Tax relief – Perfect Tax Relief

Tax resolution services

admin — Tue, 21 Feb 2017 06:13:03 +0000

The tax code gets thicker every year. Tax regulations and deduction allowances change annually, as do many of the tax laws, so you want professionals with our excellent traffic record working to get you the maximum tax relief available by law.

One size doesn’t fit all. We understand that your tax issue is unique, so we will carefully get all the facts from both you and the I.R.S. transcripts to strategize the best solution for you. We will release tax levies, stop wage garnishments, legally abate your penalties, reduce your tax principal so you can enjoy a fresh new start.[/vc_column_text]

IRS wage garnishment

admin — Tue, 21 Feb 2017 06:13:00 +0000

Wage garnishment is the most common type of levy, and usually the biggest surprise when it happens. It’s the process of deducting money from your salary. I.R.S. wage garnishment is a powerful tool for collection, and you should know it can be stopped today.

The I.R.S. doesn’t need for a court order, so you may not see it coming. They can and will garnish up to 100% of income in some circumstances, however the federal garnishment limit on a weekly basis is the lower of (A) 25% of one’s disposable earnings (what’s left after mandatory tax deductions), or (B) the total amount by which one’s weekly wage exceeds 30 times the federal hourly minimum wage. Wage garnishments continue until the entire debt is paid or arrangements are made to pay off the debt with the I.R.S.

That’s where we come in. If this is happening, call us now at 1-888-222-8814.

When a garnishment is served on an employer, under law the business must act quickly. When processing payroll, sometimes there is not enough money in the employee’s net pay to satisfy all of the garnishment. Employers receive a notice telling them to withhold a certain amount of their employee’s wages for payment and they cannot refuse to garnish wages until and unless a release is obtained. Employers must correctly calculate the amount to withhold and make the deductions until the garnishment expires.

I.R.S. wage garnishment can negatively affect your credit and the ability to receive a loan or open a bank account, and they can continue until the entire debt is paid off. Perfect Tax Relief can help in removing your IRS Wage Garnishment, many times within 24 hours.

Unfiled Tax Returns

admin — Thu, 16 Feb 2017 10:25:36 +0000

Unfiled tax returns need to be completed before the I.R.S. will consider reducing your balance through the settlement process, so we will handle that for you. Even if you’ve lost your W2 forms from your past employers, we can obtain them through the I.R.S.

Not filing tax returns is actually viewed as a kind of criminal act with the I.R.S. and has a punishment of a year in jail and $10,000 for each year that is not filed. But, don’t panic! We will get you compliant and on the road to tax financial freedom.

State tax Relief

admin — Tue, 21 Feb 2017 06:12:57 +0000

The State can be even more aggressive than the I.R.S. and the first to garnish your paycheck. They are reliant on tax revenue now more than ever.

Once we get involved, you will no longer have to deal with them. We’ll get the missing tax returns filed and get them off your back quickly. Like the I.R.S., they can even use seizures to collect the debt.

Perfect Tax Relief can:

Prevent further garnishments and levies or seizures of property
File your delinquent returns and financial statements
Negotiate a reduction or elimination of penalties and interest where possible
Negotiate an affordable installment agreement
Negotiate an Offer in compromise, if that state allows for it

IRS Tax Relief

admin — Tue, 21 Feb 2017 06:12:55 +0000

Don’t face the IRS collection activities alone. Hire the professionals at Perfect Tax Relief to take on the load and fight for your rights and obtain the most IRS Tax Relief that you can qualify for. We will help by using any applicable tax relief regulation written into the tax code to alleviate your tax problems when dealing with the IRS or the state tax authorities. Lack of awareness of your rights under the tax code will lead you to overpaying in many cases.

The number of tax-payers who become delinquent on their taxes without knowing their rights is growing daily but fortunately IRS tax relief companies are here to help.

Professional consumer advocacy companies offering IRS tax debt relief services are experts in navigating their clients though the tax code and use every possible legal option to help them reduce their tax liability.

When discussing your situation with an IRS Tax Relief company you need to know the following:

Debt- You should know the amount the IRS claims that you owe and calculate how much you can pay. You may be able to negotiate a settlement or an affordable payment plan if you suffer a financial hardship.
IRS tax attorney- Present your entire financial picture to your IRS tax attorney so that your IRS Tax Attorney be able to use every tool in the tax code to your advantage.
IRS tax debt settlement- You may be able to pay a fraction of the tax owed if you qualify for an Offer in Compromise but you need to demonstrate hardship among other conditions.
Do not avoid the IRS as this will lead you to deeper trouble. You will need to confront these demands sooner or later. But dealing with them without delay will put you in a much better position to settle. IRS tax relief companies can take the burden of negotiating on your behalf and settle the matter so that you get a fresh start.

What can you expect IRS Tax Relief companies do for you:

Professionally negotiate on your behalf so that you reduce your anxiety
Help to stop further tax or bank levy on your property
File your delinquent returns and financial statements
Negotiate with the IRS an affordable payment plan
Negotiate a reduction or elimination of your penalties and interest when possible
Negotiate an Offer in compromise if you qualify

Once work is completed your financial picture will be clear and your payments are predictable with no worry of tax levies or garnishment from the IRS you will enjoy your financial freedom again.

Freedom of Information Requests

admin — Thu, 16 Feb 2017 10:28:02 +0000

The Freedom of Information Act (FOIA) provides public access to agency records unless these are protected from disclosure. This is what gives citizens the right to see what it in their I.R.S. files.

If you have not been receiving this information from the I.R.S. in the form of statements mailed to your home, this information could be helpful as it discloses the data that it is analyzed to set your taxes, penalties and/or interests. Freedom of Information documents can explain the reason, the way, the moment and the place where your I.R.S. problems have begun. Keep in mind these requests are received and processed within timeframes set by law.

Collection Appeals

admin — Thu, 16 Feb 2017 10:27:46 +0000

A Collection Appeal may be filed if there is disagreement with an I.R.S. decision, which can be done verbally or in writing.

This is usually used in cases where a levy has been filed or property has been seized and it’s in dispute. Collection appeals can also be done to lower an Installment Arrangement.

IRS Appeals

admin — Thu, 16 Feb 2017 10:27:28 +0000

An Appeal puts the Internal Revenue Service on notice that we do not agree with their decision and we are seeking an appeals conference or meeting to change it.

Audits Determinations can be appealed, as well as Offers in Compromise, Installment Payment Plans, penalties, interest, liens, and innocent spouse decisions. An Appeals request must be filed within a certain legal time frame, followed by the submission of records and documentation to support the claim.

Innocent Spouse

admin — Thu, 16 Feb 2017 10:27:15 +0000

When you file a joint tax return, either you or your spouse is responsible for the entire tax liability. You do not want to sign a joint tax return if you think there is something incorrect with it. If you file an incorrect joint return, you might end up paying more taxes in the future. One solution is to file separately.

However, if you find yourself in trouble with the IRS due to your spouse or ex-spouse’s actions, you may qualify as an Innocent Spouse and you may qualify for tax relief. There are three kinds of tax relief for married people who filed jointly: Innocent spouse relief, separation of liability and equitable relief.

Expiration of Statute of Limitations

admin — Thu, 16 Feb 2017 10:27:00 +0000

COLLECTION

The I.R.S. has a 10 year period starting from the date of assessment to collect taxes, penalties and interest. Thus, it is possible that you will not owe the I.R.S. after that 10 year period has expired. You should verify the assessment date, so you can compute when this period passed.

AUDIT

The I.R.S. has 3 years to Audit your tax return, from the date the return was filed. However, if the I.R.S. determines that you have a 25% understatement of income in a year, they can also audit the last 6 years.

Furthermore, if the I.R.S. claims fraud or other criminal activity, the statute will be open for an indefinite period and the I.R.S. can go back as far as they want.