Common Tax Problems That Require An Attorney

Tax problems can be complicated and stressful to deal with, especially when you are dealing with the IRS or state tax authorities. A qualified attorney can help you navigate the process and protect your rights. Here are some of the most common issues an experienced tax attorney can help you with.

Audits and Investigations by the IRS 

Facing an audit or investigation by the IRS can be a daunting experience, even for those with extensive tax knowledge. An experienced tax attorney can provide invaluable guidance and advice throughout the process to ensure your rights are protected and minimize any potential financial consequences.

Audits and investigations by the IRS can occur for numerous reasons, including errors in filing taxes or failing to file at all. A tax attorney is familiar with common mistakes as well as changes in laws and regulations that could put you at risk of an audit or investigation. Your lawyer will be able to help you prepare documents and answer questions related to your case so that you can present yourself accurately and confidently during an audit or investigation.

A certified tax attorney will also help guide you through the various stages of an audit or investigation, including examination of records, meetings with auditors, and assessment of penalties if necessary. They will protect your interests throughout the process by communicating on your behalf when possible and providing legal representation if needed.

With their expertise in taxation laws, attorneys can protect your rights while helping you work toward the resolution of any issues identified by the IRS.

Non-Submitted Payment of Taxes Owed 

Paying taxes can be a complicated and confusing process, and it is possible to find yourself unable to pay the total amount due. In such cases, an experienced tax attorney can help identify potential solutions that work best for you.

When resolving tax debt, you need to understand the total amount owed. A qualified attorney can help you review your financial situation and explain how much you should owe based on your records. They will also offer advice on how to make accurate payment estimates going forward and ensure that all of your taxes are properly accounted for and paid on time. Also, they will help explain any applicable legal exemptions or deductions that could reduce what is owed or improve your filing status in certain situations.

When unable to pay the full amount due on taxes, a tax attorney can advise you on various repayment options available from the IRS and other government agencies. They are familiar with installment plans or offers in compromise that can reduce what is owed and even eliminate penalties in some cases. 

Additionally, they will guide you through any negotiation process required for these arrangements so that all necessary documents are completed accurately and submitted in time for consideration by the IRS or other relevant entities.

Contact a local service provider, such as IRS Trouble Solvers, LLC, to learn more.