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TAX PROBLEM RESOLUTIONYou must read this if you owe taxes to the IRS or the State. If you owe $10,000.00 or more of income taxes, payroll taxes, sales taxes, use taxes, individual taxes, corporate taxes, trust fund penalties, penalties or interest YOU MUST READ THIS NOW. If you have not filed your tax returns last year or for many years, PLEASE READ THIS for you own sake. If you fall in to any of the above categories, you need to know that the "kinder, gentler IRS" has disappeared, if it ever existed. In the beginning of 2000, the IRS tried to change its image and convince the American people that it would work with you. Now, service and ENFORCEMENT, with a great emphasis on ENFORCEMENT, is the IRS' motto. Statistics show that in 2002 the IRS served 1.2 million Notices of Levy upon third employers, banks and other third parties to collect money you owe the IRS. In 2005, there were over 2.7 million such Notices of Levy. It is anticipated that 2007 will bring over 3 million Notices of Levy. In 2002 there were only 296 seizures (taking) of property. In 2005, that number went up to 512. Make no mistake about it; the IRS is ramping up for the biggest ENFORCEMENT EFFORT the United States has seen in years. Increased ENFORCEMENT, will come in the form of a Collection Letter, a Federal Tax Lien, Wage Garnishment, Wage Levy, Bank Levy, a telephone call, a personal visit from the Tax Collector, Seizure of a home, car, boat, motorcycle, bank account, retirement account, social security income, social security disability, social security benefit, insurance policy, real estate, collectable, jewelry and any other conceivable piece of personal property with value. There are ways to battle enforcement such as Offers in Compromise, Penalty Abatement, Installment Payment Plans, Collection Due Process Hearings, Tax Court Appeals, Invoke the Collection Statute of Limitations, Bankruptcy, or declaration of your Uncollectible Status. Call me today for a free 30 minute telephone or office interview (732) 240-4055. And the thing about ENFORCEMENT is that the IRS just wants the money you owe. You have stiffed the most powerful, unforgiving collection agency in the world and they will do whatever they can to collect it - and collect it they will, even after death in some cases.. The point is that the IRS is not subject to the same legal requirements as other collection agencies. For example, if you owe a credit card company $25,000.00, the company would first have to file a lawsuit in court and prove that you owe the money. This process will take longer than 90 days, or more, if you contest the amount due and demand a trial. Then, it could take over a year for the credit card company to get a judgment against you, assuming they can prove their case. Then the credit card company has to find your assets, freeze them and go back to court to get an order to turn over the funds. All of this takes many months and sometimes years. Not so with the IRS. You see, if you have filed a tax return in the past, the IRS has a lot of information about you already. They know where you work, where you bank, and what assets you own. Once a tax is assessed against you, they know exactly where to go to get paid. They do not have to first file suit, get a judgment and freeze and account. They simply pick out what asset they want, and take it. And you cannot stop them without the help of someone who knows how they operate and what to do to stop them. The IRS will use its awesome ENFORCEMENT power regardless of who you are and what problem you may have. The IRS does not care if you cannot pay your taxes due to a lay-off, large family expenses, divorce, death, incapacitation, business downturn, dishonest employee, dead beat customers or any other possible problem that led to your non payment of taxes or failure to file returns. They want your money and will do whatever necessary to get it. And they will get whatever you have unless you have someone who knows how they operate and what to do to stop them. ENFORCEMENT usually begins with a simple letter informing you of what you owe and requesting you to kindly remit the amount due by a certain date, regardless of the amount. Whether its $10,000.00 or $1,000,000.00, the letter simply requests payment as if you could simply open your check book and write them out a check. If you do not make payment, you will receive another letter every 5 (five) weeks that will get progressively more threatening. Then you will be served with a Final Notice of Intent to Levy. If you have received one of these, you better start worrying. A Federal Tax Lien has probably already been filed and you are next in line for a wage levy, wage garnishment, bank account levy or other immediate seizure of your property. Call me today for a free 30 minute telephone or office interview (732) 240-4055. ENFORCEMENT WILL NEVER END UNTIL THE IRS IS SATISFIED. As you already know, this means many sleepless nights, paranoia, embarrassment, caller ID, bad credit, sickness to your stomach, fearfulness, cash only basis and living as a second class citizen. You can end this vicious cycle now by retaining someone who knows how the IRS works and what to do to stop them. My name is David A. Semanchik. I am an attorney at law licensed in the State of New Jersey and as such, authorized to represent taxpayers before the IRS. I have helped many people resolve problems where they owe $10,000.00 or more of income taxes, payroll taxes, sales taxes, use taxes, individual taxes, corporate taxes, trust fund penalties, penalties or interest. My staff and I have resolved tax problems by using different tools including Offers in Compromise, Penalty Abatement, Installment Payment Plans, Collection Due Process Hearings, Tax Court Appeals, Invoke that Collection Statute of Limitations, Bankruptcy or declaration of your Uncollectible Status. Other remedies are available but you have to act now so that I can help you.. If the IRS is about to seize your property by bank levy, wage garnishment, wage levy or any other form of collection, you need to call me today for a free 30 minute telephone or office interview. There are methods to prevent collection if you act now. The filing of an Offer in Compromise, the timely filing of a Request for Due Process Hearing and the filing of Bankruptcy will stop collection in its tracks. Other remedies are available but you have to act now so that I can help you.
What this means to you is that your tax problems will finally be resolved forever. How long have you been living with these problems? How bad has your health suffered? Can you imagine how well the quality of your life will improve once this rope around your neck is cut loose? You will finally be able to live a normal live without constantly looking over your shoulder. I personally promise that I will resolve you tax problem one way or another. I promise to determine the best way to do so. I promise to negotiate the lowest payment to resolve your tax liability. I promise that you will only pay one fee to me and I will not ask you for any other fee. I promise that if you are not satisfied with my work or that I have not worked hard enough to resolve your problem, I will refund what you paid me. Please note that the IRS is the ultimate decision maker in accepting an offer to resolve your tax problem. This means that although I will resolve your problem by following the law, I cannot tell you exactly what the outcome will be nor that you will like what the IRS will decide. The bottom line is that you will finally be finished dealing with the IRS forever and you will be able to once again live a normal life. FEDERAL TAX LIEN: document filed in your county recording clerk's office evidencing the taxes that the IRS says you owe. The document constitutes a lien on your property until it is released after you either pay the tax or resolve it in some way satisfactory to the IRS. The means that once the lien is filed, you will never be able to sell your home without full paying the tax together with penalty and interest unless you settle the amount due in some way. The lien with also prevent you from refinancing your home without full paying the tax, penalty and interest and will adversely effect your credit rating. WAGE LEVY OR GARNISHMENT: after the filing of a Federal Tax Lien, the IRS may choose to send this document to your employer or anyone else that owes you money. This document requires your employer to pay over large portion of your paycheck to the IRS forever until the tax liability is paid off. BANK LEVY: after the filing of a Federal Tax Lien, the IRS may choose to send this document to your bank. It requires the bank to immediately pay to the IRS whatever is in your account to the extent necessary to payoff the tax liability. The levy rarely pays off the tax liability but simply empties your account leaving you nothing to live on and bounces all the checks you have written against the amount that was in the account. SEIZURE: process through which the IRS selects some personal property you own and takes it to satisfy the tax liability. The IRS has been known to seize or levy against your social security benefits, retirement benefits, automobiles, bank accounts, real estate, business assets, stocks and bonds and even cattle. PENALTY ABATEMENT: a request made to the IRS for it to reduce or eliminate the penalty assessed against you for your failure to file tax returns or pay taxes. If you can show a reasonable cause for you failure to do so, while exercising ordinary business care and judgment, the IRS may eliminate part or all of the penalties assessed. Reasonable cause includes but is not limited to sickness, reliance on professional advice, business downturn, divorce, etc. However, only interest on the penalty may be abated, not interest on the tax. INSTALLMENT PAYMENT PLAN: a plan through which the IRS accepts payment of the outstanding tax liability over a period of time. The terms of the payment plan depend upon the amount of taxes owed, your income and your "allowable expenses". Interest on the tax owed continues to accrue during the term of payment. OFFER IN COMPROMISE: a settlement of the total tax liability. The settlement may be based on a doubt as to whether you actually owe the amount of tax due, doubt as to whether the tax is collectable based on your financial status or whether even though you owe the tax and have the ability to pay it, there is some extraordinary reason the IRS should not collect the total amount of tax due. Doubt as to collectability Offers are the most common and are calculated based on your savings and other liquid assets, your income and allowable living expenses. COLLECTION STATUTE OF LIMITATIONS: the IRS has 10 (ten) years from the date that the tax was assessed against you to collect the tax. If they fail to collect it within this time, the tax is extinguished and the IRS must release any lien it has upon your property. However, several events stop the statute from running which in effect adds time to the statute. A careful review of your tax transcript will allow the determination of whether the statute has expired. BANKRUPTCY: under some circumstances, taxes may be discharged in bankruptcy or paid through a bankruptcy plan. UNCOLLECTABLE STATUS: under some circumstances, the IRS will agree to forego collection since it is obvious that you cannot pay the tax though the tax is still owed. This status can change if you economic condition improves. Call me today for a free 30 minute telephone or office interview (732) 240-4055. |
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