Wink Inc.
Enrolled Agents
America’s Tax Experts
®
Wink Tax Services
IRS Tax Problems
Are you having problems with the IRS?
Before you call one of the large advertisers claiming to solve
your problems for pennies on the dollar, take the time to talk
to your trusted, local expert.
Wink Tax Services, located in Troy, Michigan, is here to help
you resolve your tax problems and put an end to the misery
that the IRS can put you through.
We pride ourselves on being very efficient, affordable, and, of
course, extremely discrete.
Please call our office at (800) 276-8319 or (248) 816-1220 to
set up a free consultation.
We can help you with the following IRS tax
problems:
•
Wage Garnishment - IRS wage garnishment is the
deduction of money from an employee’s monetary
compensation resulting from unpaid IRS taxes. Most likely
this should not be a surprise as the IRS will only levy one’s
wages after repeated letters and warnings about the taxes
owed. This is one of the IRS’s most aggressive tax
collection mechanisms and should not be taken lightly. The
IRS would rather resolve taxes in a different manner but
they will levy your wages when they feel they have run
out of other options. It is important to understand how
garnishments work to ensure you take the appropriate
actions to avoid them or stop the IRS from taking your
wages.
•
Bank Levy - An IRS levy permits the legal seizure of
your property to satisfy a tax debt. It can garnish wages,
take money from your bank or other financial account,
seize and sell your vehicle(s), real estate, and other
personal property. If you receive an IRS bill titled “Final
Notice of Intent to Levy” and “Notice of Your Right to A
Hearing,” contact us right away. If you receive an IRS
notice of levy against your employee, vendor, customer, or
other third party, it is important that you comply with the
levy.
•
Threatening Letters - The IRS carry out their
threats, so ignoring an IRS threatening letter is absolutely
the worst thing to do. First, you should check the facts in
the letter. If there is anything amiss in their calculations,
or your liabilities, or their assessment, write a polite letter
back explaining the error or omission and see if they will
remedy the situation.
However, if they have reached the point where they are
sending you threatening letters, you may need to be a
little more proactive in resolving the situation before the
IRS becomes proactive themselves. You do not want this
to happen. If you allow the IRS to take action before you
do, it will result in you unnecessarily suffering at their
hands. The IRS has considerable powers when it comes to
collecting taxes and they are rarely if ever prone to taking
the lightweight approach. The IRS sends out threatening
letters when they know or think they know that you owe
them money; beyond that, they have little interest in you.
•
IRS Audit Notification - Did You Receive an Audit Letter
From the IRS? The first step is not to panic. The IRS uses
letters to communicate with taxpayers about IRS audits.
As with most IRS communication, there are deadlines
associated with IRS audit letters. You will have time to
review the items that are being contested and prepare
your response. Selecting a return for examination does
not always suggest that the taxpayer has either made an
error or been dishonest. In fact, some examinations result
in a refund to the taxpayer or acceptance of the return
without change.
•
Non-Filing - What if you fail to file? The IRS may file
what is known as a substitute return for you. However, as
you well know, the IRS will not be looking to save you any
money. In fact, a substitute return will not include any of
the standard deductions your accountant would typically
include in your return. Case in point, a substitute return
only allows one exemption: single or married filing
separate, so you end up with higher tax liability than if
you would have just filed. Also if you are self employed, a
substitute return will not provide social security earnings
credits.
•
Liens - A federal tax lien arises when a tax return is filed
and the tax isn’t paid after a demand for payment has
been made. By law the lien is in favor of the United States
and is upon all property and rights to property of the
person with the unpaid tax. It gives the IRS the authority
to seize any proceeds from sales of real estate owned by a
delinquent taxpayer. To protect the government’s right of
priority against other parties who are owed money by the
same person, the IRS will file a Notice of Federal Tax Lien,
which puts other creditors on notice about the IRS’s claim.
•
Offers-in-Compromise - You can reduce Your IRS Debt
with an Offer-In-Compromise. Qualifying for an Offer-In-
Compromise settlement can save you thousands of dollars
in taxes, penalties and interest. An Offer-In-Compromise
is an agreement between a taxpayer and the IRS to settle
the taxpayer’s tax liabilities for less than the full amount
owed. Absent special circumstances, an offer will not be
accepted if the IRS believes that the liability can be paid in
full as a lump sum or through a payment agreement.
•
Innocent Spouse - Many married taxpayers choose to
file a joint tax return because of certain benefits this filing
status allows. Both taxpayers are jointly and individually
responsible for the tax and any interest or penalty due on
the joint return even if they later divorce. This is true even
if a divorce decree states that a former spouse will be
responsible for any amounts due on previously filed joint
returns. One spouse may be held responsible for all the
tax due even if all the income was earned by the other
spouse.
In some cases, a spouse will be relieved of the tax, interest,
and penalties on a joint tax return. There are three types of
relief available:
1.
Innocent spouse relief
2.
Separation of liability
3.
Equitable relief
Resolve your IRS tax problem with the peace of mind that
you are in good hands.
Please call us at (248) 816-1220 to set up a free
consultation.
Proudly serving the greater Metro Detroit area.
Wink Inc. Enrolled Agents | 2701 Troy Center Dr, Ste 255 |
Troy | Michigan | 48084 | Tel: 248-816-1220 | TF: 800-276-8319
| Text: 248-800-6013 |