Tax Relief BlogMillions of Americans suffer from a very common malady known as tax problems. Although it can be treated, many choose to ignore it, resulting in disastrous consequences. Blaming the IRS does little to change the situation. However, most tax problems can be resolved in a systematic manner should an individual or business taxpayer choose to do so. If you are one of those who are in trouble due to your taxes, seek for an IRS tax problem resolution immediately. Call us at 877-788-2937.
Articles Posted in Tax Help
Brooklyn, NY IRS tax help: Tax relief and tax problem resolution audit attorney Kings County, NY
Taxpayers in Brooklyn, New York and Kings county can get IRS tax help, tax relief, tax problem resolution, 941 employment payroll tax help, and IRS tax audit help by calling 877-788-2937.
IRS office serving Brooklyn, NY is located at 625 Fulton St., Brooklyn, NY 11201
Payroll Tax Help – Keep That Business Running
Running a business, managing a company is not a child’s play. Apart from being a good CEO or the Head of the Company, there are certain important things you have to figure out and reign in early when you first start your own business or running a company as you need to take care of your employees as well as their salaries thereof. Payroll taxes are the most important of them all. You have to know how to calculate and pay 941 payroll taxes before you set out to hire employees.
Possible Avenues for Help with Tax Debt
Seeking help with tax debt should be your priority if you find yourself unable to discharge your tax obligations to IRS. Tax debt is a serious problem that can affect you emotionally, financially and socially. The emotional aspect refers to the constant anxiety and waiting for the inevitable IRS notices. Of course, if the IRS resorts to some of its extreme collection techniques like placing a lien on your property or levy wage garnishment, the social and financial implications become severe.
Mike Habib, EA Introduces Tax Planning & Tax Coaching Service
2011 year-end tax planning strategies for individual and business taxpayers.
Mike Habib, EA Introduces Tax Planning & Tax Coaching Service
Whittier, CA, November 04, 2011 –(PR.com)– Mike Habib, EA is pleased to announce he has added tax planning and tax coaching to his firm’s services. The new service gives individual and business taxpayers a plain-English plan for beating the IRS – legally by taking advantage to every tax break they deserve.
“Other traditional tax planning firms’ crunches numbers to illustrate ‘what-if’ scenarios based on future assumptions,” said Mr. Habib. It gives clients dry numbers, in more detail than they need or want. But clients don’t want numbers. Clients want savings.
Tax Relief second quarter 2011 developments
The following is a summary of the most important tax developments that have occurred in the past three months that may affect you, your family, your investments, and your livelihood. Please contact us for more information about any of these tax relief developments and what steps you should implement to take advantage of favorable developments and to minimize the impact of those that are unfavorable.
Standard mileage rates increase for last half of 2011. The IRS has announced that the optional mileage allowance for owned or leased autos (including vans, pickups or panel trucks) is increased 4.5¢ from 51¢ to 55.5¢ per mile for business travel from July 1, 2011 to Dec. 31, 2011 to better reflect the real cost of operating an auto in this period of rapidly rising gas prices. This rate can also be used by employers to reimburse tax-free under an accountable plan employees who supply their own autos for business use, and to value personal use of certain low-cost employer-provided vehicles. The rate for using a car to get medical care or in connection with a move that qualifies for the moving expense also increases 4.5¢ for the last half of 2011 from 19¢ to 23.5¢ per mile.
Orange County, CA IRS tax help, IRS audit, Tax resolution
We provide IRS tax help, IRS audit representation, back tax help, employment 941 payroll controversies, and tax problem resolution in Orange County, CA serving cities such as Anaheim, Costa Mesa, Garden Grove, Fullerton, Huntington Beach, Irvine, Laguna Niguel, Mission Viejo, Newport Beach, Orange, and Santa Ana, CA.
If you have a tax problem such as unpaid back taxes, you should know that you have a number of options to resolve your tax matters and get your life back in order. If you cannot pay your tax debt, he IRS accepts alternatives such as installment agreements, tax settlements through OIC offer in compromise, partial pay installment agreements, penalty abatement and reduction for reasonable cause.
Tax treatment of charitable giving
Charitable contribution has always been a hot IRS tax audit item.
Recently, the Congressional Budget Office (CBO) published a report entitled “Options for Changing the Tax Treatment of Charitable Giving.” While the deduction of charitable donations has historically been a feature of the U.S. individual income tax system, the cost, equity and efficiency of the deduction are now the focus of increased scrutiny.
Tax Controversy: Understanding IRS Guidance – Tax Help
For anyone not familiar with the inner workings of tax administration, the array of IRS guidance may seem, well, a little puzzling at first glance. To take a little of the mystery away, here’s a brief look at seven of the most common forms of guidance.
In its role in administering the tax laws enacted by the Congress, the IRS must take the specifics of these laws and translate them into detailed regulations, rules and procedures. The Office of Chief Counsel fills this crucial role by producing several different kinds of documents and publications that provide guidance to taxpayers, firms and charitable groups.
Seeking an independent tax opinion letter?
Tax controversy matter? Get expert tax help at 877-788-2937.
IRS Tax Relief Services: 2011 Q1 IRS tax developments
The following is a summary of the most important tax developments that have occurred in the past three months that may affect you, your family, your investments, and your livelihood. Please contact 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.
IRS has issued detailed guidance on the 2010 Tax Relief Act’s 100% bonus depreciation rules for qualifying new property generally acquired and placed in service after Sept. 8, 2010 and before Jan. 1, 2012. Overall, the rules are quite generous. For example, they permit 100% bonus depreciation for components where work on a larger self-constructed property began before Sept. 9, 2010, allow a taxpayer to elect to “step down” from 100% to 50% bonus depreciation for property placed in service in a tax year that includes Sept. 9, 2010, permit 100% bonus depreciation for qualified restaurant property or qualified retail improvement property that also meets the definition of qualified leasehold improvement property, and provide an escape hatch for some business car owners who would otherwise be subject to a draconian depreciation result.
Under the 2010 Tax Relief Act, a taxpayer that buys and places in service a new heavy SUV after Sept. 8, 2010 and before Jan. 1, 2012, and uses it 100% for business, may write off its entire cost in the placed-in-service year. A heavy SUV is one with a GVW rating of more than 6,000 pounds.
