Can a Tax Attorney Negotiate with the IRS?

If you’re asking whether these professional lawyers can do negotiations with the Internal Revenue Service, the answer is a definite YES. Receiving a letter that you owe back taxes doesn’t always mean that you have to hire a lawyer right then and there. In most cases, if the amount is small, you can settle it along with the penalties, and you’re good to go. However, if you’re being faced with litigation, wage garnishment, or seizure of property, then it might be a different situation. You can see more info about litigation on this webpage.

A firm that specializes in tax relief can be your best option in starting negotiations with the IRS. A helpful advice is that you should never face the most brutal collection agency on the planet because you might be sorry that you did. Fortunately, you don’t have to be alone in facing these situations. You can get help from tax attorneys who can wield their expertise to tackle IRS negotiations head-on and discuss why hiring one might just be your secret weapon for dealing with Uncle Sam’s tax demands. Here’s some information to know about them.

What Can the Lawyers Do For You?

They can guide your hand in navigating the complex maze of taxes, and they can provide you with invaluable representation and guidance. Fortunately, you can count on a tax attorney in Atlanta, Georgia to help you take the best course of action for your situation. The thing is that they have an in-depth understanding of the current rules and regulations in your area. This knowledge allows them to advise you on how to navigate the intricacies of the Internal Revenue Code effectively.

Resolve any disputes and conflicts that you have with the tax man, especially if you owe back taxes. They are going to work tirelessly on your behalf so they can protect your rights. You can count on them to have extensive experience in understanding the entire process from the inside out.

You can also start to prepare the right paperwork and file the correct amount of taxes for compliance. They will ensure accuracy by checking your business transactions and provide you with a more comprehensive service that’s tailored to your current situation. Overall, they are going to be an advocate in minimizing liabilities during an audit, and you can also get more favorable outcomes when it comes to cases.

Why Hire the Professionals?

Settle Any Outstanding Debts that You May Have

These are the ones who are aware of the programs that may be currently running in Georgia, and they include settlement programs. The goal is to significantly decrease your overall debt and the terms are going to be simplified. As a result, you can also find yourself making shorter payment lengths, and you may even become eligible for an Offer in Compromise that you can find out more about at this link:

Partially settling your liabilities can prevent it from ballooning out because of the interest. You can also explore other matters like bankruptcies, the statute of limitations, or Innocent Spouse Relief that can wipe everything out completely.

Safeguard your Assets

You shouldn’t lose your property or get your bank accounts frozen while you’re facing these back taxes. Levies are commonly going to prevent you from withdrawing your funds, and a chunk of your income can be garnished if you’re not careful. It can be harder to support your family in Georgia when most of your income is automatically paid to the government before it’s deposited into your account.

When the IRS gives you ample opportunity and notice to settle everything, you can always consult a professional to know which course of action is going to work best for you. Hiring a tax resolution attorney can definitely do you a lot of good.

Decrease the Interest Rates

After the negotiations, you still find that you still owe a significant amount to the IRS. If this is the case, you can work with the experts to plan on how to settle the unexpected amounts. They are going to do their best to reduce the interest rates and penalties to make everything more affordable for you.

Protect your Score

Although back taxes are not often reported to the credit bureaus, know that if you still fail to pay, there will be a Federal Tax Lien that can be a public record. You can expect this to have an impact on your credit report, and when you enter into a payment agreement, the lawyers can help you avoid this situation altogether.

Have Peace of Mind

Uncertainties are common, and you may be anxious with the processes. Dealing with the bureaus can also be scary, confusing, and stressful, but fortunately, there’s a support system that’s on your side. You don’t have to go through this difficult situation alone, and you can get help from someone who understands what you’re facing. They can also arrange your affairs, settle this problem, and help you get on with your life. 

You should never carry this tax burden in a stressful way. Instead, the lawyers are only a call away, and they are going to evaluate your situation and do thorough consultations with you. They can provide you with obligation-free advice as well.

Alternatives to Negotiating with the IRS

You may also look for loopholes that can help you in this complex and lengthy process. If you’re unsure whether you need legal advice at this point, and you’re not ready to go down this path, some of the things that you can do are the following:

Initiate an installment agreement that allows you to pay your tax debt in monthly installments over time. This can help ease the financial burden and give you more flexibility in managing your payments.

Another alternative is an offer in compromise, which involves settling your tax debt for less than the full amount owed. However this option requires demonstrating that paying everything would cause significant financial hardship, and there will be a lot of paperwork involved.

If you believe there has been an error on your tax return or assessment, filing an appeal could be another avenue worth exploring. This process involves presenting evidence and arguments supporting your position before a designated appeals officer.

In some cases, bankruptcy might also be considered as a last resort. While it does not eliminate all tax debts, it may provide relief by discharging certain types of taxes under specific circumstances.


Leave a Reply

Your email address will not be published. Required fields are marked *