60 likes | 103 Views
With the help of an IRS lawyer, you can get all of your questions answered. Consider hiring a tax professional each year to get the most out of your tax return. Our tax professionals at Gordon Law Group are available for all of your tax season questions. Give us a call (847) 580-1279<br> <br>
E N D
Some Known Tax Issues for Which an IRS Lawyer is Hired Usually The hiring of an IRS is getting more and more frequent. Each year, millions of American choose this way of resolving their tax related issues. By and large, it always remains a pleasant experience for everyone who hires an IRS Lawyeror an attorney. The Internal Revenue Service itself, don’t have any issues with those who like to keep a professional involved. Just like there are several tax issues involving the IRS, there are also several ways to solve tax issues. An experience IRS lawyer will know the right tax program to carry out to save the individual involved. If you have any tax issue, and you don’t handle it correctly, you are bound to face some high penalties which might lead to financial problems. The right IRS lawyer can help decide the best solution out of any IRS issue. Below are various ways an IRS tax attorney can assist in resolving tax issues.
1. IRS installment agreement • The IRS lawyer helping out in the tax issue case might decide that the best way to solve a particular tax issue and be free from the hands of the internal revenue service is to get into a compromise with the IRS on paying the tax debt. The internal revenue service will consider the offer of payment laid down by the IRS lawyer. If they accept the offer, they will then decide if you should make full payment or pay in installment. The internal revenue service will check the value of your asset, your bank accounts, your living expenses and every of your financial setup before deciding to accept a payment offer. That is why it is important to get the best IRS lawyer to analyze a tax issue carefully before making a payment offer which always involve payment of a non-refundable fee to apply. The option of paying tax debts in the form of easy monthly installments is a great one for those who don’t have enough money to settle entire of their debt at once. On the other hand, delaying and carrying the tax obligations along can turn out to be a dangerous thing.
2. Penalty abatement • This particular solution involves the IRS lawyer involved in the case to help the individual commit in the tax case to be pardoned by the internal revenue service. If the appeal goes well with the internal revenue service, they may decide to waive some of the penalties involve or agree to reduce the penalty entirely if there is a genuine and good reason for defaulting in tax payment. It is left for the IRS lawyer to evaluate the case carefully and ensure that going for a penalty abatement solution will be the best option out that will not be rejected by the internal revenue service. Each year, thousands of the debt troubles taxpayers successfully manage to find a way out by using this option. However, it is not an easy thing to impress and to make the IRS realize that you were in trouble. So, it requires the efforts of a qualified and established attorney. You can find plenty of such lawyers who are working with a greater focus on this area of practice.
3. Tax bankruptcy • This solution is only possible if the individual involved in a bankruptcy case and as such cannot settle tax fee. The GordonLawLTD.Com will help the individual carry out a bankruptcy filing process which will make the internal revenue service consider the person and waiver of certain past-due tax fee. Remember, you as a taxpayer should not consider it as an option. After all, getting declared as a bankrupt is not going to be a very pleasant experience at all.
Contact Us Website: https://www.gordonlawltd.com/ Follow me on twitter: https://twitter.com/gordonlawltd Connect with me on linkedin: https://www.linkedin.com/company/gordon-law-group-ltd- Like on FB: https://www.facebook.com/Gordon-Law-LTD-650804545085804/ Follow me on G+: https://plus.google.com/u/0/111104172223859598738 Address: 400 Central Ave, Suite 340, Northfield , IL 60093 Official Mail: abg@gordonlawltd.com Phone Number: (847) 580-1279 copyright@2017