What is an IRS Tax Lien?
An IRS tax lien is a legal claim or “hold” on either your real estate or personal property that is used against any unpaid back taxes that you owe to the IRS. It can prevent owners from selling their property, and can even be used to foreclose on any property on which there are unpaid taxes. In the latter instant, the property then becomes property of the government to do with as they please.
To learn more about how unpaid taxes can affect you, click the link to watch the video below.
An IRS tax lien can affect you in many ways, all of which come with hefty consequences, such as:
• A lien can be attached to your future assets
• A lien will affect your credit score, limiting or eliminating your chances at future credit
• If you file for bankruptcy, your tax debt and IRS lien may continue to follow you even afterwards
The best way to resolve an IRS tax lien is to pay your taxes on time. However, if you are unable to pay your taxes in full by the time they are due, it is critical that you do not ignore the IRS, but try to work something out with them. An experienced tax attorney can not only help you set up a payment plan, but they can help you negotiate with the IRS, and choose the best route for you to take to clearing your debt.
If you owe back taxes or you have an IRS tax lien on your property, contact an experienced tax attorney today.
Ebbinghouse Law Group, LLC
320 N. Meridian Street
Suite 908
Indianapolis, IN 46204
317-635-4010
https://www.thetaxsolvers.com
Tax Audits Can Be Scary
Tax audits can be an extremely nerve-wracking ordeal. Fortunately for you, however, you may not have to go through one alone, or, if you are represented by legal counsel, you may not have to go at all. An attorney can not only help you keep yourself out of hot water with the IRS, but they can also attend the audit in your place, so that you don’t have to go through that stressful experience at all.
To learn more about why having legal counsel during your audit may be in your best interest, click the link to watch the video below.
Unless you receive a personal summons from the IRS, if you have legal representation, you do not have to attend your audit. This may work out to your advantage because it keeps you from volunteering any information about yourself that may hurt you.
IRS tax auditors are trained in legal jargon, while you are not. They take everything you say very literally, and if you make one slip about your estimated earnings or anything of the sort, you could be accused of lying or skewing the facts, both of which has severe consequences.
To avoid trouble with the IRS during your audit, contact an experienced tax attorney today! We can help!
Ebbinghouse Law Group, LLC
320 N. Meridian Street
Suite 908
Indianapolis, IN 46204
317-635-4010
https://www.thetaxsolvers.com
Defending Your Case to the IRS
As seasoned tax attorneys, one question that we hear often is, “Why do I have to provide the IRS with all this paperwork?” When it comes to dealing with the IRS, documentation is essential. This is because the burden of proof is on you, which means that you alone are responsible for providing documentation to support your claim and prove that you are entitled to whatever it is you are asking for.
To learn more about why proper documentation is critical to your case, click the link to watch the video below.
Since documentation is essential to your case, it is important to understand exactly what the IRS is looking for. Below is a list of documents that you need to keep an accurate record of throughout the tax year.
• List of assets
• Bank statements
• Business, travel and entertainment expenses
• Receipts for business meals and gifts
• Salaries or wages paid
• Employment taxes paid
• Proof of income
• Personal expenses
• Mortgage, utility and other living expenses
If you are missing certain records, there is no need to worry just yet. Sometimes, the IRS allows estimates and reconstructions to be used, so long as they’re accurate. A tax attorney can help you through the process as well, by defending your case or even, in the best of circumstances, preventing tax problems in the future. A tax attorney can help you maintain all of the necessary documentation and even ensure that there are copies. Without adequate documentation, the IRS will win.
Be sure that you arm yourself with the best possible defense—sound documentation and an experienced tax attorney! Call us today.
Ebbinghouse Law Group, LLC
320 N. Meridian Street
Suite 908
Indianapolis, IN 46204
317-635-4010
https://www.thetaxsolvers.com
Are All Tax Relief Services the Same?
Though many people believe that all tax relief services are essentially the same thing, the truth is there are a wide variety of tax services available. Choosing the best tax relief service for your situation depends on your wants and needs, and how much you value the knowledge and advice of an experienced attorney. The various types of tax relief services can be categorized into three levels.
To learn more about the three different levels, click the link to watch the video below.
Level one is like your local fast food joint. It offers limited choices, from a set menu, and the staff is often inexperienced. Their main goal is to get you in-and-out as quickly as possible, while offering the bare minimum of customer service.
Level two is comparable to Chili’s or Applebee’s. You will receive good service from an experienced staff, and have a wider selection of good, familiar food to choose from.
However, level three is like a Morton’s Steakhouse, or Ruth Chris’s. You may have to go farther to find one, and it may be more costly, but the service is excellent, and the food is unparalleled. Level three tax relief services have highly trained and skilled tax attorneys to meet with you one-on-one to discuss your unique situation and to provide an individualized plan that will best resolve your tax problems.
Which tax relief service you choose all depends on what’s important to you and what your needs are. If you want the cheapest service, with little to no personal attention, level one may be right for you. If you would like some one-on-one attention, with a few basic questions answered, level two will work for you. However, if you would like undivided attention until all of your tax problems are resolved, and an individualized plan to go along, then you want a level three tax attorney. And that’s what we provide.
Here at Ebbinghouse Law Group, our highly qualified tax attorneys can and want to help you with all of your tax relief needs!
Ebbinghouse Law Group, LLC
320 N. Meridian Street
Suite 908
Indianapolis, IN 46204
317-635-4010
https://www.thetaxsolvers.com
How Long Does It Take to Resolve an IRS Tax Audit?
Were you unable to pay your taxes this past year and you are now in an ongoing legal battle with the IRS? Don’t worry, you’re not alone. Millions of Americans find themselves in this predicament each year, and unfortunately, the process is never quick or easy. At Ebbinghouse Law Group, we will do the best that we can to ensure that your battle is not only manageable, but is as swift and stress-free as possible.
Watch the video below to learn how we can help you.
In order to better serve you, we perform a thorough investigation into your IRS history. We want to know when you filed your return, when it was received, and if the IRS has been trying to get in contact with you. All of these details help us to better determine the kind of trouble you are in, and, therefore, better estimate how long it will take to resolve your case. Your tax problems may not be resolved overnight, but at Ebbinghouse Law Group, we’d sure like to try!
Ebbinghouse Law Group, LLC
320 N. Meridian Street
Suite 908
Indianapolis, IN 46204
317-635-4010
https://www.thetaxsolvers.com
I Can’t Pay My Taxes…Am I Going to Jail?
While not paying your taxes is a serious offense in the eyes of the IRS, not filing a return is a criminal offense, one that can result in jail time, penalties and interest of up to 70 percent, and the seizure of your accounts. Despite today’s economic environment and the financial challenges that many face, you are still required to file a tax return every year even if you cannot pay your taxes at the time- it’s the law! Don’t let financial hardships hinder you even further; instead, contact a tax attorney right away to see what we can do for you.
To see if you qualify for a tax attorney today, watch the video below.
If you find yourself in a financial situation in which you are unable to pay your taxes, don’t worry, you aren’t the only one. Don’t make the same mistake as countless others, however. File a return, start saving, and get yourself a good tax attorney. Call Ebbinghouse Law Group today, we want to help!
Ebbinghouse Law Group, LLC
320 N. Meridian Street
Suite 908
Indianapolis, IN 46204
317-635-4010
https://www.thetaxsolvers.com
Small Business is Different than Fortune 500
When you first start your small business, you may have done everything yourself. It was a lot of work, but you were sure that things got done. Then you started to get really busy and you began to delegate to others. You double checked their work and it was fine. So then you started to assume that all was well. Maybe that is where you are now.
Because we help small businesses and their owners, we understand the problems that you face. And that is why the Ebbinghouse Law Group wants to remind you that just because your partner was supposed to take care of the taxes or you hired someone to take care of the taxes for you does not matter to the IRS. You are still liable and you can take the fall for other's mistakes.
You do not want to be reacting to the IRS. Be proactive. Take the time to double check what is going on in your business. Dig deep. And if you find that you might have a tax challenge, be proactive and get representation now before your tax problem grows. It only gets worse over time. Your tax challenges do not have to end up on the front page of the newspaper.
Carmel Business Owner Arrested for Tax Evasion
"I didn't know what was going on," Vasquez said. "I trusted him (Strong) to run the tow-truck business, and he took advantage of me. He wasn't paying our taxes, and now we have all these tax warrants. I'm working around the clock to keep my head above water." This is what a Carmel Indiana Business owner was quoted as saying in the Indianapolis Star. Unfortunately, relying upon your business partner to take care of the business taxes does not let you off of the hook. "They're both listed as owners, that's why he was arrested,” [Sergeant] Meyer said. "He seems like a good guy, for the most part. But as part owner, he should have known what was happening." This is also the attitude of the IRS.