Tag Archives: Tax Debt Advisors Inc: Since 1977

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Written by Scott Allen

30 November 2012

Tax Debt Advisors, Inc.—I successfully filed a bankruptcy, why is there still a tax lien against my home in Chandler AZ?

A chapter 7 bankruptcy does remove the tax debt but the IRS tax lien will survive the bankruptcy. Unless further action is taken the lien will stay on the home until the statute of limitations runs out. This can be as long as ten years. If you sell the Chandler AZ home with a lien still attached, then if there is anything left over after the mortgage is paid, the IRS will get the rest up to the amount of the tax lien.

However, if you have zero equity in the home after the lien has been filed and the bankruptcy discharged and you can prove with certified appraisals, there is a way to get the lien removed. If you are seeking to have your Chandler AZ IRS tax lien removed from your home, you need to contact Tax Debt Advisors, Inc. Scott offers a free initial consultation and will discuss your chance of succeeding in the process. You can schedule an appointment with Tax Debt Advisors, Inc. calling 480-926-9300.

taxdebtadvisorsinc.com

IRS Problems, IRS Tax Attorney, IRS Tax lien problems, Tax Bankruptcy

www.TaxDebtAdvisorsInc.com

Regular Post

Written by Scott Allen

20 November 2012

Tax Debt Advisors, Inc.—Don’t Succumb to IRS Fears

Almost every serious mistake I have made in life was made while giving in to my fears. I love the quote from the last Star Wars movie, where Anakin says, “It was fear that pushed me to the dark side.” No matter how you look at it, fear is a poor motivator. It really is an indication of how poorly our tax procedures and policies are. None of us in Mesa AZ like to pay Social Security and Medicare taxes but we do it without fear because it is the same for everyone and we can’t alter or maneuver to take advantage of some loophole.

The only real item to fear with IRS taxes is not filing. The failure to file penalty is ten times worse than the failure to pay penalty. The best way to deal with your fears of the IRS is find a tax professional you trust that will be aggressive as far as the law allows.

Scott Allen E.A. of Tax Debt Advisors, Inc. has the expertise to minimize your fears as well as the taxes you pay. Tax Debt Advisors, Inc. in Mesa AZ has been helping clients since 1977. That’s over 36 years of delivering straight answers and follows through service. Call for a free initial consultation at 480-926-9300 and let go of your fears of the IRS.

IRS Problems, Unfiled Tax Returns

Regular Post

Written by Scott Allen

13 November 2012

Tax Debt Advisors, Inc. — for suggestions on how to prepare for your meeting with IRS Auditor in Phoenix AZ

The key to a successful audit is to be organized before you go into the audit. Generally taxpayers require professional assistance to get their records in audit format. It’s like doing an audit on yourself before you meet with the IRS auditor in Phoenix AZ. Taxpayers are often surprised to find that their records are not in agreement with what was reported on their tax returns. If the auditor insists on meeting at your home there is cause for concern. The auditor wants to evaluate your “life style.” If your auditor wants to meet you at your home, call Scott Allen E. A. of Tax Debt Advisors, Inc. for representation. Scott offers a free consultation and can be reached at 480-926-9300. Tax Debt Advisors, Inc. has been representing taxpayers since 1977.

Regular Post

Written by Scott Allen

13 November 2012

Call Tax Debt Advisors. Inc. if you receive a Scottsdale Arizona IRS Audit Letter

You are well advised to get a consultation with an IRS audit professional near Scottsdale AZ. In general it is best to have representation at the audit meeting. Scott Allen E.A. has audit expertise and sometimes may advise you to attend the audit with him. If you do decide to handle the audit alone, only respond to the questions asked and don’t volunteer information. Audits can be done at the auditor’s office, your representative’s office, your home or through correspondence. Locations are dictated by the IRS auditor based on the circumstances surrounding the purpose of the audit.

Call Tax Debt Advisors, Inc. at 480-926-9300 to schedule a free consultation. Tax Debt Advisors, Inc. has represented clients at IRS audits for over 36 years.

Regular Post

Written by Scott Allen

12 November 2012

Tax Debt Advisors, Inc.–information on IRS Audit Red Flags

Here is some information about IRS audit red flags for Chandler Arizona residents. Some can be avoided and others cannot. However, if you are entitled to a deduction, take it. Don’t avoid a deduction because it might trigger an audit. Here are the top ten reasons taxpayers get audited:

Income is too high—not much you can do here but it is facts that the higher your income the higher the chances you will be selected for an audit even if you don’t have other audit red flags.
Omitting income that has been reported to the IRS—the IRS computers match up income reported to them, to income reported on your return. If you have omitted a 1099 or W-2, the IRS will send you a notice.
Large charitable donations of property—remember to file form 8283 for donations over $500 and have an appraisal.
Home Office deduction—everyone wants to deduct what amounts to personal living expenses against business income. Remember that the area of your home that you want to write-off expenses must be used exclusively and regularly as your principal place of business. A corner of your bedroom or kitchen is not acceptable.
Rental losses—active participation allows you to write-off up to $25,000 of loss subject to phase out rules. Real estate professionals who spend more than 50% of their time and 750 hours each year can deduct losses with no limitations.
Excessive business meals and travel and entertainment expenses—it just seems to be too tempting for self-employed individuals to try to take advantage of these deductions and the IRS knows that.
Writing-off 100% of business use of vehicle—just reporting a more realistic % can avoid a tax audit in this area.
Businesses that lose money—there must be a profitable business motive. If you are trying to deduct each year losses from what amounts to a “hobby,” expect an IRS audit.
Higher than average deductions—deductions that are higher than average compared to income reported is a huge red flag.

Scott Allen E.A. of Tax Debt Advisors, Inc. offers a free consultation for Chandler AZ taxpayers and all surrounding cities, and can be reached at 480-926-9300. Tax Debt Advisors, Inc. has been representing taxpayers since 1977.

Regular Post

Written by Scott Allen

12 November 2012

Call Tax Debt Advisors, Inc. for suggestions on how to prepare for your meeting with IRS Auditor in Gilbert AZ

The key to a successful audit is to be organized before you go into the audit. Generally taxpayers require professional assistance to get their records in audit format. It’s like doing an audit on yourself before you meet with the IRS auditor in Gilbert Arizona. Taxpayers are often surprised to find that their records are not in agreement with what was reported on their tax returns. If the auditor insists on meeting at your home there is cause for concern. The auditor wants to evaluate your “life style.” If your auditor wants to meet you at your home, call Scott Allen E. A. of Tax Debt Advisors, Inc. for representation. Tax Debt Advisors, Inc. offers a free consultation and can be reached at 480-926-9300. Tax Debt Advisors, Inc. has been representing taxpayers in an near Gilbert AZ since 1977.

www.TaxDebtAdvisorsInc.com

Regular Post

Written by Scott Allen

12 November 2012

Call Tax Debt Advisors, Inc. if you have been selected for a Tempe AZ IRS tax audit

Most taxpayers assume that Tempe Arizonatax audits are only done by the IRS. Generally, that is true but if the IRS audit shows that you under reported income or over deducted expenses, they will notify the state you live in as well and you will have additional taxes, interest and penalties from your state. Tax Debt Advisors, Inc. has the expertise to represent you before the IRS. IRS form 2848 (Power of Attorney) authorizes Scott to represent you. Once the IRS auditor receives this form they are required to send all correspondence to Tax Debt Advisors, Inc. Scott will be able to attend the audit without your attendance in most situations. His company Tax Debt Advisors, Inc. has negotiated settlement options if in fact you owe more taxes. Just having Scott Allen E.A. on your side reduces the stress of being audited. Call Scott Allen E.A. at 480-926-9300 to schedule a free consultation. Scott will not take your case unless it is in your best interest. That is why Tax Debt Advisors, Inc. near Tempe AZ has be helping taxpayers since 1977.

Regular Post

Written by Scott Allen

9 November 2012

Tax Debt Advisors, Inc. — how long can the IRS audit my tax returns in Mesa AZ?

First off remember that most people fear Mesa AZ audits more than they should unless you have committed fraud. In general the IRS has three years from the due date of the return to notify you of an audit. Your 2012 return is due on April 15, 2013 and the IRS has until April 15, 2016. There a two exceptions to this rule. If you under reporting income more than 25% the IRS has six years to take action and if you filed a fraudulent tax return there is no expiration date.

Most audits specifically target only a few areas. Before you refill your medications for tranquilizers or anti-depressants, call Scott Allen E.A. at Tax Debt Advisors, Inc. as soon as you receive an IRS audit notice. Scott offers a free consultation and can be reached at 480-926-9300. Tax Debt Advisors, Inc. of Mesa AZ has been helping taxpayers for over 36 years.

IRS Problems, Offer In Compromise

Regular Post

Written by Scott Allen

9 November 2012

Tax Debt Advisors, Inc. negotiates settlements on your Arizona IRS Problems

If you have received written notification from the IRS that you owe on your taxes you need professional help. Ignoring IRS correspondence will lead to IRS tax liens, wage garnishment and levies on your bank accounts. Having an Arizona IRS problem is like finding out you have cancer—the longer you wait to deal with your problem the worse it will get. Tax debts don’t get better or go away because you ignore them. Yet that is what many taxpayers do. Procrastinating action in dealing with your IRS problem makes professional assistance almost a necessity.

That is the bad news. Here is the good news. There are many options available to deal with your IRS problem that can eliminate or reduce the taxes owed, or allow you time to pay the IRS liability over time. I suggest you schedule an appointment with Scott Allen E.A. of Tax Debt Advisors, Inc. He offers a free consultation and can be reached at 480-926-9300.

www.arizonairsproblems.com
– Scott Allen – info@taxdebtadvisors.com