Why Is It A Paramount To Hire A Lawyer In Tax Debt Cases?

Last updated on August 6th, 2023 at 07:42 am

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There are two types of IRS tax debt cases: Criminal and Civil. Often people who find themselves with IRS tax problems usually have not knowingly tried to evade paying taxes owed.

There are many reasons why a person would end up owing back tax liability to the IRS, and it was never done with malicious intent.

When a person has an unpaid tax obligation, the IRS will likely impose interest and penalties on an outstanding balance.

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Taxation

The longer an individual waits to pay back taxes, the more time the IRS can take to assess these penalties and fees.

This is why you must immediately seek tax relief services from an attorney specializing in back tax and IRS tax debt cases. This post will illuminate how the right attorney can help you with such complications.

Legal Implications Of Back Tax And IRS Tax Debt:

The IRS can go after you for back taxes, even if you have filed your tax return on time and even if you don’t have any money to pay the debt.

You may have to pay interest and penalties on the amount owed. The penalties and interest increase your tax bill and make it more challenging to pay off the debt over time.

You can avoid these charges by resolving any issues with the IRS as soon as possible. Suppose you owe more than $25,000 in taxes and are behind on payments. In that case, the IRS can pursue criminal charges against you for noncompliance with their rules.

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Why Should You Hire A Tax Attorney?

If you face back taxes or IRS tax debt, you need to consider hiring a tax relief attorney to help you with your case. The following is information about why choosing the right one is essential and what they can do for you.

A good tax relief lawyer can help you with various issues that may arise in your case. For example, if there are issues with the statute of limitations, they can help you extend that deadline so that you have more time to resolve your matter.

Another example will be if there are issues with how much money was owed in taxes or other penalties, which could lead to a reduction in your fines or penalties.

Another reason it is crucial to hire a lawyer is that they can advise on how best to proceed with your case when dealing with the IRS or other government agencies.

In addition, they can help put together an effective defense strategy against any charges that may have been brought against you by these agencies as well as other organizations like state or local governments who may have also brought charges against you due to unpaid debts or taxes owed by your business or yourself.

Final Thoughts:

The tax debt attorneys can offer you the help you want in your case. The fact that they specialize in taxes can provide an advantage over lawyers who don’t.

These attorneys are highly regarded throughout the tax industry and can provide their clients with the help they need. You’ll have to contact them directly to learn how they can help you with your particular case.

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Author

  • Opeyemi Quadri

    Ope is a finance writer and researcher with 10+ years of experience in content creation. His interests cut across decentralized finance, investment, foreign exchange, government policies and politics.

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