The Law Offices of Sammy Kim

The Law Offices of Sammy Kim Get A Lawyer To Fix Your Tax Problems For Good.

We just printed this handy “subway” roadmap of the world of IRS notices for our office wall. From collections to appeals...
12/06/2023

We just printed this handy “subway” roadmap of the world of IRS notices for our office wall.

From collections to appeals to exams to litigation and more, it’s quite a windy journey.

Let me know if you need help figuring out where to go in IRS land.

You need representation? We’ve got representation! 💰🧾🤝We love this cartoon from The New Yorker on our office wall. 🤣
11/28/2023

You need representation? We’ve got representation! 💰🧾🤝

We love this cartoon from The New Yorker on our office wall. 🤣

Happy Thanksgiving to all of my colleagues, clients and friends!
11/23/2023

Happy Thanksgiving to all of my colleagues, clients and friends!

Zoom is great.Yes, I mean it.I know it’s easy to get tired of video meetings, one after another. I’m a big fan of in-per...
11/17/2023

Zoom is great.

Yes, I mean it.

I know it’s easy to get tired of video meetings, one after another. I’m a big fan of in-person meetings, where I can stand up, use my whiteboard and talk through my client’s case in the same room with them.

But I am not kidding when I say I love Zoom meetings with my clients too.

What do you think? Do you enjoy Zoom meetings – at least some of the time?

As I have mentioned before, every state has different tax rules and deadlines. Let’s talk about tax problems in New York...
11/14/2023

As I have mentioned before, every state has different tax rules and deadlines.

Let’s talk about tax problems in New York.

For one thing, New York has the highest tax burden in the country. Plus, it’s ranked worst in the nation for individual taxes, and 49th overall for business, property, and other taxes combined, according to the Tax Foundation.

If your business has been hit with an unpaid tax notice for New York state taxes, be aware that the New York Department of Taxation and Finance (DTF) will act swiftly and aggressively to collect unpaid taxes.

But it’s important to know the state will also work with you to help you resolve your tax debt.

If you’re struggling with unpaid taxes in the state of New York or any other state, contact me. I would love to help you solve your tax problem.

This Veterans Day, we want to thank all who have served and continue to serve.
11/11/2023

This Veterans Day, we want to thank all who have served and continue to serve.

Our firm recently hosted a meeting with board members and directors of the American-Korean Business Friendship Forum (AK...
11/09/2023

Our firm recently hosted a meeting with board members and directors of the American-Korean Business Friendship Forum (AKBFF).

This nonprofit organization was inaugurated in May 2023 in Northern Virginia to foster and build communication and establishment for small to mid-size businesses in South Korea and the US.

At our latest meeting, we heard from two of our core members, who spoke about their business operations. Very impressive and insightful!

You might not love your taxes – but what’s not to love about your tax lawyer?Happy Love Your Lawyer Day!
11/03/2023

You might not love your taxes – but what’s not to love about your tax lawyer?

Happy Love Your Lawyer Day!

Clients often come to me and asking what a Notice of Federal Tax Lien means.If you owe back taxes, the IRS might send yo...
10/30/2023

Clients often come to me and asking what a Notice of Federal Tax Lien means.

If you owe back taxes, the IRS might send you a Notice of Federal Tax Lien placed on your assets, such as your house or car.

A lien means the federal government has made a legal claim against your property to ensure that you pay your tax debt. A Notice of Federal Tax Lien is a public document that lets other creditors know that the IRS has issued a secured claim against your assets.

When the IRS has placed a tax lien on your house, I can help make it possible for you to sell your property by having the IRS discharge or subordinate their lien priority and maximize your cash out from the closing.

An Offer in Compromise approved for our clients! A married couple suffered economic hardship after giving up their busin...
10/26/2023

An Offer in Compromise approved for our clients!

A married couple suffered economic hardship after giving up their business due to a fire at their farm.

Their offer was approved in the amount of $13,296 — only 11.3% of their total tax debt of $117,421.

There is a solution to every tax problem. And sometimes, it’s possible to settle your tax debt for less money than you owe.

With so many of my client meetings on Zoom these days, it is such a pleasure when I get the chance to spend time with a ...
10/24/2023

With so many of my client meetings on Zoom these days, it is such a pleasure when I get the chance to spend time with a client in the office.

At this recent meeting, I was in the office at the whiteboard diagramming where my client is in the process of negotiating with the IRS and solving her tax problem.

And I loved it.

Thank you to my client for an effective and productive meeting – and for letting me snap a picture!

With both wine 🍷 and tax problems, I always say, “age matters” – but in very different ways.  Unlike fine wine, tax prob...
10/17/2023

With both wine 🍷 and tax problems, I always say, “age matters” – but in very different ways.

Unlike fine wine, tax problems 🧾 do not age well.

If you have a tax problem, here’s my best advice: do not ❌ wait to deal with it. It is likely to get worse if you don’t take action sooner rather than later.

CNC — or “Currently Not Collectible” — is a status used by the IRS to indicate that a taxpayer owes taxes but is tempora...
10/11/2023

CNC — or “Currently Not Collectible” — is a status used by the IRS to indicate that a taxpayer owes taxes but is temporarily unable to make payments due to financial hardship.

When a taxpayer is placed in CNC status, it means that the IRS has determined that collecting the tax debt at that time would create an economic hardship for the taxpayer.

While in CNC status, the IRS generally stops collection activities, such as levies and wage garnishments. However, interest and penalties may continue to accrue on the unpaid tax debt.

For one of my recent clients, CNC status classification was approved for someone who experienced economic hardship but suffered from an IRS collection action.

The client also actively traded stocks and had a realized gain with which he bought a house. However, the IRS filed tax liens on the property so he could not borrow against it to pay for his federal tax liability of $456,501.

I take pride in helping our clients solve their tax problems.

Recently, I participated in a Town Hall meeting with Virginia Attorney General Jason Miyares. I was part of a group of s...
10/09/2023

Recently, I participated in a Town Hall meeting with Virginia Attorney General Jason Miyares.

I was part of a group of small business leaders who worked together to organize the event for Asian American leaders in communities representing Korea, China, India, Vietnam, Pakistan and Mongol. We also recruited high school students to work as event volunteers.

Local newspaper reporters came to hear what concerns and questions Virginians had for the Attorney General. We gathered a list of questions prior to the event, and there was an open Q&A session as well.

The AG said that he was also from an immigrant family and that he valued events like this to hear directly from Virginians. He was particularly interested in safety issues and shared different channels to make it easy to reach him in the future.

This collaborative effort created a meaningful opportunity to foster dialogue with the AG and continue to give our community a voice.

So excited about our new office!
10/05/2023

So excited about our new office!

✅ Solving Tax Problems for Retail Businesses For retail businesses, sales tax is collected by state and local government...
10/03/2023

✅ Solving Tax Problems for Retail Businesses

For retail businesses, sales tax is collected by state and local governments.

Owners of retail businesses are required to pay sales taxes collected from goods sold and file a monthly sales tax return for the prior month.

If you own a retail business and have neglected to pay your sales taxes, I can help you negotiate a plan to resolve the issue.

An Offer in Compromise has been approved for our client who is a subcontractor in a construction business! Our client or...
09/26/2023

An Offer in Compromise has been approved for our client who is a subcontractor in a construction business!

Our client originally owed the IRS $109,417 in back taxes.

His offer was approved at $15,464, a mere 14% of the total tax debt owed.

After the offer payment terms are met, all tax liens will be released.

His offer was almost returned due to the offer examiner’s delay and mistakes, but our administrative appeal revived the offer, and the offer was finally approved.

It is gratifying to help a taxpayer reduce the amount of back taxes they owe.

Not only did my staff handle everything for me when I was away from the office this summer, but also they welcomed me ba...
09/21/2023

Not only did my staff handle everything for me when I was away from the office this summer, but also they welcomed me back to the office with a homemade matcha tiramisu cake!

It truly takes a village and I am filled with gratitude. ♥️ ♥️

If you own a business, you need to know about the latest wave of IRS audits – known as ERC or Employee Retention Credit ...
09/19/2023

If you own a business, you need to know about the latest wave of IRS audits – known as ERC or Employee Retention Credit Audits.

The IRS is cracking down and auditing companies that applied for and received Employee Retention Credits, arguing that some used the opportunity for financial assistance from the government to fraudulently claim credits for which they were not actually eligible.

If your business is audited and your credits are reduced, the ERC audit penalties and interest could be substantial. The amount you have to pay back to the IRS will depend on whether the IRS believes your application was inaccurate or that you intentionally committed fraud.

In addition to repaying the credit along with civil penalties, the IRS could bring criminal fraud charges against you, which could possibly result in imprisonment.

A successful defense to an ERC audit requires attention to detail, an enormous amount of paperwork and detailed knowledge of how to negotiate with the IRS for the best possible outcome.

If your business has been hit with an ERC audit from the IRS, contact me. I can help.

In the weeks leading up to a stretch when I was going to be out of my office this summer, I felt like getting everything...
09/15/2023

In the weeks leading up to a stretch when I was going to be out of my office this summer, I felt like getting everything in order before I left was nothing short of chaos.

I felt like a chicken with my head cut off, with so much on my mind and too much to do.

✅ I assembled desks so my staff could work more easily when I was not there.

✅ I cleaned up papers and files.

✅ I worked fast and furious to meet all sorts of deadlines earlier than I normally would.

All of this preparation made me realize how important it is, if you run your own firm, to have systems in place to ensure it can run on its own – even without you.

If you run your own firm or business, I would love to hear about any systems you have set up to make sure it could run even if you weren’t there for a period of time.

Please share in the comments!

I am thrilled to share an exciting win for one of our taxpayer clients! After nine months of work, we were able to get t...
09/14/2023

I am thrilled to share an exciting win for one of our taxpayer clients!

After nine months of work, we were able to get the IRS to completely wipe out a Form 5500-EZ non-filing penalty of $150,000 imposed on a local doctor for their employee benefit plan.

We are proud to be able to help our clients in such significant ways.

Love these beautiful, fresh vegetables straight from our client’s garden!  When she heard I didn’t have time to grow my ...
09/12/2023

Love these beautiful, fresh vegetables straight from our client’s garden!

When she heard I didn’t have time to grow my own, she came back with this delivery that same day.

Thank you!

Thank you for this thoughtful testimonial from one of my clients!
09/06/2023

Thank you for this thoughtful testimonial from one of my clients!

State tax problems are at least as common as IRS tax problems. With signed state Power of Attorney forms, I have solved ...
08/30/2023

State tax problems are at least as common as IRS tax problems.

With signed state Power of Attorney forms, I have solved state tax problems for residents of many states, including Virginia, Maryland, Washington, DC, New York, and many others.

Do you need help understanding the specific laws and requirements to deal with a tax issue in your state? I’d love to help.

08/28/2023

When clients come to me with tax problem, they wonder how long it will take to solve it.

In some cases, a skilled tax attorney It is possible to solve certain tax problems in only one day, a few days, or a couple of weeks. A solution can be quick if it’s as simple as replying to an inaccurate letter from the IRS or state taxing authority. When your liability is more complicated, it can take a few months to a couple of years to resolve.

One thing to know: Tax problems have a tendency to get bigger as time goes by, so don’t wait to get help if you need it.

There is one impact of the work I do as a tax lawyer that many people don’t realize — and that I truly love.By helping m...
08/25/2023

There is one impact of the work I do as a tax lawyer that many people don’t realize — and that I truly love.

By helping my clients minimize their tax liabilities, maximize their deductions, and ensure their compliance with federal and state tax laws, I make a measurable impact on my clients’ financial well-being.

I love when I have an opportunity to advise a client in a way that sets them up for long-term success.

By providing effective legal strategies for clients related to tax matters, I contribute to the financial success of individuals and businesses, something I find highly rewarding.

Believe it or not, it’s not uncommon for someone to make a lot of money and still incur a lot of tax debt. And sometimes...
08/23/2023

Believe it or not, it’s not uncommon for someone to make a lot of money and still incur a lot of tax debt.

And sometimes, that same person then loses their job, has their hours reduced, becomes disabled or gets divorced.

Then, suddenly, they’re not in a position to maintain any kind of payment plans for their tax debt.

If something like that happened to you, I can help you settle the debt or become classified as currently not collectible — temporarily stopping collection actions against you.

Contact me and I will help you find the solution to your tax problems.

If you or someone you know has a tax problem, it might seem like there is no way out — especially if that tax problem ha...
08/21/2023

If you or someone you know has a tax problem, it might seem like there is no way out — especially if that tax problem has been building for a long time.

That’s why I created a process for solving a tax problem that involves three steps.

1) Diagnose Your Case

I will review your letters, past tax returns, and IRS transcripts to identify any immediate issues and missing returns. I will also determine how much time is left for the IRS to collect any money owed from you.

2) Analyze Your Options

Once the required compliance is met, I will evaluate your current financial situation and your specific circumstances. That way, I can help you reach the best resolution customized for you.

3) Resolve Your Tax Problem

I will make a proposal to resolve your tax issues or settle tax debt, often for less money than you owe. This may require frequent communications with an appeals process or filing a petition to the U.S. Tax Court.

Always, the ultimate goal is to negotiate to obtain the best results and solve your tax problem for good.

Address

9687 Main Street
Fairfax, VA
22031

Opening Hours

Monday 8:30am - 5pm
Tuesday 8:30am - 5pm
Wednesday 8:30am - 5pm
Thursday 8:30am - 5pm
Friday 8:30am - 5pm

Telephone

+17039517407

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