Showing posts with label Do You Really Need A Tax Advisor?. Show all posts
Showing posts with label Do You Really Need A Tax Advisor?. Show all posts

Wednesday, July 22, 2020

Solve tax problems for your business.

BACK TAXES Settle Tax Debt from IRS Back Taxes. Get Tax Debt Relief. Call 855-913-0249 now for free tax relief quote. Tax Relief Center solves tax problems for businesses and individuals every day. 

Owe IRS taxes

Are you experiencing tax problems with IRS? Do you owe $10,000 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 Debt Relief Center today. Call 855-913-0249 now for free tax relief quote. We are a company which specializes in IRS and state tax problem. 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. 

Owe IRS taxes

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. Call 855-913-0249 now for free tax relief quote.

Owe IRS taxes

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. Call 855-913-0249 now for free tax relief quote.

Owe IRS taxes

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

Friday, July 17, 2020

Income tax returns

The tax you owe them may be high enough to let your eyes roll. But you’ve got no choice. It is either you pay your dues, or you get convicted. Call 855-913-0249 right now for free tax consultation. Which choice would you then go for?

tax attorneys

Having failed to file your personal income tax returns can put you in real hot water with the Internal Revenue Service. If you are placed in this kind of situation, it will be best for you to hire a tax attorney. 

Call 855-913-0249 right now for free tax consultation.

Living in New York never deprives you of the best legal services. Being the busiest city, New York has a wide range of tax attorneys who are experts in dealing with these sorts of cases. Once you approach any New York tax attorney, you can feel assured and confident that your case will be suitably handled. Your New York tax attorney will take charge of negotiating with IRS for an appropriate agreement.

5 Reasons to Hire a Tax Law Attorney

Tax Law Attorney

5 Reasons to Hire a Tax Law Attorney

Tax Law Attorney

1. Why should you hire a tax law attorney? First, facing the IRS means that you either haven't hired an accountant, or your current accountant has done a pretty bad job of managing your finances. This means that it is already too late to hire another CPA to fix your problem. The IRS has already done the math, so you will be wasting resources if you hire another person to do it all over again. You need to focus on areas that you still need to prepare for. What you need is a competent tax attorney to help you with the legalities that you will be facing.

Tax Law Attorney

2. Another advantage that tax attorneys have over CPAs is a deep understanding of the ambiguity of tax law. CPAs are trained to recognize something as either black or white. They are trained to categorize things very specifically and may not recognize the various gray areas of tax law. A good tax attorney knows that the law can have a thousand different interpretations and uses this fact to your advantage. 

Tax Law Attorney

3. A tax law attorney can also help you by giving you truly complete advice. This is because they are experienced in matters involving tax laws. A tax attorney will be able to give you advice on different legal measures that you can take to solve your Tax problems. A CPA can only help you in terms of fixing your budget or computing your taxes but can offer very little help regarding how to fix your tax problems.

Tax Law Attorney

4. The IRS can use different techniques to intimidate you into paying the amount that they will insist you owe. People who are unfamiliar with the methods of the IRS often pay this amount without taking the time to question why. A good tax law attorney can help you get over your fear of the IRS and meet them on the legal battleground. A good tax attorney will have the resources necessary to help you overcome any intimidation tactics that the IRS may use to force you to pay
Tax Law Attorney

5. The best reason that you can have to hire a tax law attorney is the fact that taxes are based on laws. This means that taxes are the natural stomping grounds of tax attorneys. They know their ways around it and they know how to survive it. A tax attorney, on the other hand, can show you a lot of things you can do to legally get the IRS off your back. A good tax law attorney can help you by giving you various tips on how to compromise with the IRS and end up paying much less than what you might think is your due.

Tax Law Attorney

Thursday, July 16, 2020

Taxation Law for Small Businesses.

Taxation Law for Small Businesses. 

Taxation law is a complex and in-depth area of concern for the small business owner.  With potential pecuniary and criminal consequences, it is of paramount importance to ensure as a business owner, you are familiar with the tax consequences in your jurisdictions, and the ways in which you can minimize your liability. Call 855-913-0249 for tax consultation.

Whilst one of the most legally important things to understand as a small business owner, taxation law also provides an excellent opportunity for saving money and increasing profitability within a small business environment.  In this article, we will look at some of the main and most common tax implications of running a small business, and some of the most effective ways of ensuring you pay less tax through your small business operation. Call 855-913-0249 for tax consultation.

Tax regimes vary from jurisdiction to jurisdiction, and the implications of running a small business also vary, both in terms of the legal and financial requirements. Having said that, there are a number of common elements that transcend jurisdiction and appear in numerous guises across various systems that can be of use to the small business owner. One of the first things to consider as a small business owner is to establish a limited liability company. The primary reason for this is that limited liability companies usually provide a more relaxed tax regime as compared to income tax liability. A sole proprietor operating out-with the parameters of a corporate entity is liable to account for profits as income, which can lead to a greater tax liability and potential individual state contributions. As a corporate entity, the owner can pay himself via share dividends, which carry a lower tax liability and thus minimizing his overall liability to tax. This is significantly better than paying oneself a wage, which bears the tax liability from both ends, i.e. the company is liable to taxation as is the employee. 

Another essential for the small business owner is what is known as capital allowance. By means of capital allowance, business owners can offset the acquisition cost of assets on a graduated scale in accordance with the specific principles of the regime in question. This is in effect a deductible expense, which ultimately minimizes yearly tax liability. There is a particular benefit in that many regimes allow an accelerated relief for business assets. This can be exploited to an extent by acquiring assets through the business, for example a car, which can also be used for personal purposes. Rather than buying a car from personal income, buying it through the company allows you to offset the amount of the expense quickly against your business profits, which ultimately reduce your liability to tax.

Before embarking on any tax reducing strategies, it is important to ensure you are acquainted with the specific laws of your jurisdiction to avoid running into trouble with the authorities. In some of Europe, for example, there is a requirement to declare any specific tax minimizing strategies to the government to allow for rectification of loopholes. It is important to ensure you are acquainted with the specific laws to avoid potential criminal liability as a consequence of ignorance. 

Tuesday, July 14, 2020

IRS Tax Lien Help

Hiring a Tax Resolution Lawyer shows the IRS or State government you’re serious about resolving your tax debt.

Hiring a professional sends an indirect message to the IRS or state. It tells taxation authorities you are serious about resolving your tax debt.

Has the IRS or State place a tax lien on you credit report? Did you receive a Notice of Federal Tax Lien (NTFL)? Then, it is time to get help as procrastination will not fix your tax problems. A tax lien can have a devastating effect on your credit score and financial well being. Tax Professionals Help You Stay Compliant If you want help with a federal or state tax lien, start with a free consultation using the form above. We can begin the process to help you resolve your tax debt as quickly and painlessly as possible. Dealing with a federal or state tax lien can be extremely complicated if you have never handled one before. All of our partnered tax professionals are experienced with tax liens and have resolved them successfully for numerous clients. If you set up a payment plan or an offer in compromise with the IRS, you have to stay compliant with tax filing obligations for the next few years. Failing to pay or file can negate your arrangement. When you work with a tax professional, they can help you deal with your tax debt, but they can also help you prepare future returns and stay up to date with payment requirements in the future.

  • Tax Lien Relief Services Offered
  • Withdrawing IRS tax liens
  • Releasing IRS and state tax liens
  • Discharging an IRS or state Tax lien from a specific piece of property
  • Subordinating a state or IRS tax lien
  • Appealing a withdrawal, release, discharge or subordination denial
  • How the Complimentary Tax Lien Consultation Works


In some cases, you can reach a tax resolution and settle for far less than the amount you owe. This is known as an Offer in Compromise

An offer in compromise is a tax resolution settlement of a delinquent tax account for less than the original amount owed. However, you will not get such an Offer approved without specialized assistance. As per the data available, in the year 2004 only sixteen percent of Offers were accepted. 

If you are the having tax disputes with the IRS, tax professionals like experienced Enrolled Agents (EAs), Certified Public Accountant (CPAs), and tax attorneys can help you reach a tax resolution. Tax resolution encompasses a wide variety of settlements which includes IRS audits, Federal Tax Liens (IRS Liens), bank levies or wage garnishments, IRS penalty abatement, innocent spouse defense, bankruptcy discharge analysis, Offer in Compromise, un-filed or delinquent tax returns, and IRS collection statute of limitation analysis. 

Thus, it is advisable to seek services of professionals (like EAs, CPAs or tax attorneys) specializing in solving tax problems or negotiating a tax resolution. You should get in touch with these professionals if you are involved in tax disputes like un-filed tax returns, missing records, threat of tax levy, or, if you need a tax resolution like Installment Agreement or an Offer in Compromise or want to be declared Currently Not Collectible. 

For taxpayers, who are not able to reach a tax resolution immediately, an installment agreement can be a reasonable payment alternative. Installment agreements permit the full payment of the tax debt in smaller, more manageable amounts for the taxpayer. Currently Not Collectible is another tax resolution strategy, which implies that an individual has no ability to repay his or her tax debts. The IRS can affirm a person as "currently not collectible" after the IRS receives concrete substantiation that the individual has no capacity to pay. Once the IRS proclaims an individual as "currently not collectible", the IRS discontinues its recovery or collection activities, including levies and garnishments. However, the IRS sends an annual statement to that taxpayer stating the amount of tax still owed. 

While currently in not collectible status, the ten-year statute of limitations on tax debt collection remains in force. If the IRS cannot collect its tax dues within the ten-year statutory period, the tax debt expires. The IRS is perennially, under tremendous pressure to recover the billions of dollars, currently outstanding. Therefore, it will seriously consider all the reasonable offers to recover its debts and try to reach a tax resolution or close cases in all these areas.

Offer in Compromise

Offer in Compromise: This is a program is for struggling taxpayers who have a small likelihood of ever paying off the taxes they owe. 

tax resolution

The IRS looks at a taxpayer’s reasonable collection potential when determining whether to accept an Offer in Compromise. Under this resolution method, a taxpayer can settle their taxes for less than the total amount owed. Call 855-913-0249 for free tax settlement consultation. 

Tax relief

Installment Agreement: If you can afford a monthly payment with the IRS or State, then we can set you up with a payment plan. Once you are entered into this type of agreement, you are considered to be in tax compliance and the IRS and some states will lower the failure to pay penalty by 50%. Furthermore, once you have successful made consecutive monthly payments, we may also consider for penalty abatement (discussed below). Call 855-913-0249 for free tax settlement consultation. 

Tax relief

Partial Payment Installment Agreement: Allows taxpayers to pay a smaller monthly payment towards their taxes owed. Many times the statute of limitations on the debt expires before the total amount of debt is paid off. Currently Not Collectible: This puts a hold on tax collection activities. If a taxpayer does not have enough funds to make payments towards the debt the taxing authorities will wait until their financial situation improves before collecting. In many cases, the statute of limitations or the collection statute of expiration (CSED) on the tax debt expires before the taxes are fully paid off. Call 855-913-0249 for free tax settlement consultation. 

Tax relief

Penalty Abatement: This option is considered in conjunction with all other resolution methods. Penalties can be removed if the taxpayer has a “reasonable cause” for not staying in compliance with the tax laws. 

Sunday, July 12, 2020

Need tax help because you owe $10,000 or more.

Tax Help refers to professional help offered by tax experts to a common man regarding the preparation, filing and subsequent payment of taxes. For any business person, taxation is a big issue he/she will come across annually, which requires filing of all his/her tax returns for the financial year. 

Mind you, any discrepancies accidental or voluntary can result in serious implications with penalties ranging from hefty fines to imprisonment. One simply cannot take a risk when it comes to filing one’s return, and given the fact not many are experts in the intricacies of taxation related issues, it is only prudent to seek the help of a tax professional or in layman terms, seek tax help. True, if the income you have is within certain limits, calculating and filing the returns may not be a difficult task. But the complexity of tax calculations increases as the income you earn also increases. 

For instance, businessmen earning millions of dollars from trading have a real task at hand when it comes to computing out the taxes due. The various taxation rates that take effect for bigger sums, coupled with the different rules of taxation for higher incomes, make the task even more complex. In such cases, it is better to seek tax help and outsource the work of filing the returns to experienced tax professionals or chartered accountants. 

Tax help can be obtained from various finance professionals in your town who exclusively deal with tax related issues. You can meet them in their office or after setting an appointment over the phone. Tax help is also available through the Internet. Through such nonlinear tax help sites mostly managed by professional financial firms associated with taxation and other finance issues one could get their taxes completed by sitting at home or with fewer meetings with the tax help guy. With some well established tax help websites, it is even possible to make the payment on-line. 

Tuesday, June 30, 2020

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? 

Thursday, April 30, 2020

Tax Resolution

What You Need To Know When Searching For Tax Resolution. Call 866-562-2800 for free tax consultation. 

People who find themselves in deep tax problems experience the same symptoms, more or less: many sleepless nights spent in anxiety with calculators at hand hoping to find some ways to get out of the mess they are forced to endure; loss of appetite caused by the stress of possible litigation; reduced budgets for even things which are considered as necessities; and depression because of the seeming hopelessness of things. Indeed, during these times of despair, a tax resolution is always prayed for, one which would bring an end to all these fiscal woes. Call 866-562-2800 for free tax consultation. 

But how, exactly, would you be able to achieve a favorable tax resolution? What are the options available for you?

* A tax resolution can best be facilitated by an expert.  If you would hire the services of a tax attorney, you’re sure to have the best representation when it comes to these matters.  A tax lawyer would inform you, quite efficiently, the remedies that you could avail of.  If you’re looking for the most favorable tax resolution, then a tax attorney is the best person to consult.

* Lawyer, however,s can be quite expensive for even a much needed tax resolution. A good alternative would be to procure the services of a tax advisor or even a tax accountant. A tax advisor is an expert on tax matters and the complex workings of the field. He will charge for his services, but not as much as a titled attorney. A tax accountant’s primary concern, on the other hand, is to prepare your tax forms and declarations. But this doesn't preclude you from asking some queries about the most favorable tax resolution you could gain, given your circumstances which the tax accountant should be familiar with. Call 866-562-2800 for free tax consultation. 

* Consult on-line services for prompt answers to your questions. Self-study is well and good, but if you’re looking for definitive tax resolution, you would need some inputs from professionals.  There are a lot of on-line tax resolution services on the Internet.

The best tax resolution you would be able to employ, however, is not something post-problems.Rather, it is something you should do beforehand, and that is to exercise diligence. Through diligence in the steps you take that would affect your fiscal personality, you would be able to lower your tax liability, stop onerous garnishments and levies, and prevent the execution of liens.Practicing diligence before jumping into the waters would be the best way to avoid having to seek out a tax resolution afterwards. Call 866-562-2800 for free tax consultation. 

Tuesday, April 28, 2020

How Does Tax Settlement Help With The IRS.

Does The Mere Thought Of Filing Your Taxes Gives You Nightmares? Lost Sleep Thinking About How To Manage Your Returns? 

Attention: Going Crazy Understanding And Filing Taxes

Feeling Like You Have Lost Your Way In A Jungle With No One To Help Out? Are You Super Confused And Don't Know Where To Even Start?