Have you attempted to handle a tax matter alone just to find yourself confused and frustrated? Have you tried to navigate the Internal Revenue Code without proper understanding? Did you fall for an advertisement offering a tax settlement for 'pennies on the dollar' without fully comprehending what you are required to provide in return? Are you unsatisfied with another tax relief provider? Do you simply want to make your tax debt manageable? Do you want to confirm whether you even owe the IRS?

Did you answer 'yes' to any of these questions? Contact Nyar Tax today for a tailored, complimentary consultation.

The IRS is making intense efforts to collect the billions of dollars that are owed to the federal government. Being indebted to the IRS can cause a substantial amount of stress to you and your family. The collection process starts with an unpaid IRS tax liability, which can become constant notices and demands for payments. The government may also launch an investigation into your personal finances to identify sources of potential income and tax liability. Penalties and interest continue to accrue on the tax debt until the full payment is made; interest is calculated daily as the debt remains unpaid. In an ideal situation, the IRS could be paid in full. However, if your situation is less than ideal, it's essential to devise a sound plan that alleviates the tax burden from you and your family. Even if only one person owes the tax debt, the government may inquire about financial information pertaining to all household members.

Protect your household from exorbitant penalties and interest. Nyar Tax can help you get started on your tax relief blueprint today.

Have you been receiving IRS notices in the mail? Are you trying to buy yourself some time before responding so that you can increase your income first? If so, STOP. Time is of the essence. If you simply ignore the IRS, you are potentially missing critical deadlines and robbing yourself of effective resolutions, such as the opportunity to present your case to the Appeals Division. With assertive representation, we consider the Appeals Division to be a strategic method for sound resolution.

Preserve your IRS appeals rights. Don’t delay! Contact Nyar Tax today for appeals representation.

Failure to pay a tax debt can result in a government legal claim against your property in the form of a lien. Essentially, the lien preserves the government’s interest in such items as your real estate, personal property, and financial assets. Moreover, the IRS may file a public document, Notice of a Federal Tax Lien, to alert creditors of its legal right to your property. Liens can affect your creditworthiness and attach to all of your assets. Likewise, if you're a business owner, the lien attaches to all business property including, but not limited to, accounts receivable. This can be extremely detrimental to the viability of your business.

Keep your assets and credit yours. Nyar Tax will assist you in creating a lien and levy resolution. Reach out today.

Abuse, health crises, unemployment, divorce, and other life challenges may result in financial disarray, which often includes unfiled tax returns. Simply put, unfiled tax returns are a serious issue. In fact, failure to file a tax return may be considered a crime. As the situation remains unresolved, many individuals choose to do nothing, not knowing where to begin. While unforeseen circumstances may arise, it is crucial that these returns are filed immediately. Not only will the IRS pursue you, the agency may use its limited information to create a substitute tax return, also known as an "SFR". This substitute document does not consider available tax advantages , often resulting in Taxpayers owing the government money. Additionally, if you are owed any tax refunds, you may forfeit your right to any money if you fail to file within a statutory time period. For these reasons, unfiled tax returns require immediate attention. At Nyar Tax, clients are more than their balance sheets and tax debts. We value engaging client relationships and providing individualized attention to devise comprehensive plans for unique tax circumstances.

You’re more than a set of numbers. Contact Nyar Tax for tax return help.

Many business owners neglect to pay employment taxes especially when they own a struggling business. In so doing, businesses may not realize that they are ultimately borrowing money owed to the IRS to keep their business viable, which is a big risk. Business owners, officers, and even employees may be held personally liable for unpaid taxes. To make this determination, the IRS conducts a specialized investigation with the purpose of pinpointing all company individuals who made the decision to forgo payment to the IRS. Revenue officers are highly trained to conduct and oversee such meticulous inquiries and will often make surprise visits to your office or place of business. This calculated move is designed to collect employment taxes and investigate business operations. More precisely, the investigation will be centered on individuals who had decision-making authority to withhold taxes from the government.

Put an end to investigations at your business. Get an immediate assessment on employment tax matters by reaching out to Nyar Tax.

Properly classifying employees and independent contractors is a must for every business owner. These titles are more than just labels. It is essential to evaluate the actual duties of an individual to determine the accurate classification. Determining who is an employee and who is an independent contractor has significant tax consequences. Federal and state authorities, unemployment insurance entities, and workers’ compensation authorities are actively investigating businesses for compliance, abuse, and ultimately, potential liability. This can be costly and even crippling for a business.

Are your employees classified correctly? Contact Nyar Tax to determine if your business has made the proper classifications.

The IRS audits millions of Americans each year, seeking to secure billions of dollars in taxes, interest, and penalties. In an IRS tax audit, IRS officers will aggressively scrutinize tax returns and tax payment history to identify potential liabilities. Are you the subject of an IRS tax audit? If so, do not ignore any IRS notices. Preserve all documentation related to the tax year(s) at issue. This includes actual audit notices, related tax returns, and documents supporting such returns. The Internal Revenue Code is quite complex, and Nyar Tax is trained to conduct in-depth analyses to identify proficient tax resolutions. Moreover, Nyar Tax evaluates and interprets various US Department of the Treasury regulations, IRS codes, US Supreme Court rulings, and other applicable documents to provide our clients with informed representation.

Don't let the IRS secure your money in the form of a tax audit. Nyar Tax will work to represent you and find a resolution. Contact now.

The IRS has taken an aggressive stance toward Foreign Bank and Financial Account Reporting (FBAR) and Foreign Account Tax Compliance Act (FATCA) enforcement, hitting taxpayers with steep penalties when noncompliance is discovered. Correctly reporting financial account information to the IRS and maintaining foreign account tax compliance can be tricky. Since some forms related to foreign financial accounts are not included in the 1040 tax return, even tax professionals can be unaware that these items are required when providing guidance to their clients. This means that it could take years before your FBAR and FATCA noncompliance is realized, even if you are actively working with a tax professional. Nyar Tax offers a team experienced in FBAR and FATCA matters. Whether you have received a notification informing you of noncompliance in these areas or have questions about tax issues related to your foreign financial accounts, Nyar Tax can offer peace of mind and skilled representation.

Do FBAR and FATCA apply to your financial accounts at foreign institutions? Contact Nyar Tax today for detailed explanations and adept representation.

Successful tax resolution requires that taxpayers become and remain compliant with all applicable tax laws. First and foremost, it is vital to identify any missing tax returns and accurately file them as soon as possible. Additionally, if you are a business owner, all federal tax deposits must be current. Failure to pay a determined tax liability, even after a tax resolution, is a further example of noncompliance. At Nyar Tax, we simplify and monitor tax compliance for our clients, providing them with tactics that will keep both individuals and businesses in good standing with the IRS. We understand that tax controversy is a complex process; therefore, a successful negotiation with the IRS on behalf of our clients is our first priority.

Ensure the IRS doesn't find you noncompliant. Contact Nyar Tax to begin receiving continuous tax compliance monitoring and education.