Tax Relief Blog

2017 year-end tax planning letter

November 20, 2017 | Mike Habib, EA

Dear Client:

Congress appears poised to enact a major tax reform law that could potentially make fundamental changes in the way you and your family calculate your federal income tax bill, and the amount of federal tax you will pay. This letter is designed to help you cope with the changes Congress is hammering into shape right now—to take advantage of tax breaks that may be heading your way, and to soften the impact of any crackdowns. Keep in mind, however, that while most experts expect a major tax law to be enacted this year, it’s by no means a sure bet. So keep a close eye on the news and don’t swing into action until the ink is dry on the President’s signature of the tax reform bill.

Client tax planning letter – fall 2017

October 17, 2017 | Mike Habib, EA

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).

WAGE LEVY – Stop the IRS Garnishment Nightmare

September 22, 2017 | Mike Habib, EA

One of the worst nightmares one could ever face is “IRS Wage Levy”. Also known as “IRS Wage Garnishment”, it is a reality check, taxpayers feel it as a real slap on their face. The sooner you resolve it and release it, the better for you.

What is wage levy, garnishment, attachment? How to stop it?

In technical terms, wage levy/garnishment is an order issued by the IRS, FTB, EDD, BOE to your employer to withhold your hard earned money from your paycheck because of unpaid back taxes or unfiled tax returns, basically it means that you owe money to the IRS or the state and are not paying. And when such situation arises they have the right to levy/garnish or take a large percentage of your salary/wages. Wage levy/garnishment is usually the last resort but an effective lethal weapon used by the tax agency to collect unpaid taxes from you. Most taxpayers retain the services of a tax relief expert like an EA, CPA, or tax lawyer to release their wage and or bank levy.

Release your tax levy today! Get a free evaluation of your case at 877-788-2937.

Houston Texas IRS Tax Relief

August 29, 2017 | Mike Habib, EA

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 877-788-2937.

Tax problem resolution infographic by Mike Habib EA

August 14, 2017 | Mike Habib, EA

Tax Problem Resolution infographic by Mike Habib EA, Back taxes Help, IRS Audit Help, Unfiled Tax Returns Help

Tax Problem Resolution infographic by Mike Habib EA

Calling on taxpayers facing back tax problems, taxpayers being audited by the IRS or the state, taxpayers with delinquent and unfiled tax returns, releasing tax levies, tax liens and businesses facing 941 payroll tax problems. We can resolve your tax problem and offer you peace of mind. Call us today at 877-788-2937.

Client tax update letter – summer 2017 back taxes collection

July 17, 2017 | Mike Habib, EA

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).

Bitcoin cryptocurrency tax treatment virtual currency IRS US Tax

June 15, 2017 | Mike Habib, EA

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.

Stop your IRS wage garnishment – How to guide for IRS levy release

May 1, 2017 | Mike Habib, EA

Want to stop a wage garnishment by the IRS? Do you owe the IRS back taxes?

If you have received multiple collection notices, and ignored all of them, the IRS will end up levying and garnishing your wages and attaching your paycheck. There are ways to stop the garnishment and get the levy released.

The good news is you have options, and you have rights. We can release your wage garnishment and resolve your back taxes for good. Don’t let the IRS ruin your life, especially if you are facing financial, family or medical hardship. The IRS can levy all sources of income, such as social security, pension, W2 company pay, 1099 self employment income and more.

To release your IRS wage garnishment: call us today at 877-788-2937.

IRS troubles? Lien, Levy, Garnishment. How to know it’s really the IRS knocking on your door.

April 19, 2017 | Mike Habib, EA

In an Information Release, IRS has announced that it has created a special new page on its website (irs.gov) to help taxpayers determine if a person visiting their home or place of business claiming to be from the IRS is legitimate or an imposter. Most of this information is also contained in a contemporaneously released Fact Sheet.

Tax letter – spring 2017 – tax settlements, employment IRS lien, 941 levy help

April 12, 2017 | Mike Habib, EA

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.