500 W. Madison St., Suite 1150 Chicago, IL 60661
Tuesday, November 14, 2017 from 9:00 AM to 11:30 AM
How to Resolve IRS and Illinois Income Tax Debt
The largest and most aggressive debt collector which oversees business and personal back taxes is the IRS and running a close second is the State of Illinois. Both the IRS and State of Illinois have access to personal and business financial information for the purpose of imposing bank levies, wage garnishments and involuntary property sales to satisfy uncollected tax debt. So what rights do business owners
This seminar will address the following:
1. Can I negotiate my state and federal payroll tax debt?
2. How do I get an IRS or state lien removed?
3. How can I get an IRS or state levy released?
4. Will the IRS or State of Illinois seize my business assets to satisfy tax debt?
5. How does an IRS and Illinois Offer in Compromise work?
6. Will filing bankruptcy shelter me from IRS or state tax debt?
Business owners will gain an understanding of:
The basic debt collection procedures which frame all IRS and state tax initiativesBusiness ownersill gain an understanding of:
effective taxpayer tools to mitigate and often eliminate federal and state back taxesThe rights available to all taxpayers when negotiating federal and unpaid taxesBuilt-in limitations placed on IRS and state tax collection activity
institutional resources to appeal IRS and state tax debt
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Presenter: Pete Lewis of Lewis & AssociatesTax Planning, Inc., (LATP) in St.Charles, Illinois has more than 30 years of tax and accounting experience. LATP provides tax planning, compliance, IRS debt resolution and audit representation before federal and state tax authorities. He holds an MBA in finance from Dominican University in River Forest, Illinois, and a Bachelor’s Degree from Southern Illinois University in Carbondale, Illinois. He is also a Certified Public Accountant and an Enrolled Agent to Practice before the IRS.