Every communication you get from the IRS is significant, but not every one is major. A major tax problem is one that will cost you a million dollars of damage or more.
The IRS knows more ways to inflict pain than the CIA. These tools include bank levies, wage garnishment, seizure of assets, tax liens, a raft of penalties, compounding interest daily and the threat of prison time.
Gruesome Tax Prospects
The prospects are particularly gruesome when large dollar amounts are involved. The IRS enjoys making examples of successful, high-profile individuals, especially in the media-saturated world surrounding Los Angeles, California.
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But the money you pay Givner & Kaye will be the cheapest money you ever spent.
Fixing Major Federal Income Tax Problems
- IRS Audits: We stand beside you as the IRS tests statements on your tax return.
- IRS Appeals: If you disagree with the results of the audit, you have the right to appeal it. We are often called in to do the appeal after a CPA or other attorney fails at the audit level.
- Tax Court Litigation: This is a special court with special judges that resolve tax deficiency disputes. We have the team to help you prevail in the unlikely event you must go to the U.S. Tax Court.
- Federal Tax Refund Litigation: If you pay your taxes, you have the right to contest the deficiency in the Federal District Court. Many sophisticated taxpayers prefer this court to Tax Court.
- Estate and Gift Tax Audits: The IRS combs through estate and gift tax returns by hand and targets select individuals for audit.
- IRS Settlements: An array of venues is available to negotiate paying less.
- Unreasonable Compensation: The IRS has stepped up its inquiries into executive compensation in closely held corporations.
- Preparer Penalties: The IRS has a number of penalties it can impose on tax return preparers that it perceives to be making the wrong kinds of claims.
Solving Major California Tax Problems
California is its own tax universe, at times analogous with what the IRS does nationally. The California Franchise Tax Board (FTB) does for the state what the IRS does for the nation. The FTB is acknowledged by many to be even tougher, and less open to compromise, than the IRS.
- California Franchise Tax Board Audits: The FTB examines state income tax returns and corroborate statements made on them.
- California Franchise Tax Board Protests & Settlements: These are two methods the state makes available to appeal findings and resolve disputes.
- State Board of Equalization Hearings: The state conducts hearings relating to income, sales, property and other taxes. We work with clients to resolve tax issues in front of the SBE.
- California State Tax Refund Litigation: Just as Federal District Court provides a way to dispute IRS findings, state courts permit taxpayers to take on the FTB.
Winning State and Federal Tax Appeals
Our tax litigation lawyers work not only to minimize the taxes our clients owe, but also to reduce their stress by taking the weight of dealing with the IRS and FTB on a day-to-day basis off their shoulders.
Call or e-mail the Los Angeles tax controversy attorneys at the Law Offices of Givner & Kaye. Let us put an end to your major tax problems.
