A Tax Solutions Attorney can assist you with:
- IRS Debt Settlements
- IRS Tax Relief
- Tax Problem Resolution
- IRS Offer in Compromise
- Tax Lien Relief
- Tax Levy Release
- IRS Wage Garnishment
- Unfiled Tax Returns
- Tax Penalty Abatement
- IRS Installment Agreement
- Audit Representation
- Tax Liability Analysis
WE CAN HELP YOU SOLVE YOUR TAX PROBLEMS!
At the TAX SOLUTIONS LAW FIRM, LLC, we provide affordable tax help to individuals and businesses with tax problems. No gimmicks or fast-talking salespeople–just straight-forward, honest advice that solves real-world tax problems. Our experienced, local tax attorney can help you resolve your tax problems and allow you to reclaim your life and eliminate the burden of tax debt.
Are you looking to reach a tax settlement with the IRS so that you can live your life again–free from worry about what the IRS might do to you? If so, you have come to the right place. At the Tax Solutions Law Firm, we help ordinary taxpayers settle their tax debts with the IRS (and the Kansas and Missouri Departments of Revenue).
As a part of our services, we can provide you with a personalized tax settlement analysis. This analysis will provide you with the information necessary to make informed decisions about solving your tax problems.
The longer you wait to resolve your tax problems, the more aggressive the IRS collection methods will become. Under federal law, the IRS has tremendous authority to collect the taxes owed. This collection authority includes wage garnishments, bank levies, even seizing your assets.
Fortunately, there is good news: Your IRS problems can be solved! But YOU must take action to solve them – your IRS problems will not go away by themselves. If solving your tax problems were easy, you would have done it already.
Why should you contact the TAX SOLUTIONS LAW FIRM, LLC to assist you with solving your tax problem?
As with any large problem, the first thing to do is break it down to smaller steps. You have already taken the first step by admitting that you have a serious problem and investigating professional help. The second step you should take is to call us today for your free phone consultation. There is no reason to live in fear from the IRS any longer. With qualified help just a phone call away, you can begin to reclaim your life today. Call us today at 913-491-4357 (HELP) to see how we can help you. You will be happy you did.
Tax Law Updates
August 23, 2016
A FEW GOOD REASONS TO FILE A TAX RETURN-EVEN IF YOU CAN’T PAY
After weeks of procrastination, you finally prepared your tax return-only to discover you owe more in tax than you can afford to pay. What do you do about the situation? We see many taxpayers who, upon completion of their tax return with the balance due, simply decide not to file the tax return and hope the IRS will not catch up with them. This is not a good strategy. For the reasons summarized below, it is our recommendation to file your tax return when you are legally required to do so-even if you have a balance due. This is especially true if you receive W-2 or 1099 income (because these sources of income are reported to the IRS by the payor).
Even if you cannot pay the balance indicated on your tax return, you should file the return for several reasons.
First, if the IRS is aware of your income sources (specifically 1099 income or W-2 income), the IRS will prepare a tax return for you if they believe a balance is due. After the IRS prepares a tax return for you, known as a substitute for return, the IRS can begin collection activity on the balance owed on that return.
Second, when you timely file a tax return, the penalties are reduced. The IRS charges both a failure to pay penalty of 1% of the unpaid taxes for each month taxes are unpaid and a failure to file penalty of 5% of the unpaid taxes for each month a tax return is not filed. If you file your tax return even with the balance due, you will avoid the 5% per month failure to file penalty.
Third, under some circumstances, your unpaid income taxes can be discharged in bankruptcy. However, one of several requirements to have your taxes discharged in bankruptcy is the filing of a tax return by the taxpayer. If you do not file a tax return and the IRS files one for you, that tax year can NEVER be discharged in bankruptcy under current IRS policy.
Fourth, believe it or not, the IRS does have limitations on its authority. Filing a tax return starts the statute of limitations for additional assessments of tax and the ten (10) year statute of limitations on collection of the tax. If you never file a tax return, the ten year collection period for the IRS never starts.
At the Tax Solutions Law Firm, we can help you file your current year tax return or even previous year tax returns. If you are like many of our clients, this is the first step to solving your tax problem once and for all. Call us Today. We can help you solve your tax problems.