The dreaded IRS audit is IRS’s investigation into the income you reported (or did not report), expenses you deducted, credits you took, and other items related to one or more of your filed income tax returns.
This is your final opportunity to propose an alternative to IRS’s decision to levy your account or file a tax lien against you.
Unlike wage garnishment, bank levy seizes on a one-time basis only the funds in the taxpayer’s account at the time of the levy. We have 21 days to negotiate a release of the bank levy and reach an agreement with the IRS on paying your taxes due.
Employment taxes arise from the employer’s payroll computation. From the wages of each employee, the employer is required to withhold Federal Income Taxes and Social Security and Medicare taxes. Nonpayment of employment taxes potentially subjects owners, officers, directors, and key employees to personal liability for these employer withholdings, which are called trust fund taxes.
The Internal Revenue Code provides that taxpayers may settle their federal tax debts for less than the full amount due under certain circumstances.
If you and IRS disagree on the tax you owe, IRS must file a notice of deficiency in Tax Court before it can collect. If no petition is filed in Tax Court, the tax IRS says you owe is generally deemed to be correct as a matter of law. We will file the petition and argue your case.
The IRS Code provides relief to spouses who have filed joint returns together and face a liability simply for that reason.
Payment plans, also referred to as installment arrangements, enable you to pay your tax debt on a monthly basis at an amount, which we can convince the IRS, fits within your budget.
The IRS imposes penalties for a variety of transgressions. A penalty is imposed if a return is either not filed or filed late.
Wage garnishment is one of the most devastating events in the IRS’s arsenal for collecting delinquent taxes
Wage garnishment is the IRS’s seizure of a portion of your wages on an ongoing basis to apply against your tax debt until it is fully paid, or we negotiate another arrangement—one that is better for you.
We emphasize legal representation in tax resolution. Our law firm also offers legal services in the areas of general business and real estate law.