Tuesday 13 May 2014

How to Figure Out That You Need a Tax Attorney to resolve Your Tax problems?

If you are going through any of the following circumstances, you might consider them as a signal that you need a tax attorney.

Do you remember the last time when you filed an income tax return with IRS? If your answer is no, then you should consider hiring a tax attorney to review your IRS account. Even if you do not owe the IRS (Internal Revenue Service) any money, a  tax attorney in Athens GA may be able to uncover refunds to which you are entitled, but have not collected.


Tax Attorney In Athens Ga

If You Receive an Assessment Letter
If you got an assessment letter in the mail from the IRS, it means that the IRS has dogged that you owe them money. The assessment letter is the initial step in the collection process and it notifies you what you owe and why .If you do not respond to the assessment letter at right time, your IRS debt will continue to grow. So, it is a good time to retain help from a tax attorney as he will respond on your behalf, leading to a satisfactory settlement.

If IRS Files a Federal Tax Claim
IRS File Tax Claim

In case of federal tax claim, everything you own becomes prone under such a collections process. Mostly, IRS files this claim against you when you do not respond to several notices regarding an unpaid balance and a notice and demand for payment. At such circumstances, a tax attorney makes all the payment arrangements in order to get the claims released.


If You Receive a Notice from IRS

IRS Notice
Once a Federal Tax claim has been filed against you, IRS will perhaps take even more action like attempting to levy your bank accounts. If you receive a notice of intent to levy from the IRS, you should take help of a tax attorney, as you have limited time to stop the Internal Revenue Service from levying your bank accounts.


If IRS Files a Trust Fund Recovery Act penalty
If you are a business owner and the IRS files a trust fund recovery act penalty against you, look for the advice of a tax attorney. This Act Penalty is in response to non-payment of employee withholding and it can be strictly relentless.

Some people are hesitant to seek help from a tax lawyer. Though there are some gripping situations in which you should not rely on your own verdict, and hire an experienced tax attorney who not only cares about your financial well-being but provide you exceptional tax services as well. 

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