Author: The Law Offices of Nick Nemeth

Common Payroll Tax Problems and Their Solutions

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IRS Payroll Tax Problems with The Law Offices of Nick Nemeth

Every business, no matter how big or small, is required to withhold a certain part of its employees’ wages  to pay applicable federal, state and local taxes on their behalf. If a business fails to pay payroll taxes in time, the IRS has the right to impose interest and penalties and the federal body has been quite aggressive in its recent payroll tax collection practices, with even the slightest anomalies in payroll tax payments coming under its lens. If you are facing any payroll tax problems, speak with the tax attorneys at the Law Offices of Nick Nemeth. Continuing on

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Understanding the Nitty-Gritty of a Federal Tax Lien

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IRS Tax Lien Assistance with The Law Offices of Nick Nemeth

A tax Lien is the last thing a taxpayer wants to receive from the IRS. When a taxpayer neglects or fails to pay their tax liabilities in time, the IRS files a public document – the Notice of Federal Tax Lien.  This document alerts the defaulter that the IRS has the legal right to claim their property or assets such as real estate, bank accounts, and vehicles. This is the first major step the IRS takes against a tax defaulter. A tax lien may limit a taxpayer’s ability to get credit in future. If you also have received a notice

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Want to Settle Your IRS Tax Debt? An Offer in Compromise Can be a Way Out

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IRS Offers in Compromise with The Law Offices of Nick Nemeth

If financial constraints have been preventing you from settling your tax liabilities, an Offer in Compromise can be a way out of the problem. An Offer in Compromise is an agreement between a taxpayer and the IRS, allowing for a settlement of debt for an amount less than the actual debt. If a taxpayer is financially capable of paying their debt in full, they are not eligible to file an OIC. It is also important to know that there is no legal right to get a waiver on your tax liabilities, and that it is at the sole discretion of

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IRS Tax Problems a Debt Attorney Can Help You With

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IRS tax problems help with The Law Offices of Nick Nemeth

A taxpayer’s worst nightmare is being at the receiving end of the IRS. Although one can take the DIY route to overcome IRS tax problems, it is always advisable to have an experienced tax attorney by your side, who can help navigate the complexities involved in the process. If you are facing an IRS tax problem 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 nine tax problems that a tax debt attorney can help you with. Take a look. 1. IRS Tax

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Understanding How to Stop an IRS Tax Levy

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IRS Levy Help with The Law Offices of Nick Nemeth

A failure to pay your tax debt can lead to an IRS levy, where the IRS may seize your assets to recover the outstanding taxes. A tax levy can be stressful, but you get ample time to address the issue. The IRS sends a number of notices and demands before actually seizing your assets. That’s when you need an the expertise of the IRS tax attorneys at the Law Offices of Nick Nemeth. Continuing on the subject, in this blog post, we present an overview the procedure to stop an IRS levy. Read on. How a Levy is Issued In

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How to Get Assistance Regarding a Tax Lien

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Tax Lien Assistance with The Law Offices of Nick Nemeth

Receiving an IRS notice stating that a tax lien is issued against your property or other assets is always a nightmare. In the case of a tax lien, the IRS take temporary ownership of your assets until you pay your tax debts in full or seek a relief option. If you are wondering how to get assistance regarding a tax lien, the Law Offices of Nick Nemeth has got you covered. Although the IRS has a number of internal organizations to help with various tax issues, our IRS tax attorneys provide comprehensive assistance to resolve tax issues. Continuing the discussion,

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Busting 5 Common Myths about IRS Innocent Spouse Tax Relief

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IRS Innocent Spouse Tax Relief with The Law Offices of Nick Nemeth

Many married taxpayers file a joint tax return to qualify for the tax benefits it entails. In cases, wherein one of the spouses improperly reports or omits an item, the other spouse doesn’t have to suffer the consequences. In such cases, the innocent spouse can seek IRS innocent spouse relief by filling out Form 8857. Although innocent spouse tax relief has many benefits, there are many misconceptions associated with it. If you are planning to file innocent spouse tax relief but need a better understanding, speak with the IRS attorneys at the Law Offices of Nick Nemeth. Continuing the discussion,

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Answering 5 FAQs About Filing Unfiled Tax Returns

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Unfiled Tax Returns with The Law Offices of Nick Nemeth

If you have unfiled tax returns, you may have many questions on your mind, especially if this  has happened for the first time. Questions such as, how the IRS contacts taxpayers, what are the consequences of not filing tax returns, and what is substitute for return program. These are all common questions among taxpayers who have not filed their tax returns. While the Law Offices of Nick Nemeth can help you with unfiled tax returns and scores of other IRS-tax debt related issues, it is important for every taxpayer to have a fair knowledge about common tax problems such as

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Settling Unfiled Tax Returns with the IRS

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Filing Unfiled Tax Returns with The Law Offices of Nick Nemeth

If you have unfiled tax returns it is best to file your taxes as soon as possible.  Should you owe back taxes to the IRS it is best to consult with an IRS debt attorney.  If you are unable to prove to the IRS that the non-payment was unintentional, it can lead to a number of consequences. The IRS has the right to seize your assets and garnish your wages to recover the unpaid amount. If you want to file and settle unfiled tax returns with the IRS, consult an experienced IRS tax debt attorney at the Law Offices of

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4 Types of IRS Tax Installment Agreements That Taxpayers Can Use

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IRS Tax Installment Agreement with The Law Offices of Nick Nemeth

The Internal Revenue Service (IRS) has in place various installment agreements to help taxpayers pay off their tax debts with ease. These staggered payment methods are an alternative sanctioned by the IRS in the interest of taxpayers who find that paying their entire tax debt all at the same time is not possible. The IRS wants the money it owes from taxpayers, and so these installment agreements are designed to make tax payments trouble-free for taxpayers. Let’s now learn about the four common types of installment agreements available with the agency. 1. Guaranteed Installment Agreement Taxpayers who want to avail

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