California tax attorney Jin Kim helps Modesto residents get out of tax debt and stop IRS collections. With flat fees and affordable payment plans, she has helped hundreds of clients resolve back taxes. In addition to her tax resolution practice, she also helps businesses and individuals navigate IRS audits. To learn more about your tax relief options call the Tax Law Office of Jin Kim at (916) 299-9913 for a free consultation.
Tax attorney Jin Kim has been helping clients eliminate tax debt for over 10 years. To learn more about her tax practice and how she can resolve your tax issues, call her office at (916) 299-9913 for a free consultation.
IRS Tax Resolution
Many well-meaning taxpayers fall behind on their taxes while others are assessed additional tax liability following an audit. However, instead of only owing the principal amount of arrears, the IRS quickly assesses interest and even penalties on back taxes. As a result, many taxpayers owe far more than they can afford. Fortunately, there are IRS tax resolution strategies available to almost every taxpayer.
Offer In Compromise
Some taxpayers can qualify for an offer in compromise. Through an offer in compromise, the taxpayer will pay only a sum equivalent to the reasonable collection potential rather than the full amount owed. The advantage of an offer in compromise is the ability to pay less than the full amount owed, whereas the disadvantages include the complexity of the process, payment of a percentage of the offer amount with the application, and tolling the statute of limitations.
Not everyone qualifies for an offer in compromise or can afford the cost. In practice, many taxpayers choose to pursue an installment agreement with the IRS. In exchange for ceasing collection actions, the IRS will accept repayment over a period of time. Installment agreements are a great way to resolve tax debt that cannot be discharged in bankruptcy or when the taxpayer has unprotected income and assets.
Currently Not Collectible Status
Indigent taxpayers may qualify for currently not collectible status (CNC) from the IRS. Once the taxpayer receives CNC status they will be protected from IRS collection methods such as tax levy and garnishment. Furthermore, the 10 year collection period will continue to run while the taxpayer is in CNC status.
Flat Fees & Payment Plans
Modesto tax lawyer Jin Kim accepts flat fees and payment plans for her tax resolution services. Whether clients need to secure currently not collectible status from the IRS or propose an offer in compromise, Jin Kim’s flat fees and monthly payment plans help clients achieve tax relief.
One aspect of Jin Kim’s practice that makes her fees more affordable than other Modesto lawyers is her acceptance of monthly credit card payments. Whereas other attorneys want a lump sum payment by check, Jin Kim can stop IRS collection for a down payment followed by a monthly payment plan by credit card. To receive a free consultation and flat fee quote call her office at (916) 299-9913.
IRS Audit Defense
Receiving notice of an IRS audit in the mail can be intimidating. In many cases, the IRS will be requesting documentation via a correspondence audit to substantiate the information in your return, such as claimed deductions and expenses. The fear and potential outcome is that the audit will result in additional taxes owed with interest and penalties. To avoid or mitigate this prospect, nearly everyone under audit by the IRS can benefit from experienced tax counsel. An IRS audit defense attorney can help you present substantiating documents and explore tax relief strategies following the audit
CDTFA Sales Tax Attorney
Businesses in Modesto must comply with a complex framework of federal and state tax regulations. For retail businesses, and other businesses with sales subject to sales or use tax, even minor errors in the calculation and withholding of sales tax can lead to disproportionate tax liability. In turn, these businesses may need assistance from a California tax attorney to create a workable tax resolution strategy that satisfies the California Department of Tax and Fee Administration.
Payroll Tax Relief
Many of our clients include businesses that have fallen behind on their employment tax payments. In brief, all California employers are obligated to withhold payroll taxes from employee paychecks and remit those funds to the IRS. In reality, some employers face business conditions that force them to use withheld payroll taxes for business expenses, of course with the full expectation that business will improve and payroll taxes will be repaid. However, in some cases, business does not improve and the IRS imposes the Trust Fund Recovery Penalty on the person responsible under the doctrine of responsible officer liability. When this occurs, the employer faces considerable tax debt, necessitating the engagement of a payroll tax attorney to secure a tax relief strategy that repays arrears while the business is allowed to continue operations.
You Don’t Have To Come To The Office
Due to the Covid-19 pandemic, we are offering remote representation via Zoom and our online client portal. All free consultations are being conducted by Zoom or phone. In addition, clients can upload documents and view their entire client file online through our online client portal. If you want to learn more about our remote options call our firm at (916) 299-9913 for a free consultation.
- What is the Trust Fund Recovery Penalty? - August 25, 2022
- CDTFA Notice of Levy - August 8, 2022
- The Statute of Limitations on Deficiency Assessments - June 2, 2022