Archive for October, 2009

24
Oct
09

ZAFAR & ASSOCIATES – LLP

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Full Service Domestic, International, Business and General Practice Law Firm in Lahore, Pakistan

Main Office
Kapoorthala House, Lake Road
Lahore 54000
Pakistan

Phone: +92 42 7324429 / 7229532 / 7237305 / 7315604
Fax: +92 42 7228831

Website:  zallp.com
Main Email Address:  Send an email
Main Contact: Dr. Ilyas Zafar
Continue reading ‘ZAFAR & ASSOCIATES – LLP’

24
Oct
09

Andrew Feldstein & Associates

47376

Toronto Family Lawyers – Divorce, Separation, Child Custody, Access, Support

20 Crown Steel Drive
Suite 10
Markham, Ontario L3R 9X9
Canada
Phone: (905) 415-1636
Website:  www.separation.ca

Main Email Address:  Send an email
Main Contact: Mr. Andrew Feldstein

Continue reading ‘Andrew Feldstein & Associates’

24
Oct
09

Francello & Van Benschoten

65255

Elder Law & Estate Planning Lawyer in Hudson Valley, New York

4 West Bridge Street
Saugerties, New York 12477
USA
Phone: (845) 247-5356
Fax: (845) 246-3657

Website: www.saugertieslaw.com

Law Firm Overview

Francello & Van Benschoten is a Hudson Valley, New York, law firm focusing on the needs of individuals and families needing legal assistance in the broad area of elder law including estate planning, probate, guardianships, long-term health care planning and asset protection. Whether you are seeking an attorney to help with the affairs of a loved one or you are interested in creating your own estate plan, we offer the experienced and strategic legal representation you need to protect your rights and security into the future.

We have significant experience in assisting our clients in creating wills and trusts, asset management, file for guardianship, and take action to ensure financial security into the future. We are diligent and detail oriented, making sure that all paperwork and documents are completed and filed correctly. From naming the executors of living wills and trustees of estates to coming up with a plan that maximizes the inheritance of your beneficiaries, we will tailor a plan to your needs. Continue reading ‘Francello & Van Benschoten’

24
Oct
09

DiCampli, Elsberry & Hunley, LLC Tucson, Arizona

65690Family Law and Divorce Attorneys in Tucson, Arizona

100 N. Stone Avenue
Suite 908
Tucson, Arizona 85701
USA
Phone: (520) 624-4880

Website:  http://www.familylawtucson.com

Law Firm Overview
At the Law Office of DiCampli, Elsberry & Hunley, you can trust us to meet your legal needs. With our expertise and years of legal experience we will give you the representation that you deserve. Continue reading ‘DiCampli, Elsberry & Hunley, LLC Tucson, Arizona’

24
Oct
09

Biancheria & Maliver, P.C

65357Medical Malpractice Attorneys in Pittsburgh/Erie/Greensburg/Johnstown, Pennsylvania
401 Wood Street
Suite 1600
Pittsburgh, Pennsylvania 15222
USA

Phone: (412) 567-5433
Fax: (412) 394-1331

Website:  http://www.bem-law.com/

Law Firm Overview
At the Pittsburgh law firm of Biancheria & Maliver, we represent plaintiffs in medical malpractice cases involving severe or fatal injuries to the patient. Dr. Deborah Maliver’s prior career as a practicing physician gives our clients a significant advantage in the proof of your claims and in the recovery of the full extent of your losses due to medical negligence. For a free consultation and case evaluation, contact one of our attorneys.

Continue reading ‘Biancheria & Maliver, P.C’

24
Oct
09

My Tax Tutor For Home Based Business Owners Can Save You Two Thousand Dollars

The number of entrepreneurs is always growing in recent years. Many corporations are downsizing. As a result, more and more people are starting and running a home based business. You will find people in free lance work, catering, Internet marketing, dog grooming and many more.

Everyone that earns money will eventually have to pay taxes. Entrepreneurs are faced with figuring out what taxes are owed on the money that they make in their home based business. Some of these owners turn to accountants to figure out the tax information for them. Other owners are searching for answers all over the Internet and other places. Figuring out the amount of tax owed for home based business income can become overwhelming and extremely intimidating.

There is an excellent eBook on the market called, “My Tax Tutor for Home Based Business Owners”. The author of this book is Joni M. Becker, CPA. Her goal is to provide entrepreneurs with the answers to many, many questions that arise when trying to determine what taxes are owed on the money made from the home based business. Her approach is to educate readers about the possible business deductions that can be taken when filing taxes. Her eBook, “My Tax Tutor for Home Based Business Owners”, puts the responsibility of tax filing and understanding in the hands of business owners instead of them having to completely rely on a hired accountant or book-keeper to do the job for them.

It is amazing how many home based business owners are paying incredibly high amounts of additional taxes. Money is being tossed at the government to keep and use that actually belongs in the pockets of entrepreneurs. The primary reason that taxes are being over-paid is because entrepreneurs and their accountants are not aware of all the tax deductions that can be taken. Tax deductions mean that these owners would have been paying less money to the government.

Most importantly, the information provided by Joni M. Becker, CPA is not a set of secrets or tips that must be kept hushed because they are loopholes and not legitimate. The information that Joni M. Becker, CPA teaches in “My Tax Tutor for Home Based Business Owners” are legal and real deductions or tax saving information that entrepreneurs with home based businesses can use each year. The information is presented in plain language that the average person can understand and benefit from. There is a ton of information packed into the eBook.

The only word of caution to offer potential buyers is to check the state level taxation laws of your area to make sure that all the tips and deductions are accurate. Tax laws change quite frequently. One can simply inquire with the IRS if a certain deduction is allowable or not.

Joni M. Becker, CPA is so confident about her eBook, “My Tax Tutor for Home Based Business Owners” that she offers a complete refund if readers are not happy with the eBook within 56 days. Additionally, she claims that she can save buyers a minimum of two grand on their taxes. With all the information and the guarantee, “My Tax Tutor for Home Based Business Owners” should be an excellent investment for the money.

24
Oct
09

Tax Debt Attorneys Can Reduce Debt By As Much As 95%

Here we discuss the history of tax debt and the role of a tax debt attorney. The Roman Empire during the 3rd Century B.C. launched several policies which eventually corrupted and destroyed whatever good was accomplished before then. They found that they lacked the number of bureaucrats to collect the necessary taxes owed to the Republic and so decided to outsource debt collection to private agencies. In 2006 the U.S. Congress authorized the IRS to outsource the collection of tax debt, a debt which is now in excess of $280 billion. The IRS decried the fact that they lacked the necessary personnel to carry out the successful recovery of these debts. This decision to outsource tax debt was criticized for several reasons. One reason is that these outside collection agencies have been given a 25% finder fee on every debt. Another is the rather sloppy protection of citizens’ privacy rights under state law which has been abysmal for a number of years. Having the misfortune of working for a collection agency for a short time I remember that the state laws allowed excesses which are said not allowed at the federal level. We could call a client’s residence from 9:00 AM to 9:00 PM, charge an excess of 258% interest on payday loans, call a client’s workplace and should it be necessary talk with a client’s relatives.

It has been more disconcerting that this bill passed Congress without any adverse public press but a bill that gave Homeland Defense electronic surveillance rights against alien illegal terrorists gained the highest criticism when it was due for renewal. However other agencies and legal firms have been active in preparing a fallback for those with serious tax debt problems. Local attorneys specializing in tax debt relief can force the IRS and any outsourced collection agency to halt all liens and collection activities by requesting a timely collection relief request. They can review the case and have those liens, garnishments and other collection activities lifted if they can prove that the tax was not owed or that the collection period had expired. These are simple things which a tax debt attorney can do but a client cannot.

Another agency has become more active, the United States Tax Relief Agency. It has been created to protect the citizen’s mandated rights; the staff of this organization can stop garnishments and tax levies. It claims to be able to reduce tax debt by as much as 95%.

Other attorneys while specializing in tax debt collection have the weight of their practice in negotiating tax litigation for criminal cases, involving tax evasion and fraud. These are usually attorneys with standing before the U.S. District Attorney and are experienced and able to negotiate both terms of recovery and sentencing. These latter abilities fall under the category of offers in compromise.

Last I would direct you to the Taxpayer Advocate Service of the IRS at telephone number 1-877-777-4778 where you can get real help for any unresolved tax problems. The service is free if you are in serious economic trouble, incur large expense or have had a response missed by the IRS.

I earlier mentioned that there were several things done by the Romans that eventually destroyed them. One was outsourcing federal taxation. The second was the creation of the slave class and the third was the eradication of the middle class. Seems that we are well on our way to walking in their footsteps.

24
Oct
09

Attorney Tax Relief For U.S. Citizens

Attorneys in America provide a legal means to subrogate or even abrogate totally, corporate or individual tax liens. They comprise the tool of the attorney tax relief for the citizens of the U.S.A. Throughout the USA and the world there is a special breed of attorney only dealing with tax relief and arbitrate solely with the IRS. They focus only on those cases where the customer believes that they have been unfairly assessed an onerous tax, where a client cannot pay a tax lien because of extenuating circumstance(s), one that has been the victim of fraud and those who have been misfortunate to have substandard accounting and legal representation.

One has only to read the tax law to see that penalties exist for not filing a return, not filing a correct return and penalties in the form of monthly interest on the total tax due. The IRS charges these penalties from the time that the tax is due, regardless of any time extension. If you file your income tax return late, the penalty is 5% of the monthly income tax due, unless you have a valid reason. This should be attached to your tax return. The penalty can be as high as 25% of the total tax due. Should your income tax return be found to be fraudulent you will be fined 15% per month and even as high as 75% a month of the total tax due. If you file your return but haven’t paid the income tax the penalty is usually ½ % of 1% of the total tax due per month. However, if your return is only 60 days late your maximum fine can be whichever of the following two is less; $100 or the amount of tax you owe.

These are the issues that an honest business may have to face but there are substantially higher penalties for frivolous returns, negligence, fraud, willful understatement of income and financial transactions. Willful failure to misstate, inaccurately file or fail to file income tax returns can and will merit criminal penalties. These facts are stated to emphasize the necessity for tax payer representation and a legal means to achieve redress and relief. There are free avenues for appeal and assistance. The first one is to appeal to the IRS for relief and assistance. Other resources are the Taxpayer Advocate Service which is a group of tax professionals within the IRS who will help you with your unresolved tax issues. Respondents qualify for this service if they are experiencing significant cost or economic harm; experienced a delay of thirty days or more in resolving your tax issue and if you have not received a response from the IRS on the date promised.

If these resources do not meet your need, you can for a small administrative fee $25 – $50 have a county legal service assist in locating affordable legal service for your tax relief appeal or one which accept your case pro bono. Otherwise, you can use your own funds to find representation on the internet or through the local yellow pages.

24
Oct
09

US Income Tax Law Requires Yearly Income Tax Statements

The existence of U. S. income tax law is backed by the 16th Amendment of the U. S. Constitution. This means that the right of the United States of America to tax individuals, businesses and corporations was first ratified by Congress. This required a 66% approval by both houses, the House of Representatives and the Senate before it was presented to the states for approval. Before it became an amendment it had to have 100% approval of all the United States of America. So when the 16th Amendment passed in 1913 it was the law of the land, a fact that the ‘no income tax’ individuals should consider.

The present U. S. income tax law, Title 26 of the United States Code, is a direct descendent of that amendment. It requires that individuals and corporations fill out and send an income tax statement yearly that describes the gross income that they have derived from all sources and the taxes that have been paid. Corporate income tax is more complicated than that of individual citizens and requires the assistance of CPA’s and tax attorneys. The states of America may not have an income tax but every citizen of the U.S.A., with a few exceptions mentioned in 26 U.S.C. 61 must file a tax return.

Study of the US income tax law should first begin by studying the federal reference materials. These are the U.S. Constitution, particularly Article I, Section 8 which empowers Congress to tax; the 14th Amendment which identifies individual income; and the 16th Amendment which authorizes income tax. Included with federal reference materials are federal statutes (U.S. Code: 26 U.S.C. – Internal Revenue Code), federal regulations (Title 26 C.F.R) and federal judicial decisions. The later contain the rulings, findings and decisions of the U.S. Supreme Court, the U.S. Circuit Courts of Appeals and the U.S. Tax Court.

The next resource is the state reference materials these are the individual states’ Uniform Division of Income for Tax Purposes Act, states tax statutes dealing with taxation and state judicial decisions. Other references for the study of the U.S. Income Tax Law are the IRS, other tax web sites and your local city and county library. The reference library of the nearest law school is also recommended for your investigation into the U.S. Income Tax Law. These often require an advance library card fee, some of which are above $1,300 per semester.

Reference and study syllabus for the study of U. S. Income Tax can be found freely on many law school websites through your own web provider or through your local library internet service. The study of the U.S. Income Tax law is constant and ever changing. This means that if you determine to become a tax professional that the drill of studying tax law is eternal. When you prepare to learn and study do so with that thought in mind. You are never going to graduate from tax law but are chosen to remain an eternal student.

24
Oct
09

Methods Used To Study For The Tax Law Exam

The tax law exam is readily available for practice examination. As a means for learning nothing can beat sheer repetition. Pedagogy, the science of teaching, has recognized for years that any complex subject involves hardcore memorization. This applies to languages, mathematics, science, history and law. Taking a test can even fall into this provenance of learning by repetition. I know this because taking tests can be confusing; I am very bad at taking them but know my subject matter quite well. Practice does make often perfect and certainly gives the student more confidence in their abilities. This I believe is the strength of repetition, the acquisition of confidence and mastery of the subject matter. Through several means, the student of the law can become proficient in federal, state and international tax law.

One such tool is the Enrolled Agent Exam, by which any tax agent recognized by the IRS can qualify as a certified tax expert in the Federal Taxation system. This distinction comes after passing the IRS Special Enrollment Examination which occurs annually. The definition of an IRS recognized tax agent is a CPA, attorney, state or federal civil service employee serving in a tax oriented agency or an agent of the IRS. He or she is a tax professional who has passed the IRS test which covers all aspects of the tax code. It has as its’ central core the U.S. Federal Tax Law, a complicated system to say the least, which changes more frequently than the tide. Several schools and businesses offer self-study packages that cover all current federal tax laws and practice exams with answers through the Internet. These courses provide graded tests after each subsection and comments from assigned instructors. Their average cost per semester hour is $9.92. You should check if these courses are approved by the IRS before enrolling.

Of course you can self-study for the IRS Special Enrollment Examination which takes place every September. You must first sign up for the test ahead of time; there are only a limited number of seats. There are websites that helpfully direct to where you can learn more about the Enrolled Agent course, how to sign up for the test, how to study for it and where to find the best references materials to assist you in studying for it. The IRS has even released the 2005 IRS Special Enrollment Examination test with answers so you may practice taking the test as frequently as possible.

Another method used to study for the tax law exam or the IRS Special Enrollment Examination is through enrollment in the continuing professional education or graduate school in many qualified universities and colleges. They offer CPE courses such as accounting and finance for lawyers, estate and gift taxation, estate planning, federal income tax, LLC, LLP partnership tax, multinational tax/international tax, non-profit organizations, and state and local taxation. Certain top accredited universities offer a graduate degree LLM in taxation which prepares you to become an unparalleled tax professional. They offer five courses and 33 electives in tax law. These graduate programs offer a balanced curriculum which considers tax law theory, ethics and the practical needs of the tax professional. Whether you do it yourself, use remote learning via the Internet or attend an accredited graduate law school, there exists apple means to pass the tax law exam.




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