Tax Resolution Services

Tax problem resolution – get tax-iety relief today

February 1, 2023 | Mike Habib, EA

Tax anxiety, TAX-IETY, comes in different forms of tax problems such as:

What is an IRS audit tax-iety?

An IRS audit is a review or examination of an individual’s or organization’s tax return to ensure that the information is accurate and that the tax return is being filed in compliance with the tax laws. If the IRS finds errors or discrepancies in the tax return during the audit process, it may result in an adjustment to the tax liability and possibly additional taxes owed, penalties and interest. The IRS may conduct audits through various methods, including correspondence audits, in which the taxpayer is asked to provide additional documentation by mail, or field audits, in which an IRS agent visits the taxpayer’s place of business or home to review the tax return and related records in person. If you are selected for an IRS audit, it is important to cooperate with the process and provide the necessary documentation to support the information reported on your tax return.

Our Whittier, Los Angeles, CA tax representation firm represents audited taxpayers before the IRS & Appeals, contact us today at 1-877-78-TAXES [1-877-788-2937].

New year tax resolution – resolve your tax problem today

January 2, 2023 | Mike Habib, EA

Types of IRS tax problems and how to resolve them

There are many types of IRS tax problems that individuals and businesses may encounter. Some common tax problems include:

Failing to file a tax return: If you fail to file a tax return (1040, 1120, 1065, 941, etc.), you may be subject to penalties and interest for failure to file and for any unpaid taxes.

Owing back taxes: If you owe back taxes, personal income tax, corporate income tax, or employment 941 payroll tax, the IRS may take enforcement action, such as placing a lien on your property or garnishing your wages and levying your bank accounts.

Incorrect tax returns: If you make mistakes on your tax return, you may owe additional taxes, penalties, and interest. Amending your tax returns could correct these errors.

Disputing a tax bill: If you disagree with a tax bill, you can file an appeal with the IRS.

Tax evasion: Tax evasion is the deliberate attempt to avoid paying taxes. It is a federal crime punishable by fines and imprisonment.

The fierce tax representation you need

October 15, 2022 | Mike Habib, EA

Paying taxes is a necessary part of life, but dealing with the Internal Revenue Service (IRS) can be a daunting experience. The IRS is a powerful government agency with the authority to enforce tax laws, and they have the ability to impose penalties and even seize assets for non-compliance. This is why having fierce tax representation is critical in ensuring that your rights are protected and your interests are represented.

Fierce tax representation involves having a team of experienced professionals on your side who are willing to fight for your rights and defend your interests. This team can include Enrolled Agents, Certified Public Accountants (CPAs), and tax attorneys who specialize in tax controversy law and have extensive experience dealing with the IRS. They can provide guidance on tax planning, help you prepare and file tax returns, and represent you before the IRS and various state tax agencies such as FTB, EDD and CDTFA in the event of an audit or other serious tax-related matter.

Los Angeles Tax Services – Local tax firm serving all Southern California

October 3, 2022 | Mike Habib, EA

If you own a property, a business, or are employed, you’ll likely have to pay taxes. According to the 16th Amendment in our Constitution, individuals are required to pay taxes from income sources. Taxes can be broken down into three categories: what you purchase, what you own, and what you earn. Some may wonder why we have to pay them and for what purpose. They contribute to resources such as our government, educational systems, law enforcement, libraries, and others. However, individuals who fail to pay taxes can suffer penalties and potential criminal charges.

There is a substantial amount of time you have to file your taxes, but the process can seem hefty. With the help of Los Angeles tax services firms, you can receive information on your tax return, the amount you owe, and various resources for tax preparation service. Furthermore, there are different kinds of tax advisors that serve a purpose to fit your needs. Our Los Angeles tax services can become an essential part of the taxing process.

Call us today at 1-877-788-2937.

IRS Notice of Deficiency – Help Rights &Options

September 16, 2022 | Mike Habib, EA

Receiving an IRS Notice of Deficiency, also known as a “90-day letter,” is a serious matter that requires prompt attention. If you receive this notice, it means that the IRS has determined that you owe additional taxes and that you have 90 days to either pay the amount in full or file a petition with the U.S. Tax Court.

If you need tax representation, call us at 1-877-78-TAXES [1-877-788-2937].

Tax Help in Huntington Beach, CA: Navigating the IRS, FTB, CDTFA, BOE, and EDD

September 15, 2021 | Mike Habib, EA

Navigating the complex world of taxes can be a daunting task, especially when dealing with various government agencies such as the IRS, FTB, CDTFA, BOE, and EDD. For taxpayers seeking help in Huntington Beach, CA, understanding the intricacies of tax compliance and finding the necessary support can alleviate the stress that often accompanies tax season. In this article, we will explore the different agencies involved in tax matters and highlight the resources available in Huntington Beach to help individuals and businesses with IRS, FTB, CDTFA, BOE, and EDD-related tax issues.

For professional tax representation help call us at 1-877-788-2937.

Santa Ana – Anaheim – Irvine – Garden Grove – Costa Mesa- Mission Viejo – Westminster – Fullerton – OC Orange County, California

IRS to increase back tax collection, audit enforcement action

April 19, 2021 | Mike Habib, EA

If you have not filed your tax returns, or if you owe unpaid back taxes, employment 941/940 payroll tax, or could possibly be audited, the IRS is raising the bar and hiring more revenue officers and revenue agents.

Our tax firm assists taxpayers in getting compliant, resolving their unpaid back tax matter and represent you at audit and exam conferences to present your case for the best possible tax debt relief outcome.

Call us today for a free evaluation at 1-877-788-2937.

Los Angeles/Orange County, California Tax Service Help

February 1, 2021 | Mike Habib, EA

Tax Resolution Services

Los Angeles-Long Beach-Santa Ana Metropolitan SoCal area

Local tax helpline 877-78-TAXES [877-788-2937]

Tax Account Review – TAR or Discovery

October 1, 2020 | Mike Habib, EA

For Los Angeles, and all over America, individuals or businesses who are concerned about the information they receive from the Internal Revenue Service (IRS) about their taxes, a tax account review – TAR may be the answer. For those who have complicated tax forms to fill out, a proper review by tax professionals may shed light on their current situation. In fact, many individuals have benefited in ways from a review that has helped them to pay less in taxes and keep more in their pocket.

What is a Tax Account Review or TAR, Discovery?

As the name implies, it is a review of the tax returns and other information of an individual or a business with the IRS and or the state. The goal is to provide a clear, comprehensive report about the taxpayer status with the IRS. This means a thorough review of previous tax returns, an overview of the income and expenses incurred by the taxpayer, and discovery of any new tax rules or regulations that may alter the taxes which are paid.

Tax Problem Resolution Services

January 6, 2020 | Mike Habib, EA

Tax Problem Resolution Services

It all started with the Tea Party in Boston, when American colonists protested British taxes levied “without representation.” The IRS didn’t come into being until 1862, to handle our first national income tax, 3% of income, levied to fund the Civil War. That tax expired in 1872, but again in the early twentieth century, just before World War I, Congress passed the Sixteenth Amendment, which imposed income taxes again. They haven’t expired since.

In a 1935 Supreme Court decision, a judge ruled that, “Any one may so arrange his affairs that his taxes shall be as low as possible…There is no patriotic duty to increase one’s taxes.” Most Americans think that people who cheat on their taxes are morally reprehensible and not good citizens, but they try to reduce their own tax bills legally.

Today, federal, state and local taxes add up to nearly 25% of the US Gross National Product, so they’re pretty adamant that you pay up. You have to pay taxes on income, payroll, sales, capital gains, property you own, dividends, goods you import, estates and gifts, and some fees. Even non-resident citizens are taxed on worldwide income.

With all these taxes to pay, it’s no wonder that sometimes people fall behind.