Remove Wage Garnishment – With the Help of Hollywood Tax Resolution Professionals!
Hollywood Tax Lawyers Will Help You Break Free from IRS Tax Problems
Once you receive an IRS notification, do not procrastinate! Receiving such notices only means they have placed you squarely on their radar. Worst, the IRS will not stop badgering you until your outstanding tax liabilities have been paid for or a settlement has been reached. Before that, you are literally chained to your IRS Tax problems and the IRS will keep on hounding you! The IRS will not stop until the tax issue is finally resolved. Resolution of tax problems mat come through the IRS putting an IRS tax levy and/or an IRS tax lien on your assets should you choose to ignore their notices, or the IRS may accept your settlement proposal if you choose to opt in with any of their tax settlement options. Either way, it could be a harrowing experience for those who hardly understand (or choose to ignore) the grave implications of IRS notices. Seeking professional tax help from a Hollywood Tax Attorney, a Hollywood Tax Accountant, or a Hollywood Enrolled Agent is definitely the best option. These Hollywood Tax Resolution Professionals have the expertise and the experience to help you break free from your IRS Tax Problems!
IRS Tax Audit
A review made by the IRS on your tax returns is known as an IRS Tax Audit. The audit is designed to determine the veracity and accuracy of your reported income, reported expenses, and credits included, starting with a letter or a phone call notifying you to contact the IRS. It is best to seek the services of a Hollywood Enrolled Agent who can guide you. If you wish, you may even send your Tax lawyer or any Tax Resolution Professional in your stead for the IRS Audit!
Offer in Compromise
An Offer in Compromise (OIC) is an IRS program allowing taxpayers with unpaid tax debt to settle their tax liability for less than the amount originally owed. The OIC is meant for individuals who simply cannot pay for their tax liability or doing so may create burdensome financial hardships. The IRS normally accepts OICs where the amounts offered represents the most that they can expect to collect within a reasonable period of time. You should let experienced Tax Resolution Professionals help you prepare your OICs to increase the chances of getting them approved.
IRS Tax Levy
An IRS Tax Levy occurs when statutory authority is given to the Internal Revenue Service (IRS) to seize the property of a taxpayer in order to satisfy his tax liability without going to court. The levy concerning a taxpayer’s properties, including the monies in a bank account or a person's paychecks, remains in effect until a levy release is granted. To acquire a levy release, the services of a Tax Attorney is required.
IRS Tax Lien
An IRS Tax Lien is a legal claim or hold upon a property to insure the payment of outstanding tax liabilities. They are often served in connection with a tax levy. In effect, it freezes the personal or business accounts of the delinquent taxpayer. The frozen assets can not be removed until after the tax liability is paid. Tax Lien specialists can help you remove IRS liens and free your assets.
The IRS imposes stiff Tax penalties and Interests on unpaid tax liabilities that constitute as much as 25% of the total amount due. The IRS Penalty Abatement program allows delinquent taxpayers to have these penalties reduced or removed from their tax liability, thereby lifting a huge financial burden off their tax liability. Reliable Enrolled Agents can help you reach a Tax Settlement with the IRS under this program which is financially favorable to you.
Unfiled Tax Returns
Whenever individuals or businesses do not file their tax returns, they have what is known as unfiled tax returns. Whatever the reasons are for not filing these tax returns, assistance is available in rectifying the situation. Our professionals will help you file all delinquent tax returns, and help you claim all of the deductions, exemptions and credits you are entitled to, and get you your refund if applicable.
Common IRS Tax Problems and Why You Seek Professional Tax Help
Common IRS Tax Problems encountered by Hollywood taxpayers include:
•IRS Levy where taxpayers’ assets are seized
•Bank Account Levy
•IRS Lien against Taxpayer
•Audit Notice received by taxpayer
•Unfiled Tax Returns
Finding yourself faced with any of the above Tax Problems can be a nightmarish experience. For one thing, IRS is known to be relentless in pursuing the collection of unpaid taxes. They are also known to be ruthless at times and have sent people to jail for various tax related offenses! On top of that, our tax laws are quite complicated for the ordinary taxpayer to understand much less comply with – they were made by lawyers for lawyers. It is therefore more convenient to solicit a Hollywood Tax lawyer or any experienced Hollywood Enrolled Agent to help you secure immediate Tax Relief solutions and avoid the agony of crossing swords with the IRS all by yourself!