Tax Returns

IRS problems typically are rooted in your tax returns – be it errors, claiming invalid deductions, or not even filing a return in the first place.  Your tax return (or lack thereof) is often the seed the causes a tax problem to sprout and grow.  As such, we have created the following blog posts to discuss tax returns and the various aspects related to them – getting them right the first time, or amending and correcting your returns in order to get compliant and address any concerns from the IRS.

Tax Returns

Why Choose Steven Klitzner

I’m tax attorney Steve Klitzner. My practice is limited solely to representing individuals and businesses with IRS problems. And you’ve seen the commercials, and I’m just like those guys, except for one thing. I’m nothing like those guys, because I actually do the work.

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Lawmakers Can Now Decide to Pass Online Sales Tax Laws

The United States Supreme Court refused to hear a case brought by Amazon and Overstock.com challenging a 2008 New York law requiring online retailers to collect sales tax on purchases by New York State residents. The online retailers had argued that given the number of local jurisdictions with different sales tax rates, the law was overly complicated, unduly burdensome, and restricted the growth of online commerce. The law was upheld by New York’s highest court before the challenge was brought to the Supreme Court.

The Scope of the Decision

New York’s ruling went beyond a 1992 U.S. Supreme Court ruling requiring online retailers to collect sales tax in states where they have a physical presence. Under that rule, a retailer needed to have a physical store or office in a state to be required to collect sales tax. New York’s law included marketing efforts directed at a state and used affiliate marketing as a basis for establishing the company’s presence in a state.

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How to Prepare for Tax Season

Tax season is fast approaching, and so is the dread that goes along with it. While the tax code may seem like an endless collection of complicated regulations, lengthy forms, and confusing deadline, getting through tax season can actually be quite easy. All you need to do is carefully and methodically tackle each step of the process before moving on to the next step.

Gather Your Documents

While you can start planning for tax season in December or January, you won’t be able to come up with more than a rough estimate until February. This is because employers have until January 31st to issue the forms that state your final income — W-2s for salaried employees and 1099s for independent contractors. Until then, you may want to start gathering your receipts for charitable donations, business expenses, and any other deductions you plan to claim.

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10 Tax Tips: Don’t Make the Same Mistakes as Last Year

As tax season quickly approaches, many households across the country are beginning to gather up their relevant documents and plan their deductions. Filing taxes each year can be stressful. Errors can result in hefty penalties from the IRS and failing to properly document all deductions can cause people to have a much higher tax bill than they should. Here are the top ten tips to help people avoid making errors this year on their tax returns.

1. Consider Delaying or Accelerating Income to Achieve Desirable Tax Brackets

Those who know that they are going to be in the same or a lower tax bracket next year should consider delaying income, such as bonuses, until January to avoid extra taxes at least for this year

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What is a Federal Tax Lien?

I’m tax attorney Steve Klitzner. It’s my job to protect folks with IRS problems and to exercise their rights. Now a question that is often asked of me is, “What is a federal tax lien?” Part two to the question is, “How do I get rid of it?”

Well, first of all, a federal tax lien is what the IRS files in the county where you live that’ll protect their interest. If you have any assets or any property, it’ll attach to that property. It’ll also mess up your credit pretty good. Sometimes it can lower it by 75 to 100 points.

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