24 Mar
Posted by Mike Habib, EA as Bank Levy, IRS Tax Help, Tax Controversy, Tax Help, Tax Relief, Wage Garnishment, Wage Levy
IRS wage garnishment levy and IRS bank levy tax relief
Collecting tax revenue in the face of recession has been – and will continue to be – a challenge for the IRS. There is an increase in the number of taxpayers unable to pay their back taxes due to loss of main income and other such [...]
TIGTA audits effectiveness of the Federal Payment Levy Program [Audit Report No. 2009-40-031]:
Mike Habib, EA Tax Relief & Tax Problem Resolution
An IRS program to collect delinquent taxes through the use of levies needs some changes in order to reduce taxpayer burden, the Treasury Inspector General for Tax Administration (TIGTA) said in [...]
05 Jan
Posted by Mike Habib, EA as Back Taxes, Bank Levy, IRS Audit Reconsideration, IRS Problem, IRS Tax Penalties, Offer In Compromise, Offer In Compromise - OIC, Past Due Tax Returns, Payroll Tax Audit, Payroll Tax Problems, Penalty Abatement, Sales Tax Problem, State Tax Audit, Tax Controversy, Tax Help, Tax Relief, Unfiled Tax Returns, Wage Garnishment, Wage Levy
No More Tax Problems in 2009
Mike Habib, EA
Here is a New Year resolution you can’t afford to ignore… No more tax problems!! Yes, you can get rid of your tax problems in 2009.
You can solve your tax problems and get tax relief through our tax resolution services. You can finally get a [...]
03 Sep
Posted by Mike Habib, EA as Back Taxes, Bank Levy, IRS Audits, IRS Problem, IRS Tax Penalties, IRS audit advice, IRS audit guide, Offer In Compromise, Offer In Compromise - OIC, Past Due Tax Returns, Payroll Tax Problems, Penalty Abatement, Tax Controversy, Tax Help, Tax Relief, Unfiled Tax Returns, Wage Garnishment, Wage Levy
Do you have back tax returns that are Unfiled? Are you missing the records and forms necessary to file your tax returns?
The IRS will not allow you to file an offer in compromise or get an installment agreement if you are not current on filing your back tax returns.
If you have a refund coming to you and you file more than 3 years past the due date, the IRS will keep the refund.
02 May
Posted by Mike Habib, EA as Bank Levy, IRS Problem, Tax Controversy, Wage Garnishment, Wage Levy
TIGTA report “Trends in Compliance Year Activities Through Fiscal Year 2007″ [Audit Report No. 2008-30-095]:
Fiscal year 2007 marked another period of improvement in IRS’s compliance activities, continuing an eight-year period of upward trends in such endeavors, the Treasury Inspector General for Tax Administration (TIGTA) said in a new audit.
Many enforcement activities continued to [...]
30 Apr
Posted by Mike Habib, EA as Bank Levy, IRS Problem, Wage Garnishment, Wage Levy
TIGTA issues statutory review of IRS compliance with legal guidelines when issuing levies [ Audit Report No. 2008-30-097 ]:
During the process of issuing levies, IRS has been complying with legal guidelines regarding proper notification and the protection of taxpayer rights, the Treasury Inspector General for Tax Administration (TIGTA) reported in a recent audit.
The agency [...]
01 Apr
Posted by Mike Habib, EA as Back Taxes, Bank Levy, IRS Audits, IRS Notice, IRS Problem, IRS Tax Help, Offer In Compromise - OIC, Past Due Tax Returns, Tax Controversy, Tax Relief, Unfiled Tax Returns, Wage Garnishment, Wage Levy
Truckers Tax Relief – Are you a truck driver with tax problems?
If you’re a truck driver and owe the IRS, you’re better off resolving your tax debt now. As you know, tax problems do not go away by themselves! Stop your IRS wage garnishment today, stop your IRS bank levy today, and release your [...]
24 Mar
Posted by Mike Habib, EA as Back Taxes, Bank Levy, Past Due Tax Returns, Unfiled Tax Returns, Wage Garnishment, Wage Levy
IRS Has $1.2 Billion for People Who Have Not Filed a 2004 Tax Return
Mike Habib, EA
MyIRSTaxRelief.com
IRS-2008-46, March 19, 2008
IRS WASHINGTON — Unclaimed refunds totaling approximately $1.2 billion are awaiting about 1.3 million people who failed to file a federal income tax return for 2004, the Internal Revenue Service announced today. However, to collect the [...]
13 Mar
Posted by Mike Habib, EA as Bank Levy, IRS Audits, IRS Problem, IRS Tax Help, Offer In Compromise - OIC, Past Due Tax Returns, Payroll Tax Problems, Tax Relief, Wage Garnishment
How to compare tax relief and resolution service companies?
Customer…Beware!
How To Keep From Getting Ripped Off?
Many “Tax Negotiation” companies out there will absolutely rip you off. These unscrupulous firms will take your money regardless of whether they can help you or not. They’ll lie to you and tell you they can [...]
29 Feb
Posted by Mike Habib, EA as Back Taxes, Bank Levy, Offer In Compromise - OIC, Past Due Tax Returns, Payroll Tax Problems
IRS provides guidance on new rules for employment tax levies
Mike Habib, EA
The IRS has issued interim guidance to its directors and collection area offices that explains when it is permissible to issue a levy to collect employment taxes without first giving the taxpayer a pre-levy collection due process (CDP) notice.
The IRS is authorized to take [...]
15 Feb
Posted by Mike Habib, EA as Bank Levy, IRS Notice, IRS Problem, IRS Tax Penalties, IRS audit advice, Offer In Compromise - OIC, Payroll Tax Problems, Unfiled Tax Returns, Wage Garnishment, Wage Levy
Want to stop a wage levy or a bank levy? Read on….
Mike Habib, EA
If you have not noticed, the IRS is getting more aggressive in their collection, and audit activities. Enforcement actions is at its highest level for years now!
Here is the scoop directly from the IRS
Fiscal Year 2007 Enforcement and Services Results
The IRS continues [...]
13 Feb
Posted by Mike Habib, EA as Back Taxes, Bank Levy, IRS Notice, IRS Problem, IRS Tax Help, Tax Relief, Unfiled Tax Returns, Wage Garnishment, Wage Levy
Final substitute return regs adopt temporary and proposed regs with one minor changeT.D. 9380, 2/12/2008; Reg. § 301.6020-1
Mike Habib, EA
In 2005, IRS issued temporary (also issued as proposed regs) that broadened the scope of when IRS-prepared substitute returns (SFR) are valid. Specifically, the temporary regs provide that a document or set of documents (including a [...]
01 Feb
Posted by Mike Habib, EA as Bank Levy, IRS Audits, IRS Notice, IRS Problem, IRS audit advice, IRS audit guide, Offer In Compromise - OIC, Past Due Tax Returns, Payroll Tax Problems, Wage Garnishment, Wage Levy
How to handle the IRS at your Front Door? Is a Revenue Officer or a Revenue Agent visiting you soon?
If you find yourself face to face with an IRS Agent (Revenue Officer for collection issues, or Revenue Agent for audit and examination issues), at your front door you must remember to avoid these common mistakes:
[...]
21 Jan
Posted by Mike Habib, EA as Bank Levy, IRS Problem, IRS Tax Penalties, Offer In Compromise - OIC, Past Due Tax Returns, Payroll Tax Problems, Penalty Abatement, Wage Garnishment, Wage Levy
IRS Tax Penalties, type of IRS tax penalties, options to address your IRS tax penalty and more…
The IRS has over 148 different types of penalties. And boy do they love to hand them out. The worst part is that the IRS also charges interest and additional penalties on the original penalty.
So you must try [...]
11 Jan
Posted by Mike Habib, EA as 1099-C, AMT, Bank Levy, IRS Problem, Mortgage Tax Debt Relief, Offer In Compromise - OIC, Penalty Abatement, Unfiled Tax Returns, Wage Garnishment, Wage Levy
Mortgage Tax Debt Relief, AMT Relief – why you need professional tax advice
AMT relief. In general terms, to find out if you owe alternative minimum tax (AMT), you start with regular taxable income, modify it with various adjustments and preferences (such as add-backs for property and income tax deductions and dependency exemptions), and then subtract [...]
11 Nov
Posted by Mike Habib, EA as Back Taxes, Bank Levy, IRS Audits, IRS Notice, IRS Problem, Wage Garnishment, Wage Levy
Nothing strikes terror in the heart of American taxpayers quite like finding a letter in the mailbox from the IRS! In an effort to help you avoid that unpleasant scenario, provided below are examples of some common pitfalls to avoid if you don’t want the IRS lining up to be your new pen pal.
It’s surprising [...]
11 Nov
Posted by Mike Habib, EA as Back Taxes, Bank Levy, IRS Audits, IRS Notice, IRS Problem, Penalty Abatement, Wage Garnishment, Wage Levy
You’ve just picked up your mail and … uh oh, there among the ads, bills and too numerous offerings for credit cards is that official looking letter from the Internal Revenue Service. A feeling of dread comes over you…but don’t panic or toss it, and please DO open it. It might even [...]
11 Nov
Posted by Mike Habib, EA as Back Taxes, Bank Levy, IRS Problem, Offer In Compromise - OIC, Past Due Tax Returns, Unfiled Tax Returns, Wage Garnishment, Wage Levy
Has it been awhile since you filed a tax return? Feeling guilty? Scared? Don’t know what to do? Do you even need to file?
Many people become non-filers each year for a number of reasons. They lose the paperwork, they couldn’t pay, or they forgot about it. Sometimes illness, family crisis or depression plays [...]
26 Sep
Posted by Mike Habib, EA as Bank Levy, IRS Audits, IRS Problem, IRS Tax Penalties, Offer In Compromise, Offer In Compromise - OIC, Penalty Abatement, Tax Controversy, Tax Relief, Wage Garnishment, Wage Levy
Facing an ever more aggressive Internal Revenue Service, Americans with tax debts should start 2008 with a fresh start and finally get rid of their looming tax problem(s).
Are you asking yourself … If i have tax problems who should I contact?
In case you hadn’t noticed, the taxman is after you.
2005 proved to be a year [...]