When You Need to Hire an IRS Tax Attorney

The economic crisis has taken its toll on many people. Many cannot attend to their tax duties and other financial obligations. Bad credit ratings are also common. So are property foreclosures and other debts. When you are experiencing problems with your tax responsibilities, an IRS tax attorney is the person to turn to. The Internal Revenue Service (IRS) is the department collecting the taxes you owe the government. When the IRS is starting to contact you, perhaps this is the time to seek help from an IRS tax attorney. Here are some of the most common situations where you will need professional assistance. You are probably familiar with one or more of them so you better look into these circumstances.

You have a business and you haven't paid your taxes.

In this case, the IRS can and will shut down your business. They will collect all due funds from the enterprise. If you are the sole owner of the business, they can place a bank levy on your personal account. Remember that in a sole proprietorship, you and your business are considered as one entity. Hiring an IRS tax attorney at the earliest opportunity will help handle this situation. A lawyer specializing in this line of work will represent you before the authorities. He or she will negotiate a payment plan that will suit your present financial status. Doing so will reduce the possible effect on your hard earned cash.

A revenue officer is looking for you.

Revenue officers work by tracking down and paying a visit to people with unsettled debts. When a revenue officer is knocking at your door, there is really nothing to be scared of. Is it too late to call an attorney? The answer is "no." Call your lawyer right away to guide you. Is hiding from the officer an option? Yes, it is an option, but it will lead to more problems. Ignoring or hiding from the officer won't solve the problem. It will only lead to an account delinquency. When this happens, the government may issue a bank levy.

The government issues a bank levy.

You will receive a notice of levy after the government has tried all means to collect the money you owe them. That means you have 21 days to prevent the levy from taking all funds in your account. A tax relief attorney understands the bank levy will freeze your accounts. This is why they suggest using all means so as not to reach this situation.

In some cases, the amount debited from your account is not enough to pay your debt. Thus, the government will continuously collect from your account until you have paid your obligation fully.

These are common situations where assistance from tax relief attorney will come in very handy. Hiring one would mean extra expense on your part but it can significantly help you gain control over your finances.

Look for your tax relief attorney online. Make sure to choose an experienced lawyer. This way, you can have the most effective payment plan or perhaps reduce the amount you owe the IRS.

Ranking: 5