What is a Tax Debt Attorney? A tax debt attorney is an expert in the legal matters that concern tax debts and will be of help to whoever owes tax by helping him or her come up with the best way of clearing the debt. Are you challenged to service tax obligation owed to the government? Are you dealing with wage garnishment, bank levies or any other kinds of collection procedures? If so, you’re not alone. There are millions of filers in the United States alone who have unpaid taxes, penalties and interest for the government. However, there is hope.
What is a Tax Debt Attorney?
A tax debt attorney is a lawyer with a license to practice law in that state who has in-depth knowledge in and deals with tax law as a lawyer to individuals and companies in issues to do with indebtedness to the government in tax. These attorneys know lots of laws, rules, and regulations concerning tax, and they also know how to negotiate with the authorities in order to pay the due amount of tax.
When Do You Hire a Tax Debt Attorney?
You may need a tax debt attorney if you’re facing any of the following situations:
Unpaid taxes: You owe the government of taxes that you failed to pay in the previous years and other penalties and interest charges.
Tax audits: You are one of the lucky recipients of an IRS audit notification, and you have little or no idea on how to go about it.
Tax liens: The government has placed a levy against your home or your business or any other property which belongs to you.
Wage garnishment: Federal, state or local government has a right to deduct your wage in order to recover the owed taxes.
Bank levies: The government is garnishing your bank accounts in order to recover owe taxes.
Tax court: You are going to the tax court and therefore you will need a lawyer.
What a Tax Debt Attorney Might Do for You
A tax debt attorney can provide a range of services to help you resolve your tax debt, including:
- Tax debt analysis: A brief look at the tax recovery plan and important steps to take when trying to solve tax issues.
- Communication with the government: It relates to negotiation on your behalf in your dealings with the government, or the Internal Revenue Service, for example, or any state tax agencies.
- Tax resolution options: Discussing the possibilities of utilizing current tax resolution services: installment agreement, offer in compromise, and currently not collectible.
- Tax audit representation: Helping you in exercising your rights during an audit and representing your interests during an audit.
- Tax litigation: To aid you in your defense against tax-related cases, or even in litigations that may be necessary to undertake in tax court.
- Tax planning: More important, it will still offer directions on proper way of tax planning if you do not want to encounter future tax debt.
Advantages of hiring a Tax Attorney
Hiring a tax debt attorney can provide numerous benefits, including:
- Expert knowledge: Tax debt attorneys are also aware of the provisions of the law on taxes, rules, and processes.
- Experience negotiating with the government: Tax debt attorneys have knowledge on how to negotiate with the government in case of tax debt.
- Representation: Tax debt attorneys help respond to government communications and address cases in the tax court where necessary.
- Peace of mind: Employing a tax debt attorney may give surety since there remains a professional dealing with your tax obligation.
- Cost savings: Sometimes, it will also be to your advantage to hire a tax debt attorney because of the possibility of your being able to pay lesser on your tax debt.
The procedure of identifying a tax debt attorney.
You always need to ensure that you spend your time searching for the right tax debt attorney so that you can be offered the right services. Here are some steps you can take to find a tax debt attorney:
1. Ask for Referrals
Friends and Family: People should consult their friends and relatives to tell them if they know any talented tax debt attorney.
Colleagues: Please request your friends in the workplace if they know about the tax debt attorneys.
Accountants and Financial Advisors: Consult accountants and financial advisors as they know the attorneys that deal with tax debts.
2. Check Online Directories
American Bar Association (ABA): It is possible to find information on ABA website about the list of attorneys, including tax debt attorneys.
National Association of Tax Professionals (NATP): The NATP website includes an attorney’s directory where people can find those specializing in tax debts.
Avvo: Avvo is an online listing of lawyers that includes tax debt lawyers. You can contact us here.
Martindale-Hubbell: Martindale-Hubbell is a listing of lawyers, including tax debt lawyers.
3. Check Credentials
License to Practice Law: Ensure that the attorney being hired is a holder of a practicing license in your state.
Experience in Tax Law: When searching for an attorney to represent you in your tax dispute case, consider those with an understanding of tax law especially those dealing with tax debt.
Certifications: Seek out those attorneys that have certifications CTRS or EA; Certified Tax Resolution Specialist and the Enrolled Agent.
Conclusion
In case you are having troubles with your tax liabilities, do not wait to hire tax debt attorney. Such a workers’ compensation attorney can assist you to guide and represent you in a legal way towards paying off your tax debt and improving your financial situation. The following are the benefits of hiring the services of the tax debt attorney, you will have breathe knowing that you have an expert in handling your case, you will pay less amount of tax than hiring an ordinary lawyer and you will not pay high penalties and accumulated interest fees. Always bear in mind that there is always a way to solve problems relating to taxes, so you have to stop relying on it.
