Monday, June 25, 2018

ARE YOU DELINQUENT ON FILING PRIOR YEAR UNFILED IRS TAX RETURNS? TAX ATTORNEY HELP

While most Americans finish or have finished their current year taxes, others have stacks of unfiled tax returns from previous years. You may feel swamped with the pressures of work and within a blink of an eye, you wake up to find an IRS notice in the mailbox.

IRS BACK TAX PROBLEMS? TAX ATTORNEYS READY TO HELP - CALL (800)790-8574

ADVANCE TAX RELIEF LLC
www.advancetaxrelief.com
BBB A+ Rated
Call (800)790-8574

***We have successfully resolved millions in back taxes for our clients.



Let’s face it, life gets busy. Nevertheless, you have forgotten about those prior year tax returns, but the IRS hasn’t. Here are some common questions for those taxpayers who are stuck in the mud with unfiled tax returns:


SHOULD I FILE MY PRIOR UNFILED TAX RETURNS?

Since the IRS has 10 years to request an unfiled tax return, we advise that you file it promptly! With that thought in mind,  here’s what could happen:

Refund: You might receive a refund from the IRS for a prior year.

You have three years to claim your refund.
Tax Liability: You might have a tax due. Consequently, the following could apply to you.

Failure-to-File Penalty: After the filing deadline, there is a 5% penalty applied to your unpaid tax liability each month it is not paid.

IRS Letter: If you receive a CP3219N letter from the IRS, basically it is a 90-day notice. Hence, you have 90 days to file your return. Supposing that the IRS does not receive your return, they will prepare it. Keep in mind, the IRS will give you the standard deduction and not apply any credits which could lead to a higher tax.


Worst Case Scenario: As the IRS nears the ten year limit an unfiled tax return makes it more likely that the IRS will take a closer look at your entire tax situation.

FAILURE TO FILE PENALTY

The penalty is difficult to dispute because it is computed on IRS forms. You may like to review the IRS failure to pay facts page.

RESPONDING TO AN IRS LETTER

If you receive a 90-day notice from the IRS, you have 90 days to file your return and you probably should use our website to complete your prior year tax return. In the case that you do not file your tax return within 90 days, the IRS might send you a bill in the mail.

If you disagree with the bill’s tax liability you have the option to dispute it. Either you can speak with the IRS directly or file the return. The IRS could possibly accept that the bill is inaccurate and revise it. Sometimes your financial situation prevents you from paying your tax liability immediately. Depending on the amount due you can set up monthly installment agreement, if you have a significant tax due, you could qualify for an “Offer in Compromise.” The IRS will work with you to help settle your unpaid taxes.

Above all, filing your taxes could result in paying less tax due.


WHAT HAPPENS AFTER YOU FILE?

The IRS does not assess any penalties if your tax return shows a refund. According to IRS statute of limitations, you can only receive a refund within three years of the original due date for prior year returns. For this reason, if you are within the window and have a refund, you should file your tax return.

For instance, in 2018, you can still get a refund for prior year returns going back to the 2015 tax year. Of course, you must file the return by the original due date of the prior year’s return.

The amount due steadily increases per month if your completed tax return has a tax liability. Presumably it makes sense to file all unfiled tax returns.

WHAT ABOUT MY UNFILED STATE RETURNS?

Similar to the IRS, your state’s department of revenue has limitations for issuing refunds and collecting tax liabilities. That said, you should visit your state’s department of revenue website for specific information and in the meantime use our website to complete your state taxes.

HOW TO GET STARTED

So, if you have IRS Problems, Owe Taxes, have Past Due UnFiled Tax Returns and need IRS HELP – Take action today! You should work with a nationwide tax relief firm. Call Advance Tax Relief (800) 790-8574

GET TAX RELIEF HELP TODAY

If you think that you may need help filing your 2017 tax return and past due tax returns, you may want to partner with a reputable tax relief company who can help you get the max refund and reduce your chances for an IRS AUDIT.

Advance Tax Relief is headquartered in Houston, TX with a branch office in Los Angeles, CA. We help many individuals just like you solve a wide variety of IRS and State tax issues, including penalty waivers, wage garnishments, bank levy, tax audit representation, back tax return preparation, small business form 941 tax issues, the IRS Fresh Start Initiative, Offer In Compromise and much more. Our Top Tax Attorneys, Accountants and Tax Experts are standing by ready to help you resolve or settle your IRS back tax problems.

Advance Tax Relief is rated one of the best tax relief companies nationwide. 

Call our team today at 800-790-8574 for more information.
For a free consultation, schedule an appointment with us online.

Feel free to also learn about us and contact us via www.advancetaxrelief.com.

However, it doesn’t matter where you live, we service taxpayers nationwide.

We have settled millions in back tax penalties and interest for our clients nationwide.

Advance Tax Relief is a Professional Tax Relief Organization



OTHER LINKS:

Advance Tax Relief http://www.advancetaxrelief.com/audit-representation.html

Advance On Wordpress: https://advancetaxreliefblog.wordpress.com/

Advance Tax Youtube: https://www.youtube.com/channel/UCBqQtYZOrJDcoQwyiOgEwHw

Advance Tax Relief on Instagram: https://www.instagram.com/advancetaxreliefusa/


Advance Tax Relief LA; https://www.inglewoodtaxlawyers.com

Friday, June 22, 2018

WHAT YOU NEED TO KNOW ABOUT IRS AUDITS - STATUTE OF LIMITATION

One of the most common questions that get asked of debt relief counseling firms is whether there is a statute of limitations on Internal Revenue Service (IRS) audits. There is a simple answer to these and then there is a not so simple one.

IRS BACK TAX PROBLEMS? CALL FOR IRS TAX HELP (800)790-8574

ADVANCE TAX RELIEF LLC
www.advancetaxrelief.com
BBB A+ Rated
Call (800)790-8574

***We have successfully resolved millions in back taxes for our clients.


let’s take a moment to look at this question in better detail and then address how you can protect yourself and your financial future if ever you do have to endure an audit.

First Thing’s First…

First the simple answer. In short, yes there is a statute of limitations on how long the IRS has to audit your tax return. That period, known as the ASED or Assessment Statute Expiration Date, is in most cases three years from the tax filing deadline date of the year the return is due for. For example, for 2014 taxes, the filing date was Wednesday, April 15, 2015. With that in mind, the statute of limitations for an audit of that return would be Tuesday, April 17, 2018. So now those returns would be excluded from the ability to be audited in most cases. The important part of that statement is ‘in most cases’ and that’s where we get to the not so simple answer to the question.

ASED: What You Need to Know


While the ASED is usually 3 years, this period can be retroactively extended to a period of six years from the date the return is filed (national tax day for individuals or the date of the periodical tax filing date for businesses), if there is a qualifying set of conditions. The qualifying set of conditions most commonly imposed is the discovery of the fact that the taxpayer omitted income from the return in question that was in an amount of greater than 25% of the income total that was reported on the original tax return. If this condition is active then the IRS can assess additional taxes due on the difference in the income true value versus the amount that was reported and thus taxed on the original return. The IRS may also assess additional penalties and interest due on both the original payment due amount and the new taxes due (retroactive to the date of the original return).



Tax Debt Relief Assistance: Why You Need It


A tax debt relief company can work with the IRS to help get you a fair audit, a lower tax bill, and flexible options to delay your payment and/or establish a payment plan to get the debt cleared. Advance Tax Relief will work with your accountant, your legal representation, and with the IRS to get your audit and tax debt put behind you so you can move on with your life.

So, if you have IRS Problems, Owe Taxes, have Past Due UnFiled Tax Returns and need IRS HELP – Take action today! You should work with a nationwide tax relief firm. Call Advance Tax Relief (800) 790-8574

GET TAX RELIEF HELP TODAY

If you think that you may need help filing your 2017 tax return and past due tax returns, you may want to partner with a reputable tax relief company who can help you get the max refund and reduce your chances for an IRS AUDIT.

Advance Tax Relief is headquartered in Houston, TX with a branch office in Los Angeles, CA. We help many individuals just like you solve a wide variety of IRS and State tax issues, including penalty waivers, wage garnishments, bank levy, tax audit representation, back tax return preparation, small business form 941 tax issues, the IRS Fresh Start Initiative, Offer In Compromise and much more. Our Top Tax Attorneys, Accountants and Tax Experts are standing by ready to help you resolve or settle your IRS back tax problems.

Advance Tax Relief is rated one of the best tax relief companies nationwide. 

Call our team today at 800-790-8574 for more information.
For a free consultation, schedule an appointment with us online.

Feel free to also learn about us and contact us via www.advancetaxrelief.com.

However, it doesn’t matter where you live, we service taxpayers nationwide.

We have settled millions in back tax penalties and interest for our clients nationwide.

Advance Tax Relief is a Professional Tax Relief Organization



OTHER LINKS:

Advance Tax Relief http://www.advancetaxrelief.com/audit-representation.html

Advance On Wordpress: https://advancetaxreliefblog.wordpress.com/

Advance Tax Youtube: https://www.youtube.com/channel/UCBqQtYZOrJDcoQwyiOgEwHw

Advance Tax Relief on Instagram: https://www.instagram.com/advancetaxreliefusa/


Advance Tax Relief LA; https://www.inglewoodtaxlawyers.com

Thursday, June 21, 2018

IS TAX AVOIDANCE DIFFERENT FROM TAX EVASION? TAX RELIEF ATTORNEYS

The IRS expects business owners like you to file and pay your taxes each year. To help you avoid overpaying what you rightfully should owe, the IRS allows you to use loopholes to lower your tax burden.

Despite these legal tactics, some business owners purposely avoid filing and paying their taxes. You can avoid committing tax fraud and legally lower your tax obligation by learning the difference between tax avoidance and tax evasion.

IRS BACK TAX PROBLEMS? CALL FOR IRS TAX HELP (800)790-8574

ADVANCE TAX RELIEF LLC
www.advancetaxrelief.com
BBB A+ Rated
Call (800)790-8574

***We have successfully resolved millions in back taxes for our clients.


What is Tax Avoidance?

Tax avoidance is the practice of using legal methods to lower the amount of money that you owe the IRS each year. These tactics involve:

claiming exemptions
claiming tax deductions
claiming tax credits like the Work Opportunity Tax Credit
putting money into an IRA, 401(k), SEP-IRA, or other fund to delay paying taxes until later
These tax avoidance measures are perfectly legally and even encouraged by the IRS. They allow you to recoup money that you spent on legitimate business expenses throughout the year while easing the amount of money that you must pay for your business's yearly federal taxes.

What is Business Tax Evasion?

Unlike tax avoidance, tax evasion is a felony crime that involves purposely not filing your returns and paying what you owe in taxes to the IRS. You commit tax evasion if you:

purposely do not file your federal tax returns
provide false information about your business income on your returns
under report or under pay what you owe
understate your payroll taxes
do not withhold payroll taxes like FICA
hire an outside payroll service that does not turn over the withholding to the IRS
pay employees in cash to avoid reporting and paying payroll taxes
These and other examples of tax evasion are met with harsh penalties that the IRS can legally impose on you and your business.

These punishments include fines of $250,000 to $500,000, federal prison sentences spanning one to five years, and having to pay court costs for your case. You also will be ordered to file all of your late or amended tax returns as well as pay what you owe in full to the federal government.

Tax evasion can ruin your reputation as a business owner and cause you to lose your company, its assets, and your means to earn a living. When you want to avoid legal and financial ruin, you must learn how to avoid tax evasion.

Taking Advantage of Tax Avoidance and Avoiding Tax Evasion
If you are a new business owner or if you are just not familiar with federal tax laws, you may not intentionally mean to evade paying your taxes. You simply might not know how or when to file your taxes or what forms of income you are required by law to claim.

It is true that federal tax laws change every year, making it difficult for even the most adept business owner to remain informed and compliant. Rather than risk running afoul of the IRS and committing a crime that could lead to severe legal and financial punishments, you can avoid committing tax evasion by hiring a tax professional to help you file your returns each year.

A tax pro knows the federal tax laws and how they should be applied to your business. This individual will also know what forms you need to file, what exemptions and deductions you are eligible for, and what expenses you can legally claim on your return to lower your tax burden.

You also can get advice about how to divert money legally to funds like an IRA or 401(k) that you do not have to pay taxes on and can use to offset what you owe to the IRS. By allowing a tax pro to help you with filing your returns and paying your taxes, you avoid the felony crime of tax evasion and the penalties that the IRS can impose on you.

Tax evasion differs from tax avoidance in several critical ways. Learn to use tax avoidance measures and steer clear from tax evasion by learning the facts of both practices.

So, if you have IRS Problems, Owe Taxes, have Past Due UnFiled Tax Returns and need IRS HELP – Take action today! You should work with a nationwide tax relief firm. Call Advance Tax Relief (800) 790-8574

GET TAX RELIEF HELP TODAY

If you think that you may need help filing your 2017 tax return and past due tax returns, you may want to partner with a reputable tax relief company who can help you get the max refund and reduce your chances for an IRS AUDIT.

Advance Tax Relief is headquartered in Houston, TX with a branch office in Los Angeles, CA. We help many individuals just like you solve a wide variety of IRS and State tax issues, including penalty waivers, wage garnishments, bank levy, tax audit representation, back tax return preparation, small business form 941 tax issues, the IRS Fresh Start Initiative, Offer In Compromise and much more. Our Top Tax Attorneys, Accountants and Tax Experts are standing by ready to help you resolve or settle your IRS back tax problems.

Advance Tax Relief is rated one of the best tax relief companies nationwide. 

Call our team today at 800-790-8574 for more information.
For a free consultation, schedule an appointment with us online.

Feel free to also learn about us and contact us via www.advancetaxrelief.com.

However, it doesn’t matter where you live, we service taxpayers nationwide.

We have settled millions in back tax penalties and interest for our clients nationwide.

Advance Tax Relief is a Professional Tax Relief Organization



OTHER LINKS:

Advance Tax Relief http://www.advancetaxrelief.com/audit-representation.html

Advance On Wordpress: https://advancetaxreliefblog.wordpress.com/

Advance Tax Youtube: https://www.youtube.com/channel/UCBqQtYZOrJDcoQwyiOgEwHw

Advance Tax Relief on Instagram: https://www.instagram.com/advancetaxreliefusa/


Advance Tax Relief LA; https://www.inglewoodtaxlawyers.com

Wednesday, June 20, 2018

TIP TO SURVIVING AN IRS TAX AUDIT - TOP TAX RELIEF ATTORNEYS

The IRS makes a point of collecting every dollar owed to the federal government. It combs through returns each year to ensure that taxpayers did not cut corners when filing and submitting returns. If your own return has been set aside for review, it is important that you use these five tips to survive an IRS tax audit.

IRS BACK TAX PROBLEMS? CALL FOR IRS TAX HELP (800)790-8574

ADVANCE TAX RELIEF LLC
www.advancetaxrelief.com
BBB A+ Rated
Call (800)790-8574

***We have successfully resolved millions in back taxes for our clients.




DON’T IGNORE THE AUDIT LETTER

No need to stick your head in the sand if you get an audit letter from the IRS. Ignoring the letter will only warrant in further action against you and could even result in you owing the government more money.

Instead, you should respond to the  tax letter within the stipulated time frame, which is typically 30 days or less. If you fail to respond promptly, the IRS may void exemptions and itemizations you included on your return. It also may raise the amount of money that you owe in taxes.


ASK THE REASON FOR THE TAX AUDIT

The IRS is supposed to inform you of why your return was singled out for an audit. However, if it fails to or if you do not understand the reason, you are within your rights to ask for clarification.

Some of the more common reasons that you could be audited include:

Inaccurate reporting of income that does not match your W-2, 1099, or statement of cash earnings
Higher than normal deductions on your return
Information that is inconsistent with details reported on your prior years' returns
Random selection by the IRS computer system
You can act accordingly in your own best interests when you know why you are being audited and what information the IRS seeks from you regarding your return.


KNOW WHAT TO EXPECT

You may envision meeting with an IRS auditor in a cold and impersonal government office. However, in most cases the IRS will correspond with you via the mail during the audit.

This correspondence should tell you why you are being audited and what kind of documentation is being requested of you. You may be asked to send in proof of your expenses or income, for example, or documentation for exemptions that you have claimed. You should send in copies of your paperwork rather than the originals.

ORGANIZE AND GATHER YOUR DOCUMENTS

After you receive notification of your audit, you should get busy organizing any paperwork that could be relevant to your case. Some of the documents that may come in handy during the audit include:

Earning statements like your W-2 or 1099
Medical bills
Receipts of charitable donations
Receipts for home business expenses like Internet bills or office supplies
You should make copies of these documents for both you and the IRS. You should then mail or fax them to the IRS if or when they are requested.

STAY CALM AND GET HELP

You may become angry or frightened upon learning of your upcoming audit. It is critical that you stay calm, however, and avoid giving into extreme emotions.

You should instead act respectfully to the auditor assigned to your case and be forthcoming with any information requested of you. You should also seek out professional tax guidance if you are unsure of how to proceed or need help understanding what is expected of you.

A tax professional is trained to represent clients during an audit and also knows the current IRS tax codes. This tax pro can act as your intermediary and ensure that you are treated fairly during the process. You also will be advised about what information to give and how to avoid incriminating yourself during the proceedings.

An audit may seem like an overwhelming and complicated task. You can make it easier on yourself and avoid unfair taxes and fines by using these tips during an IRS tax audit.

So, if you have IRS Problems, Owe Taxes, have Past Due UnFiled Tax Returns and need IRS HELP – Take action today! You should work with a nationwide tax relief firm. Call Advance Tax Relief (800) 790-8574

GET TAX RELIEF HELP TODAY

If you think that you may need help filing your 2017 tax return and past due tax returns, you may want to partner with a reputable tax relief company who can help you get the max refund and reduce your chances for an IRS AUDIT.

Advance Tax Relief is headquartered in Houston, TX with a branch office in Los Angeles, CA. We help many individuals just like you solve a wide variety of IRS and State tax issues, including penalty waivers, wage garnishments, bank levy, tax audit representation, back tax return preparation, small business form 941 tax issues, the IRS Fresh Start Initiative, Offer In Compromise and much more. Our Top Tax Attorneys, Accountants and Tax Experts are standing by ready to help you resolve or settle your IRS back tax problems.

Advance Tax Relief is rated one of the best tax relief companies nationwide. 

Call our team today at 800-790-8574 for more information.


For a free consultation, schedule an appointment with us online.

Feel free to also learn about us and contact us via www.advancetaxrelief.com.

However, it doesn’t matter where you live, we service taxpayers nationwide.

We have settled millions in back tax penalties and interest for our clients nationwide.

Advance Tax Relief is a Professional Tax Relief Organization



OTHER LINKS:

Advance Tax Relief http://www.advancetaxrelief.com/audit-representation.html

Advance On Wordpress: https://advancetaxreliefblog.wordpress.com/

Advance Tax Youtube: https://www.youtube.com/channel/UCBqQtYZOrJDcoQwyiOgEwHw

Advance Tax Relief on Instagram: https://www.instagram.com/advancetaxreliefusa/


Advance Tax Relief LA; https://www.inglewoodtaxlawyers.com

Tuesday, June 19, 2018

RELIEF TO THE MOST COMMON TAX PROBLEMS PEOPLE FACE TODAY - IRS TAX RELIEF HELP ATTORNEYS

You may have every intention of filing and paying your taxes on time each year. However, at some point you may experience an issue that prevents you from being compliant with the IRS.

Because the smallest tax paying error can have long lasting ramifications on your finances, you are encourage to research how you can resolve the issue in your favor. You can overcome the four most common tax problems people face by discovering the best solutions for them.

IRS BACK TAX PROBLEMS? CALL FOR IRS TAX HELP (800)790-8574

ADVANCE TAX RELIEF LLC
www.advancetaxrelief.com
BBB A+ Rated
Call (800)790-8574

***We have successfully resolved millions in back taxes for our clients.



Unfiled Taxes


Out of all of the mistakes, the most common is arguably not filing your taxes on time. When you have unfiled taxes, you put yourself in jeopardy of not only incurring expensive fines and penalties but also being sentenced to jail.

In fact, the IRS considers not filing your taxes to be a form of tax evasion. You could face up to a year in jail and a fine of up to $10,000.

Because of these severe punishments, you should file your late returns as quickly as possible. You must have them filed if you want to request a payment arrangement or installment agreement from the IRS. Once you file your returns, you will be considered to be in compliance with the IRS and no longer in jeopardy of incurring heavy fines or jail time.

Inability to Pay


Perhaps you have not filed your taxes yet because you know that you cannot pay what you owe. Rather than avoid filing your returns out of fear of a heavy tax burden, you should learn about the payment options the IRS makes available to people with significant tax debts.

You may be eligible for any number of payment or settlement methods like:

the IRS Fresh Start Program
installment agreement
OIC or Offer in Compromise
CNC, or Currently Not Collectible, status
These options let you pay or extend your debt and protect your finances. Before you choose which one best suits your needs, you should consult with a tax professional who can advise you further on each one. The tax professional can also help you complete and submit the proper documentation for each solution.

Penalties and Interest
When the IRS charges penalties and interest, you must pay even more money to settle your account. These extra charges add to your burden and lengthen the time that it takes to pay what you owe to the government.

The solution to incurring penalties and interest is to ask for a penalty abatement from the IRS. You could make this request on your own. However, when you want it to be decided in your favor, you should allow a tax pro to ask for the penalty abatement on your behalf.

To be granted this courtesy, your tax case must meet three requirements that include reasonable cause, administrative waiver, or IRS error. Your tax pro can ensure that your case meets at least one of those criteria before filing the request for you.

Garnishment and Levies


The IRS gives you ample opportunity to pay what you owe or work out a payment arrangement with the government. When you fail to take advantage of this opportunity or you do not comply with the agreement that you set up with the IRS, you could have your income garnished and a a lien placed on your assets.

When the IRS garnishes your income, it has the right to do so without a court order. It also can take more than the typical 25 percent allotted by states when allowing creditors to seize a portion of your income. In reality, the IRS can take however much of your paycheck it chooses although it generally leaves you enough to support you and your family with each month.

Still, the free reign that it enjoys when it comes to taking your income and assets should give you serious pause. If you are already being garnished or levied, your solution would be to file a lien/levy or garnishment release.

Filing this release should be done in conjunction with a tax pro who knows how to submit this request accurately and in a timely manner. You may need to prove that the collection efforts cause financial hardship to you and your household. Your tax pro can negotiate the terms of the release and work out another payment method that protects your finances and works to your advantage.

Making the occasional taxpayer mistake does not have to take a toll on your money. You can safeguard your earnings, protect your assets, and get back in compliance with the IRS by knowing the solutions to the four most common tax paying mistakes that Americans make today.



So, if you have IRS Problems, Owe Taxes, have Past Due UnFiled Tax Returns and need IRS HELP – Take action today! You should work with a nationwide tax relief firm. Call Advance Tax Relief (800) 790-8574

GET TAX RELIEF HELP TODAY

If you think that you may need help filing your 2017 tax return and past due tax returns, you may want to partner with a reputable tax relief company who can help you get the max refund and reduce your chances for an IRS AUDIT.

Advance Tax Relief is headquartered in Houston, TX with a branch office in Los Angeles, CA. We help many individuals just like you solve a wide variety of IRS and State tax issues, including penalty waivers, wage garnishments, bank levy, tax audit representation, back tax return preparation, small business form 941 tax issues, the IRS Fresh Start Initiative, Offer In Compromise and much more. Our Top Tax Attorneys, Accountants and Tax Experts are standing by ready to help you resolve or settle your IRS back tax problems.

Advance Tax Relief is rated one of the best tax relief companies nationwide. 

Call our team today at 800-790-8574 for more information.


For a free consultation, schedule an appointment with us online.

Feel free to also learn about us and contact us via www.advancetaxrelief.com.

However, it doesn’t matter where you live, we service taxpayers nationwide.

We have settled millions in back tax penalties and interest for our clients nationwide.

Advance Tax Relief is a Professional Tax Relief Organization



OTHER LINKS:

Advance Tax Relief http://www.advancetaxrelief.com/audit-representation.html

Advance On Wordpress: https://advancetaxreliefblog.wordpress.com/

Advance Tax Youtube: https://www.youtube.com/channel/UCBqQtYZOrJDcoQwyiOgEwHw

Advance Tax Relief on Instagram: https://www.instagram.com/advancetaxreliefusa/


Advance Tax Relief LA; https://www.inglewoodtaxlawyers.com

Monday, June 18, 2018

HAS IT BEEN A WHILE SINCE YOU FILED YOUR TAX RETURNS? IRS TAX HELP

The IRS expects most taxpayers to file their returns on time every year. When the tax season starts in January, you have close to four months to file and submit your returns well before the April 15 deadline.

However, when you failed to file your taxes for the last several years, you might wonder how much trouble you could possibly be in with the IRS and what it will take to remedy the situation. You can start by determining when you last filed your taxes and by manually filing late returns.

ARE YOU FACING UNPAID TAXES?

IRS BACK TAX PROBLEMS? CALL FOR IRS TAX HELP (800)790-8574

ADVANCE TAX RELIEF LLC
www.advancetaxrelief.com
BBB A+ Rated
Call (800)790-8574

***We have successfully resolved millions in back taxes for our clients.


Discovering the Dates of Your Last Tax Filings

If you have not saved your tax records from years past, chances are you might not remember when it was exactly that you last filed. Rather than take a wild guess and risk filing a double return, you need to know for sure when it was that you last submitted a tax return to the IRS.

The IRS makes this process relatively simple by allowing you to research and order your tax transcripts on IRS.gov. You will be shown transcripts from the last years that you filed. You can also order copies of them if you would like them for your personal records.

The IRS does not charge taxpayers for their prior years' tax transcripts. The information you enter into the request form must match precisely the information recorded in the transcripts, however. If you enter the wrong address or wrong amount of earnings, the IRS could deny your request.

Once you request them, the transcripts will be mailed to your current address. You also could receive copies of them via email if applicable.

You should receive the copies of your last years' tax filings within six to eight weeks if you choose to have them mailed to you. Your transcripts will provide you with information from your last returns like:

how much income you claimed that year
your tax filing status
whether or not you were entitled to a refund

You should be aware, however, that the IRS may not necessarily be looking for you to file returns from the last five years if you are entitled to a refund during any of those years. In fact, if you choose to file returns from the last five years, you will only receive refunds from the past four years. The fact that the IRS may owe you money from the past five years essentially makes it not worth the IRS' time to track you down and demand that you file those returns.

However, if you do not file those returns, you will not receive credit for paying into Social Security. If you are nearing retirement and want full credit for every year that you worked and paid into the system, it would benefit you to file returns that you have missed within the last 20 years. The money that you paid into Social Security will then be credited to you for those years and counted when your future Social Security payments are determined.

Filing Prior Years' Tax Returns

The IRS encourages most taxpayers to file their returns electronically each year. Electronic filing is secure, fast, and reduces the likelihood of fraud.

However, if you plan to file missing returns from the last few years, you may not be able to use electronic filing. Instead, you may have to file them manually simply because the forms you need will no longer be available electronically.

You can find the forms you need on the IRS' website. You can also obtain them from your local library.

If you are not sure of what returns you need, it may be best that you hire a tax professional to assist you with filing your missing returns. Your tax professional can research your IRS tax records to determine for what years you need to file. He or she can also instruct you on what type of documentation, like income earning statements, proof of business expenditures, and receipts for other exemptions that you might need to file with your prior years' returns.

A tax pro likewise will know what forms you need to use and should have those forms on hand in the office. You will get credit for paying into the Social Security system and get caught up with all of your tax return filings by allowing a tax professional to assist you.

Forgetting or failing to file tax returns on time every year can compromise your good standing with the IRS. It also shortchanges you on your payments into Social Security. Rather than miss out on refunds to which you may be entitled as well as Social Security credits, you can get caught up with filing your returns by knowing for what years you need to file and by manually filing those returns as quickly as possible.

So, if you have IRS Problems, Owe Taxes, have Past Due UnFiled Tax Returns and need IRS HELP – Take action today! You should work with a nationwide tax relief firm. Call Advance Tax Relief (800) 790-8574

GET TAX RELIEF HELP TODAY

If you think that you may need help filing your 2017 tax return and past due tax returns, you may want to partner with a reputable tax relief company who can help you get the max refund and reduce your chances for an IRS AUDIT.

Advance Tax Relief is headquartered in Houston, TX with a branch office in Los Angeles, CA. We help many individuals just like you solve a wide variety of IRS and State tax issues, including penalty waivers, wage garnishments, bank levy, tax audit representation, back tax return preparation, small business form 941 tax issues, the IRS Fresh Start Initiative, Offer In Compromise and much more. Our Top Tax Attorneys, Accountants and Tax Experts are standing by ready to help you resolve or settle your IRS back tax problems.

Advance Tax Relief is rated one of the best tax relief companies nationwide. 

Call our team today at 800-790-8574 for more information.


For a free consultation, schedule an appointment with us online.

Feel free to also learn about us and contact us via www.advancetaxrelief.com.

However, it doesn’t matter where you live, we service taxpayers nationwide.

We have settled millions in back tax penalties and interest for our clients nationwide.

Advance Tax Relief is a Professional Tax Relief Organization



OTHER LINKS:

Advance Tax Relief http://www.advancetaxrelief.com/audit-representation.html

Advance On Wordpress: https://advancetaxreliefblog.wordpress.com/

Advance Tax Youtube: https://www.youtube.com/channel/UCBqQtYZOrJDcoQwyiOgEwHw

Advance Tax Relief on Instagram: https://www.instagram.com/advancetaxreliefusa/


Advance Tax Relief LA; https://www.inglewoodtaxlawyers.com

Thursday, June 14, 2018

HOW TO WORK WITH AN IRS REVENUE OFFICER AND AVOID WAGE GARNISHMENT AND BANK LEVIES - IRS TAX HELP

You have come to know your IRS Revenue Officer as difficult, unyielding, and, of course, aggressive.

You believe that the Revenue Officer has one job, and that is to make your life difficult.

The truth is probably very different.

The reality is the unfair treatment you feel you are getting is likely the result of difficulties the Revenue Officer believes she has had in working with you.


IRS BACK TAX PROBLEMS? CALL FOR TAX ATTORNEY RELIEF (800)790-8574

ADVANCE TAX RELIEF LLC
www.advancetaxrelief.com
BBB A+ Rated
Call (800)790-8574

***We have successfully resolved millions in back taxes for our clients



You may disagree with this, and you could be right.  But the power is with the Revenue Officer, and as a starting point it is her perception that matters.

Think of it this way:  When your head is in the mouth of the bear, say nice bear.

Revenue Officers are reactive to you.  They do not want to linger on you anymore than you want them to.

How do we change the Revenue Officer’s perception that you are making her job difficult?

Most problems occur from not understanding what it takes to help the Revenue Officer reach resolution and negotiate to move your case off her desk.

Here is some insight into Revenue Officers, and ways to make their day – and yours – better:

Meet all deadlines the Revenue Officer gives you.
The RO will likely give you deadlines, and there is a good reason why. Remember, the Revenue Officer has many cases to work, and must move cases forward to resolution.  Other cases are waiting in the wings. Deadlines are not just a collection enforcement tool, but an important aspect of inventory management. Miss them and you upset the work flow, and levy action often is the result.

If there is a deadline that cannot be met, call the RO and explain the reasons, and request a short continuance.  Extensions of time are best requested if supported by a demonstrated effort to comply – if you can’t get everything in time, give the RO some of the information.  For example, if you have four years of unfiled returns and cannot get them all completed by the RO’s deadline, try to get one or two to the RO, and request a little more time for the remainder.  This demonstrates good faith and respect – you are saying nice bear.

Stay in compliance with your tax filings and payments.
Your file has been assigned to a Revenue Officer for a reason – maybe you have unfiled tax returns and have not been making estimated tax payments to the IRS. The Revenue Officer’s job is to fix that, and bring you into compliance with the IRS. In other words, the bleeding must stop.

Failure to get into compliance is the cardinal sin for an IRS Revenue Officer.  It is a knife cutting into the RO’s job, and that means she will likely reciprocate and do the same to you with a levy.  Not because she really wants to, but because she has to work her case.

Tell the IRS where you work and bank, how much you make and spend every month, and what you own.
I know this seems awfully intrusive.  But please remember, you owe money to the IRS, and the Revenue Officer’s job is to determine how it can be repaid.  To do that, she will need to know about your financial state of affairs.

The financial disclosures should not to lead to bad things, as you may fear.  In fact, it is the failure to tell that leads to IRS aggression. Telling the IRS can lead to an installment agreement, or an offer in compromise to settle the debt. After reviewing your finances, the IRS can even make a determination that you are unable to repay them, and doing so would create a financial hardship.  In those cases, the IRS can consider you to be a bad debt, not require any payments, take no levy action, and place your debt in currently uncollectible status.

There are specific forms the IRS wants you to use in making the financial disclosures.  If you have an individual tax debt, the IRS requires that we use their Form 433A; if your business owes the taxes, then Form 433B is used.

With the completion of the forms, the Revenue Officer will also want documentation to verify what is on the Form 433A or 433B, including bank statements, paystubs, proof of mortgage, utility and insurance payments, and statements showing how much you owe on your cars and house.

Remember that every Revenue Officer has a manager that she has to report to about progress on your case.  The longer your case is open and the harder you make it for the Revenue Officer, the more likely her manager will recommend more aggressive action against you.

In other words, don’t clog up your Revenue Officer’s inventory.  The RO and her manager will discuss any lack of compliance. The result will be levies on your wages and accounts, and sending out a summons for your records.

So, if you have IRS Problems, Owe Taxes, have Past Due UnFiled Tax Returns and need IRS HELP – Take action today! You should work with a nationwide tax relief firm. Call Advance Tax Relief (800) 790-8574

GET TAX RELIEF HELP TODAY

If you think that you may need help filing your 2017 tax return and past due tax returns, you may want to partner with a reputable tax relief company who can help you get the max refund and reduce your chances for an IRS AUDIT.

Advance Tax Relief is headquartered in Houston, TX with a branch office in Los Angeles, CA. We help many individuals just like you solve a wide variety of IRS and State tax issues, including penalty waivers, wage garnishments, bank levy, tax audit representation, back tax return preparation, small business form 941 tax issues, the IRS Fresh Start Initiative, Offer In Compromise and much more. Our Top Tax Attorneys, Accountants and Tax Experts are standing by ready to help you resolve or settle your IRS back tax problems.

Advance Tax Relief is rated one of the best tax relief/settlement  companies nationwide.

Call our team today at 800-790-8574 for more information.
For a free consultation, schedule an appointment with us online.

Feel free to also learn about us and contact us via www.advancetaxrelief.com.

However, it doesn’t matter where you live, we service taxpayers nationwide.

We have settled millions in back tax penalties and interest for our clients nationwide.

Advance Tax Relief is a Professional Tax Relief Organization

Wednesday, June 13, 2018

GETTING THE IRS TO RELEASE A TAX LEVY WHEN YOU HAVE DELINQUENT TAX RETURNS - IRS TAX HELP

When the IRS levies your wages or accounts, it is usually to get your attention.

There is something the IRS wants that you have not provided – it could be a financial statement, estimated tax payments, or getting in compliance on unfiled tax returns.

And to get the levy released, the IRS is usually going to condition it on, say, getting your unfiled tax returns in first.  The IRS tells you that they operate on a “compliance first, levy release second” basis.

IRS BACK TAX PROBLEMS? CALL FOR IRS TAX RELIEF (800)790-8574

ADVANCE TAX RELIEF LLC
www.advancetaxrelief.com
BBB A+ Rated
Call (800)790-8574

***We have successfully resolved millions in back taxes for our clients.


But what if you cannot get the unfiled tax returns prepared quickly enough to get the levy released when you need it, which is now?

The levy is causing an economic hardship to you – preventing you from paying your bills – while you work to get the tax returns prepared.

But the IRS does not care – the are standing pat – all returns filed, no exceptions, no levy release.

There is help out of this bind.

The U.S. Tax Court, in the case of Vinatieri v. Commissioner, 133 T. C. 892 (2009), held that the IRS is required to release levies even if tax returns are not filed, provided it can be proven to the IRS that the levy is causing an economic hardship to you.

In the Vinatieri case, the IRS sent Kathleen Vinatieri a Final Notice of Intent to Levy, putting her on notice that they wanted to levy her assets.  Ms. Vinatieri responded by telling the IRS that any levy would prevent her from paying her bills. She requested a hearing with an IRS appeals officer, known as a Collection Due Process Appeal.

At the hearing, the Ms. Vinatieri provided financial information to the IRS verifying that if her income was levied, she would be in economic distress.  The IRS appeals officer agreed that Ms. Vinatieri could not afford a levy, or to make any payments to the IRS on her debt, and that a levy would create an economic hardship to her.  This qualified Ms. Vinatieri’s account to be placed in currently uncollectible status, with the IRS leaving her alone and not levying.

But IRS appeals officer sustained the levy – even though it was undisputed that it would cause an economic hardship – as Ms. Vinatieri had unfiled tax returns.

Ms. Vinatieri headed to Tax Court, and the court agreed with Ms. Vinatieri, ruling that the IRS must release a levy even if there are unfiled tax returns if the levy is causing an economic hardship and the account qualifies for currently uncollectible status.

The Tax Court’s decision was based on Internal Revenue Code 6343(1), which requires the IRS to release a levy if it will cause an economic hardship. The court found that there was no wording in the Internal Revenue Code conditioning the release on the filing of past due tax returns.  The Tax Court found the wording of the law to be clear – if a levy causes economic hardship, the IRS must release it, and cannot condition the levy release on getting in compliance with unfiled tax returns.

After the Vinatieri case was decided, two things happened at the IRS:

The IRS Taxpayer Advocate announced that they would be assisting taxpayers who were being levied, had unfiled tax returns, and could demonstrate that the levy would cause them economic hardship.

The IRS Office of Chief Counsel issued Notice CC 2011-005 to make sure that appeals officers followed Vinatieri when presented with cases where there was demonstrated economic hardship and unfiled returns.

What this means to you:

First, even though Vinatieri is law, do not expect all IRS agents to know and follow it.  That is not intentional – it is probably more because every IRS Revenue Officer or Automated Collection Service employee does not know about Vinatieri, or if they do know, they lose sight of it in their daily work flow.

In other words, change can be slow, and tax return filing as a condition to levy release – even if the account should otherwise be currently uncollectible – has long been an ingrained part of IRS culture.

That means you need to know the law and your rights under it, and be prepared to respectfully point it out to the IRS when necessary.

Second, it is important to understand that “economic hardship” is defined as qualifying for IRS currently uncollectible status.  This means that to be able to use Vinatieri we need to prove to the IRS that your income is enough to only pay your living expenses.  Bear in mind, though, that the IRS does have living expenses caps – meaning your hardship and living expenses has to match the IRS’s definition and guidelines.

Vinatieri means that Internal Revenue Code 6343(a) (1) gives you relief from a levy while we complete your unfiled returns if your are in economic hardship and qualify for IRS currently uncollectible status.  In that situation, the IRS cannot hold the returns over your head and condition levy release on the returns being filed. But to finalize the uncollectible determination, the IRS will still need your tax returns – Vinatieri forces them to release the levy in the meantime.  It gives you relief while you prepare what is missing, and evens the playing field.

So, if you have IRS Problems, Owe Taxes, have Past Due UnFiled Tax Returns and need IRS HELP – Take action today! You should work with a nationwide tax relief firm. Call Advance Tax Relief (800) 790-8574

GET TAX RELIEF HELP TODAY

If you think that you may need help filing your 2017 tax return and past due tax returns, you may want to partner with a reputable tax relief company who can help you get the max refund and reduce your chances for an IRS AUDIT.

Advance Tax Relief is headquartered in Houston, TX with a branch office in Los Angeles, CA. We help many individuals just like you solve a wide variety of IRS and State tax issues, including penalty waivers, wage garnishments, bank levy, tax audit representation, back tax return preparation, small business form 941 tax issues, the IRS Fresh Start Initiative, Offer In Compromise and much more. Our Top Tax Attorneys, Accountants and Tax Experts are standing by ready to help you resolve or settle your IRS back tax problems.

Advance Tax Relief is rated one of the best tax relief companies nationwide.  

Call our team today at 800-790-8574 for more information.
For a free consultation, schedule an appointment with us online.

Feel free to also learn about us and contact us via www.advancetaxrelief.com.

However, it doesn’t matter where you live, we service taxpayers nationwide.

We have settled millions in back tax penalties and interest for our clients nationwide.

Advance Tax Relief is a Professional Tax Relief Organization



OTHER LINKS:

Advance Tax Relief http://www.advancetaxrelief.com/audit-representation.html

Advance On Wordpress: https://advancetaxreliefblog.wordpress.com/

Advance Tax Youtube: https://www.youtube.com/channel/UCBqQtYZOrJDcoQwyiOgEwHw

Advance Tax Relief on Instagram: https://www.instagram.com/advancetaxreliefusa/

Advance Tax Relief LA; https://www.inglewoodtaxlawyers.com/