Tax Help Chicago Archives - Page 8 of 8 - Chicago IRS Tax Attorney

Avoid Tax Resolution Scams. Find Out How.

May 7, 2013 by admin

Unfortunately, there are some tax resolution firms that are not legitimate and are actually running a scam service. USA Today provides a decent article talking about this problem and gives the following red flags to watch out for when choosing a tax resolution company. These red flags include, no face-to-face consultation, high-pressure sales tactics, large upfront fees, no details about services until after a fee is paid and unrealistic guarantees.

Don’t fall for tax resolution scams, if you are in need of a reputable tax resolution company give us a call at (312)664-6649. We will set up a free consultation with you and talk about your specific situation. No high pressure sales, unrealistic guarantees or large upfront fees. If you would like to read the rest of the USAToday article about tax resolution scams see. http://usatoday30.usatoday.com/money/perfi/columnist/block/2011-05-23-tax-resolution-scams_n.htm

Offering In House Tax Preparation!

April 26, 2013 by admin

At Opem Tax Resolution & the Law Office of Steven A Leahy we are proud to provide our clients with a variety of services to help them deal with their tax and debt problems. We would also like to provide services that help them avoid tax problems all together.

We have seen first hand how some of our clients have been put into compromising situations with the IRS by filing incorrectly or having a less than reputable tax preparer make some serious mistakes. We know that it can be hard sometimes to know that the tax preparation service you are using is truly on your side. For this reason we have decided to offer in house tax preparation. We have hired a tax preparer in house to serve this need. Mike Norris is an Enrolled Agent (EA) and began to assist our clients with tax preparation on February 15th

In the past we have only filed older tax returns to help our clients get back in compliance with the IRS. However, we have realized by offering tax preparation in house we can better serve our clients by providing a trustworthy preparation service. Our clients can rest assured that not only do we knows how to file their returns correctly but we also have in-depth knowledge of the legals aspects of dealing with IRS issues. This allows our clients to be assured that their tax filing is in good hands and that if they are ever faced with an audit or issue with the IRS that they will be able to come to us to aid in their defense. https://chicagotaxteam.com/services/

Chicago: What to Do About an IRS Tax Levy

April 3, 2013 by admin

Steven A. Leahy

Chicago: IRS Tax Levy?

Chicago: IRS Tax Levy

IRS Levies = Seizure of Your Property (Here’s What to Do) If you owe the IRS money and aren’t actively negotiating with the IRS, then it is likely they will use a levy against you.

A levy is the legal taking (seizure) of your personal property by the IRS to satisfy your tax debt. If the IRS is taking part of your paycheck the levy is called a garnishment.

And the IRS has the power to levy anything you own.

They can levy against or seize your:

House
Boat
Car
Motorcycle
Real Estate…
And the list goes on.
The IRS can also garnish anything that is owed to you. This includes:

Wages
Accounts receivable
Commissions
401(k)s
Individual Retirement Accounts (IRA’s)
Social Security… and more
You don’t want this to happen. Things get ugly when your personal property gets seized and/or you bank account gets “raided”.

Checks start to bounce. Payments don’t get paid. Cars get repossessed. Houses go into foreclosure, and credit ratings get destroyed.

If you haven’t paid your taxes or you haven’t filed, this could happen to you. The IRS has significantly stepped up levies and garnishments since 2004. And they show no sign of stopping.

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!

Tax Help Chicago: IRS Offer in Compromise Help

April 3, 2013 by admin

Steven A. Leahy

Tax Help Chicago: IRS Offer in Compromise Help

Tax Help Chicago: IRS Offer in Compromise Help
The (Untold) Truth about IRS Offers in Compromise

Is it really possible to pay the IRS “pennies on the dollar” and have the rest of your tax bill forgiven?

Yes. It’s possible. In theory.

The only problem is it isn’t too likely to happen.

An Offer-in-Compromise used to be the only legitimate way to negotiate an actual lowering of the amount of taxes you owe.

But there has been a lot of abuse of this method in recent years. And the IRS has cracked down. In fact, only 15% of Offers-in-Compromise get accepted by the IRS.

The best way to know whether or not this solution is one that works for you is consult with a tax attorney.

The good news is that if an Offer-in-Compromise is not the right fit, there are several other options to choose from that are equally effective.

These include the ability to make payments to the IRS and sometimes these payments may even be reduced based on your income. This reduces the amount of debt you owe.

There is no sense in pursuing an IRS payment option, like an Offer-in-Compromise, that isn’t right for you and will most likely fail.

When dealing with the IRS you should always get the advice of a tax professional who can help you determine the right plan for your situation.

Avoid Tax Resolution Scams. Find Out How.

Offering In House Tax Preparation!

Chicago: What to Do About an IRS Tax Levy

Chicago: IRS Tax Levy?

Tax Help Chicago: IRS Offer in Compromise Help

Tax Help Chicago: IRS Offer in Compromise Help

Our Resources

Testimonials

Our Office