Archive for April 13, 2013

Seek Advice From A Philadelphia Tax Attorney

Written by Channel 12 Richmond on April 13, 2013. Posted in Tax lawyer in philadelphia, Tax lawyer philadelphia

Philadelphia tax attorney

Tax is an unfortunate, but necessary, part of life. Even before 1776 the American Colonies were subject to taxation by the United Kingdom. Today, many different things are taxed. Alabama, for example, has a ten cent tax on decks of playing cards while Chicago even taxes soda drinks. Fountain soda drinks in the city are taxed at 9 percent while soda drinks in a can or bottle are taxed at 3 percent . Ultimately, it is crucial that each year you file a tax return. However, filing taxes can complex and confusing; the easiest form, the 1040EZ, has thirty three pages of instructions. Therefore, you may want to visit a tax preparer. The Cato Institute estimates that there are approximately 1.2M tax preparers in the country.

It is also crucial that you pay your taxes on time as failing to do so can have very serious ramifications. If you owe back taxes to the IRS or need help with tax debt there are several things that you want to consider. First of all, you may want to seek help from a professional, such as a Philadelphia tax attorney, also know as a Philadelphia tax lawyer. If you need help with any kind of tax problem a tax lawyer philadelphia or tax attorney Philadelphia can provide you with detailed investigation of your current tax liabilities. Furthermore, a Philadelphia tax attorney can also help you to determine what steps are necessary to prevent, stop or remove any wage garnishments, levies or liens.

Keep in mind that if you owe back taxes to IRS, you may want to consider an installment agreement, which can be described as a program that allows a taxpayer to pay off their outstanding tax liabilities. However, if you owe the IRS money and are considering this kind of agreement, it is important to note that there are several different kinds of installment agreements. A professional, such as a Philadelphia tax attorney, can help you to determine whether an IA is appropriate for you situation and if so what kind. Overall, i you are facing tax problems or tax debt it can be a very wise idea to contact a Philadelphia tax attorney. To learn more, read this.