Archive for the ‘Tax Lawyer’ Category

posted by Legal Executive on May 24

Developed economies are no strangers to tax evasion woes. Greece, brought down in large part by wealthy citizens using foreign tax shields, is perhaps Exhibit A. So the new U.S. legislation on foreign account taxes isn’t all that surprising; in fact, other countries may soon follow suit, according to Forbes.

A little over a year ago, President Barack Obama signed into law the Foreign Account Tax Compliance Act (FATCA) in a bid to keep curb residents’ abuse of offshore tax rules. Four new sections were added to the already lengthy Internal Revenue Code, extending the country’s tax collections to financial institutions outside the U.S.

It would set the example for a dozen other countries whose citizens had long used loose tax laws to escape local obligations. The practice was traced back to the Swiss Banking Scandal, where rich Americans were shown to have been channeling their funds to tax havens like Hong Kong, Singapore, Switzerland, and the Cayman Islands.

The existence of tax havens wasn’t surprising; what was unexpected was how common the practice was. Tax evasion was, it appeared, all but standard practice for anyone past a certain degree of affluence–people that President Obama referred to as “fat cats.” And the impact on American and global economy was nothing to be brushed off.

Luckily, it didn’t take officials long to reach a conclusion: that current U.S. tax laws left doors wide open for tax evasion. The laws didn’t just allow residents to self-report their income and assets; they relied on it. For the “fat cats,” it was a simple matter of hiring a foreign banker to move their funds to offshore accounts.

FATCA essentially requires these bankers to submit information on their clients. To be able to do business with U.S. clients, foreign financial institutions must enter a contract with the Internal Revenue Service (IRS) requiring them to identify and report American citizens, residents, and non-financial U.S.-owned companies.

Foreign bankers will also need to submit information on their clients’ accounts to the government as needed. Depositors who refuse to provide identifying information will be subjected to a 30% tax on transfers and payments, and their accounts will subsequently be closed.

The law applies whether or not the institution serves U.S. customers or holds U.S. assets, as long as they are doing business with the U.S. It also covers more than banks–the government will also demand compliance from insurance companies, investment funds, mutual funds, private equity funds, pension funds, and broker dealers.

posted by Law Help on Oct 29

Bankruptcy: Article I, Section 8, of the United States Constitution authorizes Congress to enact “uniform Laws on the subject of Bankruptcies.” Under this grant of authority, Congress enacted the “Bankruptcy Code” in 1978. The Bankruptcy Code, which is codified as title 11 of the United States Code, has been amended several times since its enactment. It is the uniform federal law that governs all bankruptcy cases.

The procedural aspects of the bankruptcy process are governed by the Federal Rules of Bankruptcy Procedure (often called the “Bankruptcy Rules”) and local rules of each bankruptcy court. The Bankruptcy Rules contain a set of official forms for use in bankruptcy cases. The Bankruptcy Code and Bankruptcy Rules (and local rules) set forth the formal legal procedures for dealing with the debt problems of individuals and businesses.

There is a bankruptcy court for each judicial district in the country. Each state has one or more districts. There are 90 bankruptcy districts across the country. The bankruptcy courts generally have their own clerk’s offices. You can find a list of California Bankruptcy courts in our articles section.

The court official with decision-making power over federal bankruptcy cases is the United States bankruptcy judge, a judicial officer of the United States district court. The bankruptcy judge may decide any matter connected with a bankruptcy case, such as eligibility to file or whether a debtor should receive a discharge of debts. Much of the bankruptcy process is administrative, however, and is conducted away from the courthouse. In cases under chapters 7, 12, or 13, and sometimes in chapter 11 cases, this administrative process is carried out by a trustee who is appointed to oversee the case.

A debtor’s involvement with the bankruptcy judge is usually very limited. A typical chapter 7 debtor will not appear in court and will not see the bankruptcy judge unless an objection is raised in the case. A chapter 13 debtor may only have to appear before the bankruptcy judge at a plan confirmation hearing. Usually, the only formal proceeding at which a debtor must appear is the meeting of creditors, which is usually held at the offices of the U.S. trustee. This meeting is informally called a “341 meeting” because section 341 of the Bankruptcy Code requires that the debtor attend this meeting so that creditors can question the debtor about debts and property.

A fundamental goal of the federal bankruptcy laws enacted by Congress is to give debtors a financial “fresh start” from burdensome debts. The Supreme Court made this point about the purpose of the bankruptcy law in a 1934 decision:

[I]t gives to the honest but unfortunate debtor…a new opportunity in life and a clear field for future effort, unhampered by the pressure and discouragement of preexisting debt.

Local Loan Co. v. Hunt, 292 U.S. 234, 244 (1934). This goal is accomplished through the bankruptcy discharge, which releases debtors from personal liability from specific debts and prohibits creditors from ever taking any action against the debtor to collect those debts. This publication describes the bankruptcy discharge in a question and answer format, discussing the timing of the discharge, the scope of the discharge (what debts are discharged and what debts are not discharged), objections to discharge, and revocation of the discharge. It also describes what a debtor can do if a creditor attempts to collect a discharged debt after the bankruptcy case is concluded.

Six basic types of bankruptcy cases are provided for under the Bankruptcy Code, each of which is discussed in this publication. The cases are traditionally given the names of the chapters that describe them.

Chapter 7, entitled Liquidation, contemplates an orderly, court-supervised procedure by which a trustee takes over the assets of the debtor’s estate, reduces them to cash, and makes distributions to creditors, subject to the debtor’s right to retain certain exempt property and the rights of secured creditors. Because there is usually little or no nonexempt property in most chapter 7 cases, there may not be an actual liquidation of the debtor’s assets. These cases are called “no-asset cases.” A creditor holding an unsecured claim will get a distribution from the bankruptcy estate only if the case is an asset case and the creditor files a proof of claim with the bankruptcy court. In most chapter 7 cases, if the debtor is an individual, he or she receives a discharge that releases him or her from personal liability for certain dischargeable debts. The debtor normally receives a discharge just a few months after the petition is filed. Amendments to the Bankruptcy Code enacted in to the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 require the application of a “means test” to determine whether individual consumer debtors qualify for relief under chapter 7. If such a debtor’s income is in excess of certain thresholds, the debtor may not be eligible for chapter 7 relief.

Chapter 13, entitled Adjustment of Debts of an Individual With Regular Income, is designed for an individual debtor who has a regular source of income. Chapter 13 is often preferable to chapter 7 because it enables the debtor to keep a valuable asset, such as a house, and because it allows the debtor to propose a “plan” to repay creditors over time – usually three to five years. Chapter 13 is also used by consumer debtors who do not qualify for chapter 7 relief under the means test. At a confirmation hearing, the court either approves or disapproves the debtor’s repayment plan, depending on whether it meets the Bankruptcy Code’s requirements for confirmation. Chapter 13 is very different from chapter 7 since the chapter 13 debtor usually remains in possession of the property of the estate and makes payments to creditors, through the trustee, based on the debtor’s anticipated income over the life of the plan. Unlike chapter 7, the debtor does not receive an immediate discharge of debts. The debtor must complete the payments required under the plan before the discharge is received. The debtor is protected from lawsuits, garnishments, and other creditor actions while the plan is in effect. The discharge is also somewhat broader (i.e., more debts are eliminated) under chapter 13 than the discharge under chapter 7.

Chapter 11, entitled Reorganization, ordinarily is used by commercial enterprises that desire to continue operating a business and repay creditors concurrently through a court-approved plan of reorganization. The chapter 11 debtor usually has the exclusive right to file a plan of reorganization for the first 120 days after it files the case and must provide creditors with a disclosure statement containing information adequate to enable creditors to evaluate the plan. The court ultimately approves (confirms) or disapproves the plan of reorganization. Under the confirmed plan, the debtor can reduce its debts by repaying a portion of its obligations and discharging others. The debtor can also terminate burdensome contracts and leases, recover assets, and rescale its operations in order to return to profitability. Under chapter 11, the debtor normally goes through a period of consolidation and emerges with a reduced debt load and a reorganized business.

Chapter 12, entitled Adjustment of Debts of a Family Farmer or Fisherman with Regular Annual Income, provides debt relief to family farmers and fishermen with regular income. The process under chapter 12 is very similar to that of chapter 13, under which the debtor proposes a plan to repay debts over a period of time – no more than three years unless the court approves a longer period, not exceeding five years. There is also a trustee in every chapter 12 case whose duties are very similar to those of a chapter 13 trustee. The chapter 12 trustee’s disbursement of payments to creditors under a confirmed plan parallels the procedure under chapter 13. Chapter 12 allows a family farmer or fisherman to continue to operate the business while the plan is being carried out.

Chapter 9, entitled Adjustment of Debts of a Municipality, provides essentially for reorganization, much like a reorganization under chapter 11. Only a “municipality” may file under chapter 9, which includes cities and towns, as well as villages, counties, taxing districts, municipal utilities, and school districts.

The purpose of Chapter 15, entitled Ancillary and Other Cross-Border Cases, is to provide an effective mechanism for dealing with cases of cross-border insolvency. This publication discusses the applicability of Chapter 15 where a debtor or its property is subject to the laws of the United States and one or more foreign countries.

In addition to the basic types of bankruptcy cases, our Bankruptcy Basics section provides an overview of the Servicemembers’ Civil Relief Act, which, among other things, provides protection to members of the military against the entry of default judgments and gives the court the ability to stay proceedings against military debtors.

This publication also contains a description of liquidation proceedings under the Securities Investor Protection Act (“SIPA”). Although the Bankruptcy Code provides for a stockbroker liquidation proceeding, it is far more likely that a failing brokerage firm will find itself involved in a SIPA proceeding. The purpose of SIPA is to return to investors securities and cash left with failed brokerages. Since being established by Congress in 1970, the Securities Investor Protection Corporation has protected investors who deposit stocks and bonds with brokerage firms by ensuring that every customer’s property is protected, up to $500,000 per customer.

The bankruptcy process is complex and relies on legal concepts like the “automatic stay,” “discharge,” “exemptions,” and “assume.” Therefore, you can find in our articles section a glossary of Bankruptcy Terminology which explains, in layman’s terms, most of the legal concepts that apply in cases filed under the Bankruptcy Code.

By: State Bar Approved Lawyer Referrals

About the Author:

Certified by the California Bar Association (Certification # 0128), 1000Attorneys.com is a single point of contact to find pre-screened attorneys in Los Angeles, California. The lawyer referral program complies with rules and regulations set forth by the Bar and the Supreme Court to provide unbiased lawyer referrals to Los Angeles residents

posted by Law Help on Oct 29

1. You Cannot Remember The Last Time You Filed A Tax Return

If you are earning income and have not filed a tax return for a few years, then you might want to consider hiring a tax attorney. Even if you do not think that you owe the IRS money, a tax attorney can provide you with a full review of your IRS account to determine if you are owed any refunds.

2. You Get An Assessment Letter From The IRS

If you receive an assessment letter in the mail from the IRS, then it means they have determined that you owe them money. The first letter they send informs you of the situation and outlines the penalties and interest they are adding to your debt. If you do nothing, your debt will continue to increase. Alternatively, if you retain a tax attorney, they can begin working to settle your debts.

3. The IRS Files A Lien Against Your Property

If the IRS assesses a tax debt against you and you do not respond, then they will begin the collection process. First, they may send you a Notice and Demand for Payment. If you do not respond after 10 days, then they can file a public Federal Tax Lien against you. The lien will attach itself to all of your property including homes, land, vehicles, etc. In order to get the lien released, you will need to first settle your IRS debts. This can be done by either paying the amount in full or hiring an attorney to negotiate an IRS settlement such as an Offer in Compromise.

4. The IRS Levies Your Bank Account

After the IRS has issued a lien against you, they may begin to take other actions, such as levying your bank accounts. This will most likely occur if you do nothing in response to an IRS lien, IRS notices you receive, or IRS telephone calls. If you receive a Notice of Intent to Levy from the IRS in the mail, then you should act as soon as possible. If not, the IRS can begin taking funds from your bank accounts to satisfy your tax debts in 30 days.

5. The IRS Garnishes Your Wages

Similarly, the IRS can also levy your wages through a wage garnishment. Once your employer receives a wage garnishment notice from the IRS, your employer must immediately begin to withhold the garnished amount from your wages and transfer those funds directly to the IRS.

6. Trust Fund Recovery Penalty Assessment

If you run a business and have wage-earning employees, then you must withhold income taxes from their paychecks and forward the funds to the IRS. If you do not forward the withheld taxes, then the IRS will force you to pay the taxes by assessing a Trust Fund Recovery Penalty (TFRP) against you. If you get a notice from the IRS about a TFRP, then you should immediately call a tax attorney for help.

By: Roni Deutch

About the Author:

The Tax Lady Roni Deutch and her law firm Roni Lynn Deutch, A Professional Tax Corporation have been helping taxpayers across the nation find IRS tax relief for over seventeen years. The firm has experienced tax lawyers who can fight IRS tax liens on your behalf.

posted by Law Help on Oct 24

While most reasons for not filing taxes are acceptable, the fact is, even late or back taxes eventually need to be filed. No matter how late, filing your back taxes will help to either lessen or altogether prevent any IRS problems. The IRS still requires that you file your taxes, whether you only missed a particular year or have not done so since mid 1980s. This will absolutely lessen your risk of being prosecuted by the IRS and having enforced tax collection procedures thrust upon you.   

While it would be nice to have all tax records readily available, this is not possible for many people. Phenomena like fires, floods and other calamities may destroy all of a person’s belongings, including relevant documents. On the bright side, a great tax attorney and accountant are instrumental in successfully filing your back taxes as they can assist in the reconstruction and retracing of tax records. In some extreme cases, tax lawyers have been known to prepare and recreate relatively accurate and complete tax records dating as far back as 15 to 20 years earlier.

Some people would have wanted to dutifully pay for their taxes had it not been for certain circumstances, like not having enough money to pay the amount due on their returns. Fortunately, they are provided with the choice of filing a missing return or back taxes. Its key benefits include not being imposed with the substantial penalty of 25%, the fee for late filing. Certain states can in fact penalize you with larger fees even if you do not owe them any money, if you fail to complete this legal obligation.

You will definitely conserve a great deal of time if you were able to keep all your tax information from previous years. What you just need to do now is prepare your tax returns. This is the stage when you need professional help the most. The thought of not knowing whether or not you owe back taxes or knowing that you have not paid for them is distressing.  Clients have observed that just making an appointment to see a tax professional who can help them sort through the maze of forms and procedures makes their worries go away.

Most people go on believing that electronic methods can be utilized in filing for back taxes. The IRS, on the other hand, does not allow these, as they prefer to receive these requests through hand delivery or mail. Also, using certified mail is required to have proof of IRS receipt on these documents.

Those who know they owe the IRS some amount of money will most likely be obliged to pay interest and other applicable penalties. In this case, types of IRS assistance, like payments plans, are available.

In reality, filing back taxes can be a relatively quick and easy process. What complicates the situation is your refusal to instantaneously deal with the issue and inaction in filing and paying back taxes.  At worst, you might, in the end, owe significant amounts of money and face more severe consequences because of these IRS issues.

By: Edith Agnes

About the Author:

Darrin T. Mish is a nationally recognized tax attorney whose practice represents clients nationally and internationally with IRS problems. If you would like more information about IRS help, IRS attorney, IRS lawyer, please visit http://getirshelp.com.

posted by Law Help on Oct 22

Hey, we all remember the jury that awarded three million dollars to the women who said her McDonalds coffee was to hot. If that doesn’t scare you, nothing will.

Fortunately, the law also gives you some ammunition to fight back against potential lawsuits. The ammunition comes in the form of business entities that protect you from personal liability for the debts of the business. These debts include lawsuit judgments.

The two most common business entities used for this purpose are the corporation and limited liability company. Although each is unique, they create a shield between your personal assets and the business. This occurs because the entities are treated as though they are a unique person. If they get into trouble, you are not liable. For example, buying shares in Google, a publicly traded corporation, does not mean you are on the hook if Google loses a lawsuit.

Obviously, the liability protection of a business entity is a good thing. That being said, you have to treat it as a separate individual to keep the shield in place. In this case, we are talking about getting a tax identification number for it. Of course, the IRS doesn’t call it that. Instead, it is called an Employee Identification Number or EIN. So, how do you get one?

The first thing to do is download the SS-4 form off the IRS website. Fill it out so you have all the information necessary. You can mail it in, but it takes forever to get a response. Assuming you want things to move quicker, the easier step is to call the IRS at 800-829-4933. They will ask you for information off the form and give you the EIN there and then. Alternatively, you can go to their site and do the application online. Just search for “EIN” and then fill out the form. Importantly, write down the EIN when it appears as the IRS does not send you a confirming email.

Getting an EIN for a business entity is fairly simple. Just make sure you need one. Single owner LLCs often do not. If you have any doubts, hire an accountant to do it. It will cost a couple of bucks, but is worth getting it right.

By: SD Lawyer

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For More Article Visit :: http://www.thearticleinsiders.com/

posted by Law Help on Oct 16

Basic Tax Attorney Qualifications

In addition to holding a Juris Doctor degree, a tax attorney often also receives a Masters of Laws (LL.M) degree specifically in taxation. They must be admitted to the local state bar, and may be licensed to practice in several states. If you need a lawyer to represent you in the U.S. Tax Court, they must be admitted to appear before that specific court.

Tax Attorney Specializations

Although most people consider consulting a tax lawyer when they’re facing an IRS audit or have a dispute with the IRS, an attorney can also be the most appropriate person to contact for other issues.

Estate Planning: If you need a will or a trust, look for an estate planning attorney who is also a tax attorney. They will be able to set up the trust in a way that offers the best tax treatment for your estate and protects your heirs.

Small Business Taxes: Many small businesses rely on their accountants for tax advice, but some accountants are not aware of the intricacies of the tax code, which change every year. A tax lawyer keeps abreast of those changes and can discern whether state law or federal law applies to a specific issue. If you operate an international business, they can also offer guidance about issues relating to tax treaties.

Employment Tax Issues: Employment tax regulations are very complicated. Rather than an accountant, you should consult a lawyer for advice related to paying employees and contractors.

IRS Issues: If you’re involved in a dispute with the IRS, a tax attorney is the most qualified to argue your case. They may be able to have liens removed, negotiate IRS settlements, or argue your case in the US Tax Court.

Considerations when Choosing a Tax Attorney

Finding a lawyer is easy. Finding a qualified lawyer can be difficult. When looking for a tax lawyer, consider the following factors:

· Referral from a friend, your personal attorney, or your accountant

· Member of the state Bar

· LL.M degree

· Specialization in your area of need

· Extensive experience in their specialization

· Clear rate schedule

· Admitted to appear before US Tax Court, if you have IRS issues

· Experience negotiating with the IRS, if you have IRS issues

· Realistic explanations of what they’ll do for you, what they expect from you, and the outcome you can reasonably expect.

It’s important to choose your tax attorney as carefully as you would your accountant. Take your time interviewing attorneys until you find a qualified attorney you feel comfortable with.

Source: http://www.bills.com/tax-attorney/

By: justin narin

About the Author:

Justin has more than 5 years experience as a financial adviser, his key areas are loan consolidation, debt relief, mortgages etc.

posted by Law Help on Oct 12

Do you owe the government taxes? Are you being audited by the Internal Revenue Services? Are you being accused of committing tax crime? If you answer affirmatively in one or more of the aforementioned queries, then you certainly needed the services of a tax attorney. How can you be certain that you need tax attorney’s services? Well, you have to consider several things. First, if you think that the tax problem will not complicate things if ignored then; the answer is on the negative. However, if it will worsen when ignored, better get yourself an attorney before it’s too late to do so. You might be subject to penalties or worst imprisonment. Tax penalties include fines, liens, levies, interests, and other penalties. Moreover, in criminal cases failure to pay tax or employing tax fraud can put the taxpayer to jail.

So, you have decided to hire the services of a tax attorney. How are you to choose the right one?

Remember that attorneys may either have a field of specialization or opt to become a general practitioner. Moreover, in choosing a tax attorney, be sure that he is an expert on taxation. However, it should not end there. Also consider his reputation and past records in defending his clients. Be sure that he is of good standing in that particular field of law.

Also consider the attorney’s fees. As you know, legal services are not cheap. In fact, if you insist to remedy your tax trouble yourself, the cost might multiply. Attorney’s fees may vary according to place, achievements, and the like. Hence, before you ponder on other considerations, think of this aspect first. You might get frustrated if you have chosen an ideal lawyer yet; cannot afford his legal services.

Talk to several tax attorneys. Ask them about their fee arrangements. To help you further, here are the common fee arrangements of tax attorneys:

1. Flat or Fixed Rate. This arrangement covers a set of fees for a particular legal service.

2. Hourly Rate. The fee is based on the time spent by the lawyer on your legal problem.

3. Contingent Fee. The fee is dependent on the amount of recovery secured by the lawyer. A fixed percentage of which will serve as attorney’s fees. Nevertheless, you will still be responsible for particular expenses like filing fees, court costs, telephone charges, copies, and more.

Another factor to consider is time. Time is one essential factor in tax problems. Time is always of the essence. Penalties will accumulate if your tax burden is not remedied at the earliest possible time. Further, you may also lose your chance to appeal, if you let the grace period lapse.

You should also consider your personal preferences in choosing a tax attorney. Do you prefer seasoned lawyers? How about the gender? The personality of the lawyer must also be taken into consideration. He must be easy to talk with and confide to. This is because sensitive and confidential matters must be communicated to a tax lawyer so that he can give you the appropriate legal measures to apply. If some things regarding tax burdens are hidden from him, it will redound to the disadvantage of the client. All these factors must be contemplated to choose a lawyer that can work with you efficiently. In the end, it is essential to pick someone whom you can trust to do the best possible legal remedy for you.

By: Danial Holland

About the Author:

Information on dwarf orange tree can be found at the Gardening Central site.

posted by Law Help on Oct 7

The Tax Man Cometh

By Cheryl L. Ryan & Grey W. Jones

“I am single and I owe the IRS $80,000 in back taxes for tax years 2000 through 2003. I think I probably owe some money to the State of Ohio and I currently make $40,000 per year. I just received a Notice of Levy, which states that the IRS plans to garnish my wages. I know I will be fired, if my employer finds out. What can I do?”

The foregoing is a prime example of the types of tax problems Jones & Ryan encounters on a daily basis. People faced with tax problems and impending levies and/or garnishments are often emotionally distraught – believing that they will lose their homes, their jobs, their marriages. Many are concerned that they will even be sent to jail. Unfortunately, many of their concerns are valid. In this new age of aggressive tax enforcement, losing your home is a real possibility and being sent to jail is not entirely out of the question.

Fortunately, this tax problem does not have to ruin our client’s life. Those of us who turn on the television even just once a week for 15 minutes are aware of the Infamous Offer in Compromise program. This program solves your tax problems for “pennies on the dollar.” Unfortunately, despite what you hear on television, you really have to be in dire straits to qualify for this program. Our $40,000 per year single tax client might, but probably won’t, qualify. It he has any money left over from his paycheck, he can be sure the IRS wants it.

However, many tax clients do qualify for an Installment Agreement, either partial or full. A $40,000 per year single tax client cannot possibly payoff an $80,000 tax debt, especially when penalties and interest continue to accrue. Under these circumstances, a Partial Pay Installment Agreement is likely the best option. This plan allows our tax client to pay the IRS a reasonable sum every month. Many times, the IRS will agree to accept less than the total amount due and forego penalties and interest.

Of course, if our tax client’s income increases, the IRS will likely discover this new-found money and will seek to renegotiate the payment plan. The IRS does realize that everyone needs a place to sleep, as well as certain other basic necessities. In order to negotiate the best payment plan possible, our tax client will need to account for these necessities in agonizing detail. The more money he needs to pay his monthly mortgage, the less money he has in his pocket to pay the IRS. Keep in mind though, the IRS has established national averages for the basic necessities. With an income of $40,000 per year, our single tax client shouldn’t count on being able to remain in his $250,000 home.

The good news is that the IRS has a statute of limitations. The IRS cannot continue to collect from our tax client more than ten years after the tax was assessed without suing him for an extension, which is very rare. In the case of our $40,000 per year tax client, the taxes owing for 2000 were likely assessed sometime around 2002. The IRS has a “drop dead date” in 2012. If it hasn’t collected by that time, our tax client can likely rest easy that the tax debt for that year is gone.

As always, with the good news comes the bad. The State of Ohio does not have a statute of limitations. They can and will pursue our tax client forever. We recently had a client who owned a car dealership over 20 years ago. He failed to pay sales tax in 1982. More than 25 years later, the State of Ohio levied him for the unpaid sales tax. Of course, he no longer had any documentation to dispute the amount they claimed he owed. However, he did have photographs of the dealership, which were taken back in 1982. We were able to produce these photographs to the State of Ohio, in order to document the number of vehicles he really had in his inventory at the time. We were able to reduce his tax debt by over $100,000.

Similar to our car dealer, our tax client who makes $40,000 per year is not without hope. With quick involvement on our part and cooperation from our client, the wage garnishment can be stopped, before the employer has any knowledge of it. The key is immediate action. If the IRS knows that a tax professional will be submitting a proposed resolution to the problem, any impending levy and/or garnishment will likely be stayed until a mutually-agreeable resolution is put in place. It is imperative that tax problems be handled as quickly and efficiently as possible. Otherwise, our tax client may find himself unable to pay his mortgage or make his car payment, as the IRS has taken nearly all of his $770 per week paycheck.

The tax law firm of Jones & Ryan offers a free initial consultation. To begin the process of tax recovery simply visit the Jones and Ryan Tax Website and take our tax relief questionnaire. You may also enjoy our other tax articles as well as our extensive frequently asked tax questions page. On our website you may also learn more about our firm, our tax services, and how to contact us for tax help.

By: Grey W. Jones

About the Author:

Grey W. Jones, Attorney at Law, was born into a family of trial lawyers. His dad, Wilbur Jones, defended cases for over 50 years. His brother and brother in law were also trial lawyers their entire career. As a result, he maintains a trial lawyer’s approach to tax problems.

Currently, Grey still defends large companies such as the Nationwide Insurance Company. His relationship with Nationwide goes back to 1981 and he has defended them continuously all of these years with over 150 total jury verdicts to date.

Tax cases have been a part of Grey’s practice since 1985. Currently, he has over 220 active tax files focused almost exclusively on “problem tax cases” such as liens, levies, audits, or enforcement action by the government.

Grey is admitted to the Ohio and Minnesota Bar, State and US District Court of Ohio, Supreme Court of Ohio, Federal Appeals District, and the US Tax Court. Cheryl L. Ryan, Esq.

Cheryl L. Ryan, Attorney at Law, is a graduate of the Capital University Law School. She received her undergraduate degree from The Ohio State University. Cheryl has been with the firm and its predecessors since 1998 and recently became a partner.

She concentrates her practice primarily in the areas of defense litigation and tax problem resolution. Cheryl is admitted to the Supreme Court of Ohio and the United States District Court for the Southern District of Ohio. She is a member of the Ohio State Bar Association and the Columbus Bar Association.

posted by Law Help on Oct 6

Few things threaten your well-being like the harassment and anxiety of tax problems. Most people make 3 mistakes that get them in trouble with the IRS. They procrastinate, they attempt to represent themselves and they hire sub-par representation and are then in more need of help than ever before.

These are the kind of services a Dallas tax lawyer can provide: Offer in Compromise Cases, Penalty Abatement Petitions, and Full Audit Representations Business Strategy Sessions.

It settles your tax liability for less than the full amount owed, providing you can prove you don’t have the ability to actually pay. Depending on how much you can afford, you really can pay “Pennies on the Dollar Owed” as taxes. If it is done correctly – this option and a Dallas tax lawyer could save you an enormous amount of money, and is the best strategy for most taxpayers. You should take extreme caution as you should hire a professional Dallas tax lawyer with knowledge of the IRS’ procedures. This professional should determine the least amount that the IRS will accept from you as if the Offer is not submitted correctly it will be rejected, or you may be required to pay more than is actually necessary.

An Offer in Compromise and a Dallas tax lawyer may save you a huge amount of money. And do you know that the IRS only has a limited time to collect your back taxes? Let a professional Dallas tax lawyer determine when the IRS’ time limit to collect taxes runs out. In most cases the IRS has only a limited time to collect the unpaid taxes.

Delaying tactics used by a Dallas tax lawyer may be used to stall the IRS while their time runs out. Once the IRS is out of time, they must stop all collection action against you.

For more resources about Denver tax attorney or about tax attorney Washington or even about Georgia tax attorney, please check out these links.

By: Groshan Fabiola

About the Author:

For more resources about Denver tax attorney or about tax attorney Washington or even about Georgia tax attorney, please check out these links.

posted by Law Help on Oct 2

When you need to obtain a lawyer you want one who has an area of expertise in the field of which you need legal representation.

There are many different reasons why some one can be need of a lawyers service. That is why there are so many different lawyers to chose from. There are many areas of law in which a lawyer can specialize. You wouldn’t hire a tax lawyer to represent you in a car accident case.

Depending on your legal situation you may or may not need a lawyer. Some small claims court cases are easily handled by your own representation. This is why most lawyers offer free consultation services. It is after the initial consultation a lawyer can decide whether it is worth it for you to obtain their services. If it is decided you are in need of their service they then will present the cost of retaining their services. Retainer fees are the first payment just to obtain their service. They will also be able to tell you how much your total cost will be.

Some lawyers work on what is called contingency. Contingency is what the lawyer will earn if your case is won. There is usually no up front costs for this. The way it works is your lawyer will take around 33% of the money awarded to you in your case. So if you had a case that was for an award amount of $1500.00 your lawyer will take about $500.00 or so.

Hiring the right lawyer can be the key to winning your case, especially if you have a strong case. Some things you would want to know about your lawyer are their credentials. You would want to know how many cases they have won, their amount of court room experience, have they settled a lot of cases out of court and are they licensed to represent you in your state. You should feel comfortable and confident with the lawyer you chose. You should feel that you trust your lawyer can adequately handle your case. You could ask to see if they have a portfolio to help you determine whether they are good enough for you to hire.

Most people don’t ever anticipate a need for a lawyer so it is hard for them to know what to ask and do before obtaining their services. Unless you are a Business Corporation or proprietor you wouldn’t really already have your own lawyer. So if you find your self in need of a lawyers service you should ask them the right questions. Also remember this is something they may affect you financially or criminally. You don’t want a lawyer who takes on multiple cases at once for really low rates. You should feel that they are focused on your needs and are determined to win you case. You also want them available to answer your questions when you are feeling uncertain about your suit.

Remember this can be a win or lose situation and if you don’t chose wisely you may regret it.

By: Robert Michael

About the Author:

Robert Michael is a writer for Db Lawyer which is an excellent place to find lawyer links, resources and articles. For more information go to: http://www.dblawyer.com