Tax Penalties

Wage Garnishment

Wage garnishment is a procedure by which the IRS is allowed to withdraw a considerable portion of your earnings directly from your bank account until your federal tax liability is paid in full.  This may result in your inability to pay regular monthly expenses, such as rent, food, transportation, child care and the like.

Generally, wage garnishments are used when the federal tax lien or levy does not result in the taxpayer’s willingness to pay off his or her tax debt.

If your wages are being garnished or you have received a notice of intent from the IRS for wage garnishment, the attorneys and CPAs working with Prompto Group may be able to help.

Prompto Group provides its clients with access to professional representation by attorneys and certified public accountants (“CPAs”). We believe that a collaboration of a tax attorney and a CPA increases the chances of our clients for negotiating a manageable tax liability payment arrangement.

Our attorneys and CPAs are experts in their fields who will be there to guide you through the process and take the stress off the situation. They will talk to the IRS instead of you and they will try to negotiate the best option for your case.

Call us: (888) 754-7510 or email: info@promptogroup.com to set up a free initial consultation and assessment today!

Levy

A levy is a seizure of a taxpayer’s property by the IRS in order to satisfy his or her tax debt.  If you do not pay your tax liability or make any arrangements to settle your tax debt, the IRS may seize and sell any of your real estate or personal property in an effort to satisfy your tax debt.

As a rule, a levy is assessed after the IRS sends the taxpayer the Final Notice of Intent to Levy and Notice of Your Right to a Hearing and you fail to act within 30 days of the date of such notice.

Our attorneys and CPAs may stop the IRS from seizing and selling your property but we must act promptly.  Do not ignore the IRS notices, bring them to us and we will provide you with access to the best tax attorneys and CPAs in town. At Prompto Group we believe that a collaboration of a tax attorney and a CPA serves the client’s interest the best as they are able to arrive at a better solution for the client and can achieve superior results.

Our attorneys and CPAs are experts in their respective fields who are able to provide you with professional advice and prompt resolution of your case, provided it passes the initial qualification assessment.

Do not wait for the levy to be assessed, Call us: (888) 754-7510 or email: info@promptogroup.com to set up a free initial consultation and assessment today!

 

 

Federal Tax Lien

A federal tax lien is comparable to a security for payment of a loan. Under this procedure, the Internal Revenue Service has the right to notify your bank and all your creditors that there has been a lien placed on your assets for the amount of the taxes you owe. Thus, the lien serves as a security for the payment of the taxes owed.

The IRS will first assess your liability, and then you will receive a Notice and Demand for Payment. if you neglect to take appropriate action at that stage, the IRS may impose a lien on your real and personal property.

Practically, a lien may be “lifted” if you pay your tax debt in full or enter into a satisfying arrangement with the IRS for payment of your tax debt.

Don’t let the tax debt ruin your credit history and your score, call us for help.

Our attorneys and CPAs may stop the IRS from assessing a lien on your property but we must act promptly.  Do not ignore the IRS notices, bring them to us and we will provide you with access to the best tax attorneys and CPAs in town. At Prompto Group we believe that a collaboration of a tax attorney and a CPA serves the client’s interest the best as together they are able to arrive at a better solution for the client and can achieve superior results.

Our attorneys and CPAs are experts in their respective fields who are able to provide you with professional advice and prompt resolution of your case, provided it passes the initial qualification assessment.

Make the first step towards resolving your tax debt – Call us: (888) 754-7510 or email: info@promptogroup.com to set up a free initial consultation and assessment today!