Category: Blog

A Guide to IRS Tax Installment Agreements

IRS Tax Installment Agreement with The Law Offices of Nick Nemeth

If an individual or a business is unable to pay their tax liabilities in full, it is better to request an IRS tax installment agreement rather than being at the wrong side of the law. An IRS installment agreement, also called “IRS Installment payment plan”, allows taxpayers to pay their tax debt in parts, over an extended period of time. Continuing on the subject, this blog post covers all you need to know about IRS tax installments agreements, including the application process. What is an IRS Tax Installment Agreement? The IRS offers a payment plan that allows taxpayers to pay

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An Overview of IRS Wage Garnishment Laws

IRS Wage Garnishment with The Law Offices of Nick Nemeth

The Internal Revenue Service (IRS) serves almost two million wage garnishment notices every year. The President’s 2016 Fiscal Year Budget announced that the federal government had collected more than $55 million in wage garnishments in 2014. In cases of wage garnishments, the court issues an order requiring the employer of a tax defaulter to withhold a certain amount of the defaulter’s wage and give it to the person or institution to whom they owe money, which is to be continued until the debt is paid in full. In this blog post, we look at certain rules and procedures governing wage

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Answering 5 FAQs about IRS Payroll Tax Payment

IRS Payroll Tax Payment with The Law Offices of Nick Nemeth

The IRS may seem tough on collecting income taxes, but they are even tougher when it comes to payroll taxes. Payroll taxes the money withheld from employees’ wages, and the employer is required to pay it to the IRS. The money is a trust fund belonging to the federal government, and no matter how good a reason you have for using it for something else, the IRS will hold you liable for non-compliance. If you, like many others, have any doubts about the process of paying payroll taxes, we can clear up any confusion by answering five FAQs. 1. What

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An IRS Tax Problem isn’t a One-Way Street: Here is How to Proceed

IRS Tax Problems Help with The Law Offices of Nick Nemeth

Congress created the Taxpayer Advocate Service as a way to resolve problems within the IRS between taxpayers. One of the most important powers of the Taxpayer Advocate Service is their ability to issue Taxpayer Assistant Orders. These orders are intended to provide the taxpayer with a way to resolve a dispute with the IRS. Powers of the Taxpayer Assistance Order (TAO) If a taxpayer qualifies, a TAO can issue requiring the IRS to take or refrain from taking any action permitted by law and needed to relieve the taxpayer’s “significant hardship”. For example, a TAO can (1) require the IRS

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Common Pitfalls to Avoid When Filing Taxes

Unfiled Tax Returns with The Law Offices of Nick Nemeth

Filing an accurate tax return with the help of a professional helps taxpayers in more ways than one. Nobody wishes to receive communication from the IRS to the effect that errors have been discovered on their tax return. The best way to avoid common pitfalls when filing your taxes is to hire a reputable professional and follow their directions. Here is a look at some of the common pitfalls you need to avoid when filing your taxes. Miscalculations Bad math is by far the most common issue on most tax returns every year.  That is why the IRS strongly advises

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Know Your Appeal Rights before Going Against the IRS

IRS Tax Appeals with The Law Offices of Nick Nemeth

More than 100,000 taxpayers go through the IRS Tax Appeals process every year to reconcile their differences with IRS determinations on the tax obligations. It is your right as a taxpayer to contest IRS decisions that you do not agree with. However, simply disagreeing is not enough, as you need to know the process and your rights as enshrined in the Taxpayer Bill or Rights. Let us take a closer look at your rights as a taxpayer, which you must be familiar with to successfully appeal against an IRS determination. Taxpayer Bill of Rights Taxpayer rights in the Taxpayer Bill

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3 Steps to Claiming Innocent Spouse Tax Relief

Innocent Spouse Tax Relief with The Law Offices of Nick Nemeth

Most couples these days choose to file joint tax returns. This makes them equally responsible for all the taxes that they owe. If your spouse or ex-spouse lied about their unpaid taxes on a joint tax return and you are now facing tax debt issues, you can apply for Innocent spouse tax relief. There are many ways to prove your innocence and get IRS tax relief. Continuing the discussion, this blog covers 3 steps that can help you seek innocent spouse relief from IRS. Let us dig in. 1. File IRS Form 8857 If you believe that you qualify for

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A Brief Guide to Understanding IRS Tax Appeals

IRS Tax Appeal with The Law Offices of Nick Nemeth

If you disagree with the IRS’ decision on the amount of taxes you owe, there is a recourse to help resolve the dispute without taking it to the Tax Court. You can file an appeal with the Office of Appeals which is an independent organization within the IRS. An IRS tax appeal helps you request an additional investigation into your taxes which may lead to a reduced tax bill if the investigator finds any error or anomaly. This blog will answer popular questions people ask about Appeals.  Please read on. When can you file an appeal? You can file an

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An Introductory Guide to Wage Garnishment Laws in Texas

When a debtor is unable to pay the amount they owe, a court may order their employer to withhold a part of their wage and send it directly to the creditor until the debt is paid. When it comes to wage garnishment laws, the laws in Texas are different from most of the other states in the US. Texas imposes certain limitations on the creditors seeking debtor’s wage to settle their unpaid debts. In addition, there is a limit on the amount that can be withheld from a defaulting debtor’s wage. This post gives you an overview of wage garnishment

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Simple Ways to Settle IRS Tax Debts

Simple Ways to Settle IRS Tax Debts with Nick Nemeth

If you owe money to the IRS and fail to prove that the tax evasion was unintentional, the repercussions can be adverse. The IRS has the power to garnish your wages and seize your assets and property to recover the money that you owe. If you are hoping to  settle on a reliable payment plan without any penalties for your unpaid taxes, you may need legal counsel. The Law Offices of Nick Nemeth have a team of experienced and reputable IRS tax relief attorneys who successfully help many taxpayers settle their tax debt problems. This post lists some of the

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