Tax Relief
Tax Tiger is deeply committed to helping individuals and businesses resolve a wide variety of IRS tax related challenges. This is our mission and our passion. After listening to you carefully and asking questions about your unique situation, we will explain your options in terms that are easy to understand. We will also recommend the solution that we believe is in your best interest.
Tax Tiger is proud of our unparalleled track record helping our clients in the area of the Offer in Compromise, which is an IRS program designed to help qualifying individuals and companies substantially reduce the amount of taxes they owe to the IRS. In addition, we offer a variety of additional tax resolution services to address every situation. These include: setting up affordable payment plans that work within our clients’ budgets (rather than having the IRS impose a monthly payment program that can leave a taxpayer unable to meet their monthly living expenses.) We also prepare back tax returns, help to lower/remove penalties and interest, make sure IRS liabilities are accurate, ensure IRS examinations (audits) are done fairly and accurately, research tax matters, stop IRS wage garnishments, end bank levies, remove IRS tax liens, prevent property seizure, remove penalties, work to place clients into “currently non collectable status” so IRS collections will halt for an extended period of time, and much more.
At its core, Tax Tiger is a company that can help with every aspect of the tax relief process. Whether you’re simply seeking IRS wage garnishment help, or in dire need of an experienced team of IRS tax lawyers, Tax Tiger offers an individualized, efficient and ethical service to each client seeking help. Our IRS lawyers and other qualified staff members can offer assistance with complicated bank levies, small business tax issues, delinquent tax returns and explain the ins and outs of an IRS lien. It’s not just the experience and qualifications of our IRS tax attorneys that make our company special; it’s our client relationships, passion for helping people, and continued proven success that creates an unmatched, highly enviable tax resolution service.Since 2002 Tax Tiger has saved taxpayers over 120 million in back taxes, penalties and interest. That means our clients are only paying about four cents to every dollar they owe to the IRS. We boast an A+ rating with the Better Business Bureau and are committed to keeping our numbers high, our customer satisfaction perfect, and doing our absolute best to help each person reach financial freedom and peace of mind.
Tax Tiger services the entire United States from office locations in Sacramento, California; the San Francisco Bay Area, San Diego (Carlsbad) and Orange County; Denver, Colorado and Minneapolis / St. Paul, Minnesota. To find out more about how Tax Tiger can help, get in touch by visiting our contact page and filling out our convenient online form.
TAX PROBLEMS
SOLUTIONS
- Back Tax Relief
- Innocent Spouse Relief
- Unfiled Delinquent Tax Returns
- Payroll Tax Liability
- Tax Trouble
- IRS Bank Levy
- Notice of Federal IRS Tax Lien
- Stop IRS Wage Garnishment
- Bank Levy Release
- IRS Audit Representation
- Payroll and Trust Fund Recovery Penalties
- Tax Relief Attorneys
- IRS Tax Secrets
- IRS Tax Payment Plans
- Wage Garnishment Release - Same Day
- Federal Tax Lien Release
- IRS Tax Offer in Compromise
- Unfiled Tax Returns & Back Tax Help
- IRS Tax Resolution Help
- IRS Penalty Abatement
BACK TAX RELIEF
IRS tax burdens can add huge amounts of stress to your daily life. This is especially true if you cannot afford to pay what back tax you owe, and are aware that interest and penalties are constantly adding to the amount you owe. People who are self-employed are especially vulnerable to creating an IRS back tax liability because of the necessity to set aside funds for estimated tax payments throughout the year. No matter how bad you think your IRS taxes owed situation is, help is available. Both individuals and businesses can get help with their back tax problems. There are several companies that claim to be able to help with your back taxes, and tax advisors, tax attorneys and tax law firms can be found all over the internet, but they may not actually be qualified to help you.
If you avoid paying back taxes, the IRS will enforce collections. The IRS can force your employer to garnish your wages and send significant portions of your checks to the IRS. Help for your back tax problem can consist of many forms. Working with the IRS to establish payment plans, filing an offer in compromise to resolve the liability, the filing of old returns, innocent spouse requests, and getting the IRS to lift liens, are all available services we offer. The problem is that only qualified, dedicated and experienced professionals are likely to succeed in obtaining the relief you need.
Get the Back Tax Help You Need
Large tax law firms are certainly qualified to help with your back taxes, but they may not have the time to do so. Large law firms make the most money from representing large companies or very wealthy individuals. Small businesses and less wealthy individuals are often a lower priority for such firms. Solo tax attorneys may be qualified to assist you, but lack the experience necessary to successfully navigate the issue with the IRS. Qualified companies with experience and the desire to help regular taxpayers may be the most helpful.
At Tax Tiger, our team of tax professionals can help you pay your back taxes. Resolving tax issues with the IRS is often a frustrating and time-consuming task for non-professionals. Beyond qualifications, Tax Tiger focuses on customer service. We invite you to check our record with the Better Business Bureau and read testimonials of past clients.
Give us a call to see how we can help you!
INNOCENT SPOUSE RELIEF
Many married taxpayers choose to file a joint tax return because of certain benefits this filing status allows. Both taxpayers are jointly and individually responsible for the tax and any interest or penalty due on the joint return even if they later divorce. This is true even if a divorce decree states that a former spouse will be responsible for any amounts due on previously filed joint returns. One spouse may be held responsible for all the tax due even if all the income was earned by the other spouse.
In some cases, a spouse will be relieved of the tax, interest, and penalties on a joint tax return.
Three types of relief are available.
1. Innocent spouse relief.
2. Separation of liability.
3. Equitable relief.
Each type of relief has different requirements. We will determine if you qualify for that type of relief. You can only qualify for equitable relief if you do not qualify for innocent spouse relief or relief by separation of liability.
Married persons who file separate returns in community property states may also qualify for relief. Contact us for more information if you feel this may be an option for you!
NON-FILED TAX RETURNS AND BACK TAX HELP
For years you haven’t filed any tax returns, did you not file your returns because you couldn’t pay the taxes owed? You’re not alone! Businesses, adults and even some young people earning money must file tax returns each year. Failure to file can cause huge problems. Repercussions of delinquent tax returns can pop up years later, even when you’ve forgotten about them. Failure to file one year can cause the IRS to keep a refund you are owed for the next year as well! Other consequences are much more serious. Don’t wait for the IRS to contact you, and don’t let the IRS prepare a return for you, it’s not in your best interest. They will use the highest tax rate when they prepare your unfiled delinquent tax returns for you.
If the IRS has not yet notified you, they will catch up to you sooner or later. Computers are becoming more sophisticated with technology and the sharing of data. The IRS may also seek to impose a criminal offense for failure to file tax returns as required. When you do file your returns, the tax returns must be accurate and truthful. If false returns are detected by the IRS, a fraud referral to the Criminal Investigation Division will be generated. Failure to file returns is a FELONY and subject to criminal and civil penalties. This means that you can go to prison, pay substantial penalties and be financially destroyed. Willful failure to file returns can result in a punishment of one year in jail and a $25,000 fine ($100,000 in the case of a corporation).
Delinquent tax returns should be filed immediately, even if you cannot afford to pay the taxes owed. While filing delinquent returns without paying the bill will cause interest and penalties to begin accruing, failure to file on-time dramatically increases these penalties. These combined penalties can be as high as 25 percent of the taxes owed! When you do file, you must prepare and file tax returns that are accurate and truthful as the returns will be examined by the IRS. We can guide you to becoming current with your tax return filing obligations and then analyze your situation to determine the best course of action. For many taxpayers, this tax resolution typically leads to an Offer in Compromise.
PAYROLL TAX LIABILITY
Have you received notices from the IRS informing you that they have not received your 941 payroll tax deposit(s)?
- Have you been unable to pay your payroll taxes or are you making payments on old taxes?
- Did you forget to file your payroll returns?
- Didn’t file your payroll returns because you couldn’t afford to pay the taxes due?
- Is the IRS threatening to levy your bank account or close your business?
- Has the IRS recently proposed a “Trust Fund Recovery Penalty” assessment against you as the responsible person?
- If you are making payments to the IRS on previous payroll taxes, are you making the right type of payment?
- Will you qualify for an Offer in Compromise or an Installment Agreement?
We can help. If you continue to ignore the problem, it will only get worse; much worse. If you wait too long, you can lose your rights to challenge the tax assessment.
The IRS continues to use Enforced Collection when it comes to unpaid payroll taxes and unfilled payroll returns. Enforced Collection can include a levy on the assets of the business, including the accounts receivable, equipment, automobiles and the bank account. The IRS can also close a business for non-payment of payroll taxes. If the business is closed or files for bankruptcy protection, the IRS will look to the owner of the business for collection of the penalties, interest, taxes and trust funds. In the case of a corporation or partnership, the IRS will look to the person responsible for paying the payroll taxes to collect the trust funds. This is known as the Trust Fund Recovery Penalty.
Who is a responsible person? It may be the person who has the power to direct the collection of trust funds, the power and authority to pay trust funds and other creditors, or power and authority to determine who gets paid first or last.
According to the IRS, a responsible person is a person or group of people who have the duty to perform and the power to direct the collecting, accounting and paying of trust funds.
This person may be:
- an officer or an employee of a corporation
- a member or employee of a partnership
- a corporate director or shareholder
- a member of a board of trustees of a nonprofit organization, or
- another person with the authority and control to direct the disbursement of funds.
The IRS may assess the penalty against anyone who is responsible for the collecting or paying withheld income and employment taxes, and who willfully fails to collect or pay them?
According to the IRS, for willfulness to exist, the responsible person must have known about the unpaid taxes, and have used the funds to keep the business going or allowed available funds to be paid to other creditors.
Other standards regarding willfulness include intentional, deliberate, voluntary, reckless disregard, knowing or accidental, free will or choice.
The issues presented in determining who the responsible person is, and whether or not willfulness exists, depends upon the facts and circumstances in each case. If the taxes are not paid, the IRS will be looking for someone to penalize. It may be you.
Employment tax investigations are up 75 percent. “Criminal Investigation” has seen an upswing in employee leasing schemes and nonpayment of payroll taxes in the last 24 months. CI is interested in egregious cases involving badges of fraud, rather than nonpayment cases where employers are short of funds and decides to pay other creditors instead of the IRS. This issue is whether the funds were used to keep a business afloat or to line the employer’s pockets.”
For many businesses, when they start to have financial problems one of the first things to happen is the payroll taxes are not paid on time and the payroll returns are not filed on time. Both of these are among the worst things to do when business has fallen upon hard times.
Failure to Pay Payroll Taxes On Time
When a business fails to pay the payroll taxes on time, penalties and interest start to accrue. This causes additional cash flow problems of the business when cash is such an important commodity.
Late Filing of Payroll Returns
If the payroll returns are not filed on time the penalties are substantially increased. Failure to file a return on time can incur penalties of 5% per month to a maximum of 25%. Add that to other penalties, along with the compounded interest and you can have a very serious tax problem.
Trust Fund Recovery Penalty
IRC Section 6672(a): Any person required to collect, truthfully account for, and pay over any tax imposed by this title who willfully fails to collect such a tax, or truthfully account for or pay over such tax, or willfully attempts in any manner to evade or defeat any such tax or the payment thereof, shall, in addition to other penalties provided by law, be liable to a penalty equal to the total amount of the tax evaded, or not collected, or not accounted for and paid over.
This is commonly known as the 100% penalty. The penalty is assessed for the Trust Funds not paid. Trust Funds are the money you withhold from your employee’s paycheck, which includes federal income tax and the employee’s share of FICA and Medicare. This money is held in trust until you pay it to the Internal Revenue Service.
- If the IRS is planning to assess the Trust Fund Recovery Penalty against you, or if they have already assessed the penalty against you?
- Do you know what your rights are?
- Are you the person who should be assessed, or is it someone else?
- Do you know if you have been assessed the proper amount of “Trust Funds”?
- Will you lose your home, your bank account, your car or your life savings?
- Will you qualify for an Offer in Compromise or an Installment Agreement?
Don’t wait. Contact Us! We can help you with the answers to these questions. Don’t ignore the problem, time is of the essence. Waiting only causes you to lose sleep and makes the problem worse, much worse. Let us help you today!
TAX TROUBLE
Are You in Tax Trouble?
Each and every year, millions of individuals find themselves in some sort of tax trouble with the IRS. Whether it is a small oversight or a rather large amount of back tax with penalties and interest due, the IRS will make sure that you are notified and that you make an effort to pay what is owed. The trouble is, many people simply can’t afford to pay the taxes they owe because of the pressure of monthly expenses and bills.
If you find yourself in a financial hole because of tax trouble, call our experts at Tax Tiger. We deal with these sorts of cases all the time and will develop a method to deal with your case. Sometimes, this means working out an installment agreement with the IRS in an amount that works for your budget. Other times, this means filing an Offer in Compromise that will reduce your total liability to a much lesser amount.
Avoid Further Tax Trouble
Whichever way we resolve your tax trouble, you can rest assured that we will do everything in our power to find the most affordable and reasonable way to solve your problem. There is no reason that you should spend one more sleepless night worrying about the IRS. Let us help you move on with your life and avoid further tax trouble by putting you in a better financial position today. Read our testimonials to see what we’ve done for others in your situation.
We can also provide answers to tax questions you may have about planning for future taxes and the best course of action to take. We love helping people and have a proven record of success.
Call us for a free consultation to find out how we can help you. There is no obligation or cost, and you risk nothing.
IRS Bank Levy
Ignoring your taxes, or failing to pay taxes can result in the IRS simply taking your money by way of a bank levy.
This is a legal order sent to your bank telling them to freeze the money in your accounts. Once the bank receives this levy notice, it is required to freeze all funds in your accounts, up to the amount you owe the IRS. You will not be able to get to this money at all! The freeze will last for 21 days, and after the 21 days have passed, the bank must send the IRS the money. This is true even if they must send all of your money.
Because this form of IRS collection is so severe, it is vital that you get help as soon as you receive a “notice of intent to levy”. Bank levies are serious, so it is imperative that you seek help from experienced tax attorneys, CPA’s, or Enrolled Agents. You only have 21 days to stop the IRS from taking your money.
At Tax Tiger, our team of professionals have a vast amount of experience in resolving tax issues with the IRS. The only way to stop a bank levy is to prove extreme economic hardship, or convince the IRS to accept a form of tax reduction instead. Your best hope of convincing the IRS to remove the levy is to let professionals tackle it for you. Tax Tiger has helped thousands of people solve their tax issues. While bank levies are usually the result of ignoring the IRS for too long, it’s never too late. Don’t wait another day, contact the tax professionals at Tax Tiger for a FREE confidential consultation about your levy today.
Notice of Federal IRS Tax Lien
When the IRS puts a lien on your assets, it is the equivalent of a public statement that you owe money to the United States government. The IRS may institute liens on your property once they have done the following: determined that you own unpaid taxes, notified you, and failed to receive payment from you. After these three events have taken place, you’ll receive a notice in the mail informing you that the IRS has put a lien on your property.
IRS liens cover a wide variety of property, that includes your home, car, money in the bank, and other property you own or have right to such as your retirement or 401K. Because IRS liens cover so many things, they can be especially frightening. If you don’t protect your assets, the IRS may take them from you or place a Federal Tax Lien against them. If you’ve never dealt with a lien before, the first thing you’ll need is a clear and concise explanation of your options. This is just what we offer you at Tax Tiger.
The IRS will use tax liens to get you to pay your past due tax, and they will file a Notice of Federal Tax Lien with the County Clerk in your area. This lien is a public notice that you owe taxes to the IRS, and additionally, the Notice reads, “There is a lien in favor of the United States on all property and rights to property belonging to this taxpayer for the amount of these taxes, and additional penalties, interest and costs that may accrue”. The filing of the Notice can give you a major financial headache, and can cause problems such as making it difficult to obtain credit. Imagine the shock of opening the mail and finding a notice of Federal IRS Tax Lien, or attempting to sell your home and finding out just before you close escrow, that you have a tax lien that needs resolved.
If you don’t take care of a Federal Tax Lien by paying the IRS what you owe in back tax or resolve your liability through an “Offer in Compromise”, you will have no success in getting a release of this lien. If you need assistance subordinating the tax lien for the sale of your property, we can also assist with this service.
IRS tax liens generally last until you have paid the IRS the money you owe them. Tax liens can only last for a certain period of time, called a statute of limitations. IRS tax liens can also affect your ability to give your property away, even if you want to give your house to a family member, because the lien is recorded with the county you may be unable to transfer title in the house to someone else. While tax liens are not an aggressive tax collection method, they are upsetting and annoying.
Our consultations are always FREE and confidential, so call us today!
Stop IRS Wage Garnishment
Ignoring your taxes can lead to the IRS addressing them for you, in ways you might not appreciate. Enforced collection of taxes often takes the form of an IRS wage garnishment. The IRS can decide how much of your monthly income it needs to pay off your taxes owed, and then begin taking a percentage of your paycheck. While limits on the percentage the IRS can take exist, you can still be left with very little money. Often times, your employer will fail to provide the necessary forms to fill out which would limit the amount the IRS can keep, leading to wage garnishments upward of 75 percent of your check.
When the IRS decides how much of your paycheck to take, they don’t take into account how much money you actually spend on necessities. Instead, they rely on tables of allowable expenses which they’ve compiled. If you’re living paycheck to paycheck, IRS wage garnishment deductions can leave you without enough money to pay your rent.
Resolving IRS Wage Garnishment With Tax Tiger
There are solutions to your tax problems that allow you to avoid IRS wage garnishment. Installment payment plans and Fresh Start initiatives both accomplish the same thing. When installment plans or Fresh Start initiatives are directed by tax professionals, your needs are much more likely to be taken into account.
We can arrange with the IRS for you to set up a payment plan that will satisfy the IRS without leaving you anything. Our tax professionals can ensure that installment payments are within your means. In short, we give you a voice in the payment of your taxes. Our Tax Tiger team has recently helped nearly 2000 people pay the IRS only 10 percent of their taxes owed! This is accomplished by presenting the IRS with an offer in compromise. The qualification and mediation processes for offers in compromise are complex. At Tax Tiger, we understand these rules and can determine if you can take advantage of an offer in compromise. If you need help with your tax problems, let Tax Tiger take the reins by calling us today for your free confidential consultation!
Bank Levy Release
Has the IRS filed a levy with your bank, leaving you unable to pay your bills, your rent or mortgage, your car payment or to feed your family? Contact us now, we only have 21 days to stop the levy with a Bank Levy Release. We can stop bank levies, but we must begin quickly.
As we said earlier, if you ignore IRS notices, phone calls and letters, the IRS will start what they call Enforced Collection. Again, it is a way for them to get your attention and collect the delinquent taxes. Locating the bank or other financial institution is not difficult for the IRS. They can do a search on associated Social Security numbers and turn up quite a bit of information on a taxpayer, from banking institutions, to property, stocks and bonds, etc.
Seizure of your bank account is the ultimate action in their collection efforts. The IRS sends a Notice of Levy to the financial institution informing them that you owe taxes. The IRS requires them to freeze all the money in your account(s) as of that day. This includes all accounts with your social security number. You are then unable to use any of those funds to pay your bills. This freeze may cause your checks to bounce and overdraft fees accumulate. The bank must hold these funds for 21 days. At the end of that period, the bank must remit the funds to the IRS.
This 21 day period allows us time to work with the IRS to release the funds from levy. After the 21 day period, the bank sends the money to the IRS and its gone!
Contact us today for a FREE confidential consultation to find out what options are available for the resolution of your IRS tax problem.
IRS Audit Representation
If you have received a notice from the IRS questioning or disallowing certain deductions, do not ignore it, don’t panic, talk to the auditor only enough to refer him/her to your tax professional, and get organized. Without the appropriate response, the IRS will change your returns and assess a new liability along with additional penalties and interest. Ignoring the notice will also waive your future rights.
You will normally receive a letter stating that your tax return has been selected for an examination. By no means does this imply that you are lying or cheating on your tax return. The goal of the IRS audit process is to increase the tax compliance and collect the appropriate revenue for the government. The moment you receive notice of an examination is the right moment to seek professional IRS representation.
The IRS has “normal” percentages for deductions based on income levels, and the more your deductions vary from the norm computed by the IRS, the greater the chance of error on the return. Therefore, those returns are the ones more likely to be audited. IRS audit rates are rising dramatically for all types of taxpayers. Over the last few years, the rate at which the IRS is auditing individual taxpayers has risen more than 25%, and the audit rate for high-income taxpayers has nearly doubled.
Because the tax laws are subject to interpretation and are neither black or white, there is no such thing as a perfectly correct tax return. IRS audit agents will often try to expand the scope of the audit to include other areas of the tax return, or include other years beyond the tax return in question. Tax Tiger representatives can conduct the audit in such a manner as to “limit the scope” or limit the amount of information the agent sees or requests to examine.
Always prepare by providing your representative with the information requested by the auditor in an organized and timely manner, it limits the amount of information that is exposed to IRS scrutiny and shows that you are well prepared. Organized records also have a tendency to make the auditor think you are a “squeaky clean” taxpayer and may result in the auditor limiting their scope.
Tax Tiger has substantial experience representing individuals, professionals, and business owners facing IRS and State audits. You need an experienced representative on your side, whether that be an Attorney, CPA, or Enrolled Agent when facing the IRS to resolve your tax liability.
Payroll and Trust Fund Recovery Penalties
Have you received notices from the IRS informing you that they have not received your 940 or 941 payroll items?
Have you been unable to pay your payroll taxes or are you making payments on old taxes?
Did you forget to file your payroll returns?
Didn’t file your payroll returns because you couldn’t afford to pay the taxes due?
Is the IRS threatening to levy your bank account or close your business?
Has the IRS recently proposed a “Trust Fund Recovery Penalty” assessment against you as the responsible person?
If you are making payments to the IRS on previous payroll taxes, are you making the right type of payment?
Will you qualify for an Offer in Compromise or an Installment Agreement?
We can help. If you continue to ignore the problem, it will only get worse; much worse. If you wait too long, you can lose your rights to challenge the tax assessment.
The IRS continues to use Enforced Collection when it comes to unpaid payroll taxes and unfilled payroll returns. Enforced Collection can include a levy on the assets of the business, including the accounts receivable, equipment, automobiles and the bank account. The IRS can also close a business for non-payment of payroll taxes. If the business is closed or files for bankruptcy protection, the IRS will look to the owner of the business for collection of the penalties, interest, taxes and trust funds. In the case of a corporation or partnership, the IRS will look to the person responsible for paying the payroll taxes to collect the trust funds. This is known as the Trust Fund Recovery Penalty.
Who is a responsible person? It may be the person who has the power to direct the collection of trust funds, the power and authority to pay trust funds and other creditors, or power and authority to determine who gets paid first or last.
According to the IRS, a responsible person is a person or group of people who have the duty to perform and the power to direct the collecting, accounting and paying of trust funds. This person may be:
- an officer or an employee of a corporation
- a member or employee of a partnership
- a corporate director or shareholder
- a member of a board of trustees of a nonprofit organization, or
- another person with the authority and control to direct the disbursement of funds.
The IRS may assess the penalty against anyone who is responsible for the collecting or paying withheld income and employment taxes, and who willfully fails to collect or pay them?According to the IRS, for willfulness to exist, the responsible person must have known about the unpaid taxes, and have used the funds to keep the business going or allowed available funds to be paid to other creditors.
Other standards regarding willfulness include intentional, deliberate, voluntary, reckless disregard, knowing or accidental, free will or choice.
The issues presented in determining who the responsible person is, and whether or not willfulness exists, depends upon the facts and circumstances in each case. If the taxes are not paid, the IRS will be looking for someone to penalize. It may be you.
Employment tax investigations are up 75 percent. “Criminal Investigation” has seen an upswing in employee leasing schemes and nonpayment of payroll taxes in the last 24 months. CI is interested in egregious cases involving badges of fraud, rather than nonpayment cases where employers are short of funds and decides to pay other creditors instead of the IRS. This issue is whether the funds were used to keep a business afloat or to line the employer’s pockets.”
For many businesses, when they start to have financial problems one of the first things to happen is the payroll taxes are not paid on time and the payroll returns are not filed on time. Both of these are among the worst things to do when business has fallen upon hard times.
Failure to Pay Payroll Taxes On Time
When a business fails to pay the payroll taxes on time, penalties and interest start to accrue. This causes additional cash flow problems of the business when cash is such an important commodity.
Late Filing of Payroll Returns
If the payroll returns are not filed on time the penalties are substantially increased. Failure to file a return on time can incur penalties of 5% per month to a maximum of 25%. Add that to other penalties, along with the compounded interest and you can have a very serious tax problem.
Trust Fund Recovery Penalty
IRC Section 6672(a): Any person required to collect, truthfully account for, and pay over any tax imposed by this title who willfully fails to collect such a tax, or truthfully account for or pay over such tax, or willfully attempts in any manner to evade or defeat any such tax or the payment thereof, shall, in addition to other penalties provided by law, be liable to a penalty equal to the total amount of the tax evaded, or not collected, or not accounted for and paid over.
This is commonly known as the 100% penalty. The penalty is assessed for the Trust Funds not paid. Trust Funds are the money you withhold from your employee’s paycheck, which includes federal income tax and the employee’s share of FICA and Medicare. This money is held in trust until you pay it to the Internal Revenue Service.
If the IRS is planning to assess the Trust Fund Recovery Penalty against you, or if they have already assessed the penalty against you?
Do you know what your rights are?
Are you the person who should be assessed, or is it someone else?
Do you know if you have been assessed the proper amount of “Trust Funds”?
Will you lose your home, your bank account, your car or your life savings?
Will you qualify for an Offer in Compromise or an Installment Agreement?
Don’t wait. Contact Us! We can help you with the answers to these questions. Don’t ignore the problem, time is of the essence. Waiting only causes you to lose sleep and makes the problem worse, much worse. Contact us now for help!
Tax Relief Attorneys
Tax Tiger’s experienced IRS tax attorneys can resolve your IRS tax issues, achieving the best possible outcome.
While tax attorneys must hold a juris doctor (J.D.) degree from a law school and a bachelor’s degree from a four-year university, some IRS tax attorneys have additional degrees. After earning the J.D., attorneys may elect to continue their education with a more specialized legal degree, a Master of Laws (LL.M.). The attorneys which Tax Tiger utilize the services of, all hold these advanced LL.M. degrees in taxation.
Experience with the IRS also sets our IRS tax attorneys apart from the pack. Tax Tiger’s IRS tax attorneys have collectively spent 30 years working for the IRS, and have nearly 20 years of experience working IRS tax resolutions. Understanding the inner workings of the IRS gives our tax attorneys an advantage over tax lawyers without such firsthand knowledge.
In addition, Tax Tiger’s Tax attorneys are aided by our certified public accountants (CPAs) who hold master’s degrees in taxation, and licensed Enrolled Agents, so our clients benefit from this wealth of knowledge and you know your IRS tax issues are handled by true professionals. The combination of advanced education and long-term IRS experience can help you end your difficulties with the IRS quickly and easily, so we encourage you to call with your questions and let us put your mind at ease.
IRS Tax Secrets
Trying to deal with the IRS on your own is like representing yourself in a court of Law with NO legal representation. Any information you provide to the IRS, may hurt your case in the future. Most people do not have sufficient knowledge of the IRS collection process, or the skills necessary, to submit an Offer in Compromise that is in their best interest. Many fill out the forms incorrectly, overstate their assets and income, and offer too much. Approximately 75% of the OIC’s are returned at the beginning due to forms being filled out incorrectly, and of the 25% that are processed, approximately 50% of those are rejected at a cursory glance by the offer evaluation department within the IRS.
An Experienced Tax Attorney or Enrolled Agent can thoroughly research the tax laws and has mastered them. The scope of tax research is not just limited to the Internal Revenue Code, but also Treasury Regulations, IRS rulings and court decisions. Tax attorneys and Enrolled Agents have advanced training, technical expertise and financial insight to seek out and address all legal tax issues.
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- 1. A Tax Attorney and client have what’s called “client/attorney” privilege.
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- 2. Tax Attorneys, CPA’s, and Enrolled Agents have direct lines to the IRS, and the ability to immediately access information regarding your IRS situation.
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- 3. In some cases, a portion or all of our fees are allowed by the IRS as a necessary expense in determining an offer in compromise.
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- 4. If your allowable monthly expenses exceed your monthly income, you may not be required to make any payments to the IRS while that situation remains.
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- 5. If your account may be classified as noncollectable, while the statute of limitations continues to run.
IRS Tax Payment Plans
Have you filed your income tax returns and were unable to pay the taxes due, or have you just completed your return and owe more than you can pay? Fortunately, the IRS is willing to work out repayment terms on what you owe them, however, you must know what they will allow or disallow as necessary expenses. The IRS will be very adamant about repaying the dues as quickly as possible, but you may have options outside of their suggested repayment amount and term. We will review your monthly income and living expenses, and let you know what the IRS position is on “Allowable Expenses”. As you can expect, the IRS definition of living expenses and ours will be very different.
A payment plan is much more favorable than a Wage Garnishment, Bank Levy, or Asset Seizure. This agreement, after approval by the IRS, will allow you to pay your tax liability over a period of time rather than in a lump sum, and there is no collection activity by the IRS during the Installment Agreement process. However, should you ever default on your agreement by missing one payment, or failing to pay the liability from a future tax return, your agreement will go into default and collection action by the IRS will begin.
If you would like for us to assist in establishing a repayment term with the IRS and put a stop to collections, feel free to contact us at any time for a FREE confidential consultation.
Wage Garnishment Release – Same Day
Tax Tiger gets most Wage Garnishments and Wage Levies released the same day we’re hired! Call now to determine how quickly we can release your Wage Garnishment or Wage Levy.
Do You Know Your Rights?
The IRS is experienced at using intimidation to force taxpayers needing help into adverse collection action. It is imperative that you hire a Tax Attorney who is aggressive, knowledgeable and ethical, to prevent the IRS from seizing your income and assets.
Unfortunately, once your employer receives the Notice of Wage Garnishment or Notice of Wage Levy, things go from bad to worse. Your income is going to be substantially reduced and you won’t be able to pay your bills. Know that it’s illegal for your employer to terminate your employment due to the Wage Garnishment or Wage Levy.
Tax Tiger will represent you through every step of the process, acting as a shield between you and the IRS while we work to achieve the best possible outcome.
Call for a FREE confidential consultation!
Federal Tax Lien Release
Federal Tax Lien and IRS Tax Levy notifications can come as a complete shock, just like any other IRS Tax Problems that can arise. Have you received a notice from the IRS, telling you that they have filed a Federal Tax Lien against you? If you don’t protect your assets, the IRS may take them from you. That includes money in the bank, IRS bank levy, your car and other property, asset seizure, your paycheck, wage garnishment, and other property you own or have right to such as your home and your retirement. Don’t let this happen to you, get IRS Tax Relief now. We can help you with a Federal Tax Lien.
The IRS will file a Notice of Federal Tax Lien with the County Clerk in your area. This is public notice that you owe taxes. Additionally, the notice reads, “There is a lien in favor of the United States on all property and rights to property belonging to this taxpayer for the amount of these taxes, and additional penalties, interest and costs that may accrue”. The filing of the notice can give you a major financial headache, and can cause problems such as making it difficult to obtain credit.
If you don’t take care of a Federal Tax Lien by paying the IRS what you owe in back taxes or file an “Offer in Compromise”, you will have no success in getting a release of this lien. If you don’t qualify for an Offer, we can help you set up an Installment Agreement to pay your taxes over a period of time.
IRS Tax Offer in Compromise
If you owe back taxes to the IRS, you may be able to reduce and resolve the taxes owed for less money with an offer in compromise, also known as The Fresh Start Initiative. The IRS Offer in Compromise may be just the right resolution you need. It is an out of court agreement between the IRS and the taxpayer that arranges a resolution to the taxpayer’s liability, while placing collection efforts on hold. The Internal Revenue Service has the authority to reduce, or compromise, federal tax liabilities by accepting less than full payment under certain circumstances. These circumstances are:
- Doubt as to liability – Doubt exists that the assessed tax is correct.
- Doubt as to collectibility – Doubt exists that you could ever pay the full amount of tax owed.
- Effective tax administration – Economic hardship which present little chance of repayment.
If you qualify for an Offer in Compromise and meet the IRS criteria, our veteran Tax Attorneys, Enrolled Agents, and Tax Specialists will contact the IRS for you and hammer out your Offer in Compromise resolution. The arrangements usually center on the proper valuation of your assets, accurate information about your monthly income, and living expenses.
Tax Tiger has the advantage of a national perspective regarding the Offer in Compromise process, because we have active cases throughout the United States, which helps eliminate the misapplication of tax law and prevent unnecessary errors while working towards Offer in Compromise results. Through many years of experience and insight into unpublished IRS administrative practices and policies, Tax Tiger has developed an expert understanding of the Offer in Compromise process, and because of this, we have been able to resolve cases at the lowest amounts the IRS will allow for each qualifying taxpayers situation. That insight we have into the Offer in Compromise process allows us to minimize the opportunity the IRS has to return an offer without resolution.
Unfiled Tax Returns & Back Tax Help
For years you haven’t filed any tax returns, did you not file your returns because you couldn’t pay the taxes owed? Don’t wait for the IRS or your State to contact you, and don’t let the IRS or your State prepare a return for you, it’s not in your best interest. They use the highest tax rate when they prepare your unfiled Delinquent Tax Returns for you. If the Internal Revenue Service has not yet notified you, they will catch up to you sooner or later. Computers are becoming more sophisticated with technology and the sharing of data becomes more commonplace, the faster it will be. The IRS may also seek to impose a criminal offense for failure to file tax returns as required. Even if you do file, the tax returns must be accurate and truthful because if false returns are detected by the IRS, a fraud referral to the Criminal Investigation Division will be generated.
Failure to file returns is illegal and a FELONY, and subject to criminal and civil penalties. This means that you can go to prison, pay substantial penalties and be financially destroyed. Willful failure to file returns can result in a punishment of one year in jail and a $25,000 fine ($100,000 in the case of a corporation).
Under certain circumstances, if you haven’t been contacted by the Internal Revenue Service already, it may be possible to file your returns without criminal penalties and obtain tax relief. When you do file, you must prepare and file tax returns that are accurate and truthful as the returns will be examined by the IRS. We can guide getting you current with your tax return filing obligations and then analyze your situation to determine the best course of action and minimize the chance of any criminal investigation. For many taxpayers, this tax resolution typically leads to an Offer in Compromise.
IRS Tax Resolution Help
The IRS can reduce the amount of your taxes owed through a resolution program known as the Offer in Compromise, or the Fresh Start Initiative, however as you may imagine, this is not easily accomplished. Basically, you are asking the IRS to reduce your taxes owed to an amount you will be able to pay. An offer in compromise consists of the submission of extensive financial information, and documentation necessary to substantiate a reduction of tax liabilities. The calculations listed on the paperwork you submit have a significant impact on whether the IRS will reduce your taxes, and if so, how much they will reduce it. All of this information must be correctly calculated and backed up by the appropriate documentation. Any flaw in your information or format can cause the IRS to refuse to reduce your tax liabilities.
Hire Professionals:
For this reason, it is recommended that you hire tax professionals to help you. Qualified tax professionals such as our Tax Tiger team know exactly what information to provide to the IRS and how to provide it. Our tax professionals have the experience to ensure that every aspect of your offer in compromise scrupulously follows IRS procedure.
Once all of your information and documentation have been accepted by the IRS, the mediation begins. Saying the wrong thing to the IRS during the mediation period, can cause the IRS to refuse to reduce your dues. Tax Tiger attorneys have nearly 50 combined years of mediating with the IRS. Allowing them to work for you dramatically increases the chance that the IRS will reduce your tax owed. You can discuss opportunities to reduce your IRS liabilities during a free confidential consultation with our Tax Tiger specialists.
One way to reduce your potential taxes owed is to file your taxes on time. Even if you can’t send payment for what you owe with your return, it is better to file. Failure to file creates additional penalties which cause your taxes owed to climb ever higher. If you find that you face tax dues you cannot pay, you still may be able to reduce the amount you owe.
Find Experienced Help to Resolve Tax Problems:
Because these calculations are so vital, they are best handled by a professional. The IRS will only reduce your past taxes if the offer in compromise mediation is successful. Resolving issues with the IRS is frustrating and often ineffective for all but the most experienced tax professionals. We have successfully reduced and resolved the tax IRS tax dues of thousands of clients, contact us for a free consultation so we can evaluate your individual tax dues situation.
IRS Penalty Abatement
Are you one of the 30 million individuals and or business to receive a penalty on top of what you owe to the IRS?
What is penalty abatement?
Penalty abatement is a tax problem resolution that lessens the degree or fully eliminates IRS penalties. Penalties from the IRS can range from civil fines to imprisonment and can be more than 25 percent of the total owed to the IRS.
Is penalty abatement the right solution for me?
If you did not qualify for an offer in compromise, penalty abatement is a possible solution when establishing an installment agreement, or repayment terms.
We may be able to help, we will interview you to determine the best reasonable cause argument. Reasonable causes are documented reasons for the delay or evasion of payment. These reasons involve factors that were beyond your control, and the IRS will accept your penalty abatement application if they determine that you had reasonable cause for not paying taxes.
Examples of reasonable cause include but are not limited to:
- Death in the family
- Natural disaster (hurricane, tornado, earthquake, etc)
- Life disruptions (lengthy unemployment and divorce)
- Destruction or theft of records
How do we resolve your tax problem through penalty abatement?
Tax Tiger works with the IRS to make sure that all tax balances, penalties and interest on your account are valid. Prepare and submit legal forms necessary for successful penalty abatement. Begin the appeal motion if necessary. Once your application is accepted, Tax Tiger will make sure the changes are accurately reflected on your account.
If you think penalty abatement is a good resolution to your tax problems or if you want to talk about alternative solutions, call 866-667-3829.