• Motives To Hire Connecticut Tax Lawyers

    Connecticut tax attorney services are perfect if you have been handling many letters and calls from the IRS and you are uncertain about how to resolve the situation by yourself. Just because you are being contacted by the IRS, it does not necessarily mean that you are at fault. It is somewhat normal for problems to transpire with the IRS when you have filed your yearly taxes. Generally, forms get lost in the mail or the IRS might get your file incorrectly mixed up with someone who has a similar name... Another reason that people experience problems with the IRS is because duplicate forms have been inputted. If your

    Read more ...
  • Tax Attorney Fees 101

    Hourly rate Typical tax attorney fees are at $200 to $400 on an hourly basis. Often, you will pay a retainer, which is based on the man hours that they believe your case will take, before the engagement begins. If your case goes beyond the estimated hours, you will then be billed for the additional hours. For simple cases like an "offer in compromise," you will find that the retainer will be enough to cover everything. However, if you have to go to trial on a tax dispute, expect your hourly fees to reach anywhere from $5,000-$20,000. Flat rate If getting your first billing for the hourly tax lawyer fees made you fall off

    Read more ...
  • CRA Income Tax Debt and how it Affects Small Business Owners

    It’s tough to be a small business owner. Many small business owners really struggle the first few years that they are in business. When trying to build up a business there can be times where the business does well and times when it does not. Where sole proprietors are concerned their business income is almost one and the same as their personal income. While a sole proprietor can write off business expenses, the revenue that is left must be declared as personal income on her CRA income tax returns.Small business owners, especially sole proprietors are the group that is by far the most at risk of running into trouble with

    Read more ...
  • Surviving an IRS Audit

    Notification of an IRS Audit A person or business will be notified by phone or mail that a tax audit is beginning for endorsement on their behalf. Included in this contact may be a list of the information required to repeal the examination and clear the individual or company from owing additional money, fines or fees. How is Someone Chosen for an IRS Audit? Anytime a person or company files their tax returns, the information inputted in the essential fields are lined up with additional statements that fit the categories as determined by the IRS. As soon as the return is reviewed by someone who is knowledgeable in the

    Read more ...
  • Refund of Service Tax

    Service Tax, as the name suggests is a tax leviable on all duties. It is a tax levied on the transactions of the facility specified by the Central Government under the finance Act, 1994. It is an indirect tax (akin to Excise duty or Sales tax), which means the service provider pays the tax and recovers the amount from the recipient of the taxable work.Service Tax is generally recovered by Assessee in two ways:• By utilizing the same as in the form of Cenvat Credit, or• By Claiming the Refund.Any Assessee can utilize the amount of duty paid by him in excess by adjusting the same with the duty amount paid in subsequent

    Read more ...
  • How To Find Tax Resolution Services reviews

    Getting recommendations is always a good way to discover a reputable attorney who will give you quality Tax Resolution Services reviews. Finding good referrals are even more important if you require debt relief for a corporation or company. You might consider asking people you know if they have used any reliable attorneys recently. Word of mouth can always provide you with good advice because you can evaluate a attorney based on the experiences that preceding clients have had with them. You can also use the internet to assist you locate a reputable tax attorney who will be able to give you good Tax Resolution Services

    Read more ...