Tax Liabilities lead to Tax Liens if, large enough…If ignored long enough, Tax Liabilities unfortunately will trigger Tax Levies.
The 3 L’s; Tax Liabilities, Tax Liens, and Tax Levies that can make your life lackluster, moreover flat out miserable. Whether buying an automobile, applying for credit to purchase a large ticket item or more common example in today’s job market a long term gainful employment. DWK Tax Group believes regardless of your current trials and tribulations of record with our friends at the Internal Revenue Service (IRS, Federal) or State taxing authority (State, City, County or Parrish), all Taxpayers should at least obtain the ability to earn at your full earning potential. Should the tax account already be in collection status? The assistance of a seasoned tax professional is an option that requires exploration and inquiry.
“The main reason why we launched DWK Tax Group Inc. was offer the general public a company they can Trust. We are the real deal.
Since being in business since January of 2009, as all partners agreed…We need to do what we said we would do. This mantra has been the guiding principle in which DWK Tax Group exists.
What makes us different from other competitors is; taxpayer tax problem comprehension or due diligence is done upfront. “We look to set customer expectations correctly upfront. Additionally, getting the tax problem addressed correctly the First Time Around is a must!” says IRS Enrolled Agent, Andrew Hatchie Jr.
Tax Liability – An annual income report is to be submitted, also known as; Federal and State income tax return. Liabilities or tax balances owed are often generated by Taxpayers whom are under withholding (less than 15% in most cases) from income via wages earned (W-2). A common mistake often made by not correctly claiming exemptions relative to the household. The Self Employed individual however has the additional responsibility of estimated tax payments (ETP). Got employees? Payroll return liabilities is a whole other ball of wax that may require attention. Warning Trust Fund Recovery is not be messed with. Trust Fund Recovery carries serious punishment should obligations be shunned.
Tax Liens / Tax Levies – Initiated when balances exceed a combined amount of $10,000 stemming from specific tax period. The IRS has 10 years to collect on a tax debt/liability. This is called the Collection Statute Expiration Date. State government policies and procedures are actually not as forgiving and often come with the unlimited ability to collect on the tax liability owed. The state tax authority simply renews the tax assessment and continues send notices of threatening nature to collect or else…
Tax Liens / Tax Levy / Wage Levy / Wage Garnishment / Bank Levy / Order to Withhold / Intent to Levy notices – First off, please do not panic. Calm heads will always prevail. DWK Tax Group can usually lift a federal levy in 24 to 48 hours depending on the overall scenario. If a Revenue Officer (RO) is involved the chances of a swift removal is slim to none to be honest. A tax account assigned to a RO is a clear indication something is very wrong. Learn to be cordial with this individual, he or she is in charge of your fate whether you like it or not.
DWK Tax Group is a no non-sense Tax Resolution / Tax Relief provider. Our tax professionals are licensed to practice in front of the Internal Revenue Service, nationwide, to include all 41 states whom collect on income. DWK’s normal business protocol is to conduct they’re due diligence upfront via a 20+ minute conversation to understand the complicated variables that may apply. The inquiries via website or incoming calls are treated anonymously until the Taxpayer is able to make an educated decision to move forward. We will only accept the case file if tax relief can potentially be acquired.
DWK Tax Group have help thousands of individuals & business entities get back on their feet, where they belong. Time to get out from under the hand that keeps taking and get a refund for change. Let’s get back to having chocolate dipped strawberries in a bowl.
“Time to come clean in 2015” says EA and Managing Partner, Andrew Hatchie. “Happy New Year!!”
DWK’s options & solutions are geared for long term Tax Resolution. As always, The Group will get to the core of any Tax Problem, Tax Resolution by resolving it and get you on the correct path again. The tax problem will remain until correctly and completely addressed.
Services DWK Tax Group provides:
IRS & State Tax Resolution and Tax Relief Representation
IRS & State Tax Return Preparation
Individual & Business Compliance
Payroll
Bookkeeping