Being contacted by the IRS can be an intimidating event. In many situations, the IRS will send a notification that of an audit or a notice of non-payment with penalties and interest attached. For some individuals, they believe they can ignore the situation or work with the IRS to resolve the problem. This is usually not the best option to choose. The IRS will be relentless about receiving their money even if the individual does not have the money to pay. The same holds true with audits of a business. The IRS laws are very specific and various deadlines must be met or the matter will take on an entirely new level.
Many tax issues are beyond an individual’s ability to handle. There should never be a reason to feel ashamed because of a tax issue. Hiring a Tax Law Firm can help to correct the issue quickly and stop any other issues before they begin. An attorney with a Tax Law Firm does more than just file taxes for an individual or business. This type of attorney can help to prevent the loss of a small business or personal residence. It’s important to contact one as soon as an individual is aware they’re having issues with tax debt or with the IRS.
An attorney that is qualified in handling tax issues will immediately know which deductions are available for an individual or business tax return. They will also know which deductions to stay away from. Risky deductions will usually trigger an IRS audit of the income tax return. They will recommend if a tax return should be itemized or if a standard deduction should be used. Once the IRS is involved, it is imperative to contact an experienced tax attorney. The IRS will make any individual feel like they’re part of a witch hunt with an invalid audit and harassing letters. The tax attorney will be able to put it into perspective again.
Hogan & Associates P.C. have been in business for many years helping hundreds of people deal with the IRS. Their experience and knowledge can mean the difference of paying thousands of dollars in fines and interest or paying little to nothing in taxes.
