BACK TAXES & PENALTIES

Receiving a letter from the IRS is scary for all.  Representation through the process may help alleviate some of the stress.  Braden Drake Law is here to represent individuals and businesses in dealings with the Internal Revenue Service (IRS), California Franchise Tax Board (FTB), and the State Board of Equalization.

The procedure of tax filings, audits, penalties, and collections is complex. When a tax return looks suspect to the IRS or FTB, they may seek an audit to determine if the taxpayer paid the proper tax. Generally, the IRS or FTB contacts a taxpayer when they believe a taxpayer has failed to file a tax return or has underpaid on their taxes.

It is typically best to contact a knowledgeable tax lawyer as soon as possible. The IRS provides multiple forms of relief.  An attorney may be able to save you from penalties, interest, and possible criminal actions including jail time.  In addition to the expertise provided by a tax attorney, representation by an attorney also provides you with attorney-client privilege.  This means that your attorney is unable to testify against you and will represent you in absolute confidence.


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AUDIT REPRESENTATION

Once the IRS has determined that you owe tax, it often has priority over private debtors. The IRS may be able to freeze personal or business accounts, seize assets, or garnish wages. A tax lawyer can argue on your behalf against claims of unpaid tax and put a hold on the IRS’ seizure of assets. Once you come to agreement on what tax is owed, the IRS provides a few avenues for the taxpayer to pay the tax owed to avoid collections and become current. Braden Drake Law will help you decide which avenue is best based on your personal circumstances.

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TAX COLLECTION & SETTLEMENT

Once the IRS has determined that you owe tax, it often has priority over private debtors. The IRS may be able to freeze personal or business accounts, seize assets, or garnish wages. A tax lawyer can argue on your behalf against claims of unpaid tax and put a hold on the IRS’ seizure of assets. Once you come to agreement on what tax is owed, the IRS provides a few avenues for the taxpayer to pay the tax owed to avoid collections and become current. Braden Drake Law will help you decide which avenue is best based on your personal circumstances.

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CRIMINAL TAX

There is a difference between a standard civil tax issue and criminal tax. Governmental agencies will look to some factors in determining whether a failure to pay taxes amounts to criminal conduct. Some of those factors include: attempts to evade taxes; fraudulent activity and false statements; willful failure to pay taxes; and laundering money. It’s important that a taxpayer under investigation not implicate themselves in criminal activity. If you believe you may be subject to criminal prosecution for tax issues, consult a tax lawyer for guidance.


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California specific tax issues

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penalty interest & abatement

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Delinquent FBAR Filings & Penalties