IRS Problem Solver Attorney Mary King Discusses New Issues For Filing 2014 Tax Returns
Jan 12, 2015
Attorney Mary E. King appeared on the talk radio show Money For Lunch to discuss new considerations taxpayers must deal with when filing their 2014 tax returns.
Chief among the concerns were the changes made to many tax forms to include additional information for the implementation of the Affordable Healthcare Act often referred to as ACA or Obamacare.... read story...
Tax Attorney Mary King Wins Two Awards At The EXPYS
May 12, 2014
IRS Tax Relief Attorney Mary King has Won Two Awards at The 2014 National Association of Experts, Writers and Speaker Awards.
Attorney Mary King With Kevin Harrington of "Shark Tank"
Mary King, owner of the Law Office of Mary King P.L. In Sarasota Florida, received an Award for her contribution as an expert author of Protect And Defend. In the bo... read story...
Florida Tax Attorney Mary King Joins Elite MasterMind Group, The X-Group
May 08, 2014
Mary King, attorney and tax lawyer, was recently selected to be a part of the exclusive “X-Group” – a new Dicks + Nanton Ultimate Celebrity Expert® Mastermind group.
Sarasota, Fla. – May 8, 2014 – Best-selling author Mary King, a tax attorney and frequent public speaker for civic organizations, is proud to announce that she has been accep... read story...
Florida Tax Attorney Mary King Now Taking IRS Criminal Defense Cases
Mar 01, 2014
Sarasota Florida Based IRS Tax Defense Attorney Mary E. King Esq., has expanded practice areas to include representing clients for criminal tax cases.
The IRS resolution law firm Law Office of Mary King P.L. Has added to it's list of tax-related practice areas and will be accepting new cases for individuals and businesses with criminal tax problems. Th... read story...
Top Reasons People Get Audited
Nobody wants to get in trouble with the IRS, but there is help available for people who are dealing with fines and penalties. While it may be possible to reduce you overall tax bill and arrive at a reduced settlement, it is far better to avoid the audit and fines to begin with. The first step in avoiding an audit is learning what the IRS looks for and what activities can trigger an audit.
Forgetting to Claim Income
It is not just up to you to report your income. Employers are required to report the earnings of independent contractors and their employees. Additionally, people may also claim payments made to you if they’re tax deductible. In addition to reporting income, you must also report dividends, interest income, and other earnings. Failure to do so will result in penalties, fines, and possibly an audit.
Excessive or Creative Business Expenses
There is a bit of leeway when it comes to business expenses, but you should take care with every deduction. Occupational codes are routinely used to determine what’s normal and what may be excessive. If your expenses are not in line with your industry,... ...read full post
Why Should I Hire An Attorney For Tax Debt Problems?
If you owe tax debt to the IRS, then you most certainly should contact an attorney to help you. Tax law is extremely complex, and it is hard for a person without experience in tax law to understand the best way to get themselves out of debt in the cheapest and fastest way possible. An attorney can guide you through this process, saving you time, money, and stress.
Attorney Client Privilege
The first thing to know is that tax lawyers are different from tax accountants because of confidentiality. Like other lawyers, tax lawyers and their clients have protected communication and total confidentiality. If you tell an accountant about a tax strategy you used that turned out to violate part of the US tax code, that accountant could be called to testify against you in court. On the other hand, you are completely safe sharing everything with a lawyer- they can never be asked to testify against you.
Next, you gain the right to power of attorney representation with a lawyer. Representation here means that the lawyer can stand in for you in many situations, such as during meetings and answering letters. Because they are experienced in the process of tax law and tax... ...read full post
Real IRS Debt Settlement Programs For Tax Payers
Anytime a person owes money to the IRS, this debt can be a huge drain on their life. There are many different ways in which the IRS can come after a person who owes them money. Although we should all pay our taxes, there are times in life when situations dictate our lives. There are many examples of people over the years who have wanted to pay their taxes but simply could not for various reasons. It is vital to work with an attorney that has your best interests in mind in this situation. Unlike the scam filled TV attorneys, our law firm actually has experience helping residents of Florida resolve their tax debt. If you are in a situation where you owe the IRS money, it is vital to get some professional legal advice.
Why Hire An Attorney?
IRS debt is different from typical debt that a person owes. The IRS has a lot of power to make a person's life difficult when tax debt is owed. For example, a person can have their wages garnished at work until the ... ...read full post
What happens to IRS debts in a divorce?
Divorce is never a simple matter. Couples typically have property, debts, and custody issues to consider. Taxes are often a thorny topic. If the couple filed a joint return in the past, a partner must now sever tax obligations to the other. When the separating couple owes taxes in arrears, it is particularly challenging to know where to turn for answers.
The divorce court does not view tax debt any differently than any other debt owed by the couple. The divorce attorneys include tax debts in the same category as mortgage, credit card bills, car loans, and other debts. Assets and debts are then divided between the separating spouses. Tax debt must be divided between the spouses according to state laws and the terms of the divorce settlement. Since tax debt can also seriously affect the couple after divorce, it is important to resolve it now.
Community Property States
Some states, including Alaska, Wisconsin, Arizona, Washington, California, Texas, Idaho, New Mexico, Louisiana, and Nevada, consider assets (property) and debts assumed during the marriage as community property. Conversely, property and debt acquired before marriage is the personal property... ...read full post
Getting Out From Under Wage Garnishment
Stopping a wage garnishment can be a difficult task, but the feat can often be accomplished with the help of an experienced debt relief attorney. This can even be achieved when facing tax problems in many situations, depending on the level of tax debt. Any creditor has the right to collect debt by taking the debtor to court and request a garnishment, including private or public sector creditors. The best time to address the situation is before the wage garnishment is imposed, but that is not always successful when dealing with an aggressive creditor. Even after the court order is issued, there are methods of at least reducing the strain on your personal budget. However, agencies like the Internal Revenue Service really do not want to request a wage attachment and can be easier to deal with in some cases.
Paying Off Creditors
This may not be possible for some individuals, but paying off the creditor is always the best option. When dealing with the IRS this may be the best option if they are not filing for a huge sum of back taxes. Receiving a pay off loan or selling personal assets can end the problem immediately and avoid... ...read full post