Upgrade to a smarter solution for all your tax needs.
Our Personalized Tax Plan, which is subscription-based, offers access to a team of lawyers at a fraction of the cost of typical law firm hourly rates, whenever you need them.
The Personalized Tax Plan also offers clients the peace of mind that comes with a uniform monthly fee for all tax-related legal services. This eliminates any confusion about costs and provides a strong, reliable partnership for managing tax needs on an annual basis. Our goal is to develop a trustworthy, long-term relationship with each of our clients, by maintaining a small client base and offering personalized attention to each individual, leading to unparalleled service.
An IRS audit can be a stressful and overwhelming experience for many individuals and businesses.
If you (or your business) are facing an audit, our attorneys will work with you to gather and organize all the necessary documents, including financial records and tax returns, to present to the IRS during the audit. Our attorneys will negotiate with the IRS on your behalf, and help you understand the options available to resolve any tax liabilities or penalties that may result from the audit. If the audit results in a tax assessment, our attorneys can represent you in appealing the decision and pursuing alternative dispute resolution options, such as mediation or litigation.
IRS Fresh Start Program
Although tax day may have already passed, an overwhelming tax debt issue may still be looming overhead.
Every year, a growing number of Americans find out that they owe more money to in state or federal taxes than they can afford to pay. The IRS reports that there are about 11.23 million Americans that collectively owe more than $125 billion back in taxes. The IRS Fresh Start Program aims at providing struggling taxpayers with easier payment options and a better chance of resolving their tax debt. The program includes provisions such as expanded installment agreements, a higher threshold for filing liens, and increased flexibility for currently not collectible status. Our attorneys help you take advantage of the IRS Fresh Start program to settle your tax liability and get your financial situation under control.
Offers in Compromise
An Offer in Compromise (OIC) is an agreement between a taxpayer and the IRS to settle that taxpayer’s tax liabilities for less than the full amount that is owed.
Taxpayers that can pay the full amount that they owe generally won’t qualify for this service. However, this can be a useful tool for people who have a larger tax liability than they’re able to pay. Although an OIC does not make your tax liability disappear, it can help lessen your liability. In most cases, the amount offered by the taxpayer will need to be equal to or greater than the reasonable collection potential. This means that the amount you offer may need to be equal to or greater than the value that can be realized from your assets such as property, automobiles, bank accounts, etc. Our attorneys can help you avoid the mistakes that often get the OIC rejected. If our assessment shows that an OIC is a viable option for your situation, we’ll prepare and file all the required paperwork with the IRS.
Levy & Lien
If you have received an Intent to Levy Notice or a Notice of Intent to Lien from the IRS, then it’s time to get some professional help.
A Levy is a legal seizure of your property to satisfy a tax debt. A Levy remains in effect until the tax debt is paid in full or until the statute of limitations on collection expires. An IRS Lien, on the other hand, is a claim by the IRS on a taxpayer’s property as security for a tax debt. The lien gives the IRS a legal right to the property and makes it difficult for a taxpayer to sell or refinance it until the debt is paid. The lien is recorded as a public notice and becomes a part of the taxpayer’s credit history. Levies and liens are both serious measures that the IRS can use to secure or obtain the value of your tax liability. They can be applied to your bank accounts, retirement accounts, salary, physical assets, and more. If you have received a levy or lien notice from the IRS, our attorneys can work with the IRS to negotiate a payment plan or work out an agreement to release the levy or lien.
As a leading provider of tax legal services, we understand the complexities of tax laws and regulations that businesses face.
Our team of experienced tax attorneys is dedicated to helping businesses navigate these challenges and minimize their tax liability. We provide comprehensive tax planning, compliance, and representation services, as well as guidance on tax-efficient business structures.
Preparing and Filing
Business Tax Returns
Filing business taxes can be complicated, even for the smallest businesses.
Businesses must file any 1099’s for independent contractors or W-2’s for employees before January 31st each year with both the IRS and the Social Security Administration (SSA) or be subject to penalties. Businesses also need to file a corporate tax return including 1065, 1120-S, or 1120 tax returns. It’s possible for businesses to save on taxes due to depreciation expenses, however, it’s common for small businesses to make mistakes when determining the right depreciation method, accounting method, and life span of the equipment. Individuals who own a partnership or S-Corp can be responsible for self-employment taxes if they do not file correctly. Our attorneys can help you avoid or fix tax mistakes that could cost your business a lot of time and money.
Cryptocurrency taxes are becoming increasingly relevant in the financial world as digital currencies gain popularity.
Our attorneys understand the complexities of cryptocurrency taxes and compliance. Cryptocurrency, such as Bitcoin, Ethereum, and others, are classified as property by the Internal Revenue Service (IRS) for tax purposes. This means that each time you receive, sell, trade, or exchange cryptocurrency, it is considered a taxable event. It is important to keep accurate records of all cryptocurrency transactions, including the date, amount, and cost basis of each transaction. This information is crucial in determining the tax liability associated with each transaction. Our law firm is a leading provider of legal services in the field of blockchain and cryptocurrency in the country. Our experienced attorneys have a thorough understanding of the regulations and laws surrounding cryptocurrencies and can help ensure that you are compliant with all necessary tax reporting requirements.
What are the benefits to having an
IRS Power of Attorney (POA)?
Authorization to Represent
An IRS POA authorizes our attorneys to act on your behalf in all matters related to your tax situation, including correspondence with the IRS, negotiating settlements, audits, collection efforts, and appeals.
Protect Your Privacy
With a POA in place, our attorneys can retrieve IRS transcripts on your behalf, saving time and effort, and providing an extra layer of protection. Transcripts provide a comprehensive overview of your tax history, including information about your income, payments, and any taxes owed. The IRS updates your transcripts on a yearly basis so it’s extremely important to stay informed and verify what’s being reported to the IRS to ensure accurate tax reporting.
Peace of Mind
An IRS POA will enable you to have peace of mind knowing that your tax affairs are in good hands, and that you will be protected from any potential legal or financial issues.
Our attorneys will help you avoid costly penalties and interest by staying compliant with your tax obligations, which will save you a significant amount of money in the long run.
Our attorneys will handle all IRS matters in a timely and efficient manner, freeing you from the time-consuming process of dealing with the IRS.
If you’re unavailable, our attorneys will continue to represent your interests, ensuring that the tax matter is not ignored or forgotten.
Monthly Subscriptions for Tax Services
The Personal plan is designed for individuals who require assistance with their tax compliance and basic tax planning needs. This plan includes the following:
- Power of Attorney on file with the IRS.
- Preparation of federal and state income tax returns.
- Electronic filing with direct deposit information to ensure faster payout of refunds.
The Business plan is best-suited for small business owners looking to maximize their tax benefits. Stay up-to-date on changes in tax regulation and get advice on important business decisions. This plan includes the following:
- All benefits included in Personal.
- Support for all tax-related questions.
- Assistance with resolving tax-related issues such as back taxes, penalties, and interest.
- Basic tax planning to help you make the most of your deductions and minimize your tax liability.
- Review of tax bills and correspondence from tax authorities.
- Keep you informed of changes in tax laws and regulations and provide guidance on how they may impact your tax situation.
- Up to 2 hour-long calls with your attorney each month.
This plan is designed for individuals and businesses who need comprehensive tax services, such as tax planning, tax preparation, and tax representation. This plan is perfect for those who have a complex tax situation, require regular tax planning services, and want to ensure that their tax matters are handled professionally and efficiently. This plan includes the following:
- All benefits included in Business.
- Comprehensive tax planning services based on your unique financial situation. This includes identifying potential tax savings opportunities, reviewing tax laws and regulations, and offering recommendations to minimize your tax liability.
- Representation before the IRS in tax disputes and audits to ensure your rights are protected.
- Assistance with choosing and setting up the best business structure for tax purposes.
- Reviewing and analyzing business expenses to maximize tax savings.
- Planning for gift and estate tax compliance, including preparing gift tax returns and estate tax returns.
- Assistance with tax deferred exchanges under Section 1031 of the Internal Revenue Code.
- Advice on cryptocurrency tax and regulatory landscape, including reconciling cryptocurrency transaction and preparing IRS Form 8949 and Schedule D.
- Discounts on other legal services.
- Up to 2 hour-long calls with your attorney each month.
Unsure of what you need?
Let our tax experts craft the perfect plan for your tax situation.