San Jose, California, Tax Law Attorney
With proper advice and guidance, many potential tax problems can be avoided. Failure to take action risks substantial tax penalties and interest, compounding the tax debt and state and federal enforced collections. Tax liabilities to the State of California have no statute of limitations
We Help Solve Tax Problems with the IRS, FTB, BOE, and EDD.
John D. Teter Law Offices, located in San Jose, has 25 years of experience solving tax problems for individuals, business owners, and financial officers throughout California and across the United States. Our firm has extensive experience working with the Internal Revenue Service (IRS), the California Franchise Tax Board (FTB), the California State Board of Equalization (BOE), and the California State Employment Development Department (EDD).
We can help provide solutions to tax conflicts concerning failures to file, failures to pay, state and federal tax liens, wage garnishments, property seizures, levies, and governmental actions against individuals and companies with unpaid income taxes, payroll taxes, and sales taxes. Clients can have the stress of tax problems disappear when they contact our Bay Area office. John D. Teter understands that both people and the government make mistakes, and he will try to relieve some of your anxiety by dealing with the tax authorities on your behalf.
To be in complete tax compliance, you have to file tax returns and pay your taxes on time. However, in the event a person has been unable to do this, there are still five courses of action available:
- Pay the past due taxes
- Pay all or part over time through an installment agreement
- Qualify as "currently not collectible"
- Resolve through an "offer in compromise"
- File for bankruptcy
An offer in compromise is the settlement of a tax debt for less than the full payment owed. It consists of the amount of money equivalent to what the IRS or state agency would receive if it liquidated your assets and garnished your nonexempt wages for 5 years. For federal offers, the IRS now requires the taxpayer to include a nonrefundable down payment with the offer of lump sum payment.
In a tax audit, you must prove that the information reported on your tax return is correct and that claimed tax benefits are applicable. If you are initially unsuccessful in proving this, your tax matter can be submitted to the IRS Appeals Division to see whether claims can be reconciled and a resolution achieved. If this proves unsuccessful, the last step in the pre-payment appeals process would be a petition to the United States Tax Court.
John D. Teter Law Offices will clearly explain your rights and your legal options. We will handle your tax problem with discretion and compassion as we work toward a viable resolution. Contact John D. Teter today to help with your tax problems.
John D. Teter Law Offices
1361 S. Winchester Blvd.
Suite 113
San Jose, CA 95128
Phone: (408) 866-1810
Fax: (408) 866-1850