Lynwood Tax Attorney
Tax debt, which occurs for a wide range of reasons, is a problem that can have a significant negative impact on a California taxpayer’s life. The best solution to IRS or state debt is to retain the services of an expert like a Lynwood tax attorney. The company’s tax debt specialists are committed to walking a client through every step of the resolution process from the investigation to the proposal submittal. An individual that has unpaid back taxes will have to struggle through IRS debt collections unless a tax lawyer of Lynwood helps them choose an appropriate settlement.
The investigation procedure used by tax attorney Lynwood involves three major steps before an individual commits to a specific tax debt resolution plan. The first step is an analysis of a client’s personal financial records. If they are well-kept and organized, the process will go smoothly and the assigned tax experts can move forward.
The next part of the process is to obtain Power Of Attorney to gain access to the IRS’ Master File. This document contains the debt profile held on a taxpayer by the IRS. With all of this information, a Lynwood tax lawyer can choose a settlement option that fits a client’s financial situation.
Once a tax attorney in Lynwood has recommended a resolution program and a taxpayer has committed to the payment schedule, the next step is to draft a proposal that outlines all of the terms of the Installment Agreement, Offer-In-Compromise or other method of settlement. That proposal is then submitted to the IRS.
If it is approved, the federal government will begin accepting payments and, if necessary, lift any collection activities that need to be addressed. From this point on, it is the individual’s responsibility to stay current on all payments to the IRS. Taxpayers can rest easier knowing that even at this point, they can reach out to Lynwood tax lawyers for assistance if any problems or questions arise.
Taxpayers may feel like unpaid back taxes can quickly become unmanageable. Lynwood tax attorneys are there for their clients to provide dedicated service through every phase of tax debt resolution. Free consultations are available to any individual with questions about tax concepts from penalty abatement to steps that can be taken to avoid fraud. If you are facing any difficult tax problems, now is the time to take action. Call your local tax lawyer Lynwood today and see how having an IRS debt expert at your side can lead you to real solutions.