Looking For A Richmond Tax Attorney?
Are you a taxpayer in the Richmond area? Have you fallen behind on tax payments to the IRS? It may seem like help is far out of reach, but there are options out there for you that will solve your problems quickly and effectively. Many IRS debtors look to local Richmond tax attorneys to represent them throughout their cases, but with a little extra research, you can find other tax professionals that may be better suited to resolve your tax issues. IRS Tax Practitioners, which must be Enrolled Agents, tax lawyers and CPAs, are trained to provide quality assistance and advice that will set you on the path toward tax debt relief.
Our tax professionals offer personalized programs designed around your needs. IRS debt is one of the most difficult financial situations to resolve on your own. A Richmond tax lawyer can offer you legal advice that is not available from other tax professionals. The IRS does not need court permission to place a lien or start seizing assets and bank accounts. This means that collection actions can take place much faster than the average individual would expect. While we are not tax attorneys in Richmond or a law firm, our professional tax debt experts have negotiated thousands of IRS resolutions. If it is determined that you need legal representation, we can recommend a suitable specialist to handle your tax case.
Tax settlements come in three major forms, all of which have variations that are unique to the individual. The IRS Installment Agreement is one resolution in which the tax liability is paid in monthly installments. Taxpayers can enter into automatic installment agreements on the IRS website, or have a tax debt expert negotiate for an installment agreement with special stipulations based on their financial situation. These agreements may result in large or small payments, and trusting your IRS negotiator to set up a reasonable installment plan will help you stay within your budget. We may not have headquarters in Richmond, but we have created specialized plans for taxpayers from Alaska to Florida.
Another type of tax resolution is the Offer in Compromise. It’s important to note that this is a very hard resolution to qualify for as it allows taxpayers to settle their full tax liability for a lower amount providing the payments can be made within a period of two years. A tax debt professional will be able to determine a taxpayer’s eligibility after conducting a thorough investigation. After the investigation, if an individual is found to qualify for an Offer in Compromise, they will be required to submit detailed financial proof as well as a first payment for the agreement. These payments may be large or small, but with the resources provided by our tax negotiators and the possibility of more affordable rates than a tax attorney in Richmond, we focus on your financial stability as well as finding you a successful resolution.
The last tax resolution is Currently Not Collectible Status. Delinquent taxpayers who are granted this status are usually in financial hardship already and the IRS will determine that further collection actions would not be successful to collecting any of the tax debt. A Richmond taxpayer should call a trained IRS debt specialist if they believe they qualify for this status, as it is very difficult to prove to the IRS. The IRS will cease collection efforts when a delinquent taxpayer is granted CNC Status but will require periodic reviews to ensure that the individual’s financial situation has not changed. In every case, we follow the same IRS guidelines as a Richmond tax lawyer for all of our federal tax settlement plans.
Utilizing the services of a tax professional will ensure that a taxpayer is getting the best tax resolution available. It is possible to negotiate for a tax resolution on your own, however, hiring a tax debt specialist adds the experience of dealing with IRS agents and knowledge of the federal tax code. Tax services also have the resources to handle each customer’s case with the attention it deserves. Call today for a free consultation today to begin your tax debt relief process and see how our tax company can set you free from IRS problems.