Expert legal counsel can make the difference between only paying a portion of your tax debt, or paying the entire amount at once

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

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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!

Give our top rated law firm in Kenosha a call today

Highly Experienced Kenosha Tax Lawyer

Give our Kenosha Office a Call Today

One of the worst things you can do with IRS back tax debt is continue to fail it for years at a time. The IRS loves to add on interest charges and additional penalties to the amount you owe, and certainly will stop at nothing to collect that money.

They are the biggest collection agency on the planet, and we firmly believe that no one should have to face them by themselves again.

For many people, having them always harassing with letters, notices and revenue officers is a dreadful idea.

That is why our Kenosha team is here to help you. You certainly will have someone in your corner to help negotiate for you, and no longer have to manage the IRS by yourself.

So if you owe the federal government, or the state of Wisconsin, our dedicated law firm is here to make your life simpler.

With only 15 minutes on the telephone with our pros, you will learn exactly what you’ll qualify for, and what to do.

Give our office a call today!

Instead of having to pay tax debt at once to all of you, let our Kenosha team negotiate a payment plan for you

The IRS Installment Agreement is a means for citizens in Kenosha when they can’t pay it in full with their tax return to pay their tax debt. This agreement allows for monthly payments to be made. As long as the taxpayer pays their tax debt in full under this Arrangement, they are able to reduce or get rid of the payment of interest and penalties and prevent the payment of the fee that is connected with creating the Arrangement. Establishing an IRS Installment Agreement requires that all required tax returns have been filed before applying for the Deal. The citizen cannot have any unreported income. Individual taxpayers who owe $50,000 or less in combined individual income tax including penalties and receive can interest 72 months to pay the amount of tax owed . If more than $50,00 in tax debts are owed, then the taxpayer may apply for a longer period to pay the debt.

Good Things about an Installment Payment Plan

The agreement will lead to a few significant gains for the taxpayer. While an arrangement is in effect, enforced set activity will not be taken. There is going to be more fiscal independence when the citizen can count on paying a set payment each month rather than needing to agonize about getting lump sum amounts on the tax debt. The taxpayer will eliminate interest and ongoing IRS penalties. The Internal Revenue Service will help in the event the taxpayer defaults on a payment providing the IRS is notified instantly, the taxpayer keep the agreement in force.

Obligations of the Installment Plan

Some duties have the Installment Agreement. When due, the minimum monthly payment should be made. The income of the incomes of combined taxpayers or an individual citizen should be disclosed when applying for an Installment Agreement. In some instances, a financial statement should be provided. All future returns should be submitted when due and all of the taxes owed with these returns should be paid when due. This method of making monthly payments enable the taxpayer to request that the lien notice be removed. If the taxpayer defaults on the Installment Agreement, but, the lien could be reinstated.

The taxpayer and the IRS can negotiate an Installment Agreement. Nonetheless, particular advice must be provided and any information might 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 Agreement

There are some precautions that must be considered, while citizens can apply for an IRS Installment Agreement. Though the IRS tries to make applying for an Installment Agreement a relatively simple process, there are some position which can make this a challenging job. It’s important to get it right the first time that the application is made, since many issues can be eliminated by an Installment Agreement with the Internal Revenue Service.

We are the BBB A+ rated law firm serving all of Kenosha and Wisconsin, that could provide you with skilled assistance. Our many years of experience working with the Internal Revenue Service on behalf of Kenosha citizens who have problems paying their tax debt qualifies us to ensure acceptance of your application for an Installment Agreement.

If you have neglected to pay your taxes for several years, our Kenosha team is able to help you get back on track.

Have you ever forgotten to file your back tax returns for several years? We can assist.

The W-2S and 1099 forms for each tax year are needed when filing your back tax returns, you receive. In the event you are eligible to deductions and credits; you will need to assemble any other supporting document which will prove your eligibility to the claim.

For those who have some missing tax document particularly within the last ten years, then you need to request a copy from IRS simply by filing form 4506-T. Form 4506-T is the tax return transcript. You need to make use of the form to request for 1099S, W-2S which should provide support for your tax write-offs. IRS will give you a transcript including the info you need to file your tax returns.

Additionally, you should file your tax returns that are back on the original forms for that tax year. Start by searching for them in the IRS site. After you have collected all the pertinent files, double check to ensure that you are using the instructions linked to the exact same tax year returns are filling for. Tax laws are always changing and using the improper directions may need you to begin the filing procedure once again. Finally, you should submit all the forms to the Internal Revenue Service through the address given.

What to Do With Un-Filed Returns

If you have any additional income tax for the previous years, you should contain as much payment as you can. This fashion in which you will reduce interest costs accumulation. Unlike the tax penalties which halt to accumulate once they are at the maximum, the monthly interests continue to pile up until the tax has been paid by you. After the IRS has received your tax returns, they will send you a notice of the precise amount you must pay as a fee and rate of interest.

You may have to work with the IRS in case you are not able to pay your tax returns in full. Nevertheless, you should note the past due debts and back taxes, can reduce your federal tax refund. Treasury offset application may use any outstanding federal or state debt to settle.

You should be aware of that the Department of Treasury’s of the Fiscal Service, the Bureau of the Fiscal service or only BFS – runs the offset plan from the treasury. It may use your total tax refund or component to pay some debts which include unemployment compensation debts, student loans that are delinquent, and parent support. If you have filed tax returns jointly with your spouse you might have the right to the entire counter or part.

The law prohibits IRS from using levies/liens in collecting individual duty payments that are common. But should you owe any common duty payment, IRS can cancel the obligation against tax refund due to you personally.

What You Should Do If You Have Neglected to File

You can consult with our BBB A+ rated Kenosha tax law company for help when you haven’t filed your back tax returns for many years.|} Our crew of specialists in Wisconsin is always ready to help you solve your problems and in addition they’re always ready to answer your questions.

If your Kenosha company has run into tax or payroll issues with the authorities, we can assist.

The Internal Revenue Service is a formidable collection machine for the government, and if your Kenosha company has fallen into IRS or Wisconsin business tax debt, they will accumulate. Thus, if your business has delinquent taxes for example payroll tax debts there isn’t any need to scurry for cover (and remember – never hide) even in the event that you know little or nothing about coping with IRS business tax debts. There are experienced professionals prepared to assist.

Un-Filed Payroll Tax Debts

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

  • (a) Taxes an employer 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 percentage 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 Timeline

This payment program may be monthly or semiweekly.

In case you are a company that is new and didn’t have some workers during your look back interval’ or if your total tax liability is up to USD 50,000 for your look back interval’, you must follow a monthly program. Your payroll taxes should be deposited by the 15th of the month following the last payday.

In case your payroll tax liability is less than USD 50,000 you’ll have to follow a semiweekly deposit program. If you don’t pay your taxes on these days you may fall into a payroll tax debt. You must seek the services of tax professionals to guide you through this maze of procedures and keep from falling into payroll tax debt and avoid hefty fees.

Dealing With Unfiled Tax Debts

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

When you have to take care of IRS tax debts, it is utmost important to keep in touch by means of your IRS officials – never prevent or hide from them. Most IRS penalties comprise a compounded rate of interest of 14% this can turn a company turtle in an exceedingly brief time, so dealing with IRS business tax debt it predominant.

How a Professional Kenosha Tax Pro Can Help You

Being in an IRS company debt situation is serious. You may have time on your side when they gain impetus things get worse for you, although because the IRS is slow to start processing your account. Nonetheless, you are not helpless. There are processes you might be qualified for that a Wisconsin professional can use his good offices with the IRS to help you over come your business debts.

Among others, you need a professional’s help, if you haven’t heard of an Offer in Compromise, Tax Lien Span, Uncollectible Status and Bankruptcy. Waste no more time, get in touch with us now to get out of business tax debt and save your business from close.

Sadly the Wisconsin tax relief business is filled with tricks and scams, and therefore you have to learn the way to prevent them.

Most people are law abiding Kenosha citizens and they dread the threats of IRS action. Seeing this as a good opportunity, plenty of tax resolution companies out there set out like vultures circling on these diminished victims. These companies entice innocent people into their scams and commit consumer fraud and even larceny! There are various ways in which they trick people of their hard earned cash: by charging upfront non refundable payments without supplying any guarantees, by misrepresenting prospective results, by posing as a service provider and selling the sensitive information of the consumers to other service providers, by outright larceny from customers and so on. Therefore, you should exercise care when you are trying to locate a tax resolution firm for yourself.

What Tax Relief Scams will do

Not all Wisconsin tax relief businesses who guarantee to negotiate together with the IRS for you’re trustworthy. Thus, avoiding IRS tax help scams is very important since there are all those deceptive businesses out there. It is not impossible to avoid being taken advantage of, all you need to do would be to educate yourself in this regard and to follow several suggestions that are useful! A tax resolution firm that is authentic will always folow a mutually acceptable financial arrangement wherein the payments can be made on a weekly, bi weekly or monthly basis.

Secondly, it is best to be somewhat careful when you are picking a specific tax resolution company to work with. Chances are the business is deceitful if they guarantee you the desired outcomes or state that you qualify for any IRS plan without going through a complete fiscal analysis of your current situation then. So, do not fall for their sugar-coated promises and hunt for other firms that are genuine instead.

How to find out about the tax relief company

The web is a storehouse of information, but you must be cautious about using such advice. Don’t just hire any random business with good ads or promotional efforts for handling your tax associated difficulties. Hence, doing your homework and investing time in research is certainly a sensible move here.

A site that has a great evaluation on BBB is definitely one which you can put your trust in. We are a BBB A+ rated Kenosha business, we help individuals by relieving their IRS back tax debts. Our tax alternatives are reasonable, we do not only negotiate with the IRS on your behalf, but instead produce a practical strategy in order to make sure that your tax debts are removed. Thanks to our vast experience and expertise in the area, you can rest assured your tax problems would be resolved quickly and efficiently when you turn to us for help.

A 15 minute consultation with our Kenosha team can help potentially save you tons of dollars

What is an Offer in Compromise Agreement

Basically, it describes the form of deal between the person facing the tax issue (tax payer) and also the IRS Company which helps the tax payer in this case to settle his or her debt. The Internal Revenue Service helps the customer faced with serious tax issues instead or by paying bailing them out up to less compared to the sum owed. Yet, not all citizens that are distressed qualify for IRS Offer in Compromise Agreement. This really is completely after evaluation of the client was carried out, because qualification is based on several factors. The IRS Offer in Compromise Arrangement plays an instrumental role in aiding taxpayers with distressed fiscal challenges solve their tax problems. What this means is that the IRS functions as the intermediary which helps their tax debt is paid by the citizen in the most convenient and adaptable fashion.

How Hard is it to Qualify for an Offer in Compromise agreement?

Filling the applications does not guarantee the Kenosha citizen a direct qualification. The Internal Revenue Service begins the total appraisal and evaluation process that will render you incapable of paying your taxes. The applications should be filled with extreme precision saying certainly reasons for your inability to pay tax. These applications are then supported with other related documents which will be utilized by the Internal Revenue Service to find out the eligibility of the citizen for an Offer in Compromise Agreement. Nonetheless, there are some of the few qualifications procedure that has to be fulfilled totally be the citizen. All these are the three basic tenets of qualification that each taxpayer seeking help from IRS must meet to be able to be considered.

What to do Next

Thus if you are just one of those taxpayers in need of guidance and care when it comes to IRS our BBB A+ rated tax law firm helping Wisconsin is there for you to help negotiate an IRS Offer in Compromise agreement. This is an incredible law firm that can function as a yard stick for individuals who demand help that is suitable in negotiating for an IRS offer in compromise deal. Do not hesitate to contact them because they have a good safety standing and a strong portfolio. They have a team of dynamic and qualified professionals who are always on hand to assist you. Try them now and expertise help like never before. It is simply the finest when it comes to dialogue of an IRS offer in compromise arrangement.

Other Cities Around Kenosha We Serve

Address

Kenosha Instant Tax Attorney

1108 56th St, Kenosha, WI 53140
Phone

(414) 312-5535

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
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Does a Tax Attorney Need a CPA?

Tax attorneys specialize in the minutiae of the Internal Revenue Service tax code. They supply guidance on complicated legal problems, especially in the areas of trusts, estate planning, tax disputes, and company tax law. Attorneys are powerful negotiators who concept arguments that best support a position that is desired and analyze case facts in light of the law. The court system can be used by them in ways that provide leverage in resolving tax cases in Wisconsin. Thus, they may need a CPA planning ahead for future tax years and when maximizing deductions.

How Much could an Offer in Compromise Save Me?

Since it allows you to settle your tax debt for under the total amount you owe an offer in compromise can save you plenty of cash. If you can't pay your tax liability that is total, it might be a legitimate choice, or a financial hardship is created by doing so. The IRS consider your unique set of facts and circumstances. That is capability to pay, income, expenses for living in Kenosha and asset equity. They normally approve an offer in compromise when the amount offered signifies the most they can expect to accumulate within a fair period of time.

Can I reduce my Tax Debt on My Own?

While you are able to try and solve you tax issues in your own right from your house in Kenosha, it's advisable to leave it up to a tax professional. If you were having a leak in your pipes in the centre of the night, and also your cellar was flooded, the easiest way to solve the matter quick is to call a specialist. The exact same thing applies to tax issues. Save money yourself the time and hassle of trying to figure it out yourself, and simply leave it up to our Wisconsin tax pros.

How Does the IRS Offer in Compromise Work?

The IRS Offer in Compromise works in this style that it enables you to settle your tax debt for under the entire amount you owe. If you can not pay your tax liability that is full it might be a valid option, or doing so creates a financial hardship. The IRS consider your unique set of facts and conditions: Skill to pay; Income; Expenses; and Asset equity. The Internal Revenue Service generally approve an offer in compromise when the sum offered represents the most they are able to expect to collect within a reasonable period of time in Wisconsin.

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

If you can't pay the taxes you owe, the IRS has payment options available. Which alternative might work for you normally depends on how much you owe and your present financial situation. Each alternative has different prerequisites and some have fees. People facing financial issues may find that there is a tax impact to occasions like Kenosha job loss, debt forgiveness or soliciting on a retirement fund. Most of all, if you think you could have trouble paying your tax bill, contact the IRS immediately.

How Much Can My Tax Debt Be Reduced?

Depending on your own individual situation, you can expect to lower your tax debt by anywhere from 25% to 90% and beyond. When you have faced considerable financial hardship like job loss, medical emergency, or something else, in Kenosha, you may qualify for some programs which might drastically lower your debt. But if you do not, merely by removing the IRS fees and interest fees, you can readily get 25% to 40% off of the sum you owe.

How Much Do Tax Attorneys Charge?

Usually, their clients will charge on an hourly basis for all services rendered. This can generally be an hourly fee of between $200 and $400. Generally, a tax lawyer will require that a prepayment, which is referred to as a retainer is made by their customer. This retainer is a prepayment based on the number of hours that your tax lawyer believes they will be working on your own behalf. This hourly fee will be deducted from the retainer as the work nears completion. In case the money is used up before the job is completed, the tax lawyer in Kenosha will typically charge you for an added payment.

Can My Tax Debt be Forgiven?

Yes, your Tax Debt can be forgiven, but the tax impact of cancellation or debt forgiveness will depend on your own individual facts and conditions. Normally, in the event you borrow money from a Wisconsin commercial lender and the lender later cancels or forgives the debt, you might need to contain the cancelled amount in income for tax purposes. The lender is normally required to report the amount of the canceled debt to you and the IRS on a Form 1099-C, Cancellation of Debt. There are several exceptions to the taxability of cancelled debt, such as bankruptcy or insolvency.

How to Reduce Tax Debt to the IRS?

There are many approaches to reduce one's IRS tax debt. First, using the help of a CPA or a tax lawyer in Kenosha to assist in analyzing the taxpayer's situation and coming up with the most effective game plan to decrease the individual's Internal Revenue Service (IRS) tax debt is an excellent starting point. These tax professionals can give sound guidance on how best to reduce your tax debt and they are equipped with the knowledge on how to handle the Internal Revenue Service. If a taxpayer really has serious back tax debts, then the figures can be dealt with by a tax professional and produce the most effective remedy to get rid of the tax debt in Wisconsin.

What Does a Tax Attorney Do For Me?

Since they specialize in the minutiae of the IRS tax code, a Tax lawyer can assist you to solve your tax issues with the IRS. They offer advice on complicated legal issues, particularly in the areas of trusts, estate preparation, tax disputes, and business tax law. Lawyers are strong negotiators who assess case facts in light of the law and construct arguments that best support a position that is desirable. They may use the court system in ways that offer leverage in resolving tax cases. Some tax attorneys help prepare your tax returns for a premium; nevertheless, tax attorneys are not accountants and are scarcely involved in filing taxes with the Internal Revenue Service or state of Wisconsin.