John Pontius

I am the founder of Pontius Tax Law, PLLC, located in Washington, DC. I represent individual and business clients with sensitive and serious tax matters before the Internal Revenue Service and state taxing authorities. Address: 1300 1 St NW, Suite 400E Washington DC 20005

[johnpontius]

A Washington DC unfiled tax returns lawyer is available to someone who is being investigated by the IRS for allegedly failing to pay taxes.

Individuals who earn income under the filing threshold are not required to file a tax return. For many people, this is a benefit since they will receive a tax refund that puts money back in their pockets. However, other taxpayers, especially those who run a business or work as an independent contractor, might need to pay money to the federal government when they file their returns. As a result, many people end up delaying this process. Perhaps they are going through a difficult period of life and lack time, energy, or resources to file. Some might simply not have enough money to pay back.

[saywhat-politics]

Biden's tax plan won't raise many Americans' taxes, unless you're rich

Biden doesn't plan a tax increase on "middle-class families, small businesses, and seniors," as ads run by Trump's reelection campaign claim.

American households earning less than $400,000 won’t see a tax increase under Joe Biden’s tax plan, but the top 0.1% could end up paying as much as an extra 12.4%, an analysis by the University of Pennsylvania shows.

[johnpontius]

Typical inbound taxation issues are investment income or business income from US sources, capital gains, and foreign investment in real property act (FIRPTA). Both outbound and inbound taxation cover the following topics: residency, tax treaties, check the box elections, employment taxes, estate, and gift taxes, withholding tax, and tax reporting.

[johnpontius]

A Washington DC IRS lien resolution lawyer could provide guidance and experience when dealing with excessive liens on your taxes.

If you are struggling with the payment of a debt, consider hiring a Washington DC IRS lien resolution lawyer. A lien is a security interest over the property to secure the payment of a debt. For example, in the case of a home mortgage, the bank files a mortgage lien on the property until the mortgage is fully paid. A federal tax lien is created after the IRS assesses the tax liability and the taxpayer fails to pay the tax within 10 days of IRS written notice. 

[taxevaderoftheday]

Today’s Tax Evader Of The Day Is:

The Entirety Of The United States! With The Ongoing Government Shutdown Far Surpassing All Prior Ones In Length And Nobody Able To File Their Taxes, We Have ALL Become A Tax Evader! :O 

[johnpontius]

All taxpayers who receive an income must report this income at least every year. If prepayments or withdrawals do not cover their tax obligations, they must pay the remainder when they file. Every point during this process carries the potential for fraud and a taxpayer might not fully report every source of income that they have. For example, a waitress might fail to declare the full amount of their tips. In other situations, a business might not list its full profits.

[johnpontius]

Reach out to a Washington DC state tax issues lawyer if you are looking for help with a tax controversy on the state level.

Every state has a separate legal system for assessing and collecting taxes. With fewer resources in comparison to the IRS as well as less formal procedures, state tax departments can be much more complicated to navigate. Most states have an Offer in Compromise program as well as payment plans. Pontius Tax Law, PLLC protects taxpayers with state tax issues from the Comptroller of Maryland, D.C. Office of Tax and Revenue, Virginia Department of Taxation, and other state taxing entities.

[johnpontius]

For help dealing with the numerous penalties regarding your taxes, a Washington DC IRS penalty abatement lawyer could assist.

The Failure to File Return Penalty is 5% of the net amount of tax due on the return for each month the return is delinquent, up to a maximum of 25%. The Failure to Pay Tax Penalty is 0.5% of the tax per month, up to 25%. Accuracy Related Penalty is equal to 20% of the portion of the underpayment attributable to negligence or disregard of rules or regulations, or a substantial understatement of tax.

[nowthisnews]

A new report by a U.S. Treasury Department internal watchdog found that the IRS failed to audit tens of thousands of wealthy Americans who never filed tax returns between 2014 and 2016, and who collectively owe up to tens of billions in unpaid taxes.

Bloomberg News reports that the watchdog report identified 879,000+ high-income people who had failed to file taxes from 2014 to 2016; together, they owed an estimated $45.7 billion. Investigators found that the IRS had not audited roughly 42% of those individuals.

follow @nowthisnews for daily news videos & more

[johnpontius]

The IRS has the sole authority to determine the outcome of an audit. In the best-case scenario, the agency might agree that a taxpayer’s paperwork is correct and decide to drop the examination. In other cases, the two sides might agree that an underpayment has occurred and worked towards a payment plan. If the IRS identifies an apparent underpayment that the taxpayer disagrees with, then an appeal could be necessary.

[johnpontius]

Reach out to a Washington DC FBAR examination and offshore disclosures lawyer for help in managing your overseas taxes.

The Streamlined Domestic Offshore Procedures are for taxpayers who non-willfully failed to report their foreign income and file FBARs. Taxpayers need to provide a detailed certification narrative explaining the non-willful conduct. The taxpayer is required to file three years of amended tax returns and six years of FBARs. In addition to paying the back taxes and related interest and penalties, a 5% offshore penalty will be based on the highest aggregate value of the foreign accounts.

[npr]

More Taxpayers Will Owe The IRS In April Due To Under-Withholding, Report Says

More Americans will be writing a check to the IRS in April because their employers are not withholding enough from their paychecks following the new tax law, the Government Accountability Office says in a new report.

Based on simulations run by the Treasury Department, the GAO says taxes for 30 million Americans — 21 percent of taxpayers — are being under-withheld by their employers, meaning they are getting a larger check this year, but will owe at tax time in April. According to the simulations, 73 percent of taxpayers will be over-withheld and receive a refund from the Internal Revenue Service.

When the simulation was run as if there had been no change in the tax law, 18 percent of taxpayers, or about 27 million, would have experienced under-withholding and 76 percent would have been over-withheld. In both scenarios, just 6 percent of taxpayers would have the correct amount of withholding.

Who should be concerned? According to the GAO, a hypothetical taxpayer who is married with two children, earning $180,000 annually, $20,000 of which comes from non-wage income and who itemizes deductions.

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[johnpontius]

The IRS is required to send the taxpayer a copy of the NFTL along with CDP Hearing Rights. The CDP Hearing is held with IRS Appeals which is independent of the compliance side of the IRS. In this Hearing, the taxpayer can challenge the legality of the NFTL if IRS procedures were not filed. Also, the taxpayer could request a collection alternative to the lien. The taxpayer can request specific property (i.e. personal residence) to be discharged from the lien to allow the taxpayer to make a payment on the underlying tax debt. However, the tax lien will still be in effect on the taxpayer’s remaining property.