You may be able to qualified to legally avoid paying up to 90% of your tax debt

Find out if you do from our team of BBB A+ rated experts

Which IRS Programs You Qualify For
How Much You Can Legally Avoid Paying
Exactly What Steps to Take Next

Take the 59sec Tax Savings Calculator Now to Find Out:

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1) Who do you owe tax debt to?

2) About how much do you owe in tax debt?

3) Do you have un-filed back tax returns?

4) Have you had a wage garnishment, tax lien or bank levy?

5) Have you received threatening or confusing letters from the IRS?

6) Great! Now we just need to know where to send your results to?

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Here's How the Process Works:
1

Free Initial Consultation and Financial Analysis

15 Minutes - We will go through your entire financial situation, step-by-step and see what programs you qualify for, determine how we can help, and answer any questions that you may have.

2

Research & Investigation

4-7 Days - Using the Power of Attorney, we will work with the IRS to determine what evidence they have against you (without disclosing anything), so we can create a plan of attack.

3

Fight for the Best Resolution

1-3 Months - After learning exactly what they have against you, we will negotiate with the IRS on your behalf, removing all the penalties we can, and fighting for a great settlement for you.

4

FREEDOM!

Forever - Once your tax burdens have been lifted, you can go on living your life again! You will finally be free of the burdens chasing you, and can start fresh with no tax debt!

Get peace of mind know when you are working with the best to finally put an end to your tax problems

Highly Experienced Lafayette Tax Lawyer

Give our Lafayette Office a Call Today

Among the worst things you can do with IRS back tax debt is continue to fail it for decades at a time. The IRS wants to add to the total amount you owe, and will stop at nothing to collect that money on interest charges and additional penalties.

They’re the largest collection agency on earth, and we firmly believe that no one should have to face them by themselves again.

For most people, having a government agency that is massive continuously harassing them with revenue officers and letters, notices is a horrid thought.

That is why our Lafayette team is here to assist you. You will have someone in your corner to help negotiate for you, and no longer have to face the IRS on your own.

With only 15 minutes on the phone with our pros, you’ll learn precisely what you’ll qualify for, and what to do.

Give our office a call today!

When you have had a bank levy placed on your property or accounts, let our Indiana team remove it for you within 48 hours.

Bank levies are charges levied on your own Lafayette bank account when you’ve outstanding tax debt. Unfortunately, the procedure is not always smooth. Usually, the association ends up freezing all the money that is available in a given account for a period of 21 days to deal with a man’s or a business’ tax obligation. During the halt, it’s impossible to get your money. The sole possibility of getting them at this stage is when the interval lapses when they’re unfrozen. Preventing the levy allows you to get your capital for matching other expenses.

Why and When Bank Levies Get Applied

The IRS bank levies are applied as a final resort for you to your account to pay taxes. It occurs to people in Indiana who receive many assessments and demands of the taxes they owe the revenue agency. Failure to act within the legal duration of a tax obligation leaves the IRS with no choice besides to proceed for your bank account. This occurs through communication between your bank as well as the IRS. You may find that on a particular day if you are unaware. The freezing only influences the sum equivalent to your tax debt, but nevertheless, it can be more than that and you get a refund after the levy period. For meaning to levy as well as a telling about your legal right to a hearing bank levies follow a closing notice. In a nutshell, the IRS notifies you of the bank levies that are pending. When applied, the IRS can only take cash that was on the date a levy is implemented in your bank.

How to Get Your Levies Removed in Lafayette

There’s a window of opportunity for you to use to get rid from your account of bank levies. With a professional service helping out, it’s going to be simple for you to know when to take your cash out of the bank. You can certainly do this by getting into an installment arrangement.

While the solution sound easy, they may be extremely complex to execute. You need to act quickly, have the resources to do so, understand every part of the law and deal with related bureaucracies levied by banks and the IRS. The smart move would be to phone us for professional help with your IRS situation. We’ve expertise and abilities which have made us a number one choice for lots of individuals. For partnered tax professional assistance, contact us for much more details and help.

Stop letting interest fees and penalties eat up all of your money, and let our Indiana fee abatement program help.

Once the IRS strike on you or your business using a tax bill, it generally appends interest fees and penalties. These additional fees may be awful such that an old tax bill could have double in fees and interest pinned onto it. Some penalties, like late payments, they can be included by IRS computers.

The IRS assumes they are acknowledged by you if you do not complain once fees are imposed. Fortunately, a fee can be confiscated by the IRS just as simple as it contained one. The key to the realm of the tax fee relief is demonstrating a sensible reason for your letdown to mind with tax law.

The amount of distinct tax code fines is staggering. Below are some of the fees that IRS will tack on to the debts of people who’ve not filed their back tax debts.

Incorrectness:

The Internal Revenue Service will impose a 20 % penalty on you if you greatly minimized your taxes or were negligent. This precision-related fine is employed when you cannot set a tax write-off in a review, or you didn’t submit all of your income along with it is learnt by the IRS.

Civil deceit:

A penalty 75% can be attached in the event the IRS discovers that you weren’t reported your income with a deceitful intention.

Delayed Payment:

Fines for failing to make payroll tax deposits are considerably elevated.

Not Filing on time:

The IRS can fine you an additional 5% per month on any outstanding balance if you didn’t file your return on time. However, this punishment can be used only for the first five months following the due date of the return, equal to a 25% higher price. The IRS can still visit lesser penalties if there is no outstanding balance.

Once you know the way as well as the motive the IRS hit fines against you, you may need that they be abridged or eliminated. The IRS name for this particular procedure is known as an abatement. Approximately one third of all tax fees are ultimately abated, and even it is going to not be less should you understand the means to challenge them.

Simply telling the IRS that you cannot manage to compensate it, or do not enjoy a fee, WOn’t work. You must show sensible cause, which means an excellent supplication. According to the IRS, any sound cause advanced by a citizen as the reason for postponement in filing a return, making deposits, when owed will be cautiously examined, or paying tax.

Approaches to request for an IRS penalty and interest abatement

Enclose these documents with your written request.

  • Letter from a registered medical practitioner, describing your condition that prevented you from filing your tax return on time.
  • Death certificate substantiating the bereavement of close relationships or your blood.
  • A comprehensive report from the fire department if your property is damaged due to fire.

What to Do Now

In case you have been levied fees by the Internal Revenue Service, there are several productive and easy methods to get your tax fines or interest condensed or even removed totally. We have been for many years in the industry and we’re devoted to offer our customers a professional IRS penalty and interest abatement service in a legal manner. Contact us today to solve all your tax problems and the associated penalties levied on your Lafayettebusiness or on you by the Internal Revenue Service.

Let our Indiana team negotiate a payment plan for you, so you are able to pay back your debt over time

The IRS Installment Agreement is a way for citizens in Lafayette to pay their tax debt when they can’t pay it in full with their tax return. So long as the citizen pays their tax debt in full under this particular Agreement, they avoid the payment of the fee that is associated with creating the Understanding and can reduce or get rid of the payment of interest and penalties. Creating an IRS Installment Agreement requires that all necessary tax returns have been filed before applying for the Agreement. The citizen cannot have any unreported income. Individual taxpayers who owe $50,000 or less in combined individual income tax including penalties and interest can receive 72 months to pay the amount of tax owed . If more than $50,00 in tax debts are owed, then the taxpayer may apply for a longer period to pay the debt. In some instances, a citizen may ask for a longer span than 72 months to pay a tax debt of $50,000 or less. back

Benefits of an Installment Agreement

The agreement will lead to some important gains for the citizen. While an arrangement is in effect, enforced set activity will never be taken. When the taxpayer can count on paying a set payment every month rather than having to worry about putting lump sum amounts on the tax debt there’ll be more financial freedom. The taxpayer will eliminate continuing IRS penalties and interest. The IRS will help the taxpayer keep the arrangement in force if the taxpayer defaults on a payment providing the IRS is notified immediately.

Obligations of the Installment Plan

Some duties come with the Installment Agreement. The minimum monthly payment must be made when due. The income of the incomes of citizens that were joint or an individual taxpayer must be disclosed when applying for an Installment Agreement. In some cases, a financial statement should be supplied. All future returns must be filed when due and all the taxes have to be paid when due. Taxpayers paying their tax debt under an Installment Agreement could be asked to authorize direct debit of their checking account. This way of making monthly payments enable the taxpayer to request that the lien notice be withdrawn. But, the lien could be reinstated in the event the taxpayer defaults on the Installment Agreement.

The taxpayer and the IRS can negotiate an Installment Agreement. However, particular advice should be provided and any advice may be subject to confirmation. For citizens owing more than $50,000, a financial statement will be required.

How to Get Ready to Apply

There are several precautions that must be contemplated, while citizens can submit an application for an IRS Installment Agreement. Though the IRS attempts to make using for an Installment Agreement a procedure that is relatively easy, there are some circumstance which can make this a challenging undertaking. Since an Installment Agreement can remove many issues with the Internal Revenue Service, it is vital to get it right the very first time the application is made.

We’re the BBB A+ rated law firm serving all of Lafayette and Indiana, which could provide skilled help to you. Our many years of experience working with the Internal Revenue Service on behalf of Lafayette citizens who have problems qualifies us to ensure approval of your application for an Installment Agreement.

Has the IRS been sending Earnings Officials to your Indiana house or company?

What is a revenue officer?

Agent or an IRS officer is an average visitor to daily life or your Indiana business. Obtaining a distinction between the two is very important for you to understand how to deal with each. An IRS agent has the primary function of auditing tax returns. They send notifications regarding at hand audits via email. You can go to local IRS office once you get an email from IRS representative or an agent comes over to your house or company to audit returns.

An IRS officer on the other hand deals with more complex tax problems. For example, whenever an IRS representative finds that you never have paid taxes on a certain source of income, your case is known as IRS officer. Hence the primary job of an IRS officer would be to deal with a tax debt or back tax liability.

The Internal Revenue Service assigns you a revenue officer in the following conditions:

Inability to Collect Taxes

When the IRS has failed to collect taxes from you using the normal channels like levies, telephone calls, notices and emails.

Un-Filed Back Taxes

When you’ve got a reputation of not filling taxes.

Like payroll taxes when you fail to pay certain kind of taxes.<?p>

Large Tax Debts Owed

When your tax liability is appreciably large, a standard figure being 25,000 dollars or more.

Remember IRS revenue officers are mandated by law to undertake measures to recover the taxes. These measures can include issue levies, seize and repossess property, freeze assets or wage garnishments. Expect these officers to appear at your house or area of businesses unexpected or without prior communication. In infrequent instances, you might be called by the policemen or send you e-mails summoning you to their offices. Try and work with them to prevent further complicating your case and attempt to pay you over-due taxes to the expand your income can accommodate. The tax sum requires you to work out a blueprint to pay or in case your case is complex, you will need the services of a lawyer.

What You Should Do if you Get {a Revenue Officer|an IRS Revenue Officer

When you are not able to pay off your debt instantly, the Internal Revenue Service officer might request some files and financial records. Filling these forms should be done correctly and precisely consequently the professional services of an attorney are needed. Hence, when you get these forms, the very first thing to do is to call an attorney.

Additionally, an attorney in Lafayette will review your financial situation and work out the best paying strategy with all the IRS revenue officers. Without legal counsel, the IRS officers might intimidate you into consenting to a strategy that you cannot afford but which makes their job easier. In the event you are given tight datelines, an attorney get you a adaptive one and can quickly negotiate. Remember, there are lots of choices that can be offered by the policeman. A standard one in case linked to payroll overdue is to evaluate and assign you a recovery fee trust fund. For this to happen, an interview should be run to determine who is the real perpetrator between a business as well as a person and having an attorney during this interview in Indiana is a matter of necessity.

Don't get scammed by a tax relief company with no track record - call our BBB A rated firm today.

Many people are law abiding Lafayette citizens and they fear the dangers of IRS action. Seeing this as a good chance, lots of tax resolution businesses out there set out like vultures circling on these diminished preys. Innocent people are lured by these businesses in their scams and commit consumer fraud and even larceny! Therefore, you need to exercise care when you are attempting to find a tax resolution business for yourself.

What Scammy Companies can do

Not all Indiana tax relief companies who guarantee to negotiate together with the IRS for you are trustworthy. Since there are all those fraudulent businesses out there, hence, preventing IRS tax help scams is extremely significant. It’s possible to avoid being taken advantage of, all you have to do is to educate yourself in this regard and to follow a number of useful hints! An authentic tax resolution company will constantly folow a mutually satisfactory financial arrangement wherein the payments can be made on a weekly, biweekly or monthly basis.

Secondly, it is best to be somewhat careful when you are choosing a specific tax resolution firm to work with. Chances are the business is deceitful should they promise you the desired results or state that you simply qualify for any IRS program without even going through a complete financial analysis of your present scenario then. After all, it is impossible for firms to pass such judgment without going through your complete fiscal investigation first. Thus, do not fall for their sugar coated promises and hunt for other genuine businesses instead.

How to find out about a company

The internet is a storehouse of information, but you have to be careful about using such information. For handling your tax associated problems, don’t just hire any random business with great advertisements or promotional efforts. To be able to select the right firm, it is wise to study about the same in the Better Business Bureau website and see their ratings or reviews. So, doing your assignments and investing time in research is definitely a wise move here.

A website with a good rating on BBB is unquestionably one you could put your trust in. We are a BBB A+ rated Lafayette firm, we help people by alleviating their IRS back tax debts. Our tax options are reasonable, we don’t only negotiate on your behalf with the IRS, but rather develop a practical strategy in order to ensure that all your tax debts are eliminated. We do all the hard work for you while you concentrate on other important elements of your own life. Thanks to our vast experience and expertise in the field, you can rest assured your tax problems would be resolved promptly and efficiently when you turn for help to us.

Other Cities Around Lafayette We Serve

Address

Lafayette Instant Tax Attorney

133 N 4th St, Lafayette, IN 47901
Phone

(317) 662-2221

Customer Rating
Services / Problems Solved
Removing Wage Garnishments
Getting Rid of Tax Liens
Removing Bank Levies
Filing Back Tax Returns
Stopping IRS Letters
Stopping Revenue Officers
Solving IRS Back Tax Problems
Ironing out Payroll Tax Issues
Relief from Past Tax Issues
Negotiating Offer in Compromise Agreements
Negotiating Innocent Spouse Relief Arrangements
Penalty Abatement Negotiations
Assessing Currently Not Collectible Claims
Real Estate Planning
Legal Advice
Tax Lawyers on Staff
Steve Sherer, JD
Kelly Gibson, JD
Joseph Gibson, JD
Lance Brown, JD
Cities Around Lafayette We ServeAdvance, Alamo, Ambia, Arcadia, Atlanta, Attica, Bainbridge, Battle Ground, Bellmore, Bloomingdale, Boswell, Bringhurst, Brook, Brookston, Brownsburg, Buck Creek, Buffalo, Bunker Hill, Burlington, Burnettsville, Burrows, Camden, Cayuga, Chalmers, Clarks Hill, Colfax, Covington, Crawfordsville, Cutler, Danville, Darlington, Dayton, Delphi, Earl Park, Fair Oaks, Flora, Forest, Fowler, Francesville, Frankfort, Fulton, Galveston, Goldsmith, Goodland, Grass Creek, Greentown, Grissom Arb, Hemlock, Hillisburg, Hillsboro, Idaville, Jamestown, Judson, Kempton, Kentland, Kewanna, Kingman, Kirklin, Kokomo, Ladoga, Lafayette, Lake Cicott, Lebanon, Linden, Lizton, Logansport, Lucerne, Marshall, Medaryville, Mellott, Mexico, Miami, Michigantown, Monon, Monticello, Montmorenci, Morocco, Mount Ayr, Mulberry, New Market, New Richmond, New Ross, New Waverly, Newport, Newtown, North Salem, Oakford, Onward, Otterbein, Oxford, Perrysville, Peru, Pine Village, Pittsboro, Remington, Rensselaer, Reynolds, Roachdale, Rockfield, Rockville, Romney, Rossville, Royal Center, Russellville, Russiaville, Sedalia, Sharpsville, Sheridan, Star City, State Line, Stockwell, Talbot, Templeton, Thorntown, Tipton, Twelve Mile, Veedersburg, Wallace, Walton, Waveland, Waynetown, West Lafayette, West Lebanon, West Middleton, Westfield, Westpoint, Whitestown, Williamsport, Winamac, Windfall, Wingate, Wolcott, Yeoman, Young America, Zionsville
City WebsiteLafayette Website
WikipediaLafayette Wikipedia Page

What Should I Do If I Can’t Pay My IRS Tax Debt?

The IRS has payment options available, in the event you can't pay the taxes you owe. Which choice might work for you ordinarily is dependent upon how much you owe and your current financial situation. Each option has different requirements and some have fees. People facing financial difficulties may find that there is a tax impact to events for example Lafayette job loss, debt forgiveness or tapping on a retirement fund. Most importantly, should you think you may have trouble paying your tax bill, contact the IRS immediately.

How Long Does an IRS Offer in Compromise Work?

The time at which the offer in compromise works often varies based on the payment option and your offer you opt for. Wait for approval that is written, then pay the remaining balance of the offer in fewer or five payments. Periodic Payment: Submit your first payment by means of your application. While your offer is considered by the Internal Revenue Service continue to settle the remaining balance in monthly installments. If accepted, continue until it is paid in full, to pay.

Does a Tax Attorney Need a CPA?

Tax attorneys specialize in the minutiae of the IRS tax code. They offer guidance in the areas of estate preparation, trusts, tax disputes, and company tax law, especially on complicated legal issues. Attorneys are powerful negotiators who construct arguments that best support a desirable position and assess case facts in light of the law. They may use the court system in ways that offer leverage in resolving tax cases in Indiana. Some tax lawyers help prepare your tax returns for a premium; tax attorneys are not accountants and are infrequently involved in filing taxes with the IRS, however. Thus, they may need a CPA when maximizing deductions and planning for future tax years.

How do I settle my tax debt for less?

An offer in compromise permits you to settle your tax debt for under the total amount you owe. If you can not pay your total tax liability it can be a valid alternative, or doing so creates a financial hardship. IRS consider your unique group of circumstances and facts: Skill to pay; Income; Expenses; and Asset equity in Indiana. They normally approve an offer in compromise when the sum offered signifies the most they can expect to accumulate within a fair period of time. Research all other payment options before submitting an offer in compromise.

Are Tax Lawyer Feeds Tax Deductible?

It's generally uncommon to take tax deductions from the attorney's fees. The general rule is straightforward enough: You can deduct your Lafayette attorney's fees you pay for if you are trying to make or collect taxable income, or to assist in collecting determining or obtaining a refund of any tax. Basically, you can take a tax write-off should you desire a lawyer's help to make money you must pay taxes on, or if an attorney helped you with a tax issue, like representing you in an IRS audit. In the event the legal fees are linked to taxes or taxable income, a tax write-off can be taken by you.

Can Tax Lawyers Really Help?

Yes, tax attorneys in Lafayette, IN can really help. It is very important to take care of your tax problems very carefully. IRS tax issues are sensitive and extremely critical issue and also a slight mistake in the process can cost you may even land you in jail and very dearly in the form of loss of money, time, can get you frustrated. The legalities involved in the procedure of tax settlement of your IRS taxes along with the tax laws could be extremely complicated and you may not comprehend it whatsoever. Thus, it's a good idea to hire a specialist in tax representation, who will have the ability to handle your situation in Indiana .

Can IRS Tax Debt Expire?

Yes, this is due to the fact that the IRS has ten 10 years to collect a debt. The IRS can no longer legally collect the debt after that time has passed and they write it away. The ten year period is measured from the date the tax was evaluated, not when it was originally due. If you never filed a tax return, but the IRS filed one for you using a Substitute for Return / 6020(b) evaluation, then the statute of limitations began running whenever that assessment was processed by the IRS on your own behalf. The date your debts expire is known in IRS-lingo as the Collection Statute Expiration Date, or CSED.

What should I Do if the IRS Rejects my Offer in Compromise?

In case the IRS rejects your offer in compromise, you need to place the following documentation in position and be prepared to make an application for an appeal regarding the offer in compromise: The 30-day letter rejecting the OIC; Worksheets that came with the rejection letter; Form 656, Offer in Compromise. Form 433-A, Collection Income Statement for Wage Earners and Self-Employed Individuals that you submitted to the IRS by means of your Form 656, Offer in Compromise. You should take note that throughout the self-help tool, where a Form 433-A or 433-B is mentioned, the Form 433-A (OIC) and 433B (OIC) may also be used.

Can Tax Debt Be Reduced?

Yes, your tax debt could be reduced. There are many ways to reduce the IRS tax debt of one. As an example, using the help of a CPA or a tax attorney in Indiana to assist in analyzing the taxpayer's situation and coming up with the most effective game plan to decrease the individual's Internal Revenue Service (IRS) tax debt is a great starting point. These tax professionals can give sensible advice on how to lower your tax debt and they are equipped with the knowledge on how best to take care of the Internal Revenue Service. If a citizen really has serious back tax debts, then a Lafayette tax professional can handle the amounts and come up with the best alternative to eliminate the tax debt.

Can a Tax Lawyer Reduce my Debt with the IRS?

Yes, a tax attorney can assist you to lower your debt with all the IRS because they specialize in the minutiae of the IRS tax code. They offer advice on complicated legal problems, particularly in the areas of trusts, estate planning, tax disputes, and business tax law. Tax lawyers are powerful negotiators who construct arguments that best support a desirable position and assess case facts in light of the law. They can use the court system in ways that provide leverage in resolving your tax issues. Your tax relief attorney be present during your audit can communicate with the Internal Revenue Service for your benefit and help negotiate a resolution in Indiana, if necessary.