Wednesday, July 1, 2020

Avoid a irs tax lien 855-913-0249

tax debt relief

While it would be ideal if everyone could resolve their tax issues by hiring a highly qualified professional, the fact is there are some instances in which delinquent taxpayers owe more than they can afford to pay but the amount owed is too low to warrant paying for representation services. Call 855-913-0249 for free tax consultation.



tax debt relief


In other instances, delinquent taxpayers will owe a substantial amount in back taxes but do not have the ability to pay a qualified representative to resolve their tax matters. It is always the “Right” choice to retain a qualified representative to assist you in resolving your tax concerns; but the “Right” choice is not always the practical choice. Call 855-913-0249 for free tax consultation.



If you fall into either of the two above-mentioned categories, it is important for you to realize that either the inability to pay for representation, or having a liability that is too low to warrant representation does not preclude you from needing to take action. 


tax relief

Most people hate doing taxes, but they usually get them done and sent out on time. Taxes aren’t so bad if you are getting a refund, but the process can be daunting. If you have any deductions for work or owning a business, there is a lot of paperwork that you must keep track of if you want to make filing easier. If you don’t go to someone to get your taxes done, you may want to consider using a tax professional.


tax relief



There are other types of income tax help there that you may find yourself in need of one day. This type of help comes when you have failed to pay in the taxes that you owe, and the IRS is after you to pay up. This happens to people at times when they simply cannot pay what they owe because of personal emergency or bad planning. If you find yourself in this position, you should call a lawyer who specializes in tax money owed for your income tax help. They may be able to get you an extension or a payment plan, and in some cases, they can get the amount you owe lowered. This is never a guarantee however, so make sure you pay up as soon as you can. 

Tuesday, June 30, 2020

Don’t Delay In Managing Tax Debt forgiveness. Call 855-913-0249 for free tax consultation.

IRS Tax Debt Relief Center specializes in helping Americans with tax debt. 



But while death and taxes are the big two inevitability, those with serious tax problems should know that it is possible to negotiate with the IRS to reduce past-due tax penalties and payments Many Americans feel alone and under stress when faced with the crisis of tax problems. Fortunately, the tax experts at Freedom Tax Relief are available to be your dedicated resource to save you the most money while resolving your IRS debt in the shortest amount of time possible. 




Determine the best method for managing and eliminating the tax debt. Negotiate with the IRS to settle on an agreed course of action and resolve the debt. While facing and handling tax debt can be painful, last year's bankruptcy reform legislation made it even more crucial for consumers to act. Historically, consumers in severe IRS debt might file for Chapter 7 bankruptcy protection or wait for the 10-year statute of limitations on tax liability to expire. 




Now, people are much more limited in the ability to obtain Chapter 7 filings. The bill's new "means test" leads many consumers instead to file Chapter 13 bankruptcy, which establishes a repayment plan, rather than wiping out all debt. Consumers with tax debt may find it much less costly and simpler to work with a tax debt resolution firm's, which allows individuals to set up tax payment plans while avoiding court fees, attorney fees and bankruptcy judgments on their records.



Settle Tax Debt from IRS Back Taxes. 855-913-0249

X-pert Tax Resolution solves tax problems for businesses and individuals everyday. 


Do you owe tax debt from IRS, Tax Resolution X-perts can assist you in settling your tax debt for a fraction of the owed amount. Call 855-913-0249 to speak with a CPA about your tax problem.



Don’t try to solve tax problem on your own, IRS doesn't make solving tax problem easy for taxpayers. Dealing with the IRS is a bit stressful and confusing for a novice to handle. Stop trying to resolve these complex issues on your own. 



Are you experiencing tax problems with IRS? Do you owe $1000 or more to IRS or State on back taxes? The ideas of trying to pay off growing tax penalties, finding the missing paperwork to file your back taxes, or facing an IRS inspection can seem like too much. If you are in this situation, don't hesitate to get tax relief, turn to Tax Resolution X-perts today. Don’t be afraid of the IRS anymore. If you owe more than $1000, back taxes do not hesitate to call Tax Debt Relief professional team to stop levies, seizures, or wage garnishments and to solve your tax problem as appropriate and available for your situation.




We have tax resolution expert that get tax relief for both individuals and businesses. We can get tax penalties reduced, file delinquent tax returns and negotiate a number of a different payment option to pay off your tax debt like an offer in a compromise or an installment agreement. 



Our service includes:
  • IRS audit assistance
  • Releasing tax liens and levies
  • Tax penalty abatement
  • Resolving payroll tax problems
  • Tax relief solution for business and individuals
  • Preparing offers in compromise.

IRS is threatening to garnish my wages

TAX RESOLUTION F.A.Q. Call 855-913-0249 to speak with a tax resolution expert. 


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.

Settle Tax Debt from IRS Back Taxes.

Get Tax Debt Relief. Expert Tax Services solves tax problems for businesses and individuals every day.


Are experiencing tax problems with IRS? Do you owe $1000 or more to IRS or State on back taxes? The ideas of trying to pay off growing tax penalties, finding the missing paperwork to file your back taxes, or facing an IRS inspection can seem like too much. 



If you are in this situation, don't hesitate to get tax relief, turn to Expert Tax Services today. We have tax resolution expert that get tax relief for both individuals and businesses. We can get tax penalties reduced, file delinquent tax returns and negotiate a number of a different payment option to pay off your tax debt like an offer in a compromise or an installment agreement. 






Don’t be afraid of the IRS anymore. If you owe more than $1000, back taxes do not hesitate to call Tax Debt Relief professional team to stop levies, seizures, or wage garnishments and to solve your tax problem as appropriate and available for your situation. 





Don’t try to solve tax problem on your own IRS doesn't make solving tax problem easy for taxpayers. Dealing with the IRS is a bit stressful and confusing for a novice to handle. Stop trying to resolve these complex issues on your own. 



Our service includes:

Do You Really Need A Tax Advisor?



Tax Relief, Levy Relief & Affordable Tax Solutions. 



Taxes can be quite a complicated matter. Ask any law students, and they’ll tell you that the subject “Tax” is one of their most dreaded courses. It involves numbers, and not everyone likes numbers. It involves ideologies, and every person possesses a divergent belief. 

It demands utmost diligence, and not everyone can spare such patience. But are these enough to make you decide on procuring the services of a tax advisor? 




Monday, June 22, 2020

Secrets To Understanding And Filling Your Taxes Like A Pro!

Secrets To Understanding And Filling Your Taxes Like A Pro! 

tax debt


If you own a home, you can reduce your income by adding in the interest that you paid on your mortgage. This is taken off along with any points associated with your mortgage value. Charitable contributions The trick with charity is that you really do have to give a lot in order to make a difference on your taxes. 



Tax resolution

You also need to be sure that you are giving to registered charities in order to have it 'count' with the IRS. Make sure that you get the receipts from all of your donations and place the total here. Casualty and theft losses If you were a victim of theft, you might be able to recuperate some of the losses here. 



Tax resolution



This can be a difficult deduction to justify, so be sure you have the help of a professional tax preparer before you fill in this section yourself. Job expenses Outside of a small business, if you work for someone else and you can deduct costs for supplies associated with your job here. This can also include education costs associated with getting more training for your job or for a future job in which you could make more money. While tax credits can't help you to increase your refund, they can eliminate the tax you owe. Various tax credits that you can take off of individual taxes include: 
 Earned income tax credit This is a credit that you can qualify for if you have dependents and your income level falls below a certain level. 
 Child care tax credit Like the earned income credit, this is taken if your income falls below a certain level..
Tax resolution



Hope tax credit/Lifelong Learning Credit This is a tax credit that helps people who are returning to school pay for their costs. 
 Elderly tax credit If you are 65 or older, you can qualify for this credit. You can also help reduce your overall taxes by: 
 Getting the alternative energy tax credit for installing certain environmentally friendly energy producers When you install solar panels and begin to create your own source of energy, it's the law that anything additional you make can be sold to the local energy companies for a profit. 

Tax resolution


Talk with a CPA or a tax professional about how this can work in your favor. Not only are you cutting down on your energy costs, but the tax breaks come from the initial investments you make in the very expensive equipment. 
 Buying a hybrid car While these deductions are slowly being phased out, you might want to still check to see if you can qualify with your hybrid car purchase or upgrades. 
 Paying interest on your student loans If you began to pay off your student interest before you were out of school, you were doing yourself a tax favor. In addition, if you are making payments that not only attack the principle, but also the interest, the interest payments are all deductible. 

Tax resolution

The government will send you a ticket at the end of the year of the total amount. 
 Investing in your company's 401K plan as this cost comes off of your income before taxes While this isn't actually a deduction, when you put money toward a savings plan before taxes, you are reducing the amount of money to be taxed and thus reducing your taxes owed.

Tax resolution




Buying into your company's health insurance plan as this cost comes off of your income before taxes This is the same deal as when you pay into your company's 401K plan. Talk with your tax preparer to see what else you might qualify for in order to reduce your taxes.




Tax Lawyers in Chicago

Looking for a tax attorney near you? 


The tax relief maze is complicated and difficult to maneuver, which is often difficult for taxpayers. Tax Resolution Xperts represents individuals and businesses before the IRS and the Illinois Department of Revenue. Our experienced team of tax lawyers assist clients with unfilled tax returns and all types of unpaid tax liabilities and penalties. 

                                                           



Release of Wage or Bank Levies

A wage or bank levy can leave you financially devastated if you do not take immediate action. Whether you have received a Notice of Intent to Levy or you are currently under a wage levy or bank levy, IRS Tax Resolution Experts can help. Tax Resolution Experts has obtained the release of thousands of wage and bank levies for their clients, helping solve their tax problems and financial woes. 

IRS Installment Agreements & IRS Fresh Start Program

If you live in Chicago IL and owe money to the IRS, but cannot pay it all right away, tax resolution experts can determine if an installment agreement is right for you. An installment agreement allows a taxpayer to pay his or her liability over time in convenient monthly payments. There are new exciting programs under the IRS Fresh Start Program that offer different types of installment agreements that might work for your personal situation. Let Tax resolution experts help you negotiate the most affordable payment plan.

IRS Offer in Compromise

With an IRS Offer in Compromise, sometimes you only pay “pennies on the dollar” on your tax debt. Not all taxpayers are eligible, but an Offer in Compromise will allow you to pay less than what you actually owe. Tax resolution experts perform a thorough financial analysis to determine your eligibility for an Offer in Compromise and will then negotiate with the IRS on your behalf. 

IRS Form 433-A

The purpose of IRS Form 433-A is to provide the IRS with information about your income, expenses, and assets. IRS Form 433-A is a form filled out by a taxpayer who has been asked by the IRS to provide financial information in order that the IRS can begin to calculate how that taxpayer can pay off an outstanding tax debt.  

Tax debt



IRS Form 433-A should be used by taxpayers who are wage earners, or who are self-employed individuals who file a Schedule C. If you own a business and do not file a Schedule C (for example, if you own a corporation or are a partner in a partnership), then you will need to complete IRS Form 433-B as well. A professional tax company can provide IRS tax help with questions or with the filing of either form.

tax debt

You may be asked to complete an IRS Form 433-A by an IRS Revenue Officer or another official who wants to establish your ability to pay your existing balances with the IRS. Completing the IRS Form 433-A may allow you to establish that you are suffering a complete or partial financial hardship. On the other hand, by filing out IRS Form 433-A, you will also provide to the IRS information that they may not otherwise have about you.

Tax debt


Certain sections of IRS Form 433-A are filled out only by taxpayers who are self-employed. Usually, IRS Form 433-A is filled out when applying to the IRS for a tax debt repayment plan, such as an Installment Agreement (IA), an Offer in Compromise (OIC), or when applying for a Currently not Collectible (CNC) status, and has no other impact.


Tax debt

You should also be aware that if the IRS cannot verify the information provided on IRS Form 433-A (for example, by comparing your information to the W-2s sent to the IRS by your employer), then you may be asked to provide verification of the income, expense, and asset information. You can also expect the IRS to ask you for verification if your living expenses are particularly large when compared between the general cost of living in your county and the information given on IRS Form 433-A.


Tax debt

A tax professional can help you fill out IRS Form 433-A to make sure that you have provided all the necessary information and substantiating documentation. This is most helpful if you don’t have clear proof of some of your expenses (for example, if you pay rent, food, or utilities by cash). A tax professional will be able to walk you through the income and expense verification process the IRS will use, and help you decide how you want to prove your income, expenses, and assets on IRS Form 433-A. Visit the IRS website for form locations or to download a copy of IRS Form 433-A. Call Community Tax today for IRS tax help with forms and getting out to tax debt.

TAX RESOLUTION SERVICES

offers in compromise tax liability

TAX RESOLUTION SERVICES


Offer in Compromise (OIC) 

An OIC is an agreement between a taxpayer and the IRS that settles the taxpayer’s tax liabilities for less than the full amount owed. The OIC is a great program for the right candidate. Our experienced staff of tax professionals will gladly discuss all the options you may qualify for. The IRS may consider an OIC based on three grounds:

Tax Offers In Compromise

1. Doubt as to Collect-ability – Doubt exists that the taxpayer could ever pay the full amount of tax liability. 
2. Doubt as to Liability - A legitimate doubt exists that the assessed tax liability is correct. 
3. Effective Tax Administration – There is potential for the IRS to collect the full amount. However, an exceptional circumstance exists that would cause the taxpayer to suffer economic hardship or be unfair and inequitable.


Installment Agreements
There are a variety of installment agreements available that when properly implemented will allow you to repay your tax liability in a comfortable and manageable way. When it comes to installment agreements, having an attorney on your side that knows your rights will ensure you receive the best possible terms from the IRS or State Tax Agencies.


Tax Resolution

Tax Return Preparation 
The value of having an attorney review and prepare your tax returns could mean hundreds or even thousands of additional dollars in your pocket. Our attorneys are experts in preparing personal and business tax returns. We even pull your master file directly from the IRS database and verify exactly what has been reported as income. Having your tax returns properly prepared is the first step to resolving your tax issues.

Tax Resolution

Penalty Abatement 
Penalties can increase your tax liability by thousands of dollars. Many taxpayers may qualify for penalty relief. This service requires an understanding of what the IRS will accept as a reasonable cause for the failure to file or pay. If you have reasonable cause it must then be presented in a well documented format to the IRS for consideration. As experts we will evaluate, prepare and submit all the required information to ensure the largest possible reduction in accrued penalties.

Tax Relief

Innocent Spouse
Innocent Spouse can release your responsibility for paying tax, interest, and penalties if your spouse (or former spouse) improperly reported items or omitted items on your tax return. The tax laws and process to file for this relief can be complicated and should be addressed by an experienced tax professional. Our attorneys will prepare and submit all the required documents ensuring the best possible outcome. In addition to Innocent Spouse there are several other options that you may qualify for to provide the needed relief.


Additional Services 
Tax resolution experts provides many additional services to resolve any tax issue you may have. Contact our tax professionals today for a free consultation and take the first step to getting your tax issues properly resolved.