Showing posts with label ​File all of your tax returns. Show all posts
Showing posts with label ​File all of your tax returns. Show all posts

Tuesday, September 22, 2020

Back taxes are one of the most potentially crippling forms of debt

Don’t let unpaid tax debt lead to property liens, drained bank accounts and wage garnishment. Call (855) 203-5032 right now for tax settlement consultation

Back taxes are one of the most potentially crippling forms of debt, so it’s critical to find solutions quickly. The IRS can garnish wages, places liens and even use levies to take money directly out of your bank accounts. Whats more, penalties and interest add up quickly, turning even a minor issue into a major problem. Call (855) 203-5032 right now for tax settlement consultation.

There is not just one right solution that provides tax relief. This means that you either need to know which option is the best for your situation or you need professional tax debt help. In most cases, it’s best to go with professional help so you can find relief quickly and minimize costs. Call (855) 203-5032 right now for tax settlement consultation

1. First, you find a licensed tax attorney you can trust.
2. They will review your tax returns, as well as your budget and overall financial situation.
3. Then they can help you select the best tax debt relief option for your needs.
In many cases, the initial consultation is complimentary, so you can at least get free tax debt relief advice. Then you can decide what you want to do from there.

Call (855) 203-5032 right now for tax settlement consultation

Tuesday, September 15, 2020

IRS tax debt relief

How can I avoid IRS tax debt relief scams?

A: Although most tax relief companies are legitimate, there are scams that prey on people’s desire to find a quick solution. There are two main types of scams:

  1. Tax settlement companies that charge upfront high fees but don’t provide results.
  2. Companies that charge fees by telling you to do something illegal, then they take your money and run.

The second one is the most damaging to you, because they advise you to do something that breaks the law. For instance, they tell you to use a new Social Security number or Employer Identification Number. Basically, the advice is to try to hide from the IRS and start fresh with a new identity. This is a felony offense, so don’t do it!

The first scam for settlement is, by far, the most common. Companies claim that they can settle your tax debt for “pennies on the dollar” and that they “guarantee they can reduce your debt.” Again, they charge high fees to give you a quick settlement, but they don’t deliver. They also don’t give you your money back, even though they said they guaranteed the service.

To be clear, tax settlement is possible, but it’s not as common as these companies make it sound. You must fully disclose your financial situation to the IRS. After a thorough review, they may grant an Offer In Compromise ONLY if they see there is no reasonable expectation that you can repay everything you owe.

To avoid scams, just follow the three tips we provide above to review any company before you sign up. As long as you do your homework, you can avoid getting scammed..

Do you owe tax debt? IRS will Bank Levies - Wage Garnishments

There a good chance that you are reading this article because a taxing agency has either levied your bank account, garnished your wages.

Tax Levies and garnishments while effective, are not done with the intent to collect unpaid taxes in full. Rather, these methods are used as effective calls to action. A bank levy is accomplished by freezing the available funds in one’s bank account or accounts. After a waiting period (21 days for the IRS), the funds will be remitted to the taxing agency unless the taxpayer can (1) prove they do not owe the money, (2) prove they qualify for hardship status or (3) in some instances enter into an alternative agreement to pay. Keep in mind that upon levy, the money is tied up and is for all intents and purposes in the taxing agency’s “court”. We say, “whoever has the money…wins”. Simply asking for the money back rarely works. A bank levy is a one-time occurrence but new levies can recur indefinitely.

Settle back tax debt issues.

IRS tax debt issues are more common than you may think and it is our mission to help you get out from under the burden and devastation that delinquent IRS tax debt problems can cause you if left unresolved. 

Your financial future is far too important to be left to chance or to gamble with how the IRS will decide to handle your tax debt relief without your proactive involvement. That's where we help with your tax debt. You, an inexperienced novice, do not want to take on the IRS especially when the stakes are this high. Our trusted, experienced and top rated tax debt law firms know how to represent your interests and negotiate an IRS tax debt solution for you that works. 

Our top rated tax resolution firms can help you avoid or stop IRS wage garnishment, IRS bank levies and IRS property seizure. A good IRS tax attorney can even help you with reducing your IRS tax debt interest and penalties. Anxiety and worry are lousy crises management tools. Anyone can find themselves with an IRS tax debt problem but the smart person gets the facts from the top tax debt resolution lawyers, learns his options and takes action to solve the problem. That's where we come in. 

Tax Debt Attorneys

Tax Relief

Tax Debt Attorneys

Tax Debt Relief

Looking for tax debt attorneys, then you should try looking in the Internet. This is probably the best resource you can use as it gives you access to the largest collection of information available today.

Be careful, however, as the Internet can become quite a maze if you do not know where to look. What you need is a guide or at least something to point you in the general direction where you should go. Here are some places in the Internet you can check out. 

1) On-line encyclopedias– These sites are visited a lot on the Internet because of the various types of information that can be gotten from them. These on-line encyclopedias are often used by people in search of comprehensive information regarding a certain topic or subject. If you are looking for information on tax debt attorneys for research purposes, then you can go to one of the on-line encyclopedias available on the Internet today. These on-line encyclopedias often offer information regarding the various specializations of tax debt attorneys, the methods that they use to help people and how they can be found. This means that you can actually find out how a tax debt attorney can help you through an on-line encyclopedia.

tax debt relief

2) Listings– Many firms prefer to list their contact details in various websites in order to become accessible to more clients. Searching through these listings for tax debt attorneys can pretty much be equated to searching in the yellow pages. Sites like these offer the various contact details of tax debt attorneys under one heading. This can be very convenient especially if you are still trying to make up your mind on which tax debt attorney to hire. Listings can also be very helpful if you have very little idea of what type of tax debt attorney that you will need. This way, you will be able to scout out if a certain firm or tax debt attorney will be able to help you before committing to anything.

3) Company sites– If you are interested in a specific firm or tax debt attorney but do not know how to contact them, you should try to find out if they have a website. Most companies today realize the fact that the Internet has become a very important medium in bringing information to people. Because of this, companies try to advertise on the Internet.

4) Web directories– People more or less begin their searches using web directories. Using this type of website, a person looking for tax debt attorneys would be able to screen results quite quickly. This means that a person looking for tax debt attorneys will be able to eliminate the ones that he or she does not need and stick to the ones that can help him or her the most.

Web directories are also very user friendly. This means that people using these sites to look for tax debt attorneys will have an easy time and not have to go through different processes such as clicking various buttons only to find out that they lead you to dead ends. This guide should at least help you get started on your search for tax debt attorneys. By following these tips, you should do just fine and you should be able to find the information you need in no time at all.

Wednesday, August 26, 2020

A Miami tax attorney is one legal professional who is skilled and abreast in this field of expertise.

Do you owe back taxes and live in Miami Florida? 

Tax Resolution X-perts are always available to answer the queries of the taxpayers who are bugged with the disputes over their annual taxes. 

Here are among the common questions posed by the taxpayers as they get the chance to confer with the Arizona tax attorneys.

A Miami tax attorney is one legal professional who is skilled and abreast in this field of expertise. Your Miami tax attorney will be conscientious in filing all of the needed paperwork to meet all of the things required to you. To make things short, your Miami tax attorney will act on your behalf. When you get subject to divorce or separation, you should at once consult a trusted Miami tax attorney before things get out of hand. 

If an individual taxpayer owes less than $25,000 to the IRS, and can full-pay their liability in 6 years or less, they can request that a tax lien not be filed. In some instances, following this same fact pattern, they can also request that a tax lien that has been filed be removed. There are few exceptions in which tax liens may be removed such as negotiating an accelerated payment plan, but these are rare and typically require that a professional be involved in order to be successful. 

In the year 1998, an additional relief has been added to the Code. With this Act, the innocent could now claim any of the relief forms such as for separation of liability, innocent spouse, or equitable relief. This Act relieves one of the spouses of the liability in terms of interest and penalty in a jointly filed tax return. More so, another relief has been granted to the divorced or separated taxpayers. There is now the separation of liability option. But then such party should prove that he or she has not taken part in the tax fraud.

Comparing the best tax debt relief companies

There any thousands of tax relief companies you can use, so how do you find the right one for your needs? 

Check the Better Business Bureau, since any legitimate tax relief service should be rated by the BBB. The best relief services have A ratings or higher. 

Learn how to find a tax debt relief company you can trust

Read independent third-party tax debt relief company reviews. To see if other people in a similar situation had a good experience. Some bad reviews should be expected, but too many on the same topic could show a pattern. 

Use an accredited tax relief referral network. Companies like that offer referral networks typically have their own vetting process to find the best tax debt relief companies, so they do the legwork for you. 

Monday, August 24, 2020

IRS is threatening to garnish my wages


Question: What if the IRS is threatening to garnish my wages or already has? Call 855-913-0249 to speak with a tax resolution expert. 

Answer: If you have a threat of garnishment, you must act quickly. Generally speaking, you may have less than 30 days before garnishment begins. Our tax professionals can prevent this from happening, but only if we take immediate action. If your wages are already being garnished, relief is just a call away. We specialize in garnishment releases, often times before your next paycheck. 

Question: Is it true that the IRS requires you to be up to date on filing past taxes before they will negotiate a resolution? 

Answer: Yes, the IRS does require by law that taxpayers must be in compliance prior to any negotiated resolution. In fact, failure to file can be considered criminal. However, we offer complete tax solutions and can have all your missing or incomplete tax returns prepared by our attorneys. We will even pull the master file directly from the IRS to review what has been reported to ensure you’re not paying a penny more than required.

Question: Can I really settle my unpaid taxes with the IRS for pennies on the dollar? Call 855-913-0249 to speak with a tax resolution expert. 

Answer: Yes, this is known as an Offer in Compromise (OIC). However, beware of companies that promote this as the solution to every taxpayer’s issue. This is a great program but only for those that can qualify. During your free consultation our tax professionals will determine your ability to qualify. The good news is there are several programs that may offer a solution to your tax problem.

Free consultation! We offer a free no obligation analysis of your tax situation. Don’t delay. The time is now to fight back with the power of Accelerated Tax Solutions at your side.

Wednesday, July 22, 2020

IRS Payroll Tax Debt

Filing Prior Years IRS Tax Returns

IRS Tax Debt

Our tax resolution firms believe that it is in the best interest of the consumer to file all of their past due tax returns, regardless of ability to pay. The economic consequences of unfiled tax returns are severe there is a maximum 25% late filing penalty that can be applied to the tax. Combined with accruing interest, this late filing penalty can add up to almost 50% of the original liability in many cases. Our tax specialists will work with you to prepare and file all of your unfiled returns, even if you no longer have the original records from the filing years.

IRS Tax Debt

True Tax Returns Filed Over IRS Substitute Returns

Most people do not know that if you do not file a tax return the IRS will file it for you. When the IRS files the tax return for you they do not take into account any of your standard deductions such as mortgage interest, spouse, children etc.. When our clients see this huge tax bill most of them just freeze not knowing that there are options. If it your right as a citizen to file a true tax return over the substitute return the IRS did for you.Once the IRS receives your true returns they will void the ones they did for you. The IRS will zero out the debt and recalculate the debt and penalties and interest based on your true debt.

 Get IRS Tax Relief Now

Abatement of IRS Tax Penalties and Interest
Abatement of a tax liability means to reduce or change a tax, penalty, or interest. Most frequently, abatement refers to eliminating an assessed tax liability and adjustment references reducing or altering an assessed tax liability.

Penalties and interest average 30-40% of the overall tax debt so successful elimination of these is a high priority with your personal tax resolution plan. If there is a reasonable cause for abatement or adjustment, the IRS may be willing to review the penalties which created a tax liability.

    Our tax resolution firms pursue IRS tax abatement on penalties and interest for you, after all of your tax returns from all years have been filed and a monthly IRS payment has been established or renegotiated for you.

   Get IRS Tax Relief Now

IRS Tax Debt

When business owners are unable to meet their IRS payroll tax obligations, a trust fund tax liability is created. The IRS is aggressive in enforcement of trust fund taxes, and does not allow trust fund tax to be discharged in a bankruptcy, no matter how old the tax liability. This means that if you owe delinquent payroll tax, you must address the liability and let our tax experts find a solution for you.

The IRS reports that approximately 2 million businesses owe almost $50 billion in payroll tax. The IRS is increasing its enforcement actions, so the probability of facing a lien, levy or other action is increasing very significantly. To determine if you may have a trust fund tax liability there are two primary determinations:

IRS Tax Debt

1.) Whether you are responsible for collecting or paying withheld income and employment taxes. There are two main methods used to appeal IRS collection actions. The first is a CDP appeal and the second is a CAP appeal. A CDP Appeal must be filed within 30 days of a final notice of intent to levy. This allows a senior technical advisor within the IRS to review the case. This means it is being taken from the collection division of the IRS, who are far more aggressive concerning these matters. In most instances, you will receive much better results filing a CDP Appeal.

2.) Whether you "willfully failed" to collect or perform your obligations. Typically, the IRS has the right to take enforcement action against anyone who meets these determinant tests, even if they were not an officer or employee of the corporation which originally collected the payroll taxes.

Monday, July 20, 2020

Tax debt relief

Tax debt relief

Tax debt relief is opted for by people who have somehow failed to file their returns, which in result have made them liable to pay a repayment of back taxes. Call 855-913-0249 for free tax consultation. This is no doubt a severe and frightening state of affairs. 

Tax debt relief

This may occur due to various reasons. It might be an emergency such as individual or family illness, death in a family, change in economic condition, and lack of budgeting or lavish lifestyle. In these situations failure to pay the money or underpayment are the two most common things to happen. Call 855-913-0249 for free tax consultation. And if this thing really occurs one should fix it as early as possible that is because some forms of non-payment are liable to be punished by imprisonment for every year of taxes that has not been paid.

Tax debt relief

Tax debt relief is the best solution that one can go for if he or she has failed to pay the taxes in time. There are several tax debt relief agencies that offers tax settlement plans so that their clients may come out of their debt quickly. They have specialized professionals who work round the clock to help out their clients. Government also on the other hand has many provisions for the people who have their taxes due. Call 855-913-0249 for free tax consultation.  An underpayment is easier to pay back than the person who has just refused to pay the money. With the help of a professional mediator one can reduce his or her payable amount to a smaller fee, which will enable the government to get back a portion of the money that is owed.

Tax debt relief

Tax debt relief may often call for legal proceeding that is why a proficient lawyer who is qualified in this field is indispensable. The professional attorney can help to get the relief without imprisonment. 

Call 855-913-0249 for free tax consultation.

Whatever the reasons be, taxes due are always offensive in the eyes of law. The tax collectors in the first hand send legal notifications which if not answered leads to the prosecution and the professionals best handle these situations.

Tax debt relief

Conditions that lead to inescapable delinquency are always unacceptable but not beyond negotiation which can be done with the help of a professional tax debt relief help. A proper Tax debt relief program provides quite a few pertinent assistance such as embellished salary, bank charges, bankruptcy among other circumstances. A responsible citizen should never ignore to pay tax. Even if he or she failed in first position, a solution should be tried to find out and the amount should be paid back. 

Tax debt relief

The person who has failed to pay his or her tax for the first time shall also have to plan certain things for future so that it might not happen again. A tax debt relief might work first time but it should be kept in mind that government is always willing to help people but those who commit the same mistakes again and again shall be considered irresponsible and be put on trial. That is why it is always advised to have a certified help plan for the future payments.

Friday, July 17, 2020

IRS DEBT Problems Call 855-913-0249 for free tax consultation.

IRS DEBT Problems

IRS DEBT Problems

Call 855-913-0249 for free tax consultation. 

  • Resolve Tax Liabilities

  • Release IRS Lien

  • End IRS Wage Garnishment

  • Payroll Taxes
  • IRS Audit
IRS DEBT Problems

Call 855-913-0249 for free tax consultation. 

    Resolve Tax Liabilities: It is very common for taxpayers to owe tax liabilities to the IRS. It can be a very frightening time but if you have a professional on your side there is hope. Almost everything is negotiable with the IRS and if you have our specialists on your side you will be in a much stronger position against them. Our tax experts will carefully review your case and work for you to reduce or remove your tax liability. 

    IRS DEBT Problems

    Call 855-913-0249 for free tax consultation. 

    Release an IRS Lien If you have unpaid taxes the IRS is able to file a Federal Tax Lien. A Federal Tax Lien has priority on all of your real property and personal property and gives the IRS the right to seize and sell such property. The IRS will release a Federal Tax Lien only when it is fully satisfied. 
    The good news is that a Federal Tax Lien can also be withdrawn if certain conditions apply. Our tax experts are very well versed in all the nuances of the process and will be apply to ensure your lien is legitimate and that the IRS followed all of the mandated guidelines in filing your lien.

    IRS DEBT Problems

    End Wage Garnishment Now: The IRS has the ability to contact your employer and require them to send a portion of each of your paychecks directly to the IRS to offset taxes that you owe. 
    The IRS can and will garnish your paycheck until your tax liability is fully satisfied. At Tax Resolution Specialists we will work with the IRS to negotiate the full or partial release of the wage garnishment if you qualify for relief.

    IRS DEBT Problems

    IRS Payroll Taxes: If you are a business owner the IRS requires that you withhold Federal Income Tax, Social Security and Medicare taxes from your employees' wages. If you have not paid these taxes the IRS will aggressively go after you to collect. In addition, the IRS can assess penalties which can drastically increase the amount owed in a very short period of time. 
    This puts both you and your business at risk. If you owe IRS Payroll Taxes, Tax Resolution Specialists can help by creating a plan to resolve the debt and negotiating on your behalf with the IRS.

    IRS DEBT Problems

    IRS Audit: The most common IRS audits are letters requesting more information and supporting documentation from tax returns that have been filed.
     As a rule changes will need to be made to the return. Tax Resolutions Specialists are here with over 30 years of experience to assist you in any of these IRS issues and more.

    Call 855-913-0249 for free tax consultation. 

      IRS DEBT Problems