Tax Relief Blog

FTB Back Tax Representation – Get Help

November 28, 2022 | Mike Habib, EA

If you were to ask most Californians if they knew what the IRS does, most of them would know exactly what you were talking about. However, if you were to ask the same people if they knew what the California FTB does, I would guess a small number of them would know.

The answer to the question of what the FTB does is? Is quite simple, they are tasked with collecting all of the income taxes assessed by the state of California. The FTB or Franchise Tax Board was created to replace the office of the Franchise Tax Commissioner that was abolished in 1950.

Get FTB help, call our Los Angeles based tax representation firm today at 1-877-78-TAXES [1-877-788-2937].

Back taxes help – IRS-FTB-EDD-CDTFA

November 18, 2022 | Mike Habib, EA

Owing back taxes to the IRS or state FTB, EDD, CDTFA can be overwhelming and stressful. It’s not uncommon for individuals and businesses to fall behind on their taxes due to various reasons, such as financial hardship or a lack of understanding of tax laws. However, ignoring the problem can lead to serious consequences, including wage garnishment, bank levies, and even seizing assets.

If you’re in this situation, it’s essential to seek professional help to resolve your back taxes. A tax professional (EA, CPA, Lawyer) can help you navigate the process, negotiate with the IRS or state on your behalf, and help you get back on track.

FTB Audit Representation by California State Taxing Authority

October 28, 2022 | Mike Habib, EA

In case you were not aware of what the FTB is, it is the California board that is responsible for collecting all of the personal income tax and business franchise taxes that are assessed every year for people and companies in California. Formed in 1950, the board replaced the original Franchise Tax Commissioner that was created by the original California Constitution.

The board uses several methods to collect owed taxes. The most frustrating method is the audit and if you receive an exam notice in the mail, you better take it seriously. This should include your right for CA FTB Audit representation. Our tax representation firm can help you get the best possible outcome from your audit.

The CA FTB is made up of three individuals that hold specific positions in the state government. The people who have these three positions are who make up the Franchise Tax Board; California State Controller, Chair of the Board of Equalization, and Director of the Department of Finance.

Betty T. Yee (State Controller)

Malia M. Cohen (Chair of the Board of Equalization)

Joe Stephenshaw (Director of the Department of Finance)

Get FTB help, call our Los Angeles based tax firm today at 1-877-78-TAXES [1-877-788-2937].

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].

IRS Audit & Appeals Help – How the Inflation Reduction Act Affects

September 1, 2022 | Mike Habib, EA

Although the 2022 Inflation Reduction Act (IRA) was touted as being a bill designed to reduce inflation, it carries with it considerably more baggage. In particular, the expansion of the IRS and it tax enforcement arm will result in more taxpayers seeking IRS audit & appeals help as it comes into effect starting next year.

Understanding the expansion of the IRS and how it affects you will assist in reducing the chances that you will be audited. But keep in mind that this expansion will take years to complete. This means that over the next few years, your chances of being audited will rise as more revenue agents are being hired.

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

How to release or withdraw an IRS tax lien

August 19, 2022 | Mike Habib, EA

An IRS tax lien is a legal claim by the Internal Revenue Service (IRS) against a taxpayer’s property, including real estate, personal property, and financial assets, to secure payment of the taxpayer’s tax debt. If you have an IRS tax lien, you may be able to have it released or withdrawn by the IRS if you meet certain requirements.

Need tax help or professional representation? Call us today at 1-877-788-2937.

Unpaid payroll taxes Help – Los Angeles, CA local representation firm

August 1, 2022 | Mike Habib, EA

According to the most up-to-date US Tax Code, all US-based business employers are required to file employment 941 / 940 Payroll Tax forms with the IRS every quarter and year-end at a prescribed date. These employment reporting forms goes along with all of the necessary payments that are made to the IRS throughout the year. When a Los Angeles, CA business employer runs afoul of the IRS, it is very important to know that it is serious and you should seek out professional help from a representation firm that knows how to handle unpaid payroll taxes help. These tax professionals can be your best friend when it comes to dealing directly with the IRS.

Get employment tax help today 1-877-788-2937.

Tax Preparation Expert in Santa Fe Springs, California

July 1, 2022 | Mike Habib, EA

Are you in need of a tax preparation expert in Santa Fe Springs? More than enabling your problem to grow and acquire more fees, penalties and fines, we can help you with your business bookkeeping and tax preparation needs. We are a firm with experts in auditing and resolving IRS issues, we can help you find solutions to your tax problems. You need an expert in tax preparation services in Santa Fe Springs in California to enable your business to find the appropriate tax resolution and get help.

Call us today at 562-204-6700.