Residents of NYC can Legally Avoid Paying up to 90% of their tax debt

Find out how from our BBB A+ Rated Law Firm

Which IRS Programs You Qualify For
How Much You Can Legally Avoid Paying
Exactly What Steps to Take Next

Take the 59sec Tax Savings Calculator Now to Find Out:

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1) Who do you owe tax debt to?

2) About how much do you owe in tax debt?

3) Do you have un-filed back tax returns?

4) Have you had a wage garnishment, tax lien or bank levy?

5) Have you received threatening or confusing letters from the IRS?

6) Great! Now we just need to know where to send your results to?

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Here's How the Process Works:
1

Free Initial Consultation and Financial Analysis

15 Minutes - We will go through your entire financial situation, step-by-step and see what programs you qualify for, determine how we can help, and answer any questions that you may have.

2

Research & Investigation

4-7 Days - Using the Power of Attorney, we will work with the IRS to determine what evidence they have against you (without disclosing anything), so we can create a plan of attack.

3

Fight for the Best Resolution

1-3 Months - After learning exactly what they have against you, we will negotiate with the IRS on your behalf, removing all the penalties we can, and fighting for a great settlement for you.

4

FREEDOM!

Forever - Once your tax burdens have been lifted, you can go on living your life again! You will finally be free of the burdens chasing you, and can start fresh with no tax debt!

Our Law Firm can Help you get out of IRS Problems once and for all

Highly Experienced New York City Tax Lawyer

Proudly serving the entire New York Area

One of the primary difficulties that most New York City citizens run into in relation to IRS back taxes is feeling anxious and overwhelmed concerning the money that they owe.

We believe that no one should need to go up against the IRS alone anymore.

It is just not fair what they get ordinary tax payers through, and we consider they must not get away with it.

That’s for a restricted time only, individuals who are having trouble with back tax debt in the state of New York, but more particularly New York City may qualify for a free 7 Day Free Trial of all of our tax relief services. That means you don’t pay a penny for the complete use of our experienced team for a complete week.

That’s on top of our no questions asked 30 Day Money Back Guarantee. In case you aren’t satisfied for any reason with our service, simply let us know within 30 days, and you will get all of your cash back.

What is it that you’re waiting for? The longer that you put it away and wait, the more penalties and interest charges the IRS will tack on to the total amount that you simply owe. Take action and call our New York City team a call today to get started!

Give our office a call now!

Let our lawyers deal with the Internal Revenue Service and state of New York, so you could concentrate on running your business.

The IRS is a formidable money making machine for the Federal Government, and they are going to gather, when your business has dropped into IRS or New York business tax debt. Thus, in case your company has overdue taxes such as payroll tax debts there isn’t any need to scurry for cover (and remember – never hide) even should you know little or nothing about dealing with IRS company tax debts. There are seasoned professionals ready to help.

Un-Filed Payroll Tax Filings

The IRS looks at payroll tax – taxes imposed on employers and workers – from two views:

  • (a) Taxes a company pays the IRS based on the wages paid to the employee (known as withholding tax’ and is paid out of the employers own funds) and
  • (b) A portion of wages the company deducts from an employee’s wages and pays it to the IRS.

The employer ends up footing the bill for both the kinds of taxes as the withholding tax results in lower wages.

Tax Repayment Schedule

The schedule of these payments depends on the average amount being deposited (based on the look back period’ – a twelve month period ending June 30). This payment program can be monthly or semi weekly.

If you are a company that is new and didn’t have some employees during your look back period’ or if your entire tax liability is up to USD 50,000 for your appearance back interval’, you must follow a monthly program.

In case your payroll tax liability is less than USD 50,000 you’ll have to follow a semiweekly deposit program. You will fall into a payroll tax debt should you fail to pay your taxes on these days. You should seek the services of tax professionals keep from falling into payroll tax debt and to guide you through this maze of procedures and give a wide berth to significant fees.

How To Deal With Unpaid Tax Debts

Revenue collected through taxes including payroll tax are spent on funding plans for example; healthcare, social security, worker’s compensation, unemployment compensation and at times to improve local transfer that takes many workers to and from work.

When you need to deal with IRS tax debts, it truly is utmost important to stay in contact with your IRS officials – never avoid or conceal from them. Most IRS penalties contain a compounded rate of interest of 14% this can turn a business turtle in an extremely brief time, so dealing with IRS company tax debt it paramount.

How a Professional New York City Tax Professional Can Help

Being in an IRS company debt situation is serious. You might have time on your own side because the IRS is slow to begin processing your account, but when they gain impetus things get worse for you. Nonetheless, you aren’t helpless. There are procedures you may be eligible for that a New York professional can use his good offices with the Internal Revenue Service to help you over come your company debts.

Amongst others, you need a professional’s help in the event that you haven’t heard of an Offer in Compromise, Tax Lien Period, Uncollectible Status and Insolvency. Waste no more time, get in touch with us today to get out of business tax debt and save your company from closing.

Don't get scammed by a tax relief business with no track record - call our BBB A rated firm today.

Many people are law abiding New York City citizens and they fear the threats of IRS actions. Seeing this as an excellent opportunity, plenty of tax resolution companies out there set out like vultures circling on these preys that were weakened. These companies lure innocent people into their scams and commit even and consumer fraud larceny! There are various ways in which they deceive people of their hard earned money: by charging upfront nonrefundable payments without supplying any guarantees, by misrepresenting future outcomes, by posing as a service provider and selling the sensitive information of the customers to other service providers, by outright stealing from customers and so on. Thus, caution should be exercised by you when you are attempting to locate a tax resolution company for yourself.

What Scammy Companies can do

Not all New York tax relief businesses who promise to negotiate with the IRS for you are trustworthy. Since there are all those fraudulent companies out there, so, averting IRS tax aid scams is vitally important. It’s likely to avoid being taken advantage of, all you need to do to follow several hints that are useful and would be to prepare yourself in this respect! A genuine tax resolution company will consistently folow a mutually satisfactory financial arrangement wherein the payments can be made on a weekly, bi-weekly monthly or basis.

Second, it’s advisable to be very cautious when you are choosing a special tax resolution firm to work with. If they guarantee you the desired outcomes or state that you just qualify for any IRS plan without even going through a complete fiscal analysis of your present situation then chances are the company is fraudulent. After all, it is impossible for firms to pass such judgment without going through your complete fiscal analysis first. Thus, do not fall for their sugar-coated promises and search for other authentic firms instead.

How to find out about a tax relief firm

The web is a storehouse of info, but you should be cautious about using such information. For handling your tax related issues, do not just hire any random company with good advertisements or promotional efforts. So, doing your assignments and investing time in research is certainly a sensible move here.

A site with a great rating on BBB is undoubtedly one which you can place your trust in. We are a BBB A+ rated New York City firm, we help individuals by alleviating their IRS back tax debts. Our tax alternatives are reasonable, in order to ensure that your tax debts are eliminated, we don’t just negotiate for your benefit with the IRS, but rather create a practical strategy. We do all the hard work for you while you concentrate on other significant facets of your own life. Due to our vast experience and expertise in the area, you can rest assured your tax problems would be resolved promptly and effectively when you turn to us for help.

Which means you don't have to pay all at once, an Installment Agreement can spread out your payments over time

The IRS Installment Agreement is a way for taxpayers in New York City when they cannot pay it in full with their tax return to pay their tax debt. So long as their tax debt is paid by the taxpayer in full under this particular Agreement, they avoid the payment of the fee that is associated with creating the Arrangement and can reduce or eliminate the payment of interest and fees. Creating an IRS Installment Agreement requires that all necessary tax returns are filed before applying for the Deal. The taxpayer cannot have any unreported income. Individual taxpayers who owe $50,000 or less in combined individual income tax including penalties and interest can receive 72 months to pay the sum of tax owed . Sometimes, a citizen may ask for a longer interval than 72 months to pay a tax debt of $50,000 or less. back

Benefits of an Installment Plan

The agreement will bring about a few important benefits for the citizen. Enforced group actions will not be taken while an arrangement is in effect. Life will be free of IRS letters and notices. There’ll be more financial independence when the citizen can count on paying a set payment each month rather than needing to agonize about putting lump sum amounts on the tax debt. The citizen will remove interest and continuing IRS penalties. The Internal Revenue Service will assist if the taxpayer defaults on a payment supplying the IRS is notified promptly, the taxpayer keep the arrangement in force.

Problems with the Installment Agreement

Some obligations have the Installment Agreement. When due, the minimum payment must be made. The income of the incomes of joint citizens or an individual citizen should be disclosed when putting in an application for an Installment Agreement. In some instances, a financial statement must be supplied. All future returns have to be filed when due and all of the taxes have to be paid when due. Taxpayers paying their tax debt under an Installment Agreement might be asked to authorize direct debit of their checking account. This way of making monthly payments enable the citizen to request the lien notice be removed. In the event the taxpayer defaults on the Installment Agreement, but, the lien may be reinstated.

The citizen can negotiate an Installment Agreement with the IRS. Nevertheless, specific information should be supplied and any information may be subject to affirmation. For taxpayers owing more than $50,000, a financial statement will be required.

How to Get Ready to Apply for an Installment Agreement

While citizens can apply for an IRS Installment Agreement, there are several precautions that should be considered. There are some condition which can make this a challenging endeavor, although the IRS tries to make using for an Installment Agreement a relatively simple process. Since an Installment Agreement can eliminate many problems with the IRS, it is necessary to get it right the very first time the application is made.

We are the BBB A+ rated law firm serving all of New York City and New York, which could offer you skilled help. Our many years of expertise working on behalf of taxpayers who have difficulties with the Internal Revenue Service qualifies us to ensure approval of your application for an Installment Agreement.

A bank levy could be removed within 24-48 hours, but only in the event you act immediately and let our New York City team help you

Bank levies are charges imposed on your New York City bank account when you’ve got outstanding tax debt. The law allows the IRS to seize funds in your bank account for clearing your tax obligations. Unfortunately, the process isn’t consistently smooth. Typically, the association ends up freezing all the money that’s available in a given account for a period of 21 days to handle a man’s or a business’ tax obligation. During the halt, you can’t get your money. The only chance of getting them at this stage is when the interval lapses when they are unfrozen. Preventing the levy allows you to access your resources for fulfilling other expenses.

Why and When Bank Levies Get Slapped On

The Internal Revenue Service bank levies are applied as a final resort for you to your account to pay taxes. It occurs to people in New York that receive many evaluations and demands of the taxes they owe the revenue agency. Failure to act of a tax obligation within the legal duration leaves the IRS with no choice other than to proceed for your bank account. This occurs through communication between the Internal Revenue Service and your bank. If you’re unaware, you will find that on a specific day. It can be more than that and you get a refund after the levy period, although the freezing exclusively changes the amount equivalent to your tax debt. For thinking to levy plus a telling about your legal right to a hearing a closing notice is followed by bank levies. In a nutshell, the Internal Revenue Service notifies you of the bank levies that are pending. The IRS can only require money which was in your bank on the date a levy is used when applied.

How to Get a Bank Levy Removed in New York City

There is a window of opportunity for you to use to remove bank levies from your account. As you take measures to safeguard your bank assets, getting professional help is a wise move that you simply ought to take. By being a step ahead of the IRS you get rid of the bank levies. With a professional service helping out, it will not be difficult that you understand when to take your money out of the bank. You certainly can do it by getting into an installment arrangement. You may also appeal and seek qualification for ‘uncollectable status’. Lastly, you can go for ‘offer in compromise’ as a means to get tax forgiveness.

They can be very complex to implement while the solution seem simple. Have the resources to do so you must act fast, understand every part of the law and deal with related bureaucracies levied by banks and the IRS. The smart move would be to call us for professional help by means of your IRS situation. We have abilities and expertise which have made us a number one choice for lots of folks. For partnered tax professional assistance, contact us for more details and help.

Let our New York City team assist you to remove a wage garnishment quickly, and get back your hard earned money.

What is a Wage Garnishment?

IRS wage garnishment refers to the withholding or deduction of New York wages from an employee’s salary or damages emanating from instances of unpaid IRS taxes. Should you owe the Internal Revenue Service back taxes and don’t respond to payment notices or their phone calls chances are that you may be subjected to an IRS wage garnishment. In other quarters, it is also called a wage levy or wage attachment. It’s worth noting that a court order is usually not required and other state and national laws pertaining to the whole amount of exempted from garnishment does provide several exceptions for the wage levies.

The garnishment process is generally quite extended, first the IRS discovers how much you owe them in back taxes, once this has been done, they’ll send you several payment request notices in the mail in addition to more than one phone call with relation to the debt in question. Failure to respond to the phone calls and notices,automatically leads to a ‘Notice of Intention to impose” being sent to your last known mailing address. You typically have thirty (30) days to get in touch with IRS with regards to this notice before they go ahead and forwarding the notice to your New York City company. After this notice was sent to the New York City company, you’ve got an additional fourteen (14) days to make a reply before garnishment of wages begins. The company typically has at least one pay period after receiving a notice of levy before they’re required to send the money.

How Much Can the IRS Garnish from My Paychecks?

IRS garnishment rules generally allow the IRS garnish or to deduct 70% or more of an employee’s wages; this is mostly done with the aim of convincing his representative or the employee to get in touch with IRS to settle the debt.

Wage garnishments are generally one of the most aggressive and severe tax collection mechanisms and one should never take them lightly, as a matter of fact, they would rather resolve tax issues otherwise and only sanction this levy when they feel they’ve ran out of feasible options. This really is usually not possible due to a wide selection of reasons, though paying off the taxes you owe the IRS is the simplest way out of such as situation. First of all, you might not have the tax liability or the whole amount may belong to your ex spouse or someone else, you will be required to demonstrate this however.

What should I do next about garnishment?

You thus have to discuss any payment arrangements with the Internal Revenue Service and do quite quick. In this respect, it’s critical that you touch base with an expert who’ll help you quit or end the garnishment and to easily obtain a wage garnishment discharge. We are a New York City BBB A+ rated tax company using a team of exceptionally qualified tax lawyers with years of expertise and also a long list of satisfied customers to demonstrate this. Touch base with us and we guarantee to get back to you within the least time possible, usually within one working day or less.

Other Cities Around New York City We Serve

Address

New York City Instant Tax Attorney

25 5th Ave, New York, NY 10003
Phone

(315) 314-9522

Customer Rating
Services / Problems Solved
Removing Wage Garnishments
Getting Rid of Tax Liens
Removing Bank Levies
Filing Back Tax Returns
Stopping IRS Letters
Stopping Revenue Officers
Solving IRS Back Tax Problems
Ironing out Payroll Tax Issues
Relief from Past Tax Issues
Negotiating Offer in Compromise Agreements
Negotiating Innocent Spouse Relief Arrangements
Penalty Abatement Negotiations
Assessing Currently Not Collectible Claims
Real Estate Planning
Legal Advice
Tax Lawyers on Staff
Steve Sherer, JD
Kelly Gibson, JD
Joseph Gibson, JD
Lance Brown, JD
Cities Around New York City We ServeAlbertson, Arverne, Astoria, Atlantic Beach, Bayside, Bellerose, Breezy Point, Bronx, Bronxville, Brooklyn, Cambria Heights, Carle Place, Cedarhurst, College Point, Corona, East Elmhurst, East Rockaway, Eastchester, Elmhurst, Elmont, Far Rockaway, Floral Park, Flushing, Forest Hills, Franklin Square, Fresh Meadows, Garden City, Glen Oaks, Glenwood Landing, Great Neck, Greenvale, Hastings On Hudson, Hewlett, Hollis, Howard Beach, Inwood, Island Park, Jackson Heights, Jamaica, Kew Gardens, Larchmont, Lawrence, Little Neck, Long Beach, Long Island City, Lynbrook, Malverne, Manhasset, Maspeth, Middle Village, Mineola, Mount Vernon, New Hyde Park, New Rochelle, New York, Oakland Gardens, Oceanside, Ozone Park, Palisades, Pelham, Port Washington, Queens Village, Rego Park, Richmond Hill, Ridgewood, Rockaway Park, Rockville Centre, Rosedale, Roslyn, Roslyn Heights, Saint Albans, Sea Cliff, South Ozone Park, South Richmond Hill, Springfield Gardens, Staten Island, Sunnyside, Tuckahoe, Valley Stream, West Hempstead, Whitestone, Williston Park, Woodhaven, Woodmere, Woodside, Yonkers
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WikipediaNew York City Wikipedia Page

What Do Tax Lawyers Do for You?

Tax attorneys in the New York City area assist you to solve your tax issues with the Internal Revenue Service simply because they specialize in the minutiae of the IRS tax code. They provide guidance in the areas of estate planning, trusts, tax disputes, and business tax law, especially on complicated legal problems. Attorneys are strong negotiators who construct arguments which best support a desirable position and assess case facts in light of the law. They may use the court system in ways that offer leverage in resolving tax cases.

What Sort of Tax Debt Resolution Programs Are Available?

There are several IRS tax aid programs to help, for example, bureau's Fresh Start initiative. The software allows people to make smaller monthly payments until the entire debt is satisfied. An Offer in Compromise (OIC) lets citizens forever pay their tax debt for less than the amount they owe. The OIC is an important instrument to help individuals in small circumstances; taxpayers are eligible only after other payment alternatives have been exhausted. To individuals who haven't paid their taxes because of a special adversity in New York City, the IRS may offer fee abatement in very limited circumstances.

Will negotiating with the IRS result in a higher tax debt if they find something out?

It occurs that they find out something and when you're negotiating with the IRS, they threaten you with charges that are serious and even may be harsh on you. It is one, and an extremely serious situation that you do not care to manage by yourself. There are times when the IRS has no alternative but to pursue criminal charges. Broadly speaking, this really is the consequence of income tax evasion. In the event you don't, the IRS will require begin to send notices to you. The more time you go without paying or reacting the more it seems that you are concealing.

What Should I Do If I Can’t Pay My IRS Tax Debt?

In the event you can't pay the taxes you owe, the IRS has payment options available. Which option might work for you generally is dependent upon how much you really owe and your current financial situation. Each alternative has different requirements and some have fees. Individuals facing financial issues may find that there is a tax impact to occasions for example New York City job loss, debt forgiveness or tapping a retirement fund. For example, in case your income decreased, you might be just eligible for certain tax credits, including the Earned Income Tax Credit. Most of all, in the event that you think you might have trouble paying your tax bill, contact the IRS immediately.

How to Reduce Tax Debt to the IRS?

There are several approaches to reduce the IRS tax debt of one. First, applying the help of a CPA or a tax attorney in New York City to aid in assessing the citizen's situation and coming up with the most effective game plan to decrease the individual's Internal Revenue Service (IRS) tax debt is a good starting point. These tax professionals can give sound guidance about how to reduce your tax debt and they are equipped with the knowledge on how best to handle the Internal Revenue Service. If a citizen truly has severe back tax debts, then the amounts can be dealt with by a tax professional and produce the best solution to remove the tax debt in New York.

What should I Do if the IRS Rejects my Offer in Compromise?

In the event the IRS rejects your offer in compromise, you must set the following documentation set up and be ready to make an application for an appeal regarding the offer in compromise: The 30-day letter rejecting the OIC; Worksheets that came with the rejection letter; Form 656, Offer in Compromise. Form 433-A, Collection Income Statement for Wage Earners and Self Employed Individuals that you submitted to the IRS by means of your Form 656, Offer in Compromise. You must take note that throughout the self-help tool, where a Form 433-A or 433-B is mentioned, the Form 433-A (OIC) and 433-B (OIC) may also be used.

What Tax Debt is Dischargeable?

Most unsecured consumer debts like back lease, utility bills, medical bills, personal loans, government benefit overpayments, and credit card fees are dischargeable in Chapter 7 bankruptcy. There is an exception to discharge if the money, New York property, or services was obtained under false pretenses. The false pretense must have been made in writing to the creditor along with the misrepresentation must have been material, which suggests the portrayal was such that the creditor wouldn't have extended credit had the true facts been known. Moreover, cash rulings are typically dischargeable, with a few exceptions.

How Can I Get My Tax Debt Forgiven?

You can get your Tax Debt forgiven by requesting what is referred to as' status that is uncollectible.' This is the process the IRS uses to freeze the collection account. The agency ceases in order to give you time to get back on your feet, any efforts to apply collection. While it is not a long-term fix to your New York tax issue, it does help significantly by ceasing wage levies, bank levies and property seizures. You need to file a financial statement on Form 433A for people, and Form 433B for businesses to obtain uncollectible status. The financial statement reveals the IRS that all the cash you earn is needed to provide essential living expenses for your family.

Can a Tax Lawyer Reduce my Debt with the IRS?

Yes, a tax attorney can help you lower your debt together with the IRS because they specialize in the minutiae of the Internal Revenue Service tax code. They supply guidance on complex legal issues, particularly in the areas of estate preparation, trusts, tax disputes, and company tax law. Tax attorneys are strong negotiators who examine case facts in light of the law and concept arguments that best support a position that is desired. They can use the court system in ways that offer leverage in resolving your tax problems. Your tax relief attorney be present during your audit can communicate for your benefit with the Internal Revenue Service and help negotiate a resolution in New York, if needed.

Does IRS Forgive Tax Debt After 10 Years?

The statute of limitations for the Internal Revenue Service to collect taxes back is 10 years following the IRS has determined of a tax liability. Essentially, this means the IRS has a 10 year window to collect on a taxpayer's want and once that window shuts the IRS loses its legal claim towards the back taxes. This is hardly a get out of jail free card because the Internal Revenue Service will still probably take collection action in the kind of a tax lien and/or levy, although this process seems great for the devoted tax protester. A lien is a claim on the citizen's New York property used as security for the citizen's debt, while a levy is the authorized seizure of the citizen's property to satisfy the debt.