Tax Relief Attorneys
We will be discussing tax relief attorneys in this post. The most experienced tax lawyers know that the IRS can take your clients’ bank accounts, garnish your salary, and then sell your possessions. The tax lawyers of The Strom Law Firm will intervene on your behalf and put your tax problems and IRS debts on hold while we examine your situation to determine the most efficient method to solve your tax issues.
Tax Relief Lawyers We represent people and small-sized businesses that: They haven’t filed their tax returns. You are in the middle of an IRS tax audit by the IRS. The IRS is confiscating assets and are being investigated as criminals are innocent spouses of someone who is in legal trouble. IRS You have received an IRS levy notice We will focus on your tax problems and will work to: Stop the garnishment of your wages Stop a bank levy and the foreclosure process remove any tax lien remove interest and penalty charges. When criminal charges are filed, We can help.
Criminal tax fraud defense
Since we are discussing tax relief attorneys. Based on the circumstances of your circumstance, there could be several ways to seek debt relief. We’ll work to pay off your tax debts with the IRS or the South Carolina Department of Revenue at a fraction of what you have to pay.
Structuring Repayment through the IRS
Non-collectible status: If you do not have the additional money to repay tax debts and require your full paycheck to pay all of your living expenses, you could be qualified to see your loan as non-collectible.
If you’re eligible for non-collectible status If you are eligible, the IRS will stop paying your taxes for a certain period, allowing you to recover and support your family.
Installment agreements:
If you want to negotiate an agreement for installments, you have to submit IRS financial reports and other financial records that verify your financial standing and your ability or not being able to make payments. The amount of the tax repayment and the time frame you pay will be contingent on the amount you owe to the IRS.
IRS Debt Reduction Aid
The IRS isn’t going to wish to inform you that as a taxpayer, you could be able to pay your tax bill by paying less than you are owed. We can assist you in determining whether you are qualified to: An offer that is a compromise an IRS penalty reduction abatement of penalty a tax lien or tax levy release
DO NOT talk with SC Department of Revenue Investigators
Our clients frequently inform us that they talk to investigators because they believe they don’t have anything to conceal. If an investigation team approaches you, you should contact an attorney who can defend you against criminal charges to discuss how to move forward. Don’t believe you are allowed to speak to the police. While your intentions might be admirable, your words could be twisted and result in being arrested and additional charges.
Tax Relief Options
Finding ways to get tax relief can create anxiety in your daily life. If you don’t take action to tackle your tax issues, they get worse. Tax debt could cause you to be subject to the levy, garnishment, or the possibility of liens as your debt grows by accruing interest and penalties.
Our expert tax lawyers can assist clients with their IRS tax issues at the Strom Law Firm. You might be able to be eligible for the IRS Tax Relief program. Our tax lawyers can offer the following options to help you resolve tax-related issues:
Offer in Compromise
Since we are discussing tax relief attorneys. The IRS is not going to want to let you know that as a taxpayer, you could be able to pay off your tax debt in a lesser amount than what is due. A compromise offer is a contract that you sign with the IRS. It helps taxpayers settle their legal obligation to pay the amount owed by the federal government. Tax lawyers from Strom Law Firm can help determine if you are qualified for the offer to compromise. We’ll work to offer an offer of compromise that is only a small portion of the amount you are owed.
The IRS allows the following kinds of offers in compromise:
Doubt regarding responsibility – When the person who owes the tax can show that there is doubt regarding the tax amount the IRS declares you owe.
Doubt about collectability If the debtor can prove that it is unlikely that the tax due ever is fully paid.
Effective Tax Administration, The debtor, is not arguing that he or she is owed the amount or claims that the debtor is unable to pay the debt; instead, this kind of compromise offer is built on the principle of public policy that it could cause economic hardship or is unfair. This kind of exemption is generally utilized when a person is suffering from a disability, a long chronic illness, or when the satisfaction of the debt via the confiscation of property will make it impossible for the taxpayer to afford necessary living expenses.
Penalty Abatement
If you are in debt to the IRS, you may be required to pay penalties and interest on the amount due. Penalties can be overwhelming and transform a previously manageable debt into an overwhelming one. Penalty Abatement is a policy developed by the IRS that allows taxpayers to get their tax penalties reduced or eliminated. To be eligible, you need to have a valid reason and demonstrate why you didn’t submit an income tax return or settle the tax that you owed. If you’re an innocent spouse, took advice from an accountant, had medical issues, or you can demonstrate an adequate justification, you could be eligible for a penalty reduction.
Wage Garnishment Bank Levy and Lien Releases
The IRS is a formidable power source and may seize your assets, including your salary and any money you keep in your account. If you cannot meet your essential living expenses, like your rent or mortgage or the cost of your car, we can help get the tax levy or tax lien lifted.
Unfiled Returns
If you’ve earned income that you have earned, you need to complete your income tax returns to the Internal Revenue Service. Many people don’t submit income tax returns due to different reasons. Our tax experts can assist you in solving the issue of tax returns not being filed.
The IRS keeps all forms, W2s 1099s, W2s, and 1098s, that are filed for the benefit of individuals for six years. Our company can assist in preparing any tax returns not yet filed by accessing data from your documents from the previous year and examining the bank’s and various financial records. Taxpayers need to submit tax returns to keep interested from accruing.
IRS Audit Representation
Our tax lawyers can represent you in an IRS audit. The IRS may audit you for any year and find out that you owe more than the amount you originally paid for. If the IRS examines you and discovers issues, it will likely be auditing you for another two years.
IRS audits can be complex and time-consuming. Tax lawyers from our firm can help in the process of reviewing all your documents and assisting you in defending yourself before the IRS to ensure you are treated with respect. We will try our best to achieve a positive outcome for you. If the IRS finds that you owe more, we will be able to represent you throughout this process and negotiate a resolution of the tax debt.
Payroll Tax
If you run (or previously owned) a business that employs staff, you are liable for the payroll tax (Form 941, also called Employer Withholding Tax) to the government. It is crucial to make these payments and try to settle any outstanding problems as soon as you can. In the event of not paying these taxes, it can result in penalties and accrued interest. If taxes remain unpaid and you do not pay them, the IRS could seize your company’s properties and demand it close. Even if your company is shut down, the IRS will still pursue you for personal tax payments. This could cause financial issues for you and your family.
The IRS is adamantly pursuing enforcement of the law on payroll taxes. Contact our tax attorneys now if you’ve failed to pay these taxes. Tax lawyers will assist you in getting back on the right track and resolve your tax problems immediately. We will be discussing more about tax relief attorneys in this article
Instances on non-collectible status
Suppose you don’t have the additional income to pay off your tax debt and use your entire salary to pay for all your essential living expenses. In that case, you could be qualified to be classified as debt on non-collectible status.
If you are eligible for non-collectible status, In this case, the IRS will stop your payments for a time, allowing you to recover and help your family.
Installment Agreements
An installment agreement permits you, the taxpayer, to sign an agreement with IRS to make a series of smaller, less manageable payments toward your tax obligations.
The amount of your installment and the length of time you can make payments will be contingent on the amount you owe to the IRS. To negotiate an agreement for installments, you have to supply an IRS with financial statements and other documents that prove your financial situation, capacity, and inability.
Don’t put off paying the penalties and interest you are liable to the IRS keep rising. Get in touch with the IRS tax resolution lawyer through The Strom Law Firm, LLC now for a no-cost consultation on ways we can assist you in getting rid of your IRS debt to the side.
Remember: Filing the income tax returns through IRS. IRS will not be the same when you file one through the South Carolina Department of Revenue. South Carolina Department of Revenue. There are two distinct procedures and require a separate step.