It is the right of the IRS to seek payment for debt you owe to the government, but it can be difficult going up against the IRS alone. Therefore, it’s in your best interest to take advantage of knowledgeable, experienced, and professional tax attorneys. Not only will you receive expert guidance, but it could also mean the difference between a successful or a disappointing outcome or negotiation.
The following are just some of the many benefits you can reap by hiring a tax resolution attorney.
The Right Time to Hire a Tax Resolution Attorney
A tax attorney can help in a myriad of situations. If you are facing an audit, legal representation will negotiate on your behalf and, when effective, can decrease the total debt owed. If you receive an IRS notice, which could be informing you of many different matters from a tax return error to a debt reminder, an attorney can help you form the proper response. If the IRS is pursuing criminal charges, such as tax evasion or fraud, it is imperative that you have legitimate representation. Eighty percent of defendants are sentenced to prison in such cases, therefore such investigations should be taken seriously.
Knowledge of Tax Code
The IRS tax code is more than 1,700 pages long. Chances are you don’t have time to read the entire code, and quite likely that you won’t have a good understanding of what’s there. A tax resolution attorney has thoroughly studied the code, stays up-to-date on changes, and has the knowledge to apply it accurately in your situation.
Protection from Misconduct
Although most IRS tax agents are professional and respectful, you may find yourself against a crooked agent who uses abusive tactics, intimidation, and/or lies to push you to resolve your tax matters with them. Hiring a tax attorney to act on your behalf as an intermediary will protect you from such misconduct. Your attorney will act as your representative throughout your case and be sure your rights are protected until your case with IRS has been settled.
As previously mentioned, your IRS tax attorney will act as an intermediary and your advocate throughout your case. It can be a daunting task to speak with the IRS over the phone and, if you don’t have the experience and knowledge, it can be difficult to be sure that all paperwork is thoroughly completed and accurate. It is possible that you could even incriminate yourself by accidentally giving false information or even by giving them more than they asked. Your IRS attorney will handle all communication for you, including phone calls and responding to letters.
If you’re already in a difficult financial situation, it can be scary to think that the IRS could garnish your wages, levy your bank account, or put a lien on your assets, but without an attorney to guide you in the appropriate steps, it is possible. Your tax resolution attorney has the ability to file an Offer in Compromise (OIC), create an installment agreement (essentially an agreed upon payment plan), or request a Currently Not Collectible (CNC) status (among other things). They will also arrange for payments to be made via credit card, money order, or ACH withdrawal. If the IRS has already taken steps to invade your income, the steps taken by your attorney can prevent future garnishments.
Your tax attorney will not only be able to help you resolve your debt with the IRS, but they can also assist you with preparing and filing past due tax returns, the current year’s tax return, or an amendment to a previously filed return. IRS attorneys are capable of requesting extensions on your behalf. They’ll submit all necessary proof of income, such as W2s, 1099s, 1098s, and other income documentation.
Contact an Attorney
If you have found yourself in a situation requiring expert legal representation, contact Ayar Law at 800.571.7175 for FREE, confidential, no-obligation tax advice.