Articles Posted in IRS Tax Help

IRS ALERT

In order to help taxpayers avoid scams in which criminals impersonate IRS employees, IRS has issued a Fact Sheet in which it sets out the ways that it does and does not contact taxpayers.

For several years now, IRS has been publishing, in various formats, information and warnings about scams that involve taxpayers and IRS and about how taxpayers can protect themselves from such scams.

Here are various ways that legitimate IRS employees contact taxpayers.

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Every year, around the 1st of January through April 15th every working American is expected to file an income tax return with the IRS. This return is used by the IRS to determine what your overall tax bill should have been for the previous year. Using a number of forms provided by the IRS everyone has to report their income and expenses.

The agents of the IRS will then review your tax return and determine whether or not all of the information is correct and that you either sent a check to cover what you owe the IRS or whether you are entitled to a refund check. With that said, if it is determined that there are any issues with your tax return, this will trigger the IRS to take a deeper look at your return and more than likely request an audit.

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An IRS tax problem can do more than keep you up at night with worry. Unresolved tax problems can lead to liens on your home, levies on your bank account and garnishments being taken from your pay.

The worst thing that you can do is to ignore a tax problem like unfiled tax returns or unpaid back taxes. As time passes, interest and penalties only accumulate, making that tax debt harder and harder to pay. The IRS isn’t just going to forget about the money that you owe them. You need to take action to have the matter resolved.

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Dear Client:

The following is a summary of important tax developments that have occurred in the past three months that may affect you, your family, your investments, and your livelihood. Please call us for more information about any of these developments and what steps you should implement to take advantage of favorable developments and to minimize the impact of those that are unfavorable.

The Trump Administration and select members of Congress have released a “unified framework” for tax reform. The document provides more detail than a number of other tax reform documents that have emerged from the Administration over the past few months, but it still leaves many specifics to be worked out by the tax-writing committees (i.e. the House Ways and Means Committee and the Senate Finance Committee).

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Mike Habib is an IRS licensed Enrolled Agent, tax problem solver and a tax resolution expert who offers his outstanding representation services in Houston, Texas allowing you or your business to seek effective tax resolution and get reliable tax help.

IRS local offices in Houston for audits, examinations, collections, appeal:

Downtown: 1919 Smith St,

Northwest: 12941 I45 N,

Southeast: 8876 Gulf Freeway,

Southwest: 8701 S Gessner

Call us now at 1-877-78-TAXES [1-877-788-2937].

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Dear Client:

The following is a summary of important tax developments that have occurred in the past three months that may affect you, your family, your investments, and your livelihood. Please call us for more information about any of these developments and what steps you should implement to take advantage of favorable developments and to minimize the impact of those that are unfavorable.

Healthcare bill moves through Congress. On May 4, the House of Representatives passed along party lines the American Health Care Act (AHCA), the Republican plan to repeal and replace the Affordable Care Act (ACA, also known as Obamacare), as amended. The House-passed bill would need to be reconciled with the Senate’s version of health reform legislation.

The AHCA would repeal virtually all of the ACA tax provisions, including the following. (Except as otherwise provided, the repeal would go into effect in 2017).

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This post describes how existing general US tax principles apply to transactions using virtual currency. This provides guidance in the form of answers to frequently asked questions regarding Bitcoin and other virtual currency tax treatment.

Disputes will arise from trading Bitcoin and other virtual currencies, and having a tax expert by your side could even the odds if challenged by the IRS or the state. We represent US taxpayers worldwide. Schedule your consultation today at 1-562-204-6700.

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IRS has announced that beginning this month, it will start to send letters to notify “a relatively small group of individuals” with overdue federal tax that their accounts have been assigned to one of four private collection agencies (PCAs). The assignments were authorized by legislation enacted in 2014.

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Businesses and individuals often require professional IRS help to resolve tax related issues. The tax laws, state and federal tend to be complicated and you rarely have a very good understanding of the laws as they pertain to you or your business. Unfortunately, the IRS has no sympathy for your lack of knowledge and will not accept that as a valid excuse.

IRS Help to Deal with the IRS issues

The Internal Revenue Service (or IRS) is the US government agency responsible for the implementation of the country’s tax laws. And one of the most important duties of the IRS is collection of all federal taxes as applicable. If the IRS suspects that you have not paid what is your rightful due towards taxation, they are within their legal rights to enforce collection actions such as tax levies and liens. It is best to get professional IRS help at the earliest to deal with your taxes effectively and resolve the issues before further escalation. The smart course of action is to contact a professional enrolled agent, CPA or tax lawyer to help you.

Get a free evaluation of your case at 1-877-788-2937.

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IRS TAX HELP

Did you miss another filing deadline? Do you owe back taxes? Are you being audited by the IRS?

I can help you resolve your tax matter so you can move on with your life.

Don’t let the IRS ruin your life and punish you with tax levies and liens. We offer IRS tax help to individual and business taxpayers. We can file all your unfiled tax returns; negotiate a settlement through small monthly installment payments, or lump-sum settlement.

Get IRS tax help today 1-877-788-2937.

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