The Arizona tax attorneys are always available to answer the queries of the taxpayers who are bugged with the disputes over their annual taxes. Here are among the common questions posed by the taxpayers as they get the chance to confer with the Arizona tax attorneys.
What is common the things to happen in the event of an unfiled tax return?
Unfiled tax returns only signify one thing—and that is being in real trouble with the Internal Revenue Service. If for example you owe IRS some taxes for about ten years, then they will compute it all. They will try their level best to reach you through your old address. If in this event you have moved out of the country and once you come back, IRS will go after you demanding your dues for your taxes in the entire year of your absence.
When such case arises, you know one thing for sure. You know that you can be condemned for tax evasion. This is a crime which is punishable by the law. IRS will be very religious in sending you reminders. At one point, these reminders will become unfriendly and you will just be shocked to receive a Notice of Intent to Levy all your wages and assets.
Does it mean trouble for the unfiled tax returns that date way back?
It is in fact very much complicated if your unfiled tax returns trace to at least six years backwards. It is so because the files are kept in storage and it will need enough concerted effort to locate those records. An agent will need to browse through all of the kept files to be able to gather them all. You can just imagine how difficult it could be if your unfiled tax returns date back to some more years back in time.
What is meant by wage garnishment?
With the term wage garnishment, it means that a levy is imposed in another method. This method is concerned with the manner of collecting the back taxes which a taxpayer owes the IRS. With regards to the IRS attacks, the words levy and garnishment mean the same thing. The typical targets of the garnishment are your bank accounts and wages but the rule may also apply to the seizure of your furniture, equipment, your home, your vehicles, and your other valued possessions.
Is any bank permitted to turn over an account to IRS without the concerned party's consent?
When IRS imposes a levy on your account in the bank, your bank is legally bound to turn over whatever amount is in your existing account. It does not regard the fact as to whether it is your own money or not or where you got your money. Keeping those monies in your own account is enough justification. Most people keep direct deposits for the Social Security, pensions, child support, and many others but then the IRS does not consume time to locate the source of the money. At the time when the money gets deposited in an account which is under your name, it automatically loses its own identity.
When will these levies on the bank account be stopped?
In comparison with the wage garnishment, a levy in your bank account will only happen once. Meaning, the next batch of money that gets deposited in your account will solely be yours again.
Locating a good tax attorney in Maryland requires a little bit of finesse and a large portion of resourcefulness. Here are some tips you can use:
1) Never underestimate a resource– Most people today are so caught up with the developments of technology that they rarely pay attention to existing sources of information. What you should learn about information is that it can be found everywhere. You should try to consider every type of source that you have at hand and search. If you really want to find a good Maryland tax attorney, you should not just try to look for one but actually look for one!
The key to finding any type of information is to tear down any limits. You cannot just limit your search to the internet; you should try to use other sources too. Never underestimate any resource in your search for a great Maryland tax attorney.
2) Know what you want– This translates to "be specific" when you are looking for a good Maryland tax attorney, be sure that you know exactly what you are looking for. There are many tax attorneys out there and they all have different areas of specialization. In your searches, specificity will help you narrow down your list of prospects and actually get you results much faster.
A Maryland tax attorney can be quite easy to find. However, finding a great Maryland tax attorney can prove to be quite a challenge. It is only by knowing what you want can you take the step to get it.
3) Gather Information – In order to truly know what type of help you need, you should have enough information about your situation. Try to learn as much as you can about the problem that you are facing. The first step to solving a problem is to learn what the problem is. By gathering information, you will be able to discern whose help you need and when. When gathering information, remember to follow rule number one and never underestimate a resource.
4) Listen to advice – Word-of-mouth is the best type of advertisement you can ever wish for. This is because people will talk about companies who provide great services. A good Maryland tax attorney's reputation always precedes him or her. People who think that they can get along just fine searching for a Maryland tax attorney on their own can be very much mistaken. Sometimes, the only way you will hear about an excellent Maryland tax attorney is through the advice of other people. The only way you would be able to discern a great Maryland tax attorney is if there are great things that can be said about him or her.
5) Accept help – Okay, this tip goes under the category of "what to do once you've found a Maryland tax attorney". Remember that you are getting a lawyer because you need help. Sometimes people take too much pride in themselves and assume that an attorney is someone who can make their problems go away just like a genie. However, when they come to the realization that some sacrifices must be made to solve their problems, they are enraged and shun the help. Whatever you do, listen to the Maryland tax attorney that you hire. This could definitely help you a lot with your problems.
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