MyTaxHelpAttorney.com provides legal tax relief services for IRS and State tax problems. Tax relief services can help you resolve personal and business tax issues. MyTaxHelpAttorney.com works with caring and experienced tax attorneys, CPA’s, Enrolled Agents, and other tax professionals who can help you resolve and settle your IRS and state tax debt.
- File Back Taxes
The IRS has become increasingly aggressive and efficient in tracking down taxpayers who fail to pay, or file their back taxes on time. Owing back taxes to the IRS or that state makes you vulnerable to enforced collection action which can include wage garnishments, bank levy’s, property seizure, and even criminal charges.
Having a tax professional properly file your back taxes can protect you in the case of an audit, and mean the difference in how much you end up owing to the IRS.
The IRS will file a tax return for you in the event you fail to do so. This is called a “Substitute for Return” and can lead to an estimated and greatly inflated tax debt since the IRS does not use any deductions. Filing your taxes correctly will allow you to take full advantage of expenses, deductions and credits to significantly lower your tax debt.
- Offer In Compromise
Offer in Compromise is an IRS program that allows you to settle your tax liability for less than you owe. Many people are not eligible for an offer in compromise; make sure to stay away from companies that promise you an offer in compromise, without first thoroughly investigating and analyzing your tax situation, and preparing the necessary forms for the IRS. An offer in compromise is a great option if you qualify, and can help you reduce your tax debt to a fraction of what you originally owed.
- Penalty Abatements
Remove Penalites And Interest From Your Tax Debt The IRS will remove all or part of your penalties and interest from your tax liability if you qualify for penalty abatement. The IRS will often remove the penalties, and keep the interest, however because the penalties can make up to 25% of your tax debt, a penalty abatement can provide a large amount of tax relief.
- Currently Non–Collectible
The IRS will place a taxpayers unpaid tax debt in a currently non collectible status, or a hardship status if the taxpayer can show they have no ability to pay without compromising their allowable living expenses. The program is meant to assist taxpayers who are in a difficult financial situation, and can be a great resolution which not only protects from all IRS enforced collection action, but also allows you to pursue other settlement programs such as the Offer in Compromise.
- Innocent Spouse Relief IRS
Innocent Spouse Relief is an IRS tax relief program which allows you to claim that you are not responsible for the tax debt, interest, and penalties assessed to you because of a joint return filed by your spouse (or ex spouse). The wrong information provided on the joint tax return is solely their fault, and as such you should be freed from the liability.
The IRS will require you to prove to them that without a reason of a doubt you have in no way benefited, had knowledge off, or took part in the wrongful information. Innocent Spouse Relief if properly qualified is a powerful IRS tax relief program which can protect you from tax debt you should not owe.debt.
- 940/941 Payroll Tax Help
Falling behind on your payroll taxes can lead to many problems. The IRS is very strict with this matter, and will assess fines up to 25% of what you owe, and can seize your business’s accounts, equipment, and even close you down. Your payroll taxes known as a 941 payroll tax are due with your quarterly filings. It is very important to keep up with your payroll taxes. The IRS will issue a trust fund recovery penalty against you for not complying with them.
- IRS Payment Plan / Installment Agreement
The IRS is willing to help you pay back your tax debt through a payment plan, if you cannot afford to pay it back all at once. The payment plans differ based off of how much you owe, and what your current financial status is. A payment plan may be a great solution to your tax debt, allowing you to pay it off in an affordable and timely manner.
Types of Installment Agreements
Guaranteed Installment Agreement
A basic agreement for those who owe less than $10,000 to the IRS.
Streamlined Installment Agreement
The agreement is called streamlined, because you do not have to disclose your full financial status. This is only for taxpayers who owe $25,000 or less in delinquent taxes.
Standard Installment Agreement
If you owe more than $25,000 in back taxes, or you cannot afford the minimum payments on a streamlined installment agreement, you may fill out IRS Form 433-F so the IRS can determine what you are able to pay.
Partial Payment Installment Agreement
If you cannot pay off the entire debt, or the statute of limitations is coming up before the entire debt will be satisfied, the IRS may allow you to go on a partial payment plan.
- Tax Audit Defense and Representation
The IRS can audit your income or business tax returns to determine if your deductions, expenses, sales tax, and other items were reported correctly. The IRS and state audit representatives are trained to extract more information than you need to disclose during your audit. The information they get from you will help them increase your tax liability, and often can lead to more tax years being audited. Benefits include;
• Tax Audit defense for personal, business, and sales tax problems,
• Schedule Audit Appointments and meetings with your revenue officer,
• Handle all communication between you and the IRS or state during your tax audit,
• Properly prepare, gather, and review all necessary documents for your tax audit,
• If necessary, handle an appeals or motions after your tax audit,
• Free's you from the burden of a tax audit, allowing you to concentrate on your family, and your job.