Tax problems? Los Angeles-basedTax Experts Offer Help!

Los Angeles Tax Experts Offer Real Tax Solutions

Los Angeles Tax Experts with Real PAYROLL Tax Solutions!

Los Angeles Tax Expert Explains the Difference Between a Tax LIEN & a Tax LEVY!

Learn the truth about Offers in Compromise from a Los Angeles tax expert!

There are fast and loose claims on T.V. and online that Offers in Compromise are an easy way to reduce your tax debt, but the reality is a lot different. Let someone who knows how the I.R.S. works from the inside out tell you the truth about Offers in Compromise and help you navigate your way out of tax debt.

Tax debt resolution made easy by Los Angeles tax expert!

Demetriou, Montano, and Associates is expert in resolving tax debt problems and specializes in tax collection negotiations. Because our firm is comprised of former IRS collection personnel, we absolutely know how the IRS and other tax collection agencies work. We will work with your tax attorneys, CPAs and other tax professionals. Our staff's 50 years of former IRS experience enables our firm to successfully negotiate client-favorable tax problem resolutions.

The field of taxation is very broad. It is difficult to be completely knowledgeable in
accounting, taxation, audits, tax court AND collection issues. We maintain collection proficiency because we specialize in collection problems. We know what to say, but more importantly, what NOT to say to tax collection enforcement personnel.

The IRS can take rapid and unexpected action to levy and seize your assets or close down your business. DM&A routinely uses monthly Installment Agreements, Levy and Seizure Releases, Tax Lien Discharges and Subordinations, Appeals, Trust Fund Recovery Penalty defenses, Audit Reconsiderations, Offers in Compromise, Innocent Spouse Relief, Refund Claims and, if necessary, Tax Bankruptcies, to resolve the most difficult tax problems.

DM&A also handles California tax problems with the Franchise Tax Board, Employment Development Department and the Board of Equalization.
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IRS Question of the Month: What do I need to know BEFORE I call the IRS?

You must know as much as possible about your tax situation, which tax returns are filed/unfiled and how much you owe the IRS? If you do not know, ask the IRS, they must tell you. Next, you must know your own financial situation. You need to know the Fair Market Value (FMV) of your assets such as cars, real estate, retirement plans, etc., the encumbrances against those assets and whether you can borrow on them. You need to know your MONTHLY income and business and personal household living expenses. Not generally, but specifically, and your income and expenses must generally balance on a month-to-month basis. Ordinarily, you cannot spend more than you make or bring into your business/household. Basically you must write down a cash flow statement or budget that shows all of your monthly income and expenses. You must include non-taxable income, e.g., Child Support, or any regular monthly contributions from third parties. If you spend more than you bring in, ou must be able to explain how you make up the shortfall.