It is very important to have a good tax lawyer or attorney with you whenever you are dealing with the IRS. He can be your advocate, protect your rights and help you come out of your debt with a minimum amount of fuss and suffering. There are certain situations when you may be liable for back taxes. For instance, you may inadvertently bought an item using your tax ID, you were injured while at work and your employer was sued because he failed to make you aware of the tax liability, you met with an accident that leaves you unable to work or you became disabled while in the hospital. In these situations you will need the services of an IRS Lawyer to get you out of the mess.
The IRS can levy your property. This means that they can seize personal properties without letting you know about it. Your lawyer can therefore help you to get the amount of your back taxes reduced or forgiven. A reduction means paying less than what you actually owe back to the IRS. If you don’t have enough money to pay your levy they can also place you in jail for some time.
It is important to keep in mind that only very serious tax situations require the expertise of a professional Loveland IRS attorney. There are some exceptions to this rule. In cases where you were unaware of the tax liability until the lawyer advised you, this is not such a serious situation. Your attorney can advise you on how to avoid the pitfalls that may arise in such circumstances. Even then, you will still need to discuss your options with your lawyer.
Another situation when you will need the help of a qualified IRS lawyer is if you are appealing a court ruling that would reduce your tax bill. The IRS has many rules and regulations that prevent them from lowering your tax bill. An experienced IRS Lawyer will be able to secure a reduction in your tax bill that satisfies you. If you don’t have enough money to pay for the full amount of the levy, your lawyer can petition that part of it be reduced or nullified.
There are many circumstances that call for the expertise of an IRS lawyer. One of these situations is an audit by the agency. When this happens, it is imperative that your attorney has the knowledge and expertise needed to represent you before the IRS auditing agency. Only a lawyer who knows the ins and outs of tax law can protect you against having your assets seized or your wages garnished. This is one reason that you should always use the services of a tax lawyer.
The IRS is responsible for many of their own problems, such as the inability to levy some past due taxes. However, they do get involved in some circumstances when you fall behind on your taxes. In these cases, you have the right to consult a tax resolution specialist to see what your options are. They may be able to work out a compromise that satisfies both parties.