Tuesday, September 18, 2012

What is a Notice of Levy of Wages?



Being slapped with a wage levy is a very serious situation. What does such an action mean to a delinquent taxpayer? It can mean a lot trouble and should be avoided, but if it is too late to avoid, then it needs to be dealt with quickly. The filing of a federal tax levy can mean the beginning of a long downhill journey.

For starters, an IRS wage levy  can make your day to day life very difficult. Once the levy is placed on your earnings, you'll find that you barely have enough left to pay for basic expenses. Ideally, you want to take care of your tax problem before things reach this stage. However you might not be able to for an assortment of reasons.
It is important to understand that the IRS realizes the difficult position they are placing the taxpayer in and does not do so lightly or maliciously. A wage levy is the IRS’s way of getting attention and forcing the taxpayer into action. However, once a levy is in place getting it removed can be a nightmare without professional help. An agency that has experience dealing with the IRS can cut through the bureaucracy, saving you time, money, and your reputation.

Not a solicitation for legal services

Labels:

Friday, September 14, 2012

Steps to Tax Debt Relief



Being in debt is an active growing pain that many are suffering from. Companies are out there that can help to relief this debt. There are multiple companies that give out false information and are scams, before heading out and giving out all your information make sure the company is legit. Simple measures can be taken to help rid you of tax debt.

Have an initial consultation with a tax debt relief company; doing so will help determine what measures you need to actually take.
Tax debt relief is a joint effort between the company helping you and yourself. The process is simple. All you have to do is schedule a meeting with us and we will walk you through the process in easy, understandable steps. At Wall and Associates, we know dealing with the IRS can be intimidating and confusing. That's why we take care of communications with them for you. Don't feel overwhelmed. We have the knowledge and experience to help.
Finding a solution to your tax debt is possible if you have the right person or products helping you. Things will get better in time, once you start looking for a solution.

Not a solicitation for legal services

Labels:

Professional IRS Tax Help to the Rescue



Many people are having financial trouble across the country. Sometimes that means putting food on the table or paying the IRS. It is almost always more important to keep the lights on and food in the house than it is to pay the IRS.

So if I cannot pay the IRS what do I do?

All is not lost if you have outstanding tax bills. IRS tax help is easier to get than one would imagine. The media tries to scare people with stories about people going to prison for not paying their taxes. Most individuals do not owe millions of dollars and try to pay the best they can.

The IRS will make numerous attempts to contact you before imposing a levy on you. Most people get scared though and do not react. Do NOT do that. Be sure to contact a tax professional if you ever get a letter from the IRS.

If your situation is more dire and your owe tens of thousands of dollars or more then there is hope for you too. If you have fallen on hard time and cannot pay then an "offer in compromise" (OIC) may be the best bet. Many times you can settle for a percentage of the total debt owed, which could be a substantial amount.

No matter what your situation it is best to contact a professional that has many years of experience providing IRS tax help.

Not a solicitation for legal services

Labels:

Professional IRS Tax Help to the Rescue



Many people are having financial trouble across the country. Sometimes that means putting food on the table or paying the IRS. It is almost always more important to keep the lights on and food in the house than it is to pay the IRS.

So if I cannot pay the IRS what do I do?

All is not lost if you have outstanding tax bills. IRS tax help is easier to get than one would imagine. The media tries to scare people with stories about people going to prison for not paying their taxes. Most individuals do not owe millions of dollars and try to pay the best they can.

The IRS will make numerous attempts to contact you before imposing a levy on you. Most people get scared though and do not react. Do NOT do that. Be sure to contact a tax professional if you ever get a letter from the IRS.

If your situation is more dire and your owe tens of thousands of dollars or more then there is hope for you too. If you have fallen on hard time and cannot pay then an "offer in compromise" (OIC) may be the best bet. Many times you can settle for a percentage of the total debt owed, which could be a substantial amount.

No matter what your situation it is best to contact a professional that has many years of experience providing IRS tax help.

Labels: