Margolies Law Office Blog
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Stay up to date with recent changes and news announced by the Internal revenue service. The
MLO IRS Representation is a resource for important updates, news, and links to/about Internal Revenue Service. Margolies Law Office is a law firm licensed to practice law before the IRS, United States Tax Court, and Federal Courts and is therefore capable of handling all aspects of a client's case.
Margolies Law Office Blog
1w ago
Not filing tax returns can lead to penalties, fines, and even legal action. Find out the consequences and how to resolve them effectively ..read more
Margolies Law Office Blog
1w ago
Learn about IRS penalty abatement, eligibility criteria, and how to request relief from penalties effectively. Expert tips to save on tax penalties ..read more
Margolies Law Office Blog
1w ago
Discover what a tax lien is, how it affects your finances, and the steps to remove it. Get professional tips to resolve your tax lien issue ..read more
Margolies Law Office Blog
1w ago
Learn how small businesses can effectively handle IRS tax issues with this quick, professional guide to simplify tax compliance and avoid penalties ..read more
Margolies Law Office Blog
1y ago
Navigating an IRS Audit: Tips and the Role of an Attorney
What is an IRS Audit?
An IRS audit is a review or examination of an individual's or organization's accounts and financial information. This review ensures that information is reported correctly according to tax laws and that the reported amount of tax is accurate.
Why Might You Be Audited?
The reasons for an IRS audit can range from random selection to specific triggers. Common reasons include:
Discrepancies between reported income and information on W-2s, 1099s, etc.
High deductions in relation to income.
Frequent losses reported ..read more
Margolies Law Office Blog
1y ago
How can a tax attorney help you with an IRS installment agreement?
Tax problems can arise from various circumstances, leaving many taxpayers feeling overwhelmed and unsure of how to proceed. This is where hiring a professional tax attorney can be invaluable, particularly when it comes to understanding and negotiating IRS installment agreements.
Understanding IRS Installment Agreements
An IRS installment agreement is a structured payment plan that allows taxpayers to repay their outstanding tax debt over time. This is typically used when an individual or business cannot pay the full amount o ..read more
Margolies Law Office Blog
1y ago
Navigating an IRS Audit: Tips and the Role of an Attorney
What is an IRS Audit?
An IRS audit is a review or examination of an individual's or organization's accounts and financial information. This review ensures that information is reported correctly according to tax laws and that the reported amount of tax is accurate.
Why Might You Be Audited?
The reasons for an IRS audit can range from random selection to specific triggers. Common reasons include:
Discrepancies between reported income and information on W-2s, 1099s, etc.
High deductions in relation to income.
Frequent losses reported ..read more
Margolies Law Office Blog
1y ago
How can a tax attorney help you with an IRS installment agreement?
Tax problems can arise from various circumstances, leaving many taxpayers feeling overwhelmed and unsure of how to proceed. This is where hiring a professional tax attorney can be invaluable, particularly when it comes to understanding and negotiating IRS installment agreements.
Understanding IRS Installment Agreements
An IRS installment agreement is a structured payment plan that allows taxpayers to repay their outstanding tax debt over time. This is typically used when an individual or business cannot pay the full amount o ..read more
Margolies Law Office Blog
1y ago
Your notice or letter will explain the reason for the contact and give you instructions on how to handle the issue.
If you agree with the information, there is no need to contact us.
If, when you search for your notice or letter using the Search on this page, it doesn't return a result, or you believe the notice or letter looks suspicious, contact the IRS at 800-829-1040 . If you determine the notice or letter is fraudulent, please follow the IRS assistor's guidance or visit our Report Phish ing page for next steps. If the letter turns out to be real, call a local IRS Atto ..read more
Margolies Law Office Blog
1y ago
Making a Request For Additional Assistance
If you are a taxpayer with a disability who needs a reasonable accommodation, or you have limited English proficiency and require language assistance, inform the IRS employee that you are working with about your need for assistance. In addition, if you encounter an individual that volunteers or works at a LITC, VITA or TCE site, inform the individual about your need for a reasonable accommodation or language assistance.
We encourage you to work with our employees, and volunteers or staff members within our assisted programs, for help with getting a ..read more