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Tax Law/Services

What Can an IRS Tax Attorney Do For You?

The IRS Tax Attorney is an expert in tax law. Taxpayers should know that any qualified attorney can represent them in state and/or federal tax matters. The tax burdens can be eliminated by using the services of a tax lawyer, while maintaining the right to take legal action against the IRS. The services of an attorney are needed when the IRS demands compensation for tax losses, or when the taxpayer is facing tax penalties. A lawyer’s tax experience will come to the rescue of your specific tax issue and will help in minimizing your tax debt.

 

For taxpayers who are preparing their yearly tax returns, the attorney can help in preparing all the information submitted for filing the return and can represent the client before the IRS during the process. The tax attorney can also help in getting back deductions claimed due to qualifying personal allowance and depreciation amounts. He can also help in getting the right refund claim. He can advise on penalty abatement, or in cases where the client can obtain a refund based on the amount he paid for tax defense. Some attorneys can negotiate with the IRS for the release of taxable income, interest, penalties and interests.

 

If you have received a notice of audit from the IRS, then your attorney may request postponement of the audit hearing. Attorneys can work out payment plans that will enable you to pay the full amounts due without affecting your regular monthly or annual income. This will allow you to avoid garnishments, late fees, penalty assessments, and excessive interest. The tax representative can help in creating a payment plan that is acceptable to the IRS.

 

Taxpayers who cannot afford to pay the full amount due may ask the attorney to formulate a payment plan which takes into account the current financial situation of the taxpayer. In such cases, the taxpayers may request installment payments from the IRS in exchange for complete relief from IRS penalties and interest. In this way, the taxpayer can avoid the penalties and interest and continue to meet his financial obligations. For tax professionals, this is one of the most effective methods to deal with delinquent taxes. An in house expert may not be able to explore all the options available to the client.

 

In some cases, the tax attorney may petition to levy the unpaid taxes. In order to do so, he will have to present evidence that the taxpayer is in default of the tax debt. Evidence that the taxpayer has not paid dues within a reasonable period of time will suffice to have a levy placed on your tax debt. A levy may be court ordered by a judge or the IRS Tax Attorney may request a federal court levy through the IRS Tax Attorney. The IRS Tax Attorney will work with the IRS to recover the tax debt.

 

The IRS Tax Attorney is not responsible for assessing penalty and interest. The IRS will make these determinations. A penalty assessment is based on the person’s payroll amount and net income and the amount of penalty and interests charged. Interest and penalties must be paid when you receive your IRS notice of levy. The lawyer will try to negotiate an arrangement with you to get you relief from these penalties.