Written by Scott Allen

Do I Need a Gilbert AZ IRS Tax Attorney For Trust Fund Recovery Penalties?

Trust Fund and Gilbert AZ IRS Tax Attorney

The IRS is very aggressive in trying to collect on Trust Funds associated with payroll taxes withheld from employee’s paychecks.  However, this is not a legal matter and is not considered a criminal act and does not require the services of an Gilbert AZ IRS Tax Attorney.  Most employers that do not pay in their payroll tax withholdings are struggling with their business and try to keep the business afloat by “borrowing” these funds with the intent to pay them back at a later date when business improves.

Unfortunately most businesses do not improve enough to pay the taxes with the penalties added.  When the business closes, these taxes are eventually reassigned over to the individual(s) responsible for paying the taxes.  This will include the owners and anyone associated with payment of taxes.

There are two areas of IRS representation work that may be needed with regard to Trust Fund Recovery Penalties.  If you feel that the IRS is unjustified in targeting you for payment of the taxes and penalties, we are able to evaluate your responsibility or lack thereof.  This is usually a black and white matter, but the IRS takes a “shot gun” approach and tries to include as many people without really knowing who is truly responsible.

The second area is making a settlement with the IRS if you are in fact responsible for the payment of the tax and penalties.  There are several options available to settle with the IRS for less than the amount owed, depending on your financial ability to pay.

Scott Allen E.A. of Gilbert and Mesa AZ has expertise in both areas dealing with Trust Fund Recovery Penalties.  Call Scott today and schedule a free consultation at 480-926-9300 to get an evaluation of what your options are.  Scott Allen E.A. will put your mind at ease knowing that you are facing this serious IRS problem with a professional who has successfully negotiated many favorable settlements with the IRS on Trust Fund Recovery Penalties.  Please call Scott for a honest second opinion if you are determined to think you need a Gilbert AZ IRS Tax Attorney for IRS Trust Fund Recovery Penalties.

Thank you.

 

Written by Scott Allen

My IRS Debt Keeps Going Up. Do I Need an IRS Tax Attorney (Gilbert, AZ)?

IRS Tax Attorney Gilbert AZ

Tax clients think that they will have to pay on their tax debt until their last breath.  IRS tax debts have a statute of limitations.  In other words there is a date when the tax debt will go away.  This is called the Collection Statute Expiration Date.  On this date your tax debt goes away.  Generally the IRS has 10 years from the date of assessment to collect the tax due.  You do not need to take any legal action thru a Gilbert AZ IRS Tax Attorney to get this information.  There are also many tax settlement options that can reduce or eliminate the tax debt before the statute runs out.

To evaluate your options, contact Scott Allen E.A. with Tax Debt Advisors, Inc. for a free consultation at 480-926-9300 to see where you stand.  You may find that you can move forward in your life much sooner than you previously thought.

The most important thing to remember in letting your IRS debt expire is to file and full pay your current and future taxes on time.  As a tax professional Scott can file any and all tax returns to keep the IRS off your back until your IRS debts expire.  An IRS Tax Attorney Gilbert AZ typically isn’t the best option for tax preparation as their line of work is on legal matters.

www.getirsoffmyback.com

 

Written by Scott Allen

Can I stop an IRS audit by filing bankruptcy?

IRS Audit and Bankruptcy

Even though filing a bankruptcy can stop all collection action, it doesn’t prevent the IRS from doing an audit.  An audit also extends the time that you can file a bankruptcy.  A bankruptcy can only be filed on a tax year 240 days from the time the audit was completed and any additional taxes assessed.

If you are going to file a bankruptcy to discharge your IRS taxes, then an audit is really only going to cause a temporary delay.  If you owe more taxes, the silver lining in an audit is that you will also get those taxes settled.  The only issue is what to do for the additional 240 days before filing a bankruptcy.  In most cases, we put our clients in a non collectible status or an installment arrangement.  If you qualify for a non collectible you do not have to make any payments to the IRS.  If you are put on a monthly payment plan, most clients make an average of 4 or 5 payments before they can file their bankruptcy.

Scott Allen E. A.

Tax Debt Advisors, Inc

www.stopIRSaction.com

 

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