Author: The Law Offices of Nick Nemeth

Wondering How to Pay Payroll Taxes to IRS? Read This Now

IRS Payroll Tax with The Law Offices of Nick Nemeth

Every employer must report and deposit payroll taxes on time. The IRS mandates employers to provide an accurate record of the total income of employees and the amounts withheld. It is, therefore, important for employers to know the steps involved in preparing and filing IRS payroll tax returns to avoid mistakes that can have serious repercussions, including heavy penalties. Continuing on the subject, in this blog post, we explain the basics of payroll taxes and how to pay payroll taxes to the IRS. Take a look. Taxes Included in Payroll Taxes There are three major types of taxes that are

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A Brief Guide on How to Get Assistance Regarding a Tax Lien

IRS Tax Lien Help with The Law Offices of Nick Nemeth

Paying off tax debts is a fundamental obligation that everyone with a taxable income must fulfill within the timeline determined by the IRS. If a taxpayer neglects or fails to pay their tax debt, the IRS has the right to exercise a number of collection practices that include putting a lien on the defaulter’s income, bank accounts, and other assets. Although you can take the DIY route to resolve IRS tax lien, it is always advisable to consult an IRS attorney who specializes in handling tax problems. If you are wondering how to get assistance regarding a tax lien, this

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Why Hire a Professional to Help with IRS Tax Debt

IRS Tax Debt Relief with The Law Offices of Nick Nemeth

Facing IRS tax debt problems is every taxpayer’s worst nightmare. Although one can always take the DIY route to deal with IRS tax debt problems, it is advisable to hire an experienced tax attorney, who can help and resolve IRS tax problems.  If you are facing an IRS tax debt issue and need professional help, look no further than the team at the Law Offices of Nick Nemeth. Continuing the discussion, in this blog post, we cover three reasons why you need to hire a professional to help with IRS tax debt. Read on. In-Depth Knowledge Tax attorneys are trained

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Need Help with Filing Unfiled Tax Returns? Read This Now!

Unfiled tax returns with The Law Offices of Nick Nemeth

Every year, taxpayers are required to file their IRS tax returns within the stipulated timeline. There are times, however, when taxpayers are unable to clear their dues and end up with heavy penalties and interests. Whether a taxpayer forgets the deadline, doesn’t have the finances to pay the owed taxes, or has a history of unfiled taxes, the IRS has different tax relief options to help them overcome settle their dues. Continuing on the subject, in this blog post, we focus on how to go about filing unfiled tax returns. Read on. Filing Unfiled Tax Returns Collate all Documents The

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Understanding Reasonable Cause for IRS Penalty and Interest Abatement

IRS Penalty Abatement with The Law Offices of Nick Nemeth

The IRS tax penalty abatement is a provision that allows taxpayers to remove late payment penalties and interests imposed by the IRS for unpaid taxes and delayed tax reporting and payment. If you have unfiled or unpaid tax debts and have a “reasonable cause” for the noncompliance, you can apply for penalty abatement relief. The abatement, however, does not reduce the actual tax amount; it only removes the penalties or interest charged by the IRS. Continuing on the subject, this blog covers all you need to know about IRS penalty and interest abatement. Read on. What is IRS Penalty Abatement?

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Got Unfiled Tax Returns? It’s Never Too Late for Redemption!

Unfiled Tax Returns with The Law Offices of Nick Nemeth

Taxpayers are required to file their tax returns once every year to document their finances and the taxes paid during the year. Some taxpayers, however, go past the due date of filing tax returns and end up facing various penalties, interests, and even have to face legal consequences. If you too have non-filed tax returns and need guidance, this blog is for you. Read on to find out all you need to know about filing unfiled tax returns. Why You Must File Unfiled Tax Returns Immediately In case of non-compliance, the IRS has the authority to hold refunds or file

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IRS Tax Problems aren’t a One-Way Street: Read This Now!

IRS Tax Problem with The Law Offices of Nick Nemeth

Most taxpayers are so used to paying taxes or facing collection actions, interests, and audits that they think the IRS is indisputable, which is simply untrue. The IRS can make mistakes when calculating taxes and taxpayers can use the Taxpayer Bill of Rights to appeal against the agency’s erroneous decisions. If you are facing any IRS tax problem and wondering what to do about it, the Law Offices of Nick Nemeth can help. In the meanwhile, we present an overview of how the rights help you protect your interests while dealing with the IRS. Taxpayers’ Rights Taxpayers have certain rights

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A Brief Guide on How to Stop an IRS Levy

IRS Levy Help with The Law Offices of Nick Nemeth

An IRS levy is a tool used by the IRS to collect unpaid taxes from taxpayers by seizing their assets such as real estate, vehicles, bank account, and wages. It can be a distressful situation for taxpayers, but there are a few ways to stop an IRS levy and arrive at a settlement with the tax agency with the help of an IRS tax lawyer. In this post, we discuss how to stop an IRS levy early in the process, so that it does not impact your life. Read on. Written Communication One of the first remedial actions taxpayers can

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Wondering How to Pay Payroll Taxes to the IRS? Read This Now!

How to Pay Payroll Taxes to IRS with The Law Offices of Nick Nemeth

The IRS mandates every employer to timely report and deposit payroll taxes, providing an accurate record of the total income of employees and amounts withheld. Understanding all the steps involved in preparing and filing payroll tax returns helps employers avoid mistakes that can have serious repercussions, including heavy penalties. Continuing on the subject, in this blog post, we explain how to pay payroll taxes to the IRS. Take a look. Reporting Payroll Taxes Generally, the IRS requires employers to report wages and other forms of compensation paid to employees. Employers must file the relevant forms to report employment taxes. Along

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Reasonable Causes for the Abatement of IRS Penalties & Interests

Abatement of Penalties & Interest with The Law Offices of Nick Nemeth

The IRS tax penalty abatement is a provision that helps remove late payment penalties and interests imposed by the IRS on taxpayers for unpaid debts or not filing tax returns within the given timeline. If you too have unfiled or unpaid tax debts and a “reasonable cause” for the noncompliance, you can apply for penalty abatement relief, requesting the IRS to remove the penalties levied on your tax amount. The abatement, however, does not reduce the actual tax amount, it only removes the penalties or interest charged by the IRS. Continuing on the subject, this blog covers all you need

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