Continued from our prior blog post. The Most Common IRS Red Flags that could trigger a Tax Audit: 16. Claiming 100% business use of a vehicle – When you depreciate a car, you have to list on IRS Form 4562 of what percentage of its use during the year that…
No one really wants to be audited by the IRS. It’s time consuming, and quite frankly, a headache. You’ve probably wondered at some point who gets audited and why, as well as how you can avoid it. While there is no fool-proof way to avoid an audit; however, there are…
What do tax lawyers charge as far as cost and fees? When taxpayers are faced with tax problems such as unpaid back taxes or IRS audits, they usually seek the help of a tax attorney. Taxpayers have the right to be represented by a licensed and IRS approved representative, known…
No one really wants to get themselves into the situation of owing back taxes. Unfortunately, it happens; and it happens most often when people are going through a difficult time including facing unemployment, life and relationship changes, and even medical problems. The present state of the economy certainly isn’t making…
Our firm prides itself for providing various tax services to many Union members. Services such as: • Tax preparation service: we will professionally prepare your federal and state tax returns, • Tax planning: we will work with you to legally strategize and minimize your tax liability, • Tax problems: we…
If you haven’t paid back taxes, penalties, or interest – you may be able to work with us to apply for an Offer in Compromise (OIC) with the IRS in order to get compliant, alleviate your issues with the IRS collectors, and move forward. An OIC is an agreement to…
When faced with tax problems by the IRS or the state, you should consider professional help and representation by a tax attorney. A licensed representative aka power of attorney can resolve a number of tax problems: – Back taxes: a tax attorney can settle your unpaid back taxes in different…
When it comes to choosing a tax professional to resolve a tax problem, represent you before the IRS, or handle complex tax issues, it is important to work with someone with the experience and expertise to deal with your situation effectively. You need to find someone you can rely on…
Often, married taxpayers choose to file a joint tax return because of certain benefits this filing status allows. Unfortunately, there are times because of divorce, separation, or other circumstances that one spouse becomes liable for taxes, interest, or penalties due to improper filing or reporting of their partner. If you…
Tax returns for registered domestic partners, including same-sex spouses, can be complex. The laws in your state, and more specifically community property laws, dictate how you file and which deductions you can claim. There are nine community property states in the nation: Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas,…