In Need of Tax Help in Detroit?
With years of experience in helping those having difficulty in all areas of tax and tax debt, Levy & Associates is the #1 choice for anyone facing issues with the IRS. No matter how large or small your tax problem is, our experienced tax team is ready to tackle any IRS tax matter.
Our priority is gaining financial security for our clients, not scratching the back of the IRS, so we will do anything and everything we can to get a tax resolution and alleviate your debt-related worries.
Our Tax Help Team consists of:
- Former IRS Revenue Officers
- Enrolled Agents
We’re able to assist with a range of possible and common issues, including the removal of penalties that place pressure on our clients. We can also help with back taxes.
With years of experience dealing with the IRS, including alleviating tax levies, IRS audits, wage garnishment and tax liens, our Detroit tax professionals are fully prepared to work with our clients to achieve the best tax resolution as quickly as possible.
Here are just some of the tax help solutions we offer:
- Audit Defense
- Our team is experienced in working against liens and levies and is able to tackle the most serious tax debt issues.
- We help clients file their returns and pay their back taxes as quickly and accurately as possible.
- We assess your financial outlook by determining liability and beginning to settle unpaid balances.
Michigan Tax Laws
Michigan is not one of the nine states that lack a state income tax entirely. However, Michigan does collect personal income tax at a reasonable rate of 4.25%. The personal income tax rate is applicable to all taxable income aside from the personal exemption amount of $4,000.
Additionally, some corporations, partnerships, and trusts need to pay additional taxes on their income. If your business falls under one of those categories, it’s important to have a team of tax professionals working on your side—we’ll ensure that your taxes are in order.
Michigan taxes both unearned and earned income. The state refers to earned income as your salary, wages, tips, commissions, bonuses, unemployment benefits, and sick pay. Meanwhile, unearned income encompasses items like interest, dividends, rental income, profits from asset sales, business and farm income, royalties, gambling winnings, and alimony.
You can learn more about Michigan’s tax laws through the state government website. But navigating tax law on your own is not always a straightforward process. That’s why our talented team of tax attorneys, CPAs, and former IRS officers is here to assist you.
Speak to our team today by calling (800) TAX-LEVY. We’re available for a free initial consultation with absolutely no obligation on your part. Our experts are dedicated to providing you with the lowest tax burden possible, so don’t hesitate to reach out and see if we’re the right fit for your tax needs.
Detroit, Michigan Tax Relief
Levy & Associates offers Michigan tax relief solutions that help you get back on the right track. Whether you’re dealing with the Internal Revenue Service (IRS) or state government, we’ve got you covered.
Tax relief services include assistance with audits. We also help small business owners and individuals navigate through the challenging dilemmas of tax liens and levies.
Furthermore, our tax resolution services can help you regain control after issues with a tax agency. An Offer in Compromise (OIC) is a worthwhile settlement option worth pursuing in some instances. We also assist taxpayers who are dealing with wage garnishments or other punishments from a tax agency.
Dealing directly with the IRS on your own takes time and energy. As a result, many small business owners and even individual filers find it easier to enlist the help of a professional. Our Michigan tax relief services can provide the relief and peace of mind you need to get on with your life.
Detroit Audit Defense
Receiving a letter of notice informing you about an audit can quickly make a good day turn sour. The good news is that you do not need to panic. Often, the IRS simply needs clarification or evidence of something you cited on a return. Regardless, you should consider enlisting the help of a professional to ensure you stay on top of things.
Levy & Associates Tax Consultants has assisted clients with audits for decades. Our well-rounded team, including former IRS officers, is here to help you navigate this often complicated and stressful process.
We’ll handle correspondence with the IRS and make sure that you are meeting their guidelines. This allows you to continue to operate your business or return to work under normal circumstances while we sort through the process with a tax agency.
Detroit Lien and Levy Tax Help
A tax lien is a consequence of unpaid taxes. The federal or state government may place a lien on your property if you avoid paying or can’t afford to pay taxes. This puts a hold on personal assets like a car, home, or business until the tax debt is resolved.
If the tax debt continues to go unpaid or you fail to reach a settlement, the government may respond by placing a tax levy on the assets. A tax levy enables the government to seize your assets as well as freeze bank accounts to collect unpaid back taxes. Additionally, a tax agency can go after your paycheck with wage garnishments.
Detroit Tax Settlement
Do you need assistance resolving your unpaid taxes? Back taxes are difficult to resolve if the amount is large and you barely get by each month after covering general expenses. Fortunately, there are several tax solutions available for debt.
To begin, the IRS offers a payment plan program. This installment agreement allows you to pay off debt in monthly payments. While interest is collected, the rate is far lower compared to other types of loans.
In certain situations, the taxpayer may want to consider proposing an Offer in Compromise (OIC). The tax settlement could forgive most or all of your tax debt, yet the proposal is not always approved. Working with a tax professional may improve your chances of success. Speak to a representative at Levy & Associates today for more information.
Audit Defense Help in Detroit
It can be daunting to find yourself under an audit with the IRS, especially if your finances have not been methodically recorded or you know you may have some issues that need further attention. Most of the time, the IRS is just seeking more information and your audit can be handled easily.
However, if the audit becomes more involved, our team is prepared to provide reliable tax audit assistance to anyone in need of representation or counselling. Either way, the Levy team is experienced in handling any type of tax matter.
Back Tax Help for Those Who’ve Missed Deadlines
Once you have missed one or two return deadlines or failed to pay your liabilities, the penalties and interest can worsen rapidly, and the situation can quickly become too much to handle.
The best way to approach the situation is to act without delay and show the IRS that you intend to pay the money back by filing your returns anyway. Our job is to guide you when it’s become too difficult to improve the situation without outside help.
If it has already progressed to an overwhelming level, the sooner you contact us, the easier it will be for us to reshape your finances and help you regain that financial freedom.
Schedule a Free Consultation
Our team of experienced tax professionals in Detroit is available 24 hours a day, 7 days a week—so don’t delay. Contact us to schedule a free consultation and begin the process of addressing your tax problems and getting your life back.
You can reach us at 800-TAX-LEVY. You can also email us any day of the week. Read through our success stories to learn more about the outstanding reputation of Levy & Associates and how we can help you.