Last year the IRS cancelled 3.89 million penalties, saving taxpayers
$3.62 billion. When properly challenged, the IRS has canceled 60 cents
of every dollar assessed in employment tax penalties. The amount of
taxpayer delinquent IRS debt rose by 20% last year alone. IRS enforcement
activity rose by over 26% last year (~1.8 million Liens, Levies, and
Seizures placed by the IRS in 2003). In 1993 the IRS settled for just
14.8 cents on the dollar when a proper request was made for tax debt
forgiveness. By asserting the right to a correspondence audit, the average
tax audit bill was reduced by as much as 58%. The amount of income taxes
reported owed but not collected by the IRS totaled more than $200 billion
at last count - that number doubles to over $400 billion if you include
the estimated taxes owed on unreported/unfiled returns. Over 2.6 million
taxpayers are on an installment plan, paying over $4.5 billion to the
IRS, and successfully avoiding wage and bank levies and property seizures.
Trying to negotiate a tax relief solution with the IRS can be a daunting
task. Fortunately, Roni Lynn Deutch, A Professional Tax Corporation
has experienced tax attorneys who will negotiate with the IRS on your
behalf. Don’t be fooled by other tax relief companies who make outrageous
sales claims to get your money. You need help from someone you can trust.
Our attorneys have helped thousands of taxpayers with their tax debts
and will work with you get you the best tax relief possible. Call 1-888-TAX-LADY
or fill out our contact request form for a free and confidential tax
help analysis. Roni Lynn Deutch, A Professional Tax Corporation, employs
experienced tax lawyers to help with your IRS back taxes and work toward
stopping IRS collection activity. For over sixteen years our firm’s
tax lawyers have aggressively pursued the best possible tax relief for
their clients, saving them thousands of dollars along the way. Our tax
lawyers are trained and educated on the most current tax laws, IRS codes
and regulations and know how to negotiate with the IRS to resolve your
back taxes as favorably as possible. Don’t wait any longer, call 1-888-TAX-LADY
or fill out our contact request form today!
Amounts which you can deduct from your annual income to reduce
the amount on which you have to pay tax. For instance, if your income
before deduction of reliefs is £20,000, and you made pension contributions
in the year of ?1,000, you could deduct £1,000 from £20,000 to produce
a total income of £19,000. That is because pension contributions are payments
on which the Inland Revenue allows you to get relief. From total income,
you would also deduct any allowances, including your personal allowance
of £5,225 in the year 2007-2008 for people under 65, to produce your taxable
income.