ERNEST LEE LLP - London

ERNEST LEE LLP - London

Ernest established the firm with offices in Pennsylvania and London in 2005, providing professional services to multinational individual, corporate and private equity clients.

ERNEST LEE LLP - International Tax

ERNEST LEE LLP - International Tax

Our International Tax Practice is supported extensively from our U.S. office, encompassing not only all aspects of US tax law but also the many other areas that play a role in any structuring or transactional assignment.

ERNEST LEE LLP- Negotiation

ERNEST LEE LLP- Negotiation

We represent clients entering into agreements, such as partnership or joint venture agreements or contracts for the sale or purchase of property, with the goal of avoiding disputes in the future while striving to achieve the best business, legal and tax result for that client.

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    US Federal Tax Services - Tax Collection Issues

    The Internal Revenue Service regularly calculates the total amount of money it expects to collect in taxes in a given year, known as the aggregate tax liability — the difference between this number and the amount of money the IRS actually collects is known as the "tax gap." In 2001, the tax gap was $345 billion, and five years later, that figure increased to $450 billion. According to the Tax Policy Center, an overwhelming majority of that amount is not from late filings or back taxes, but from underreporting of taxes filed on time.

    Legal and Advisory
    International Tax
    US Federal Tax
    State and Local Tax
    Tax Compliance
    Sports Management

    In many of these cases, the IRS will act in an attempt to retrieve as much of this money as it possibly can, primarily by way of a wage or bank account levy or seizure of assets. When the IRS believes that you have underreported your income on your tax return, it will usually send you a letter asking you to explain how you think the difference can be reconciled without having to experience a seizure or levy, and it will likely request a response in a very short period of time. Before you respond, know that you do have rights, and also know that you can benefit enormously by enlisting professional support.  We have experience representing individuals facing potentially debilitating collections efforts by the IRS and have helped them to achieve a fair and equitable settlement.

    Services
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    • Tax Preparation and Compliance
    • IRS Liens, Levies and Seizures
    • Unfiled State and Federal Tax Returns
    • Innocent Spouse Claims
    • IRS Negotiations/Offer in Compromise
    • Installment Payment Plan Agreements
    • Identity Theft
    • IRS Penalties and Interest
    • State and Local Tax Issues
    • International Tax Issues 
    • Expert Tax Representation
    • Settle IRS Back Taxes
    • IRS Audit Tax Help
    • Payroll Tax Problems
    • IRS Appeals
    • Tax Collection Problems
    • Voluntary Disclosure / FATCA

    While the United States still continues to linger in a recession, the government has ramped up its efforts to close the enormous and growing tax gap; those who have underreported or failed to file could be exposed to a greater level of scrutiny by the IRS. Nevertheless, as a taxpayer you do have rights. Do not allow yourself to be a victim of an overzealous tax auditor.

    STATE AND LOCAL TAX
    INTERNATIONAL TAX
    TAX PREPARATION
    NEGOTIATION
    LEGAL AND ADVISORY
    US FEDERAL TAX