Penalty Abatement

What Do I Do if I Received a CP14 Letter?

Have you recently received a CP14 letter from the IRS?

If so, you're not alone. This formal notice typically informs taxpayers of a balance due on their account. While receiving this letter may cause concern, it's essential to understand your options for resolution.

Understanding the CP14 Letter
The CP14 letter is a notice sent by the IRS to inform taxpayers of an outstanding balance on their tax account. It includes details such as the amount owed, any accrued interest, and payment instructions. Ignoring this notice can lead to further penalties and enforced collection actions, so it's crucial to address it promptly.

Steps to Resolve the CP14 Letter
Review the Letter: Take the time to carefully review the CP14 letter and understand the details of the balance due. Note the amount owed, the due date, and any applicable interest or penalties.

  • Assess Your Finances: Evaluate your financial situation to determine how much you can afford to pay towards the balance due. Consider your income, expenses, and any available assets or savings.
  • Contact the IRS: Proactive communication with the IRS is key. Reach out to discuss payment options, such as setting up an installment agreement or requesting an offer in compromise if you're unable to pay the full amount.
  • Consider Professional Help: Dealing with IRS notices can be complex and overwhelming. Seeking professional assistance from a tax resolution expert like Ben Butterfield can provide invaluable support and guidance.
    Why Seek Professional Help?

Navigating the process of resolving a CP14 letter can be challenging, especially if you're unfamiliar with tax laws and procedures. Here's why seeking professional help is your best bet:

  • Expertise: With over 9 years of experience in tax resolution, Ben Butterfield has the expertise to navigate complex tax issues effectively.
  • Personalized Solutions: Ben understands that every taxpayer's situation is unique. He takes the time to assess your individual circumstances and tailor solutions that best fit your needs.
  • Peace of Mind: By enlisting Ben's help, you can have peace of mind knowing that a knowledgeable professional is advocating for your best interests and working towards a favorable resolution.

Choose Ben Butterfield for Your Tax Resolution Needs
If you're facing a CP14 letter or any other tax-related issue, don't navigate it alone.

Let Ben Butterfield and his team at BPB Tax Resolutions guide you towards resolution. With their expertise and personalized approach, you can address your tax concerns with confidence and achieve peace of mind.
Take the first step towards resolving your CP14 letter. Contact Ben Butterfield at (402) 779-7399 for a consultation today!


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What Should I Do if I Receive a CP504 Letter?

Did you get a CP504 notice? 

If you did, you’ll need to take the right steps to get both the best outcome and protect your finances.

 

 

Decoding the CP504 Notice

The CP504 is a formal communication issued by the IRS, signaling unresolved tax debt. It serves as a final warning before the IRS initiates enforced collection actions to recover the outstanding amount.

 

Implications of the CP504 Notice

Receiving a CP504 notice indicates the IRS’s intent to take stringent measures for debt collection. These measures may involve placing a federal tax lien on assets, wage garnishment, or offsetting federal payments.

 

Steps to Navigate the CP504 Notice

  • Thorough Review: Take a close look at the CP504 notice. Understand the basics. What do you owe? When is it due? What will the IRS do if you don't pay?
  • Financial Evaluation: Can you afford to settle your debt? Take a look at your finances. Figure out what you can afford to pay.
  • Communicate with the IRS: Proactive communication is paramount. Contact the IRS to discuss payment options, request installment plans, or explore viable resolutions.
  • Seek Professional Support: Dealing with IRS debt complexities warrants professional assistance. Partnering with experts, like Ben Butterfield at BPB Tax Resolution, ensures comprehensive guidance and negotiation with the IRS on your behalf.
  • Timely Action: Swiftly respond to the CP504 notice to mitigate further enforced collection actions.


How BPB Tax Resolution Can Assist

At BPB Tax Resolution, we specialize in aiding individuals facing IRS tax challenges. Our seasoned team, led by Ben Butterfield, offers personalized advice, IRS negotiation, and resolution strategies tailored to your specific circumstances.

Don’t fight the IRS alone.

Act now to resolve your CP504 Notice.

Call now for a risk-free consultation!


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Tax Attorney in Des Moines, Iowa

Navigating tax matters in Des Moines, Iowa, can be intricate and overwhelming when done independently. This is where the expertise of seasoned professional Ben Butterfield becomes invaluable.

As the proprietor of BPB Tax Resolutions, Ben Butterfield brings over 9 years of experience in tax resolution to Des Moines. His strategic collaboration with skilled attorneys in the area distinguishes him, forming a dynamic team dedicated to addressing the tax concerns of Des Moines residents.

Working alongside experienced attorneys enables Ben Butterfield to provide a comprehensive approach to tax resolution. Regardless of the complexity of the tax issue, this collective effort ensures a thorough exploration of every available avenue.

Discover the specialized services that BPB Tax Resolutions excels in for Des Moines residents:

  • IRS Notice Resolution
  • Tax Lien Assistance
  • Offer in Compromise (OIC) Consultation
  • Installment Agreements
  • Innocent Spouse Relief
  • Audit Representation
  • Penalty Abatement
  • Bank Levy Release
  • Wage Garnishment Release

Ben Butterfield's client-centric approach is further enhanced by his strategic partnership with attorneys. Together, they craft customized strategies that not only effectively address tax concerns but also safeguard the long-term financial interests of Des Moines residents. This collaborative approach has earned Ben a reputation for delivering results and securing the best possible outcomes for his clients.

If you find yourself in Des Moines, grappling with tax challenges, remember you don't have to face them alone.

With Ben Butterfield and his team of seasoned attorneys by your side, you can confidently navigate Des Moines' tax landscape.

Don't let tax troubles weigh you down…

Let BPB Tax Resolutions guide you towards resolution!

Take the first step towards a brighter, financially stable future.

Call BPB Tax Resolutions at (402) 779-7399 now!


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Tax Attorney in Lincoln, Nebraska

Tax matters in Lincoln can be intricate and overwhelming to tackle on your own. That's why having a seasoned professional like Ben Butterfield on your side is crucial.

As the owner of BPB Tax Resolutions, Ben Butterfield brings over 9 years of expertise in tax resolution. His strategic collaboration with skilled attorneys in Lincoln sets him apart, forming a dynamic team committed to addressing your tax concerns.

Teaming up with experienced attorneys allows Ben Butterfield to offer a comprehensive approach to tax resolution. No matter the tax issue at hand, this collective effort ensures that every avenue is explored.

Here are some of the specialized services BPB Tax Resolutions excels in:

 

  • IRS Notice Resolution
  • Tax Lien Assistance
  • Offer in Compromise (OIC) Consultation
  • Installment Agreements
  • Innocent Spouse Relief
  • Audit Representation
  • Penalty Abatement
  • Bank Levy Release
  • Wage Garnishment Release

Ben Butterfield's client-centric approach is further enriched by his strategic partnership with attorneys. Together, they devise customized strategies that not only efficiently address tax concerns but also safeguard your long-term financial interests. This collaborative approach has earned Ben a reputation for delivering results and securing the best possible outcomes for his clients.

If you're in Lincoln and grappling with tax challenges, don't face them alone.

With Ben Butterfield and his team of seasoned attorneys at your side, you can confidently navigate Lincoln's tax landscape.

Don't let tax troubles weigh you down…

Let BPB Tax Resolutions guide you towards resolution!

Take the first step towards a brighter, financially stable future. Call BPB Tax Resolutions at (402) 779-7399 now!

 


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Tax Attorney in Omaha

Dealing with tax issues in Omaha, NE?

Omaha's tax laws can be complex, and tackling them without guidance can feel daunting. That's where a seasoned professional comes in.

In the realm of resolving intricate tax matters in Omaha, having an attorney on your side is crucial.

Benjamin Butterfield, boasting over 25 years of expertise in accounting and finance, emerges as a reliable authority in tax problem resolution. His collaboration with established attorneys in Omaha forms an exceptional alliance dedicated to handling your tax concerns.

Working alongside proficient attorneys empowers Ben Butterfield to adopt a comprehensive approach to tax resolution. Regardless of the tax challenges you face, this collaborative effort ensures a thorough examination of your situation.

Here are some of the specialized services offered by Ben Butterfield:

IRS Notice Resolution Assistance with Tax Liens Consultation for Offer in Compromise (OIC) Setting up Installment Agreements Seeking Innocent Spouse Relief Representation during Audits Abatement of Penalties Releasing Bank Levies Resolving Wage Garnishments Solutions for Business Taxes

Ben Butterfield's client-focused methodology is amplified by his partnership with attorneys, allowing the team to devise tailored strategies that not only efficiently resolve tax matters but also safeguard your long-term financial welfare. This collaborative approach has solidified Ben's reputation for achieving results and securing optimal outcomes for his clients.

If you're facing tax challenges in Omaha, NE, don't navigate them alone.

With Benjamin Butterfield and his team of experienced attorneys at your side, you can confidently maneuver through Omaha's intricate tax landscape.

Don't let tax issues control your life...

Let Ben Butterfield's team steer you toward a resolution.

Take the initiative toward a brighter, financially secure future. Contact Ben Butterfield at (402) 779-7399 now!


I Received a CP2000 Notice. What Should I Do?

Have you recently received a CP2000 letter from the IRS? This notice indicates potential discrepancies between the income you reported and the IRS records. Remember, it's not a bill, but rather a proposal to adjust your tax return.

Here's a step-by-step guide on what to do if you've received a CP2000 letter:

 

Step 1: Stay Calm and Review the Letter Thoroughly

Receiving a CP2000 notice is a standard communication from the IRS. Stay calm and thoroughly review the letter, paying close attention to the tax year and specific discrepancies outlined.

 

Step 2: Verify the Information

Compare the CP2000 notice with your tax return. Check for any mistakes and ensure that all your income, deductions, and credits were accurately reported.

 

Step 3: Respond Within the Specified Timeframe

The IRS provides a specific timeframe for your response. Meeting this deadline is crucial to avoid further complications. Typically, you'll have 30 days from the date of the notice to respond. If you need more time, contact the IRS and request an extension.

 

Step 4: Organize Supporting Documentation

Gather all relevant documents that support your position, including W-2s, 1099s, receipts, and any other records that verify your reported income and deductions. Organize them neatly for a clear and compelling case.

 

Step 5: Craft a Clear Response

Write a clear and concise response to the CP2000 notice. Acknowledge the discrepancies, provide explanations, and attach any supporting documentation. If you agree with the proposed changes, you can simply sign the response and return it.

 

Step 6: Seek Professional Assistance

Dealing with IRS notices can be complex, and seeking professional guidance can make a significant difference. At BPB Tax Resolutions, we specialize in assisting individuals and businesses facing tax challenges. Our experts can review your situation, provide tailored advice, and ensure that your response aligns with IRS guidelines.


Receiving a CP2000 notice can be intimidating, but remember, it's a standard procedure. By following these steps and getting professional help from BPB Tax Resolutions, you can effectively address the situation and take the first step towards a better financial future.

Take a step towards a brighter financial future. 

Call BPB Tax Resolutions and schedule a risk-free consultation today! Contact Ben Butterfield at (402) 779-7399.

 


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Tax Attorney in Council Bluffs, IA

Tax matters in Council Bluffs, Iowa, can be complex and overwhelming to handle on your own. That's why having a seasoned professional like Ben Butterfield on your side is crucial.

As the owner of BPB Tax Resolutions, Ben Butterfield brings over 9 years of expertise in tax resolution. His strategic collaboration with skilled attorneys in Council Bluffs sets him apart, forming a dynamic team committed to addressing your tax concerns.

Teaming up with experienced attorneys allows Ben Butterfield to offer a comprehensive approach to tax resolution. No matter the tax issue at hand, this collective effort ensures that every avenue is explored.

Here are some of the specialized services BPB Tax Resolutions excels in:

 

  • IRS Notice Resolution
  • Tax Lien Assistance
  • Offer in Compromise (OIC) Consultation
  • Installment Agreements
  • Innocent Spouse Relief
  • Audit Representation
  • Penalty Abatement
  • Bank Levy Release
  • Wage Garnishment Release

 

Ben Butterfield's client-centric approach is further enriched by his strategic partnership with attorneys. Together, they devise customized strategies that not only efficiently address tax concerns but also safeguard your long-term financial interests. This collaborative approach has earned Ben a reputation for delivering results and securing the best possible outcomes for his clients.

If you're in Council Bluffs and grappling with tax challenges, don't face them alone.

With Ben Butterfield and his team of seasoned attorneys at your side, you can confidently navigate Council Bluffs' tax landscape.

Don't let tax troubles weigh you down…

Let BPB Tax Resolutions guide you towards resolution!

Take the first step towards a brighter, financially stable future. Call BPB Tax Resolutions at (402) 779-7399 now!

 


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Tax Attorneys in Nebraska

 

Facing tax problems in Nebraska?

Nebraska's tax laws and regulations are intricate, and navigating them alone can be overwhelming. You’ll need a professional on your side. 

When it comes to tackling complex tax issues in Nebraska, having an attorney in your corner is invaluable. 

Ben Butterfield, with over 25 years of experience in accounting and finance, stands out as a trusted figure in tax resolution. Ben’s strategic collaboration with seasoned attorneys in Nebraska sets him apart, creating a powerhouse team dedicated to your tax matters.

Teaming up with experienced attorneys allows Ben Butterfield to provide a multifaceted approach to tax resolution. No matter what tax issue you’re facing, this collaborative effort ensures that no stone is left unturned.

Here are some of the services Ben Butterfield specializes in:

 

  • IRS Notice Resolution
  • Tax Lien Assistance
  • Offer in Compromise (OIC) Consultation
  • Installment Agreements
  • Innocent Spouse Relief
  • Audit Representation
  • Penalty Abatement
  • Bank Levy Release
  • Wage Garnishment Release
  • Business Tax Solutions

 

Ben Butterfield's client-centric approach is further enhanced by his strategic partnership with attorneys. The team creates tailored strategies that not only resolve tax issues efficiently, but also protect your long-term financial interests. This collaborative approach has earned Ben a reputation for delivering results and ensuring the best possible outcomes for his clients.

If you're in Nebraska and facing tax challenges, don't go it alone. 

With Ben Butterfield and his team of experienced attorneys by your side, you can navigate the intricacies of Nebraska's tax landscape with confidence.

Don't let tax troubles hold you back–let Ben Butterfield’s team guide you towards a resolution.

Take the first step towards a brighter, financially stable future. Call Ben Butterfield at (402) 779-7399 now!


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Essential Tax Tips for Small Business Owners

 

As a small business owner, keeping up with your taxes is vital to protecting everything you have worked hard to build. 

The last thing you want is to find yourself in a tax-related situation that threatens your business's financial health. However, understanding tax resolution strategies and proactive measures can make all the difference in protecting your business from potential tax challenges. 

Let’s explore some essential tax resolution tips for small business owners!

 

Stay Organized with Accurate Recordkeeping: Maintaining meticulous and up-to-date records is vital for small business owners. Accurate bookkeeping not only streamlines your tax preparation process but also serves as a strong defense during audits or inquiries. Use accounting software or hire a professional bookkeeper to ensure your financial records are in order.

Timely Tax Filings and Payments: Adhering to tax deadlines is crucial to avoid penalties and interest. Filing your tax returns on time and making timely tax payments demonstrate your commitment to compliance and can prevent unnecessary tax problems down the road.

Know Your Deductions and Credits: As a small business owner, understanding available deductions and credits can significantly reduce your tax burden. Familiarize yourself with applicable deductions related to expenses, depreciation, and qualified business credits to maximize your tax savings.

Consider Professional Tax Assistance: Navigating the complexities of small business taxes can be overwhelming. Seeking guidance from a qualified tax professional who specializes in tax resolution for small businesses can provide expert insights and ensure you take advantage of all available tax benefits.

Address Tax Issues Promptly: If you encounter any tax issues or challenges, don't procrastinate in addressing them. Ignoring tax problems can lead to escalating penalties and collection actions by the IRS. Promptly addressing and resolving tax concerns can save your business from more significant financial repercussions.

Implement Tax Planning Strategies: Strategic tax planning is a proactive approach to optimize your tax situation throughout the year. By considering business decisions from a tax perspective, you can minimize liabilities and plan for tax-efficient growth.

Be Prepared for an IRS Audit: Although the likelihood of an IRS audit is relatively low for small businesses, it's crucial to be prepared in case it does happen. Keep all relevant documents and records accessible and organized in case the IRS requests them.

 

As a small business owner, understanding essential tax resolution tips is crucial to ensure your business's financial well-being. From accurate recordkeeping to strategic tax planning, these practices can safeguard your business from potential tax challenges. 

 

What if I Need Tax Resolution Help Now?

If you have IRS debt with your small business, professional tax assistance is a vital asset in navigating the complexities of small business taxes. 

Ben Butterfield, with BPB Tax Resolutions, has the skill and experience necessary to fight the IRS for you.

Don’t risk everything you’ve worked hard to build.

Don’t fight the IRS alone. 

Call Ben today and book a free consultation!


Payroll Tax Problems

Are There Legal Ways to Lower Your Tax Liability? Expert Insights Revealed!

Did you know that there are legal and effective ways to reduce your tax burden?


Keep reading for expert insights to help you discover legitimate methods for lowering your tax liability. Empower yourself with knowledge and explore strategies that can maximize your tax savings without compromising your financial integrity!

 

Maximize Deductions: One fundamental way to lower your tax liability is by maximizing deductions. Familiarize yourself with eligible deductions for business expenses, charitable contributions, education, and more. Accurate documentation and claiming deductions can significantly reduce taxable income.

 

Leverage Tax Credits: Tax credits are potent tools for lowering tax liability. Unlike deductions, credits directly reduce the taxes owed. Research and explore eligible tax credits specific to your situation to capitalize on these valuable savings.

 

Contribute to Retirement Accounts: Contributions to retirement accounts serve dual purposes—securing your future and reducing your current tax liability. These contributions are often tax-deductible, providing immediate tax benefits.

 

Utilize Tax-Efficient Investments: Opting for tax-efficient investment strategies can minimize the tax impact on investment returns. Seek guidance from a financial advisor to find options aligned with your goals while curbing taxable income.

 

Explore Tax Loss Harvesting: Tax loss harvesting involves selling investments at a loss to offset gains and reduce tax liability. This tactic can prove advantageous, especially in volatile market conditions.

 

Optimize Business Structure: For business owners, the right structure can significantly impact tax liability. Consult a tax professional to determine the most tax-efficient structure, such as LLC or S-corporation.

 

Plan Charitable Giving: Strategic charitable giving brings both personal fulfillment and tax benefits. Utilize itemized deductions for charitable contributions and explore giving strategies like donor-advised funds.

 

Lowering your tax liability necessitates thoughtful and informed planning. By maximizing deductions, leveraging tax credits, and adopting tax-efficient strategies, you can legally reduce your tax burden. 

 

As you navigate tax complexities, consider enlisting a seasoned tax professional like Ben Butterfield from BPB Tax Resolutions. With years of experience and a commitment to client satisfaction, Ben will guide you through the most effective tax-saving methods tailored to your unique situation. 

 

Embrace expert insights, secure your financial future, and trust Ben Butterfield to be your reliable partner in optimizing your tax liability. Embark on a journey towards a more financially secure future today!