An offer in compromise allows you to settle your tax debt for less than the full amount you owe. It may be a legitimate option if you can’t pay your full tax liability or doing so creates a financial hardship. We consider your unique set of facts and circumstances: We generally approve an offer in […]
Posts Tagged ‘tax attorney’
Cryptocurrency has gone mainstream. Once seen as an esoteric investing fad, currencies like bitcoin and dogecoin are as ubiquitous in the marketplace as tech stocks and Treasury bonds. But as crypto has attracted more novice investors, this burgeoning new market has led to a host of tax complexities, and federal regulators have their sights set […]
The Internal Revenue Service posted a series of videos to explain how taxpayers can steer clear of scammers who claim to be able to help them with their tax debts while charging exorbitant fees and making outrageous claims. We have all seen advertisements on TV and elsewhere for these scammers. They are usually not lawyers or […]
The IRS will never contact you via email or social media to ask for personal or financial information. If you receive such correspondence, you can send it to IRS’s phishing page or you can call the IRS hotline. However, the IRS does send millions of official notices or letters every year. You can enter the […]
Law requires the IRS to engage in some form of enforcement action against a taxpayer who has not paid their taxes in a timely manner and who has also failed to contact the IRS to take advantage of any one of several possible solutions. The IRS has several options at their disposal in order to […]
Every September through November the IRS begins to send out federal tax liens and levies to anyone who may owe a balance to Uncle Sam. Receiving a notification from the IRS stops everyone in his or her tracks. Chances are it could be a simple situation that can be remedied quite quickly. While it is […]
One of the primary recourse for individuals, businesses, government institutions, and other entities like the IRS who are owed money is a legal instrument called a lien. A lien is a legal document that is filed with the relevant agencies and becomes attached to your property. The creditor will find it exceedingly difficult to sell […]
A levy is simply the legal seizure of debtor’s property in order to pay their debt. They are different from liens. Liens are simply a notice that a creditor has a claim against the property for repayment of a debt. Generally with a lien, the lien must be cleared before the property can be sold […]
Whether you are worried about fires and earthquakes in California, tornados in the Midwest, hurricanes in the South, or epic thunder and snowstorms in the east, natural disasters can be devastating. Anyone who has lived with and through a natural disaster knows full well the impact can be tremendous and long lasting. The ability to […]
Tax law is complicated. Life is complicated. There is certainly a lot of room for mistakes, errors in judgement, and happenstance to make life difficult even under the best of times. In these times, you will need some help but there are many levels of service. So what are the advantages of a tax attorney? […]
