Do you need the services of a tax attorney? As tax season approaches, more people are finding themselves confronted with mounting tax debt. One of the reasons may be that they didn’t file all their income tax returns. The IRS will validate any tax payment submitted to it, but when it comes to the audits that may come, you may find yourself in an impossible situation. In these cases, you should definitely have a tax professional on your side. These professionals are often called “tax attorneys” and they specialize in representing individuals and families who have been cheated by the IRS. If you are looking for skilled tax lawyer, check out Defense Tax Partners website at https://www.coloradotaxattorneys.net/tax-debt-attorney-loveland-co/ for guidance and Free Consultation!
To establish your free initial consultation, call or online. Free consultations are available throughout the United States. Tax filing bankruptcy is also dischargeable under certain circumstances: Filling your tax return within the time period specified by the IRS. Your tax return wasn’t fraudulent or frivolous. You aren’t guilty of tax evasion. In some cases, the IRS may not be able to reclaim any assets that were taken by taxpayers.
If you receive an over the limit notice from the IRS, you may qualify for tax relief, which is also sometimes referred to as an installment agreement settlement. Under an installment agreement, you pay taxes over an agreed period of time based on a schedule that you and the IRS have created. For example, if you owe back taxes of $6,500, you would need to make monthly payments of at least the minimum required by the IRS. With tax debt attorney help, you can receive relief from the penalties and interest that you are facing as well as other related consequences, such as stopping interest from being added to future taxes.
In addition to working with you to settle your taxes, tax debt attorneys can also negotiate the resolution of any delinquencies that you may be facing. In some cases, tax relief can eliminate penalty fines and fees. It can also help to reduce back taxes. Tax attorneys may also represent you in administrative hearings before the IRS. They can also handle cases before the courts, as well.
An experienced tax attorney in CO will be familiar with all the technicalities of the tax code, as well as the applicable court rulings and laws. Because they handle many cases before the IRS, they will be well-versed in how to present your case in front of the judge or the IRS. A tax debt attorney may also be able to get some tax debts dismissed or reduced by the court.
There are many situations where you may qualify for tax relief. However, the sooner you start your search for tax debt help, the better your chances of getting some relief from your liability issues. It is important to hire a tax debt attorney who has relevant experience in the field. He or she should have a strong background in representing clients in cases similar to yours, as well as knowledgeable about the IRS and its collection programs.