Your Tax Problems
Explore What a Tax Attorney can do for You
You don’t have to be alone, out there in unknown territory, when you are dealing with the IRS. A tax attorney, enrolled agent or CPA can help you to navigate those rough waters, and get you to shore safe and sound. A tax attorney specializes in the law relating to taxes. They have the expertise that the average person doesn’t have. They also aren’t intimidated when it comes to dealing with the IRS. You will need a criminal tax attorney for criminal IRS tax matters, however, for normal civil tax problems, an experienced enrolled agent would be a better fit.
Results will Vary
Even though they are well versed in the law, there is a limit to what a tax attorney can do for you. Don’t expect them to work miracles. However, if you are honest with them about your situation they can help you to evaluate the options. What is offered to you will depend on how much money you owe, your assets and income, and any circumstances in your life that would deem it impossible for you to pay your tax liability at that point in time.
Complex Jargon Turned into Plan English
If you have ever tried to read some of the tax laws, it is like they are written in a foreign language. You can read paragraphs but not fully understand any of it. A tax attorney or an enrolled agent though can take that complex jargon and make sense of it. They can also turn it into plan English so that you can understand it.
To go a step further, a good tax attorney or an enrolled agent is able to apply that tax law information to your own situation. Then they can help you to move forward in a manner that will appease the IRS and that also helps your financial future as well.
Read the Offer Completely before Signing Documents
After you have agreed to a given option through your tax attorney or an enrolled agent, take the time to carefully read over the offer or settlement. You need to fully understand it before you sign any of the documents. If you have questions, make sure you ask and get an explanation that is acceptable to you. Never sign on the dotted line until you are fully ready to commit to those terms and conditions.
A tax attorney or an enrolled agent may get you a lower amount of money due to the IRS in many instances as they go through your disposable income and reasonable collection potential. They may also eliminate a great deal of penalties that may have been assessed based reasonable cause as applicable to your particular hardship. However, if you default on the agreement you sign, then they may not be able to do anything more for you. The IRS could come back and demand the original amount that you owed them.
Avoid Scams
Take your time to find a reputable tax attorney or an enrolled agent. While there are plenty of them out there willing to help you with your tax dilemma, not all of them are. Some of them prey upon innocent people that feel desperate to get help with their taxes. They aren’t going to do anything but take your money. They charge ridiculous fees for their service and you still end up with your tax problem unresolved. See our popular beware report by clicking HERE.
Yet in the end they don’t end up being able to help you. Then you have not only lost that money, but you still owe the IRS. Take the time to do your homework before you hire any tax attorney. You need to make sure to speak with the power of attorney directly, they are licensed, they have the specialized experience and have a great rating with the better business bureau, and they have the skill set to assist you with successfully settling your debt with the IRS.
Taking on the IRS
There are times when people don’t want to settle with the IRS. They feel that they are right and that the tax liability assessed against them isn’t accurate. In such a scenario, you will want to have a good tax attorney or an enrolled agent that is willing to take on the IRS and appeal for the taxpayer. Keep in mind that this can be a long and drawn out process.
It may also be more expensive than if you offer a type of settlement offer with the IRS. Many people feel that you can’t take on the IRS and win, but there are times when people do it. If you feel that the IRS is in the wrong, it may be your best course of action to get a great attorney or enrolled agent behind you to fight them.
Mike Habib, EA is an IRS licensed Enrolled Agent and focuses his tax practice on tax controversy and appeal matters; he would be your power of attorney and represent you before all administrative levels of the IRS. Mike has the tax relief experience and specialized skill set to assist you. You can reach him directly at 877-788-2937.