As you awoke from your bed this morning, you probably didn’t think you’d be looking for a good tax relief lawyer. However, one of the most typical reasons for seeking an attorney to help with tax issues is receiving a notice from the IRS to collect back taxes or receiving an audit. The audit may be the consequence of one or more of your tax returns from the past. Nevertheless, you should seek the counsel of an experienced IRS tax relief lawyer.
Tax relief attorneys communicate to the IRS for you. They can help you by attending your audit and also help in negotiating settlements if needed. If you’re a taxpayer who hasn’t responded to notices and correspondence from IRS, they may be threatening you with criminal charges for tax evasion. When you realize the IRS is investigating you, you must engage or consult the tax expert or lawyer.
Your lawyer will assure the IRS that you are taking the matter seriously. They will also work with the IRS to ensure the audit is conducted smoothly and will assist you in lowering the taxes you owe to a reasonable number.
An “Offer in Compromise” (OIC) can be described as a kind of contract between the IRS with the payer to resolve tax obligations in a lesser amount than the amount due. To be eligible for the OIC, the taxpayer and their attorney must demonstrate that to IRS that:
To be eligible to receive the OIC, you and your tax relief attorney are required to apply for the OIC program and cover the fee if it applies to your particular situation.
Tax fraud and tax evasion are both crimes the IRS can charge citizens who fail to file a tax return or refuse to disclose all sources of income. The charges can result in penalties, interest on the tax owed, as well as imprisonment. If you discover that you have IRS officials summoned to your office or home, the time is now for you to retain an IRS tax lawyer.
Do not attempt to tackle this investigation or charges by yourself. You may not realize it, but talking to the IRS may further incriminate you, which is another reason you should consult a tax professional in any interaction with the IRS. Additionally, IRS tax relief lawyers know the laws that apply to your particular tax matter and present your case most appropriate to your circumstances. Furthermore, IRS tax relief attorneys ensure you get the most favorable outcome if you’ve been recently investigated by the IRS or owe significant back taxes that you cannot afford to pay.