Do I Need to Hire a Jacksonville Tax Attorney?
A tax professional can help you with many different services. Two of these services are tax resolution and preparation. Tax attorneys can also help with personal tax problems such as unfiled tax returns, payroll tax problems and IRS wage garnishments. Other problems that a tax attorney can attend to include unpaid taxes, IRS audits, owing back taxes and IRS collection notices. This article will address a few of these problems.
Unfiled Tax Returns
You may forget that you have years of unfiled tax returns built up. This can especially be true if the IRS has not contacted them about it. Because of the penalties and interest that the IRS will add on if its determined that you owe for the unfiled years, these unfiled tax returns can eventually cause even more problems. Your best option, even if you owe for the previous years, is to file for the past years and begin working towards a resolution of the debt. This prevents the IRS from forcing you to pay the debt.
Payroll Tax Problems
This type of problem occurs when your business fails to pay or file payroll taxes. If this happens, the IRS can be very aggressive when it comes to collecting the amount owed. Heavy penalties will be added by the IRS if you fail to file, pay, or both for these payroll tax problems. The business owner or other authorized individual of a business may be held responsible for owing the debt.
IRS Wage Garnishments
A wage garnishment is a collection tactic used by the IRS to force you as the taxpayer into paying the debt you owe. Wage garnishments are attached to your paycheck. If a wage garnishment is placed on your income, the IRS takes everything up to a certain amount, not a percentage. You can be left with very little, and this depends on which exemptions you have claimed on your taxes. The IRS takes an amount that depends on how you file, and the number of exemptions you are allowed to claim. Once the wage garnishment has been attached to your income, it will be in effect until the debt expires or is paid off.
Unpaid Taxes
A common problem in regards to unpaid taxes is the IRS wanting the amount to be paid in full. Most of the time you may not have the proper funding to pay the IRS in full. Taxpayers are capable of ridding themselves of their tax debt in many different ways. Some of your options include Partial Payment Plans, Currently Non Collectibles and Offer in Compromise.
About the Author
The best thing you can do when it comes to tax issues is to contact Jacksonville income tax lawyers. They can assist you in deciding what your best choice of action is and also help you execute this action. A helpful website I've found for finding a qualified tax attorney is http://www.youtube.com/watch?v=X5QKP66BvkI
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