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Filing Late IRS Income Tax Returns

Compliance It is our job to educate the taxpayer on their rights and how their specific current situation fits into the available IRS resolutions.  It is not always pretty. It is many times not what they expected. It may take different “tools” in your toolbox to get the job done. We know the IRS can […]

How does the IRS make up a Return for You?

How does the IRS “know” that a taxpayer “should” file a return? By law, many entities must report the income they pay to individuals. A 1099 MISC/DIV/INT/B or a K-1 are just some of the income reporting documents that are filed directly with the IRS. This IRP (Income Reporting Program) Database also is enhanced in […]

What to do when you owe the IRS Back taxes

Client Experience: A client was referred from a larger NYC Law Firm. The firm had prepared and filed the client’s 1040’s prior to contacting me. The doctor handed me copies of the filed 1040’s, Married Filing Joint, owing $900,000 in tax alone for the last 8 years. The spouse did not work. Their house was […]

How many Returns will you file back (on a unfiler)?

Obviously, those potential clients that are “Constitutionally Challenged” (formerly known as Tax Protestors) will argue with you all day as to the compliance component of the resolution. I only take about 10% of these type clients and only after they have openly admitted they were duped by some fast talker scheme salesman. It is your […]

Link to this for Offer In Compromise

IRS Back taxes tax Help Compliance It is our job to educate the taxpayer on their rights and how their specific current situation fits into the available IRS resolutions.  It is not always pretty. It is many times not what they expected. It may take different “tools” in your toolbox to get the job done. […]

IRS Liens. IRS Levy. Tax Consultant. Offer in Compromise Tax Help

Therefore, the IRS has the power to collect its debt almost immediately and, most importantly, push other creditors (like the state) out of their way. The statutory lien (and later when a Notice of Federal Tax Lien (NFTL) is publicly filed) has a vast amount of law behind it to enforce collection action. Client Experience: […]