Taxes, the subject everyone loves to talk about. It may be a touchy subject, but it is a necessary one. The filing of your taxes is one of the important things that you have to do every year. Some choose to do them themselves, while others prefer to leave it to the professionals. The staff at Tax Credit Institute are knowledgeable and capable of informing you of everything that you need to get your taxes filed.
Our company has been in business for over 30 years helping people through their tax problems. Tax debt is a very serious problem to have and can bring a lot of stress and feeling of being overwhelmed. We want to find the right ways to help you get back on track and filing and paying taxes on time.
What Are Federal Taxes
You will see the effects of federal taxes in many different areas. These taxes are taken out on a variety of different things such as:
- Sales Tax
- Estate Tax
- Property Tax
- Gift Tax
- Income Tax
- Payroll Tax
- Excise Tax
You don’t pay taxes all at once, they are deducted in different ways. Some come through your monthly paychecks and others are charged when you buy groceries. All of these are taken out to have you put in your part to contribute to the government. The money that is withheld is used in many different ways to support the people of America. It is used for schools, roadways, and healthcare to name a few.
What Services Can We Can Help You With
Many people prefer to let a tax professional handle all of the financial withholdings. This can make sure that you are taking advantage of all avenues offered to you and that no major mistakes are being made. At Tax Credit Institute our staff has the ability to help you with all of your needs. Some of the services that we can offer to you are:
- Wage Levy
If you are behind on our taxes or if you haven’t paid your taxes, you may have a wage levy put on you. This is where the government can directly take the money from you that you haven’t paid. They will go straight through your employer to do so.
- Tax Lien
When you owe the government money, they can put a lien on the property that you own. What has happened is, they have taken this property in lieu of nonpayment, and when you pay what is owed, the lien will be removed.
- Back Taxes
Every year when you file taxes you are either going to come out even, needing to pay, or receiving a refund. If you are someone who was needing to pay and didn’t, then you owe what is called back taxes.
- Tax Relief
When you owe the government money, most likely you are going to get a lot of mail telling you what you owe. Ends may not be meeting and you are overwhelmed financially with the situation. Our office can give you your options for relief or exemption.
- Tax Returns That Are Unfiled
Whatever the reason is that the returns were not filed, we can work with you. Helping find a solution to the problem that you are facing.
- OIC Programs
Just know that there are options out there to help you get through this difficult time. Talking with us about your situation and allowing us to show you the options there are available will benefit you.
When any of these circumstances arise and you find yourself dealing with them, you may be in need of professional advice and services. You wouldn’t want to leave any loose ends undone by accident. The professionals at our office can help you in all the ways we know-how.
When Do You File Your Federal Taxes
Come the first of the year, employers all over are working hard to get W2, 1099, 1040, W4, and all other types of tax forms ready. By the first of February people will be receiving their forms to file their taxes. While some people choose to file right away, you do have a little while to get it done.
Depending on the way that you file, there are papers and important components that need to be gathered before you are fully ready to file your tax returns. The official date that the government has for taxes to be filed is April 15. You are able to file extensions if you are not able to get them done by then.
Do You Need Legal Help or Professional Assistance
Falling behind on taxes or not paying your taxes, can leave you in a pretty big situation. A stressful and overwhelming situation. You may be trying to decide if you need legal help or just professional help from a tax consultant.
The ideal thing to do is contact a trusted tax company such as Tax Crisis Institute, and get some advice on the best route for you to take. In most cases, it is found that you do not need an attorney, but some professional insight is beneficial. Reach out to us and find out how we can assist you.
Let Tax Credit Institute Help You
Everyone has a story and everyone has their reasons that they have fallen upon tax problems. Whatever the reason is, don’t fret, we are here to help you through the situation. We will help to make sure that you are not caught up paying a lot more than needed. If you are near once of our many locations, call us today and make an appointment to consult with one of our professionals.
Tax Crisis Institute has been a tax relief leader for over 30 years. When you work with the Tax Crisis Institute, we’ll make sure you don’t pay anything more than you owe!
We currently service Bakersfield, Los Angeles, Orange County in California, and Las Vegas in Nevada.