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Tax Relief Blog » Internal Revenue Service http://www.titantaxrelief.com/tax-relief-blog Tax Relief and Tax Debt Relief News. Call Us Now 1-800-541-0810 Wed, 02 Mar 2011 13:19:31 +0000 http://wordpress.org/?v=2.8.4 en hourly 1 Criminal Tax Attorney – Protection Against Cruel IRS http://www.titantaxrelief.com/tax-relief-blog/criminal-tax-attorney-protection-against-cruel-irs/ http://www.titantaxrelief.com/tax-relief-blog/criminal-tax-attorney-protection-against-cruel-irs/#comments Sat, 05 Feb 2011 13:09:36 +0000 admin http://www.titantaxrelief.com/tax-relief-blog/?p=579 Did you receive letter from the IRS informing you that they have found you guilty for tax evasion? If yes, you must be in a panic. To deal with the situation, best thing to do is to hire a tax attorney. However a general tax attorney would not be a good choice in such situation. Criminal tax attorney would be an ideal pick. It doesn’t matter whether you have commit errors while preparing taxes intentionally or unintentionally. As of now, for IRS you have evaded taxes and you need to pay penalties and other charges and end up in detention, if you cannot prove yourself innocent.

Criminal Tax attorney is the best person who can take you out of this mess and it is also possible that he helps you in getting tax debt relief so that your tax responsibility can be reduced. You will come across several attorneys claiming that they are criminal tax attorneys however; you should go through their previous experience to ensure you are picking the correct person. In order to find an ideal criminal tax attorney, you should not compromise on educational qualifications as well as experience. If attorney or the tax firm claims to be an expert, ask for some references so that you can get the feedback from their clients. It allows you to know more about the tax attorney.

Once you hired a tax attorney, his first duty is to prove you did not evade taxes purposefully, it was an error. However, IRS closely works with the tax attorneys who know ins and outs of tax law and aware every move that your attorney would be making. Here experience plays a vital role. If you have tried to save money and hired a criminal tax attorney who doesn’t carry much of experience, be ready to face severe consequences. It is because your attorney would find it hard to answer the counter questions of the IRS attorney. Before court hearing, you would need to meet the IRS agent and it is always recommendable that you hire tax attorney prior meeting.

Tax attorney will go through the details and evaluate everything. Meanwhile, he should also check if none of your rights as a taxpayer are being violated. If you want to get out of this mess without paying penalty, you must co-operate the attorney. You should provide every document every invoice he is looking for. Also, follow whatever instruction he is giving. He will be communicating with the IRS agents on your behalf. Therefore, you don’t need to answer the tricky questions that are full of financial terms. IRS tax attorney are not concerned about your rights as a taxpayer as they are hired just to take money out of your pocket. However, if an experienced tax attorney is representing you in the court, he will help you in protecting your rights and in saving hefty amount of money.

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How To Spot Phishing Emails From IRS http://www.titantaxrelief.com/tax-relief-blog/how-to-spot-phishing-emails-from-irs/ http://www.titantaxrelief.com/tax-relief-blog/how-to-spot-phishing-emails-from-irs/#comments Wed, 12 Jan 2011 13:31:02 +0000 admin http://www.titantaxrelief.com/tax-relief-blog/?p=556 Did you ever found email from IRS in your mailbox? With the advancement in technology, communication has become very easy. However, the same technology has given opportunities to cyber geniuses to earn money. They hack financial accounts of others and take money out. They also send phishing mails to get personal and financial details. However, they need to use name of some reputed company so that people don’t suspect the phishing mail. IRS is the biggest collection agency so, there are hacker are using its name to collect personal and financial details.

Foremost thing, IRS doesn’t believe in communicating with taxpayers through emails. In case, you are not aware of this fact and receive email from the IRS, how would you decide whether it is a genuine mail or phishing mail? As we have discussed earlier, it cannot be a genuine mail. But the first sign of a phishing mail is that IRS would be asking for personal and financial information. Ironically, IRS already has your details with it.

In phishing emails, you will find that they require your personal information such as your Social Security Number or mother’s maiden name. In some mails, they also ask for financial information such as your bank’s name, bank account number, credit card details or internet banking details. Had it been the mail sent by the IRS, they would not ask for personal or financial details. You will also come across emails that say it is an IRS survey and if you participate, you will be getting some reward. IRS would never want you to fill a form online and give you refund and they are not interested in knowing what tax relief options you are entitled to. Moreover, you should never expect any rewards from IRS. You should always stay away from the mails that are sent by the IRS to give to something, if you give them information.

You will also come across threatening mails. In this kind of mails, you will get a clear instruction that if you don’t provide asked information; extra penalty and charges will be added to your tax responsibility. Another threat could be your refund would be on hold. IRS would never threat you to get information. If you file taxes with wrong information, you might receive a letter for audit. Therefore, most of the taxpayers keep updating their information with the IRS. Another way to check the genuineness of the mail sent by the IRS is to click the link given in the mail. If it is a phishing mail, it will direct you to some fake website.

You should always act smart when you receive an email asking for money or personal details. Before proceeding with the email, make sure you have checked the URL from where you have received the email. If it is different URL from IRS one, then it is a phishing mail. Also, sender’s email lets you check the genuineness of the mail. If the domain name is something different and does not contain IRS’ domain, don’t reply it!

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What if IRS Calls You http://www.titantaxrelief.com/tax-relief-blog/what-if-irs-calls-you/ http://www.titantaxrelief.com/tax-relief-blog/what-if-irs-calls-you/#comments Wed, 22 Dec 2010 07:38:55 +0000 admin http://www.titantaxrelief.com/tax-relief-blog/?p=534 Did you ever receive a call from IRS? If yes, it is a point of concern however, you should know how to handle it. Otherwise you might make a mistake that could put you into greater trouble. Therefore, to respond an IRS call needs planning and preparation. It doesn’t mean that you need to prepare days before IRS calls you; it simply means that you should have skill of spontaneity so that you can answer IRS questions a bit professionally.

In order to answer the IRS’ call without making any blunder first thing that you should do is not to get panic. IRS called, there must be something. However, first of all you should try to know for what reason the largest collection agency is calling you. Sometimes IRS calls in response to IRS relief fund as well. But before knowing the concern of call try to know if this was actually IRS or it was just another hoax call. These calls are made by people who want to take your personal details such as social security number, birth date or bank account details. You just need to remember that whenever an IRS agent calls, he/she needs to state his/her name in addition to unique identification number. In case, you are not whether this call was from IRS or not, you can always call any of the local IRS offices and verify the details to ensure it was an IRS agent.

Always remember IRS never calls you. They first establish a contact through correspondences and notices. In case, you ignored them or have not received the letters from IRS then you will get a call. If you have been ignoring letters, you must have an idea why IRS is calling you. Therefore, you would have an answer for them. Now, the next question that arises is that how serious is your tax issue is? Sometimes IRS contacts you with the name of Automated Collection System. First of all IRS would send you a letter along with tax bill with information how much you owe to the IRS. If you take these letters for granted, you are more likely to receive a call from IRS which would be an ordinary collection call. You don’t need to handle a tax attorney to handle such situation; if you know basics you can negotiate with the IRS.

This was not a serious issue. In case, you receive a call from Revenue Agent, situation will be completely different. You can get out of this mess only with the help of a tax attorney. You have received this call because you might not have filed your tax returns; there could be a balance due on your return or they are calling you to inform that there is an audit on your tax return(s).

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Tax Attorney – Best Person to deal with IRS http://www.titantaxrelief.com/tax-relief-blog/tax-attorney-best-person-to-deal-with-irs/ http://www.titantaxrelief.com/tax-relief-blog/tax-attorney-best-person-to-deal-with-irs/#comments Fri, 29 Oct 2010 13:41:27 +0000 admin http://www.titantaxrelief.com/tax-relief-blog/?p=482 Facing tax issues? The daunting situation of tax problems can leave even the most intellectual taxpayers dilemma. However, it doesn’t mean that these situations do not have solution. You need to hire an expert tax relief attorney so that tax issues can be handles in a professional manner in addition to minimizing your tax amount with the help of tax relief options you are entitled to. Tax attorneys are specialized in dealing with liens, penalties, audits and assessments. Dealing with IRS is not everyone’s cup of tea. If you want to win the mess with IRS, you must have immense knowledge of tax law. It might sound very easy however; tax law is one of the toughest subjects you would ever come across. Moreover, tax law keeps on changing which makes tax law and its clauses almost impossible for people who hardly come in contact with the taxes.

Tax attorneys deal with the taxes on daily basis. Therefore, they are the best people to get in touch with whenever IRS sends you a letter or notice or you are clueless about preparing and filing your taxes. He is the person who knows ins and outs of IRS. Therefore, as a client, you can be sure of confusion free and error free return filing. He will deal with the tax issues on your behalf without violating any legal guidelines. There are some issues when hiring a tax attorney becomes necessity. These issues are: tax debt issue, tax audit, wage garnishment, tax lien etc. whether you are in regular job or own a business, tax attorney would help you in several ways. If you want to file an appeal against the decision made by the IRS, a professional assistance is very much required. Why? Because these things must carried out under professional supervision. Tax relief attorney also help you in negotiating your back taxes with the back taxes. There are several alternatives such as offer in compromise, payment plan etc.

He will make you aware of all alternatives with their limitations as well as benefits. Organizing all you paper work while preparing taxes is also handled by the tax attorney. He knows what tax relief options you are entitled to and what are the main documents that you would need to submit to claim the relief, tax credit and tax deductions. Sometimes, if you ignore correspondences and calls from IRS, the tax authority might file a criminal case against you. Legal hearings cannot be managed by someone who does not have knowledge of tax law and work ethics of the IRS. Hence, only experienced tax attorney can be your savior. In most of the cases, tax payers are not even aware of their right as a taxpayer. This keeps them away from claiming whatever they are entitled to. Moreover, while dealing with IRS, they cannot take a stand against IRS Agent who is not treating them well during a tax audit.

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What to Do When You Find IRS Collection Notice in Your Mailbox http://www.titantaxrelief.com/tax-relief-blog/what-to-do-when-you-find-irs-collection-notice-in-your-mailbox/ http://www.titantaxrelief.com/tax-relief-blog/what-to-do-when-you-find-irs-collection-notice-in-your-mailbox/#comments Thu, 28 Oct 2010 12:55:11 +0000 admin http://www.titantaxrelief.com/tax-relief-blog/?p=480 Did you find IRS collection notice in your mailbox? You must be reading through IRS’ message of garnishing your wages and put levy on your property and bank accounts. This is the time when you need to act fast. Acting fast doesn’t mean that you should get panic. Once you get the collection notice, you should look out for help. Most of the taxpayers find themselves in confusion that whom needs to be approached in this scenario. There are taxpayers who try to solve this issue on their own. However, in most of the cases, they find themselves in big legal mess because they are not aware of complicated tax law. Coping up with constant changes of tax law is another big issue for taxpayers.

Therefore, you should look out for professional help from certified tax resolution specialist or tax attorney. It allows you to deal with the tax issues effectively. He/she would not only help you in dealing with the tax issue but will prepare your case in a way that you get hefty amount of IRS debt relief. IRS is infamous for its brutal collection procedures. So, experts always suggest taxpayers not to get into battle with IRS; if you have not hired an expert tax attorney yet. Another thing that you should after getting notice from the IRS is to communicate with the tax authority. If you ignore notice from IRS and do not get into touch with the IRS, it might lead to tax liens and IRS levies. Whether you have hired tax attorney or not; you should call IRS once you have received the collection notice. Inform them that your tax attorney will get in touch with the IRS soon. Don’t forget to take name of the agent you spoke to on addition to his/her ID number. Time should also be noted down. Tax professional knows ins and outs of the IRS’ work ethics. So, you can be sure of that your issue will get resolved with best results.

Reasons for not paying taxes vary from one taxpayer to the other. Therefore, IRS understands its limitations of collecting taxes. IRS considers genuine reasons for not paying taxes such as death in family, going through divorce, long term illness and job loss. If you fall in any of these categories, IRS will put your case in currently not collectible status and proceedings of collecting taxes will get stopped. Other alternatives that your tax attorney will make you aware of to settle the issue of back taxes are payment plan and offer in compromise (OIC). Tax professional will negotiate with the IRS for payment plan depending upon the amount of your back taxes and your current financial situation. In OIC, negotiation will be done on lump sum amount that you need to pay to clear the back taxes.

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Reduce Your Chances to Get Trapped in Cage of IRS Audit http://www.titantaxrelief.com/tax-relief-blog/reduce-your-chances-to-get-trapped-in-cage-of-irs-audit/ http://www.titantaxrelief.com/tax-relief-blog/reduce-your-chances-to-get-trapped-in-cage-of-irs-audit/#comments Thu, 21 Oct 2010 12:50:58 +0000 admin http://www.titantaxrelief.com/tax-relief-blog/?p=466 Every year IRS audit hundreds and thousands of businesses and taxpayers every year. You could have heard about several things about how you would be selected by the IRS for audit. However, no one has ever confirmed what is the exact procedure followed by the tax authority. Therefore, rather than wasting your time while trying to know the procedures of IRS, you should concentrate on preparation of your taxes so that IRS won’t find any reason to audit you. There are few things that you need to take care of and you will be able to stay away from the mess of tax audit.

One of the major reasons of falling prey to the IRS systems is silly arithmetic mistakes. Once you are done with the filing, you should double check the calculations to ensure that everything is correct. It is understood that calculations of the tax return is quite boring. So, you can ask someone else to go through the calculations once again. It slows to find errors with fresh eye. Once you are done with the filing, it would go through the checking procedure by the IRS systems. If there are multiple errors in income and expenses, you tax return filing will get flagged in the system and could lead to tax audit.

Another thing that can keep you away from tax audit is correct information about tax credit, deduction and IRS tax relief. If you overstate your deduction, you are more likely to get caught by the IRS systems. Moreover, supporting documents are also required to prove that the deductions you are claiming are genuine. Your income tax bracket will be used to evaluate the relative deductions. For example, you have yearly income of $75000 and you are claiming child care credit for $10000 and charitable contributions of $35000 which is quite not possible. Therefore, declare only those deductions and credits that are genuine and for which you have valid proof.

At times, taxpayers try to hide their income to reduce their taxable income. However, if you understate your earnings, be ready to find letter for audit from IRS in your mailbox. IRS keep close on the filing of taxpayers who earn mostly in cash or those are into service oriented professions. If you think you are getting paid in cash, IRS would not have any clue how much you are earning; then you are wrong. Why? It is because the client who is paying you in cash would be deducting this amount while preparing their taxes. “Self employed taxpayers” is the favorite clan of IRS. If you are a self employed tax payer, you should retain all invoices, bills and receipts of the amount you have paid on meals and entertainment. While claiming home office deduction, you should claim deduction for the space that you are using for strictly for your business.

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IRS Levy is a Scary Situation But Not Unstoppable http://www.titantaxrelief.com/tax-relief-blog/irs-levy-is-a-scary-situation-but-not-unstoppable/ http://www.titantaxrelief.com/tax-relief-blog/irs-levy-is-a-scary-situation-but-not-unstoppable/#comments Sat, 18 Sep 2010 13:48:42 +0000 admin http://www.titantaxrelief.com/tax-relief-blog/?p=454 Issue of back taxes might put you into a situation where you will find yourself completely helpless and hopeless. It is because if you fail to pay back taxes in time IRS is authorized to put levy on your valuable assets such as property and vehicle. Moreover, they can also garnish your wages. In other words, you get paycheck after IRS deducts its share. Levy takes once you not respond or fail to pay even after receiving letters, phone calls and reminders from the tax authority. Are you aware of the procedure which is being followed by the IRS in case of bank levy? In an event of bank levy, your funds get seized. IRS issue levy to the bank and for next 21 days your funds in the account get freeze. The time span of 21 days is for you to solve the issue of back taxes with the IRS. If matter gets solved, you would be able to use your account otherwise the money in your account will be applied to the money you owe to the IRS.

Another kind of levy is wage garnishment. In the scenario of wage garnishment, IRS deducts the money from your wages. It is quite similar to paying monthly installment for your vehicle. Worst part of wage garnishment is that you don’t have much of options because there are no tax debt relief options at this stage. Moreover, wage garnishment can lie anywhere between 30% and 70%. IRS first sends a notice to your employer regarding the garnishment, if employer doesn’t follow the instructions legal consequences need to be face by you as well your employer. All these things make levy one of the scariest situations, you can ever think of. However, there are ways to stay away from IRS levy.

If you can hide your assets from IRS, there are chances that you can keep IRS away from your bank accounts, vehicle and property. Moveable items such as cars, boats and motor homes cannot be seized by the IRS if the existence of such items is known to the tax authority. Moreover, if the moveable items are outside your state or country, it is quite impossible for IRS to locate them. However, keeping information about your assets from the IRS is illegal and can put you into big mess. You can also transfer your assets in someone else’s name however, this should be done before levy takes place. If you try to transfer the assets after levy placed on them, legal actions will be taken against you.

In case, you are not sure about transferring assets, it is procedure of transferring the ownership. You can transfer your assets in the someone on whom you can trust and he/she will become the legal holder of the assets and IRS would not be able to levy on them. Once the tax debt issue gets resolved, you can transfer the assets in your name.

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What Happens When IRS Calls http://www.titantaxrelief.com/tax-relief-blog/what-happens-when-irs-calls/ http://www.titantaxrelief.com/tax-relief-blog/what-happens-when-irs-calls/#comments Tue, 07 Sep 2010 14:22:34 +0000 admin http://www.titantaxrelief.com/tax-relief-blog/?p=445 Did you ever receive a call from IRS or got their message on your answering machine? Most of the people will get panic after listening that “he/she is an IRS agent!” However, panic would ruin everything and you are more likely find yourself in a big mess. If IRS has left a message on your answering machine, it’s an opportunity for you to prepare yourself before responding. Getting is obvious because one of the largest collection agencies in US is calling you. But it doesn’t mean you should do something dumb in nervousness. Therefore, start from the basics to handle such calls. First of all, you should check, is really IRS called or someone trying to be Ashton Kutcher and you are getting Punk’d.

There have been reports about such scams where taxpayers alleged that they are getting calls from IRS. However, after enquiry it was revealed that IRs never called them but someone was trying to get personal information from them. Social Security Number and Date of Birth always remain the top priorities of such scammers. Remember, whenever you receive call from IRS, the agent will specify his or her name and identification number. In case, you are in doubt, you can always call the IRS back to confirm if the agent’s name and the identification number are genuine or not. Once you find out that it was IRS who called you, its time to analyze the issue; to know how to solve it and what would be the consequences in case you fail to provide IRS the required information.

Now you know that there were some issues with your filing or you have some back taxes and this is the reason why IRS called you. Check how big the issue is. If you are not clear with the call, you should check your mail because IRS calls after sending your letters. Go through these letters and try to know the exact reason. The call from IRS can be categorized in two ways: serious IRS calls and ordinary collection calls.  IRS uses an ACS (Automated Collection System). IRS sends you tax bill or letter asking for some information such as tax relief and tax credits you’ve availed or payment. In case, you don’t reply, you will receive a call. However, this call will be an ordinary call from IRS call center. In most of these cases, you can handle the situation on your own without employing any tax professional.

In case, the caller introduces himself/herself as IRS agent, situation would be more serious than an ordinary collection call. This is the situation where you are already under surveillance. There could be several reasons for receiving this call: unfiled taxes, balance due, penalties and charges and declaration of tax credits without valid proof. While talking to the IRS agent for the first time refrain from getting into an argument, just inform him/her that your tax attorney will call back. Be polite while conversing and find a qualified tax attorney as quickly as possible so that issues can be handles without much of difficulties.

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What to do When You Receive Tax Collection Notice from IRS http://www.titantaxrelief.com/tax-relief-blog/what-to-do-when-you-receive-tax-collection-notice-from-irs/ http://www.titantaxrelief.com/tax-relief-blog/what-to-do-when-you-receive-tax-collection-notice-from-irs/#comments Tue, 31 Aug 2010 13:57:25 +0000 admin http://www.titantaxrelief.com/tax-relief-blog/?p=439 Have you received the terrifying tax collection notice from IRS? The tax collection notice is a kind of last warning from the tax authority that’s why most of the tax debtors get panic after receiving the tax collection notice. Therefore, first thing that you should do after receiving the notice is that look out for the right help rather than getting panic.

IRS help is easily available, if you have received a collection notice however, you should know whom to approach to solve the back taxes issues. The major mistake that most of the tax debtors is that they try to handle the situation on their own. They think that they will save money by not hiring a tax expert however; they end up finding themselves in deeper trouble. Since they are not aware about the work ethics of the IRS, they find themselves helpless when IRS agent asks complicated tax related questions. A legal counsel is required to deal with the IRS in case of back taxes. It is necessary to get assistance of a tax attorney because they tax professionals are the people who deal with complicated tax issues and IRS agents on daily basis. Tax law keeps on changing with time and if you are not dealing with it regularly it is quite impossible for you to be in-sync with the alterations of the tax law.

If you neglect the collection notice and do not communicate with the IRS, you would be facing IRS levies and tax liens in result. However, only an experienced tax attorney can fix it. He/she is the person who knows ins and outs of the IRS and will handle all the communications with the IRS. Once you know that IRS is on the verge of sending you a next notice for audit or tax lien or levy, you should get in touch with your tax attorney and if you don’t have one search for an experienced one on the internet. You can take some references from your friends and families. A tax professional will keep your bank accounts and credit ratings away from any hindrances. They can appeal for the halt at the proceedings so that you can prepare yourself for the battle with the IRS. Moreover, tax attorney will suggest you some tax debt relief options that will minimize the amount of your back taxes.

In case, you have genuine for not paying the taxes and your financial condition is still not good enough to pay the back taxes, your account will be placed in “currently not collectible.” However, you must have genuine reasons such as death in family, long illness, divorce etc. Getting qualified for “currently not collectible” is not at all easy. Therefore, most of the debtors go for IRS payment plan. Your tax attorney will negotiate with the IRS on the payable amount.

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What Do You Know About IRS Audit http://www.titantaxrelief.com/tax-relief-blog/what-do-you-know-about-irs-audit/ http://www.titantaxrelief.com/tax-relief-blog/what-do-you-know-about-irs-audit/#comments Wed, 18 Aug 2010 14:03:08 +0000 admin http://www.titantaxrelief.com/tax-relief-blog/?p=434 Have you filed this year’s tax return? Are you sure that all information that you have filled in the tax forms is correct? In case, IRS has doubts on the contents of your return, they have authority to audit you. From IRS’ point of view, the successful tax audit is the one that makes the taxpayer liable to pay large tax due. One of the biggest reasons why you get so much respect from IRS is that you have tried to play with the numbers in order to reduce your tax amount. It does not mean that every person who has received the letter for audit has committed mistakes intentionally.

IRS letters are not blaming anyone, if you can answer the IRS question you can come out the mess without even paying a penny. However, if you fail to answer their questions and provide apt proof of your deductions and tax relief options, you would need to pay the remaining amount in addition to the penalties and interest. If you could not pay the amount in time, IRS is authorized to garnish your wages and seize your bank accounts. Whenever you receive letter from IRS, don’t get panic. Go through it thoroughly and try to figure what information IRS wants from you. If you are ready with the information or confident that you can arrange it without any difficulty, you should respond the letter and ask for the meeting.

In case, you find that it is not easy for you to face the complicated questions of IRS, you should call the IRS and inform them that you are hiring a tax professional who will represent your case. It will allow you in buying time and IRS will get an impression of a responsible person. Make sure, you have taken the name and badge number of the IRS agent you had a word after receiving the letter. Also, don’t forget to make a note of the time and date of the conversation. If IRS denies that you never called them, you can show these details as proof of your conversation. In the same conversation, you can clear the reason for auditing.

Once you are clear about the reason of audit, you should arrange all the required documents that too in original at the earliest. Prepare yourself beforehand. Majority of people tend to arrange the documents a day or two before meeting with the IRS. Organizing your records is the most important thing if you want to come out of the audit without promising to pay anything. If you are throwing a bunch of receipts, invoices and bills on the face of IRS agent, you are most likely to get notice of deficiency. Meeting with the IRS will be full of complicated questions. So prepare yourself or hire a tax attorney.

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