How to hire a Tax attorney

Hiring a tax relief attorney is a smart move if you’re facing a large tax debt, an audit, or a criminal investigation. Retaining representation is part of the IRS taxpayer bill of rights. (Source) Tax law is complicated and the rules (and loopholes) are constantly changing. It takes a lawyer with special training and experience […]

Optima Tax Relief: An In-Depth Review

Optima Tax Relief is a tax resolution firm based in Santa Ana, California that offers tax relief services nationwide. This review provides an in-depth look at the pros and cons of hiring Optima Tax to represent you. Every year, millions of taxpayers slip into overwhelming debt with the IRS. According to the latest estimate, tax debt […]

What is Fresh Start Initiative

Earlier this year, the Internal Revenue Service (IRS) rolled out its Fresh Start Initiative, aimed at helping struggling taxpayers. The initiative allows qualified taxpayers to avoid the IRS Failure to File penalty. This penalty is usually placed on unpaid tax balances, with accrued interest. Qualified individuals can request a six-month payment extension in which no […]

If you have tax debt and you need relief, you need to know your resolution options.  If you have trouble paying your tax bill, be sure to stay in contact with the IRS.  Avoiding them could make your situation worse.  Also, file your return on time even if you can’t pay the taxes due. According […]

Did you know that the Internal Revenue Service (IRS) may charge taxpayers with any one of over one-hundred and forty tax penalties? However, some of the more common penalties that you might face include: Failure to file taxes Late payment of taxes Underpaying estimated taxes Substantial understatement of taxes Negligence or intentional disregard for paying taxes […]

When Benjamin Franklin made his famous quote in a letter to a friend, “In this world nothing can be said to be certain, except death and taxes,” he probably never envisioned our modern income tax system. In fact, the American Revolution could be described as a struggle against being taxed by a detached monarch and his […]

Understanding Tax Lien Mumbo Jumbo

You owe back taxes. However, you find you are in a tough situation because you cannot afford to pay. If you have valuable real or personal property – say, a home, a car, or a boat – the government might impose a tax lien to collect the debt. That means if you are unable to pay the […]