When to Contact a Tax Attorney in Jackson, MI
Have you received a notice from the IRS that you do not
understand? Do you owe the IRS back-tax
balances that you are unable to pay? Has
a Revenue Officer shown up at your home or work? Dealing with the IRS can be a scary and
complicated process. If you live in
Jackson, MI and have unresolved issues with the IRS, it may be time to contact
a tax attorney.
Below are five situations when you should contact a Tax Attorney in Jackson, MI to help you handle the IRS.
- An IRS Revenue Officer Has Come to Your House or
If you have been contacted by an
IRS Revenue Officer, it may be in your best interest to contact a tax attorney
before attempting to work with the Revenue Officer on your own. IRS Revenue Officers have the authority to
set-up resolution on your tax balances.
They also have the ability to file liens and levies against you. These Revenue Officers are very knowledgeable
about the IRS rules and regulations. It
is important that you have someone on your side that is just as knowledgeable
and experienced. A Jackson, MI Tax
Attorney will handle all phone calls and correspondence with the IRS Revenue
Officer for you and will help ensure that you are treated fairly by the IRS.
- You Owe IRS Back-Taxes You Are Unable To Pay
Do you know that the IRS has
multiple different options for resolving your IRS back-taxes? There are multiple different installment
agreements based on your ability to pay.
They also offer a non-collectible status for taxpayers that are unable
to make a current payment. For those
taxpayers that qualify, the IRS even has a program that will settle your taxes
for less than you owe. All of these
programs have different terms and conditions.
A tax attorney can review your situation and help you determine the best
option for your tax situation.
- You Have Received an IRS Notice That You Don’t
The IRS sends out notices for many
different reasons. While some may just
be reminding you of a balance owed, others may contain important information
regarding proposed changes to your tax returns, additional information needed,
or upcoming levy threats. Many of these
notices contain strict deadlines for adjustments or appeal rights. If you receive an IRS notice that you weren’t
expecting or that you don’t understand, you should contact a Jackson, MI Tax
Attorney right away. It is important to
have an experience attorney review your notice and alert you to any upcoming
deadlines, adjustments, or appeal rights.
A Tax Attorney can also help you respond to the notice and correspond with
the IRS on your behalf.
- You Have Questions Regarding Your Tax
Are you starting a new
business? Do you have employees that you
need to run payroll for? Did you inherit
or sell property? Are you unsure how to
report your rental expenses for a tenant?
The tax code is very complicated, with many rules and exceptions to
those rules. Incorrectly reporting an
item or accidentally leaving something off of your return can lead to big tax
problems along with costly interest and penalties. It is not a good idea to try to guess how to
handle a situation that you are unsure of.
A tax attorney can advise you on how to report different situations and
what items you need to keep copies of in case the IRS later audits your
return. For any upcoming changes in your
life, it is a good idea to go meet with a tax attorney to review and make any
changes needed so you don’t end up in tax trouble later.
- You Want to File an Offer in Compromise with the
The IRS currently offers a program that allows qualifying taxpayers to settle their tax debt for less than they owe. You have likely heard radio ads discussing this program. However, the ads don’t tell you that getting an accepted Offer in Compromise with the IRS is a complex and time-consuming process. There are many IRS forms that all need to be properly completed and supporting documentation must be provided to the IRS. The IRS then has up to two years to review and make a determination on the Offer in Compromise. You have to negotiate with an IRS Offer Specialist and may have to take the case up to appeals. A Jackson, MI Tax Attorney can do a preliminary review of your financial situation to determine if you may qualify for an Offer in Compromise. They can then help you complete all of the IRS forms and will handle the negotiations with the IRS Offer Specialist and Appeals if necessary. They are aware of the IRS financial analysis rules and can help negotiate you the best tax settlement available.
Many people find dealing with the IRS to be an overwhelming
and frightening experience. They are
unaware of what the IRS is going to do and what their options are for resolving
their IRS issues. A tax attorney can
explain your options to you and help you navigate through the complex IRS