Specializing in IRS and NYS Tax Representation. Workers Compensation Audits, Payroll, Sales and Income Tax representation for Businesses, Individuals, Restaurants and Construction Companies. Civil and Criminal Workers Comp Audit representation includes: NYSIF Examinations, Premium Disputes, Employee Misclassification, Underreporting, Unreported Income, and Failure to Keep Accurate Payroll Records.
If you haven’t filed tax returns, or if you failed to provide documentation to the IRS or New York State Department of Taxation and Finance, you could be subjected to significant civil penalties and criminal prosecution. In a nutshell, failure to file tax returns creates serious financial and legal consequences. If you’ve been accused of willful failure to file a tax return, or if you suspect that you’re being investigated for failing to file tax returns, contact David Selig and Bradley Dorin, Esq. for a confidential and legally privileged consultation.
We successfully resolve most IRS and New York State Tax problems including suspended Drivers Licenses and Passports.
Specializing in large-dollar Payroll, Sales and Income Tax Representation for Individuals, Professional Practices and Businesses.
We negotiate excellent Payment Plans, Audits, Offers in Compromise, Payroll & Trust Fund Recovery Penalties, and most other tax issues.
Do you have Unfiled Tax Returns? We can have them prepared and filed for you within 48 hours, guaranteed.
Schedule a Free and Legally Privileged Consultation with a Federal Tax Practitioner and Attorney by calling (212) 974-3435 or contact us online.
Failure to file: Internal Revenue Code §6651(a)(1)
5% of unpaid tax required to be reported
Reduced by the “failure to pay” penalty amount for any month where both penalties apply
Charged each month or part of a month the return is late, up to 5 months
Applies for a full month, even if the return is filed less than 30 days late
Income tax returns are subject to a minimum late filing penalty when filed more than 60 days after the return due date, including extensions. The minimum penalty is the LESSER of two amounts – 100% of the tax required to be shown on the return that you didn’t pay on time, or a specific dollar amount that is adjusted annually for inflation. The specific dollar amounts are:
$215 for returns due on or after 1/1/2020
$210 for returns due between 1/1/2018 and 12/31/2019
$205 for returns due between 1/1/2016 and 12/31/2017
$135 for returns due between 1/1/2009 and 12/31/2015
$100 for returns due before 1/1/2009
Failure to paytax reported on return: Internal Revenue Code §6651(a)(2)
0.5% of tax not paid by due date, April 15; 0.25% during approved installment agreement (if return was filed on time, and taxpayer is an individual); 1% if tax is not paid within 10 days of a notice of intent to levy
Recurring charge on the remaining unpaid tax each month or part of a month following the due date, until the tax is fully paid or until 25% is reached
Full monthly charge applies, even if the tax is paid before the month ends.
Failure to pay tax not reported on original return and not paid in full within 21 days of the date of notice and demand; 10 business days if the amount in the notice and demand equals or exceeds $100,000: Internal Revenue Code §6651(a)(3)
0.5% of tax not paid by due date in notice - generally 21 calendar days from notice date, 10 business days if the balance equals or exceeds $100,000; 0.25% during approved installment agreement (if return was filed on time, and taxpayer is an individual); 1% if tax is not paid within 10 days of a notice of intent to levy
Recurring charge on the remaining unpaid tax each month or part of a month following the due date, until the tax is fully paid
Full monthly charge applies, even if the tax is paid before the month ends.
Failure to pay proper estimated tax: Internal Revenue Code §6654
Estimated tax payments are generally required, if you expect to owe at least $1,000 in tax after subtracting withholding and refundable credits.
Dishonored check or other form of payment: Internal Revenue Code §6657
For payments of $1,250 or more, the penalty is 2% of the amount of the payment.
For payments less than $1,250, the penalty is the amount of the payment or $25, whichever is less.
True Tax Help We successfully resolve all IRS and New York State tax problems including suspended Drivers Licenses and Passports. We specialize in unpaid payroll, sales and income taxes and negotiate excellent payment plans.
Representing individuals, professional practices and businesses before the IRS and State. Tax representation includes: Sales Tax Audits, Payroll Taxes, Criminal Tax Evasion, Installment Agreements and most other tax issues.
Schedule a Freelegally privileged consultation with a Federal Tax Practitioner and Attorney by calling (212) 974-3435 or contact us online.
The Internal Revenue Service has begun sending letters to taxpayers with virtual currency transactions that potentially failed to report income and pay the resulting tax from virtual currency transactions or did not report their transactions properly. "Taxpayers should take these letters very seriously by reviewing their tax filings and when appropriate, amend past returns and pay back taxes, interest and penalties," said IRS Commissioner Chuck Rettig. "The IRS is expanding our efforts involving virtual currency, including increased use of data analytics. We are focused on enforcing the law and helping taxpayers fully understand and meet their obligations." The IRS started sending the “educational letters” to taxpayers last week. By the end of August, more than 10,000 taxpayers will receive these letters. The names of these taxpayers were obtained through various ongoing IRS compliance efforts. For taxpayers receiving an educational letter, there are three variations: Letter 6173, Letter 6174 or Letter 6174-A, all three versions strive to help taxpayers understand their tax and filing obligations and how to correct past errors. Taxpayers are pointed to appropriate information on IRS.gov, including which forms and schedules to use and where to send them. Last year the IRS announced a Virtual Currency Compliance campaign to address tax noncompliance related to the use of virtual currency through outreach and examinations of taxpayers. The IRS will remain actively engaged in addressing non-compliance related to virtual currency transactions through a variety of efforts, ranging from taxpayer education to audits to criminal investigations. Virtual currency is an ongoing focus area for IRS Criminal Investigation. IRS Notice 2014-21 (PDF) states that virtual currency is property for federal tax purposes and provides guidance on how general federal tax principles apply to virtual currency transactions. Compliance efforts follow these general tax principles. The IRS will continue to consider and solicit taxpayer and practitioner feedback in education efforts and future guidance. The IRS anticipates issuing additional legal guidance in this area in the near future. Taxpayers who do not properly report the income tax consequences of virtual currency transactions are, when appropriate, liable for tax, penalties and interest. In some cases, taxpayers could be subject to criminal prosecution.
True Tax Help we successfully resolve all IRS and New York State tax problems including suspended Drivers Licenses and Passports. We specialize in unpaid payroll, sales and income taxes and negotiate excellent payment plans for businesses and individuals. To schedule a free consultation with a results driven Federal Tax Practitioner and Attorney call (212) 974-3435 or contact us online.
District Attorney says restaurant owner stole sales taxes and didn’t file sales tax returns. The New York State Department of Taxation and Finance and the District Attorney’s Office announced the arrest and arraignment of the owner of another New York Restaurant for allegedly failing to file sales tax returns and turn over more than $450,000 is sales taxes (if this sounds familiar, give us a call 212.974.3435)
We Take a Practical Approach to Problem Solving and Strive to Obtain the Best Possible Outcome for Our Clients
Tax Advocateswe successfully resolve most IRS and New York State tax problems including suspended Drivers Licenses and Passports. We specialize in unpaid payroll, sales and income taxes and negotiate excellent payment plans for businesses and individuals. To schedule a free consultation with a results driven Federal Tax Practitioner and Attorney please call us directly at (212) 974-3435.
Positive Energy, Purpose and Persistence Assure Success
Selig & Associates our offices are conveniently located in New York City and we meet with each and every client personally. To schedule a free legally privileged consultation with a Federal Tax Practitioner CPCU and Attorney please call us directly at (212) 974-3435. *Same day and emergency appointments are available upon request.
Right Reason + Effective Advocacy = Excellent Results
Insurance Claimswe settle insured property damage claims in the shortest amount of time and at the least cost to the policyholder and insurance company. Insurance litigation is costly and time consuming. Accordingly we provide policyholders with a cost effective alternative to litigation. Commercial and residential insurance representation includes: Environmental Damage, Mold (removal & remediation) Fire, Business Interruption, Burglary, Vandalism, Windstorm and Water Damage. For additional assistance please call us at (212) 974-3435.
Charges Include (1) Count of Conspiracy & (3) Counts of Income Tax Evasion
On 26 July 2019 the United States Attorney announced a Federal Indictment against two individuals who co-owned and operated an Adult Daycare Center for residents enrolled in the State’s Medicaid program. The two co-owners allegedly received more than $1 million from the company’s operating accounts and used the money for personal expenses, such as clothing, travel, entertainment, and automobiles. They supposedly falsified the company’s profit and loss statements, fabricated invoices, and failed to report and pay income tax on the income. The two co-defendants are scheduled to appear before the Magistrate on 9 August 2019.
We Take a Practical Approach to Problem Solving and Strive to Obtain the Best Possible Outcome for Our Clients
Tax Advocateswe successfully resolve most IRS and New York State tax problems including suspended Drivers Licenses and Passports. We specialize in unpaid payroll, sales and income taxes and negotiate excellent payment plans for businesses and individuals. To schedule a free consultation with a results driven Federal Tax Practitioner and Attorney please call us directly at (212) 974-3435.
Positive Energy + Purpose + Persistence = Success
Selig & Associates our offices are conveniently located in New York City and we meet with each and every client personally. To schedule a free legally privileged consultation with a Federal Tax Practitioner CPCU and Attorney please call us directly at (212) 974-3435. *Same day and emergency appointments are available upon request.
Right Reason + Effective Advocacy = Excellent Results
Insurance Claimswe settle insured property damage claims in the shortest amount of time and at the least cost to the policyholder and insurance company. Insurance litigation is costly and time consuming. Accordingly we provide policyholders with a cost effective alternative to litigation. Commercial and residential insurance representation includes: Environmental Damage, Mold (removal & remediation) Fire, Business Interruption, Burglary, Vandalism, Windstorm and Water Damage. For additional assistance please call us at (212) 974-3435.
Up until recently, identity theft was as popular as it was pervasive. And notwithstanding a small smattering of high profile cases, identity thieves went largely unpunished.
But what exactly is identity theft? In a nutshell, identity theft occurs when one person intentionally misappropriates another person’s name and Social Security number to commit fraud and crime.
Since I am a Federal Tax Practitioner I will discuss the two types of identity thieves that our Office most frequently encounters. The first identity thief steals someone’s name and Social Security number so she can file a phony tax return and pocket a refund. This particular crime is commonly referred to as “refund theft”. The second identity thief a/k/a (criminal "Number Two") commits what is colloquially called “employment theft”. The perpetrators, who are usually in the country illegally, steal someone’s Social Security number, or alternatively, knowingly purchase a stolen Social Security number ostensibly so they can work.
"Employment theft casts a long shadow and causes its victims considerably more inconvenience".
Unfortunately, a goodly percentage of these so-called "Employment Thieves" are also common criminals who aggressively leverage their purloined identities to obtain entitlements, benefits and merchandise that they’re not entitled to. The costs associated with “employment theft” exceed One Hundred Billion Dollars a year.
And that’s all there is to understanding identity theft. Nothing fancy, nothing elaborate, just a parasitic self-serving crime committed by a cold-blooded coterie of parasitic self-serving criminals.
In 2011 David Selig publicly exposed the astronomical amount of earned income fraud that illegal immigrants were committing under IRC Section 152. Believing that “sunlight is the best disinfectant” Selig lobbying for change, made over 100 television appearances between 2011 and 2016. In December 2017 President Trump successfully addressed and curtailed these abuses by implementing the "Tax Cuts and Jobs Act" which was signed into law on 22 December 2017.
Grand Jury returns 11-count indictment against a former bookkeeper who stole more than $223,000 from her employer (between January 2012 and June 2017). The indictment charged her with one count of second degree Theft of Movable Property, one count of second degree Computer Criminal Activity, four counts of third degree Failure to Pay Taxes, four counts of third degree Filing of a Fraudulent Tax Return, and one count of fourth degree Falsifying Records. If she’s convicted of either of the second degree offenses, she'll face a maximum of 10 years in state prison. The third degree charges each have a maximum 5-year exposure in state prison. The fourth degree charge has a maximum exposure of 18 months in state prison. Despite these charges, every defendant is presumed innocent, unless and until found guilty beyond a reasonable doubt, following a trial at which the defendant has all of the trial rights guaranteed by the U.S. Constitution and State law. (She'd better call Selig & Associates)
WeTake a Practical Approach to Problem Solving and Strive to Obtain the Best Possible Outcome for our Clients
Effective Tax Advocacy we successfully resolve most IRS and New York State tax problems including suspended Drivers Licenses and Passports. We specialize in unpaid payroll, sales and income taxes and negotiate excellent payment plans for businesses and individuals. To schedule a free consultation with a results driven Federal Tax Practitioner and Attorney please call us directly at (212) 974-3435.
Your Serious Tax Problem Deserves Our Serious Attention
Trust Selig & Associates our offices are conveniently located in New York City and we meet with each and every client personally. To schedule a free legally privileged consultation with a Federal Tax Practitioner CPCU and Attorney please call us directly at (212) 974-3435. *Same day and emergency appointments are available upon request.
Our Hard Work, Purpose and Persistence Assures Your Success
Insurance Claims Specialists we settle insured property damage claims in the shortest amount of time and at the least cost to the policyholder and insurance company. Insurance litigation is costly and time consuming.Accordingly we provide policyholders with a cost effective alternative to litigation. Commercial and residential insurance representation includes: Environmental Damage, Mold (removal & remediation) Fire, Business Interruption, Burglary, Vandalism, Windstorm and Water Damage. For additional assistance please call us at (212) 974-3435.
