Sunday, May 29, 2016

HOW TAX LAW IS ADMINISTERED? ADVANCE TAX RELIEF www.advancetaxrelief.com

Let the world of federal taxes into perspective, the simple way you can understand.

THE FEDERAL GOVERNMENT:
Visualize a three-branched tree. Congress, the legislative branch of the federal government, makes tax law. The executive branch, which the includes the Treasury Department administers the tax law through the IRS. The Judicial branch comprises all the federal courts, which interprets the tax law and overrules the IRS when it goes beyond the law.

The Power to tax incomes was granted by the 16th Amendment to the US constitution; The first Income Tax Act was passed in 1913. Contrary to what fringe groups and con artists would like you to believe, income tax law and the IRS are legal and not going away.
THE CODE:
Tax laws begins with the INTERNAL REVENUE CODE. Congress enacts and revises the tax code. The president signs it (usually), and it becomes law. The Tax Code is over 6000 pages.
THE IRS:
The IRS is a division of the Treasury Department. It is headed up by the commissioner of Internal Revenue, a presidential appointee. The IRS tax administration policy is set in Washington, but it is doubtful you will ever deal with anyone there.
THE COURTS (TAX COURTS):
The United States Tax Court is an arm of the federal court system systems that decides disputes between the IRS and taxpayers. It is pretty easy to go to tax court in most cases, even without an attorney. Tax disputes are also decided in U.S District Courts and the Federal Court of Claims, but these require payment of the disputed tax first, unlike in TAX COURTS. All decisions in those courts, for or against you, may be reviewed by higher courts.
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Advance Tax Relief LLC is a full service Tax Relief firm in Houston which includes tax professionals, IRS enrolled agents and Tax Attorneys. Our tax professionals are very knowledgeable and experts in tax negotiations. We offer fast response protection to our clients and a commitment to gaining major tax reductions. Whether you are new to tax problems or have hired someone in the past to resolve your tax debt, we have a track record of consistently accepted IRS settlements. This has boosted our reputation as having satisfied all of our clients to date.
We are tax relief experts specializing in IRS back tax help, Installment Agreements, tax lien help, wage garnishment release, IRS Offer in Compromises and a whole lot more. Get a free consultation from an experienced tax relief expert today (800)790-8574 or visit our webpage www.advancetaxrelief.com
ADVANCE TAX RELIEF LLC
www.advancetaxrelief,com
BBB Accredited Business – As Seen on TV!
Have tax problems? Call (800)790-8574
Testimonial:
“My husband lost his job and the IRS was garnishing my wages. I called advance tax relief for help, my wage garnishment was released and we settled with the IRS for $1,200 on a $48k debt. Our family is very grateful” – Shirley W, Tampa FL.
Connect with us:
ADVANCE TAX RELIEF is not a Traditional CPA or Law Firm.
We are a Professional Tax Organization.
#backtaxhelp

SMALL BUSINESS KNOW YOUR TAXES – ADVANCE TAX RELIEF www.advancetaxrelief.com


No one likes paying or dealing with the IRS, but operating a business without being tax savvy is like skydiving without a parachute – certain to end in calamity. Many business failures stem from ignoring the record keeping and tax side of the operation. Like it or not, the government is always your business partner.


Conversely, tax knowledge has powerful profit potential. It can give you a fatter bottom line than your competitors who don’t bother to learn. For example there are several ways to write off car expenses. Your choice could mean a few thousand more thousands more after-tax dollars in your pocket each year.
Four Different Federal Taxes That Affect Small Business Owners
1. INCOME TAXES: If you make a profit you, you will owe)
2. EMPLOYEE TAXES: If your business has employees
3. SELF EMPLOYMENT TAXES: This is social security and medicare taxes.
4. EXCISE TAX: Only a few small businesses are subject to these.
Most of the federal tax laws, regulations and court decisions deal with these four categories.
Advance Tax Relief LLC is a full service Tax Relief firm in Houston which includes tax professionals, IRS enrolled agents and Tax Attorneys. Our tax professionals are very knowledgeable and experts in tax negotiations. We offer fast response protection to our clients and a commitment to gaining major tax reductions. Whether you are new to tax problems or have hired someone in the past to resolve your tax debt, we have a track record of consistently accepted IRS settlements. This has boosted our reputation as having satisfied all of our clients to date.
We are tax relief experts specializing in IRS back tax help, Installment Agreements, tax lien help, wage garnishment release, IRS Offer in Compromises and a whole lot more. Get a free consultation from an experienced tax relief expert today (800)790-8574 or visit our webpage www.advancetaxrelief.com.
ADVANCE TAX RELIEF LLC
BBB Accredited Business – As Seen on TV!
Have tax problems? Call (800)790-8574
Testimonial:
“My husband lost his job and the IRS was garnishing my wages. I called advance tax relief for help, my wage garnishment was released and we settled with the IRS for $1,200 on a $48k debt. Our family is very grateful” – Shirley W, Tampa FL.
Connect with us:

FOUR TAX ADVANTAGES FOR SMALL BUSINESS OWNERS – ADVANCE TAX RELIEF www.advancetaxrelief.com



Everyone has their own idea on what a small business is and most small business gross less than 1 million a year and have fewer than ten employees.

Tax Advantages for Small Business Owners:
1. Personal Expenses can become wholly or partially deductible: Your home, car, computer, meals, education and entertainment.


2. Retirement savings plan can shelter part of your ventures income from taxes, accumulate earnings tax-deferred and provide for your retirement as a reduced tax rate.
3. Family Member young and old can be put on the payroll to shift income to them and reduce a family’s overall tax bill.
4. Travel and vacations can qualify in whole or in part as deductible business expenses.
With all these possibilities, you business can earn less than if you were working for someone else and you can still come out ahead.
Owning a small business has been called the little guys tax shelter. Self employed individuals get tax benefits for expenditures not allowed to wage earners. About ten million small business today provide jobs only for the owners and their families.
Advance Tax Relief LLC is a full service Tax Relief firm in Houston which includes tax professionals, IRS enrolled agents and Tax Attorneys. Our tax professionals are very knowledgeable and experts in tax negotiations. We offer fast response protection to our clients and a commitment to gaining major tax reductions. Whether you are new to tax problems or have hired someone in the past to resolve your tax debt, we have a track record of consistently accepted IRS settlements. This has boosted our reputation as having satisfied all of our clients to date.
We are tax relief experts specializing in IRS back tax help, Installment Agreements, tax lien help, wage garnishment release, IRS Offer in Compromises and a whole lot more. Get a free consultation from an experienced tax relief expert today (800)790-8574 or visit our webpage www.advancetaxrelief.com.
ADVANCE TAX RELIEF LLC
www.advancetaxrelief,com
BBB Accredited Business – As Seen on TV!
Have tax problems? Call (800)790-8574
Testimonial:
“My husband lost his job and the IRS was garnishing my wages. I called advance tax relief for help, my wage garnishment was released and we settled with the IRS for $1,200 on a $48k debt. Our family is very grateful” – Shirley W, Tampa FL.

Friday, May 27, 2016

HOW DO I GET TAX PENALTIES REDUCED OR ELIMINATED? ADVANCE TAX RELIEF LLC (800)790-8574 www.advancetaxrelief.com

ANSWER: Once you understand why and how the IRS hit you with penalties, you may request that they be reduced or eliminated.


The term for this process is called "abatement. About a third of all penalties are eventually abated. We suspect that more penalties would be cancelled if people knew how to contest them.
Just telling the IRS that you don't like a penalty or cant afford to pay it, wont work. You must show "reasonable cause" meaning a good cause.
If you don't ask, you don't get. We have seen people with all sort of excuses succeed.
If you need back tax help or have IRS tax problems, Call us!
ADVANCE TAX RELIEF LLC 

www.advancetaxrelief.com


BBB Accredited Business - As Seen on TV!

Have tax problems? Call (800)790-8574


Testimonial:
"My husband lost his job and the IRS was garnishing my wages. I called advance tax relief for help, my wage garnishment was released and we settled with the IRS for $1,200 on a $48k debt. Our family is very grateful" - Shirley W, Tampa FL.

Connect with us:

BBB PAGE: http://www.bbb.org/houston/business-reviews/taxes-consultants-and-representatives/advance-tax-relief-llc-in-houston-tx-90024857/

TWITTER: https://twitter.com/IRSTAXPRO

GOOGLE PAGE: https://plus.google.com/+ADVANCETAXRELIEFLLCHouston

PINTEREST: https://www.pinterest.com/taxrelief1000/

FACEBOOK: https://www.facebook.com/ADVANCE-TAX-RELIEF-LLC-159880007482847/?pnref=story

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MANTA: http://www.manta.com/c/mb0ynfj/advance-tax-relief-llc

BLOGGER: http://advancetaxrelief.blogspot.com/

YAHOO: https://local.yahoo.com/info-132784506-advance-tax-relief-llc-houston?csz=Stafford%2C+TX&stx=Taxes

YOUTUBE: https://www.youtube.com/channel/UCBqQtYZOrJDcoQwyiOgEwHw

YELP: http://www.yelp.com/biz/advance-tax-relief-llc-houston

ADVANCE TAX RELIEF is not a Traditional CPA or Law Firm.
 We are a Professional Tax Organization.

#backtaxhelp 

Wednesday, May 11, 2016

ADVANCE TAX RELIEF - IRS STATUTE OF LIMITATIONS ON COLLECTION: www.advancetaxrelief.com

3 ACTIONS THAT CAN EXTEND IT

Tax problems do come to an end – the IRS has 10 years to collect a tax debt. But be careful: The time the IRS has to collect can be unknowingly extended by you.
The decisions you make in attempting to resolve your tax problem can impact when it ends. As your collection statute gets closer to expiring, carefully think through the benefits of taking any of the following actions that will extend it:
(1) Collection due process appeal. Timely responding to an IRS Final Notice of Intent to Levy – known as a collection due process hearing – will extend the time the IRS has to collect while your hearing is pending.
A really good strategy: A late-filed collection due process appeal – defined as filed within one year of the date of the Final Notice – does not extend the collection statute but does entitle you to an appeals “equivalent” hearing. See IRC 6330(e), IRM 5.1.9.3.6 and Treas. Reg. § 301.6330–1(g)(3), ex.1.



(2) Bankruptcy. Bankruptcy extends the statute of limitations on collection by the time you were in bankruptcy plus six months. If you filed bankruptcy but did not eliminate all of your tax liabilities, the IRS will have more time to collect the non-discharged taxes from you. See IRC 6503(h) and IRM 5.9.4.2.
(3) Innocent spouse relief. The collection period is suspended from the filing of the request for innocent spouse relief until the 90 day period for petitioning the Tax Court expires. If a Tax Court petition is filed on an IRS denial, time is tolled until the Tax Court decision becomes final, plus 60 days. See IRC 6015(e) and IRM 25.15.1.8.
The IRS gets more time because these actions prevent them from collecting from you. What the IRS gives you – no enforced collection activity – they get back. Before proceeding, always make sure the potential for success (i.e., high chance of offer acceptance) is greater than the risk of extending the collection time frame and making your problem linger.

ADVANCE TAX RELIEF LLC 

www.advancetaxrelief.com


BBB Accredited Business - As Seen on TV!

Have tax problems? Call (800)790-8574


Testimonial:
"My husband lost his job and the IRS was garnishing my wages. I called advance tax relief for help, my wage garnishment was released and we settled with the IRS for $1,200 on a $48k debt. Our family is very grateful" - Shirley W, Tampa FL.

Connect with us:

BBB PAGE: http://www.bbb.org/houston/business-reviews/taxes-consultants-and-representatives/advance-tax-relief-llc-in-houston-tx-90024857/

TWITTER: https://twitter.com/IRSTAXPRO

GOOGLE PAGE: https://plus.google.com/+ADVANCETAXRELIEFLLCHouston

PINTEREST: https://www.pinterest.com/taxrelief1000/

FACEBOOK: https://www.facebook.com/ADVANCE-TAX-RELIEF-LLC-159880007482847/?pnref=story

FOURSQUARE: https://foursquare.com/v/advance-tax-relief-llc/54e8a112498ecdc6df298ad7

MANTA: http://www.manta.com/c/mb0ynfj/advance-tax-relief-llc

BLOGGER: http://advancetaxrelief.blogspot.com/

YAHOO: https://local.yahoo.com/info-132784506-advance-tax-relief-llc-houston?csz=Stafford%2C+TX&stx=Taxes

YOUTUBE: https://www.youtube.com/channel/UCBqQtYZOrJDcoQwyiOgEwHw

YELP: http://www.yelp.com/biz/advance-tax-relief-llc-houston

ADVANCE TAX RELIEF is not a Traditional CPA or Law Firm.
 We are a Professional Tax Organization.