If facing an IRS audit makes you uncomfortable, you aren’t the only one. Since IRS tax laws are constantly changing, it’s unnervingly easy to make an innocent tax preparation mistake that gets y
The adage “no news is good news” holds true for the IRS. In fact, if you’re like most taxpayers in Jackson, MS, you do your best to file your taxes accurately so that you don’t risk dealing with them.
However, if you’ve been selected for auditing or missed paying your tax liability, you may be unable to avoid them. Keep reading to learn what to do if the Internal Revenue Service contacts you.
Are Tax Debt Collection Agencies Contacting You?
You incur tax debt when you cannot or do not pay your tax debt on time. Unresolved tax debt can negatively impact numerous areas of your life, from financial to physical.
Tax collection agencies will contribute added stress to your everyday life by relentlessly pursuing payment. As a result, you may feel overwhelmed trying to deal with your unpaid taxes and as if you’ll never find tax relief.
Let a Jackson, MS Tax Law Attorney Handle Them
The IRS will do everything possible to collect your tax debt, including garnishing your pay. As a taxpayer, you will not be able to push back against the collection efforts of the Internal Revenue Service effectively.
Tax attorneys will use their extensive knowledge of federal tax law to address your tax problems. Whether you’re struggling with business or personal taxation problems, a Mississippi tax lawyer will be familiar with the tax laws that apply to your situation.
What Can a Mississippi Tax Professional Do For You?
Hiring a Mississippi tax relief attorney will benefit you in numerous ways. The following are just a few things your Jackson, MS, lawyer can do to help you.
Protect Your Business and Personal Assets
The IRS is determined to collect. Since they can legally come for your property and other assets if you don’t pay taxes, you’ll want an MS tax law professional protecting your assets.
When you work with a tax debt lawyer, they will work to release liens placed on your property and establish an affordable IRS installment agreement. They will also ensure your wages aren’t being garnished beyond the limit the IRS and Mississippi Department of Revenue allow.
Represent You During an Audit
Completing an audit without a Mississippi tax lawyer’s guidance can be disastrous. In addition, hiring tax audit representation to communicate with the IRS throughout the audit will prevent you from saying or doing anything that could cause your audit to escalate.
Jackson, MS tax lawyers will ensure your rights aren’t violated during the audit. They can also explain back tax matters on your behalf.
Provide Insight and Advice About Tax Law
Tax lawyers have insight into the nuances of tax law that lawyers who practice law in other areas don’t. Business and personal tax law are complex, so a taxpayer seeking the best outcome will hire a Mississippi tax attorney specializing in tax resolution and tax debt relief.
The average Mississippi individual doesn’t know enough about taxation law to defend themselves successfully. However, a tax lawyer in Jackson, MS, has the education and professional experience to give them insight into the actions of the IRS and the best way to handle them.
Communicate With the IRS
Clients who work with tax attorneys can resolve their issues with the IRS more positively than those who attempt to negotiate for themselves. The IRS is focused on collecting the taxes they are owed, not helping you, so you need someone looking out for your interests.
Once an individual has hired a Mississippi tax attorney, most communication with the IRS will go through them. Not only does this lessen clients’ stress, but it also ensures their situation is handled correctly.
Show You Mean Business
When taxpayers hire legal representation, the IRS knows you take your tax situation seriously. They expect a taxpayer with representation to be challenging to pressure into an aggressive payment plan.
They also know you have someone to deal with tax debt collection agencies on your behalf.
Offer Tax Resolution Services
Consequences for failing to manage your tax matters include wage garnishment, tax liens, and bank levies. In extreme circumstances, taxpayers who do not address their tax problem or those who intentionally dodge their tax liability may face jail time.
Tax attorneys will communicate with the IRS to facilitate your tax resolution. Since Mississippi tax lawyers are experienced in handling litigation matters, they are also prepared to represent taxpayers if tax problems escalate to tax court.
Negotiate a Payment Plan
Tax debt accrues interest and penalties, requiring you to pay more as your debt ages. A tax professional in Jackson, MS, can help you establish a plan that prevents your debt from increasing.
An experienced lawyer will help you prove how much you can pay monthly. Without a professional helping you negotiate, the Internal Revenue Service may try to push you to make bigger payments than you can afford.
Recommend Tax Professionals
In addition to offering you tax relief, a Mississippi lawyer can help you connect with other tax professionals. Your attorney can recommend certified public accountants who can assist with your tax planning.
Plan For the future
Ask your lawyer how to avoid being in a situation where you need tax relief again. You never know; they may be able to direct you to a financial counselor who offers a free consultation to referrals.
Find a Mississippi Tax Law Professional
If the IRS has contacted you regarding a problem with your taxes, you’ll want to find a Mississippi tax resolution attorney immediately.
Tax law is challenging, and working with a tax professional offers you the best chance of finding tax relief. Services offered by tax professionals include helping file unpaid business taxes, seeking abatement for penalties, stopping income garnishment, and representing taxpayers in the United States tax court.
Both individuals and businesses can benefit from the expertise of an MS tax law professional.
Tax Lawyers in Jackson, MS Will Fight For You
When dealing with tax problems, you want to know that the lawyer you hire is willing to go the distance to protect your financial future. Our firm goes the extra mile to get clients the tax relief benefits they deserve.
At Damiens Law Firm, PLLC, we handle stressful tax situations, so you don’t have to. We’re committed to finding the best solution for your unique problem.
Tax Debt Attorney Mississippi – Damiens Law Firm, PLLC
Find a firm specializing in tax law ready to fight on your behalf. An experienced attorney will be aware of options to help you regain control of your financial situation.
We work diligently to explore every tax resolution and tax debt relief solution that could apply to your situation. Our team offers assistance for all types of federal and state tax issues.
The Tax Resolution Service You Need
When dealing with a tax issue, it can feel like the stress simply never ends. Unfortunately, back tax matters can be complicated, so hiring an MS tax law attorney is the best way to recover your good standing with the IRS.
Don’t work with a lawyer that doesn’t specialize in tax law: hire professional tax lawyers to handle your situation. Contact Damiens Law Firm, PLLC at (601) 957-9672 for tax resolution help today.
ou noticed by the Internal Revenue Service.
If you’re like most business owners in Memphis, TN, you do your best to file your tax return correctly and pay your tax liability promptly. But, unfortunately, sometimes life can get chaotic, and before you know it, you may find yourself with unpaid taxes or unfiled tax returns. Since you know your IRS tax obligations won’t go away on their own, you may wonder who you should contact in Memphis for help.
Memphis, TN, Tax Attorneys Will Ease Your Stress
The last thing you want to do is receive IRS tax penalties or face tax evasion charges, which means you’ll want to hire a Memphis audit attorney as soon as the IRS shows interest in your business taxes. Your Memphis tax attorney will be an asset to you during this stressful time, as they will negotiate with the IRS, request payment plans for your tax debt, and provide you with legal representation if the IRS tries to bring criminal charges against you.
Don’t trust your IRS tax troubles to any Memphis tax lawyer. Instead, work with attorneys who have devoted their careers to understanding IRS tax law and are proud to serve Memphis, TN, and the surrounding communities.
A Memphis Tax Attorney Who Fights For You
At Damiens Law Firm, PLLC, we do everything we can to help clients find practical tax resolution options. By offering audit representation, resolving tax liens, and halting wage garnishment, our attorneys help individuals in Memphis, TN, and the surrounding areas find a solution to their tax struggles. Working with a Memphis tax attorney will give you peace of mind that your IRS tax issues are in capable hands.
Make Connections
Attorneys whose legal services focus on helping taxpayers manage audits and find tax relief can recommend trustworthy Memphis tax professionals, such as a CPA offering a free consultation to new clients. Taking advantage of your attorneys’ referrals allows you to plan for the future, and scheduling a free consultation with a potential CPA ensures they’re a good fit for your needs before committing.
What Is an IRS Audit?
An IRS audit is an investigation and review of a business or individual’s finances. The financial information will be compared to the information submitted on the audited party’s tax return.
Auditors will be looking to see if the taxpayer gave the IRS the money they owe and if there are any discrepancies between the filed return and the taxpayer’s financial information. If your Memphis, TN, business is facing an audit, or you’ve been selected for one in your personal life, an attorney can help.
What Happens If You Get an IRS Tax Audit?
No one wants to receive an audit notice, and even the most diligent taxpayers in Memphis, TN, may find it challenging not to imagine worst-case scenarios. Audits can bring tax problems into the light and bare any errors in your tax preparation process.
You can expect the auditor to request documentation for expenses and deductions you claimed since many people attempt to lower their tax liability by manipulating business write-offs. Any tax issue you’ve had in the past few years will be found during the process, so you’ll want to be forthcoming with the Memphis, TN, attorney you hire to represent you.
Immediately after receiving an audit notice, you’ll want to schedule a consultation with a Memphis tax attorney. Speaking with the IRS agent without the guidance of a tax attorney in Memphis familiar with the audit process could go poorly. If you say something wrong, you could inadvertently incriminate yourself in tax issues such as multiple unfiled tax returns or writing off illegitimate business expenses.
Audit Types
How intense your audit experience will be is determined by how the Internal Revenue Service is completing your audit. Tax audits are done either through the mail or in-person, and in-person audits may occur “in the field,” which means at your workplace, or “in-office,” which means you meet with the auditor at their office.
If you have been chosen for auditing, you will receive an audit notice informing you of your selection and whether your audit will be in-person or via mail. Although you’ll benefit from hiring a Memphis tax lawyer to handle any audit, undertaking an in-person audit without legal support is especially ill-advised.
In-Field and In-Office Audits
Audits that take place at your workplace, whether it’s in Memphis, TN, or elsewhere, are the most thorough audits. The IRS employee will be pouring over every aspect of your taxes, searching for red flags such as owed back taxes, missed tax filings, failure to comply with Tennessee tax laws for businesses, and suspicious-looking deductions.
However, avoid falling into the trap of thinking that you don’t need the service of a Memphis tax attorney just because the auditor isn’t coming to your business. In-person audits conducted outside your business will still be in-depth, and you’ll need to work with a tax attorney in Memphis, TN, to ensure your paperwork is correct and that you have a plan in place for addressing any tax problems the auditor will find.
Through Mail Audits
Mail audits are less intense than in-person ones, but you can still benefit from having audit representation. Since an audit conducted via mail will require you to send in paperwork and possibly money if you set up a payment plan, having a Memphis, TN, tax lawyer on your side can streamline the process.
Working with Memphis tax lawyers prevents you from accidentally sending the wrong paperwork, which can slow the audit process and place you under closer scrutiny from the IRS.
Receive Audit Representation From a Tennessee Tax Attorney
If you’re like most individuals in Memphis, TN, the taxes you filed years ago don’t ever cross your mind. However, if you’re faced with an audit, you may suddenly find yourself worried that the IRS may say you owe the government money from improperly prepared taxes or that you will be facing penalties because you are behind on paying off your tax debt. Memphis tax professionals can offer you the support and guidance you need to protect your financial future.
Tennessee tax attorneys can represent you during your IRS audit and help you find a tax resolution if the auditor discovers you owe money for prior errors. You’ll want to ensure you only trust your tax audit to Memphis lawyers capable of negotiating effectively with the IRS and the Tennessee Department of Revenue on your behalf.
Tax Resolution in Memphis, TN
Your Memphis tax lawyer can help you find IRS tax relief when dealing with various situations. At Damiens Law Firm, PLLC, our Tennessee tax lawyers help clients resolve the following concerns with the IRS:
- IRS tax levy
- IRS tax lien
- IRS wage garnishment
- Excessive tax debt
- IRS tax penalties
- Penalty abatement
- Tax preparation penalties
- IRS tax audits
Can the IRS Take My Assets?
Many individuals are under the impression that if they dodge the IRS, they can avoid paying their tax debt. However, there are multiple ways the IRS can pursue the money they are owed.
If you owe the IRS tax payments, the best thing to do is contact Memphis, TN, tax lawyers to establish a tax settlement plan. When your tax lawyer negotiates a tax settlement with the IRS, you can minimize your chances of being saddled with fines.
Through an IRS Tax Levy
When the IRS levies your bank account, they temporarily hold your funds, preventing you from accessing your account. After 21 days, the bank will send the funds you owe to the IRS directly to them.
The only way to release an IRS tax levy is by reaching a tax resolution that the IRS accepts. Tax attorneys in Memphis can help you craft a payment plan to pay off your tax debt or negotiate a tax settlement with the IRS.
Through an IRS Tax Lien
Tax liens are a claim against your assets or property when you fail to pay your IRS tax debt. The IRS has a strong interest in collecting funds owed to them and will not hesitate to place a tax lien on your property in Memphis, TN, or elsewhere if you don’t reach a tax resolution with them.
You’ll want to work with a Memphis tax lawyer to reach an agreement with the IRS and have your tax lien removed. If you don’t attempt to repay the back tax you owe, the IRS tax lien allows the IRS to seize your property or assets.
Through IRS Wage Garnishment
Ignore the IRS long enough, and they’ll come for your paycheck. Wage garnishment occurs when your IRS tax obligation is taken directly from your paycheck, leaving you no choice but to pay your debt. Reaching a tax settlement with the IRS can keep you from facing wage garnishment, but you’ll need to be proactive about working with a Memphis, TN, lawyer to accomplish this feat.
Experiencing IRS wage garnishment can significantly impact your quality of life since you may find the amount of money left in your paycheck after the IRS tax obligation has been pulled isn’t enough to live comfortably in Memphis, TN. Attorneys specializing in IRS tax law can help you negotiate a tax settlement so that your Memphis lifestyle is minimally altered.
A Tax Lawyer in Memphis Can Help
A skilled tax lawyer in Memphis can help you deal with any problems that arise when navigating state and IRS taxes. While you may be tempted by enrolled agents who offer new clients a free consultation to discuss their taxes, when you’re struggling with a tax issue, stressing over a tax lien, trying to secure a tax settlement, or facing a tax audit, you want an experienced Memphis tax lawyer on your team.
Contact a Memphis Tax Attorney Today
For almost a decade, the Memphis tax lawyers at Damiens Law Firm, PLLC, have been helping hardworking individuals find the tax resolution options they need. From representing you during an IRS audit to helping negotiate a tax settlement that works with your financial situation, our team of attorneys in Memphis, TN, is ready to help.
Working exclusively in tax law, our attorneys have experience communicating with the IRS to find a solution that serves the taxpayer. Our Memphis, TN, attorneys are tax relief experts and will do everything within the scope of the law to find the best settlement option for your tax case.
Don’t let wage garnishment damage your quality of life or live in fear of back taxes catching up with you. Instead, contact our experienced Memphis tax lawyers at Damiens Law Firm, PLLC, by calling (601) 957-9672 today.