Taxpayers who are having trouble paying their back taxes should hire Paducah IRS tax lawyers in Kentucky. A tax lawyer can help you negotiate the terms of an offer in compromise, which is a settlement plan that allows taxpayers to settle their debt for less than the total amount owed. An IRS tax lawyer can also determine whether you qualify for penalty relief and eliminate the extra fees you have to pay. If you are facing criminal charges, a tax attorney can also help you fight your case in court.
The role of a tax lawyer is varied, but they usually focus on tax disputes. Tax attorneys can help both small and large businesses, as well as individuals. They handle all end-to-end steps of an audit and make sure that the client is protected. Some common tax problems that tax attorneys can help with include audit reconsideration, Offer in Compromise, installment agreements, stopping levies, penalty abatement, and more.
During a free consultation, most tax lawyers offer a free initial consultation. This initial meeting allows the client to gauge whether the lawyer is the best choice for them. During the consultation, the client tells the attorney about the tax issues that they face, and the lawyer outlines all the services they can provide. For more information, see IRS tax lawyers’ websites. When choosing a tax attorney, be sure to ask about the firm’s experience, whether it has handled similar cases, and what their potential plan of action is.
Another common issue for taxpayers is being harassed by the IRS. A tax attorney can show the government that you have a financial hardship that makes it impossible to pay your tax debt. This may result in the IRS placing your account into a Currently Not Collectible status. If your attorney can show the IRS that you are suffering from a financial hardship, they might agree to hold collections until you make your payment. If they don’t agree, however, your statute of limitations has already passed.
The benefits of hiring a tax attorney are many. You can meet with them over the phone or by email and answer questions over the phone. You can even video chat with your tax lawyer and ask questions directly. Another benefit is that you can send supporting documents electronically, and your original documents can be sent by mail. The IRS is a grueling organization and hiring a qualified IRS tax lawyer is worth the money.
You should contact an IRS tax lawyer to determine if you have a valid reason for noncompliance. Penalties can be a large portion of your total tax debt. An IRS tax attorney will evaluate your situation and find the next best solution for you to return to compliance. If you have made mistakes with your taxes, hiring a tax attorney is a smart decision. You should be able to trust a qualified IRS tax attorney with your finances.