Rod's Blog

How to Lower the Taxes You Owe Before the End of the Year

Posted by Cailey Taylor on Dec 9, 2018 10:00:00 AM

The end of the year is usually the busiest time for taxpayers. You’re usually trying to get everything wrapped up and finished before the new year begins. One thing you should put on your list for the end of the year is to start calculating your taxes and if you will owe taxes when you file. If you find out you are going to owe taxes, there are some steps you can take to lower your tax liability. Tax planning is an important part of keeping your financials in line and can help you stay on track and make filing your tax return easier.

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Tags: Taxes, IRS Tax Lien, Tax Lien, Tax Levy, Sales Tax, Tax Court, Identity Theft, Tax Cuts and Jobs Act, tax extension, Audit, Tax Deductions, Tax Return, audit help, levy, Tax Help, Tax Law, CDP, Tax Scams, Liens, Wedding, Tax

IRS Tax Audits 101

Posted by Cailey Taylor on Dec 6, 2018 10:00:00 AM

Tax Audits are one of the most terrifying things a taxpayer can endure. Most taxpayers don’t know what being audited by the IRS entails and usually don’t know what to do if they are audited. IRS audits can be confusing to most taxpayers as most don’t know what the IRS is looking for when they determine who to audit each year and what they are looking for when they perform the tax audit. Tax audits can be a long and exhaustive process that examines every aspect of your financial history for the tax year in question. The average taxpayer won’t be audited in their lifetime, but that doesn’t mean it won’t happen to you. The best way to help yourself in a tax audit is to know why and what a tax audit means and to get a tax attorney to help represent you. Here is the information you need to know if you are selected for a tax audit by the IRS. Finding tax audit help can be hard but knowing the facts can make it easier.

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Tags: Tax Lien, IRS Tax Lien, Tax Levy, Tax Court, Liens, Tax Cuts and Jobs Act, tax extension, Tax Deductions, Tax Return, Audit, audit help, Tax Law, Tax Help

What Is Tax Law?

Posted by Cailey Taylor on Dec 3, 2018 8:30:00 AM

There’s two guarantees in life; death and taxes. Taxes help pay for schools, your roads, your police and fire department and other things you use every day. Depending on where you live, you can pay income tax, sales tax, property tax, capital gains tax, inheritance tax or even estate tax. Every year millions of taxpayers file their federal tax return and pay their taxes. But for thousands of others, they either don’t file their federal tax return, or they don’t pay the taxes they owe. This can be for several reasons, either they don’t have the money to pay, they forget, or they don’t know how to file their tax return. Not filing your tax return and not paying the federal taxes you owe, can create a large tax debt and make you put into collections with the IRS. This can lead to IRS garnishments such as a bank account levy, a wage garnishment, Social Security garnishment or lien. Here’s what you need to know about tax law and how it affects you.

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Tags: IRS Tax Lien, Tax Lien, Tax Levy, Sales Tax, Tax Court, Liens, Identity Theft, Tax Cuts and Jobs Act, Tax Help, tax extension, audit help, Tax Deductions, Audit, levy, Tax Law, CDP, Tax Scams, Tax, Tax Return

Closed Case Round Up: October Edition

Posted by Cailey Taylor on Oct 29, 2018 9:00:00 AM

Check out just a few of the FANTASTIC results achieved for our clients last month! This months closed case round up features a contractor whose severe health problems led to a large tax debt, plus a client who tried to resolve their tax issues on their own and ended up coming back to us for help.

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Tags: IRS Tax Lien, Tax Lien, Tax Levy, Student Loans, Sales Tax, Tax Court, Liens, Tax Scams, CDP, Tax Cuts and Jobs Act, Tax Law, Tax Help, tax extension, levy, audit help, Audit, Tax Deductions, Tax Return, Tax

Know The Difference: Tax Levy versus a Tax Lien

Posted by Cailey Taylor on Oct 22, 2018 9:00:00 AM

There is nothing scarier than going to your mailbox and seeing a notice of the IRS’s intent to levy you. Owing taxes can be scary enough, but when you add in the stress of being levied or having a lien placed on your property, it can be too much. If you have received notices from the IRS or you have been talking about possible problems with your taxes, you may have come across the terms Tax Levy and Tax Lien. The two are types of collection action used by the IRS to collect on an unpaid tax debt. They have some similarities and they both have stark differences you need to be aware of.

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Tags: Tax Court, Liens, Tax Cuts and Jobs Act, CDP, Tax Help, Tax Law, tax extension, levy, Tax Return, Tax Deductions, Tax, Tax Levy, Tax Lien, IRS Tax Lien

What Is A Revenue Officer & What Do They Do?

Posted by Cailey Taylor on Aug 14, 2018 9:58:00 AM

One of the biggest struggles we see with our clients is them trying to deal with a revenue officer by themselves. A revenue office is an IRS civil enforcement employee who works cases that involve an amount of money owed by a taxpayer or a delinquent tax return.  Their job is to collect tax debts on those cases the IRS has deemed significant. Usually individuals who owe more than $250,000 to the IRS will be assigned a revenue officer.

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Tags: Liens, Tax Deductions, Tax Return, Tax, Tax Help, tax extension, Tax Law, Tax Cuts and Jobs Act

How To Avoid Liens With The IRS

Posted by Cailey Taylor on Jun 15, 2018 11:00:00 AM

If you owe the IRS, you are at risk of liens being filed against you and your property. Liens can affect your credit score and your ability to refinance your home. The good news is there are options to try and prevent liens from being filed. The key is to take action now and show the IRS you are trying to settle your tax debt.

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Tags: Tax Law, Tax Help, levy, Liens

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