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Tax Problems We Solve

Facing Tax Problems?
7 Ways that Unfilled Tax Returns Can Haunt You!

If you’re facing tax problems, you know how hard, and stressful, they can be. When you deal with the IRS, the FTB (Franchise Tax Board), the BOE (Board of Equalization), or the Employment Development Department, you’re up against an opponent that has massive resources and no mercy.

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Some people think they can’t win and simply give up, hoping their tax problems will just go away, but by doing that, tax agencies can add penalties and interest on a daily basis. Once the collection process starts, it’s a process that can literally seep into every aspect of your life and work. An IRS tax lien can also be a black mark on your credit report, making it virtually impossible to secure a loan. Our team of financial advisors can provide you with the knowledge and support to help you overcome these obstacles.

 

Consequences or Implications

The collection process starts by sending a letter demanding payment and assessing additional penalties and interest. Normally after multiple letters and taxpayer inaction, harsh collection tactics begin.

 

Below are a few of the methods that may be used by the taxing authorities to collect unpaid taxes.

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  • Tax Lien: A tax lien is the government’s claim on the taxpayer’s property. The existence of the lien ensures that they get first rights to your property over other creditors.

  • Wage Garnishment: The taxing authority will contact your employer and demand they withhold a certain percentage of your pay to cover unpaid taxes.

  • Bank Levy: The tax authorities will contact your bank and demand a hold be put on the funds that are in the account and then seize the funds to cover the unpaid tax liability.

  • Property Seizure: The tax authorities may seize assets such as your car, boat, house or other asset of value that can be sold to cover the unpaid tax liability.

  • Jail time: Incarceration is possible but very unlikely. Depending on the circumstances, taxing authorities can have a taxpayer arrested and put in jail.

  • Revocation or Denial of Passport

  • IRS Will File a Substitute  Return (SFR)


While tax problems are serious, they’re not insurmountable. By contacting our team of tax advisors today, you’ll gain a valuable and experienced ally that can help get your life back on track.

Solutions For Your Tax Problem By Us

Tax Audits

The mere thought of an IRS tax audit causes fear and anxiety in the minds of most American taxpayers.  You do not have to fear a  tax audit when you are well prepared. But it is to your advantage to meet with us to discuss your records and circumstances.

Unfilled Tax Returns

Every day the massive computer center at the IRS is getting more sophisticated, it's just a matter of time before they catch up with you. Let us give you the peace of mind you deserve by helping you get in compliance with the law.

Stop Wage Garnishment

The IRS can place a Wage Garnishment on your wage when you have liabilities. The IRS can force your employer to hold back your weekly wage to pay off your debt. Having your wage garnished can be a difficult and embarrassing experience.

IRS

No matter your path in life, one thing is common, it will involve money. Getting the most out of your income and finances is what sets us apart. Whether you need tax preparation services, advice on tax advantaged ways to save for your children's education, or more complex issues, thoughtful planning from a trusted partner is a must.

Let’s Work Together

Get in touch so we can start working together.

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Choosing Wealth Management for your business or individual financial needs is an important decision. You need a firm with a knowledgeable staff, wide-ranging experience, a commitment to integrity, and a full complement of services.

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FREE CONSULTATION

Request a free consultation through our website. Just fill out our form with your information and we'll contact you with ways to help secure your finances, save money on taxes, help with your business and more.

This website is owned by a private company that offers business advice, information, and other services related to the formation, financing, operation, and management of businesses. All users should perform their own due diligence and research. This website is not a lender and does not broker loans, make loans, or make any credit decisions. We have no affiliation with any government agency. Nothing on this website is an offer or a solicitation for a loan. This website is not an agent, representative, or broker of any lender and does not endorse or charge you for any service or product. None of the information on this site constitutes legal advice.

You also understand that we are not affiliated with the Small Business Administration (SBA). If you need to visit the SBA directly please click here: sba.gov

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Tel: (877) 828-8877

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