Your income tax preparation needs are as individual as you are.

Your income tax preparation needs are as individual as you are. Alliance Financial & Income Tax takes an active approach to our tax planning and tax preparation services, giving you the personalized guidance you need. Today's tax laws are so complicated that filing taxes, no matter how simple, can quickly become confusing.

10 million taxpayers missed out on a chance to receive a bigger refund last year simply because they neglected to fill out one line on their tax return. Will you miss a similar opportunity this year? Read more:

Enrolled Agents - America's Tax Expert

An Enrolled Agent (EA) is a federally-authorized tax preparer who has technical taxation expertise and who is empowered by the U.S. Department of the Treasury to represent taxpayers before all administrative levels of the Internal Revenue Service for IRS audit help, collections, and appeals.

What does the term "Enrolled Agent" mean?

"Enrolled" means to be licensed to practice by the federal government, and "Agent" means authorized to appear in the place of the taxpayer at the IRS. Only enrolled agents, attorneys, and CPAs may represent taxpayers before the IRS but Alliance Financial & Income Tax represents taxpayers with enrolled agent certification. The profession of an enrolled agent began around 1884 after questionable claims had been presented for Civil War losses. Back then, Congress acted to regulate the profession that represented citizens in their dealings with the U.S. Treasury Department.

How do you become an enrolled agent?

The enrolled agent license is earned in one of two ways, by passing a comprehensive examination which covers all aspects of the tax code to receive an enrolled agent certificate, or having worked at the IRS for five years in a position which regularly interpreted and applied the tax code and its regulations. All candidates must pass a rigorous background check conducted by the IRS.

How can an Enrolled Agent help me?

Enrolled agents advise, represent, and prepare tax returns for individuals, partnerships, corporations, estates, trusts, and any entities with tax-reporting requirements. An enrolled tax agent maintains expertise in the continually changing field of taxation, enabling them to effectively represent taxpayers audited by the IRS.

Privilege and the Enrolled Agent

The IRS Restructuring and Reform Act of 1998 allow federally-authorized tax preparers, defined as those bound by the Department of Treasury’s Circular 230 regulations, a limited client privilege. This means that confidentiality is required between the taxpayer and the enrolled agent under certain conditions. The privilege applies to situations in which the taxpayer is being represented in cases involving audits and collection matters. It is not applicable to the preparation and filing of a tax return. This privilege does not apply to state taxes, although a number of states have an accountant-client privilege.

Are Enrolled Agents required to take continuing professional education?

In addition to the stringent testing and application process, the IRS requires enrolled agents to complete 72 hours of continuing professional education, reported every three years, to maintain their enrolled agent designation. NAEA members are obligated to complete 90 hours per three year reporting period. Because of the knowledge necessary to become a tax enrolled agent and the requirements to maintain the license, there are only about 46,000 practicing enrolled agents.

What are the differences between Enrolled Agents and other tax professionals?

Only enrolled agents are required to demonstrate to the IRS competence in matters of taxation before they may represent a taxpayer before the IRS. Unlike attorneys and CPAs, who may or may not choose to specialize in taxes, all enrolled agents specialize in taxation. Enrolled agents are the only taxpayer representatives who receive their right to practice from the U.S. government (CPAs and attorneys are licensed by the states).

Are Enrolled Agents bound by any ethical standards?

Enrolled agents are required to abide by the provisions of the Department of Treasury’s Circular 230, which provides the regulations governing the practice of enrolled agents before the IRS. NAEA members are also bound by a Code of Ethics and Rules of Professional Conduct of the Association.

Why should I choose an Enrolled Agent who is a member of the National Association of Enrolled Agents (NAEA)?

The principal concern of the National Association of Enrolled Agents and its members is honest, intelligent and ethical representation of the financial position of taxpayers before the governmental agencies. Members of the enrolled agent association must fulfill continuing professional education requirements for tax planning that exceed the IRS’ required minimum. In addition, NAEA members adhere to a stringent Code of Ethics and Rules of Professional Conduct of the Association, as well as the Treasury Department’s Circular 230 regulations. NAEA members belong to a strong network of experienced, well-trained tax professionals who effectively represent their clients and work to make the tax code fair and reasonably enforced.

 

Tax Man Call You For an Audit?

If your income tax return has been selected for an audit and you don’t know why, it could very possibly be that the IRS computer simply selected your tax return for audit. Or potentially your type of business is part of a compliance test program.

Whatever the reason, the IRS has contacted you for an audit and you are a bit concerned. But that doesn’t necessarily mean it’s time to panic. Sometimes all the IRS requires are some missing documents, which is the reason for the audit. In any case, there are a few different kinds of audits and each occurs at different locations, which are good indicators as to how severe the tax audit is. Since the IRS can audit you by mail, in their offices, or in your office or home, the location is usually very telling.

Learn more: https://www.afitonline.com/irs-audit-help

Do You Own Back Taxes and Penalties?

Blue Springs, Grain Valley, Independence Income Tax Preparation Services

Alliance Financial Tax Resolution Services

Mike Mead’s Complete Guide to Resolving Your IRS Tax Problems

IRS Problems Have a Way of Ruining All Aspects of Your Life. They Take A Toll on You Financially, Physically, and Emotionally. You Can Never Really Forget About Them as They Always Come Back Each Morning When You Wake Up!

My name is Mike Mead and I am an Enrolled Agent. Which means that I am Enrolled & Licensed by the US Treasury to represent taxpayers before the IRS in all 50 states. I provide solutions to taxpayers like you who find themselves at odds with the IRS. Your IRS Problems are unlike many other problems in life, which may in fact go away by themselves. Unfortunately, IRS Problems just continue to get worse and more costly with new penalties and interest being added each day.

How do They Expect You to Pay Off Your Taxes if They Keep Adding Penalties?

We don't know what the IRS thinks, but we do know that they ruin people's lives every day with these ridiculous penalties. IRS penalties were supposed to be a slap on the hand to make you learn from your mistakes. But instead, they are used as a hammer to pound you into the ground, so far that there are only a few options on how to get out.

What do They Expect You to do With Federal Tax Liens on Your Credit Report?

How Can You Possibly Get a Loan to Pay Them Off, When Your Banker Won't Even Talk to You? Federal Tax Liens prevent you from being able to borrow any money for a car or a home.

Taxpayers with IRS Problems often have to shop at Buy Here, Pay Here car lots because these car dealers don't care if you have a Federal Tax Lien, because they charge so much for the cars and usually have very high interest rates.

Cars are expensive enough without having to pay 18% to 21% interest on a used car loan, but with a Federal Tax Lien you don't have any choices.

The banks have gotten so tough on opening new bank accounts that anyone with a Federal Tax Lien is usually prevented from even having a simple checking or savings account.

This makes it hard on some taxpayers to cash their paychecks or to pay their monthly bills. Often, they have to pay more money and use money orders or certified checks, just to pay their rent or utility bills.

Taxpayers with IRS Problems Always Have to Look Over Their Shoulder for the IRS!

Once you owe the IRS money, they become very aggressive in their collection attempts. One of the more common collection methods the IRS uses is the LEVY!

They will use either a Bank Levy or a Wage Levy. If you're lucky enough to still have a bank account, the Bank Levy allows the IRS to present your bank with a piece of paper that requires the bank to immediately withdraw all the money you owe the IRS. Many times, these Bank Levies are wrong, but the IRS doesn't care and it's up to you to correct the problem. Meanwhile, the checks you've written are bouncing all over town.

The worst thing about the IRS Bank Levy is that it may capture your children's, parent's, girlfriend's or spouse's bank account, if your name happens to be on the account. Even if it's just on there for convenience. The IRS doesn't care, they just want to get paid and they don't care who pays your taxes.

After the bank has cleaned out all checking and savings accounts with your name on them, they send the money to the IRS. You should take this as notice that the IRS will issue another Bank Levy against you in the future to satisfy any remaining amounts owed to them.

It’s kind of like hitting the lottery for the IRS. Once they find out how to get your money they will continue to see if they can keep winning by taking your money by issuing more bank levies.

As Bad as The Bank Levy is, the Wage Levy (Garnishment) is Much Worse!

The bank levy is a one-shot deal. Meaning that the IRS must continue to issue a new Bank Levy every time they want to clean out your bank account. The Wage Levy (Garnishment) is much, much worse. Its designed to bring you to your knees.

The Wage Levy is issued to your employer and it instructs the employer to immediately start withholding ridiculously high amounts of money to pay old tax liabilities in addition to the normal taxes being withheld. Wage Levies often result in you receiving only a few hundred dollars per pay period. This usually makes it impossible to pay your bills and eat. The IRS knows that Wage Levies cause all types of harm to you and your family, but they mail out thousands every day.

Having IRS Problems Gets Old!

There can be no real rest and relaxation until the problem is completely solved. It's hard to keep a good job or get your credit report cleaned up, when the IRS continues to issue Federal Tax Liens and Wage Levies.

Without a bank account, it's difficult to cash your checks or even pay your monthly utility bills. Even if you're lucky enough to have a bank account, you have to always worry about the IRS wiping out all of the money in the account without notice. Some taxpayers with IRS Problems have a few assets they want to hang on to!

The IRS Pulls Out All of the Stops. They Simply Seize your Assets and Sell Them at Auction!

Getting the IRS mad enough at you to seize your assets is not that difficult. Many taxpayers with IRS Problems simply cannot bear to part with all kinds of possessions.

For example:

-        Autos

-        Boats

-        Motorcycles

-        Real Estate

-        Retirement Funds

-        Insurance Policies

-        Antiques

-        Collectibles

-        Jewelry

All of these things may be very personal or sentimental in value to the taxpayer. The IRS could care less. If the taxpayer won’t agree to whatever the IRS wants, then they risk having their assets seized. Do not underestimate any IRS employee's ability to follow through on the threat of seizure. Every IRS office in the country has a public list of recently seized assets and details about the upcoming IRS auction to sell those seized assets.

Payroll Taxes are the Worst!

Many small businesses get in Cash Flow Problems for all kinds of reasons. How they handle these problems, especially when payroll taxes are involved usually determines if they stay in business or not. The IRS takes an extremely strong position on payroll tax violations. They would rather close the business and sell off all the assets instead of trying to work out a deal with the business.

The worst thing about business payroll taxes is that the IRS has the ability to collect business payroll taxes from anyone they think was responsible for not paying the taxes. For example, the business owner, or any check signer on the business bank account may be singled out for collection activity.

They will try everything to get these payroll taxes. Usually a visit to your home or work is in order to start the collection procedures. Then all of the weapons in their arsenal can be used (Liens, Levies, or Seizure) until the taxpayer has agreed to some type of repayment.

Once the IRS has determined that the business cannot pay the payroll taxes and they have turned their sights on the individuals they think are responsible ... look out!

What About Buying a Car or Home?

Driving a new car or an almost new car these days requires you to borrow or lease the car. That's because they cost so darn much. Well, without the ability to walk into your local Auto Dealer and cut a deal on a new or almost new car, you're stuck with that old unreliable clunker, just because you have a tax problem. It doesn't seem fair, but it's hard to get an auto loan or lease when you have an IRS problem.

Home loans are even harder to get. Heck, they are hard to get when your credit's good if you don't put a pile of money down on the home. Not having a home to write off causes you to pay even more taxes than your friends or neighbors because you have no tax deductions.

People that do have homes and then get into IRS problems risk the chance of losing their home to the IRS. Yes, I mean selling the home and giving the money to the IRS for payment of back taxes or letting the IRS seize it and selling it at auction. You see, having a home before you get into IRS problems, may be even worse than not having a home at all.

For example, if you own a home and then find yourself owing the IRS $25,000 for some income or payroll taxes, you could be making house payments on your home that effectively is owned by the IRS.

Once they file a Federal Tax Lien on your home, you can't sell it without paying off the IRS. This means that you continue making the monthly payments, continue to take care of the home, and the IRS just sits there and waits. You pay all the bills on your home and they get all the equity. What a Deal!

Imagine Having the IRS Attack Your Pension, Retirement or Social Security Check!

The IRS leaves no stone unturned in its never-ending quest to collect all taxes, penalties and interest. Sure, people think the IRS can't or won't levy retirement funds. They hope that when they get old, the IRS will forget about them and how much they owe the IRS.

Don't believe it, the IRS never forgets! They just keep adding penalties to what you owe each day until they find you, or your money, or your income source. Then it's Pay Day for the IRS!

Taxpayers with IRS Problems Never can Build Up Retirement Funds or Assets!

You'll always be looking over your shoulder for the IRS. This usually means you have to work until you die. You'll have no opportunity to save up for the days when you can't or don't want to work anymore.

There is no end in Sight!

You just get up every day with this incredibly large problem on your shoulders. You wonder if today's the day when the IRS shows up at work, at home, or if they decide to levy your bank account or paycheck. It's a large load to bear every day. Most people around you don't know what you're going through. You just keep going, but you know in your heart that doing nothing about your IRS Problems is not going to make them go away.

Are There Ways out of IRS Problems?

Yes, there are ways to end IRS Problems, but you must decide to end them, no one else can decide for you. When you decide that enough is enough and you want to have the things that everyone else has and you're really ready to do something about your IRS Problems, there are options available to you!

Our firm specializes in ending the misery of IRS Problems! There are many possible ways to end these problems, but they all require you to take the first step. No one can help you until you decide to help yourself. We are very successful in ending IRS Problems, but the taxpayer must be ready to follow our advice. We can walk you through the IRS maze. We do all the talking to the IRS. We also handle all the meetings and correspondences with the IRS.

Most of Our Clients Never Meet With the IRS!

The solutions to solve IRS Problems often include ling old tax returns to get you in current compliance with the IRS. The IRS will not negotiate with anyone unless they are current with all required lings. This means all income tax returns and payroll tax returns if you have employees.

The IRS assumes that if you won't at least get your required tax returns led, then why waste the time trying to negotiate with you.

It’s a rather simple request and we have easy ways to complete old tax returns. We realize that many taxpayers have lost old records or just can't find them! We can help you le old tax returns without any records, but you have to take the first step. Once we have led all your old tax returns, then the IRS will at least listen. What we tell them is how you what to end your IRS Nightmare by...

Cutting a Deal to Pay Less Than What You Owe!

How much Less? Well, if you qualify, a lot LESS! The IRS looks at these old tax liabilities and knows it can't collect most of them. So, they have set up this great new program called Offer in Compromise. This program allows taxpayers to pay mere pennies on the dollar to settle up on old income tax and payroll tax liabilities.

When we say Settle Up, we mean completely, 100%! Once the IRS has accepted the amount you offered and you pay the reduced amount, then the IRS releases all Federal Tax Liens. Your IRS nightmare is over and you get your life back.

Many Taxpayers Have Been Able to get the IRS to Reduce the Penalties.

For Taxpayers who don't file an Offer in Compromise - They request the IRS to Abate the IRS penalties for "Reasonable Cause."

It's is a great way to drastically reduce the total amount you owe the IRS and all it takes is a few penalty abatement letters.

Many taxpayers use our firm to keep the IRS away from them and their families. Most of our clients Never Meet or Speak with the IRS. We make the IRS call US, so our clients can go to work and carry on a normal life.

Your IRS problem will not go away by itself. You only have three choices to end your IRS Nightmare. You can either:

1. Pay the IRS 100% of What They Think You Owe Today or

2. Set up a Monthly Payment Which Never Goes Away Due to the Additional Penalties and Interest That Continue to Add Up or

3. Reduce the Total amount You Owe to an Affordable Figure and Get your life back in order!

You Decide!

We can help you explore all the choices and options, but you must take the first step. You can call me for a free consultation to discuss your options in confidence. You have nothing to lose except the peace of mind most people already enjoy. Why not get some for yourself and your family. Visit us today at: www.AFITonline.com

P.S. Unless you take the first step to resolve your IRS problem, it will never go away. Call Today 816-220-2001 to take this first step. What have you got to lose except a few minutes of your time? Your Free Consultation may give you back the chance to get on with the rest of your life. Call Now!

P.S.S. The fact that you read this entire report shows me that you're not like the normal person with IRS Problems. You're trying to end your IRS Problems. Why not call me. Call Today! 816-220-2001 - Don't procrastinate any longer. Call Now!

Mike Mead, EA, CTC
Alliance Financial & Income Tax
807 NW Vesper Street
Blue Springs, MO. 64015
P - 816-220-2001 x201
F - 816-220-2012
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