Monday, July 20, 2020

Owe back taxes and live in New York

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


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. We’ll make sure you understand your rights and explore all the tax relief options available to identify the best course of action for your needs and circumstances


The first step which your is to trace back the years of your back taxes. The IRS will send you constant reminders about the deadline of your dues. Without the considerable aid of a New York tax accountant, you may be head over heels confused, harassed, and threatened. 


If you continue to disregard the fact that you need to file your income tax returns, the IRS will be very religious in sending you the reminders. It will even come up to the point that such reminders will turn unfriendly. Do not hence be surprised to one day face the Notice of Intent to Levy both of your wages and assets. So, what you need to do is to get your documents ready and be ready as well to hear the shock of your life. 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. There are various situations when you would need the help of an attorney. If for instance you get involved in a car accident and then you have been found out to be under the influence of drugs or alcohol, then you will automatically be subjected to punishment. When you are caught red-handed for robbery, then you will need an attorney who will defend you at all costs. More so, if you failed to pay your due taxes for a couple of years and IRS is after you, you will certainly need the help of a tax attorney too. There are many situations which prompt the need for an attorney and one of which is the case which gets you involved in a tax fraud or tax evasion circumstance. Issues on taxes can be thoroughly handled by New Jersey tax attorneys. You as an ordinary taxpayer may not be abreast of the exact laws governing back taxes or about the instances when you can reduce your penalties and have your tax dues minimized.




A New Jersey tax accountant can do this well. One thing must be made clear, the attorney whom you should approach must go along with the situation you are in and the required specialization of the attorney. Attorneys specialize on civil aspects, personal injury, criminal cases, and many others. When you get a notification from IRS, you should bear in mind that it is important to settle these stuffs at once. You surely do not wish to be convicted because of trying to evade your duties to the government. You fully understand what a New Jersey tax attorney can do to you. If you are concerned with your tax deductions, income, and expenses, then you must seek the help of a New Jersey tax representative. Being in New Jersey gives you a lot of options when it comes to getting in touch with a New Jersey tax attorney. 



The tax attorneys deal with solving the problems of their clients with the IRS and state revenue department. But then whatever their names are, attorneys play the same significant role. And that is to advise and represent their clients in terms of legal issues.

Suffering from tax problems

I did not file your income tax returns for at least ten years, and here you come back into the country finding out that the IRS had been contacting you through your old good address but to no avail. Until such time that they find out of your quiet return to the country, they will automatically send for you to pay your dues for those ten years of being unable to file your income tax returns. Call 855-913-0249 right now for free tax consultation.


income tax returns

So, what you need to do is to get your documents ready and be ready as well to hear the shock of your life. 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?


income tax returns

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.


income tax returns

The first step which your New York tax attorney will get busy with is to trace back the years of your back taxes. The IRS will send you constant reminders about the deadline of your dues. Without the considerable aid of a New York tax attorney, you may be head over heels confused, harassed, and threatened. Call 855-913-0249 right now for free tax consultation. Do you think you can handle this thing on your own? If you feel like your head may plop like a balloon, get yourself one fine New York tax attorney now!

income tax returns

If you continue to disregard the fact that you need to file your income tax returns, the IRS will be very religious in sending you the reminders. It will even come up to the point that such reminders will turn unfriendly. Do not hence be surprised to one day face the Notice of Intent to Levy both of your wages and assets.Call 855-913-0249 right now for free tax consultation. This is a stressful situation. But with a New York tax attorney, you will be provided with many options and you can likely be rescued from severe punishment. A New York tax attorney will have nothing in mind other than the best interests that you can gain in the end.
income tax returns

You may not have bothered thinking about this possibility. But then you know for a fact that you cannot in any way escape such fate. You need not prolong your agony and make matters worse. This very point contacts a reliable New York tax attorney. He or she will take care of everything. He or she will work things out for you such as reducing the punishment that you will get. Call 855-913-0249 right now for free tax consultation.  You can trust them wholeheartedly with things such as these. Tax problems should be faced because you can never run away from them. New York tax attorneys can lend a helping hand.

income tax returns
There are various situations when you would need the help of an attorney. If for instance you get involved in a car accident and then you have been found out to be under the influence of drugs or alcohol, then you will automatically be subjected to punishment. When you are caught red-handed for robbery, then you will need an attorney who will defend you at all costs. More so, if you failed to pay your due taxes for a couple of years and IRS is after you, you will certainly need the help of a tax attorney too. There are many situations which prompt the need for an attorney and one of which is the case which gets you involved in a tax fraud or tax evasion circumstance. Issues on taxes can be thoroughly handled by New Jersey tax attorneys. You as an ordinary taxpayer may not be abreast of the exact laws governing back taxes or about the instances when you can reduce your penalties and have your tax dues minimized. Call 855-913-0249 right now for free tax consultation. A New Jersey tax attorney can do this well. One thing must be made clear, the attorney whom you should approach must go along with the situation you are in and the required specialization of the attorney. Attorneys specialize on civil aspects, personal injury, criminal cases, and many others. When you get a notification from IRS, you should bear in mind that it is important to settle these stuffs at once. You surely do not wish to be convicted because of trying to evade your duties to the government. You fully understand what a New Jersey tax attorney can do to you. If you are concerned with your tax deductions, income, and expenses, then you must seek the help of a New Jersey tax attorney.Being in New Jersey gives you a lot of options when it comes to getting in touch with a New Jersey tax attorney. You can get a directory and look for the most reputable person to get some legal aid and advice. You can likewise contact the existing New Jersey’s state bar association to get the New Jersey tax attorney who’s got the best references. New Jersey tax attorneys can also be spotted in the yellow pages of the directory and via the websites in the Internet. It is always good to get the opinion of other people and get references from friends and relatives who’ve got some New Jersey tax attorney services already.

income tax returns

Tax Debt Resolution

It takes years of experience to be able to negotiate releases of garnishments and levies. For this reason, we recommend you preemptively address your tax matters. If by chance that ship has sailed, you can always contact the taxing agencies to request a release.




Below is a list of points to consider when doing so Things to Consider When Requesting a Levy/Garnishment Release. Call 855-913-0249 for free tax consultation. 



1. Don’t just ask for your money back. Provide valid reason/s why you need it. It is important to be specific here. You should list specific expenses that are due very soon and that you will not be able to pay if your funds are compromised. 
2. The most effective reason to request a release is hardship. If you can prove that you are unable to pay your necessary and reasonable expenses, you may be able to have some or all of your funds returned to you 
3. If possible try and calculate a reason installment agreement amount (see Installment Agreements below) and have backup to support your number. If you can enter into an agreement, sometimes you can also obtain a release 
4. Have contact information of the person, bank or business on which the levy/garnishment was served. Before you contact the IRS, you should have a fax number of the person or department that process the levy/garnishment. If the taxing authorities agree to issue a release, they will ask you where to send it. If you do not have this information ready, you may need to call back risking the chance of speaking with someone different that changes their mind about issuing the release. 

Call 855-913-0249 for free tax consultation. 

5. Request that a 2nd copy of the release be sent to you directly. If you are successful in request a release, you should follow up with the person or department to which the levy/garnishment was served to verify (1) they received the release and (2) that they are not going to remit funds to the tax agencies. If by chance they have not received the release, you can fax them a copy yourself assuming you have a one. 
6. Don’t wait until the last minute. It often takes more than one call to have a levy or garnishment released. If the IRS requires documentation you don’t have ready, you may have blown your chance if the funds are to be remitted in a day or two. Remember you only have 21 days for the IRS and sometimes less for your State to request that a levy be released. 




Individual Tax Saving Ideas

Individual Tax Saving Ideas



Tax Help


But when it comes to your taxes, it can seem like you're stuck paying the amount you are told to pay. 



Tax Help

However, this is simply not the case. While the tax code is rigid and there are a lot of rules to follow, the truth is that many people don't take the time to learn how the rules work and how they can work to their advantage. 


Tax Help


Often, there are rules that can help to lower your annual gross income so that you're not only lessening your taxes, but also getting a larger return for that vacation you've always wanted to take. First, what you need to realize is that there are two different kinds of deductions that are listed in tax law deductions and tax credits. Deductions are those costs that are subtracted from your gross income on the front side of a tax form before anything else is taken off. These help to lower your tax bracket first along with the standardized deductions that everyone has on their forms. Tax credits are those deductions that come directly off the amount you are to be taxed. Obviously, these are much more significant and will help to dramatically lower your owed taxes. When you look at a basic 1040 form, which the usual form that most individuals use, you will notice that on the front of the form, you can take deductions for the following:


Tax Help


Tax Resolution Help

Tax Help refers to professional help offered by tax experts to a common man regarding the preparation, filing and subsequent payment of taxes. 

Tax Help

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. 

Tax Help



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.


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

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

Offer in Compromise (OIC)

An Offer in Compromise (OIC) is a formal agreement between a taxpayer and the IRS that settles the taxpayer’s debt for less than the full amount owed. It allows taxpayers who cannot afford to pay their delinquent tax liability the opportunity to settle permanently for a reduced amount. If an OIC is not prepared or submitted correctly or if the taxpayer is not in compliance, the IRS can and will reject an OIC.



tax return



The Internal Revenue Code allows penalties and the associated interest to be abated (removed) by the IRS if the taxpayer can show reasonable cause. Penalty abatement is often the first step in reducing size-able tax debt and has the potential to lower the amount owed to the IRS by up to 30%. Even if your account is paid in full, the IRS will refund you the penalties and corresponding interest once your penalty abatement is approved.



tax return



Not filing a tax return is far worse than filing a tax return and not being able to pay the tax amount owed. Un-filed tax returns may even be considered a crime, with punishments of up to $25,000 in fines and a 1-year prison sentence for each un-filed tax year.



tax return


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



      Does tax debt relief work? Call 855-913-0249 for free tax consultation.

      tax debt relief

      Does tax debt relief work?

      tax debt relief


      Tax debt settlement is also a legitimate form of relief. However, it’s not as common as you might think. 


      tax debt relief
      Call 855-913-0249 for free tax consultation. 

      The IRS doesn't have any statute of limitations on collection like you see with other types of debt. 

      tax debt relief

      As a result, they’re willing to be patient and wait for you to have the means to pay them back. You only qualify for an OIC if you can show the IRS that there is no reasonable expectation that you can repay the full amount owed.

      Call 855-913-0249 for free tax consultation. 


      tax debt relief



      For instance, tax debt forgiveness sounds great, but the only way you really qualify for it is through Innocent Spouse Relief. Unless you can prove a spouse incurred the tax bill without your knowledge, forgiveness without at least some repayment is unlikely.


      tax debt relief

      Most tax debt relief happens through a combination of penalty abatement and setting up an Installment Agreement. You pay off everything you owe. However, you reduce the penalties to minimize the cost. Then you spread out the remainder and pay it back in monthly installments over time. It can take a few years, but you’ll be out of debt and straight with the IRS.

      Call 855-913-0249 for free tax consultation. 


      tax debt relief

      Currently Not Collectible (CNC) status can also provide relief if you don’t have the means to pay. As long as you can show that you can’t afford to pay your back taxes, the IRS will stop collection actions. That means you won’t receive another Notice of Federal Tax Lien against your property or worry about levies draining your accounts.

      Understanding Tax Resolution

      Tax

      Attention: Going Crazy Understanding And Filing Taxes? Make Sure You Read This Page Before Losing Out On Your Sanity…! 



      Filing Income Taxes

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



      Filing Income Taxes

       Finally, A Complete Guide That Teaches You The Essential Basics Of Federal Income Taxes - And Gives You Excellent Tips To Make Your Filing As Smooth As Butter… And Saves You Loads Of Money, Time, Hassles, And Unwanted Stress…! 

      Filing Income Taxes

      Introducing! The Secrets To Understanding Taxes Filing Like A Pro!

      "Tax Methology"

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      Filing Income Taxes