Are you looking for a Bellflower Tax Attorney?
Are you a Bellflower resident looking for a tax lawyer to help you overcome an IRS debt issue? Searching for a Bellflower tax attorney may provide you with some options in tax debt settlement, but there are other tax professionals that can offer the quality of service you want. A tax company that is staffed by IRS Tax Practitioners, which are required to be CPAs, Enrolled Agents or attorneys, can provide you with full tax services. While we don’t have headquarters in Bellflower, our tax professionals have a strong record from thousands of cases we’ve resolved for taxpayers from California to Florida. An attorney can be an important source of help in IRS consultations, but by considering all of your options, you may find that a tax professional is what you need.
Tax professionals with IRS debt experience are helping taxpayers overcome their tax debt problems. Unpaid back taxes are a very common source of federal and state tax debt. If tax payments have been missed and the funds are not immediately available to resolve the debt, it is important for an individual to take action to let the IRS know they are serious about a commitment to debt resolution. Ignoring a problem like federal tax debt only increases the amount of work it will take a taxpayer to settle. To determine the best course of action, individuals in debt should contact a tax professional.
The different options for tax debt resolution will be considered by our tax professionals who will make quick recommendations to cut down on the time the negotiation takes from start to finish. The rates these tax experts are authorized to offer may be more affordable than what a Bellflower tax attorney will provide. While it is up to each individual to choose what method of tax settlement is the most appropriate for them, you can rest in the fact that our tax professionals can provide you with resolution agreements under the same IRS guidelines as a Bellflower tax lawyer. These programs may involve large or small payments on different schedules.
Once an expert has been hired, the next step for a taxpayer is to provide accurate representation of their financial situation. A tax professional will want to analyze their income, expenses and debt (with regards to size and age). These factors will help to determine the appropriate program for debt settlement. For example, an individual that had necessary expenses larger than their monthly income is considered to be in economic hardship. Those in economic hardship can potentially qualify for Currently-Non-Collectible status, which releases the taxpayer from liability while they are under this designation. As soon as a tax professional has found the best program for their client, the next step is to maintain compliance by paying on time and filing all future tax returns properly and by the deadline.
The resources offered by our tax professionals may be more significant to your case than those offered by a local Bellflower tax attorney. It is important for everyone facing unpaid tax debt to know that only a lawyer can provide legal advice, and for this reason you should take care to determine whether or not an attorney is necessary in your case. We do have a staff of Tax Professionals, Enrolled Agents and CPAs, but we are not a law firm or Bellflower tax attorneys.
Tax experts help both personal and business taxpayers. Both classes are required to pay taxes and can face collection efforts from the IRS. If any taxpayers fail to pay off debt, liens and levies can be placed as a result. Liens are legal holds on assets that guarantee the IRS some form of payment. A lien will damage a taxpayer’s credit rating and stay on their credit report for seven years. Levies, a more severe debt collection technique, involve the actual seizure of money, property and inventory (in the case of businesses). One form of levy that can cause problems for an individual is wage garnishment. This form of collection allows the IRS to force a taxpayer’s manager to withhold a portion of their paycheck until the debt has been repaid. A tax professional can work to cease garnishment through repayment efforts or appeals with programs similar to those offered by Bellflower tax lawyers.
To ensure that drastic collection efforts are not taken, taxpayers with debt owed should contact tax professionals. If you need tax help, these professionals can guide you through the settlement process with the right program. Whatever the cause or the issue, tax experts offer free consultation to those seeking help. To get debt relief help and explore your options, call a tax professional today!