Are you experiencing problems with the IRS?
Problems with the IRS can cause you untold financial anguish, and getting out of them can be a harrowing experience. It is worse if you do not have a qualified and experienced tax professional with you.
At Tax Secrets, we have a great track record with helping people get out trouble with the Internal Revenue Service. We have over 20 years’ experience in handling complex tax matters for both businesses and individuals.
Failing to file your tax returns is an offense that is punishable by both civil penalties and federal prosecution. However, matter what you have heard, you have a right to file your original tax return. It does not matter how late you do it, it is your right that you do.
We will also nurse you back to tax health after helping with the IRS. This includes helping you with income taxes for you or your business.
What can we help with?
Most issues with the taxman can be traced to either failing to pay taxes or failure to file your returns. The latter is more likely. There is a common misconception that if you do not have the money to pay tax, then you do not have to file your returns. Fun Fact: The IRS penalizes both. We encourage that you file the returns anyway, to minimize your penalty for failure to pay.
In the event you are unable to file your returns on time, the IRS may file an SFR (Substitute for return) for you. These are filed with the best interests of the government in mind, and you may not get any of the deductions and exemptions you are entitled to, for instance for stock or real estate. We help you deal with late returns so they do not affect your financial health in the future.
Some of the other problems we can help you with include.
Liens
This is when the IRS lists how much you owe them as a matter of public record. This might seem immaterial, but what it does is drastically derail your credit report. It becomes difficult to get financing for a car, boat, or even home.
Federal tax liens also affect your property and curtail your right to transfer. This means that you cannot sell any of the property until you clear with the IRS. You are also unable to borrow against your property, which means you cannot acquire a loan against your house for instance. We help you work towards getting The Federal Tax liens lifted so that you have more financial wiggle room with regards to your property.
Audits
Audits are a big deal and can be done either through the mail, at the IRS offices, or in your place of business or residence. Audits through the mail are typically for small document errors that occurred during filing.
An audit at the IRS offices is done by a tax examiner and typically requires checking records from a particular time. Home or business audits, on the other hand, are more serious and involve a revenue agent. They are thorough and can take a long time.
We help you through audits by sitting being your preferred tax professional and guiding you through complex tax procedures.
