Tax Relief Blog
Mike Habib, EA: Your Ally in Navigating Tax Problems
Tax issues can be a source of significant stress and confusion. Whether it’s unfiled tax returns, unpaid back taxes, tax audits and appeals, or 941 employment payroll problems, these issues can seem insurmountable. However, our representation firm led by experienced EAs, tax professionals specialize in these very problems.
Who are Enrolled Agents?
Enrolled Agents are tax professionals licensed by the U.S. Department of the Treasury to represent taxpayers before the Internal Revenue Service (IRS). They are the only federally-licensed tax practitioners who specialize in taxation and have unlimited rights to represent taxpayers before the IRS.
Contact us for professional tax help today!
Unfiled Tax Returns
Failing to file tax returns can lead to penalties, interest, and even criminal charges. Mike Habib, an Enrolled Agent can help you navigate this situation by preparing and filing your overdue tax returns. They can also help you understand the potential consequences and work with the IRS on your behalf to minimize penalties and establish a plan to prevent future late filings.
Unpaid Back Taxes
Owing back taxes can feel like a heavy burden. The IRS can place liens on your property, garnish your wages, or levy your bank accounts. Mike Habib, an Enrolled Agent can help you understand your options, such as setting up an installment agreement or submitting an offer in compromise. He can negotiate with the IRS on your behalf to establish a payment plan that fits your financial situation.
Tax Audits and Appeals
Being audited by the IRS can be intimidating. Mike Habib, an Enrolled Agent can guide you through the audit process, helping you understand your rights and responsibilities. He can represent you in meetings with the IRS, ensuring that your interests are protected. If you disagree with the audit findings, your Enrolled Agent can also help you file an appeal, representing your case to the IRS Appeals Office.
941 Employment Payroll Problems
Employers are required to file Form 941, the Employer’s Quarterly Federal Tax Return, 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. Errors or late filings can result in penalties and interest. Mike Habib, an Enrolled Agent can help you correct these problems, file amended returns if necessary, and represent you before the IRS to resolve any disputes.
The Value of a Mike Habib, an Enrolled Agent
Enrolled Agents bring a wealth of knowledge and expertise to the table. They must pass a comprehensive three-part exam covering individual and business tax returns, adhere to ethical standards, and complete 72 hours of continuing education every three years. This rigorous training ensures that they are well-equipped to help taxpayers navigate complex tax issues.
Tax problems can be daunting, but you don’t have to face them alone. Mike Habib, an Enrolled Agent can help you understand your situation, explore your options, and represent your interests before the IRS. With his expertise and guidance, you can resolve your tax issues and regain peace of mind.
The Enrolled Agent Advantage
Enrolled Agents are not just tax preparers; they are tax experts. Their comprehensive understanding of tax law and IRS procedures allows them to provide a level of service that goes beyond basic tax preparation. They can help you strategize to minimize your tax liability, ensure compliance with complex tax laws, and represent you in dealings with the IRS.
Confidentiality and Privilege
One of the benefits of working with an Enrolled Agent is the confidentiality that comes with the relationship. Under federal law, Enrolled Agents, like attorneys and CPAs, have unlimited practice rights. This means they are unrestricted as to which taxpayers they can represent, what types of tax matters they can handle, and which IRS offices they can represent clients before.
Moreover, the IRS recognizes the right of taxpayers to have privileged communication with their Enrolled Agents in certain situations. This privilege allows confidentiality between the taxpayer and the Enrolled Agent under certain conditions and in certain proceedings.
Proactive Tax Planning
Enrolled Agents can also provide proactive tax planning services. They can help you understand the tax implications of financial decisions and plan for future tax liabilities. Whether you’re considering a business expansion, planning for retirement, or dealing with a life-changing event like marriage or the birth of a child, an Enrolled Agent can provide valuable advice to help you make informed decisions.
Tax problems can be overwhelming, but with the help of an Enrolled Agent, they don’t have to be. These tax professionals have the knowledge, expertise, and authority to represent taxpayers before the IRS, helping them resolve their tax issues and regain peace of mind. Whether you’re dealing with unfiled tax returns, unpaid back taxes, tax audits and appeals, or 941 employment payroll problems, an Enrolled Agent can provide the representation and guidance you need to navigate these complex issues.
Contact us for professional tax help today!
