1. 3 Ways The IRS Can Disrupt Your Life

    You’re already struggling through life. The last thing you need is the IRS on your back about back taxes. It’s uncomfortable getting a letter in the mail from a faceless entity telling you that they will collect on the money you owe if you don’t pay them. It seems too awful to be true. At Tax Law Offices in Naperville, we understand your frustration. The IRS can be overwhelming. Nonetheless,…Read More

  2. 6 IRS Tax Lawyer FAQs Answered

    When dealing with the IRS, it can be overwhelming. You don’t want to handle them alone. The complicated tax law combined with your elevated emotions around how much you owe and potential criminal charges can make the situation unbearable. These two reasons alone make it obvious that you need an experienced IRS tax lawyer you can trust to stand in your corner with you to reduce tax obligation and…Read More

  3. When to hire a tax professional for an audit

    If you’ve just received a tax audit notification from the IRS, you’re not alone. You may have filed your taxes already and on time, but the IRS has found some discrepancies. Whatever the reason for the audit may be, it can be a stressful situation. Not only is understanding tax code cumbersome, but relying on your own knowledge to navigate a tax audit can be devastating. It’s important to un…Read More

  4. 2 Actions A Tax Collector Can Take If You Don’t Pay Taxes

    Your IRS Tax Collector has much more power than the average federal employee. It’s a common misunderstanding that the IRS is an entity you can avoid. Although it may seem like a brilliant idea to not pay your taxes, avoid the IRS, and use all the “extra” cash you have to live your life, it’s a horrible idea. Not only will a tax collector pursue you, but they will go as far as contacting yo…Read More

  5. Owe The IRS? Let Our IRS Tax Attorneys in Naperville Help!

    It can be daunting to owe the IRS money. You spent the entire year working, only to have to pay more in taxes than you expected. You’re not alone. The best first step for anyone filing taxes is to actually file them and file them on time. If you’re going to owe money, the worst move you can make is to ignore your tax responsibility. The penalties will stack up on top of what you already owe if…Read More

  6. What to Consider When You Owe the IRS

    If you find yourself owing the IRS money after you file your taxes, don’t worry—the IRS Restructuring and Reform Bill of 1998 was designed to force better communication between you and the IRS. In other words, they are required to grant you due process rights when they come to collect what you owe. However, if you try to ignore the IRS, they can also make your life a living hell. Here are some…Read More

  7. Can I Sue my Tax Accountant?

    Tax season is upon us, and many of you have probably already finished filing your taxes. However, after compiling all your income information, receipts, W-2s, and expenses, you handed them to your tax accountant—only to have the IRS come knocking for an audit and penalty fees. Yikes! If your accountant made a mistake, does that mean that the blame falls on your shoulders? And if so, is there a w…Read More

  8. When Your Boss is Evading Taxes

    Most of the private companies in the U.S. are formed as pass-through entities. This means that the income received goes to the owners, and this income is taxed as personal income tax. Depending on where you live, these income tax rates can get as high as over 50 percent. With that said, these high taxes cause some business owners to do all that they can to reduce the amount they need to pay to the…Read More

  9. Getting Ready for Tax Season – Part Two

    Tax season is just around the corner, so it’s time to start thinking about what you’ll need to ensure that this tax return time is smooth and easy. In our last blog post, we mentioned three of the top ways to prepare for the upcoming tax returns. For example, make sure to include your Social Security numbers when you file. Include your income tax forms, and make sure to keep track of all of yo…Read More

  10. Getting Ready for Tax Season – Part One

    Tax season is almost here! Are you ready? Many people forget about it until it’s too late and spend their days scrambling to collect all the necessary paperwork. However, you don’t need to be frazzled and frustrated with a little bit of planning ahead! The key to successful tax reporting (and avoiding audits!) is to have everything at your fingertips. By preparing ahead of time, you’ll be re…Read More