Are you a St. Louis-area taxpayer or business owner struggling with back taxes, unfiled returns, audits, levies, garnishments, or penalties? For these and other state and federal IRS taxation issues, you’ve come to the right place.
At the Krus Law Firm, tax law is all we do. The firm’s founder, Michael Krus has a dual background as both a tax attorney and certified public accountant (CPA) making him uniquely qualified to resolve a variety of tax problems. You can count on him to fight hard to protect your rights and financial interests, while finding the right solutions for your family or business.
Don’t ignore or try to outrun the IRS. Failure to properly address a tax controversy can lead to personal financial ruin, loss of a business, damage to your reputation, forfeiture of property or assets, civil penalties, even criminal prosecution. The quicker you contact us, the sooner we can step in to defend you against the IRS and relieve you of your tax burden.
Get started on the path to financial stability today. Call (314) 276-4834 to setup a free consultation.
Tax Problem Resolution Services
Settle Back Taxes: If you owe back taxes and cannot afford to pay, don’t try to hide from the IRS. We can approach the IRS on your behalf to negotiate through an offer in compromise settlement for a fraction of what is owed or set up an installment agreement for the lowest possible monthly payment with various options for making those payments.
File Delinquent Tax Returns: Has it been years since you’ve filed tax returns? From the moment you missed your first tax deadline, you’ve been accruing interest and penalties from the IRS. In addition to these civil penalties, you may face criminal prosecution for tax evasion, punishable by a fine of $10,000 and one year in jail for each year you haven’t filed.
The good news is, if you are proactive and file your tax returns before the IRS contacts you, you can avoid or mitigate these consequences. Krus Law Firm can prepare and file delinquent federal and state income taxes and/or delinquent employment and payroll taxes to bring you back into compliance with the IRS.
Release Federal Tax Lien: If you owe past due taxes the IRS can file a Notice of Federal Tax Lien with your county clerk to alert the public and credit bureaus that the government has a legal claim to your property (real estate, personal property, financial assets). The Krus Law Firm can assist you in applying to have a tax lien released or withdrawn
Bank and Wage Levy Release: One of the harshest collection mechanisms the IRS or state taxing authorities may use to satisfy a debt is a tax levy or seizure of your assets. The most common types of IRS levies are bank levies and wage garnishments in which the IRS attempts to seize assets directly from your bank account or paycheck.
Tax Audit Representation: Are you facing a state or federal tax audit on your personal or business tax return? To improve your chances of a favorable outcome, you need a seasoned tax attorney to represent you throughout the audit process.
Michael Krus has provided tax audit defense for individuals and businesses in the St. Louis area for more than 13 years. With him by your side, you can be confident that he will develop the appropriate strategy to protect your assets and minimize any potential financial damage. He will deal directly with the IRS auditors and investigators so you don’t have to. By managing the flow of information, he can limit the scope of the audit so that
FBAR: Reporting Foreign Accounts: If you or your business have an offshore bank account with financial assets over $10,000, you are required to file a Foreign Bank Account Report or FBAR. The Michael Krus Law Firm can make sure you adhere to the strict FBAR filing requirements in accordance with IRS tax law, the Department of Treasury, and the Foreign Account Tax Compliance Act (FATC).