If you are one of the overwhelming amount of people who need to settle IRS debt in America, a tax relief lawyer is available as a resource to help with back taxes owed. There are so many things to know when looking for audit defense, to make sure you are not being taken advantage of by the IRS.
You will need a hand when it is time to settle IRS debt. When served on an employer, wage garnishments are taken out of payroll. This is a high price to pay for any employer trying to stay afloat in this tempestuous economy, particularly for small business owners.
The IRS cannot start garnishing, however, without giving you notice, and time to make proper financial arrangements. Thankfully, there are attorneys who are on your side to take the actions necessary to settle IRS debt.
The IRS too often imposes penalties improperly. This is usually because the IRS employee does not understand all of the facts to the case, the law, or both. Cases such as this call for a lawyer to help carry you through the battlefield of court to the safe haven of a tax penalty abatement. Settle IRS debt without too many financial battle scars by hiring an attorney.
The decision to settle IRS debt as quickly as possible is an intelligent one, given the price, which only went up starting on July 15, 2006. By changing the Offer in Compromise Program, a 20 percent nonrefundable payment must be made along with $150 in the case of a cash offer.
During the civil war, the tax rate was 3 percent of an average income earner. Today, that tax rate has gone up almost seven times. Whether this is just or not is another matter. You must settle your IRS debt as soon as possible, and an attorney will help you with the process.
More can be found here: ctaxrelief.com