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Tax Law

When and How to Hire a Tax Attorney?- Read On!

If you have tax liabilities that are beyond your means to pay, you should consider seeking tax relief. It is a legal way of resolving such tax issues. A tax lawyer like the Virginia tax attorney is the right person who could help you resolve your tax liability issues. Tax relief can be availed if you follow certain guidelines.

 

Virginia tax attorneyGenerally, tax liabilities incurred cannot be wiped out in bankruptcy. However, there are certain circumstances under which tax debt may be eliminated. When you visit tax advisors for your tax issues, will consider the extent of your tax liabilities and suggest you on eliminating any such things like unpaid business taxes. Bankruptcy can give a very bad image about a person and can put you into a long list of people who have tax issues. If you get tax relief, the negative image will be erased and you could build a positive image in the society.

 

The tax liabilities can be settled by entering into a tax debt compromise agreement with the IRS. Under this agreement, you would agree to settle your tax liability through a tax debt relief program. A tax liability compromise agreement is usually signed by the taxpayer and the tax advisors of the IRS. You can also hire a tax lawyer for negotiating a tax liability compromise. While hiring a tax lawyer, make sure he or she has a good reputation for getting tax debt compromises from the IRS.

 

You can also settle your tax liabilities through a tax settlement plan if you are unable to pay all or a part of them. In this case, the IRS would offer to reduce a portion of your taxes through a tax code settlement. This tax code settlement is done through an offer in compromise. An offer in compromise is a formal request made by the taxpayer that asks for the waived tax liabilities.

 

A tax lawyer helps you deal with tax liabilities and other complicated issues like tax debt compromise and tax penalties. You should not attempt to solve complex issues on your own. Hiring a tax lawyer or a CPA would be a good idea. You could save money and time if you deal with a tax lawyer or a CPA. You could also get tax relief if you hire a tax lawyer or a CPA because they are experts in tax matters and know what to do to solve tax problems.

A tax lawyer and/or a tax consultant can negotiate for you with the IRS. He or she knows how to deal with the IRS to get tax liabilities reduced. If you have a tax liability and you failed to file your tax return for one reason or the other, you should seek help from tax consultants and tax lawyers. You should opt for an offer in compromise from the IRS.

Tax Law

How Tax Fraud Cases are Avoided- a Tax Defense Lawyer Explains

The Internal Revenue Service (IRS) and tax fraud have been frequent subjects of legislation in the United States. Tax fraud is a major concern for the Internal Revenue Service, and their ability to collect unpaid taxes is very important to revenue. The tax code is quite complex, with changes occurring year after year. In recent years the legislative efforts to reform the tax system have included a number of targeted tax relief provisions. Among these include the tax relief act passed by congress in 2011.

 

the best tax lawyer in Arizona there isOne of the major provisions of this law is the ability of tax enforcement officers to investigate tax fraud on their own. When a taxpayer is suspected of committing tax fraud, the taxpayer may, in many instances, be required to provide personal information to the revenue officers. This information can then be used against the individual. In some circumstances, the taxpayer may be required to undergo a criminal investigation mentioned the best tax lawyer in Arizona there is.

 

Attorneys who are experienced in defending tax evasion cases know that there are several major count that can be faced by the tax fraud offender. In most cases an individual will be faced with: bank fraud, misrepresentation of income, bankruptcy fraud, false statements to the federal tax return, perjury, tax evasion, and more. It is very common for the tax evasion attorney to also represent the government on criminal investigations.

 

Many tax lawyers are also familiar with criminal law and have experience working as attorneys in various tax liability cases. Criminal defense is a specialty area of law. A tax fraud conviction can have severe consequences. The primary penalties are fines, jail time, and in some cases, loss of ability to obtain loans. In addition to these major penalties, the criminal tax conviction will appear on one’s criminal record. In some cases, the records may not be available for 10 years.

 

Tax criminal defense attorneys and investigators investigate all available avenues. If a tax liability is not discovered during an audit, an investigator continues to look for the evidence. Sometimes an investigator digs so deep that they find something that causes a district attorney to file charges. Once an investigation ends and an audit is closed, the tax lawyer represents the client in the next tax case. At this point, if the tax lawyer believes the tax liability is not resolved, he may advise his client to hire a tax specialist or a tax loss mitigation attorney to resolve the tax matter.

If a tax loss mitigation attorney is retained, the tax lawyer will work on a tax lien rehabilitation plan with the tax defendant or the tax lender, depending on the nature of the case. If the case involves a financial hardship case, this rehabilitation may result in the debtor entering into a guilty plea agreement. The tax lawyer may also work to have a sentencing range agreed upon by the government and the defendant. If all of these options are not possible, a tax loss mitigation attorney may be able to petition for sentencing using the “atable” sentencing option.