Irs Debt Tax Attorney
You may think you don’t need an IRS debt tax attorney at first, but it doesn’t take long to find out that expert assistance is imperative. Anything connected with the Internal Revenue Service and past due taxes can become very complicated quickly. In fact, there are a lot of people who have failed to reach a reasonable agreement with the Internal Revenue Service because they didn’t understand the rules, laws, regulations and procedures.
No Amateurs Allowed
Negotiating with the Internal Revenue Service can be a delicate process in many respects. The process of obtaining an “Offer In Compromise” is a perfect example. An Offer in Compromise is a statement that you create, telling the Internal Revenue Service what you think is a reasonable settlement amount in exchange for eliminating the total debt or closing the past due tax account upon payment.
An Offer in Compromise sounds quite simple by definition, but the process is much more complicated than simply telling the Internal Revenue Service what you think is a fair and reasonable agreement. For one thing, you have to prove your offer makes sense in light of your financial condition. You also have to show how everyone benefits by the Internal Revenue Service accepting your offer.
An Offer In Compromise is only accepted approximately 15% to 50% of the time (depending on which statistics you believe). That’s really not very high odds. The best way to improve your chances of successfully coming to agreement with the Internal Revenue Service is by using the services of a lawyer. An attorney with an expertise in taxes is certified to work as a negotiator with the Internal Revenue Service and so begins the process from an advantage point the average taxpayer doesn’t have.
The Offer In Compromise filing can be complex which means you need an attorney that has experience and can prove success in a variety of tax cases. No two debt situations are alike and it takes knowledge of the laws and regulations to negotiate successfully.
Navigating the System
An IRS debt tax attorney knows and understands the current Internal Revenue Service taxation laws. But even beyond that an attorney specializing in tax negotiations stays current on taxation law changes. This is important when trying to deal with the Internal Revenue Service.
There’s another reason why you need an IRS debt tax attorney when filing an Offer in Compromise. The compromise process is very time consuming and requires frequent communication with the Internal Revenue Service. Most taxpayers are working middle class and can’t take the required amount of time away from their jobs to meet over and over again with the Internal Revenue Service. In addition, staying current on laws for taxation is a job in and of itself.
The Offer In Compromise is just one debt solution that’s available to taxpayers. An attorney can review all of the possible solutions which can solve your Internal Revenue Service problems.
William McConnaughy, CPA is a tax negotiation professional. He has experience working with people seeking tax relief and credit repair. For more information visit his tax relief website.
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Garnished Wages- Avoiding Garnished Wages with a Tax Attorney
It is difficult to recover financially with a history of garnished wages. Because of past due tax debt, many individuals have had their bank accounts levied and their wages garnished. There are numerous efficient legal actions you can choose to deflect getting garnished wages. Holding Up tactics or brushing aside the IRS or other tax agencies is the ugliest thing you can do. To avoid irreparable damage to your credit and financial integrity, it is extremely important to do your best to pay your tax bills on time. Make contact with your creditor and make substitute agreements if you are financially unable to meet your responsibilities. You need the help of a registered tax attorney to represent you and protect you from costly court transactions and potential seizure of assets.
You must require the aid of a skilled tax attorney to make sure that your rights and financial interests are protected. Having professional tax representation at this situation will give you a sense of protection and serenity. Tax professionals have the expertise to implement the tax laws and codes aright, and are experienced in talking terms with the IRS. You should necessitate to employ a tax expert to protect your rights, terminate the garnishments, and preserve your assets if you have garnished wages or received a bank garnishment.
Handling tax problems exclusively, uninitiated and unprepared, affords penalties and fines to escalate. Only a tax professional person can guarantee the best overall financial resolution of your tax problem. Engaging a tax attorney is a prudent investiture.
Time is essential in finding aid in situations like these. You can find a tax attorney using an on line search engine or looking in the local telephone yellow pages. When dealing with garnished wages, you only have a small window of opportunity. Oftentimes a tax attorney can resolve the garnishment matter with a easy telephone call.
Call a tax attorney if you have questions, problems or concerns regarding the issues surrounding garnished wages. It will give you surety having the representation of a professional who is practiced in the tax laws and can expedite settlement of your tax liability. Take action now and do not let doubt and fear prevent you from doing so. Wage garnishments can be temporary if you hire an accomplished tax attorney. You will survive the cease and desist order and judgments when you have a tax professional on your side. The solution to your tax problems is Instant Tax Solutions.
A tax attorney is highly educated in the field of tax laws. Because they have a graduate degree and a professional doctorate in these specializes laws, they know how to handle income tax returns, complex corporate tax returns, and other related tax issues.
Did you know that it is easier nowadays to prepare your own tax returns even without the help of a tax attorney?? All you have to do is to use tax preparation software.? With the increasing sophistication of software development, automated tax tools also became more accurate and less complicated.? Gone were the days when you have to spend countless hours just to prepare your taxes.? It is also easier nowadays to get tax advice free provided by competent online tax support services.? ?
One of the first things that you have to do if you want to file your taxes electronically is to search for the appropriate software that you will be comfortable with.? Searching for the right software can be a little difficult because there are numerous products available in the market today.? That is why before you purchase tax software, you should seek tax advice first from online tax support services.? You can sign up with Free Tax Support.? This is one of the most trusted and reliable online tax support services today.? It also gives tax advice free.? All you have to do is to fill up an online form where you can specify your tax concerns and its competent tax agents will contact you to resolve your problem.? It is like having a virtual tax attorney.? Once you clarify your tax issues, you can now confidently choose a tax preparation program that you can use. ?
To get the best results, you have to look for tax software that has a friendly and simple user interface.? This means the program should have easy to find tools and applications so you can reduce the time studying how the software works.? The software should also have a wizard that will guide you through the step by step process of preparing your taxes.? In fact, some of the best tax preparations tools out there can perform thousands of calculations so you can determine if you are qualified for several tax deductions.? The software can also provide tax advice free and will point items eligible for deductions or rebates.? If it is the first time that you will be using tax software and you want to be sure that you prepared your returns correctly, you can get the temporary service of a tax attorney to double check your returns. ?
You will be amazed that the output of tax software will pass the scrutiny of the most meticulous tax attorney.? So for your next filing, you can confidently prepare your taxes by yourself using tax software and file your returns electronically.? Even the IRS is encouraging taxpayers to file their returns electronically.? You can save a lot by using software and it is more rewarding to prepare your taxes all by yourself.? In case you encounter tax problems or issues in the future, you can simply consult the tax agents of Free Tax Support and get tax advice free.? Free Tax Support will point you to the right directions so you can keep the IRS off your back.
If the thought of tax payments and sights of envelopes with Inland Revenue address frighten or push you back, you may address your problem through the help of an online tax attorney or company. As the laws pertaining to tax in most of the countries are turning more and more complex, taxpayers are resorting to tax attorneys and lawyers to take care of their tax liabilities. Whether it is to perform reduction in tax returns legally to the minimum or understanding or interpreting complicated tax laws, professional guidance and support from a tax attorney is tremendously required.
How Does A Tax Attorney Intercede Between A Taxpayer And IRS?
The IRS or the government department working for tax raising hires highly efficient tax attorneys to persuade tax payers. Those attorneys are extremely persuasive and get paid substantially for being persuasiveness in their jobs. More they prove themselves to be persuasive in collecting taxes from tax payers’ pockets, higher they can charge their fees. Just like the IRS tax attorneys who are constantly persuading tax payers, as a tax payer, you may also hire an equally efficient and persuasive tax attorney for yourself to counter the persuasive actions of IRS attorneys.
As per different categories of tax like income tax, business tax, income tax and etc, there are different types of attorneys to take care of individual tax laws. If you need to settle disputes of business tax, you may hire a business tax attorney or an income tax attorney to reduce income tax returns. Task of tax attorneys of all types includes mediating between the IRS department and you. On your behalf, those tax attorneys will deal with the IRS department and adopt legal procedures in negotiating the tax settlement. As the disputed amount tends to get larger, the job of a tax attorney is to reach a minimum payable amount of tax through negotiation. They can minimize originally claimed tax amount to a much smaller amount. When you want relief from pressures from the IRS department, just get online. The best and the shortcut route to find a really efficient tax attorney is through online tax attorney websites and directories.
Tips On Finding The Right Attorney
Thousands of websites and directories enlist online tax attorney professionals and you can search to select the right one. Most of the websites cite examples of the cases they have successfully handled. Therefore, you may shortlist your options as per the profiles of the companies. There are also online forums, blog sites where people share their experiences of using the services of various tax attorneys. You may use those sites as your referrals and gain useful suggestions to keep away from those inefficient tax professionals.
?He who is his own lawyer has a fool for a client.?? — ancient proverb
Going against the IRS without a tax lawyer is like riding buck naked in a motocross race, you probably won’t win and if you crash, the results could be fatal.
As a tax resolution specialist for the past 10+ years, I have my obvious bias. At TRS, we are a team of highly specialized tax resolution experts including? tax attorneys , CPAs, EAs (enrolled agent tax experts) and others who have been providing income tax help for a combined 150 years of experience. We have helped provide IRS tax relief for people who have tax problems with back taxes, late filing, tax fraud, theft (from Madoff and other Ponzi schemes) and more. We have seen the substantial tax relief success our team can bring. We’ve also seen the disasters that strike those who dare to go solo.
Those who decide to fight the IRS by themselves may be motivated by misinformation. Tax resolution complaints are on the rise, as are outright tax resolution scams (official looking IRS snail mail or email that not only steal your identity but also tricks some victims into writing big checks to the “tax resolution firm”). Tin foil hat conspiracy theorists claim that the whole tax resolution industry is nothing but a giant tax relief scam. They say the IRS works for you, the people, and the IRS has your best interests at heart.? You can beat an IRS audit, they say, with the free tax help the IRS provides. If you believe that, I’ve got a bridge in Brooklyn I’d like to sell you.
So with all those caveats aside, if you are bound and determined to fight the law without a safety net, here are a few tips.
Remember that free tax help that the IRS provides?? You get what you pay for here. There’s the IRS Taxpayer Advocate Service: www.irs.gov/advocate/index.html. They won’t help you in an audit except to tell you who your auditor is and how it is progressing. If you think you’ve been treated unfairly by the IRS, these are the folks you complain to. Remember that these bureaucrats say they are on your side, but ultimately the government writes their paychecks. They have no real economic incentive to make sure you win. A tax lawyer does.
The IRS web site is a mess when it comes to finding tips on how to survive an audit. The best publication to get you started is IRS Publication 556: www.irs.gov/pub/irs-pdf/p556.pdf. If you feel confused by this IRS document, you’re not alone. Making sense of “IRS help documents” is what keeps tax attorneys in business. Tax lawyers can drastically change the tax resolution you get from your IRS audit.
You can find a lot of advice on how to survive an IRS audit online.? Nolo.com has a very good (if slightly flawed) taxes and audit section Here you’ll get solid tax advice like:
Don’t answer unless asked. Give the auditor no more information than she is entitled to, and don’t talk any more during the audit than is absolutely necessary. Don’t give copies of other years’ tax returns to the auditor. In fact, don’t bring to an audit any documents that do not pertain to the year under audit, or were not specifically requested by the audit notice.
Know your rights. Browse IRS Publication 1, explaining the Taxpayers’ Bill of Rights, prior to your audit. If the audit is not going well, demand a recess to consult a tax pro. Ask to speak to the auditor’s manager if you think the auditor is treating you unfairly. If the subject of tax fraud comes up during an audit, don’t try to handle it yourself.
Appeal the results. When you get the examination report, call the auditor if you don’t understand or agree with it. Meet with her or her manager to see if you can reach a compromise. If you can’t live with an audit result, you may appeal within the IRS or go on to tax court.
Roy Lewis at? Motley Fool likens going into an IRS audit without a tax lawyer to “removing your own appendix,” but he offers a few nuggets of IRS advice including:
Organize your records. Making the auditor’s job easier will win you some points. The auditor will at least believe that you’re an organized person and that all of your items are documented and justified. Don’t be afraid to group the items in question, or attach an adding-machine tape that matches the tax return. That will allow the auditor to quickly review the important issues. Don’t believe those who tell you that you can just throw your records in a bag, drop it on the auditor’s desk, and shout, “You figure it out!” That just doesn’t work. Remember, it’s your legal responsibility to prove your deductions.
Replace missing records. If you’re going through your records and find that some of them are missing, call for duplicates immediately. Don’t just go to the audit and claim that the records are missing or lost. That does you no good at all. At best, the auditor will request that you obtain the records. At worst, the deduction in question will be denied, since there are no supporting documents.
Provide only copies. Don’t bring original documents to the audit. If you do bring originals, do not give them to the agent. Request that the agent make copies and give the originals back to you. Once you hand over your original documents, there’s a very good chance that they will be misplaced or lost. Then you’re the one left holding the bag, since the IRS isn’t responsible for documents lost in its possession.
The most detailed IRS audit advice comes from CFPs and CPAs. For example in this article (http://www.unclefed.com/AuthorsRow/GretaHicks/audit.html) Greta P. Hicks, CPA offers a detailed approach on how to prepare for the four types of audits the IRS performs.
Even Microsoft has better advice for businesses on surviving an audit than the IRS does.
Bottom line, when you battle the IRS who do you want in your corner? Someone (you) who is facing the IRS for the first time, or someone who has been winning against them for decades?
If a layman attempts to go through this process without proper expert representation, their Offer in Compromise will not only get rejected but they will end up owing the IRS more money (in additional accruing penalties and interest) than when they started the process. Remember that the IRS is the most brutal collection agency on the planet.
At TRS, we encourage our clients to do themselves and their loved ones a favor by exercising their right to have expert representation before the IRS. From our 150 plus years of combined experience, we know that waiting only makes matters worse. Once we are retained by a client, we take over all communication with the IRS.
The cash you “save” by not hiring a reputable tax attorney may be the most expensive money in your life. And you may have a long time to consider the cost of going it alone as you write big checks to the government for the rest of your life or worse yet, repenting at leisure while you’re pumping your biceps in the prison yard. It’s your call.
It is unfortunate but true, that many people do not even consider consulting a tax attorney until they open their mailboxes one day and there is that dreaded letter from the IRS. A tax attorney is a lawyer that specializes in all areas of taxes. The tax attorney is required to attend law school for one to three more years, after regular law school, to receive their Masters in taxation.
The IRS has its own group of experienced tax attorneys, so if there is ever a time when you need to face the IRS for any reason, it is imperative that you have your own tax attorney with you. A tax attorney has all the tools and means necessary to handle any tax matters that come up during any tax disputes or issues.
If you have been contacted by the IRS and are looking to retain the services of a tax attorney, there are certain things to keep in mind when looking for the right one.
First, you need to choose a tax attorney that has extensive knowledge and experience in all areas of taxation. This means your chosen tax attorney should be up to date on all tax regulations, laws, recent and past tax court cases, recent and past tax rulings, appeal procedures, audit procedures, tax litigation and collection.
You should also look for business knowledge when considering a tax attorney. Your tax attorney should have a good deal of knowledge when it comes to business accounting. He or she should have the experience and training in financial areas in order to understand your case fully. Your tax attorney should also have a working knowledge of many other legal areas, such as bankruptcy, agency law and contract law. Your tax attorney should have a good deal of legal knowledge in order to recognize any issues that could be deemed criminal in nature.
Finally, you need a tax attorney that has skills in negotiation and litigation as well. If you need to take on the IRS, you will need a tax attorney that can negotiate settlements and be at your side if you do need to go to Tax Court, if the IRS accuses you of a of tax crime. Dealing with the IRS can be a long, hard and demeaning process. It is imperative that you have a reputable, knowledgeable tax attorney at your side during the ordeal.
Your tax attorney will have full working knowledge about all aspects of the tax laws and what the IRS legally can and cannot do during the process. He or she can advise you on your rights if the IRS happens to break the law during any part of your dealings with that agency.
Disclaimer: The information presented here should not be interpreted as legal or tax advice. If you need legal or tax advice, please seek professional advice from a qualified tax attorney for your best options.