Excellent Personal and Business Tax Attorney Serving Jefferson, NJ
A tax issue should not get in the way of running your business or leading your normal life. If you are dealing with an issue involving the Internal Revenue Service or New Jersey Department of Taxation in Jefferson, I can handle it for you. I am an experienced and proven Jefferson Tax Attorney.
Taxes. No one wants to pay them, and even gathering the documents you need to file your annual return is a pain. But, as a New Jersey resident or business owner, meeting your obligations to the Internal Revenue Service (IRS) and the New Jersey Department of Taxation is mandatory and failing to report your income or pay what you owe can lead to drastic consequences.
Just how drastic? Technically speaking, simply failing to file a tax return is a crime that can land you in prison. Are you going to go to prison for failing to file a return? Probably not, but you could be at risk for significant financial penalties. In cases of fraud, the IRS can impose penalties as high as 75 percent of the amount of underpayment. A simple failure to file can result in a monthly penalty of 5 percent of the net tax due – up to a total penalty of 25 percent. This, of course, is in addition to payment of the actual tax you owe as well as the interest accrued.
With these penalties in mind, if you are concerned that you could be behind on your income reporting or tax payment obligations, it is imperative that you discuss your situation with an experienced tax attorney. With offices in Morristown, I represent individual and corporate clients in tax matters throughout New Jersey. If you live or work in Jefferson and have been contacted by revenue agents from the IRS or the New Jersey Department of Taxation, I can help you. I encourage you to contact me promptly for a free initial consultation.
“Brad has helped me with numerous tax issues, and he’s probably the person most responsible for my mom being able to retire and keep her house. [I highly] recommend him.” – Jacob William
Experienced Legal Representation for Federal and State Tax Issues
How can I help you? With years of experience, as a Jefferson Tax Lawyer, helping clients save millions of dollars in tax liability while working with hundreds of state and federal tax agency employees, I have built a full-service tax law practice that focuses on representing clients in matters such as:
- IRS Installment Agreements
- IRS Offers in Compromise
- IRS Audits
- New Jersey Department of Taxation Audits
- New Jersey Department of Taxation Payment Agreements
- Disclosure of Foreign Assets
- Payroll Taxes
Answers to Common Questions about Dealing with Tax Problems in New Jersey
Q: If I discovered an issue with my federal tax returns, should I report the issue to the IRS?
As a general rule, yes. If you have underpaid your taxes, failed to disclose foreign assets, or made any other mistake on your state or federal returns, your best option is to address it proactively. But, how you address the issue is a matter that you will likely want to discuss with an experienced tax attorney. While the IRS is generally more forgiving of taxpayers who affirmatively disclose violations, you still want to make sure you have a strategic plan for moving forward.
Q: Can I be penalized for failing to file quarterly returns?
If you own a business or do not have taxes withdrawn from your paycheck, you are required to file quarterly returns with the IRS that include estimated payments of your income tax liability. If you have failed to file your quarterly returns and make estimated payments, the IRS can penalize you by charging interest on the amount(s) you failed to pay.
Q: Can my tax attorney deal with the IRS or New Jersey Department of Taxation on my behalf?
Yes, absolutely. In fact, most of my time is spent communicating with revenue agents and Appeals Officers on behalf of my clients.
What You Can Expect from Paladini Law
You have a choice when it comes to your legal representation for tax matters in Jefferson, NJ. So, why should you choose Paladini Law?
- Experience – I draw upon years of experience practicing exclusively in the area of tax law to develop and execute effective tax mitigation strategies for my clients.
- Results – While I cannot guarantee that I will save you money, what I can tell you is that my clients have avoided millions of dollars in taxes and penalties as a result of my representation.
- Client Focus – I am passionate about solving my clients’ tax problems. As my client, your needs come first and I am here for you seven days a week. I am a dedicated and committed Jefferson Tax Attorney.
Schedule a Free 20-Minute Phone Consultation
To get started, please contact me a knowledgeable and skilled Jefferson Tax Attorney, to schedule a free, 20-minute initial phone consultation. Call or text (201) 381-4472 or get in touch online, and I will respond as soon as possible.