5 Tips to Follow when Requesting an IRS Offer in Compromise

Posted by The Law Offices of Nick Nemeth on March 11, 2019

IRS Offers in Compromise with The Law Offices of Nick Nemeth

Many taxpayers face certain situations or circumstances wherein they are unable to pay off their tax debts. In such cases, the IRS has a number of tax debt relief options. One such option is an Offer in Compromise (OIC), which is an agreement between a taxpayer and the IRS that allows the taxpayer to settle any tax liabilities for an amount lesser than the actual unpaid amount. If you owe a large sum of money to the IRS and do not have the means to pay the amount in full, you can always request an Offer in Compromise to settle

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Answering Frequently Asked Questions about Payroll Tax Problems

Posted by The Law Offices of Nick Nemeth on February 26, 2019

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

Every employer is required to timely report and pay payroll taxes, for which they must accurately record the total income of their employees and the amounts withheld. Although understanding all the steps involved in preparing and filing payroll tax returns is important in avoiding mistakes, it is equally important to resolve common questions related to payroll tax problems. Having said that, in this blog, we answer some frequently answered questions about payroll tax problems. Take a look. What are possible payroll tax problems? Employers, by law, are required to withhold three separate types of taxes from their employees. In case

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A “Reasonable Cause” for IRS Penalty Abatement: What Does it Mean?

Posted by The Law Offices of Nick Nemeth on February 22, 2019

IRS Penalty Abatement with The Law Offices of Nick Nemeth

Penalty abatement is a provision that allows taxpayers to remove penalties and interests imposed on them for unpaid taxes by the IRS. Taxpayers who have unfiled or unpaid tax debts and have a “reasonable cause” for the noncompliance, can apply for penalty abatement relief. It is, however, important to know that the abatement does not reduce the actual tax amount; it only removes the penalties or interest. Another aspect to remember is that there are a set of causes that are considered to be reasonable enough to waive off a penalty or interest. Continuing on the subject, in this blog

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

Posted by The Law Offices of Nick Nemeth on February 15, 2019

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

Posted by The Law Offices of Nick Nemeth on February 11, 2019

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

Posted by The Law Offices of Nick Nemeth on January 25, 2019

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!

Posted by The Law Offices of Nick Nemeth on January 21, 2019

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

Posted by The Law Offices of Nick Nemeth on January 2, 2019

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!

Posted by The Law Offices of Nick Nemeth on December 24, 2018

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!

Posted by The Law Offices of Nick Nemeth on December 17, 2018

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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Kristi Thompson

19:31 21 May 18

Making a call to Nick Nemeth was the best decision I ever made. After years of fighting the IRS myself and getting deeper and deeper into debt with interest adding up to more than I owed to start with I had to do something. Nick's office got the IRS to settle with me for 10% of what they said I owed. Although it took a little over a year it was worth it in the long run. Elizabeth is in my opinion one of the best employees that Nick has. She stayed in touch with me and explained everything every step of the way. I totally recommend them to help with IRS issues. Thank you again Kristi Thompson

Peter Demusz

11:38 29 Jun 18

Best choice possible. Great attorney. And the staff there are amazing. From the front desk to the back of the back office they are professional, knowledgeable, and compassionate.

Steve Foose

11:14 19 Jun 18

Sherry and I just wanted to say Thank You to everyone at the Law Offices of Nick Nemeth! From the very beginning the staff has always been very personable and of course professional. The payment terms up front were very helpful and the communication was always prompt. The most important item we want to make clear was the level of commitment and services provided on the firms part never dwindled from the beginning to the end, long, long after the payments were made by us. Also the prediction of the settlement was very close to what we were told from the very start. At one point the IRS claimed we owed almost $10,000,000 in taxes!!! Through the firms hard work and extensive experience our case has been settled and we will have paid $88,469 total. Thank you very much...Promises Made, Promises Kept, Steve and Sherry Foose May 29th, 2018

J Baker

03:11 08 Feb 18

We enjoyed working with Nick and his staff. They are very professional, courteous and timely. The main thing I appreciate about Nick is that he will tell you upfront whether or not he can help you. While our situation was unique to us--we were not able to get much relief from the IRS. However, Nick was able to help us manage our way through the extremely untimely, inefficient, and non-compassionate IRS. We are very thankful for Nick's help with this process. There is no way we would have been able to figure out the IRS process on our own. If you think you can do it on your own--good luck--but I would recommend giving Nick a call.

Jay Goodart

20:04 13 Jun 18

NIck and his team were very helpful in resolving an ongoing issue with the IRS. The team was great at keeping me current on all correspondence and brought a long outstanding issue to a quick and equitable close. Highly recommend them.