Tag: IRS tax attorney

How to Report Gambling Winnings & Losses to the IRS

How to Report Gambling Winnings & Losses to the IRS

After a big win on a lotto ticket or after a great night at the casino, the last thing you’re probably thinking about are those pesky tax obligations that come along with it. While that brand new sports car or fancy yacht may look enticing, it’s important to remember that the IRS wants their fair… Read more »

How a Tax Attorney Can Help You Get Out from Under Your Tax Debt

tax attorney

If you owe the IRS money in back taxes, you must resolve the debt to avoid having the federal agency take action against you.  Some assessments they can enforce include placing a lien on your home or garnishing your wages. If you can’t afford to pay off your entire tax debt at once, a tax… Read more »

What to do if you are Accused of Tax Evasion

tax evasion

Tax evasion is a criminal offense that can result in severe penalties – even jail time.  If you are accused of committing tax evasion you should not take the charges lightly.  It is essential to take the right actions immediately to put together the best defense as possible.  Take a look at these steps you… Read more »

Have Unfiled Tax Returns? Here are A Few Ways a Tax Attorney Can Help

Failure to file

Do you have previous tax returns that you have not filed?  Perhaps this was due to procrastination or in a misguided attempt to avoid paying taxes?  To limit the penalties the IRS can assess, including criminal charges, it is of the upmost importance that you act quickly to remedy this situation. The very first step… Read more »

5 IRS Issues a Tax Attorney Can Help You Resolve

IRS tax lawyer

While you can work with a tax preparer to file your annual taxes, there are situations where you should seek representation from a tax attorney.  Some instances where it can benefit you to hire an attorney include: if you’re facing a tax audit; if you’re being charged with tax fraud; if you have a large… Read more »

How to Stop Wage Garnishments

wage garnishment removal

If you owe money in back taxes, the IRS can legally take any income you make to pay off your federal tax debt.  This can cause both financial hardship and embarrassment, as the IRS will contact your employer and require them to send a portion of your income directly to the federal agency. To avoid… Read more »

How a Tax Attorney Can Help Get a Bank Levy Released

Tax Attorney

When you owe the IRS money in back taxes, the federal agency can use a variety of ways to obtain the debt, including assessing a bank levy.  This means the IRS can place a freeze on your accounts and seize the money until your tax debt us satisfied. To try to have the bank levy… Read more »

IRS Notices for Unfiled Tax Returns

IRS notices

You might be unaware that you have unfiled tax returns until you get a notification from the IRS.  These notifications can take on many forms, so it’s important to hire a tax attorney to help guide you through the paperwork and the next steps to navigate the exemptions, credits, and deductions you are entitled to.