Tax Resolution Attorney John P. Willis Discusses Stimulus Checks Gone Missing And Potential Tax Relief Opportunities For Businesses.
Tax resolution attorney John Willis, CEO and founder of IRSALLSTAR acknowledges the enormity of the task of getting stimulus payments to every eligible person and recognizes there will be mistakes and unhappy people, while also addressing significant tax relief that could help business owners right away..
Fairhope, AL, May 30 2020: Tax Attorney John Willis, CEO and founder of IRSALLSTAR.com, recently published an article on his website entitled “Really, Your Check Is In The Mail,” in whichMr. Willis encourages readers not to give up hope yet if they haven’t received stimulus check.
Willis states, “You’ve heard from friends, colleagues, acquaintances and family members that they’ve received their stimulus checks.” “Yet,” he continues, “you still haven’t received yours and you know you meet all of the qualifications. So, what’s the problem, you wonder?” “Well, for starters,” says Willis, “there are 328 million people in this country, and it takes quite some time to make deposits and issue checks. Be patient.”
“However,” Willis goes on to say, “there are many instances being reported of checks being sent to previous addresses and the current residents have either lost or destroyed the checks. So, getting a check reissued is probably not going to happen.” He continues, “Of course there are dozens of other stories of dead people getting checks, minors getting payments and an array of others who are not eligible. Kind of gets your craw when you are a law-abiding taxpayer on the edge of financial despair, and you haven’t a clue whether you’ll be getting the help you need or not.”
According to Willis, “The IRS advises those taxpayers whose checks do not arrive or are lost or otherwise missing that they will be able to deduct the amount they should have received when they file their 2020 taxes.” He adds, “Not much in the way of gratification, but you have to understand the immensity of the task the IRS has on its hands now.”
Willis turns his attention to business owners saying, “Since you have until July 15, 2020 to file your taxes, and if you haven’t yet filed, there may be an opportunity to declare disaster losses for your business.” He elaborates, “That’s because a federal emergency declaration triggers a number of tax provisions that taxpayers can use to get financial relief while weathering the impact of the disaster. Most commonly IRC Section 165(is) is accessed in the wake of an actual hurricane, storm or other natural disaster. However it was activated on March 13, 2020, nationwide when the president declared an emergency in response to the COVID-19 pandemic”
The entire article can be read at: http://www.irsallstar.com/blog/really-your-check-is-in-the-mail.php
ABOUT JOHN WILLIS
Mr. Willis believes strongly in supporting and representing the “underdog” and has devoted his entire professional life to protecting and defending those who need it most. As an attorney, Mr. Willis takes his role as “counselor” seriously. His knowledge, creativity and persistence are valuable assets that provide substantial benefits to his clients. He has represented individuals and businesses across the Gulf Coast for over 21 years and, he brings together an abundance of skills and experience that can be of assistance to almost anyone.
ABOUT THE IRSALLSTAR TEAM
The IRSALLSTAR team has developed a winning formula to ensure that each client’s individual needs are specifically met. Upon becoming a client of Mr. Willis’ law firm, that client’s immediate needs are assessed, and long-term goals are defined. Experienced professionals on the IRSALLSTAR team then assist each client in developing and implementing a custom-tailored game plan to provide both short-term and long-term relief from his or her serious tax problems. All firm clients are continually coached toward successful tax resolution and final victory over their challenges with the IRS and state taxing authorities. The entire blog can be found at http://www.irsallstar.com/blog/irs-tax-controversy-even-death-cant-stop-the-irs.php
To learn more about Mr. Willis and his law firm please visit http://www.IRSALLSTAR.com or call toll-free 877-254-4254.