If you are currently facing the IRS and owe them money, it’s important that you consider your options and take the appropriate action to resolve the matter. Failure to address your concerns in a timely manner can lead to fines and penalties.
With the help of a qualified IRS resolution attorney, you have an advocate who can negotiate with the IRS on your behalf, thereby stopping the stressful calls and letters. You don’t have to avoid the IRS for fear of retaliation any longer. Once an agreement is reached between the IRS and your attorney, the IRS cannot bother you.
But first, it’s important to secure the services of an experienced IRS resolution attorney in Sarasota Florida to assist you in this matter. The Law Office of Mary King is your trusted source for helping you manage your debts and more. Whether you are an individual or a business owner, Mary E. King can help you overcome this challenging and stressful time to ensure that you achieve financial freedom.
How Your IRS Resolution Attorney Can Help
Your Florida IRS resolution lawyer will discuss several options with you during your initial consultation. They will establish a solution that is in your best interest and based on your financial standing. As such, you can trust that the action plan you and the IRS agree on will be centered on your situation so that you can feasibly meet your obligations.
Below are some of the most common solutions used to settle debt with the IRS.
Establish a Payment Plan
When you owe taxes that cannot be paid immediately, the IRS allows you the option to set up a payment plan. These plans are designed to accommodate people who are able to make monthly payments but are unable to pay the full amount all at once. Your IRS resolution attorney in Florida can help you establish a payment plan so that you can maintain a good reputation with the IRS while avoiding unnecessary penalties.
It’s never good to be audited by the Internal Revenue Service. Many people under audit do not know how to address such a stressful situation, nor do they know how to ensure that the IRS has not violated their rights. It may be helpful to have an IRS resolution attorney in your corner for such matters. During this trying process, you need an attorney who specializes in tax law.
Offer in Compromise
If you are eligible for a compromise offer, your IRS resolution attorney can assist you in settling your tax bill for an amount that is less than what you currently owe. With this option, the IRS checks your income and whether you can pay the compromised amount, as well as your current assets and any taxes owed, to determine if you are eligible for a settlement. Once you have paid the agreed settlement amount in full, your remaining taxes due will be waived.
In some cases, your IRS resolution attorney in Florida can try to cancel or lower the penalty for your tax bill. Sometimes, your penalty for the tax bill may be higher than the actual bill. Eliminating the penalty can result in your tax bill being more affordable. What’s more, you might be allowed to enter into an installment plan to pay off the rest of your bill after the penalty is canceled.
But before you can determine the most suitable option for your needs, you need to speak with a qualified attorney who understands the IRS and knows how to negotiate with them.
Secure the Services of the Law Offices of Mary E. King
We encourage you to contact the Law Offices of Mary E. King. Debt to the IRS, regardless of how much you owe, can lead to extensive problems. Therefore, it is always better to have someone in your corner who understands IRS resolution matters and can assist you in reaching a viable solution. Attorney Mary King is just the expert you need to assist you in such matters.
If you find yourself avoiding the IRS’s attempted communication with you, please contact the Law Offices of Mary E. King. They have spent years assisting others on various debt matters and can offer the attention and expertise you need to resolve your IRS concerns.
With so much experience and accolades, it’s no wonder why Mary King has an A+ rating from the Florida Better Business Bureau. If you have IRS concerns of any kind, setting up an initial consultation with Mary E. King is the first step towards financial freedom.
Mary King will work hard to ensure that your IRS issues get resolved quickly, efficiently, and at an affordable price. Please feel free to fill out our online contact form or call us directly at 941-906-7585.
The information in this blog post is provided for informational purposes only and is not intended to be legal advice. You should not make a decision whether or not to contact an attorney based upon the information in this blog post. No attorney-client relationship is formed nor should any such relationship be implied. If you require legal advice, please consult with an attorney licensed to practice in your jurisdiction.