The Internal Revenue Service (IRS) is a statutory body in our country responsible for administering and enforcing federal tax laws. Its mission is to ensure taxpayers fulfill their tax obligations and it takes somewhat of a carrot and stick technique. Where the IRS offers various tax deductions, exemptions and debt relief programs to reduce taxpayers' tax burden, it charges penalties, levies taxpayers' bank accounts, and issues notice of lien on taxpayers' property in case they default on their tax payments. There are many situations where taxpayers find themselves in trouble when dealing with the IRS. Tax attorneys can assist you to secure the maximum benefit from the IRS debt relief programs and can also prevent IRS problems. If you are looking for a tax lawyer in Fort Worth, Dallas, or the nearby area, choose one of the trusted law offices in your community. Here are three situations for which you can seek an IRS tax attorney’s help.
Offer in Compromise
Offer in compromise is an IRS tax relief program in which taxpayers can settle their tax liability for less than owed. However, taxpayers first need to qualify for the program. The IRS checks taxpayers' total income, assets, ability to pay, and past tax records to determine their eligibility. An experienced tax attorney can help you prove your eligibility for the program based on your past tax records and financial situation. They will also be able to suggest alternative options to reduce your tax liability.
Wage Garnishment
Non-compliance with tax laws can lead to serious implications including wage garnishment, under which the IRS secures a portion of the taxpayer's wage until the tax liability is paid in full. Wage garnishment can be a stressful situation, creating a shortage of funds for taxpayers. In such situations, a tax attorney can help collect and submit sufficient evidence to show the IRS that wage garnishment is causing you considerable economic hardship. This will help you get a release of wage garnishment.
Penalty Abatement
The IRS charges a penalty on the unpaid amount at a compounding rate. The compounded penalty amount sometimes exceeds the principal amount itself, leading to an excessive tax burden. A tax lawyer, in this situation, can make an appeal in the court to either completely remove or lower the penalty amount, reducing taxpayers’ tax burden. Tax attorneys can also negotiate with the IRS to reach an installment agreement for the tax due.
Conclusion
Tax attorneys spend years learning and comprehending IRS tax codes and policies, thereby, are more proficient at dealing with the IRS. They can not only suggest proper resolutions for tax problems but also easily negotiate with the IRS and represent their clients in a court of law. Residents of Dallas, Fort Worth, or nearby areas looking for tax attorneys can consult a reliable law company in the city boasting a team of tax lawyers experienced in dealing with all types of IRS problems. They will suggest a suitable approach for you to reduce your tax burden.
Contact Cumberland Law Group at 678-385-5953 for a free tax relief consultation.Visit here: - https://cumberlandlawatlanta.com/Kind of IRS AuditsA survey by the IRS needs not to be feared with the right obligation legal advisor.
From my experience, returns are frequently picked inside two years from the archiving of the cost frame.
Field surveys included keeping an eye on a subject's records and books through gatherings driven by a salary authority.
Office surveys are more amazing and incorporate request of reality issues, for instance, if wage was totally uncovered.
Regardless, an evaluation attorney can prepare you and help you through the experience of examination.
A bank gather must be released inside 21 days from the date it was issued.The IRS just snatches the benefits in the record when the interest was put.
