PEO Services Trust

TIME MONEY REPUTATION

phone (844) TKO-TAXES

Home
About Us
Services
Resources
Client Portal
Newsletter
Testimonials
Contact
- Contact
- Request Appointment

Newsletter Archives

September 2019
June 2019
March 2019
December 2018
September 2018
June 2018
March 2018
December 2017
September 2017
June 2017
March 2017
December 2016
September 2016
June 2016
March 2016
December 2015
September 2015
June 2015
March 2015
December 2014
October 2014
July 2014
April 2014
January 2014
October 2013
July 2013
April 2013
January 2013
October 2012
July 2012
April 2012
January 2012
October 2011
April 2011

GARNISHED WAGES
The IRS can garnish your wages without first getting a judgment. Client #907 had 100% of his paycheck being garnished for five weeks until we stepped in and put an end to the garnishment.

LEVIED BANK ACCOUNTS
The IRS can levy your bank account on a day you least expect. Imagine a levy being placed on your account the day the mortgage or car loan is due. Client #1022 had his bank account levied on the day he was supposed to hand out payroll checks. We stepped in and prevented additional levies.

UNFILED TAX RETURNS
Failure to file an income tax return could be punishable by up to one year in prison for each year a return is not filed including fines. Client #810 had never filed a tax return until we stepped in and prepared all unfiled tax returns.

PAYROLL TAX PROBLEMS
IRS has held there is no real resolve for a business to continue to operate when it can’t pay its payroll tax liabilities. Client #750 could not pay his past due payroll taxes and remain in business until we stepped in and helped him restructure his business.

SET UP A PAYMENT PLAN
Establishing a payment plan, of course, may be the fastest and simplest way to pay outstanding tax liabilities, but this may still require some financial disclosure. Client #959 tried to establish a payment plan. The IRS reasoned he could afford to pay $$$ until we stepped in and established a much lower payment plan than the client could have received on his own.

SETTLE TAX DEBT FOR LESS
The process for settling IRS tax obligations is very formulaic. There is help for taxpayers who really need it. Don’t expect to settle a $100,000 tax bill for less when there is $200,000 in the bank! Client #555 owed $$$ until we stepped in and negotiated an offer of 11 cents on the dollar, which was accepted.