Tax Resolution

Tax Resolution Attorney in Sunset Hills, Missouri

Individuals with outstanding tax issues due can face serious penalties from the Internal Revenue Services (IRS). The fines and penalties from delinquent taxes can add up quickly, which only makes your problems much worse. The IRS could even pursue aggressive collection actions such as bank levies and wage garnishments. Resolving outstanding tax problems can be confusing for people who are not familiar with the process. You do not have to deal with your state and federal IRS tax issues alone. If you are facing any tax controversy, including back taxes, unfiled returns, audits, levies, garnishments, or penalties, seek legal advice from a seasoned Sunset Hills tax attorney as soon as possible. At Doyel Law Firm, our dedicated legal team can provide you with tax resolution advice, representation, and guidance needed to successfully deal with the IRS. Every client needs a different approach, so we will develop a strategic plan that will work for your case. We will protect your legal rights and financial interests while finding the best solutions for your tax issues.  

What is Tax Resolution?

Tax resolution is the process in which tax matters are straightened out with the proper authorities and plans are made and executed accordingly. When dealing with tax issues, it’s advisable to take action sooner than later. Delaying your response can accumulate fees, increase the total amount you owe, and prolong the repayment period. When you owe the IRS, the collection methods are harsh and ruthless. If you receive collection letters threatening to levy and garnish your wages or paychecks, or the tax levy letter for your bank account, it is highly recommended to consult a reliable Sunset Hills tax resolution lawyer to resolve your tax problems. Failure to properly address a tax controversy can lead to forfeiture of assets, damage to your reputation, loss of business, personal financial ruin, and civil penalties.   

What are the Common Tax Resolution Services?

There are many types of tax problems and even more types of tax resolution. Not all tax problems are the same. Therefore, each problem has to be dealt with accordingly. You need to understand the options and choose a strategy that works for you. A skilled tax resolution attorney in Sunset Hills MO can help review your case and determine which approach suits your needs.

Settle Back Taxes

When your taxes are delinquent or overdue for years, they are considered “back taxes”. If you owe back taxes and cannot afford to pay, there are several alternative ways to settle these debts. Fortunately, the IRS will sometimes offer options and work a deal with qualified taxpayers. If you need more time to pay your tax debts, the IRS will allow you to pay back your overdue tax bill (plus accrued interest and fees) in the form of a payment plan. The IRS offers two types of installment plans — short-term and long-term. Qualifying for a tax installment plan isn’t always possible. With the help of our credible Sunset Hills tax resolution lawyers, we can negotiate with the IRS on your behalf to set up an installment agreement for the lowest possible monthly payment.

File Delinquent Tax Returns

If you fail to file your tax returns on time, you might face additional penalties and accruing interest from the date your taxes were due. In addition to these civil penalties, you may face criminal prosecution for tax evasion. This crime can be punishable by a fine of $10,000 and one year in prison sentence for each year you haven’t filed. Unfiled tax returns are a serious offense and can lead to mounting debt as back taxes and fines pile up. The IRS will not stop the collections process until all unfiled tax returns have been filed and settled. If you are responsible enough to file your tax returns before the IRS contacts you, you can mitigate the penalties and consequences.

Release Federal Tax Lien

A federal tax lien is the United States government’s right to keep or take a person’s personal property until that person has settled all unpaid federal taxes. Having the IRS place a lien against your property means that your valuable assets are in serious jeopardy of being taken away from you. If you owe past-due taxes, the IRS can file a Notice of Federal Tax Lien with your county clerk to alert the public and credit bureaus that the government has a legal claim to your property. The simplest way to address a federal tax lien is to pay the total balance of back taxes. A top-ranking tax resolution attorney in Sunset Hills can assist you in applying to have a tax lien released or withdrawn.

Bank and Wage Levy Release

Wage garnishments and bank levies are collection tools used by creditors to seize your assets or stream your paycheck or bank account. If not properly addressed, levies can have a devastating effect on most taxpayers. You may lose your wages, holdings in your bank, and investment accounts. You can get the IRS to remove the levy, but only after you repay all your remaining back taxes, or negotiate a payment agreement with the IRS. If you have a levy issued to your bank or a garnishment attached to your wages, it is highly recommended to seek legal assistance from a qualified tax resolution lawyer in Sunset Hills to help release the levy and garnishment.

Tax Audit Representation

Facing a tax audit can be time-consuming, frustrating, and emotionally draining. An IRS auditor will closely examine your tax returns and may request that you provide supporting documentation for the expenses and deductions that you claimed on your returns. Many taxpayers facing an audit may have made a simple mistake that could end up costing additional taxes, penalties, and interest. When you receive notification of an audit from the IRS, you must first consult with a knowledgeable Sunset Hills tax resolution attorney to represent you throughout the audit process. We will provide legal advice to you regarding your rights and ensure that the IRS does not take advantage of fear and lack of knowledge about the federal tax laws. It is important to have the best tax and legal professional working for you.

Hire an Experienced Sunset Hills Tax Resolution Attorney Now!

The tax resolution process can be daunting and stressful. If you owe money to the IRS or state, you need to take action as soon as possible. If you ignore the IRS, they will just keep coming after you. They can garnish your wages, put a lien on your house, seize money from your bank account and charge significant penalties. Every client’s tax situation is unique, and the type of results you get will depend on your circumstances. To improve your chances of a favorable outcome, it is in your best interest to consult our competent Sunset Hills tax resolution attorneys at Doyel Law Firm. Our tax resolution law firm is ready to resolve your state and federal tax problems. We will help you determine which tax resolution option will work best for you. We will represent your interests and handle all communication with the IRS directly to settle your tax case. Call us now at 314-396-2457 to schedule an initial consultation. We look forward to getting you on the path of tax resolution.