The IRS Debt Collection Process

Posted by on Jul 26, 2017 in Uncategorized | 0 comments

The IRS collection process always starts with a tax assessment. Until the IRS makes an assessment, there is no official tax debt. Without an effective assessment in place, no collection efforts will ensue. An assessment takes place when the IRS officially notes in its record how much a taxpayer owes for any tax year or tax period. Assessments are based on returns that are filed by the taxpayers, returns the IRS files in place of returns a taxpayer neglects to file, or from changes the IRS makes to a return. Hopefully you can avoid the entire process of dealing with the IRS from the bad side, but if not, ensure you have sought out an excellent tax attorney in los angeles to assist you!

Sometimes the first IRS notice a taxpayer will receive will inform them about the existence of a debt is a Notice of Taxes Due. This notice will state that the taxpayer owes a certain amount for a certain year or years and is generated with the IRS processes a return the taxpayer filed and sees that it was not paid in full. Another IRS notice is a Notice of Proposed Changes, where the IRS makes changes to a return the taxpayer had already filed and adds taxes and or penalties and interest. The IRS also sends a notice when it files a return for a taxpayer for a year that the taxpayer did not file his or her own. A return that the IRS files in lieu of one that the taxpayer never filed is called a substitute or a return. It can be important for a taxpayer to replace a substitute for a return as the IRS does not credit the taxpayer for any deductions the taxpayer would have been eligible to claim.

If the assessment is consistent with the return that taxpayer filed and is accompanied by a payment from the taxpayer for all taxes owed, then the assessment does not lead to a tax debt. On the other hand, if a taxpayer doesn’t pay a tax debt in full, the IRS will initiate efforts to collect on the delinquent tax debt. Seeking appropriate tax resolution advice is the first thing you should do as a debtor. Any time a tax payer has a debt of over ten thousand dollars, or receives a threatening letter from the IRS it makes good sense to seek the right advice and ask about options for resolving IRS tax debt. Given the right circumstances, even a large debt can be settled for a smaller amount.

It can be the case that the first time a taxpayer realises that they owe the IRS at all is when a Notice of Intent to Levy is received. A Notice of Intent to Levy is a written warning that is mailed to the taxpayer, alerting the taxpayer that the IRS is attempting to collect on a tax debt. Notices of Intent to Levy can come with a ten or thirty day warning period, giving the taxpayer time to take action to protect themselves. Notice of Intent to Levy should never ever be ignored.

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A Small Guide To Disaster Recovery

Posted by on Jul 26, 2017 in Uncategorized | 0 comments

The first thing to remember when it comes to business disasters is you need to protect your documents and maintain your document storage. Not many businesses use paperwork anymore as everyone leans more toward protecting their carbon footprint nowadays and moving over to an electronic system helps the carbon footprint. Filing cabinets stuffed full of file after file with personal customer or candidate details are turning into the thing of the past as most companies move over to document management software which can be held on servers in the office.

Being able to work alongside your IT Company and have a ‘cloud’ system where paper documentation is scanned in and saved to this is the best thing you can do for your company before a crisis could ever happen. The office is not a place that is protected from every issue in the world and while in the main, offices are made of bricks and thick safety glass, they are not always protected against disaster situations. Natural and human disaster can affect your offices and your business just as much as it can affect your home. Think of the bombings in London on 7/7 that affected the surrounding areas above the tube station or the 9/11 massacre, these are all horrific disasters that affected businesses.

Fire and flood are the two main disasters that can really hurt your business if you don’t have a backup system. Of course there are companies out there that are able to restore your documents back to their original purpose and these can cost money, but first and foremost protecting the paper work you have is important.

Hiring in a proper Electronic computer document storage to assist you with your transition from paper to software is a smart decision as you can offer training to your staff. Scanning in your paperwork and moving it online means that even in the event of a flood through the computer systems and existing IT infrastructure, you have your important documentation squared away and safe so you can access it all over again. A lot of companies have dusty basements or cellars stuffed full of filing cabinets and the issue with that is you can actually risk mould and mildew damage on the paperwork. Of course not every basement is unsafe for your documents but if the office is damp then you definitely risk it. Tightly packed paperwork doesn’t easily become affected by mould and mildew and there are several thousand species of mould all of which can be very damaging to paperwork. Not only that but it can have severe health and safety repercussions. Did you know that mould growth on water damaged documents can start within 24 hours? You have to move the documents to frozen storage to prevent this deterioration spreading. Air drying and freeze vacuum drying are the only ways you can restore paper documentation from water and mould damage but if you want to avoid the costs altogether then the best course of action for your business is to move your entire paper based system over to the cloud and use protected document management software. This way you can save yourself recovery action and a fat pay out!

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Why Your Company Needs A Digital Marketing Agency

Posted by on Jul 26, 2017 in Uncategorized | 0 comments

Although there was a lot of plate spinning, most companies never truly consider outsourcing to an agency. This was partly because of budget constraints but also because they considered the talented individuals they worked with as the best people to market to their respective territories. Although these are common reasons not to bring in an agency, I’d like to go through five that counter this perspective.

Money

The first issue of budget is a false economy for me. In my mind, you can’t afford not to. If you are a business owner, you probably run a tight ship and, with limited time, you keep those plates spinning to ensure the business is growing, profitable and one step ahead of the competition. So why would you spend precious budget on a digital marketing agency? Simple. ROI. Agencies have the time you don’t and a wealth of knowledge that could trim wasted budget and get more bang for your buck (or pound). This is no more true than in an activity highly correlated with revenue, such as PPC. Our own Jonathan can write a bespoke script for you to automate bidding based on your ROI… sound good? Many of your clients think so too.

Transparency

Working with a professional marketing services in Massachusetts you’ll have a discussion about goals and KPIs, with regular reviews so you know what your money is buying and that you are on track. More than that though, you will be talking to professionals that can manage your expectations on how likely it is to achieve your goals, how much input is required from your business and what you’re likely to gain from it.

Pooled Resource

Having a company full of digital marketing professionals is very handy. You may approach an agency because you have a need to outsource one activity but later find that you need help with something else too. Are you creating a new website and don’t want to harm your existing website traffic and revenue? Your chosen digital agency has done this countless times and can steer you in the right direction, or take on the project as a whole. With a digital marketing agency on board, you’ll have access to a pool of knowledge you can tap into whenever the need arises.

Fresh Eyes

Ever stared glassy eyed at a PPC campaign that either you or your marketing staff have spent the last few years updating? Not sure where to go next? Using a digital marketing agency means that you have professionals on hand with the best tools to view your campaign and see things you may have missed. They could inject a new lease of life into it and unlock more potential.

Avoid the Learning Curve

Most digital agencies have been around for a while, and they have worked with a vast spectrum of clients in that time. The likelihood is that whatever your problem or need, it’s likely that Digital agency has been through the same process with other clients. They have the tools and knowledge to do it more quickly and efficiently than you will be able to.

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How To Deal With Natural Disasters In The Office

Posted by on Jul 26, 2017 in Uncategorized | 0 comments

The office is not a place that is protected from every issue in the world and while in the main, offices are made of bricks and thick safety glass, they are not always protected against disaster situations. Natural and human disaster can affect your offices and your business just as much as it can affect your home. Think of the bombings in London on 7/7 that affected the surrounding areas above the tube station or the 9/11 massacre, these are all horrific disasters that affected businesses.

The first thing to remember when it comes to business disasters is you need to protect your documents and maintain your Documents Storage Solutions. Not many businesses use paperwork anymore as everyone leans more toward protecting their carbon footprint nowadays. Filing cabinets stuffed full of file after file with personal customer or candidate details are turning into the thing of the past as most companies move over to learn storage for documents. Being able to work alongside your IT Company and have a ‘cloud’ system where paper documentation is scanned in and saved to this is the best thing you can do for your company before a crisis could ever happen.

Fire and flood are the two main disasters that can really hurt your business if you don’t have a backup system. Of course there are companies out there that are able to restore your documents back to their original purpose and these can cost money, but first and foremost protecting the paper work you have is important.

Scanning in your paperwork and moving it online means that even in the event of a flood through the computer systems and existing IT infrastructure, you have your important documentation squared away and safe so you can access it all over again. A lot of companies have dusty basements or cellars stuffed full of filing cabinets and the issue with that is you can actually risk mould and mildew damage on the paperwork. Of course not every basement is unsafe for your documents but if the office is damp then you definitely risk it. Tightly packed paperwork doesn’t easily become affected by mould and mildew and there are several thousand species of mould all of which can be very damaging to paperwork. Not only that but it can have severe health and safety repercussions. Did you know that mould growth on water damaged documents can start within 24 hours? You have to move the documents to frozen storage to prevent this deterioration spreading.

Air drying and freeze vacuum drying are the only ways you can restore paper documentation from water and mould damage but if you want to avoid the costs altogether then the best course of action for your business is to move your entire paper based system over to the cloud and use protected document management software. This way you can save yourself recovery action and a fat pay out!

Read More

Buying A Holiday Home To Let

Posted by on Jul 26, 2017 in Uncategorized | 0 comments

Perhaps you want to join the bandwagon and buy a holiday home, it’s great news if you want to invest in best value for holidays homes abroad. It’s important to be aware of how you can buy a home abroad so take a look at these areas to consider when buying a holiday cottage to let.

Location – an important consideration when buying a holiday cottage to let

If you’re deliberating over getting a best worldwide property deals on a holiday cottage to let, the likelihood is that it’s going to be away from your current place of residence. This comes with some added considerations; areas popular with tourism often carry with them a premium price, and also require a local knowledge to ensure you’re in the right place. In some locations the difference a mile can make in potential rental value you can expect to gain, and the price you’ll have to pay can be massive. Ensure you do your research; speak with a number of local agents, and also visit a range of properties in the locality to allow you a greater understanding of the market. You want to make sure what it is you’re buying is going to give you an adequate return.

Size matters

Who is going to want to stay in your property, and does the size therefore make it suitable?  If your holiday cottage is likely to be full of young families from spring to summer then it’s vital you have the space in which to accommodate them. You may also want to consider the space outside of your holiday home; does it have a large garden in which children can play? Or where romantic couples can watch the sun set? Also bear in mind that the larger your holiday home is, the more maintenance and cleaning it will require. Who will be doing that for you? Are you factoring this into your on going running costs?

Local amenities

What is it that brings people to a certain location? Whilst getting the right sized property in the right spot will significantly increase your chances of bookings, it’s important to remember that guests will actually spend the majority of their time outside of your holiday home! Tourist attractions, restaurants and pubs, walks and beaches; all these things will make great selling points when it comes to marketing your holiday cottage and it’s vital that as an industry we all work together in order to promote the destinations in which we live and work.

Specialist Holiday Letting Insurance

Once you’ve found your perfect property, you’ll need specialist holiday home insurance to protect you from incurring financial loss if your property suffers an insured peril. Working with a specialist means they understand the risks you’re facing, and can provide you with the cover that you really need. Whether it’s Loss of Rent cover that ensures you don’t lose out should your holiday home become uninhabitable due to issues such as storm damage, or Accidental Damage making sure you don’t end up out of pocket if a guest damages your property, our team will speak with people just like you every day and will be able to help.

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