Signs You Need a Tax Attorney

 

If you have trouble negotiating with the IRS, it may be time to hire a tax attorney. According to the IRS, half of the American taxpayers give the taxman a negative rating. Hiring a tax attorney can save you time and money and protect you from the IRS tax man. A tax attorney can be intimidating, so hiring one will be wise. But how can you tell if you need one?

A tax attorney can help you pay back your tax debt.

There are many reasons why you might owe back taxes and might have tax issues Washington, DC. For example, you may have filed your taxes late, received a tax refund, or underpaid them. Whatever the reason, you will be sent a bill from the IRS for the total amount you owe. The IRS understands that paying a tax bill in full can be difficult for many people. If this is the case, you should consider hiring a tax attorney to file your taxes for you.

The IRS has several options for tax relief. One of these options is an offer in compromise, which lets you settle back taxes for less than you owe. You may want to consider this option if you’ve run into financial hardship or simply can’t pay your tax debt. However, getting an offer in compromise approved as a payment plan is not as easy. Less than half of offers in compromise requests are approved. Because of these limitations, you should consider other alternatives first.

A tax attorney can negotiate a repayment plan with the IRS.

The IRS offers several different ways to settle outstanding debts. A partial payment installment agreement is one way to settle tax debts. This arrangement allows taxpayers to settle their debts for a smaller amount than they owe. It is important to note that an Offer in Compromise is not a repayment plan you can sign without hiring a tax attorney. It is simply a way to settle your tax debt for less than you owe and can be used only by taxpayers who can’t afford to pay the full amount.

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The IRS has made changes to help people affected by the Covid-19 pandemic. The short-term payment plan has been increased from 120 to 180 days. This plan may be the right choice if you can pay your taxes in 180 days. However, there are circumstances when hiring an attorney to negotiate with the IRS may be necessary. Beverly Winstead, a tax attorney with David Aylor Law Offices, says that some situations require professional help.

A tax attorney can represent you in court.

A tax attorney can help you deal with the IRS, a bureau that can be intimidating to most taxpayers. The best way to protect your interests in a tax dispute is to hire a qualified tax attorney. These professionals will provide comprehensive legal representation and help you navigate complicated tax laws. Whether you are a new business owner, an international investor, or a taxpayer facing criminal tax prosecution, a tax attorney can assist you in resolving your financial problems.

Before a tax court trial, gathering all the necessary documents is vital. If you’re facing a small case, you can arrange all of your papers in a trial notebook. You can make two copies: one for the judge and one for the IRS attorney. Although written witness statements are acceptable to a judge, an IRS attorney will be more effective if you’re willing to testify live.

Cost of hiring a tax attorney

Hiring a tax attorney can be costly, especially if you have a complicated tax issue. While many non-law firms charge a flat fee of about ten percent of the tax debt, there are exceptions. Some tax relief non-law firms also demand an investigation fee, usually $950, to secure your commitment. Some, such as Blue Tax, operate for three or more years before closing their doors.

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The costs of tax dispute resolution vary, but they can easily exceed $1,000. While many tax attorneys charge an hourly rate, their rates are different. For instance, the minimum hourly rate for a tax attorney in a large city is $235; however, for someone with less experience, the average fee for the same services can exceed $460. If the case is not complicated, a tax attorney may charge a flat fee of as little as $250.

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