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!
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!
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!
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!
Help! How Can I Overcome My Tax Lien?
Dealing with tax liens is a complex process that affects your financial stability.
Here’s a look at some practical strategies to remove existing tax liens and prevent future ones from coming along. By understanding your options and taking proactive steps, you can overcome tax lien troubles and regain control of your finances.
Resolve Your Tax Debt: Addressing your tax debt is the first step in tackling tax liens. Hire a professional who can set up a payment plan, like an Installment Agreement.
Request a Lien Withdrawal: After paying off your tax debt, you can ask the IRS to withdraw your tax lien. A lien withdrawal removes the public record of the lien. This will improve your financial standing.
Explore Offer in Compromise (OIC): An Offer in Compromise lets you settle your tax debt for less than the full amount owed. This will lessen the chances of possible future tax liens.
File a Request for a Certificate of Release of Federal Tax Lien: If you've paid your tax debt but the IRS hasn't released your lien, file a request for a Certificate of Release of Federal Tax Lien. This will prove the lien’s removal.
Prioritize Timely Tax Filings and Payments: Moving forward, filing tax returns and making payments on time can prevent future tax liens and protect your financial standing.
Seek Professional Assistance: Dealing with tax liens can be complex, so consulting with a qualified tax professional can offer personalized guidance and maximize your chances of success.
Establish a Tax Planning Strategy: Proactive tax planning helps minimize future tax liabilities and safeguards your assets from tax lien complications.
Handling tax liens requires diligence and strategic planning. By resolving your tax debt, exploring relief options, and seeking professional assistance, you can overcome existing tax liens and avoid future ones. Taking these proactive steps empowers you to regain control of your finances and create a brighter, lien-free financial future. Don't let tax liens hold you back - embrace these effective strategies and pave the way for financial freedom!
When it comes to navigating the intricate landscape of tax liens, having the right support can make all the difference.
That's why choosing Ben Butterfield for your tax lien issue is your first step towards financial freedom.
With extensive experience and a deep understanding of tax resolution, Ben Butterfield at BPB Tax Resolutions is your dedicated ally in overcoming tax lien challenges. He will work tirelessly to develop a personalized strategy tailored to your unique situation, ensuring the best possible outcome for your financial well-being.
Don't face tax liens alone; trust Ben Butterfield to guide you towards a brighter, lien-free future.
Take the first step towards financial freedom - contact Ben Butterfield today!
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 Record Keeping: 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!
The IRS is Auditing Me. What Should I Do?
Getting audited? Fear not, we've compiled expert insights and key steps to help you confidently navigate tax audits and safeguard your financial interests. Understanding the process and being well-prepared are essential elements in facing tax audits with ease.
Step 1: Be Prepared
Preparation is the first step to conquer a tax audit. Gather and organize all relevant financial documents, receipts, and records to support your tax return. Having everything readily available demonstrates your commitment to compliance and saves valuable time.
Step 2: Know Your Rights
Understanding your rights during a tax audit is crucial. You have the right to know why you're being audited, to professional representation, and the option to appeal the audit's outcome. Familiarize yourself with these rights for a fair and transparent process.
Step 3: Consult a Tax Professional
Seeking guidance from a tax resolution expert like Ben Butterfield is a wise decision. With extensive experience, Ben can expertly guide you through the audit process, represent you before the IRS, and provide personalized strategies to address any issues that may arise.
Step 4: Cooperate with the Auditor
During the audit, cooperation is key. Answer questions honestly, providing clear and concise responses, and avoid offering additional information that could complicate matters.
Step 5: Understand the Findings
Once the audit is complete, carefully review the auditor's findings. If discrepancies are found, seek advice from a tax professional like Ben Butterfield to explore the best resolution options.
Tax audits may seem overwhelming, but with the right approach, you can confidently navigate the process. By being prepared, knowing your rights, seeking professional assistance, cooperating with the auditor, and understanding the findings, you can tackle tax audits with ease.
Trust Ben Butterfield at BPB Tax Resolutions for personalized guidance and expert representation.
With a track record of success and a commitment to client satisfaction, Ben is your reliable ally during tax audits.
Safeguard your financial interests and find peace of mind by choosing Ben Butterfield for your tax resolution needs.
Take the first step towards a successful audit outcome. Contact Ben Butterfield today!
Are My Assets at Risk? Here’s How to Prevent IRS Seizure
If you have unpaid taxes, the IRS can take your property to settle the debt.
It can be an overwhelming situation, but there are ways to protect your assets from the IRS. When you understand your rights, you can take proactive steps to protect your assets from IRS collection.
What is IRS Seizure?
IRS seizure is a legal process where the Internal Revenue Service confiscates your property or assets to cover unpaid tax liabilities.
This is usually a last ditch effort for the IRS in cases where their other collection efforts haven’t worked. The IRS can take a wide range of assets, including your home, your vehicles, bank accounts, investments, and even your business assets.
How Can I Protect My Assets From The IRS?
Protecting your assets from IRS seizure requires proactive planning and taking appropriate steps. Consider the following strategies:
Timely Tax Compliance: Stay current with your tax obligations by filing accurate tax returns and making prompt payments. Being up to date reduces the likelihood of triggering IRS collection actions.
Open Communication with the IRS: If you have financial difficulties, it's important to maintain open and honest communication with the IRS. Be proactive. Reach out to discuss your situation and explore available options to address your tax debt.
Negotiate an Installment Agreement: Requesting an installment agreement allows you to pay your tax debt in manageable monthly installments. This can prevent the need for asset seizure by demonstrating your commitment to resolving the debt.
Offer in Compromise: An Offer in Compromise is an option where you can settle your tax debt for less than the full amount owed. Engaging in negotiations with the IRS to reach a reasonable compromise can help protect your assets from seizure.
Seek Professional Assistance: Consulting with a qualified tax professional, such as Ben Butterfield, can provide valuable guidance and expertise in protecting your assets from IRS seizure. Their knowledge of tax laws and experience in dealing with the IRS can significantly increase your chances of a favorable outcome.
Safeguarding your assets from IRS seizure requires careful planning and proactive measures.
When it comes to protecting your hard-earned assets, choosing the right tax professional is crucial.
That’s where Ben Butterfield, founder and CEO of BPB Tax Resolutions, comes in.
Ben has extensive experience and expertise in tax resolution, and is your trusted partner in defending your assets from IRS collection actions.
By working with Ben Butterfield, you can be confident that your assets are in capable hands.
Take the first step towards securing your financial future—contact Ben Butterfield today and benefit from his exceptional services in protecting your assets from IRS seizure.
Am I Eligible for Innocent Spouse Relief?
Tax liabilities can create undue burdens, especially when you are not at fault.
In cases where a spouse or former spouse is responsible for inaccurate reporting or fraudulent activities, innocent taxpayers may find themselves held accountable for unpaid taxes. However, the IRS offers a potential solution known as Innocent Spouse Relief.
What is Innocent Spouse Relief?
Innocent Spouse Relief is a special rule the IRS uses to help taxpayers who filed joint tax returns, but shouldn't be held responsible for any mistakes or problems on those returns. It's a way for innocent spouses to be exempt from the taxes, interest, and penalties that were caused by their spouse or ex-spouse’s mistakes.
Eligibility Criteria
If you want to qualify for Innocent Spouse Relief, you’ll have to meet certain criteria:
Filing Status: If you want to qualify for Innocent Spouse Relief, you’ll need to have filed a joint tax return with your spouse or ex-spouse. The reported amount on that joint return should have been lower than what it should have actually been.
Lack of Knowledge: When you signed your joint return, you should not have known about the tax understatement. You didn't have any awareness that the tax amount reported was inaccurate.
Unfair Burden: It would be unfair to expect you to be held responsible for the tax understatement, especially when you consider the specific circumstances and how assets and liabilities were divided between you and your spouse or ex-spouse.
The Three Types of Innocent Spouse Relief
The IRS offers three types of Innocent Spouse Relief:
Traditional Innocent Spouse Relief: This relief applies when you can demonstrate that you had no knowledge or reason to know about the understatement of tax on the joint return.
Separation of Liability Relief: With this relief option, your tax understatement would be allocated between you and your spouse (or former spouse). It is based on your individual contributions to the income, deductions, and credits on the joint return.
Equitable Relief: If you don't meet the requirements for the relief options above, you might still qualify for Equitable Relief. Equitable Relief is a special consideration that’s used in situations where it would be unfair to hold you responsible for the tax understatement. The IRS considers different factors and circumstances to decide if you are eligible for Equitable Relief.
How Do I Get Innocent Spouse Relief?
If you want to apply for Innocent Spouse Relief, you need to submit an IRS Form 8857. This form is called the Request for Innocent Spouse Relief. You’d also need to give supporting documentation that substantiates your claim. You should provide a detailed explanation of why you believe you qualify for relief.
Navigating Innocent Spouse Relief is difficult. That’s why if you consult with a qualified tax professional who specializes in Innocent Spouse Relief, you can significantly improve your chances of getting a successful claim. A professional can guide you through the process, assist with gathering necessary documentation, and make sure your rights are protected…
A professional like Ben Butterfield.
Ben Butterfield, CEO and founder of BPB Tax Resolutions, is an accomplished tax professional who specializes in tax services like Innocent Spouse Relief.
With over 25 years of experience in accounting and finance, Ben is a trusted expert in helping you with your IRS problems.
He’ll guide you through the eligibility evaluation for Innocent Spouse Relief and find the best solution to your situation.
Don't let your tax issues hold you back. Book your risk-free consultation now!
Facing IRS Wage Garnishment? Here's How to Stop It and Regain Control
When the IRS takes part of your hard-earned wages, it can leave you feeling overwhelmed and financially strained. But, it's crucial to remember that you have options and solutions to stop IRS wage garnishment and regain control of your finances.
If you’re facing IRS wage garnishment, our goal is to provide you with the knowledge and guidance you’ll need to face this challenging situation. Let’s dive into the specifics of IRS wage garnishment, understand why it occurs, and, most importantly, explore effective strategies to put an end to it.
Understanding IRS Wage Garnishment
IRS wage garnishment is a legal action the IRS takes to collect people’s unpaid taxes. The IRS doesn’t need a court order to garnish wages.
The IRS will send you notices if they intend to garnish your wages. These notices will include a Final Notice of Intent to Levy, which informs you that they intend to garnish. If you don’t respond or take action within a certain timeframe, they will garnish your wages.
The Impact of IRS Wage Garnishment
Wage garnishment directly affects your take-home pay. This can make it harder to maintain a comfortable standard of living or even cover basic expenses.
IRS wage garnishment can also hurt your credit score. It will be harder for you to secure loans or get good interest rates in the future.
Wage garnishment can also strain your relationships and cause stress. Plus, it can damage your professional reputation if your colleagues become aware of the garnishment.
How to Stop IRS Wage Garnishment
Stopping IRS wage garnishment requires proactive steps and effective strategies. Here are essential actions you can take:
Respond to IRS Notices: It is crucial to respond promptly to all IRS notices related to wage garnishment. Ignoring the notices will only escalate the situation. You can contact the IRS and ask for a collection due process hearing where you may be able to discuss your case.
Explore Payment Options: The IRS offers payment options to resolve your tax debt. This could be an installment agreement, where you would pay off the debt over time. Another payment option is an offer in compromise, which lets you settle your debt for less than the full amount you owe.
Request a Hardship Exemption: If your wage garnishment causes a serious financial hardship, you could qualify for a hardship exemption. A hardship exemption can temporarily suspend your garnishment or reduce the amount taken out of your pay.
Resolve Tax Disputes: If you think there is an error in the amount you owe, it's crucial to address the issue promptly. Disputing the tax assessment through the appropriate channels can stop the wage garnishment until the dispute is resolved.
Seek Professional Assistance: Navigating tax debt on your own is often overwhelming and complicated. That’s why you should consider hiring a reputable tax professional. They will guide you through the process, represent your interests, and negotiate with the IRS on your behalf. A tax professional won’t just take the weight of IRS negotiations off your shoulder; they’ll get the best outcome possible, saving you time and money.
The BPB Tax Resolutions Difference…
Hiring a tax professional is key to stopping IRS wage garnishment and taking control of your financial future.
Ben Butterfield's expertise, coupled with his track record of successful negotiations with the IRS, sets him apart as a trusted advisor with resolving wage garnishment issues.
His in-depth knowledge helps him to navigate complex tax situations and explore every available option to find the best resolution for your unique circumstances.
When you partner with BPB Tax Resolutions, you gain a trusted ally who will fight for your rights. BPB Tax Resolutions will negotiate with the IRS on your behalf, and explore all available options to find the best resolution for your unique circumstances.
Don't let the stress of wage garnishment control your life. Contact BPB Tax Resolutions today for a risk-free consultation, and regain control of your financial future!
