EDD audits employers for various employment controversies, mostly how California employers classify their employee versus independent contractor status.
We represent employers facing EDD audits and exams, employers normally receive an initial letter, simple survey type of correspondence, that usually leads to a complicated EDD audit that could result in tens or hundred of thousands of tax dollars due to EDD from the employer. Call us today at 877-788-2937 for a free evaluation.
Bеlоw іѕ a list оf thе mоѕt соmmоn problems arising frоm unраіd back taxes and ѕоlutіоnѕ tо dealing wіth unpaid bасk tаxеѕ? If уоu dо nоt know thе bеѕt solution tо уоur tаx problem, here is more information аbоut thаt рrоblеm аѕ wеll аѕ possible solutions for dеаlіng wіth thаt problem.
Get a free case evaluation today 877-788-2937.
Dear Clients:
The following is a summary of important tax developments that have occurred in the first three months of 2018 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.
Taxes are fees or charges imposed by the federal and state agencies on its citizens and businesses based upon transactions (income, sale or transfers) or property value to finance government activities. It is the duty of a citizens and businesses to pay and file taxes and because various tax laws and codes can be difficult to understand, people often look out for tax help when the tax time rolls around. When faced with huge fines and fees on taxes owed, you really should seek tax help and appeal to the IRS, FTB, EDD, CDTFA, BOE with resolution solutions right for you. Owing back taxes is stressful and can negatively affect every aspect of your life. The crux of the matter is not knowing what may or will happen to you once the IRS has total control over the situation and your assets. As intimidating and scary as the IRS may seem, you do have rights as a taxpayer to seek help and representation and you should not let your rights be trampled or violated. By obtaining tax help from a reputable professional, EA, attorney, or CPA for your back taxes, audits, and appeal, you can be assured you won’t be taken advantage of.
Get a free case evaluation at 877-788-2937.
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.
The average person only has a 1 percent chance of being selected for an IRS audit. That’s one drawing you don’t want to win! If you have been chosen, though, it’s important not to panic. How you respond to an IRS audit request can have a big impact on the outcome of the process in your tax defense.
While an IRS audit is undoubtedly stressful and can be a painful, lengthy process in some cases, following these tips will help you get through it:
Not every notice from the IRS is an official audit, but it’s easy to panic when a letter arrives from them. Take your time to read the letter from start to finish. If they are simply requesting verification of something in your taxes, provide the information promptly. You may be able to avoid a formal IRS audit altogether if you respond appropriately in a timely manner as part of your tax defense.
The IRS needs no introduction. However, the IRS is a United States Government body that oversees the collection and processing of taxes of varying kinds from individuals, businesses and corporations. The federal IRS tax lien is filed on taxpayers with unpaid back taxes, is an enforcement taskmaster holding individuals, businesses and corporations accountable for the taxes that are owed to the country. Our Los Angeles based tax representation firm assists clients in SoCal, Long Beach, Santa Ana and all other states in tax controversy matters.
On the other hand; Angelinos, US citizens, businesses and corporations mostly understand and fulfill their tax paying duties with sufficient help from EA, CPAs, tax lawyers and the IRS; that is more than happy to guide those that require guidance pertaining to back tax payments to avoid federal IRS tax lien.
Penalty abatement is a form of tax debt relief you can avail to significantly reduce the total taxes you owe the IRS.
What is Penalty Abatement?
If you have a tax debt, the IRS will calculate and add penalties & interest on the amount owed. The penalties include a ‘failure to file’ penalty if you have failed to file your returns on time (including extensions), a ‘failure to pay’ penalty if the tax amount has not been paid in full and which is calculated on the basis of the amount you owe. These two penalties are charged on a monthly basis for the entire period until resolution. Further the IRS charges a daily interest on the tax amount you owe. All in all, the each penalty may contribute up to 25% of your total tax bill.
If your failure to pay taxes has been due to financial difficulties, such difficulties are further compounded by the penalties, which continuously keep adding to the total tax debt. So penalty abatement is an option you should definitely consider to achieve some degree of tax debt relief. As professional enrolled agent, Mike Habib is a tax relief expert and can guide you in this matter if you do not feel confident enough to handle it on your own.
Get a free evaluation of your case at 877-788-2937.
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. Get IRS tax help today by calling us at 877-788-2937.
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 and get tax help to have the matter resolved.
IRS Urges Travelers Requiring Passports to Pay Their Back Taxes or Enter into Payment Agreements;
People Owing $51,000 or More Covered
The Internal Revenue Service today strongly encouraged taxpayers who are seriously behind on their taxes to pay what they owe or enter into a payment agreement with the IRS to avoid putting their passports in jeopardy.
This month, the IRS will begin implementation of new procedures affecting individuals with “seriously delinquent tax debts.” These new procedures implement provisions of the Fixing America’s Surface Transportation (FAST) Act, signed into law in December 2015. The FAST Act requires the IRS to notify the State Department of taxpayers the IRS has certified as owing a seriously delinquent tax debt. See Notice 2018-1. The FAST Act also requires the State Department to deny their passport application or deny renewal of their passport. In some cases, the State Department may revoke their passport.
Get a free brief case evaluation by calling us at 877-788-2937. Don’t let the IRS ruin your life, call today!
Tax Relief Blog