At Campbell & Coombs, P.C., we believe knowledge is very powerful when it comes to tax problems and resolutions. Many potential clients come to our law firm asking some common questions about their tax law issues. Below are some of the frequently asked questions about tax law and answers that we hope are helpful.
Please keep in mind that these are general FAQ and answers and should not be construed as legal advice for your specific situation. If you are interested in talking to one of our tax law attorneys about your IRS case, schedule an appointment today. You can contact us online or by calling (480) 568-2333.
Why Do I Need a Tax Lawyer?
So often our law firm sees clients who were scammed from other "tax law centers" that are usually out-of-state. They give their money to these scam artists who promise to fix all of their tax problems only to find that almost nothing has been resolved and they are in the same boat they were before. Do not fall victim like this and instead make the right choice the first time. You will likely save yourself a lot of headache by going to an experienced legal professional to help represent you against the IRS or state tax authorities.
How Do I Remove a Tax Lien?
In many situations, when there is a tax lien on your house or other property, a lawyer can reach out to the IRS and discuss an offer in compromise (see below) or some sort of installment agreement. Once this deal is reached, a lien is often lifted.
What Is a Tax Levy?
A tax levy is when the IRS has the administrative authority to take or "seize" your property to pay off a tax debt or back tax. This could be taking your house, car or even go into your bank accounts. They can also serve a levy on your employer and sometimes take over 75% of your paycheck! This is a serious financial situation and if you are receiving notices from the IRS, take action now and talk to one of our attorneys.
What Is an Offer in Compromise?
An offer in compromise is when the IRS agrees to let you pay off what you owe in taxes by paying a small lump sum amount or a 2 year payment plan in installments. What is beneficial about an offer in compromise is not only do you get the IRS off your back but it can help lift a tax lien or help avoid a tax levy from even happening.
What Happens if My Case Goes to Litigation?
This is another really important reason to hire an attorney and not fall for a scam from a tax center. Only an attorney can properly represent you in tax court, should you situation require it. Our law firm has the experience to do this as well as any appeals.
If you have further questions, contact our attorneys for answers.