Dealing with Taxes Owed and the IRS Lawyer
It is always best to pay any back taxes owed as soon as possible to save money. Finding an IRS lawyer can help to deal with the IRS and get things back on track. Even if you are not able to make the full payment at this time, your lawyer can help to set up a payment plan that will meet your tax obligation. Here are some of the steps you can take when you are dealing with back taxes owed to the IRS.
Filing the Returns
If you owe taxes because you have not filed the returns, you need to get these filed as soon as possible. The more years you have missed the hardest this process will be. With your IRS lawyer, you can find all the proper paperwork to get this information filled out correctly. When you are dealing with more than one tax return at a time, having some help can make a huge difference.
Talk to the IRS
After you have filed all of your tax returns and are caught up with the years you have missed; it is time to contact the IRS. You can do this on your own if you wish. When you call, a representative will be able to assist you through the steps that need to be taken. You can either make a payment in full or request a payment plan. Remember that a payment plan will add extra fees to the amount that is owed. But since most taxpayers cannot pay all their back taxes at once, a payment plan is a much better option than to ignore the taxes. A representative will be able to send you the necessary documents to request a payment plan.
Some taxpayers become nervous when talking to the IRS. If you are worried about talking with the IRS, you can have your IRS lawyer speak for you. Make sure to fill out the Form 2848. This form will allow your tax professional to speak with the IRS on your behalf. Your tax professional will follow the same steps you will and work out a payment plan that fits your budget.
Fill out the paperwork
Make the payments
You must make payments on time according to the payment plan. If a hardship comes up and it becomes difficult for you to make the payments, contact the IRS right away. Ignoring the issue again will result in the IRS taking actions including liens on property and wage garnishment. But contacting the IRS can assist as extensions or a new payment plan can be made.
Tax law can be confusing. Most taxpayers do not know where to turn to get their questions answered. Our tax professionals at Gordon Law Group are available for all of your tax season questions. Give us a call today at (847) 580-1279
Contact us: https://www.gordonlawltd.com/