Archive for 'Tax Debt Problems'
How To Reduce Back Taxes
Reduce Back Taxes Owed There’s no shame in owing back taxes but doing nothing about it makes things much, much worse. The IRS knows there are billions of dollars in unpaid income taxes each year and if you’re reading this, chances are the IRS is now coming after you. If you owe unpaid back taxes, [...]
Full StoryWhat Is A Federal Tax Lien?
What is a Federal Tax Lien? The IRS is divided into several divisions. And one of those divisions—the Collection Division—is responsible for a Federal Tax Lien and enacting something the IRS refers to as an enforced collection. An enforced collection refers, essentially, to any action that goes beyond what most people would consider conventional. Most [...]
Full StoryInterrupting IRS Wage Garnishment
Has the IRS brought a wage garnishment against you? This garnishment can be interrupted in one of two ways. One, it can be interrupted simply by settling your tax debt in a timely manner. And two, it can also be interrupted by negating the impact of the levy relating to your financial situation. Unsurprisingly, the [...]
Full StoryIllinois Tax Amnesty Program: Visionary
The Illinois tax amnesty program, which ended in November brought the State of Illinois more than $717 million in unpaid taxes Gov. Pat Quinn’s office announced. The Illinois tax amnesty program gave Illinois taxpayers a welcome break by not charging any interest or penalties for previously unpaid taxes as long as you paid them by [...]
Full StoryFederal Tax Lien
Federal Tax Lien If you owe the IRS money, there are a couple ways they can get what they want out of you. This can be from wage garnishment, levies or a federal tax lien. A federal tax lien is a legal claim on your property, which is then used as security or payment for [...]
Full StoryTax Attorneys vs CPA vs Enrolled Agent
Hiring A Tax Attorney Hiring the right tax attorney for your personal or business IRS tax issues is critical. Finding an experienced tax attorney can translate into money for your bottom line. Your goal should be to form a long-term relationship with your tax attorney so you have someone to call any time you need. [...]
Full StoryIRS Wage Levy – Tax Attorneys
IRS Wage Levy If there’s one thing everyone knows about the IRS is its power to collect from taxpayers. The idea of owing the IRS is very scary because we know that they have different tools for getting what they want. They can take away our homes, vehicles, bank accounts and other real property. There [...]
Full StoryTax Audit Protection – Tax Audit Reconsideration
Tax Audit Protection – Tax Audit Reconsideration The idea of getting audited by the IRS can be very scary, so it is important that you know your rights. You should also be knowledgeable about situations that can cause an auditing of your taxes to take place. If you are worried about receiving an audit notice [...]
Full StoryFile Back Taxes and Unfiled Tax Returns
Warning! If you have received a certified letter from the IRS, contact us immediately. If certain steps are not followed, you could lose your rights. Get Rid Of Your Tax Debt For As Low As $500 Call 1-800-341-0411 Free Tax Consultation File Back Taxes – Unfiled Tax Returns The longer you wait to begin [...]
Full StoryWage Garnishment Attorneys – Loop Law Firm
Warning! If you have received a certified letter from the IRS, contact us immediately. If certain steps are not followed, you could lose your rights. Get Rid Of Your Tax Debt For As Low As $500 Wage Garnishments The IRS isn’t the only agency allowed to garnish your wages. If you are behind on [...]
Full StoryIRS Tax Levy – Tax Liens
IRS Tax Levy – Tax Liens Anyone who receives an IRS levy notice can be sure that they’re now involved in a legal battle for their personal belongings with an IRS Levy. Not many people really understand the severity of a tax levy. If you’ve ever heard of a tax lien, then you already have some [...]
Full StoryChicago IRS Tax Audit Attorney
Chicago, Illinois IRS Tax Audit Attorneys We are experienced tax audit attorneys that helps settle IRS tax audit problems for taxpayers in Chicago, Illinois and nationwide. If the IRS or an Illinois tax authority has contacted you, it is not a time for panicking but it is definitely time to be concerned. Based on decades [...]
Full StoryTop 10 Tax Deductions Taxpayers Could Claim
Each year Illinois tax attorneys and taxpayers alike miss plenty of opportunities to lower their taxes. Here is a list of the top 10 tax deductions taxpayers should consider.
Full StoryTax Debt Relief – Real Life Stories
Our clients allow us to use their real names and stories — and they even gave us pictures! — because it is tough to know who’s telling the truth these days. They have done this to help YOU! Please respect their privacy. Here is the story of John Leach who owed $56k and payed nothing! [...]
Full StoryUnfiled Tax Returns
Unfiled Tax Returns In Chicago, Illinois Filing your tax returns is serious business and shouldn’t be taken lightly. If you have an unfiled tax return or years worth of late tax returns, you should immediately get them filed. By not filing late taxes, the IRS can legally attempt to collect the tax debt from you [...]
Full Story
