Lynn Parent, EA
Parent Tax Consulting
Topic: “What to Do When You Get a Letter From the IRS”
Territory: Metro Austin – north to Waco, south to San Marcos, west to Burnet county and east to Taylor
Whether you do your own taxes or have somebody do them for you, all you want is for the IRS to take your money or give you a refund and then leave you alone. But should the IRS come after you, the best thing you can do is have someone like Lynn Parent by your side.
Lynn is an Enrolled Agent, a federally licensed tax practitioner authorized by the U.S. Department of the Treasury with unlimited rights to represent taxpayers before the IRS for audits, collections and appeals.
Like other EAs, Lynn advises and represents individuals, partnerships, corporations, estates, trusts and any entities with tax-reporting requirements, but unlike many other EAs, she does not prepare tax returns.
Instead, Lynn helps people settle their tax problems with offers in compromise or installment agreements, or by dealing with collection personnel, correcting errors in accounts, requesting abatements of penalties and stopping collection actions.
Before opening her Austin-based practice, Parent Tax Consulting, in 2011, Lynn spent nearly 30 years on the other side of the desk in collections with the Internal Revenue Service, rising through the ranks to achieve its highest level of Grade 13 Revenue Officer.
Lynn was one of two Grade 13 Revenue Officers operating out of Houston who covered cases in Houston, Austin, San Antonio, El Paso and McAllen. At any given time, she was handling between 35 and 50 of the most challenging and complicated tax collection cases simultaneously in the southern two-thirds of Texas.
Carrying a briefcase, not a gun, Lynn met directly with taxpayers in order to collect on delinquent accounts. She had the authority to seize assets and funds to satisfy delinquencies, and place liens and holds on assets to ensure that people with delinquencies could not sell their property or other assets before the government had a chance to collect its share.
Lynn, on behalf of the members of the Austin Executives Association, thank you for generously giving of your time to present to our group. Your presentation on IRS audits was informational. How fortunate for us to have had you provide a personal and in-depth perspective on what to do when a letter from the IRS is received. We wish you well as you continue to provide a well-needed service to our community. – Patti Riggs, Austin Executives Association, Vice President – Programs