Looking For An Oakland Tax Attorney?
Are you an Oakland taxpayer? Have you been concerned with letters you’ve been receiving about unpaid back taxes? IRS notices can be one of the most stressful things to receive in the mail. These notices can be sent because of debt owed, deadlines missed, or missing portions of a tax return. Regardless of why the notice was sent, none of these problems are without solutions. When you’re looking for a way out of your tax problem, searching online for an Oakland tax attorney may not be the best option. Our IRS Tax Practitioners have a program in place that helps clients determine the services that would provide the greatest benefit to them. If you have received any notice from the IRS requiring action, contacting a professional tax company will show you the choices available to you as our IRS debt experts get you into the right settlement plan.
Taxpayers who have sent in an incomplete return, or missed the deadline, may need the assistance of tax professionals to fix the issues addressed in the IRS notice. If the return is not handled in a timely fashion, or if it is filed and any payments are not made to the IRS by the deadline, there is a penalty system in place including liens and levies. These actions can result in additional fees and interest or seizure of the taxpayer’s assets. Any taxpayers who have received notices of liens or levies should contact one of our IRS debt specialists immediately to avoid increasing their debt to the IRS. These levies can affect anything from personal bank accounts to important material possessions such as cars or houses. We may not be based in Oakland, but our tax negotiators have successfully resolved IRS problems for thousands of clients from Florida to Alaska. We focus on providing quality service and resources that will simplify your case and help you understand what needs to be done.
If there is an established debt owed to the IRS from unpaid taxes, the best action a taxpayer can take is to pay it off immediately. Such repayment would remove any of the holds placed by the IRS. If lump sum repayment is not an option, our tax professionals advise that there are several repayment agreements that can be entered into to put a taxpayer in good standing with the IRS without requiring the full balance to be paid at once.
These settlement options, or Installment Agreements, mostly require a 60 month commitment. The different agreements are available to help taxpayers in varying financial situations. Some of these programs are intended for those having other bills that must be paid, whether short term (loan repayments, car payments, etc.) or long term (mortgages, etc.). The payments may be large or small, but we work with you to set up installments that work within your budget. Providing fast recommendations and services that may be more affordable than local Oakland tax attorneys is what sets us apart from other tax agencies.
Since many of these tax resolution programs have legal aspects, many taxpayers think that hiring an Oakland tax lawyer is the best way to solve their problems. For some Oakland residents, this may be the case, as only attorneys can provide legal advice. It can be difficult to determine what each case requires and whether legal assistance will help you overcome your tax issues. Calling our tax professionals can make this easier, as our CPAs, Enrolled Agents and IRS negotiators know the details of each settlement plan put in place by the federal government. We are not Oakland tax attorneys or a law firm, but our talented team of IRS debt experts has the experience and knowledge necessary to explain all of your available options and secure a resolution that addresses all of your concerns.
When a taxpayer cannot pay the full balance and does not qualify for an Installment Agreement, there are still options available. An Offer in Compromise (OIC) is a settlement with the IRS in which the taxpayer pays as much as they can at the time and the IRS releases the liability. This is beneficial for the IRS and the taxpayer, as the IRS receives some payment and the taxpayer is no longer in debt. Anyone that needs to enter into an OIC should call an IRS debt specialist to determine if it is a possibility and what the settlement amount will be. Taxpayers unable to pay can potentially obtain Currently-Non-Collectible status. This requires full financial disclosure to show that monthly expenses exceed gross monthly income.
To ensure the success of your case, we tailor each solution to the individual. Over years of helping taxpayers just like you to settle their IRS debt balances, we have come up with tools and resources that make the whole process easier and more efficient. We follow the same IRS guidelines as tax lawyers in Oakland. Our free consultations have helped clients across the country to see what options they are eligible for without worrying about a large up front cost.
If you’ve found yourself in debt to the IRS, or receiving any of the notices commonly sent, there are solutions to your problems. Getting out of debt and staying compliant in regards to tax filing and payment can bring about relief from the stress of owing the IRS. Call a tax professional today to get the process started and begin working toward the freedom you seek!