Tips To Hire The Number One Tax Levy Lawyer In Your Area
If you have a tax levy, you should hire a professional to help you fight it. To help you with this, you may visit www.connecticuttaxattorneys.net/tax-levy-lawyer-stamford-ct/. Tax attorneys have vast knowledge of federal, state, and local tax laws. These experts also keep current with changes in tax laws and regulations. Hiring a tax attorney can help you avoid penalties and get a fresh start. Click here for tips to hire the number one Tax Levy Lawyer in your area.
The IRS has the power to seize your property under a tax levy. The consequences of being seized can be financially devastating. Hiring a tax levy attorney is an excellent way to minimize the damage and prevent the seizure of your assets. An experienced attorney can negotiate with the IRS to reduce or even avoid the tax penalty. A lawyer can also convince the IRS that non-compliance is the cause for the levy.
A tax levy is when the IRS seizes property to pay back a debt. In some cases, it will go as far as freezing your bank account for 21 days. A tax lawyer will be able to work with the IRS to get the levy removed or negotiate an installment plan with you. Your attorney can also negotiate with the IRS to get the levy released from your assets so that you can sell them.
While you may be comfortable representing yourself in an installment agreement or a simpler audit, you may need the assistance of a tax attorney for more complicated and difficult cases. An attorney can file a legal appeal with the IRS on your behalf, and they can also file formal motions in the U.S. Tax Court if necessary. A tax attorney can handle all the paperwork for you and minimize your stress and get results sooner. A tax attorney’s experience and expertise will determine which professional you hire.
If you do not have the funds to hire a tax attorney, there are ways to make the costs affordable. Many tax attorneys offer payment plans and other ways to make hiring them more affordable. Just be sure to ask what kind of payment options they have to offer. The costs of hiring a tax attorney vary greatly depending on the complexity of your case and the level of expertise they have in your particular area. It is worth checking whether your tax attorney charges hourly or by the case.
An attorney with extensive experience can help you fight the IRS, particularly if you have a levy on your assets. An experienced tax attorney can help you argue for legitimate deductions and overturn penalties like the trust fund recovery penalty. He can also negotiate lower settlements to avoid jail time or larger repayment plans. You should also look for an attorney who is experienced in handling these cases, as they have fought numerous cases and have won them on behalf of many businesses and individuals.
The IRS has immense power to collect tax debts. If you owe the government, you may be subject to a levy or wage garnishment. A levy is a legal process that can prevent you from buying or selling property. A tax attorney will help you resolve your tax issue by ensuring that you release the federal levy and evaluate the seizure provisions of the state.