You may need a tax relief attorney at some point in your life. While the Internal Revenue Service (IRS) can be tricky to navigate and understand, many people still need to realize they could benefit from an experienced tax settlement services provider.
What are some of the reasons why you might need them?
Your tax return has been rejected, or you need additional information.
Suppose you receive a notice from the IRS stating that your tax return has been rejected and need to file additional information. In that case, it’s likely because you should have included something important on your return. This could be anything from income or deductions to an exemption. You’ll need to contact your tax professional and let them know what needs to be done.
If mistakes were made on your return, you might need to file an amended return with the appropriate changes so they can be accounted for in future years.
Your tax return was unusually complex.
The IRS defines a complex tax return with more than 100 lines or schedules. If you have any of the following on your tax return, it may be considered complex:
- You own rental property and deduct expenses for business use of your home or second home.
- Your income is high enough for you to itemize deductions (more than $130,000 for single filers).
- You have foreign investments, such as stocks and bonds, held in an IRA account or 401(k) plan.
- You claim large amounts of charitable contributions because you made a large gift during the year.
You want to appeal an IRS decision.
You may have a legitimate reason for appealing an IRS decision. You should consider hiring an attorney if you want to appeal an IRS decision and can afford to pay for an attorney’s services.
You were overpaid as part of a settlement.
If you have been overpaid as part of a settlement, you can use the money to pay down debt or put it in a retirement account. You can also use this extra cash to take a vacation or buy something.
You owe someone back taxes, but you need to know how much.
When you owe someone back taxes, the amount of money can take time to determine. The IRS will send letters and notices explaining how much you owe them.
But if you don’t agree with their assessment, or if they miss something important in their calculations, it is possible that the amount you are required to pay will not be correct.
In this case, hiring a tax relief attorney can help address any issues related to your debt repayment plan and clear up any confusion about how much money is owed.
Getting help from a professional may seem intimidating at first—but once you get past these initial fears and understand what can be done for your situation (e.g., filing for bankruptcy), finding an attorney who knows what they are doing becomes crucial!
You have an IRS collection case or pending IRS claim.
You may need a tax relief attorney if you have an IRS collection case or pending IRS claim. These cases can be complex and time-consuming. For example, if you are facing a tax lien, it may be in your best interest to hire a tax settlement services provider who specializes in this type of case and knows how to handle these situations from start to finish.
If these points apply to you or someone else in your family, then it’s time to contact an experienced tax relief attorney who can help resolve any problems or debts with the Internal Revenue Service.