Tax Relief Blog

Navigating Business Tax Services in Whittier, California

March 29, 2024 | Mike Habib, EA

In the bustling city of Whittier, California, businesses face a myriad of tax-related challenges that can significantly impact their operations and financial health. From business tax preparation to dealing with unpaid back taxes and navigating complex audits, the tax landscape can be daunting. This article aims to provide a detailed overview of various business tax services, focusing on the needs of businesses in Whittier, California, and how they can effectively manage their tax obligations.

Get professional help today by calling 562-204-6700

Navigating Tax Relief Services in Whittier, California: A Lifeline for Taxpayers

March 15, 2024 | Mike Habib, EA

In the bustling city of Whittier, California, individuals and businesses alike face the daunting task of navigating the complex world of taxes. From unfiled tax returns to unpaid back taxes, and from employment 941 payroll issues to the intimidating process of IRS, FTB, EDD, and CDTFA audits, the challenges can seem insurmountable. However, tax relief services offer a beacon of hope, providing expert guidance and support to those in immediate need.

Get representation today by calling 562-204-6700.

Tax Services by Mike Habib, EA: From Preparation to Resolution

March 1, 2024 | Mike Habib, EA

Comprehensive Tax Services: From Preparation to Resolution

Tax services by Mike Habib, EA encompass a wide range of professional assistance related to tax compliance, planning, and dispute resolution. Whether you’re an individual taxpayer or a business owner, navigating the complex world of taxation often requires expert guidance. This article explores four key areas of tax services: tax preparation for individuals and businesses, IRS and state tax audit representation, back tax debt resolution, and payroll 941 employment tax representation.

Get professional tax help by calling us at 1-877-78-TAXES [1-877-788-2937].

Navigating IRS Bank Levies, Back Taxes, and Unfiled Tax Returns

February 23, 2024 | Mike Habib, EA

Facing the IRS can be a daunting experience, especially when dealing with unpaid back taxes, unfiled returns, and the looming threat of bank levies. For many, the stress and confusion surrounding tax debt can feel overwhelming. However, it’s crucial to understand that there are avenues available to navigate this complex terrain. In this comprehensive guide, we’ll delve into the intricacies of IRS bank levies, the repercussions of unpaid back taxes and unfiled returns, and the invaluable role of professional representation in resolving these issues.

Tax levies, liens representation – getting professional tax relief help

February 9, 2024 | Mike Habib, EA

When the Internal Revenue Service (IRS) imposes a wage or bank levy, it can create a significant financial strain on individuals and businesses alike. A levy is a legal seizure of property to satisfy a tax debt, and when it comes to wages or bank accounts, the impact is direct and immediate. However, there are avenues for obtaining relief from these levies, and understanding these options is crucial for those affected.

Get professional representation help today 1-877-78-TAXES [1-877-788-297].

Understanding IRS Levies

How to Get the California Franchise Tax Board to Accept Your Offer in Compromise

January 26, 2024 | Mike Habib, EA

The Offer in Compromise (OIC) is a powerful tool for taxpayers who are unable to pay their full tax liability. It allows taxpayers to settle their tax debt for less than the full amount owed, potentially saving them significant amounts of money. However, getting an OIC accepted by the California Franchise Tax Board (FTB) can be a complex and challenging process. This article will guide you through the steps to increase your chances of getting your OIC accepted by the FTB.

Get professional help today 1-877-78-TAXES [1-877-788-297].

How to Get Your Offer in Compromise Accepted by the IRS

January 12, 2024 | Mike Habib, EA

An Offer in Compromise (OIC) is a lifeline for taxpayers who are unable to pay their tax debt in full. It’s an agreement between a taxpayer and the Internal Revenue Service (IRS) that settles the taxpayer’s tax liabilities for less than the full amount owed. However, getting an OIC accepted by the IRS is not a walk in the park. The IRS accepts only a fraction of the OIC applications it receives each year. This article provides a roadmap on how to increase your chances of getting your OIC accepted by the IRS.

Get professional help today 1-877-78-TAXES [1-877-788-297].

Navigating EDD Tax Audits: The Benefits of Professional Representation

January 7, 2024 | Mike Habib, EA

EDD audit representation

Tax audits can be a daunting experience for any taxpayer, and when it comes to the Employment Development Department (EDD) audits, the stakes can be particularly high. The EDD is responsible for administering unemployment and disability insurance, payroll tax collection, and job training/workforce services in California. An EDD tax audit focuses on ensuring that businesses comply with CA state payroll tax laws, which can be complex and multifaceted. This article will explore the intricacies of EDD tax audits and the significant advantages of having professional representation during the process.

We handle all of the intricate details of the audit process and negotiation to free you up to do what you do best – run your business. Get a free case evaluation today at 877-788-2937.

Employment 941 Tax Problems and How an Enrolled Agent Can Help

December 29, 2023 | Mike Habib, EA

Employment taxes can be a complex area for businesses, especially when it comes to Form 941, the Employer’s Quarterly Federal Tax Return. This form is used to report income taxes, social security tax, or Medicare tax withheld from employee’s paychecks, and to pay the employer’s portion of social security or Medicare tax. However, mistakes can happen, and when they do, they can lead to significant tax problems. This is where an enrolled agent can step in to help.

Understanding 941 Tax Problems
Several issues can arise with Form 941. These can include failing to file or pay on time, making errors on the form, or not depositing taxes when due. These mistakes can result in penalties and interest, compounding the amount owed.

We assist in business employment 941/940 payroll tax compliance and representation. Call us today at 1-877-78-TAXES [1-877-788-2937].

Top 10 Tax Planning Concepts for W-2 Earners

December 15, 2023 | Mike Habib, EA

Top 10 Tax Planning Concepts for W-2 Earners

As a W-2 earner, understanding tax planning concepts can help you maximize your tax savings and ensure you’re making the most of your income. Here are the top ten tax planning concepts you should know.

1. Understanding Your W-2 Form
Your W-2 form is a crucial document that outlines your income and the taxes withheld from your paycheck. Understanding each box on this form can help you accurately file your taxes and avoid potential issues with the IRS.

2. Adjusting Your Withholdings
If you consistently owe money at tax time or receive a large refund, you may need to adjust your withholdings. By ensuring the correct amount is withheld from each paycheck, you can avoid a large tax bill or loaning the government money interest-free.

We assist individual taxpayers with tax compliance, preparation, planning and representation. Call us today at 1-877-78-TAXES [1-877-788-2937].