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    Testimonies

My payroll department notified me that my wages were being levied; I called IRS, they told me I could have a payment plan, but I had to file my 2002 and 2003 tax returns first......TWT called IRS found out what needed to be done and the  payroll check the first of the next month was a full check.  TWT - helped me with the paperwork to get my back taxes filed and the paperwork completed for the payment plan

 Terrell B..Oakland, Ca

My mother has passed away and I just never got around to filing the taxes.  I became the guardian to two young boys that my mother had kept as foster children and then later adopted.  Here I was, a small health service business, my mother gone and two young children to raise.  I called TWT and asked them to help me get my taxes straighten out.  TWT took charge, and filed 3 years of back taxes. Because I was legally head of household and my small business did not make that much, I was able to get EIC.  IRS sent me three large checks and I have been with TWT every since.

      A. S. ......Berkeley, California.

 

 

 

 
  

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Offer in Compromise

IRS usually will NOT settle with you via an  Offer in Compromise if you have assets of any kind.  Regardless of what you hear on TV or the Radio - IRS can and will wait for payment, if assets are involved.  And the penalties and interest keep occurring. OICs are best handled by Enrolled Agents and Tax Attorneys

12 Tax Loopholes

Example:  Health Insurance for Family Members

If you are a sole-proprietor  of a home based business and you  hire your spouse as your "employee" (doesn't matter if they answer the phone, or keep the living room dusted) and provide your "employee" a health insurance package. This insurance would cover his/her entire family (you too)  The health coverage would be 100% deductible.

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  • File Your Back Taxes! - Today.  In many cases, problems with IRS can be resolved just by filing your back taxes and  requesting a payment agreement.  IRS will not implement a payment plan until ALL previous years tax returns have been filed.

 

 

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