We Help Solve IRS Tax Problems
If you owe money to the IRS, we can help! Millions of Americans are facing stressful tax problems that are hard to address on their own. This firm understands the complexity of the issues and how to interact with the IRS on your behalf. Doing nothing will not make the problem go away! If you owe back taxes, the IRS may soon be sending you a notice to indicate garnishment of wages, your pension, your savings, your property, or even your social security checks.Now is the time to act. We deal with the IRS so you don't have to.
Stop Wage Garnishments
If you have received a wage garnishment notice that the IRS is going to apply a deduction to your paycheck, it means that the IRS can notify your employer that you have a back tax debt. And your employer is then required by law to send a significant portion of each of your paychecks directly to the IRS to offset the debt.Keep in mind that if you do not respond, the IRS will continue to garnish your paycheck until your debt is paid in full.
With this firm, you do not need to take on the IRS by yourself. We will work with the IRS to negotiate the full or partial release of the wage garnishment if you qualify for relief. Depending upon your individual circumstances, we may be able to arrange an installment agreement so you can pay the IRS a specified dollar amount every month until the debt is paid. Once the installment agreement is in place, an offer-in-compromise may be negotiated to settle your debt for less than the actual liability, depending on your individual financial circumstances.
Another option is to be placed in a “currently not collectible” status, in which you may not have to make payments to the IRS at all, again depending on your individual financial circumstances.
Please call to set up a free consultation to review your options and take the stress out of dealing with an IRS wage garnishment notice.
How to Respond to a Bank Levy
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. Below are some possible scenarios.
- The IRS could seize and sell property that you hold (such as your car, boat, or house), or
- The IRS 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).
By engaging professional help such as our firm to resolve your bank levy, it shows the IRS that you are cooperating in bringing your tax debt to a resolution. We want to get the best outcome for your personal financial situation, not just what the IRS wants you to do. Let our experience in taking a scary and complex issue get the best results for you.
Are You Behind on Filing Your Tax Returns?
The IRS has identified taxpayers who fail to file income tax returns and effectively stop paying income tax as a serious threat to tax administration and the American economy. The IRS's role in combating the area of nonfiling is that of outreach, education, and enforcement of the tax laws.However, it is understood that there are those who will not respond to outreach efforts and simply refuse to comply with the law. It is to those individuals, who deliberately fail to comply with their obligation to file required tax returns and pay any taxes due and owing, that IRS Criminal Investigation devotes its investigative resources. In the most egregious cases, criminal prosecution is recommended to the United States Attorney's office.
If you have not filed past returns, you need professional help. To avoid criminal charges and/or adding to civil penalties, it is important to file your tax return even if it is late or you cannot pay the taxes owed.
This firm can assist you in organizing your tax documents and getting you back in compliance with the law. Our job is to work with the IRS to minimize your penalties. It is a complicated process and you need someone on your side that has the expertise to find the way through the clutter and be an advocate for you.
Did You Receive an Audit Letter From the IRS?
The first step is not to panic. The IRS uses letters to communicate with taxpayers about IRS audits. As with most IRS communication, there are deadlines associated with IRS audit letters. You will have time to review the items that are being contested and prepare your response. Selecting a return for examination does not always suggest that the taxpayer has either made an error or been dishonest. In fact, some examinations result in a refund to the taxpayer or acceptance of the return without change.This firm represents clients before the IRS to address their concerns. The tax law is complicated and a professional will be better able to guide you through the audit experience.
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