As
seen on "Hard Copy" as a tax expert
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Welcome
to our website.
My background is that I am an
attorney, a Certified Public Accountant, and an Enrolled Agent. As
far as I know, I am the only one in the world with all three of
those credentials. I formerly was in the IRS for 11 years as an
Auditor, Revenue Agent and Appeals Officer. I am admitted to
practice before the Internal Revenue Service and the United States
Tax Court. During my years with the IRS I learned as much as I could
about the tax system. My team of former IRS professionals and I,
stand ready to use our knowledge in every way possible to defend you
and your family from the burden of IRS action.
Here are
some useful Tax Strategies:
Offer in
Compromise:
The IRS has recently made it easier to
eliminate taxes through an offer in compromise. If done properly it
is possible to pay only pennies on the dollar. Your percentage is
based on a formula depending on factors such as income, assets,
expenses, debts, health and dependents. For those with high assets
and/or income it is possible to qualify through a little known
"special circumstances" offer. If you are approaching retirement age
or have health of other issues it is possible to keep most of your
assets while settling the tax for a small amount. We have
successfully done hundreds of offers in
compromise.
Statutes of Limitation:
Few people
know that there is a statute of limitation on taxes. Believe it or
not, your taxes can disappear if the statute has expired. There are
various factors that can lengthen or shorten the statute. Contact us
and ask for a free "Statute of Limitation Analysis."
Wage
Levy - "Garnishment":
The IRS has the power to collect
taxes by taking money from your paycheck. They can take most of your
paycheck and leave very little for you to live on. A wage levy can
often be prevented or lifted through proper negotiations with the
IRS We have quickly released hundreds of wage levies.
Bank
Account Levy:
This is the IRS's favorite way of enforcing
collection. They simply take whatever money you have in you bank
account. Their methods of discovering accounts are very
sophisticated and they work by surprise. Bank account levies can
sometimes be released or prevented through discussions with the
IRS
Bankruptcy:
It is a myth that IRS income
taxes can never be eliminated through bankruptcy. If certain waiting
periods and other conditions are met, income taxes can be completely
discharged in a Chapter 7 bankruptcy. Many people successfully do
this even though friends and uninformed lawyers tell them that it is
impossible.
Installment Plans:
Installment
payments plans are not always granted by the IRS, but are possible.
My firm has obtained installment plans which enable clients to live
in peace while paying the IRS only what they can reasonably afford.
An installment plan does not prevent a later
bankruptcy.
Payroll Taxes:
If you owe payroll
taxes from business, special handling is required. The IRS may try
to close the business. Beware of signing a "Consent to Enter." The
IRS can padlock the business immediately after you sign! If you were
involved in a corporation, we would like to discuss with you the
ways of dealing with the "Trust Fund Recovery
Penalty".
Unfiled Returns:
You are not alone.
My firm has successfully handled cases of individuals who have not
filed returns for ten years or more. We can prepare returns and deal
with IRS personnel.
Audits and Appeals:
If you
are involved in an audit you should not give up at the lowest level.
The IRS Appeals Division is available to settle cases, often giving
you a much better deal than the original auditor. The Appeals
Division even has the power to allow deductions without
receipts!
Attorney Client Privilege:
When you
call our office you are immediately protected by the laws of
attorney-client confidentiality. Beware of dealing with firms which
are not law firms. There is no confidentiality law protecting you
when you deal with a non-law firm. The IRS can force those persons
to become witnesses against you.
Final
Words:
There is so much more than we would like to tell
you which would help. We can represent your before the IRS or the
State, often without your being required to appear. If you don't
already have an appointment you can call for a free consultation: (310) 387-3748
Disclaimer
William H. Rosenberg
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