When the IRS levies your assets, you have a few options. You can try a payment plan online. This requires you to propose a payment plan to the IRS, which they evaluate. Your payment plan should be based on your ability to pay. You must also consider any taxes or fees associated with it. Hiring an experienced CT tax attorney is a wise move if you cannot afford the IRS fees and interest.
The IRS can levy property when you owe it money. This can happen to you or someone else. Whether the IRS levy your assets, it can ruin a good day. This is the time to hire an experienced professional. Below, you’ll find some of the best options. Let’s learn more about these professionals. Here’s what you can expect. Hiring the number one Tax Levy Lawyer will help you get back on your feet.
IRS Notice CP90 is the final notice of intent to levy your assets. It informs you of your right to a hearing. This letter can cause serious harm if you don’t act on it immediately. You may lose your assets or face bankruptcy. Hiring a qualified attorney is essential to protecting your assets. There’s no reason to try and deal with the IRS alone. Licensed Enrolled Agents, such as the one endorsed by Dave Ramsey’s ELP 2012-2019, specialize in tax lien relief.
Even if you are comfortable representing yourself in an audit or a simple audit, you should seek the assistance of a tax attorney. A lawyer can file legal appeals with the IRS, file formal motions in a court of law, and negotiate on your behalf. Using a tax attorney will reduce your stress and get you results faster. Whether you hire an accountant or a lawyer depends on your experience and expertise. You should choose an attorney who has extensive experience in handling tax cases.
A tax attorney generally charges an hourly rate, which varies by experience and location. Most attorneys charge between $200 and $400 per hour. Highly experienced attorneys charge more than $1,000 an hour. Another option is to hire a flat-fee attorney. The latter option is best for simple tax matters, such as those involving property taxes. There are no guarantees, however. This option is not right for everyone.
Before hiring a tax attorney, make sure to check that the individual you’re speaking with is the one handling your case. Many companies have salespeople that tell you what you want to hear, and then hand you off to another attorney. Ask to speak to the individual who handles your case directly with the IRS. A professional is more likely to get the best possible resolution for your case. But beware of those who charge you hundreds of dollars an hour to represent you. You can hire a tax attorney for a fraction of the cost. Click here for details.
Hiring a tax lawyer is a smart move. Not only will it help you avoid paying a hefty amount of money, but you’ll also be able to save hundreds or even thousands of dollars in interest charges and penalties. If your debt is due to an IRS levy, it’s better to hire a tax attorney. The tax attorney will work with the IRS to find a solution that suits your financial situation.