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The Truth about Voluntary Tax and Tax Protester in Chicago

August 13, 2013 by admin

Steven A. Leahy

Have you ever heard that paying taxes in the United States is considered “voluntary” by the IRS?

That’s what a number of tax protesters in this country might lead you to believe.

They might also lead you to believe that filing tax returns is voluntary, too…

Here’s the truth: Paying taxes is voluntary IF you would like to volunteer to go to jail. Ever since Congress passed into law the 16th Amendment tothe Constitution in 1913, tax protestors have brought upfrivolous arguments against the existence of the IRS.

They challenge the government’s right to force the citizens of this country to pay taxes. Some of the most vocal opponents of the IRS have even gone on to become outspoken authors and speakers, teaching people how to “live tax free” at seminars, on websites and in books…

Don’t volunteer to line the pockets of liars & con-artists. In the United States, you are required to file and pay taxes.

The only thing that’s voluntary about it is that you are the one that gets to do it, instead of the government doing it for you. If you haven’t paid your taxes or you haven’t filed because you’ve been led astray by a tax-protesting book,website and/or public speaker – you may have fallen for a huge con.

If you’ve been fooled by the tax protesters, we can help. If you are in trouble with the IRS or have received notices that you owe taxes, we can help. Call Opem Tax Resolution – The Law Office of Steven A. Leahy, PC (312) 664-6649. Call Now to schedule your FREE 1 hour Consultation!

Filed Under: Uncategorized

Chicago: IRS Partial Payment Agreement vs. IRS Offer in Compromise

August 13, 2013 by admin

Steven A. Leahy
Chicago: IRS Partial Payment Agreement vs. IRS Offer in Compromise

IRS Partial Payment Agreements vs. IRS Offer in Compromise

It used to be the only way you could pay less to the IRS than that you owed was to get them to (somehow) accept an Offer-In-Compromise.

But… there’s a problem. Offers-in-Compromise aren’t approved very often these days. In fact, they are only approved a little over 15% of the time they are submitted.

The odds are not in your favor with this method. And it usually takes a skilled tax attorney to have even a chance of making an Offer-in-Compromise successful.

Now, though, this isn’t the only way. There is another way that you can get the IRS to reduce your debt.

You can use a Partial Payment Agreement.

With a Partial Payment Agreement you prove that you can only afford a certain amount in payments.

And then the IRS can only bill you for that specific amount.

When you are done paying that’s all you owe, and the rest of your debt is forgiven.

But there are a couple of catches.

#1. Documenting how much you can afford is a lot of work. And unless you follow very specific guidelines, the IRS may not accept your proposal.

#2. The IRS reviews Partial Payment Agreements every two years. So you may end up owing more.

#3. If your financial situation improved too much, they can completely terminate the agreement altogether.

Even with these conditions a Partial Payment Agreement can work well for many people.

If you are in trouble with the IRS, then our office can help. We will help you figure out the best option for your situation. Call Opem Tax Resolution – The Law Office of Steven A. Leahy, PC (312) 664-6649. Call Now to schedule your FREE 1 hour Consultation!

Filed Under: Uncategorized

How the IRS Determines Negligence Vs. Tax Fraud

August 12, 2013 by admin

Do you know what the difference is between negligence and fraud. The IRS will penalize you for both but facing fraud charges will be much more severe. For instance a negligence charge on your tax return may add a 20% penalty to your bill, but if you are hit with a tax fraud charge you may face a 75% penalty. Fines and penalties are only the beginning. In case of fraud you may also be put under the IRS’s criminal investigation division and be fighting serious charges.

So what is the difference. Well, tax fraud is the willful act done with the intent to defraud the IRS. This means you made claims on purpose to trick the system. On the other hand, tax negligence is making an honest mistake on your tax returns. Even the IRS knows that the tax law is complicated so they usually will understand when a taxpayer makes a mistake.

If you are facing charges by the IRS for either negligence or fraud contact us today at (866)664-6647 to receive a free consultation.

To learn more about the differences between negligence and fraud you can read the following article provided online. http://www.nolo.com/legal-encyclopedia/negligence-versus-tax-fraud-irs-difference-29962.html

Filed Under: Uncategorized Tagged With: chicago il tax attorney, chicago tax attorney, tax attorney chicago, tax attorney chicago il

Many People with IRS Problems Face other Financial Problems Including Foreclosure

August 5, 2013 by admin

IRS problems usually lead to or are the result of other financial troubles. For this reason it is not uncommon for someone who is facing the IRS to also find themselves about to face foreclosure. It is for this reason that we have been helping people with the foreclosure process since 2001. This allows us not only to help find solutions to your tax problems but also to walk your through the steps to either avoid or deal with foreclosures.

In Illinois, If you have missed one or more mortgage payments the loan will be considered to be “in default” and you may receive a “Notice of Default” by the mortgage company. This Notice of Default will give you a time frame to bring the loan current. Do not ignore this notice. Doing so will lead to the mortgage company proceeding with further actions that can eventually lead to foreclosure. Read more here to learn more about the foreclosure process and contact us today if you need help. https://chicagotaxteam.com/services/foreclosure-defense/

Filed Under: Uncategorized Tagged With: chicago il tax lawyer, chicago tax lawyer, tax lawyer chicago, tax lawyer chicago il

When Your Financial Well Being is Being Threatened You Need To Know the Law Firm You Work With Is There For You

July 26, 2013 by admin

When the IRS comes after you the financial hardship they can impose on you can be devastating. With the ability to put liens on your home and property, garnish your wages and even go after you Social Security and 401 k benefits they can definitely hit you where it hurts the most. We know that when our clients are facing such hardships they are scared, stressed and need solutions quickly.

For this reason we believe in giving each of our clients the personal attention and care that they deserve. When you have questions or concerns then we believe you deserve to talk with a knowledgeable attorney directly. We put your best interests above everything else and work to find solutions for you that are effective and efficient so that you can take the steps to move into a better future. If you call Northern Illinois your home and you have IRS problems or are facing bankruptcy or foreclosure contact us today. https://chicagotaxteam.com/why-us/

 

Filed Under: Uncategorized Tagged With: chicago debt relief, chicago il debt relief, debt relief chicago, debt relief chicago il

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