YOU MAY HAVE SEEN TODD SPODEK ON THE NETFLIX SHOW INVENTING ANNA
When you’re facing a federal issue, you need an attorney whose going to be available 24/7 to help you get the results and outcome you need. The value of working with the Spodek Law Group is that we treat each and every client like a member of our family.
Late Tax Filing Legal Help Lawyers
Getting Caught Up on Tax Filings
Figuring out that you made an error on your taxes can be a nerve racking experience. As soon as you realize that your mistake was simply forgetting to file your taxes, the anxiety may be accompanied by a bit of embarrassment. Now you need help getting caught up on tax filings that you missed. Nevertheless, your biggest concern is two-pronged. On the one hand, you are concerned about how much this filing error will end up costing you in fines and penalties. On the other hand, you just want to know how to go about fixing this filing error in a manner that mitigates or at least doesn’t exacerbate the tax consequences you are probably already going to face.
The IRS reports that up to 20 percent of the tax gap is attributed to the non-filing of taxes. Because of this, the identification and prosecution of taxpayers who fail to file when they are obligated to do so is a priority for the IRS and U.S. government. For example, the state of California is far more likely to criminally prosecute simple non filing that the Federal Government is. Taxpayers who fail to file may be looking at significant penalties for their noncompliance. On the other hand, those taxpayers who act proactively and make good-faith efforts to fix their past filing errors may be able to lower or eliminate the penalties due and any potential criminal tax exposure connected to non-filing.
If you are looking for a lawyer that listens, is aggressive where needed, and holds his word above all else, Todd is the best pick. I had hired multiple attorneys prior to hiring the Spodek Group for a white collar case. The first thing that stood out to me was the cost, as anyone going through the process and dealing with the system, money was tight at that time - especially after hiring and firing multiple lawyers. The cost was not as high as others which was definitely a plus. Todd's intake process was also unlike other attorneys. He took the time to actually listen. He cared. He was trying to put himself in my shoes while I was explaining the situation to him and he really took the time to understand the whole situation. Other lawyers will give you 15 mins and send you a retainer agreement. Not Todd, I think he spent almost two hours with me as I was explaining everything.Not only was he great during the onboarding process, he was supportive and very informative through the entire plea process and eventually sentencing. After hiring him, I asked if I should hire a prison consultant, he told me to save my money as he would do everything they would. He was right and held up to his word. Later on I would hear from others that went with the prison consultants that they were a waste of money - I am glad I listened to Todd!When it came time for sentencing, two days prior to sentencing, the prosecutor tried increasing my proposed prison time by almost double - apparently a normal move. Todd and his team worked with me non-stop through the weekend prior to sentencing to ensure that I was not given additional prison time. Again, he took the time to listen and came up with a strategy to explain the case with great detail.Unfortunately, I did plead guilty as that was my best option. Todd and his whole team wrote up nearly 300 pages of a summary of what happened and why I should not be given prison time. If I breakdown the amount I spent with Todd versus the amount of work that I saw being done, I am shocked I was not charged four times as much. The other benefit was, a lot of criminal defense lawyers were just a single attorney with a paralegal or two. Todd had a team of people that I dealt with (5-7 people that I interacted with), but he was ALWAYS accessible. It would never take him more than an hour to reply unless he was in court.I was sentenced to prison and I was emotionally distraught. Todd and his team did whatever they could even after sentencing to make sure I was alright. He personally stayed in touch with my family to ensure I was doing alright and offered support to them. Most lawyers would consider the job complete at sentencing, not Todd.After prison, Todd still spent time with me to make sure I was on the right track and avoiding any potential risks in the future. He has also been giving advice on how to navigate probation etc and has not been looking at the clock for billing.Although I wish I had never been arrested in the first place, I am glad I had Todd and his team in my corner. Without them I likely would have had to spend a lot more time in prison than I did.Thank you, Todd, and the entire Spodek Law team, for helping turn what was a nightmare into a manageable situation!
I am immensely grateful to the entire team at Spodek Law Group for their unwavering dedication and exceptional expertise throughout my case. From our initial consultation to the final resolution, their professionalism and tireless advocacy made all the difference. Their strategic approach and attention to detail instilled confidence in me every step of the way.Thanks to their hard work and commitment, we achieved a truly favorable outcome that exceeded my expectations. Not only did they navigate the complexities of my case with precision, but they also provided invaluable support and guidance during what was undoubtedly a challenging time. I cannot recommend Spodek Law Group highly enough, especially attorneys Todd Spodek and Claire Banks; they are beacons of excellence in the legal profession.YSP.
Todd, Ralph and Alex are amazing. Helped my husband get from a double digit number with multiple charges to a single digit, by the time I blink he will be out. They very professional and help with all your needs. They dealt with my anxiety and worry very well and they understand that your family member needs to get home as soon as possible.
Believe every single review here about Alex Z!! From our initial consultation, it was evident that Alex possessed a profound understanding of criminal law and a fierce dedication to his clients rights. Throughout the entirety of my case, Alex exhibited unparalleled professionalism and unwavering commitment. What sets Alex apart is not only his legal expertise but also his genuine compassion for his clients. He took the time to thoroughly explain my case, alleviating any concerns I had along the way. His exact words were “I’m not worried about it”. His unwavering support and guidance were invaluable throughout the entire process. I am immensely grateful for Alex's exceptional legal representation and wholeheartedly recommend his services to anyone in need of a skilled criminal defense attorney. Alex Z is not just a lawyer; he is a beacon of hope for those navigating the complexities of the legal system. If you find yourself in need of a dedicated and competent legal advocate, look no further than Alex Z.
I don’t know where to start, I can write a novel about this firm, but one thing I will say is that having my best interest was their main priority since the beginning of my case which was back in Winter 2019. Miss Claire Banks, one of the best Attorneys in the firm represented me very well and was very professional, respectful, and truthful. Not once did she leave me in the dark, in fact she presented all options and routes that could possibly be considered for my case and she reinsured me that no matter what I decided to do, her and the team will have my back and that’s exactly what happened. Not only will I be liberated from this case, also, I will enjoy my freedom and continue to be a mother to my first born son and will have no restrictions with accomplishing my goals in life. Now that’s what I call victory!! I thank the Lord, My mother, Claire, and the Spodek team for standing by me and fighting with me. Words can’t describe how grateful I am to have the opportunity to work with this team. I’m very satisfied, very pleased with their performance, their hard work, and their diligence.Thank you team!
I recently had Spodek Law Group represent me for a legal matter in NYC and I am thoroughly impressed with their services.Alex Zhik secured the best possible outcome for my case.It was a seamless journey from the initial consultation to the resolution of my legal matter. From the moment I spoke to Todd about my case, his enthusiasm to help was evident, setting a positive tone for the entire experience. The efficiency and professionalism displayed by the team is commendable.A particularly noteworthy aspect of their service is their user-friendly portal to upload your documents/evidence. This not only simplified the process, but showcases their commitment to streamline the client experience.Lastly, in an industry where legal fees can often be a concern, I found their pricing to be very reasonable, making needing legal assistance feel accessible and stress-free.I am grateful for their support and wouldn't hesitate to turn to them again in the future.
When taxpayers do not file their taxes, they become ineligible to receive any tax refund they may be entitled to receive. Furthermore, taxpayers who don’t file their return within three years of its original due date forfeit any right to claim a tax refund that was otherwise due them. Before considering the potential penalties and other negative consequences that can be imposed for non-filing of taxes, there is already a big incentive for U.S. taxpayers to make their annual filings and work towards getting caught up on tax filings.
Taxpayers who fail to file an income tax return in a timely fashion can face a failure to file penalty. The penalty gets assessed at five percent of an unpaid tax bill for every month or part of a month where the obligation remains unpaid. This fee maxes out at 25% after being late 5 months. Failure to pay penalties may also apply. On top of that, taxpayers who fail to make their own tax filing have the option to have their taxes filed on their behalf through a substitute return (IRS) or proposed assessment (FTB). Although the prospect of having the IRS or FTB deal with your taxes for you can sound tempting, the fact is the taxing authorities will not work out your taxes to your benefit. In fact, taxpayers who face this kind of situation are often served a hefty tax bill because the IRS will prepare your taxes in their favor and not yours by ignoring numerous available deductions. Combined with the penalties that can be imposed, a small mistake of falling out of the system can rapidly add up to a major tax liability.
Steps You can Take to Correct a Missed Tax Filing Obligation
When a taxpayer is noncompliant with tax obligations, they should strive to correct the problem as soon as is practicable. Each tax situation is different and most taxpayers would be prudent to meet with a tax professional prior to filing. Meeting with a tax professional can help you get a better understanding of your level of risk in coming back into compliance with the U.S. and state Tax Code. For taxpayers who simply forgot a filing deadline, filing quickly thereafter may be sufficient. On the other hand, those taxpayers who may have additional offshore tax concerns under FBAR or FATCA, simply filing the missing tax returns may not be nough and thus potentially exposing the taxpayer to significant civil and or criminal liability. When there is an additional offshore disclosure issue, a taxpayer is likely better off engaging in the full blown or streamlined Offshore Voluntary Disclosure Program (OVDP) or one of the other programs that provide greater insulation and protection than there would be with a quiet disclosure.
If there are no additional tax issues, it behooves the taxpayer to file his or her missing return or returns as quickly as they can. It is critical that the returns filed are true, accurate and complete. This is because non-filers are subject to increased odds of getting hit with an audit. One must be careful not to compound the pressure from non-filing with the exposure to possible income tax evasion charges while they are attempting to become compliant. Furthermore, should the taxpayer owe any money to the government, he or she should pay as much as possible, as quickly as possible. Because non-filing and non-payment penalties are calculated on the basis of the amount of tax due and owing, lowering the outstanding balance will also reduce the penalties that can be imposed. An additional point to consider, with the assistance of a tax attorney, is whether the taxpayer’s failure to file or pay was connect to a reasonable cause. Reasonable cause for delay could possibly result in the waiver of fines and penalties.