Legal Tax Defense Announces Expanded Services for Tax Debt Relief
LOS ANGELES, July 19, 2025 (GLOBE NEWSWIRE) — Legal Tax Defense, Inc., a trusted name in tax law representation, announces the expansion of its services through the addition of new legal staff, updated client support systems, and specialized offerings addressing ERC audits, and multi-state tax issues. With a team of seasoned tax attorneys and enrolled agents, Legal Tax Defense continues to offer personalized tax debt relief solutions designed to protect clients from aggressive collection actions and financial strain.
In recent years, an increasing number of Americans have faced mounting tax debt as a result of economic disruptions and evolving IRS enforcement measures. Legal Tax Defense has responded by hiring additional legal professionals and client service specialists, reducing wait times for initial consultations. The firm also launched a new secure client portal to streamline document submissions and communications, and expanded its availability to include evening and weekend appointments.
'Tax debt can create long-term financial distress for families and business owners alike,' said a spokesperson for Legal Tax Defense. 'Our mission is to offer clear, honest legal representation so that taxpayers understand their rights and are not left navigating the IRS alone.'
Legal Tax Defense provides comprehensive legal services that include Offers in Compromise, installment agreements, penalty abatement requests, and audit defense. Clients receive support from licensed professionals who are well-versed in federal and state tax laws, ensuring compliance while pursuing the most favorable outcomes.
As part of the expanded services, the firm now offers tailored solutions for emerging tax concerns, including Employee Retention Credit (ERC) audit defense, and support for remote workers facing multi-state filing obligations. These additions reflect the evolving landscape of tax enforcement and the firm's commitment to staying ahead of regulatory changes.
All case evaluations begin with a detailed review of each client's financial circumstances to determine the most appropriate path toward resolution. The firm operates with a commitment to confidentiality, transparency, and clear communication throughout the process.
With its expanded focus, Legal Tax Defense aims to reach more individuals and businesses across the United States who are in need of reliable tax debt relief . The firm also offers educational resources on its website, www.legaltaxdefense.com, helping taxpayers understand their options and avoid common pitfalls when dealing with the IRS.
Legal Tax Defense is headquartered in Los Angeles and serves clients nationwide through virtual consultations and secure document handling systems.
For more information or to schedule a consultation, visit www.legaltaxdefense.com.
About Legal Tax Defense, Inc.
Legal Tax Defense, Inc. is a Los Angeles-based tax law firm dedicated to helping individuals and businesses resolve complex tax issues with the IRS and state tax agencies. With a team of experienced tax attorneys, enrolled agents, and case specialists, the firm provides comprehensive services including tax debt relief, audit representation, Offers in Compromise, and installment agreements. Legal Tax Defense is committed to transparency, ethical advocacy, and personalized legal strategies that protect clients' financial futures. The firm serves clients nationwide through secure virtual consultations. To learn more, visit www.legaltaxdefense.com .
Disclaimer: This press release is intended for informational purposes only. Tax laws vary by jurisdiction, and individuals are advised to consult a licensed tax attorney or professional regarding their specific situation.
Media Contact:Sharon Goldstein-ShapiroLegal Tax Defense, Inc.800-804-2769
[email protected]
www.legaltaxdefense.com
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
21 minutes ago
- Yahoo
Top 5 Estate Planning Strategies To Avoid ‘Great Wealth Transfer' Taxes
The United States is about two years into a Great Wealth Transfer that will see an estimated $84.4 trillion in assets pass from older to younger generations by 2045. Generational wealth preservation is a priority for many of these families, and for some, minimizing tax liability is an important way to achieve it. Trending Now: Learn More: Several types of tax can impact wealth transfers. They include estate tax (40% in 2025), as well as capital gains tax on appreciated assets and ordinary income taxes on tax-qualified accounts, according to Matthew Chancey, Certified Financial Planner and author of 'Tax Alpha Solutions: Effective Tax Management Strategies For High-Net-Worth Investors.' In 2025, estate tax only applies to estates that exceed $13.99 million ($27.98 for married couples) in fair market value, per the IRS website. Beginning next year, the exemption increases to $15 million, according to the Tax Foundation. However, Chancey noted even if your estate isn't impacted by estate tax, your heirs could still have capital gains and income tax to deal with. GOBankingRates spoke with Chancey and other financial advisors about the strategies they use to help their clients minimize taxes on transferred wealth. Take Advantage of Step Up in Cost Basis 'One of the best parts of the tax code is called 'stepped up cost basis at death,' which means when our parents pass on and leave assets to us as heirs […] capital gain taxes can be avoided since the assets are now considered to have stepped up their cost basis to current FMV [fair market value], thus eliminating any capital gains,' Chancey said. You can use this strategy for a variety of appreciating assets, including taxable brokerage accounts and real estate. To visualize how this works, say the cost to acquire your home (its cost basis) was $200,000, and its fair market value is $400,000 now. If you gift the home to your child and they later sell it for $500,000, they'll pay capital gains tax on $300,000 ($500,000 less the $200,000 cost basis). If, on the other hand, they inherit the house and sell it for $500,000, they'll only pay capital gains tax on $100,000 — $500,000 less the stepped up basis of $400,000. Consider This: Reconsider Joint Ownership Some families like to jointly title property as a means of estate planning, according to Allison Harrison, founder and principal attorney of ALH Law Group, which specializes in estate planning for the LGBTQ+ community. However, this approach is problematic. 'The property is now subject to all the owner's creditors, and the survivor does not get a step-up in basis for capital gains purposes,' Harrison said. Take Out Permanent Life Insurance 'Life insurance is a great way to provide access to capital today, but grow it in a tax free way for the beneficiaries,' Harrison told GOBankingRates. A properly structured whole life policy, for example, is a permanent life insurance policy that can accrue interest on a tax-deferred basis and earn dividends tax-free, per Guardian. Under most circumstances, your beneficiaries won't have to pay income tax on insurance money that passes to them directly, in one lump sum, according to the IRS. Keep Gifts at $19,000 per Year or Less You pay gift tax of up to 40% if your gifts exceed the lifetime limit of $13.99 million (for 2025). For tax year 2025, gifts of up to $19,000 per year, per recipient, don't count toward the lifetime limit. Nor do they count toward your $13.99 million estate tax exemption, as they do if they exceed $19,000. The rules are the same for the generation-skipping tax on gifts to anyone at least 37.5 years younger than you, per TurboTax. 'Hugely important for people over the $15 million exemption level [for 2026]. That is potentially a double tax without planning,' warned Matthew Wiley of Wiley Law. You can work around the gift limits entirely by paying the recipient's tuition, health insurance or unreimbursed medical bills instead of gifting them cash or other assets. These payments are non-taxable as long as you pay them directly to qualified schools or to insurance companies or healthcare providers, according to Jackson Hewitt. Place Assets in an Irrevocable Trust A trust allows a third party, called a trustee, to hold assets you transfer into the trust for beneficiaries you designate. After you die, the trustee distributes the assets to the beneficiaries, according to Fidelity. An irrevocable trust can't be changed, but it can minimize estate tax and your heirs' income tax liability, while also shielding your estate from creditors and lawsuits. Wiley named the following irrevocable trusts as his favorite strategies for shielding wealth transfers against tax: Spousal lifetime access trust Irrevocable life insurance trust Domestic asset protection trust (available in select states) More From GOBankingRates 7 Luxury SUVs That Will Become Affordable in 2025 This article originally appeared on Top 5 Estate Planning Strategies To Avoid 'Great Wealth Transfer' Taxes Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Miami Herald
23 minutes ago
- Miami Herald
Federal Reserve official gives green light to July rate cut
Is tariff inflation lagging, only to then burst and slip away? Or is it here to stay? Don't miss the move: Subscribe to TheStreet's free daily newsletter Just ask Federal Reserve Governor Christopher J. Waller. Waller, a Trump appointee, surprised some Fed watchers late last month. He opined the Federal Open Markets Committee should cut the Federal Funds Rate at its July 29-30 meeting, citing slower-than-expected inflation data that wasn't going to be as hot as expected. Related: JPMorgan drops blunt forecast on future interest rate cuts Waller doubled down on that position July 17, saying the latest data, including the June CPI figure at 2.7% and other recent economic numbers, show it's definitely time for the Fed's first rate cut in 2025. But will the rest of Fed leadership vote for it? Image source: Bloomberg/Getty Images The tariffs, which President Donald Trump announced on "Liberation Day'' in April, now face an Aug. 1 deadline. They are the highest in nine decades, ranging from 10% to 50% on imported goods and services. An interest rate cut has been the mantra of President Trump for months, saying the current rates are holding back the American economy from robust growth. The Federal Reserve Board has one job: comply with the dual congressional mandate to maintain 2% inflation and keep unemployment rates stable with steady GDP growth. It uses interest rates as a tool to manage that balance. The Federal Open Meeting Committee (FOMC) is the Fed's 12-member policymaking panel headed by Fed Chair Jerome Powell. Related: Trump deflects reports on firing Fed Chair Powell 'soon' The FOMC has been holding the Federal Funds Rate steady at 4.25% to 4.50% in anticipation of inflation from President Trump's tariffs and trade wars. The Federal Funds Rate is the price the Fed charges U.S. banks to borrow money overnight. This, in turn, sets the pace for short-term costs of borrowing money, such as through credit cards and auto and student loans. The 10-year Treasury Bond yield is the benchmark for longer-term interest rates like the 30-year fixed mortgage, currently hovering around 6.8%. The market expectations for how the Fed will set rates in the future influence long-term rates. The president is calling for a hefty slash of 3%, saying it will benefit Americans looking to buy homes with lower mortgages and reduce interest on the trillions of dollars in the U.S. deficit. In addition, he believes it will kickstart the overall economy in tandem with the new tax reconciliation act once known as the One Big Beautiful Bill. He's also been calling Powell a rotating list of personal and professional nasty and vulgar names as well as threatening to fire him (which are likely illegal but still caused some wonky fireworks over D.C. this week.) The Trump administration and its allies say the tariffs impact will be transitory, meaning it will represent a one-time hit to prices but not multiply and ripple through permanently. And while past tariffs in modern U.S. history have proven to shock prices in the short term, they tend to settle back down over the long run, according to some economists. "I believe we should cut the policy rate at our meeting in two weeks," Waller said in a speech in New York June 17. He called for a Fed's policy rate of 3%, or 125-150 basis points lower than the current rate of 4.25%-4.5%. Waller advocated returning the Fed's policy settings to "neutral," meaning interest rates at a level that neither speeds up nor slows down business activity, The New York Times reported. "With inflation near target and the upside risks to inflation limited, we should not wait until the labor market deteriorates before we cut the policy rate," he said. More Federal Reserve: Fed interest rate cut decision resets forecasts for the rest of this yearFederal Reserve prepares strong message on long-term interest ratesFed official revamps interest-rate cut forecast for this year Waller has in the past defended his analysis as "not political." Earlier that day, former Fed governor Kevin Warsh said in a CNBC interview that the central bank was in need of a "regime change." Warsh was quick to say the independence of the Fed is essential, but just as quickly advocated for significant monetary policy adjustments. If Waller and Warsh sound vaguely familiar, their names have been circulating as President Trump's possible replacement for Powell when the chair's term expires in May 2026. The third name on that list appears to be Treasury Secretary Scott Bessent. Powell has said he will not resign before the end of his term and emphasizes he is focusing on maintaining the Fed's dual mandate. Given the warming inflation seen in this week's CPI numbers for June, the unimpressive jobs numbers, and the unknown impact of the tariffs, Fed watchers expect the current rates will maintain their "wait-and-see" hold at the September FOMC meeting. The widely watched CME Group FedWatch Tool forecasts a Federal Funds Rate cut at 4.7% later this month. Related: June inflation numbers reset Fed interest rate cut expectations The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
Time Business News
an hour ago
- Time Business News
SMM Panel India: Boost Social Media Growth for Creators in 2025
In today's hyper-competitive digital landscape, Indian creators, agencies, and digital marketers are leveraging innovative tools to scale presence across platforms like Instagram, YouTube, Telegram, and WhatsApp. One such game-changer? Social Media Marketing (SMM) panels. Here's why they're becoming essential in 2025. 1. What Is an SMM Panel? An SMM panel is a unified dashboard that provides fast, affordable access to services like followers, likes, views, and more. Instead of juggling multiple providers, creators can quickly order real engagement for Instagram, YouTube, Telegram, and others — all under one roof. 2. How SMM Panels Support Indian Creators Faster Growth at Scale: With competitive pricing on real Instagram followers , YouTube subscribers , and Telegram members , creators can boost social proof in minutes. With competitive pricing on , , and , creators can boost social proof in minutes. Mobile-Optimized & INR-Friendly: Most SMM panels now support UPI, Paytm, and PhonePe — perfect for India's mobile-first users. Most SMM panels now support UPI, Paytm, and PhonePe — perfect for India's mobile-first users. Reliable & Transparent: 24×7 support, live tracking, and service history build trust and reduce risk. 3. SEO & Social Signals Quick engagement helps content gain traction in platform algorithms. Plus, it increases visibility and opens doors for editorial links or sponsorships — an under-utilized SEO booster. 4. Choosing the Right Panel Look for: Affordable, transparent pricing Live order status and retention reports Multiple services (followers, likes, views, subscribers) Strong customer support and payment integrations Example: Smm panel india offers INR-based pricing, UPI + Paytm support, real-time tracking, and responsive 24×7 service — ideal for Indian creators. 5. Ethical & Strategic Use Use SMM panels to boost visibility — not to deceive audiences. Combine panel service with quality content, engagement, and organic marketing for a powerful growth loop. Conclusion SMM panels offer a potent social boost for Indian creators in 2025 — fast, affordable, and effective. When used thoughtfully, they help spark the initial momentum to grow real communities and business opportunities. About the Author Naresh Dewasi is a digital growth strategist helping creators and entrepreneurs unlock online visibility. Explore more at Best smm panel in india, India's trusted SMM panel for Instagram, YouTube, Telegram & more. TIME BUSINESS NEWS
