Dealing with IRS collections can be a daunting and stressful experience. The Internal Revenue Service (IRS) has the power to seize your assets, garnish your wages, and levy your bank accounts if you owe them taxes. If you find yourself in this situation, it’s essential to seek help from an experienced tax attorney. In this article, we will discuss the reasons why you should consider contacting an IRS tax attorney regarding IRS collections.
Understanding IRS Collections
When you owe taxes to the IRS, they will send you a notice demanding payment. If you fail to pay, they may take collection actions against you. These actions may include filing a tax lien on your property, levying your bank accounts, seizing your assets, and garnishing your wages. If you receive a notice from the IRS regarding collection actions, it’s important to take immediate action.
Reasons to Contact an IRS Tax Attorney
Dealing with the IRS can be a stressful and overwhelming experience. With complex tax laws and regulations, it can be difficult to navigate the tax system on your own. This is where an IRS tax attorney can be a valuable resource. Here are some reasons why you should consider contacting an IRS tax attorney:
1. Protecting Your Rights
When you hire an IRS tax attorney, they will work to protect your rights. They will ensure that the IRS follows all the rules and procedures when it comes to collections. Your attorney will also help you understand your rights and options.
2. Negotiating with the IRS
One of the main benefits of hiring an IRS tax attorney is that they can negotiate with the IRS on your behalf. Your attorney can help you set up a payment plan, negotiate a settlement, or challenge the amount you owe. They can also help you avoid collection actions such as wage garnishment or bank levies.
3. Experience and Expertise
IRS tax attorneys have the experience and expertise to handle complex tax issues. They understand the tax laws and regulations and can navigate the IRS collection process. They can also help you with other tax-related issues, such as audits and appeals.
4. Legal Representation
If the IRS takes legal action against you, such as filing a lawsuit or charging you with tax fraud, an IRS tax attorney can provide legal representation. Your attorney can represent you in court, negotiate with the IRS, and help you avoid criminal charges.
5. Minimizing Penalties and Interest
When you owe taxes to the IRS, they can add penalties and interest to the amount you owe. These penalties and interest can add up quickly and make it difficult to pay off your tax debt. An IRS tax attorney can help you minimize these penalties and interest and reduce the amount you owe.
6. Confidentiality
When you hire an IRS tax attorney, you can be assured that your information will be kept confidential. Your attorney is bound by attorney-client privilege, which means they cannot disclose any information you share with them. This can be especially important if you are concerned about the IRS sharing your information with others.
7. Peace of Mind
Finally, hiring an IRS tax attorney can give you peace of mind. Dealing with the IRS can be stressful and overwhelming, but having an experienced attorney on your side can help ease your worries. Your attorney can handle all the communication with the IRS, negotiate on your behalf, and help you get back on track.
Conclusion
If you owe taxes to the IRS and are facing collection actions, it’s important to seek help from an experienced IRS tax attorney. An attorney can help protect your rights, negotiate with the IRS, provide legal representation, and minimize penalties and interest. They can also provide you with peace of mind and help you get back on track. Don’t wait until it’s too late – contact an IRS tax attorney today.
If you’re facing IRS collections or litigation in New York, Law Offices of Stephen B. Kass, P.C. can help. Our experienced team of tax attorneys and CPAs provide tax settlement, IRS negotiation, and business bankruptcy services. Contact us today to schedule a consultation with an IRS attorney in NY and get the help you need.