Eric Smith

Most Expensive Tax Attorneys
When it comes to settling back taxes, many taxpayers find an answer by hiring a tax attorney. But how much do they charge, and more important, how much should you pay? In our professional experience, even the most expensive tax attorneys can often not deliver the expected results. Discover in the […]

Most Expensive Tax Attorneys – Is It Worth Paying More?

California State & United States Flags
The umbrella of California Self Employment Tax covers state residents who don’t receive a paycheck as an employee that includes tax withholdings. Within a business entity or organization, employees fill in deductions on their I-9 and the calculated amount shows as a withholding from their paycheck. Self-employed taxpayers have no […]

California Self Employment Tax: State & Federal Compliance

New York State Back Taxes
The most stressful thing about owing New York State back taxes is not knowing what to do about it. It’s important to take the time to understand not only your options forward but also the possible ramifications when taxes build up. Like other states, New York offers different paths to settlement as […]

New York State Back Taxes: Pitfalls & Pathways To Settlement

IRS Tax Debt Settlement
Whether your tax debt with the IRS is a recent accumulation or you have several years of back taxes building up, it’s never a comfortable situation to find yourself in. It’s time to take action towards an IRS tax debt settlement, but where do you begin? One common misperception among […]

IRS Tax Debt Settlement – Options For Resolving Tax Liability

CA FTB Tax Debt Forgiveness 2
If you’re experiencing tax debt issues with the IRS, often debts are also owed taxes within the state of your residence. California is one such State that collects taxes from its residents on top of what they owe to the IRS. It’s also possible to have tax debt with the […]

CA FTB Tax Debt Forgiveness – Settling California State Tax ...

IRS Fresh Start Initiative
Dating back to 2008, with an overhaul in 2012, the IRS Fresh Start Initiative continues to aid taxpayers up to current day. For both business entities and individual taxpayers, the Fresh Start Initiative’s goal is exactly as the name suggests. It facilitates the payment of tax debt, so that debtors […]

IRS Fresh Start Initiative: Which Taxpayers Does It Help?

Handling A New York State Tax Warrant 2
As tax professionals, we understand the fear and frustration that comes along with a New York State Tax Warrant. Finding out that property and assets are on the line puts a tremendous amount of pressure on anyone. The best course of action is to come to a full understanding of […]

New York State Tax Warrant – Know Your Rights & ...

Offer In Compromise vs Installment Agreement
When it comes time to settle your tax debt, you need a place to start. Some agencies will tell you it’s a complicated process that you should never go through without help from a professional. Making the decision to file an Offer In Compromise or for an Installment Agreement isn’t as […]

Offer In Compromise vs Installment Agreement: Informed Tax Settlement

Community Property Laws
If you live in a community property state and did not file a joint return, you may be eligible for Innocent Spouse Relief. Community property laws apply to couples who live in the states of Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington, and Wisconsin. The IRS follows the collections […]

IRS and Community Property Laws – Relief From Taxable Items