| For the best defense against IRS penalties contact a Tax Attorney |
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For the best defense against IRS penalties contact a Tax AttorneyWhen economic times turn tough, it’s not unusual for businesses to fall behind in paying their taxes. Tax law is complex and many organizations are simply not prepared to sort through the intricacies of the rules, or to understand the implications of failing to pay. Sometimes there simply aren’t sufficient funds to pay taxes; if orders have been falling off and it’s a choice between making payroll or paying the IRS, it isn’t surprising that sometimes companies choose to pay their employees. Unfortunately, the IRS doesn’t usually see it that way and not only will the back taxes still be owing, but penalties and interest will be applied; they even have the authority to close down the business if it fails to remit payroll taxes. A capable Tax Lawyer can help companies in this situation. The IRS largely assesses penalties for back taxes using an automated system. The computers don’t take individual circumstances into account and there’s no obvious avenue for discussion. It’s either pay up, or the company will face interest charges and additional penalties, with the risk of having assets seized. A Tax Attorney who is well versed in IRS code can negotiate with the IRS on a firm’s behalf, even helping to reduce penalties that have been imposed. After a consultation with the company about its situation and finances, a request for Penalty Abatement is filed with the IRS. It isn’t just companies that could use professional help. Filing your personal income tax return late will result in interest and penalties. Divorce can add complications to tax returns, especially if joint tax returns were filed in the past and one spouse ended up with much higher, outstanding tax penalties. The IRS can garnish your bank account to recover back taxes or even put a lien on your assets. If you are in need of Tax Relief now, contact Certified Tax Inc., for a free consultation by a professional staff that includes former IRS agents. Call 877-885-1528 or submit a request via the web site. |

Tax Attorney 

