Tax Services
I provide service to taxpayers in %cityname% %statename%. My fees are very reasonable and competitive. I provide a flat fee for my services. I urge you to call me for a free consultation. We will discuss your case, and I will tell you what my fee will be.
I will personally work on your case to help you resolve your problem with the IRS or other tax agency. I provides a variety of tax relief services to meet the needs of each tax payer:
Offer in Compromise
An offer in compromise is an agreement between a taxpayer and the IRS that resolves the taxpayer's tax debt. The IRS has the authority to settle, or "compromise," federal tax liabilities by accepting less than full payment under certain circumstances. A tax debt can be legally compromised for one of the following reasons:
Call for a free financial analysis to see if you qualify for an Offer In Compromise.
Installment Agreement
Installment Agreements are arrangements whereby the IRS allows you to pay your back tax bill over time. If full payment cannot be made by the time the Statute of Limitation expires, and taxpayers have some ability to pay, Partial Payment Installment Agreements may be granted. During the course of agreements, penalty and interest continue to accrue. No levies may be served during installment agreements.
Currently Not Collectible
A taxpayer's account may be Currently Not Collectible when the taxpayer has no assets or income which are, by law, subject to levy. But if there are limited assets or income but a levy would create a hardship, the liability may be reported as Currently Not Collectible. A determination of hardship is made on a case by case basis. The account will usually be Not Collectible as long as the taxpayer's situation does not change.
Levy Release
A levy is a legal seizure of your property to satisfy a tax debt. Levies are different from liens. A lien is a claim used as security for the tax debt, while a levy actually takes the property to satisfy the tax debt.
If you do not pay your taxes (or make arrangements to settle your debt), the IRS may seize and sell any type of real or personal property that you own or have an interest in. For instance, the IRS could seize and sell property that you hold (such as your car, boat, or house), or could levy property that is yours but is held by someone else (such as your wages, retirement accounts, dividends, bank accounts, licenses, rental income, accounts receivables, the cash loan value of your life insurance, or commissions).
Call me immediately to arrange to get the levy released.
Payroll Tax Problems
Business taxpayers may have payroll tax liabilities (940 and 941 taxes). A variety of problems may exist because of failure to pay these liabilities, such as a levy on business assets. Also, persons involved in the business might be personally liable for some of these taxes. I can help you resolve these issues.
Tax Account Analysis
I will provide an analysis about the status of your account with the Internal Revenue Service (IRS). Many taxpayers complain about receiving inconsistent or incomplete information from the IRS. This service provides taxpayers with clear and concise information about the status of their IRS account. With this service we provide a year-by-year break down detailing how much is owed for each particular tax year, verify tax filing compliance, obtain statute of limitation dates for liabilities and determine whether a tax lien has been filed.
Relief from Penalties
Generally, a taxpayer can get relief from penalties if he or she can show reasonable cause. Reasonable cause is based on all the facts and circumstances in each situation and allows the IRS to provide relief from a penalty that would otherwise be assessed. Reasonable cause relief is generally granted when the taxpayer exercises ordinary business care and prudence in determining their tax obligations but is unable to comply with those obligations. Any reason that establishes a taxpayer exercised ordinary business care and prudence but was unable to comply with the tax law may be considered for penalty relief.
Call me for advice on whether you have reasonable cause.
UNFILED RETURNS
THE REMEDY IS TO GET THE RETURNS FILED
There are two advantages to filing as soon as possible:
Generally, if a taxpayer is due a refund for withholding or estimated taxes paid, it must be claimed within 3 years of the return due date or risk losing the right to it. The same rule applies to a right to claim a tax credit such as the Earned Income Credit (EIC).
Self-employed persons who do not file a return will not receive credits toward Social Security retirement or disability benefits. Failure to file results in not reporting any self-employment income to the Social Security Administration.
Taxpayers who haven't filed returns always want to know what problems could result from failure to file returns. The following is from the IRS website:
A long-standing practice of the IRS has been not to recommend criminal prosecution of individuals for failure to file tax returns, provided they voluntarily file, or make arrangements to file, before being notified they are under criminal investigation. The taxpayer must make an honest effort to file a correct return and have income from legal sources. A letter from the IRS concerning taxes is not a notice that a taxpayer is under criminal investigation.
The IRS helps to get people back into the system as part of its long-term plan to improve voluntary tax compliance. The IRS wants to get people back into the system, not prosecute ordinary people who made a mistake. However, flagrant cases involving criminal violations of tax laws will continue to be investigated.