Are You Looking For A Beverly Hills Tax Attorney?
Tax debt should not be ignored. It is better to actively seek help. Looking for online help from a Beverly Hills Tax Attorney is a good start, but there are other options available. A lawyer is not always required when negotiating with the IRS. A professional tax company, with its IRS Tax Practitioners, CPAs, and Enrolled Agents, can offer comparable quality service, perhaps at an even more affordable rate. For tax issues involving tax liens or tax levies on property or assets, call a tax expert or a Beverly Hills Tax Lawyer to begin on the path to debt relief. They’ll be able to help you find the resolution that you deserve.
Our tax professionals or a Beverly Hills tax attorney can find the right repayment solution for each taxpayer after reviewing their information. Each individual must give all their financial documentation to a qualified tax debt analyst for a thorough examination. This will aid them in choosing from the various settlement options available to the taxpayer. For instance, depending on their financial circumstances, some people can opt for an Installment Agreement. This allows them to pay off the complete balance with monthly payments over a span of 60 months. There is more than one type of Installment Agreement that a knowledgeable case processor or Beverly Hills tax lawyer can discuss with the client.
Another debt relief option that an individual may be qualified for is the Offer-In-Compromise. In this scenario, a taxpayer makes an offer to the IRS of a significant percentage of their total tax debt. The agency can then calculate whether or not it will be able to recover more of the debt via a different plan or source. If the offer is accepted, the lump sum(s) will clear the individual of their tax debt. The IRS has to be convinced that receiving the offer is in their best interest. For this reason, it is quite important to have a skilled debt negotiator or Beverly Hills Tax Attorney working with the taxpayer to convince the agency on their behalf.
There is also a status called Currently-Non-Collectible that some people may be eligible for if they cannot make payments due to financial hardship. This is the case if it is seen that their expenses are not covered by their income. If this status is granted, the individual is released from their debt until they are able to make payments or until it is no longer legally possible to collect on the debt. These options and more are available to both a Beverly Hills tax lawyer and a professional tax company. Some have found that a tax company has more resources available, though.
Not making payments on back taxes results in fees that can inflate the balance to up to 25% of the original amount owed. Contacting a Beverly Hills tax attorney or tax debt analyst should be considered at this point to ensure that the fees are appropriate. There are also ways to file for abatement of those penalties if it is found that the IRS is in error. A qualified tax professional should be contacted to verify if this is true for the given situation.
We are not a Beverly Hills tax lawyer or a law firm; instead, we employ CPAs, Enrolled Agents, and Tax Practitioners. We follow the guidelines put in place by the IRS to find you tax debt relief. We don’t even have to be in your city. We have aided many across the United States to find tax relief and we can put that experience to work for you. An attorney is not always necessary. We can help you decide whether you need to be represented by one. We cannot advise on legal rights or issues, though. Only a lawyer is able to do that.
There is still time to clear your debt balance with the IRS. Ignoring it will only create more problems. Instead, find a professional tax company that is willing to work with you to understand and conquer your tax debt. We are also available to answer tax-related questions. For a free consultation, call today!