IRS / State Unfiled Tax Returns- When Voluntary Turns Into Involuntary Tax Collection, DWK Tax Group

US-WIDE, US-wide - May 15, 2013 - PRLog -- Are you looking to stop the vicious cycle? DWK Tax Group has the gumption to address the aggressive tax collection effort by the IRS or State taxing authority in a hurry. DWK Tax Group, Nationwide, provides the most comprehensive upfront analysis, feasible options and realistic solutions to all persons who have a tax obligation requiring some attention. No wasted motion, speak to a corporate partner today to understand the complexities of the internal revenue code and binding state collection code that specifically applies to your residential or home state.

Individual and Business tax returns go hand in hand, the business income must be pin pointed first, minus adjustments for business expenses, payroll and depreciation, leads to the net business gross receipts.

S-Corporation - Pass through entity (Form 1120S)

Partnership - Pass through entity (Form 1065)

Single member LLC (Limited Liability Company) - Can be a "disregarded entity" if business owner so decides (Form 1040)

Sole proprietor - Doing Business As (DBA) Considered a hobbie if income is not produced within 3 years out of 5.

Net business receipts will then flow toward your individual tax return, Form 1040 or income is reported via a Schedule K-1 (S corporation or Partnership).

Still not motivated to file a tax return? Here is where it becomes "involuntary".

In July of 2000, the Internal Revenue Service initiated and created the Federal Payment Levy Program (FPLP) along with the Department of Treasury and the Financial Management Service (FMS). IRC Section 6331(h) authorizes the IRS to collect on overdue tax debt via a continuous levy until the amount is paid in full or some other payment arrangement is reached.

Income such as; federal employment retirement annuities, contractors doing business with the federal government, certain social security benefits, Medicare provider payments and railroad retirement board benefits paid to you.

Soon the FPLP will extend to federal employee salaries and other types of federal payments.

Before it gets too late and the tax issue spins way out of control, contact DWK Tax Group at 1 - 8 6 6 - 2 2 6 - 6 1 0 2 or visit http://dwktaxgroup.com/ for your opportunity to get this handled correctly the first time around. Sometimes folks just need a little time to get back on their feet, DWK can provide that relief or maybe erase a great majority of the balance due. Get yourself a "Fresh Start", you be glad you saw this press release, do let the tax thing stress you out, you have options.