Do Income Taxes Threaten Your Well Being?

ings threaten your well-being like the harassment andleast amount that the IRS will accept from you. If the
anxiety of persistent tax problems. Most people makeOffer is not submitted correctly it will be rejected, or
3 mistakes that get them in trouble with the IRS. Theyyou may be required to pay more than is necessary.
procrastinate.An Offer in Compromise may save you a LARGE
They attempt to represent themselves. They hireamount of money. Do you know that the IRS only has
sub-par representation and now are in MORE need ofa limited time to collect your back taxes?
help than ever before.Let a Professional Tax Attorney determine when the
These are the kind of services a Tax Attorney canIRS' time limit to collect taxes runs out. In most cases
provide: Offer in Compromise Cases, Penaltythe IRS has only a limited time to collect the unpaid
Abatement Petitions, Full Audit Representationstaxes.
Business Strategy Sessions. Preparation and Filing ofYou must CAREFULLY evaluate exactly when that
Tax Returns.time period will run out. Your troubles may be solved.
Settle taxes for Pennies on the Dollar owed, Stop IRSand moreover: If the IRS' time has run out, or if it will
wage and bank levies (garnishments), Have propertyrun out soon, your troubles may be over.
liens lifted, get affordable installment agreements, FileDelaying tactics may be used to stall the IRS while
bankruptcy against the IRS, Have penalties and interesttheir time runs out. Once the IRS is out of time, they
forgiven, Reduce taxes by running out the IRS' time toMUST stop ALL collection action against you.
collect.The IRS MUST release all property liens
Offer in Compromise: Settle your taxes for Pennies onTAX RETURNS - FAILURE TO FILE
the Dollar owed Professional law offices can help getMany people fail to file Individual Income Tax Returns
you a favorable settlement with an experienced IRSfor a variety of reasons. Some reasons are innocent,
tax attorney. The IRS' Offer in Compromise programalthough the most common is the fact that people
allows taxpayers to settle their tax debt.can't afford to pay the taxes.
What is an IRS offer in compromise?When this happens it becomes difficult to get back into
It settles your tax liability for less than the full amountthe system. "I filed for 1998. I couldn't pay for 2000, so I
owed, providing you can prove you don't have thedid not file.
ability to pay. Depending on how much you can afford,Then I was afraid to file for 2001. I haven't filed since
you really can pay "Pennies on the Dollar Owed" inthen. What can I do now?"
taxes.If you do not file Income Tax Returns you commit a
If it is done correctly - this option could save you ancriminal offense. However, no one who has voluntarily
enormous amount of money, and is the best strategyfiled back returns before being caught has ever been
for most taxpayers. You should take extreme caution.criminally prosecuted. That is the first key: filing
You should hire a professional with knowledge of theBEFORE they catch you.
IRS' procedures. This professional should determine the