In the world of taxes, a great deal depends on working with a competent and knowledgeable tax attorney Las Vegas. A tax lawyer is an attorney that specializes in assisting taxpayers who have been victims of overpaying the Internal Revenue Service (IRS). A qualified attorney will not only be able to assist you in resolving your current issues with the IRS, but also can give you guidance regarding potential tax liabilities for future years. You will need the assistance of a tax attorney in order to settle your outstanding tax obligations with the IRS, including back taxes, tax penalties, interest and attorney’s fees. A skilled attorney can help you obtain more attractive tax settlement options with the IRS.
The IRS demands accuracy from its taxpayers when it comes to filing tax returns. If your tax return contains any errors, you will be required to pay substantial fines unless the error can be proven to be “frivolous and irrelevant.” It is important to hire a qualified and experienced tax attorney in las Vegas to resolve any matter related to the tax. A trained legal advisor can help you in preparing for your upcoming audit by using sound tax planning techniques and ultimately reducing any penalties that you may be assessed.
An IRS audit lien levy can occur if the taxpayer fails to disclose a large lien against their property which automatically creates a lien against the taxpayer’s income tax return. The IRS audit lien levy also may be filed if the taxpayer has failed to pay their United States Federal Income Tax Liens on a timely basis. A qualified and experienced legal advisor in las Vegas can assist you in both of these matters and more.
If you owe back taxes or have not been paying them, you will probably receive a notice from the Internal Revenue Service regarding a tax lien levy. If this is the case, you will need to locate a tax attorney in las Vegas to discuss your options. The tax attorney can help you negotiate your delinquent taxes with the IRS in order to settle the matter amicably. He can also negotiate with the lender to reduce your tax debt or interest rate. You will also be advised on any possible tax debt relief for you as well as future tax planning strategies.
A tax lien will remain on your credit history report until it is removed by the IRS. This will remain until the full amount of your tax debt is repaid or the tax penalty is satisfied. Because this type of debt is one of the most difficult to eliminate, you are strongly advised to seek tax advice from a tax attorney in Las Vegas. They will be able to make you aware of your rights and the legal steps that you need to take.
An audit is another reason to have a tax attorney. If you suspect that you may be audited, a tax lawyer will be able to review your situation with the IRS and negotiate a settlement that is in your best interest. By speaking to a tax attorney, you can avoid being subjected to an audit and the stress that often accompany it.