Timely tax payment is an important responsibility of every citizen and in the long run amounts to a better society with better amenities. Tax deductions from the salary do hurt and many resort to tax evasion as a way out. It must be understood that while tax evasion might appear as lucrative way out for a short term, it is definitely not the solution. Professional guidance from credible and reliable tax solution firms can come to the rescue at the critical point. These solution providers not only help in filing tax returns on time but also deal with wage garnishment and bank levy which IRS can resort to as means to bring the unpaid tax backlog to the defaulter’s attention.
Many times we come across news that a certain Company has filed for bankruptcy or has shut down or has downsized its staff. One of the most probable reasons is the failure to pay or settle unpaid payroll taxes known as employment taxes or 941 taxes. The very words ‘payroll taxes’ have made many organizations grovel on their knees.
Have you received a Summons form 6637 from an IRS RO Revenue Officer? Do not delay your matter anymore, you have the right to be represented by a power of attorney, do not speak to the RO, kindly request their business card and inform them that a representative will contact them shortly.
For 941 payroll tax immediate help call us at 1-877-78-TAXES [1-877-788-2937].
Offer in Compromise
Often we feel a strange sense of desperation creeping in to our body, mind and soul that turns into a full scale panic attack. The reason…tax debts. It is not an uncommon fact; you are one of the millions of people each year who find that they owe taxes to the IRS. Tax professionals when asked for advice suggest “Offer-in-Compromise” as one of the ways to get relief from the taxes that one owes to the IRS.
HOW TO GET TAX DEBT RELIEF
One of the most inevitable and obligatory duty and yet most disliked one, of the American citizens is paying taxes. Even though it is disliked by many, refusal and negligence in doing so can be held accountable; in the harshest manner. Taxes are unavoidable. Period. They have to be paid. Turning a blind eye to pay taxes and filing income tax returns, is why the problem of taxes arises. If such problem arises, running from pillar to post will not help you. You will need a solid professional help in tackling tax debts. It is then people will most likely need a tax debt relief.
TAX AUDIT – DO IT SMOOTH
It is not uncommon for the IRS to conduct a tax audit on a company any uncalled day. The very news that the IRS would be paying a visit can cause undue, unnecessary stress for any individual/ organization. While a tax audit is just routine procedure conducted by the IRS, it has however gained a notorious reputation of being an extremely nerve wracking process for the taxpayer. To make the tax audit process an easy journey, the IRS is and has always made best of its attempt.
DIDN’T FILE BACK TAX RETURNS? DO IT NOW
Facing the back tax returns can sometimes overwhelm people. Many taxpayers, be it individuals and businesses, balk at the word ‘back tax returns’ because they owe Uncle Sam which quickly escalates as interest and penalties are assessed. Many taxpayers, be it individuals and businesses live in constant fear assuming the worst (most of the time in a dramatic way). Most of the time they just wait for the ‘back tax returns tsunami’ take over them or thinking that these problems will just go away. But that is not so. Tax problems do not just go away. These problems have to be faced head on because you never know that the problems you are tackling might just be an imagination or even worse bring you face to face with the dreaded IRS. Let’s just look at the pointers below to have a basic idea about what back tax returns are, what happens when you face them and so on.
Mike Habib is not a tax attorney, but a Circular 230 licensed tax professional. What does this mean for you? Mike is a professionally licensed EA Enrolled Agent with the IRS who has over 20 years of working in the financial and tax field. There are several ways to handle your tax issues. The best way is to set an appointment and allow our office to review your situation to see what the law allows us to do. The absolute worst thing you can do is to ignore your tax issue.
What is an Enrolled Agent?
An Enrolled Agent (EA) is a Federally Authorized Tax Practitioner who has technical expertise in the field of taxation and who is empowered by the United States Department of the Treasury to represent taxpayers before all administrative levels of the Internal Revenue Service for audits, collections, and appeals.
Our tax firm is led by Mike Habib, EA, the firm’s main office is in Whittier California, we provide professional tax services help for clients throughout Southern California including Norwalk, Santa Fe Springs, Downey, Pico Rivera, Montebello, Hacienda Heights, La Habra Heights, West Covina, La Habra, Brea, Fullerton, Yorba Linda, Cerritos, La Mirada, Lakewood, Anaheim, Santa Ana, Long Beach, Compton, Torrance, Los Angeles, Pasadena, Beverly Hills, Santa Monica and throughout Los Angeles County, Orange County, Corona, San Bernardino County, Riverside County, the Inland Empire, the San Fernando Valley and the San Gabriel Valley.
Most companies in any industry can only offer 2 of the 3 vitals, price, service or quality. Companies like McDonald’s, offer price and service, car maker BMW offers quality and service, and so on. Beware of companies trying to sell you on all 3, best price, best service and best quality, that will never happen in real life.
The US Senate is slated to take up competing tax relief bills, S. 3412, the Middle Class Tax Cut Act, which is supported by the Democrats, and S. 3413, the Tax Hike Prevention Act, supported by the Republicans.