Category: Blog

4 IRS Tax Problems And Their Resolutions

We all want a worry-free tax filing and paying experience. And in truth, taxes are simple when you fulfill your taxpayer duties 100% perfectly, 100% of the time. The thing is that, for most of us, being perfect 24/7 is not reality. We are all prone to forgetfulness, procrastination and external circumstances getting in the way. That means that we are all at risk of running into one, or a few, IRS tax problems during our lifetime. Understanding what these problems are, why they arise, and how to resolve them is key for a stress-free tax experience! 4 Common IRS

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Tips To Handle an IRS Notice of Deficiency

IRS Notice of Deficiency Help

There’s nothing worse than opening your mail, only to encounter bad news. Even more so when that worrying news comes from the IRS. Receiving a Notice of Deficiency from the IRS is enough to get anyone’s stress levels through the roof! This is true, even when you don’t know what a “Notice of Deficiency” actually means. If you’ve recently received a Notice of Deficiency, finding out more about your IRS tax problems is a must to finding a solution. What is a Notice Of Deficiency? Basically, a notice of deficiency is the way the IRS gives you a heads up

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How to Request an Appeal with the IRS

IRS Tax Appeal Process

Are you looking to appeal an IRS decision on your personal tax situation? If that is the case, reaching out to the IRS’s office of appeals can be the way to go. The office works independently to review IRS tax disputes and resolve all taxpayer IRS tax problems as fairly as possible. In many cases, an appeal is the key to getting out of tax problems. However, to successfully appeal an IRS decision, you have to follow a specific process and preferably get help from a tax attorney that is experienced in the IRS tax appeals process. Any mistakes can

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Tips to Successfully Filing Unfiled Taxes

Tips to filing unfiled tax returns

There are a thousand excuses for not filing taxes: trying to avoid payment, financial hardship, lack of time, laziness or even forgetfulness. No matter how innocent your reason is, not filing your taxes is a serious offense to the IRS. In many cases, it results in important negative consequences. So, if you’re already late on your tax filing, is there something you can do? Taking the right actions in a timely fashion can help you rebuild your good reputation with the IRS! Here are the 4 Tips You Should Follow To File Your Unfiled Taxes: Gather all your information and

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Different Types Of IRS Tax Installment Agreements

Understanding an IRS Installment Agreement

Has your tax debt grown to the point of overwhelming you? If paying off your tax debt all at once is out of your reach, don’t panic. There are other alternatives to paying off your IRS taxes. By applying for an IRS tax installment agreement, you can actively reduce your debt and escape financial stress. The Law Offices of Nick Nemeth help taxpayers looking to get relief from tax debts through various IRS Tax Instalment Agreements. Here is a look at the different types of IRS Tax Instalment Agreements for which you can opt. What is an IRS tax installment

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Know When to Request an IRS Penalty Waiver

Reasonable Causes for FTA

So, the year came and went and filing and paying your taxes didn’t even cross your mind! Unfortunately, while you can easily forget about your taxing duties, the IRS won’t. Now, you’ve found yourself served with a penalty, thinking there’s no way out. Or is there? Unlike what many people think, the IRS isn’t an arbitrary tyrant, deaf to all reason. In fact, they’re quite open to hearing out your case and reconsidering their original penalty ruling. Can you get a penalty waiver and be on the clear once again? It depends. If you have a “reasonable cause” for failing

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Requesting a Waiver of IRS Tax Penalties and Interest

IRS Tax Penalties

The IRS is always on the lookout for defaulters and has the right to take action against them as per the law. When a taxpayer is unable to pay what they owe, the obligation doesn’t cease to exist; it rather continues to accumulates interest and even penalties. Though the IRS continually tries to recover outstanding tax debt, it may agree to cut down or waive tax penalties and interest if a taxpayer is able to provide a satisfactory reason for their non-compliance. Read on to learn more about requesting a waiver of IRS tax penalties and interest. Penalties Eligible for

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IRS Tax Code 101: What is a Tax Crime?

how to pay payroll taxes

No one enjoys paying taxes. In fact, most people cringe at the idea of having to hand over a significant chunk of their earnings to the IRS. But all personal preferences aside, paying taxes is an absolute necessity for law-abiding citizens. Many people, however, try to cut corners and save some money by exercising questionable practices. From IRS payroll tax payment transgressions to concealing foreign assets, people are getting more creative by the day. But, do you know how these practices impact your legal standing? Are you guilty of committing a tax crime, or have you simply committed an innocent

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How to Stay Out of Jail When You Owe Back Taxes

Owe back taxes help

Not paying your taxes is an easy mistake to make. Ignorance or forgetfulness are the common culprits. The more you put off your IRS debt responsibilities, the worse the problem can get. No matter how innocent the reason for neglecting your IRS tax debt is, the consequences can be serious. In fact, in some cases, back taxes could even land you in jail! While seeking professional help is the best approach when you owe back taxes, you too must be aware of the basics. That is precisely what we cover in this blog post. Let’s start with some basics. Can

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Asset Seizure: What Can The IRS Take?

IRS Tax Issues

IRS tax issues are capable of spiraling out of control really fast. Having an experienced lawyer on your side helps to solve these problems and bring peace of mind. The Law Offices of Nick Nemeth, IRS Tax Attorney in Dallas, focuses solely on helping our clients and providing them with the best solution for their problem. Our team of tax resolution attorneys are passionate when it comes to fighting for our clients. Negotiating with the Internal Revenue Service may be intimidating to deal with on your own and we are here to help. Scope of IRS: Assets and Possessions Federal

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