Los Angeles Tax Lawyer

1. Los Angeles Tax Lawyer - The Right Man for the Job The California Franchise Tax Board negotiation is a messy business; that is why you have to pick the right man for the job a Los Angeles tax lawyer. If you’ve accrued a tax debt and you can’t pay, the issue won’t go away by itself. No, you’ll find yourself in a real pickle if you do what you need to do to pay back the state of California the taxes you have due. In fact, you’ll probably break out into a cold sweat when you realize there’s the potential for levies and liens in your not so bright, debt-filled future. You can also count out the tax refund you’ve been counting on for the entire year – the one that was supposed to fund your car payments for a few months in advance? That will be seized too if you don’t take this job seriously and get busy negotiating with the Franchise Tax Board. When you are thinking about applying for an Offer in Compromise or an Installment Agreement, you’ll need evidence of your financial position. You’re going to have to prove your case, and the Franchise Tax Board is incredibly strict when it comes to their negotiable payment options. It’s even possible if you can prove you are in a financial crisis, to apply for financial hardship where you can get your tax burden reduced dramatically. But don’t expect too much success without the help from a Los Angeles Tax Lawyer to understand the board’s expectations, regulations, guidelines, and strict rules. What is involved in negotiations with the Franchise Tax Board in California? When you’ve got a lot of tax debt, and you can’t pay when it’s due, you better start making plans to deal with the situation. You’ll be facing wage garnishments, refund seizures and a whole lot of hassle if you don’t. But you don’t want just to walk into the negotiations without knowing your legal rights. To become empowered with the legal knowledge you need, you’ll have to talk with a Los Angeles tax lawyer. When you have taxes due, you have only a few options before you: • • • • • • • • With a single phone call, you can get the ball rolling and discover what options you have. You can find out in minutes if you are eligible for an installment plan where you repay your taxes over the course of time or if you can qualify for an Offer in Compromise. If you are eligible, you might be able to pay a reduced amount for your taxes. It is better to go thru the process with a lawyer. Every case is different from another. A Los Angeles Tax Lawyer can help you successfully avoid the bad sides of tax repayment negotiations. With the right legal help, you can find out how to avoid tax liens, levies, wage garnishments, bank levies, and monstrous interest rates. But you can’t avoid paying taxes and the penalties for not paying are worse than the tax amount you have to pay. If you start negotiations with no kind of legal guidance it is a pure trouble, so keep in mind the legal guidance gives you at least a chance in the fight with California Franchise Tax Board. Get legal help immediately so you can avoid a rejection of your negotiations application. Approaching the Franchise Tax Board Negotiations process ready with a Los Angeles tax lawyer is one of the smartest decisions you’ll make. Take out a personal loan to pay off your debt. Use your personal resources to pay off your tax debt. Borrow from family or friends to pay your taxes off Borrow from your 401K, if you have one Apply for an installment agreement Prove there’s an error and you owe nothing Fill out the paperwork to request an Offer in Compromise Establish the debt is “Currently Not Collectible” by proving financial hardship Referrel Link : https://www.taxlawlosangeles.com/ Phone number: 818-584-2175 Address: 15303 Ventura Blvd, #900 Sherman Oaks, CA 91403