Serving All of: Alcolu, Aynor, Bennettsville, Bethune, Bishopville, Blenheim, Cades, Camden, Cassatt, Centenary, Cheraw, Chesterfield, Clio, Conway, Coward, Dalzell, Darlington, Davis Station, Dillon, Effingham, Elliott, Florence, Floyd Dale, Fork, Gable, Galivants Ferry, Greeleyville, Green Sea, Gresham, Hamer, Hartsville, Hemingway, Horatio, Jefferson, Johnsonville, Kingstree, Lake City, Lake View, Lamar, Lane, Latta, Little Rock, Lydia, Lynchburg, Manning, Marion, Mayesville, Mc Bee, Mc Coll, Minturn, Mount Croghan, Mullins, Nesmith, New Zion, Nichols, Olanta, Pamplico, Patrick, Pinewood, Rains, Rembert, Ruby, Salters, Sardinia, Scranton, Sellers, Shaw A F B, Society Hill, Sumter, Tatum, Timmonsville, Turbeville, Wallace, Wedgefield
Among the worst things you can do with IRS back tax debt is continue to neglect it for many years at a time. The Internal Revenue Service likes to add on additional penalties and interest costs to the amount you owe, and certainly will stop at nothing to collect that money.
They’re the biggest collection agency on earth, and we steadfastly believe that no one should have to face them by themselves.
For many people, having a gigantic government agency constantly harassing them with revenue officers and letters, notices is a dreadful idea.
That’s why our Florence team is here to help you. You no longer have to handle the Internal Revenue Service on your own, and will have someone in your corner.
With only 15 minutes on the phone with our pros, you’ll know precisely what you will qualify for, and what to do next.
Give our South Carolina team a call now!
Imagine no more notices and letters being sent to your Florence house or business. Our team can help.
IRS Letters and Notices are sent to individuals in Florence who haven’t filed their tax returns or haven’t paid all of their tax obligation. The IRS is to blame for collecting taxes due from citizens to ensure the Federal Government has the money to run its business. The IRS assumes that taxpayers who neglect to pay their taxes and who are delinquent in filing their tax returns are ignoring the reason taxes are significant. The Internal Revenue Service also supposes that citizens do not have a great rationale for not fulfilling their tax obligations. Competitive pursuit of these citizens is the reason why IRS letters and notices are sent. Delinquent citizens are on the IRS radar for performing speedy collection activity. Citizens have to remember that the IRS does not have to begin any court actions to impose wages, bank accounts and property. Even pension income could be attached.
Fees are prolific now. In 1988, there were just 17 penalties the IRS could levy, but the different of fees is 10 times that amount. The Internal Revenue Service also has over 75 distinct letters and notices it can send to individual citizens. Some of these can definitely become serious issues for the taxpayer.
Some Examples of Letters
Low-Reported Tax Debts
A notice that asserts a taxpayer has under reported their income is a serious matter. Often, this could be reconciled readily, in the event the IRS claim is valid, but the citizen will be assessed a penalty plus interest. Whether this notice spans more than one year of tax filings, then the citizen might be accused of filing a fraudulent return. The penalties and also the interest will amount to an impossible amount of money regardless of the perceived intent.
A notice that threatens to attach a taxpayer’s wages, bank account or property is also serious. The IRS will send a letter warning of the forthcoming actions, and this letter will stipulate an amount of time that the citizen has to resolve the delinquency. This notice follows letters that have been sent to the taxpayer in an attempt to solve the delinquency before it attains the collection actions.
A notice stating the IRS has filed a lien on the taxpayer’s property also follows this actions to be taken by letters of intent. The notice will contain the total amount of the governmental agency and the lien where it was recorded. This lien will prevent the citizen from selling the property until the lien is filled, or the lien amount will be deducted from the proceeds of a deal. The Internal Revenue Service may also force the selling of the property to obtain satisfaction of the lien. If a sale is planned, a notice will be issued.
What you should do with a IRS notice
The taxpayer should never discount IRS letters and notices. Instead, they need to promptly seek help with these possible threats to their financial protection. In fact, if a citizen who considers they may receive notices and letters from the IRS can contact us so we can stop these from being sent. Contacting our BBB A+ Florence law firm is even more significant if a letter or notice was received. We have many years of successful experience in working with the IRS and state of South Carolina to resolve taxpayer problems.
Let our lawyers deal with the IRS and state of South Carolina, so you could concentrate on running your company.
The Internal Revenue Service is a formidable collection machine for the Federal Government, and they are going to accumulate when your business has fallen into IRS business tax debt. Thus, if your company has delinquent taxes including payroll tax debts there is no need to scurry for cover (and remember – never hide) even in the event that you know little or nothing about dealing with IRS company tax debts. There are experienced professionals prepared to assist.
Un-Filed Payroll Taxes
The Internal Revenue Service looks at payroll tax – taxes imposed on employers and workers – from two standpoints:
- (a) Taxes a company pays the IRS predicated 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 employer deducts from an employee’s wages and pays it to the IRS.
The employer ends up footing the bill for both the forms of taxes as the withholding tax results in lower wages.
This payment schedule may be monthly or semi weekly.
In the event you are a new company and didn’t have some employees during your look back span’ or if your entire tax liability is up to USD 50,000 for your look back period’, you must follow a monthly schedule.
In case your payroll tax liability is less than USD 50,000 you will have to follow a semiweekly deposit schedule. These taxes should be deposited by Sunday, Monday, Tuesday or Wednesday following the Friday payday. You may fall into a payroll tax debt, should you fail to pay your taxes on these days. You must seek the professional services of tax professionals to direct you through this maze of procedures and keep from falling into payroll tax debt and steer clear of significant fees.
How To Deal With Back Tax Debts
Revenue collected through taxes for example payroll tax are spent on capital plans for example; healthcare, social security, unemployment compensation, worker’s compensation and at times to improve local transport that takes many workers to and from work.
When you need to take care of IRS tax debts, it is extreme important to stay in contact by means of your IRS officials – never avoid or conceal from them. Most IRS penalties comprise a compounded rate of interest of 14% this can turn a business turtle in an extremely brief time dealing with IRS business tax debt it predominant.
How a Professional Florence Tax Pro Can Help
Being in an IRS business debt situation is serious. You may have time on your own side when they gain momentum things get worse for you, although as the IRS is slow to begin processing your account. Yet, you are not helpless. There are processes you might be eligible for that a South Carolina professional can use his good offices with the IRS to assist you over come your business debts.
If you never have heard of an Offer in Compromise, Tax Lien Span, Uncollectible Status and Insolvency, among others, you need a Florence professional’s help. Waste no more time, touch base with us now to get out of business tax debt and save your company from closure.
Unfortunately the South Carolina tax aid industry is full of tricks and scams, and therefore you should learn the way to prevent them.
A lot of people are law-abiding Florence citizens and they fear the dangers of IRS actions. These companies commit consumer fraud and even larceny and lure innocent individuals into their scams! There are various ways in which they trick people of their hard earned cash: by charging upfront non refundable payments without providing any guarantees, by misrepresenting future results, by posing as a service provider and selling the sensitive information of the clients to other service providers, by outright larceny from customers and so on. Thus, caution should be exercised by you when you are trying to locate a tax resolution business for yourself.
What Scammy Companies will do
Not all South Carolina tax relief companies who promise to negotiate together with the IRS for you are trustworthy. Since there are so many deceitful companies out there, consequently, averting IRS tax help scams is vitally significant. It is not impossible to avoid being taken advantage of, all you have to do to follow a couple of suggestions that are useful and would be to educate yourself in this regard! First things first, never pay in total upfront, irrespective of whether the tax resolution company asks for it in an obscure manner at some point of time or in the beginning. A genuine tax resolution firm will constantly folow a mutually satisfactory financial arrangement wherein the payments can be made on a weekly, bi-weekly or monthly basis.
Secondly, it is advisable to be quite careful when you’re choosing a particular tax resolution company to work with. Chances are the company is deceptive if they guarantee you the desired outcomes or state that you just qualify for any IRS program without even going through a complete fiscal analysis of your present scenario then. After all, without going through your comprehensive fiscal evaluation first, it is not possible for companies to pass such judgment. Consequently, don’t fall for their sugar coated promises and hunt for other genuine firms instead.
How to find out about a company
The internet is a storehouse of information, but you must be cautious about using such advice. Don’t just hire any random firm with good ads or promotional efforts for handling your tax related issues. To be able to select the right company, it is wise to research about the same in the Better Business Bureau site and see their ratings or reviews. Hence, doing your homework and investing time in research is certainly a shrewd move here.
A website that has a good evaluation on BBB is unquestionably one that you could place your trust in. We are a BBB A+ rated Florence company, we help individuals by relieving their IRS back tax debts. Our tax options are sensible, in order to ensure that all your tax debts are eliminated, we don’t merely negotiate on your own behalf together with the IRS, but instead create a practical strategy first. We do all the hard work for you while you concentrate on other significant aspects of your own life. Thanks to our vast experience and expertise in the area, you may rest assured your tax problems would be solved promptly and effectively when you turn to us for help.
Tax liens can become very challenging in case you are buying or selling your house or property. Let our Florence team help you today
What is a tax lien?
The lien cushions the claim of the authority to all your existing property, inclusive of personal financial and real estate assets. Normally, a federal tax lien is imposed the IRS analyses your culpability, when they deliver to you a bill that lays out into detail how much you’re owed and also when you decline to pay your debts on program. It transforms it into a public record matter, when a lien is filed. Liens normally record the exact figure owed to IRS at the precise time that it’s levied in a public document known as the Notice of Federal Tax Lien. The file notifies lenders the government has a right to confiscate your property at any given time. This specific information is conventionally acquired by credit reporting agencies that are different therefore tax liens ultimately reflect in your credit reports.
Federal tax liens can readily be prevented from being lodged by paying up all your tax dues before the IRS choose to impose a lien on your own assets, and also. They may also be evaded through establishing installment agreements which sufficiently match the demands of the IRS so as not to file a lien. A federal tax lien is unable to be filed if a taxpayer decided to prepare a streamlined or guaranteed installment accord. Such arrangements require the taxpayer maintain a balance of less than or an amount $10,000 that for the bonded installment accord and for the streamlined arrangement , it should be $25,000 or less. In a predicament where the citizen owes more than $25, 000, a tax lien can be prevented if he or she a streamlined treaty. lays out tries their best to reduce that specific outstanding balance to just $25,000 or less and alternatively There are just two methods of removing tax liens: withdrawal and release.
What do I have to do to get my lien wiped away?
Taking federal tax liens is like it never existed when the IRS resort to revoking the lien. Lien withdrawals normally take place whenever the lien is filled erroneously. In a case where the tax lien is incorrectly filed, contact the IRS as soon as possible. The IRS representatives will assess your account to be able to substantiate you have no tax arrears then take the measures that are crucial in withdrawing the lien.
Releasing a federal or South Carolina state tax lien normally means that the imposed lien constrains your assets. Promptly after lien releasing, the county records will immediately be brought up to date to demonstrate that is has been released. However,the existence of a federal tax lien will be exhibited in your credit reports for ten years. Liens are often released within a month of clearing the outstanding tax arrears or upon establishing the agreements that were bonded and streamlined.
What to Do Next
To sort complicated lien issues encountered, for instance discharge,withdrawal,subrogation and subordination (Set advisory group), Concluding basic lien problems, requesting or verifying a lien, releasing a lien (Central Lien operation), Guidance from organizations within IRS (Taxpayer Advocate service), Inquiring whether bankruptcy influenced your tax arrears (Central insolvency operation),don’t be unwilling to go to our offices to help you in effectively removing your tax liens by settling your debts on program to avert the authorities from seizing your property or alternatively you can give us a call and our Florence representatives shall have the capacity to assist you to browse through any impending federal tax liens.
Say goodbye for good to your IRS back tax returns by using a capable Florence law firm
Have you been struggling with your back tax debts for several years, and are eventually fed up with dealing with the Internal Revenue Service on your own?
Have they began sending letters and notices to your house or company, demanding you pay interest charges and additional fees for the amount you owe?
If so, the best thing yo ulna do is hire a tax law firm that is experienced and reputable to be by your side each step of the way. The great news is, our Florence company is an ideal candidate for the job, with an A+ company standing with the BBB, thousands of happy clients around the nation (notably in beautiful South Carolina), and our own team of tax attorneys, CPAs and federally enrolled representatives, all ready to work on your own case today.
The Internal Revenue Service is the largest collection agency in the world, with a large number of billions and revenue officers of dollars set aside to chase good, hard working individuals like you for the money you owe. You shouldn’t have to face them by yourself. We do not get intimidated about like ordinary citizens can use our private contacts to negotiate the resolution that you need, and do.
Using experienced Florence legal counsel on your own tax dilemmas is like having a specialist plumber come and repair your massively leaking water main.
So do your future, your family and yourself a and let our Florence law firm help you with your back tax problems right away. Our team of specialists is standing by, prepared to help you today!
Live in Florence? You Could Qualify for an Offer in Compromise Agreement and Save Up to 95%
Have a Tax Lien or Bank Levy in Florence? We Can Remove it Fast
Stopping the Wage Garnishments in Florence so You Can Live in Peace
By Filling Back Returns, Florence Residents Can Be Compliant with the IRS and State of South Carolina
Slashing your IRS penalty charges in half - our Florence firm can help you
Other Nearby Cities
Alcolu, Aynor, Bennettsville, Bethune, Bishopville, Blenheim, Cades, Camden, Cassatt, Centenary, Cheraw, Chesterfield, Clio, Conway, Coward, Dalzell, Darlington, Davis Station, Dillon, Effingham, Elliott, Florence, Floyd Dale, Fork, Gable, Galivants Ferry, Greeleyville, Green Sea, Gresham, Hamer, Hartsville, Hemingway, Horatio, Jefferson, Johnsonville, Kingstree, Lake City, Lake View, Lamar, Lane, Latta, Little Rock, Lydia, Lynchburg, Manning, Marion, Mayesville, Mc Bee, Mc Coll, Minturn, Mount Croghan, Mullins, Nesmith, New Zion, Nichols, Olanta, Pamplico, Patrick, Pinewood, Rains, Rembert, Ruby, Salters, Sardinia, Scranton, Sellers, Shaw A F B, Society Hill, Sumter, Tatum, Timmonsville, Turbeville, Wallace, Wedgefield
|Services / Problems|
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
|City Website:||Check Out the Florence Website|
|Wikipedia Link:||Florence on Wikipedia|