Common Issues An IRS Tax Attorney Can Help You With

Sometimes, tax problems can feel like they're insurmountable. You might feel like you're in over your head and you might not know where to turn next. That's where an IRS tax attorney comes in. They can help you sort out your tax issues and get you back on track.

Here are a few common tax issues an IRS tax attorney can help you with.

Tax Debt

Tax debt might not seem like a big deal, but it can quickly spiral out of control. You could owe back taxes if you haven't filed your taxes in a few years or if you underpaid your taxes. This can be quite a huge mountain to climb on your own, especially if you don't understand tax law. An IRS tax attorney can help you understand your tax debt and work out a payment plan that works for you.

If you're struggling to pay your tax debt, an IRS tax attorney can help you negotiate a payment plan with the IRS. This plan should be based on your ability to pay the debt on reasonable terms.

The attorney can also help you reduce your tax debt if you qualify for certain programs. For example, an offer in compromise program allows you to settle your tax debt for less than what you owe. You might also be able to get a temporary delay of payment if you can't pay your tax debt right away.

IRS tax attorneys can also help if you're facing wage garnishment or bank levies. These are harsh collection actions that the IRS uses to collect a tax debt. An attorney can help you stop these collections actions and get you back on track.

So if you're struggling to pay your tax debt, don't wait to get help. The sooner you contact an attorney, the sooner they can start helping you resolve your tax issues.

Tax Audits

An audit is when the IRS reviews your tax return to make sure you're reporting your income and deductions accurately. If the IRS suspects that you've made a mistake on your tax return, they could initiate an audit. This process can be stressful and time-consuming, especially if you don't have all the documentation to support your tax return.

If you're being audited, it's important to have an attorney on your side. The attorney can represent you during the audit and ensure you comply with all of the IRS's requests. They can also help you understand the audit process and what you can expect.

The tax attorney can also help you prepare for an audit by gathering all the necessary documentation. This includes things like tax records, receipts, and bank statements. Having all this documentation will make the audit process go much smoother.

If the IRS decides you owe additional taxes after the audit, an attorney can also help you appeal the audit if you think the IRS made a mistake. They will help you understand your rights and options and then guide you through the appeals process.

To learn more, contact a tax attorney in your area.