Dallas, TX –August 28, 2014- Nick Nemeth, who is well regarded as the Managing Partner of The Law Office of Nick Nemeth PLLC, a renowned Tax Law Firm operating in the Dallas and Fort Worth area, has just published a new blog entry on his website discussing IRS controversy and how taxpayers can respond. The blog, titled “It Doesn’t Have to Ruin Your Life: Four Ways to Minimize the Damage from an IRS Tax Dispute” explains that an IRS dispute doesn’t have to be devastating.
IRS Attorney Nick Nemeth writes, “An IRS controversy is every taxpayer’s worst nightmare. Most people have heard horror stories about IRS abuse from a friend, relative, or colleague who found themselves in a tax controversy.
And while we have seen firsthand just how aggressive the IRS can be, it’s important to understand that you can keep your tax controversy under control if you act quickly. Too often, taxpayers make strategic mistakes which end up making their situation worse. Here are four steps to take immediately:
1) Don’t miss deadlines. It’s tempting to ignore your IRS problem in hopes that the agency will leave you alone. But this won’t happen, and all you will do is make matters worse and accumulate additional penalties and interest. Don’t miss IRS deadlines.
2) Don’t give the IRS more than they ask for. When the IRS requests information from a taxpayer, often the taxpayer decides to “go the extra mile” in order to impress the IRS, and so they provide information above and beyond what the IRS requested. But by doing so, the taxpayer invites the IRS to scrutinize this additional information as well, which often ends up making the situation worse. Give the IRS what they require and nothing more.
3) Get your documentation in order. In most tax disputes with the IRS, the critical factor is documentation. As a taxpayer, the more extensively you can document your tax filings, the better off you will be. If you find yourself in an IRS dispute, an early priority should be to gather and organize all documentation relating to the dispute.”
The Law Office of Nick Nemeth provides their clients with assistance, in the Dallas area, with resolution of IRS disputes. Their tax attorneys work with taxpayers and business owners to help them get past the devastating consequences of IRS controversy. The entire blog can be found by clicking here - http://www.myirsteam.com/
To learn more about The Law Office of Nick Nemeth, please visit http://www.myirsteam.com
About Nick Nemeth:
The Law Offices of Nick Nemeth focus solely on IRS tax problems and one of the most common reasons clients come to Nemeth is for delinquent tax returns.
With over 15 years experience as a lawyer, Nick Nemeth is a best-selling author who focuses on helping both individuals and businesses overcome the stress and devastation of their tax problems. At his boutique tax law firm located in the Dallas/Fort Worth area, solving IRS problems goes beyond saving his clients’ money.