolves the claim.

With experience in complex corporate tax controversies and IRS interest computations dating back to 1979, Interest Recovery Practice professionals bring to your case a solid understanding of the specialized technologies in the field, fluency in the complex tax transcript data that IRS interest specialists use and an up-to-date knowledge of the rules, practices and procedures that underlie IRS interest computations.

Contact

• Joseph M. Incorvaia