Natalia's Tax Commandments
Ventsko Law shares The Tax Commandments with clients, and now you! Dealing with taxes might be complicated and confusing, but it's not impossible. With education, confidence, and the right mindset you can feel empowered to finally tackle tax. What are you waiting for?
1: Thou shall not be terrorized by tax law
I provide consultations and workshops to help people demystify the world of tax. During my consultations and workshops, we drop the legal language and discuss tax as if we were talking to 5 years olds. This way the client leaves empowered and knowledgeable about their tax obligation.
2: Thou shall not fear the 1040
I teach workshops and seminars to help people understand language such as “deductions”, “credits”, “above the line”, “exemptions”, “taxable income”, and so forth. When people leave my workshop they not only understand these terms, they begin to develop an understanding as to how these terms apply to them.
3: Thou shall see the Schedule C
In a time of Uber, Door Dash, and the like, more people are earning income that should be reported on a Schedule C. Too often people are oblivious to their tax obligations as independent contractors. Further, they are unaware of their legal requirement to pay self-employment tax and estimated tax. My workshops break down this obligation to promote compliance among the general population.
4: Thou shall not ignore the IRS
We all know someone who has ignored correspondence with the IRS. Nevertheless, the IRS cannot be ignored. I work with clients to help them negotiate, settle, and/or dismiss their tax debt. The IRS and Tax Court offer multiple avenues to resolve problems whether it be setting up installment agreements, establishing an Offer in Compromise, appealing an audit to the Appeals Office, settling a case with an IRS attorney, or litigating in Court. You may have options and I want you to know about them.
5: Thou shall go to Tax Court with your head held high, if necessary
In cases where the tax obligation is under 50k, Tax Court is set up so that people can represent themselves. In fact, the Tax Court has an online system and forms to streamline the process for those the law calls “pro se” litigants. For clients who prefer to represent themselves, I provide consultation, document review, and research/writing services so that clients feel empowered to solve their tax problems.