Serving Jersey City and all of New Jersey
Paladini Law is a tax law firm, plain and simple. I do not focus my efforts on any other practice area. I have spent my entire legal career in the tax field, from earning a Master of Laws in Taxation to gaining valuable experience at one of the best tax law firms.
As a tax attorney in NJ, my focus allows me to always be current on the latest tax changes and updates. By handling similar cases repeatedly, I’m able to gain a proficiency in the area of tax law, rather than being spread out among many practice areas.
IRS Installment Agreements
Owing money to the IRS is stressful. But one of the remarkable things about the IRS is they base everything on the ability to pay. It doesn’t matter how much you owe. Rather, the focus is on your current financial situation. If you cannot afford large monthly payments, the IRS will not require large monthly payments. If you need help repaying IRS tax debt, contact me today to discuss payment options. You can also learn more about IRS installment agreements here.
IRS Offer in Compromise
Sometimes the amount owed to the IRS is insurmountable. It simply will never be repaid. In these cases, the IRS may settle the tax liability. But don’t be fooled by tax resolution companies who blindly promise to settle the debt instantly. The IRS offer in compromise program is a formal process, with many intricacies. More than half of all offers submitted are rejected. But our success rate is much higher. Why? Experience and honesty. We only file offers in compromise if we honestly believe they have a high success of being accepted, and we have the experience to know when that is the case. Contact me to discuss whether an IRS offer in compromise is a viable option for you. Here’s more information about the IRS Offer in Compromise process.
Of all tax issues to have, an audit may be the most stressful. It’s stressful because it’s an unknown and new experience. But it’s not a new experience for me. As a tax attorney in NJ, I’ve handled audits ranging from substantiation audits of small businesses to audits involving complex accounting rules with millions of dollars at stake. I’ll give you a realistic outlook of how the audit will proceed and what you can expect. Contact me about your IRS audit. Learn more about IRS audits here.
No one likes audits, and state audits are as bad as federal ones. NJ audits can be frustrating because if they do not accept the records provided, they will estimate items such as gross receipts. While the money at stake is generally less than for an IRS audit, it’s still important to have an experienced NJ tax attorney at your side. If you need a consultation regarding a New Jersey tax audit, contact me.
If you have NJ tax debt, you most likely will need to make payment arrangements. Unlike the IRS, New Jersey settles very few debts. Rather, they prefer to collect via payment agreements. If you haven’t succeeded in resolving this with the State of New Jersey, contact an NJ tax lawyer today.
Disclosure of Foreign Assets
Failing to properly disclose foreign assets to the federal government can lead to severe civil and criminal penalties. There’s a maze of disclosure programs available to come forward and correct past issues. Having a NJ tax attorney navigate the maze for you is imperative. I’ve successfully completed traditional OVDP disclosures and streamlined disclosures for clients. If you have undisclosed foreign assets or foreign assets you have not been paying U.S. taxes on, contact me today. Here are some options available for taxpayers with undisclosed foreign assets.
You need to take payroll tax cases even more seriously than other types of cases. The IRS aggressively pursues individuals and businesses who are behind on payroll taxes. If you owe payroll taxes, you can expect an in-person visit from an IRS revenue officer. Here’s what you should know about payroll cases.
Contact an NJ Tax Attorney Today!
Please don’t hesitate to contact me today for a free consultation with an experienced tax attorney in NJ to discuss your situation.