Services a tax attorney can offer you
A tax attorney is a person who specializes in laws pertaining to taxes. Tax law is complex and highly technical and it is therefore advisable to seek services of tax attorneys if you are facing any technical and legal issues pertaining to tax. A tax attorney will work along with the taxpayers to solve issues they may face and can provide some relief from tax claims. A tax attorney can provide a multitude of services pertaining to tax. Let us have a look at some of them.
Offer in Compromise assistance
The Internal Revenue Service (IRS) is responsible for tax law enforcement and tax collection in the United States. If the IRS notices any errors in the tax filing procedure of an individual, it will forward a tax claim to the person. The person who received the tax claim has to settle the claim or has to fight the claim legally in court. However, in some situations, an agreement between the taxpayer and the IRS is made, where the claim is settled for a lower value than initially raised. This agreement is called the Offer in Compromise (OIC). Tax attorneys can help such persons by providing strategies that will optimize the chance of the OIC being accepted by the IRS.
Avoiding Payroll Tax Debt
IRS has the authority to look beyond the corporate veil and therefore can assess some business taxes to individuals. Such taxes known as Trust Fund taxes can be collected personally from taxpayers. By opting for the services of tax attorneys, you can avoid personal assessment and the attorneys will help you in drafting a resolution to prevent the IRS from collecting such taxes from you personally.
IRS Audit Assistance
Most people fear IRS Audit, as it can be the beginning of a long battle. IRS Audits often lead to tax penalties and in some cases criminal prosecution. IRS agents who are assigned such audit can easily get taxpayers to say something that will get them into trouble. By availing the services of a tax attorney, you will be able to minimize the strain put on you by tax audits, as the tax attorney will manage the entire tax audit.
Find out how a good tax attorney can help you save money. Hire the right tax lawyerwho can prepare your returns after identifying various tax breaks for you.
Help eliminate tax penalties
Most taxpayers dread tax penalties as it can make them spend a lot of money for mistakes that might have occurred due to ignorance or other genuine reasons. A tax attorney will help you in preparing and submitting the Penalty Abatement request. The attorney will also help you to get in touch with the right people in the IRS to help get you relief from the penalty.
Filing of Old Tax Returns
If there are old tax returns yet to be filed by you, the best option will be to hire a tax attorney. IF there are any pending returns to be filed by you, the IRS will not consider any request that is put forth to them by you. You can file your tax return even if it is late and a tax attorney will be able to help you in getting through the process in a smooth way.
The services that have been mentioned above are just some of the services that a tax attorney can provide you. It is always a wise decision to opt for a tax attorney to deal with taxation issues, as they will be fully aware of the tax laws and the consequences of failing to heed those laws.
Offer in Compromise assistance
The Internal Revenue Service (IRS) is responsible for tax law enforcement and tax collection in the United States. If the IRS notices any errors in the tax filing procedure of an individual, it will forward a tax claim to the person. The person who received the tax claim has to settle the claim or has to fight the claim legally in court. However, in some situations, an agreement between the taxpayer and the IRS is made, where the claim is settled for a lower value than initially raised. This agreement is called the Offer in Compromise (OIC). Tax attorneys can help such persons by providing strategies that will optimize the chance of the OIC being accepted by the IRS.
Avoiding Payroll Tax Debt
IRS has the authority to look beyond the corporate veil and therefore can assess some business taxes to individuals. Such taxes known as Trust Fund taxes can be collected personally from taxpayers. By opting for the services of tax attorneys, you can avoid personal assessment and the attorneys will help you in drafting a resolution to prevent the IRS from collecting such taxes from you personally.
IRS Audit Assistance
Most people fear IRS Audit, as it can be the beginning of a long battle. IRS Audits often lead to tax penalties and in some cases criminal prosecution. IRS agents who are assigned such audit can easily get taxpayers to say something that will get them into trouble. By availing the services of a tax attorney, you will be able to minimize the strain put on you by tax audits, as the tax attorney will manage the entire tax audit.
Find out how a good tax attorney can help you save money. Hire the right tax lawyerwho can prepare your returns after identifying various tax breaks for you.
Help eliminate tax penalties
Most taxpayers dread tax penalties as it can make them spend a lot of money for mistakes that might have occurred due to ignorance or other genuine reasons. A tax attorney will help you in preparing and submitting the Penalty Abatement request. The attorney will also help you to get in touch with the right people in the IRS to help get you relief from the penalty.
Filing of Old Tax Returns
If there are old tax returns yet to be filed by you, the best option will be to hire a tax attorney. IF there are any pending returns to be filed by you, the IRS will not consider any request that is put forth to them by you. You can file your tax return even if it is late and a tax attorney will be able to help you in getting through the process in a smooth way.
The services that have been mentioned above are just some of the services that a tax attorney can provide you. It is always a wise decision to opt for a tax attorney to deal with taxation issues, as they will be fully aware of the tax laws and the consequences of failing to heed those laws.