Regular Post
Written by Scott Allen

IRS Lien has ruined me credit score: Now what!?

Do I Need a Chandler Arizona IRS Tax Attorney to Save My Credit Due to an IRS Lien?

An IRS tax lien will definitely lower your credit score and can prevent you from buying a home or purchasing a vehicle.  Banks will charge you a higher rate of interest on loans if you have a tax lien or not make the loan at all.  Those that will loan you money will charge you “loan shark” rates of interest.

If an IRS tax lien notice is filed, you have 30 days to file a Collection Due Process Appeal to explain why the tax lien should never have been filed.  If you miss this deadline, you always have the option of doing an IRS lien subordination.  This IRS procedure is usually done in conjunction with taxpayers who have equity in a home and want to get a loan from a bank.

Whatever your situation, contact Scott Allen E.A. for a free consultation at 480-926-9300 to see what options you have to deal with an IRS tax lien.  You can count on Scott’s expertise in this area to provide you with all of your options and help you choose the one that is best.  If you have already met with an IRS Tax Chandler, AZ Attorney please consider me for a second opinion.  If you haven’t met with a Chandler, AZ IRS Tax Attorney yet please call me FIRST for you second opinion.

 

IRS Problems, IRS Tax Attorney, IRS Tax lien problems, IRS Tax Payment Plan
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Regular Post
Written by Scott Allen

IRS Tax Debt and Confidentiality

Do IRS Tax Attorneys in Gilbert Arizona Provide a Higher Level of Confidentiality?

All IRS resolution experts are required to keep confidential any information disclosed to them whether they be a Gilbert AZ IRS Tax Attorney, Enrolled Agent (E.A.) or CPA?  The only time this becomes critical is in the matter of criminal cases.  An IRS Tax Attorney in Gilbert, AZ has “attorney client privilege.”  This means that if you have committed a criminal act, the IRS Tax Gilbert Attorney is allowed to keep information confidential.

The problem comes when less than 1 out of 10,000 clients that we have seen over the last 45 years has committed a criminal act and should retain the services of a Gilbert, AZ IRS Tax Attorney.  Yet when our clients have talked to a Gilbert Tax Attorney, the attorney always mentions that they have attorney client privilege as if that is needed in your case—which is almost never.  So why pay two or three times as much for something you don’t need.

If you scheduled a free consultation with Scott Allen E.A. at 480-926-9300 he can tell you if you have committed a criminal act and need the services of an IRS Tax Attorney in Gilbert, AZ.  If that is the case, he will be able to refer you to a Tax IRS Attorney Gilbert, AZ that specializes in the tax representation area you require.

Scott Allen, E.A. works with the company Tax Debt Advisors, Inc.

www.stopIRSaction.com

 

IRS Problems, IRS Tax Attorney, Tax Attorney Arizona
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Regular Post
Written by Scott Allen

My Husband Left Me With IRS Tax Debt. Do I Need a Phoenix AZ IRS Tax Attorney?

Phoenix AZ IRS Tax Attorney or a licensed Enrolled Agent:

This situation is not a legal matter and does not require a Phoenix AZ IRS tax attorney.  The most common removal of the IRS tax debt is to file for innocent spouse relief.  Many wives find out that they owe large amounts of money to the IRS after their divorce or the death of their husband.

Often times the husband has not reported income or taken deductions that are disallowed by the IRS.  As long as the income was attributable to the actions of the husband and the wife did not benefit financially from this action, she can be relieved of the tax debt.  In other words, if the wife has a new car and a nice home from the bogus actions of her husband, she has benefited from his action and the wife would need to either sell the home or trade in her vehicle for a lower cost one to qualify for injured spouse status.

If the wife has been divorced or living apart for the last 12 months, the wife has 2 years to elect to file as married filing separately.  This allows the wife to be taxed only on the money she earned and not the income that was not reported to the IRS.

Scott Allen E.A. can help you sort through your scenario to see if you qualify for this tax procedure.  He is available for a free consultation at 480-926-9300.  Scott is not a Phoenix AZ IRS Tax Attorney but rather a licensed Enrolled Agent here in Arizona.

 

IRS Problems, IRS Tax Attorney, IRS Tax Payment Plan
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Regular Post
Written by Scott Allen

Arizona IRS help: Discharge Taxes in a Bankruptcy

Can Taxes be discharged in Bankruptcy? 

Discharging taxes in bankruptcy is real.  But it is difficult to locate a professional who knows the rules and can document the filing of the returns so that they will be included in your bankruptcy.  Here is the best advice you will ever find regarding discharging taxes in bankruptcy.

  • Step one.  Contact me regarding qualifying your taxes in bankruptcy.
  • Step two.  Contact a bankruptcy attorney who can determine if you qualify to file a bankruptcy.
  • Step three.  If step one and step two have been done correctly, your taxes will be discharged in a chapter 7 bankruptcy.

Here is what the typical client that comes into our office tells us:

I went to ABC Bankruptcy and filed a bankruptcy and none of my taxes were discharged.  How come?

Here is what I tell them:

Very few attorneys understand discharging taxes in bankruptcy.  They know how to file bankruptcy and if you qualify they will take your money and list the tax years you want to have discharged.  The reason your taxes were not discharged is that they did not qualify under the 2 year or the 3 year rule—the returns must be filed for 2 years and it must be 3 years since the due date for filing the return.

Mr. Client, if you had waited another 3 weeks, 2 months, 1 year, (some period of time) all of your taxes would have been discharged when you filed your bankruptcy.  Unfortunately your attorney either didn’t know that or didn’t care.

Attorneys know that if you walk out of their office without paying for a bankruptcy, it is unlikely you will go back after coming to someone like me.  We will tell you when to see the attorney and give you the paperwork that shows the date your taxes are dischargeable in bankruptcy.

That is the plain and simple truth—there is no rocket science unless you go to the wrong professional.  Call me today for a free initial confidential consultation so that your discharge of taxes will be successful.

For Arizona IRS Help call Scott Allen, E.A. – Tax Debt Advisors, Inc

Apache Junction, Avondale, Bisbee, Buckeye, Bullhead City, Camp Verde, Casa Grande,  Catalina, Chandler, Chinle, Chino Valley, Coolidge, Cottonwood, Dewey, Douglas, Eagar, El Mirage, Eloy, Flagstaff, Florence, Fountain Hills, Gilbert, Glendale, Globe, Goodyear, Green Valley, Kingman, Lake Havasu City, Lakeside, Marana, Mesa, Nogales, Oro Valley, Page, Paradise Valley, Payson, Peoria, Phoenix, Pinetop, Prescott, Prescott Valley, Safford, San Luis, Scottsdale, Sedona, Show Low, Sierra Vista, Somerton, Sun City, Sun City West, Sun Lakes, Surprise, Tempe, Thatcher, Tuba City, Tucson, Winslow, Yuma

Apache County, Cochise County, Coconino County, Gila County, Graham County, Greenlee County, La Paz County, Maricopa County, Mohave County, Navajo County, Pima County, Pinal County, Santa Cruz County, Yavapai County, Yuma County

www.TaxDebtAdvisors.com

 

IRS Problems, IRS Tax Attorney, Tax Attorney Arizona, Tax Bankruptcy
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Regular Post
Written by Scott Allen

IRS Tax Bankruptcy in Arizona: IRS help from Scott Allen, E.A.

IRS Tax Bankruptcy in Arizona

IRS discharge in bankruptcy—Why residents of Arizona should consider filing a bankruptcy to settle their IRS debt. 

  • When you cannot qualify for an Offer in Compromise
  • The IRS is not the decision maker.  The Bankruptcy Code supersedes the IRS code.
  • Bankruptcy is often less costly than entering an installment arrangement
  • When you have debts other than tax debts—both are taken care of when you file a bankruptcy
  • In a Chapter 7 bankruptcy you pay the IRS zero!
  • Many individuals qualify for a Chapter 7 bankruptcy even with a high income
  • If you don’t own a home, the tax lien that survives the bankruptcy doesn’t  affect you negatively

I will help you analyze all tax settlement options at the same time so that you are confident you made the right choice.  Call today for a free initial confidential consultation about an IRS tax bankruptcy in Arizona.

 

Apache Junction, Avondale, Bisbee, Buckeye, Bullhead City, Camp Verde, Casa Grande,  Catalina, Chandler, Chinle, Chino Valley, Coolidge, Cottonwood, Dewey, Douglas, Eagar, El Mirage, Eloy, Flagstaff, Florence, Fountain Hills, Gilbert, Glendale, Globe, Goodyear, Green Valley, Kingman, Lake Havasu City, Lakeside, Marana, Mesa, Nogales, Oro Valley, Page, Paradise Valley, Payson, Peoria, Phoenix, Pinetop, Prescott, Prescott Valley, Safford, San Luis, Scottsdale, Sedona, Show Low, Sierra Vista, Somerton, Sun City, Sun City West, Sun Lakes, Surprise, Tempe, Thatcher, Tuba City, Tucson, Winslow, Yuma

Apache County, Cochise County, Coconino County, Gila County, Graham County, Greenlee County, La Paz County, Maricopa County, Mohave County, Navajo County, Pima County, Pinal County, Santa Cruz County, Yavapai County, Yuma County

 

IRS Problems, IRS Tax Attorney, Tax Attorney Arizona, Tax Bankruptcy
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Regular Post
Written by Scott Allen

I was audited by the IRS in Arizona months ago and have not heard from them. IRS help from Tax Debt Advisors, Inc

Audited by IRS in Arizona

I was audited by the IRS months ago and have not heard from them.  What should I do? 

  • The longer it takes the IRS to get back to you the more likely your audit assessment slipped through the cracks.  Often IRS personnel are reassigned to other duties and their case load is dropped by the person reassigned to handle your case.
  • However, sometimes just when you think you are safe the audit assessment will show up and when this happens it is almost always much worst that what you expected.  Why?  The lazy auditor has lost the paperwork and when their manager jumps on them to finalize the audit; they disallow everything that was presented just to close the audit.  If this has happened to you call me right now—there is a silver lining waiting for you when I take this case to Appeals.
  • If your audit is not completed, I suggest that you not file your next return until you are certain that the audit has been closed out.  I would not go beyond the extension period of six months however as that alone may trigger a new audit.  This is a judgment call that you should get professional advice.
  • If you know that the auditor is just sitting on your case, it is best to make a call to the manager to get the audit completed.  Sometimes this will cause the auditor to accept the grey areas of the audit as a matter of expediting the audit and moving on to other cases.

Take audits very seriously.  Use a professional in most cases.  An error in judgment on your part may cause the Auditor to open up other tax years for an audit.

Scott Allen E. A. – Tax Debt Advisors, Inc.

I was audited by the IRS in Arizona months ago and have not heard from them.  IRS help from Tax Debt Advisors, Inc

Mesa, Apache Junction, Avondale, Buckeye, Carefree, Cave Creek, Chandler, El Mirage, Fountain Hills, Gila Bend, Gilbert, Glendale, Goodyear, Komatke, Litchfield Park, Luke AFB, Paradise Valley, Peoria, Phoenix, Queen Creek, Scottsdale, Sun City, Sun Lakes, Surprise, Tempe, Tolleson, Waddell, Whitman, Wickenburg, Youngstown, Flagstaff, Tucson, Payson, Winslow, Sierra Vista, Page, Prescott, Globe, Yuma

 

IRS Appeals, IRS Problems, IRS Tax Attorney, IRS Tax Audits
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Regular Post
Written by Scott Allen

What are the pros and cons of filing Bankruptcy to discharge my IRS tax debt? From Tax Debt Advisors, Inc.

Discharging IRS Tax in Bankruptcy Phoenix AZ

Pros

Immediately there is an automatic halt of all collection action by the IRS.  Discharging IRS tax in bankruptcy Phoenix AZ can be used when an IRS Offer In Compromise is rejected or you do not have the funds to pay the amount the IRS wants to be paid with your Offer.  It may be possible to wipe out all interest, penalties and tax liability.

Cons

Discharging IRS tax in bankruptcy Phoenix AZ will hurt your credit.  Some taxes such as payroll tax debts are not dischargeable.  Attorney fees are expensive.  If you are close to the statute of limitation, it maybe better to enter an installment arrangement or non-collectible status until the time the IRS has to collect the tax expires.

If you filed a fraudulent return it cannot be discharged in bankruptcy.  There is a waiting period of two years from assessment and three years from the due date for filing the return.

——————

My service to you is to tell you when your taxes are dischargeable in a bankruptcy and compare filing a bankruptcy with other IRS settlement options.  I will then refer you to a competent bankruptcy attorney who will determine if you qualify to file a bankruptcy and answer any questions you have on how IRS tax bankruptcy will affect you.

Scott Allen, E.A. – Tax Debt Advisors, Inc

www.TaxDebtAdvisors.com

 

IRS Problems, IRS Tax Attorney, Tax Attorney Arizona, Tax Bankruptcy
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Regular Post
Written by Scott Allen

Mesa Tax Preparation: Capital Gains Tax & Losses explained simply

Mesa Tax Preparation

At times capital gains & losses can be very tricky on how to correctly report on your Mesa Tax Preparation.  Below I have explained it as simply as I can.  If you find it confusing or are still unsure its important to seek advise from  a professional.  I don’t charge for an initial consultation to discuss your particular case.

If you realize a profit when you sell an asset, such as a stock, you have a capital gain. In other words, if you sell an asset for more than you bought it for, you made a profit and will need to pay capital gains tax. The IRS differentiates between long-term capital gains (on assets held for over one year before selling) and short-term capital gains (sold within one year or less). The tax rate for long-term capital gains is lower than short-term. You may be required to make estimated payments if you have a large amount of capital gains.

If you have capital losses (the sale price is lower than what you paid originally), you can claim no more than $3,000 per year (married filing jointly). You may be able to carry the loss forward to later years if your total loss is over $3,000.

For a more detailed explanation of capital gains & losses for your Mesa Tax Preparation click on the following link (IRS Topic 409)

Tax Debt Advisors, Inc – Scott Allen, E.A.   www.TaxDebtAdvisors.com

 

Income Tax Preparation, IRS Tax Attorney, Tax Preparation
3
Regular Post
Written by Scott Allen

Tax Evasion

Tax Evasion

Tax evasion is a crime that is punishable with asset seizure, fines and imprisonment.  The temptation to underreport income occurs with self-employed cash intensive businesses.  Tax fraud can also involve using a fake or false social security number, claiming to many dependents on your tax return and falsifying your accounting records.

Don’t assume that when you get a letter to be audited that the IRS suspects tax fraud.  Most audits generate some adjustments to the tax amount owed.  Auditors are trained to know the difference between tax evasion and honest mistakes.

If you are found guilty of tax evasion, you will not only have the tax, interest and penalties added but also the expenses of the cost to prosecute your case in court.  This situation is one in which the services of a tax attorney is highly recommended.  The attorney you select should have a majority of his or her practice with tax evasion case work.

If you suspect or know that you are guilty of tax evasion, it is best to tell the IRS right up front that you want to have legal representation.  The IRS will agree to you right to be represented by an attorney.  Who you pick to represent you is very important.  Someone who is respected by the IRS as well as the Judge will have a greater chance of reducing the chances of imprisonment.  We can recommend an attorney that you can trust and have confidence will represent you in the best possible manner.

Scott Allen E. A.

Tax Debt Advisors, Inc

www.IRShelpblog.com

 

IRS help by state, IRS Problems, IRS Tax Attorney
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6
Regular Post
Written by Scott Allen

WHAT DO I DO WHEN AN IRS AGENT CONTACTS ME?

An IRS Agent has contacted me

What should you do if an IRS agent shows up at your business, place of employment or your home.  The best thing to do is to tell the IRS Agent that you wish to consult a representative before proceeding any further.  If you ask this, the IRS must stop the interview immediately.  If the IRS agent does not allow you to have representation they are violating Internal Revenue Cope Section 7521 (b) (2) which says.

“If the taxpayer clearly states to an officer or employee of the Internal Revenue Service at any time during any interview (other than an interview initiated by an administrative summons issued under subchapter A of chapter 78) that the taxpayer wishes to consult with an attorney, certified public accountant, enrolled agent, or any other person permitted to represent the taxpayer before the Internal Revenue Service, such officer or employee shall suspend such interview regardless of whether the taxpayer may have answered one or more questions.”

Requesting representation does not make you look guilty.  In most cases the IRS representative will feel that you know your rights and that you are serious about following through.  In a nice way, it notifies the agent that you are not frightened by their efforts to catch with your guard down.  The agent will give you a card and a deadline to get back to them with your representative, who will need to file an IRS form 2848.

Your representation needs to contact the IRS as soon as possible to find out specifically what the IRS is seeking—filing back tax returns, pay back taxes, etc.  I can represent you before the IRS without you being present and in most cases that is the best way to work with the IRS.  In certain cases the IRS can issue a summons that requires you to be present whether or not you have a representative.

One final suggestion.  Never get mad or argumentative or issue any threats.  This is a signal to the Agent that you are not going to be cooperative and will make things harder for your representative and perhaps increase the extent of the work needed to get a settlement with the IRS. Schedule a free consultation to visit with Scott Allen EA so he can discuss your matter and give you good reliable advice. If you see fit, he can be your IRS power of attorney and represent you from start to finish.

Scott Allen E. A.

Tax Debt Advisors, Inc.

 

IRS Problems, IRS Tax Attorney
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