If you are interested in a tax settlement or if you have received a settlement offer from the IRS, now is the time to call Leading Tax Group. Our tax settlement professionals (whom include former IRS agents) are always ready to work with you and provide you with the information and representation you need.
800-900-4250Taxpayers can accumulate IRS back taxes due to different reasons which include unintentional mistakes and wrong interpretations of tax requirements. The main reason behind IRS back taxes emerges when individuals fail to file tax returns during the proper deadlines because of either ignorance or unintentional mistakes. Individuals who neither correctly determine their earnings nor disclose specific sources of income, which include freelance work rental earnings and investment dividends, end up paying less in taxes than they actually owe.
The Tax Agents of the Leading Tax Group are the ones who are proficient in handling such situations and protect the client from tax liens and hefty penalties. Depending on the circumstances, taxpayers may also explore IRS back tax relief options to address outstanding balances and related penalties. Taxpayers can face severe consequences if they leave IRS back taxes unaddressed. From wage garnishments to damage to credit scores, all can happen. If you need help with IRS back taxes, getting professional guidance can help you understand the available options for addressing outstanding tax liabilities and penalties.
Therefore, if you are the one who is facing an IRS back taxes issue, then you have nothing to worry about, as the track record of the former IRS attorneys at the Leading Tax Group is spectacular in solving critical cases, pursuing appropriate IRS back tax relief options, and providing capital protection to our clients. Taxpayers looking for an IRS back tax lawyer can also seek professional guidance to better understand their outstanding tax obligations and potential resolution options.
Contact UsA tax liability that exceeds the amount initially paid can occur through incorrect deduction or credit claims, whether the error is intentional or unintentional. Tax attorney help with back taxes can be valuable when taxpayers need assistance reviewing previous tax obligations, penalties, and available resolution options. Both incorrect tax return computations and a lack of proper tax update handling will make the situation worse. Tax attorney help with back taxes may be useful when taxpayers need assistance understanding past tax liabilities, penalties, and potential resolution options. Self-employed individuals who do not make estimated tax payments, together with individuals whose employers withhold inadequate taxes from their employment income, need the help of an expert to understand the tax mistakes they have made.
In California, whether you have a tax debt with CDTFA or a back tax issue with the IRS, it’s the responsibility of the great team we have at the Leading Tax Group’s office to take you through the entire process without you getting unnecessary stress. Taxpayers searching for an IRS back tax lawyer may also benefit from professional assistance when reviewing their outstanding tax obligations and determining an appropriate resolution strategy. We believe our biggest advantage of having former IRS tax auditors and attorneys provide us that edge in this department which you can take advantage of and come out from such overwhelming situation.
Headquartered in Encino, California with multiple local branch offices in your backyard to serve you at your convenience. Leading Tax Group can schedule a face to face consultation to represent your case with the IRS, FTB, EDD, as well as CDTFA Audits.
Unreported or underreported income, withholding the total amount of the annual income, or claiming some inaccurate deductions are all reasons for getting an IRS back tax notice.
No, the IRS doesn’t go that aggressive in the initial phase of the notice, but failure to make back tax payments after several notices can instigate the IRS to go for the tax lien route. Therefore, it’s better to address back taxes issues earlier.
IRS doesn’t directly report to the credit agencies, but a tax lien due to unpaid back tax notice can create damage to the credit score.
If you receive a back tax notice then it’s best to find out what mistake you have made in previous filing. If the amount is small, then it’s better to pay the unpaid due. Otherwise, it’s best to get professional and legal help.
Yes, the IRS has the authority to impose penalties and interest and take the necessary actions to recover the back taxes.