Stockton

Are You One of Thousands with Tax Problems in Stockton? Call National Tax Attorney

Owing the IRS is no laughing matter and if left unresolved can cause you to lose your car, your house, wages, inheritances, and investments such as stocks and bonds. Whether you owe taxes because you failed to file a return, have been audited or owe back taxes and you live in the Stockton area help is just a phone call away. National Tax Attorney has the professionals you need to negotiate with the IRS to find a solution to your tax problem.

The adage "An ounce of protection is worth a pound of cure" certainly applies when it comes to dealing with taxes. At National Tax Attorney, we know life happens. Maybe you are like others in the Stockton area who has lost your job or have medical bills that have left you unable to pay your tax in full. Maybe you are divorced and the tax debt isn't yours to pay. Our staff specializes in tax problems. We will help you find a solution that is right for you and negotiate with the IRS to get you back on track. Tax debt situations can be complicated and time consuming to resolve. Additionally, tax laws are constantly changing and can be confusing. At National Tax Attorney we have the innovation and expertise to find a resolution no matter how complicated your situation may be and getting us on your team couldn't be easier - just call us or contact us through our website. A consultation with our well-educated attorneys will give you a better understanding of the collection process and more control over the solution to your tax debt situation. You will be involved throughout the process so that as you gain control over your current situation, you will be more capable of preventing or resolving a similar situation should you have to face it again. Our experienced staff will not just help you solve your tax debt issues, but also stand with you as an ally while you are dealing with state and government tax agencies.

Who is National Tax Attorney?
National Tax Attorney is a group of licensed, professional tax attorneys, who have years of experience in negotiating with state and federal tax entities on behalf of their clients. Our staff is composed of CPAs (certified public accountants) and EAs (Enrolled Agents). You might wonder what an EA is? An EA "has earned the privilege of representing taxpayers before the Internal Revenue Service by either passing a three-part comprehensive IRS test covering individual and business tax returns or through experience as a former IRS employee"1 We specialize in tax law and tax negotiations so that we can best help our clients with whatever their tax needs may be and whichever taxing agency is involved.

What Sort of Issues Do We Handle?
We specialize in any number of issues resulting from tax debt, such as tax liens against personal property and real estate, bank levies freezing financial assets, and wage levies (garnishments) among other things.

Wage Garnishments

Wage garnishments or wage levies allow the IRS or other creditors to collect past due or defaulted on debts. It requires an employer to withhold a certain sum of money from each paycheck that is then paid directly to the creditor. When an employer is issued an order of garnishment, they are legally bound to withhold those funds or risk civil lawsuits. Usually a creditor is limited as to how much of your wages they may take by Federal law and a court ordered judgement against the debtor must be obtained prior to issuing the order of garnishment. However, that is not so when the debt is owed to the IRS, no judgment is required prior to the garnishment and rather than being limited to how much they make take from your wages, the Tax code dictates how much of your wages the IRS is required to leave. This means the IRS will take as much as it can and leave you with an amount that the tax code says it has to. To figure this amount, the IRS uses a table which is based on your income and number of dependents you claim. Typically, the IRS takes an amount that is 25% or more of your income and in some cases up to an amount that is equal to 70% of your salary 2!

However, before the IRS garnishes your wages, they typically send a couple notices of Demand for Payment for the amount owed. Intervention at this point would be best if that option exists. However, if you are beyond that point, the IRS will next send a Final Notice of Intent to Levy (your wages or bank account) along with a Notice of Your Right to a Hearing. These two final notices will be sent 30 days prior to sending an order of garnishment to your employer. If you have received these notices it's urgent you act immediately as once the garnishment is in place (in 30 days) there are only a few instances where the IRS will release the garnishment before the full amount of tax, penalty and interest has been paid in full. Can you make it on 30% of your income for as long as it takes to pay off your back taxes?

Whether you have been served notice of intent to levy your wages or your wages are already being garnished, National Tax Attorney can help. We will work with you to determine the solution that best suit your financial situation and negotiate with the IRS on your behalf.

Bank Levies
Another method the IRS utilizes to recover back taxes is a bank levy. A bank levy freezes your financial accounts in order to recover unpaid taxes, interest and penalties. As with a wage garnishment, it is best for you to contact a professional when you receive the notice to levy and prior to the enforcement of the order. However, if you are beyond that point, you still have time to act. Once a bank is served with a notice it is required to hold the money for 21 days before turning it over to the IRS. With so many employers now requiring direct deposit, not having access to your bank account can be devastating. Imagine the consequences of not being able to pay your bills, how would you meet your everyday needs such as rent or mortgage, food, education costs, phone bills, utility bills, credit card payments, etc without access to your money?

Again, if you find yourself in this unfortunate circumstance, your best bet is to hire a professional. As part of your team, the staff of National tax attorney will appeal to the state and negotiate with the IRS on your behalf to get a release of the bank levy and set up the option of tax payment installments. The staff will file all the required forms that will get you the access you need to meet your day to day needs while paying off your debt to the IRS.

The attorneys at National Tax Attorney will stand with you. Whether you want help doing your tax return to avoid tax issues or need help because you are in default, we have the staff that can meet those needs. Call today and let us show you what we can do!

 

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