Denver Business Attorney Video on Schedule C

A business attorney and tax attorney at The McGuire Law Firm can assist you with your business matters, tax questions and other related issues.  John McGuire has an LL.M. in taxation, which is beneficial as he works with small business owners and small businesses.  The video below has been prepared by John to provide information regarding a Schedule C.

 

Contact The McGuire Law Firm and schedule a free consultation with a business attorney and tax attorney.  The McGuire Law Firm has law offices located in Denver and Golden Colorado for your convenience.

Forming a Partnership

If you are considering forming a partnership, you may want to discuss the tax and business implications with an attorney.  The video below provides general information regarding the formation of a partnership, but you should discuss your specific business issues and questions with an attorney.

 

Contact The McGuire Law Firm to discuss your business or tax questions with an attorney.  Free consultation and offices in Golden and Denver Colorado.

I Do Not Have a W2 by Denver Tax Lawyer

I did not receive a W-2, what do I do?  As a tax attorney, this can be an issue for some individuals.  If you received wages from an employer, your employer must issue you a W-2, which is a wage and tax statement.  The W-2 will show the amount of wages you received, Social Security tax withheld, Medicare tax withheld and federal income tax withheld.  Your W-2 can also provide additional information.  The article below has been drafted by a tax attorney at The McGuire Law Firm to provide general information regarding your options if you did not receive a W-2.

First, contact your employer.  Your employer could have made a mistake or maybe the W-2 got lost in the mail.  Employers are supposed to receive their W-2 on or before January 31st of the following year for which the work was performed.

If you do not have any luck contacting your employer, contact the Internal Revenue Service. You will need your name, address, social security number, employer’s name, address and phone number and the dates you worked for this employer.  You can also provide an estimated of the amount of wage you made.  If you have your final pay stub for the year, you may also be able to use this information.

It is still important to file your 1040 Individual Income Tax Return timely.  You can use Form 4852, which is a substitute W-2 when you file the 1040 tax return.  If you are unable to file the return timely, you can file for an extension with the IRS.

If you estimated your wages and withholding, you may need to correct your 1040 tax return if you later receive your W-2 or other information and the wages and withholding you claimed were not correct.  You can amend your 1040 tax return by filing Form 1040X.

Please contact The McGuire Law Firm to discuss your tax matters and questions with a tax attorney.  All potential clients receive a free consultation with a tax attorney.  The McGuire Law Firm has law offices in Denver, Colorado and Golden, Colorado.  Contact The McGuire Law Firm today!

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IRS Tax Lien Video by Denver Tax Attorney

An IRS tax lien or Notice of Federal Tax Lien is a serious issue and you should consider discussing such issues with a tax attorney or tax professional.  The video below has been prepared by John McGuire, a tax attorney at The McGuire Law Firm to provide information regarding a federal tax lien.

 

Contact The McGuire Law Firm to schedule a free consultation with a tax attorney in Denver, Colorado or Golden, Colorado.

Paying Back Taxes to the IRS by Denver Tax Attorney

If you owe taxes to the IRS there multiple ways to pay these back taxes, and you may have multiple options to resolve your IRS tax debt.  John McGuire, a tax attorney at The McGuire Law Firm has prepared the video below to provide some information regarding paying your back taxes.  Please feel free to contact The McGuire Law Firm to speak with a tax attorney.

Schedule a free consultation with a tax attorney in Denver or Golden Colorado by contacting The McGuire Law Firm.

Tax Attorney in Denver Discusses What it Means to be Current and Compliant

To resolve an IRS debt, you must be current and compliant.  To comply with most IRS agreements regarding the resolution of a tax debt, you must be current and compliant.  What is current and compliant?  The video below has been prepared by a tax attorney Denver Colorado to discuss what it means to be current and compliant with your tax filings and payments.

 

Contact The McGuire Law Firm to speak with a tax attorney!  The McGuire Law Firm has offices in Denver and Golden Colorado.

Denver Tax Attorney Video on Form 433B

A Denver tax attorney at The McGuire Law Firm can assist you in resolving IRS debts and issues.  Further, a tax attorney can assist you with individual and business tax planning, tax analysis on specific transactions and other tax advice.  Contact The McGuire Law Firm to discuss your tax questions and issues with a tax attorney.

 

Schedule a free consultation with a tax attorney at The McGuire Law Firm in Denver or Golden, Colorado!

IRS Tax Refund Paying other Debt by Denver Tax Attorney

Will I receive my tax refund if I owe taxes?  Will I receive my refund if I have certain types of debts.  These are questions an individual may ask their tax attorney or tax professional.  The IRS can keep your tax refund and apply your refund to certain debts.  The article below has been drafted by a tax attorney at The McGuire Law Firm to provide some general information regarding the questions above.

If you owe taxes to the Internal Revenue Service, the IRS will keep your 1040 refund and apply the refund to the tax debts.  The IRS can keep all of your refund if the amount of tax owed exceeds your refund, or keep a portion of the tax refund if such portion satisfies your tax liability.  You can verify application of your refund to the period or periods of tax debt by obtaining your IRS tax transcripts for the periods of which you owe the tax.  The transcripts should show a credit for the monies applied to such period from your refund.  The transcript will likely state something such as “Credit Transferred 12/31/2013.”  This means your 2013 refund was applied to the period there was a liability.  You should check the IRS records and make sure you receive credit for your refund.  Further, the IRS should issue you a notice stating the application of your refund.  The notice should state, the amount of the refund applied, the year or tax period the refund was applied too and the remaining balance, if any for the tax period(s) the refund was applied too.

Additionally, the IRS can keep your tax refund if you have other debts.  Debts such as student loans, past due child support and state income tax can be paid with your federal tax refund. You should receive notice stating the type of debt, amount of debt and the portion of your federal income tax refund that was applied to your debt.  Form 8379, Injured Spouse Allocation can be filed under certain circumstances for one spouse to receive a portion of the refund, but the spouse receiving a portion of the refund must have no liability.

The IRS can also levy your state income tax refund if you owe taxes to the IRS and have not established a formal agreement.

You can contact The McGuire Law Firm to speak with a Denver tax attorney regarding your tax matters, problems, issues or questions.  The McGuire Law Firm represents both individual and business taxpayers before the IRS, and assists individuals and businesses regarding other tax questions and issues.

Schedule a free consultation with a tax attorney at The McGuire Law Firm- offices in Denver Colorado and Golden Colorado!  Call or email today!  720-833-7705.

Submitting an Offer in Compromise to the IRS by Denver Tax Attorney

The video below has been prepared by John McGuire, a tax attorney from The McGuire Law Firm regarding an IRS offer in compromise and submitting an offer in compromise to the IRS.  You can speak with a tax attorney by contacting The McGuire Law Firm, with offices in Denver and Golden Colorado.

 

Contact The McGuire Law Firm to schedule a free consultation with a tax attorney in Denver or Golden Colorado.

Colorado Tax Attorney

The McGuire Law Firm works with clients across all of Colorado.  From the front range to the western slope, The McGuire Law Firm assists clients regarding tax matters and issues before the IRS to individual and business tax planning, tax analysis and tax advice regarding certain transactions and client circumstances.

 

Contact a tax attorney at The McGuire Law Firm and schedule a free consultation to discuss your tax needs and questions.