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Which IRS Programs You Qualify For
How Much You Can Legally Avoid Paying
Exactly What Steps to Take Next

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Here's How the Process Works:

Free Initial Consultation and Financial Analysis

15 Minutes - We will go through your entire financial situation, step-by-step and see what programs you qualify for, determine how we can help, and answer any questions that you may have.


Research & Investigation

4-7 Days - Using the Power of Attorney, we will work with the IRS to determine what evidence they have against you (without disclosing anything), so we can create a plan of attack.


Fight for the Best Resolution

1-3 Months - After learning exactly what they have against you, we will negotiate with the IRS on your behalf, removing all the penalties we can, and fighting for a great settlement for you.



Forever - Once your tax burdens have been lifted, you can go on living your life again! You will finally be free of the burdens chasing you, and can start fresh with no tax debt!

Our team of legal experts can help you finally get relief

Highly Experienced Waterloo Tax Lawyer

Are you in Waterloo and need help? Our firm is ready to talk with you now!

One of the main difficulties that most Waterloo citizens run into in relation to IRS back taxes is feeling stressed and overwhelmed concerning the money that they owe. With the IRS sending threatening letters and notices, revenue officers, and even taking away cash, property and assets, it may be a very chilling experience.

We believe that no one should need to go up against the IRS alone anymore.

It’s merely not fair what they get ordinary tax payers through, and we believe they should not get away with it.

That is why, for a limited time only, those who are having trouble with back tax debt in the state of Iowa, but more specifically Waterloo may qualify for a free 7 Day Free Trial of all our tax relief services. That means you do not pay a penny for the total use of our experienced team for a complete week.

30 Day Money Back Guarantee that’s on the very top of our no questions asked.

What are you waiting for? The longer that you put it off and wait, the more fees and interest costs the IRS will tack on to the amount that you simply owe. Take actions and call our Waterloo team a call today to get started!

Give our Iowa team a call now!

Quit letting penalties and interest costs eat up all of your money, and let our Iowa fee abatement system help.

Once the IRS hit you or your Iowa company using a tax bill, it generally adds penalties and interest fees. These additional costs may be horrendous such that an old tax bill could have double in fees and interest pinned onto it. Some penalties, like late payments, they can be included automatically by IRS computers.

The Internal Revenue Service supposes they are acknowledged by you should you not complain once penalties are inflicted. Fortunately, a fee can be confiscated by the IRS just as straightforward as it included one. The key to the realm of the tax penalty relief is demonstrating a practical reason for your letdown to mind with tax law.

The quantity of distinct tax code fines is staggering. Below are some of the fees that IRS will tack on to the debts of people who’ve not filed their tax debts that are overdue.


The IRS will impose a 20 % penalty on you if you significantly minimized your taxes or were negligent. This precision-related fine is employed when you are unable to establish a tax write-off in a review, or you didn’t submit all your income as well as it is learnt by the IRS.

Civil deception:

In case the IRS finds that you were not reported your income with a deceitful intention, a fee 75% can be attached.

Delayed Payment:

Usually, the IRS will add a penalty from 0.25 % to 1% for each month to an income tax bill, which is not paid punctually. Fines for failing to make payroll tax deposits are considerably elevated.

Not Filing on time:

The IRS can fine you an extra 5% per month on any outstanding balance, if you didn’t file your return punctually. However, this punishment might be implemented only for the first five months following the due date of the return, equivalent to a 25% higher cost. The IRS can nevertheless impose lesser punishments, when there is no outstanding balance.

Knowing the reason and the way you were strike by the IRS with fines, you can demand that they removed or be abridged. The IRS name for this particular procedure is called an abatement. About one-third of all tax fees are finally abated, and even it will not be less should you know the ways to fight them.

Merely advising the IRS that you cannot actually afford to compensate it, or do not enjoy a penalty, will not work. You need to demonstrate sensible cause, which means a supplication that is good. Based on the IRS, any sound cause advanced as the reason for postponement by a taxpayer in filing a return, making deposits, when owed will be cautiously examined, or paying tax.

Ways to request for interest abatement and an IRS penalty

Submit your request for abatement in writing, following a filled up form, once you get a tax notice with tax fees, but be brief and clear cut.

Enclose these documents with your written request.

  • Letter from a registered medical practitioner, describing your state that prevented you from filing your tax return punctually.
  • Death certificate substantiating the bereavement of your blood or close relations.
  • A detailed report from the fire division if your property is damaged because of fire.

What to Do Now

For those who have been imposed fees by the Internal Revenue Service, there are a few productive and easy ways to get your tax fines or interest condensed or eliminated totally. We have been in the business for many years and we’re dedicated to offer our customers a professional IRS fee and interest abatement service in a legal manner. Contact us today to solve your tax problems all and the associated fees imposed on your Waterloocompany or on you by the Internal Revenue Service.

A bank levy may be taken out within 24-48 hours, but only in the event you act fast and let our Waterloo team help you

Bank levies are charges levied on your Waterloo bank account when you’ve got outstanding tax debt. Regrettably, the procedure is consistently rough. Generally, the institution ends up freezing all the money that is available in a specified account for a period of 21 days to take care of a man’s or a business’ tax obligation. During the freeze, you cannot get your cash. The only chance of getting them at this stage is when the interval lapses, when they’re unfrozen. Preventing the levy lets you access your resources for matching other expenses.

When and Why Levies Get Applied

The IRS bank levies are applied to your account as a last resort for you to pay taxes. It occurs to people in Iowa that receive many evaluations and demands of the taxes they owe the revenue agency. Failure to act within the legal duration of a tax obligation leaves no choice besides to proceed for your bank account to the IRS. This occurs through communication between your bank as well as the Internal Revenue Service. If you are unaware, you will find that on a specific day. For intending to levy along with a notification about your legal right to a hearing bank levies follow a closing notice. In summary, the IRS notifies you of the pending bank levies. The IRS can just require money that was on the date a levy is applied in your bank when used.

How to Get Your Levies Removed in Waterloo

There’s a window of opportunity for you to use to eliminate bank levies from your account. Getting professional help as you take measures to safeguard your bank assets is a wise move that you ought to take. With a professional service helping out, it will be easy for you to know when to take your cash out of the bank. You can certainly do it by getting into an installment agreement. Finally, you can go for ‘offer in compromise’ as a way to get tax forgiveness.

While the alternative sound simple, they may be extremely complicated to carry out. You need to act quickly, have the resources to do so, comprehend every aspect of the law and deal with associated bureaucracies imposed by banks and the IRS. The smart move would be to phone us for professional help by means of your IRS scenario. We have skills and experience that have made us a number one choice for lots of folks. For more details and help, contact us for partnered tax professional support.

Has your business run into issues with outstanding payroll or business taxes? Our Waterloo company can help.

The IRS is a formidable collection machine for the government, and when your Waterloo company has dropped into IRS or Iowa company tax debt, they are going to gather. So, if your business has overdue taxes like payroll tax debts there’s no need to scurry for cover (and remember – never conceal) even in the event that you know little or nothing about coping with IRS company tax debts. There are experienced professionals prepared to help.

Un-Paid Payroll Tax Filings

The Internal Revenue Service looks at payroll tax – taxes imposed on companies and employees – from two viewpoints:

  • (a) Taxes a company pays the IRS based on the wages paid to the employee (known as withholding tax’ and is paid out of the companies own funds) and
  • (b) A portion of wages the company deducts from an employee’s wages and pays it to the Internal Revenue Service.


Repayment Schedule

The program of these payments depends upon the average sum being deposited (based on the look back period’ – a twelve month period ending June 30). This payment schedule can be monthly or semi weekly.

In case you are a brand new business and did not have some workers during your look back period’ or in case your total tax liability is up to USD 50,000 for your appearance back interval’, you must follow a monthly program. Your payroll taxes should be deposited by the 15th of the month following the last payday.

In case your payroll tax liability is less than USD 50,000 you’ll have to follow a semi-weekly deposit schedule. You may fall into a payroll tax debt, in the event that you fail to pay your taxes on these days. You need to seek the services of tax professionals to direct you through this maze of processes and keep from falling into payroll tax debt and give a wide berth to substantial penalties.

Dealing With Unpaid Tax Debt

Revenue collected through taxes including payroll tax are spent on capital programs such as; health care, social security, unemployment compensation, worker’s compensation and at times to enhance local transportation that takes many workers to and from work.

When you need to take care of IRS tax debts, it truly is utmost important to keep in touch with your IRS officials – never avoid or conceal from them. Most IRS penalties contain a compounded rate of interest of 14% this can turn a business turtle in a very brief time, so dealing with IRS business tax debt it predominant.

How a Professional Waterloo Tax Expert Can Assist

Being in an IRS business debt situation is serious. You may have time on your own side since the IRS is slow to begin processing your account, but when they gain impetus things get worse for you. Nevertheless, you are not helpless. There are procedures you may be eligible for that a Iowa professional can use his good offices with the IRS to assist you over come your business debts.

Amongst others, you are in need of a professional’s help, if you haven’t learned of an Offer in Compromise, Tax Lien Interval, Uncollectible Status and Insolvency. Waste no more time, get in touch with us now to get out of business tax debt and save your business from closure.

Ultimately put a conclusion to the revenue officers showing up at your home or company

What is a revenue officer?

Agent or an IRS official is an average visitor to daily life or your Iowa business. Getting a distinction between the two is very important for you to understand how to deal with each. An IRS representative has the principal role of auditing tax returns. They send notifications regarding impending audits via email. You can either go to local IRS office when you get an e-mail from IRS agent or an agent comes over to your house or business to audit returns.

More complex tax issues are dealt with by an IRS officer on the other hand. For instance, whenever an IRS representative finds that you have not paid taxes on a particular source of income, your case is called IRS officer. Hence the primary occupation of an IRS official will be to handle back tax liability or a tax debt.

The Internal Revenue Service assigns you a revenue officer in these situation:

Inability to Collect Tax Payments

When the IRS has failed to collect taxes from you using the regular channels like notices, levies, telephone calls and emails.

Un-Filed Back Tax Returns

When you’ve got a reputation of not filling taxes.

Like payroll taxes when you fail to pay particular form of taxes.<?p>

Huge Tax Debts

When your tax liability is significantly large, a standard amount being 25,000 dollars or more.

Law mandates recall IRS revenue officers to undertake measures to recover the taxes. These measures repossess wage garnishments or property, freeze assets, impound and can include dilemma levies. Expect these officers to appear at your residence or area of businesses sudden or without previous communication. In rare cases, the policemen might call you or send you emails summoning you to their offices. Attempt to cooperate with them to prevent further complicating your case and attempt to pay you over-due taxes to the extend your income can accommodate. If your case is complicated or the tax sum demands you to workout a plan to pay, you’ll need the services of legal counsel.

What You Should Do if you Face {a Revenue Official|an IRS Revenue Officer

When you are not able to settle your debt immediately, the IRS officer might request some documents and financial records. Filling these forms should be done correctly and accurately therefore the services of an attorney are needed. If you fill the forms wrong whether knowingly or unknowingly, the IRS can use this against you and sue you for tax evasion. Consequently, as soon as you get these forms, the very first thing to do would be to telephone legal counsel.

In the event you are given tight datelines, an attorney is able to certainly negotiate and get you a more adaptive one. Remember, there are several choices that may be offered by the policeman. A common one in case related to payroll overdue would be to assess and assign you a recovery penalty trust fund. For this to happen, an interview must be run to ascertain who is the actual perpetrator between an individual along with a business and having an attorney during this interview in Iowa is a matter of necessity.

For those who have failed to pay your taxes for a few years, our Waterloo team is able to help you get back on course.

Have you ever forgotten to file your back tax returns for several years? We can help.

The W-2S and 1099 forms you receive for every tax year are necessary when filing your tax returns that are back. In the event you’re eligible to deductions and credits; you will need to gather any other supporting document that can prove your eligibility to the claim.

IRS will provide you with a transcript including the info that you should file your tax returns.

Additionally, you need to file your back tax returns on the original forms for that tax year. Begin by searching the IRS website for them. After you have assembled all the important documents, double check to ensure that you’re using the instructions related to an identical tax year returns are filling for. Tax laws are constantly changing and using the wrong directions may need you to start the filing procedure once more. Finally, you should submit all of the forms to the Internal Revenue Service through the address given.

What to Do With Un-Filed Tax Returns

In case you have some additional income tax for the preceding years, you must contain as much payment as you can. This way you’ll reduce interest costs accumulation. Unlike the tax penalties which stop to accumulate once they’re at the maximum, the monthly interests continue to collect until the tax has been paid by you. After your tax returns have been received by the IRS, they will send you a notice of the precise amount you must pay as a fee and rate of interest.

If you are not able to pay your tax returns in full, you may need to work with all the Internal Revenue Service. Nevertheless, you should note that back taxes and the past due debts, can decrease your federal tax refund. Treasury offset application may use any federal or state debt that is unpaid to settle.

It might use your complete tax refund or part to pay some debts which include delinquent student loans, parent support, and unemployment compensation debts. If you have filed tax returns jointly with your spouse you may have the right to the whole cancel or component.

The law prohibits IRS from using levies/liens in collecting individual shared responsibility payments. But in case you owe any common duty payment, IRS can cancel the obligation against tax refund due to you.

What You Should Do If You Have Back Tax Returns

You can consult our BBB A+ rated Waterloo tax law company for help for those who have not filed your back tax returns for many years.|} Our crew of specialists in Iowa is always prepared to assist you solve your issues and in addition they’re always prepared to answer your questions.

Other Cities Around Waterloo We Serve


Waterloo Instant Tax Attorney

531 Commercial St, Waterloo, IA 50701

(515) 604-8041

Customer Rating
Services / Problems Solved
Removing Wage Garnishments
Getting Rid of Tax Liens
Removing Bank Levies
Filing Back Tax Returns
Stopping IRS Letters
Stopping Revenue Officers
Solving IRS Back Tax Problems
Ironing out Payroll Tax Issues
Relief from Past Tax Issues
Negotiating Offer in Compromise Agreements
Negotiating Innocent Spouse Relief Arrangements
Penalty Abatement Negotiations
Assessing Currently Not Collectible Claims
Real Estate Planning
Legal Advice
Tax Lawyers on Staff
Steve Sherer, JD
Kelly Gibson, JD
Joseph Gibson, JD
Lance Brown, JD
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Can Tax Debt Be Included in a Chapter 13?

A tax debt will likely be treated in Chapter 13 bankruptcy depends on whether it's a precedence or non-precedence tax obligation. Precedence tax debts aren't dischargeable in bankruptcy and also you must pay them off in full through your Chapter 13 repayment plan. In contrast, non-priority tax obligations are treated the same as your other general unsecured debts (like charge cards and medical bills) and wiped out when you get your discharge. Thus, you can not eliminate them merely by receiving a discharge and filing for bankruptcy. Should you file for Chapter 13 bankruptcy in Waterloo, you should pay off your priority tax debts in full through your repayment strategy.

How Much Do Tax Attorneys Charge?

Normally, most capable and reputable tax lawyers will bill their clients on an hourly basis for all services rendered. This can generally be an hourly fee of between $200 and $400. Usually, a tax attorney will require that a prepayment, which is called a retainer is made by their client. This retainer will be a prepayment based on the number of hours that your tax lawyer believes they'll be working on your own behalf. As the work nears conclusion, this hourly fee will be deducted from the retainer. If the money held in the retainer is used up before the task is completed, the tax attorney in Waterloo will typically bill you for an additional payment.

How Do You Get an Offer in Compromise?

You'll locate step by step instructions and all of the forms for submitting an offer in the Offer in Compromise Booklet, Form 656-B. Your finished offer bundle will include: Form 433-A (OIC) (people) or 433-B (OIC) (businesses) and all necessary documentation as specified on the forms; Form 656(s) - person and company tax debt (Corporation/ LLC/ Partnership in Iowa) must be submitted on separate Form 656; $186 application fee (non refundable); and First payment (non refundable) for each Form 656. Pick a payment option. Your initial payment will vary based on the payment option and your offer you select.

Are Tax Lawyer Feeds Tax Deductible?

It is generally rare to take tax deductions from the lawyer's fees. The rule of thumb is simple enough: You can deduct your Waterloo attorney's fees you pay for when you are trying to produce or collect taxable income, or to assist in deciding, gathering or getting a refund of any tax. In simple terms, you can take a tax write-off if you want a lawyer's help to make money you need to pay taxes on, like representing you in an IRS audit, or if a lawyer helped you with a tax issue. In the event the legal fees are linked to taxes or taxable income, a tax write-off can be taken by you.

Does a Tax Attorney Need a CPA?

Tax attorneys specialize in the minutiae of the Internal Revenue Service tax code. They offer advice on complex legal issues, especially in the areas of tax disputes, estate preparation, trusts, and business tax law. Attorneys are powerful negotiators who examine case facts in light of the law and construct arguments that best support a desired position. They may use the court system in ways that offer leverage in resolving tax cases in Iowa. Some tax lawyers help prepare your tax returns for a premium; tax attorneys aren't accountants and are scarcely involved in filing taxes with the IRS, however. Thus, they might want a CPA planning ahead for future tax years and when maximizing deductions.

Does Tax Debt Go On Your Credit Report?

Owing the IRS a huge tax bill doesn't automatically change your credit report. But how you choose to pay your taxes does, and your credit may be impacted by unpaid taxes too. For instance, if you owe $10,000 or more the IRS will automatically file Notice of Federal Tax Lien, which will appear on your credit reports as a seriously adverse piece. (It's in the exact same group as a repossession or court rulings in Iowa.) State or local taxing authorities might file tax liens. It may restrict your capability to get credit once the IRS files a Notice of a Federal Tax Lien against you. And if you file for bankruptcy, your tax debt and lien may continue.

Can I reduce my Tax Debt on My Own?

While you can try and solve you tax problems in your own right from your house in Waterloo, it's advisable to leave it up to a tax professional. In case you were having a leak in your plumbing in the middle of the night, and also your basement was flooded, the best approach to solve the issue rapid is to call an expert. The very same thing applies to tax problems. Save money yourself the time and hassle of trying to figure it out yourself, and simply leave it up to our Iowa tax specialists.

What should I Do if the IRS Rejects my Offer in Compromise?

In the event the IRS rejects your offer in compromise, you need to place the following documentation set up and be prepared to make an application for an appeal concerning the offer in compromise: The 30-day letter rejecting the OIC; Worksheets that came with the rejection letter; Form 656, Offer in Compromise. Form 433-A, Group Income Statement for Wage Earners and Self-Employed Individuals that you submitted to the IRS with your Form 656, Offer in Compromise. You need to take note that throughout the self-help tool, where a Form 433-A or 433-B is mentioned, the Form 433-A (OIC) and 433-B (OIC) may also be utilized.

Does Tax Debt Affect My Credit Rating?

Your lender reports the neglected payment to the credit bureaus when you don't pay a commercial debt, such as a loan obligation. A tax debt isn't a cause for instant panic since federal law prohibits the authorities or Iowa from reporting your tax debt to the credit reporting agencies. Should you not make arrangements to conclude your tax debt, nevertheless, your state (Iowa) and federal governments have the right to file a tax lien against you. A tax lien provides the government the right. As such, it will show up on your credit report hence this can impact your credit rating.

How Can I Get My Tax Debt Forgiven?

This is the process the IRS uses to immobilize the collection account. The bureau stops in order to provide you with time to get back on your feet, any efforts to enforce collection. While it's not a long-term fix to your Iowa tax issue, it does help greatly by ceasing wage levies, bank levies and property seizures. To obtain standing that is uncollectible, you should file a financial statement on Form 433A for people, and Form 433B for businesses. The financial statement reveals the IRS that all the money you make is needed to supply necessary living expenses for your family.