When facing a complex tax issue or are experiencing IRS collection issues, you should consult the best Tax Debt Attorney in Tennessee. These attorneys will help you to navigate through the different IRS debt relief programs and prepare necessary supporting documentation for the IRS evaluation process. They will also guide you to qualify for the most appropriate IRS tax relief concession that fits your financial situation. In addition, they can also file and represent you in appeals to the Internal Revenue Service on your behalf.
Regardless of whether you are dealing with the federal or state department of revenue, hiring the best Tax Debt Attorney in Tennessee can save you time and money in the long run. These lawyers can provide guidance on everything from unfiled tax returns to filing an offer in compromise to helping you resolve a levy or lien. They can also help you with estate planning, family law, and business tax compliance.
You should also look at their experience in handling similar cases to yours and check their previous track record. You can find these details on their detailed law firm profiles, which also show the attorney’s biography, education and training, client recommendations, and more. By doing your research, you can be sure to hire a tax lawyer who is well-versed in the intricacies of both federal and Tennessee tax laws.
In Memphis, individuals and businesses face a variety of tax obligations, from filing a federal income tax return to complying with local sales and use taxes. They also need to keep up with employment, property, excise, and franchise taxes.
Dealing with the IRS can be stressful, especially if you have unpaid back taxes or are receiving notices of levy from the IRS. Fortunately, you can avoid these consequences by working with a professional Memphis tax attorney. They can negotiate an installment agreement or an offer in compromise to settle your debt for less than what you owe. They can also apply for currently not collectible status, which temporarily stops the IRS from collecting on your tax debts.
A qualified tax debt attorney can also help you discharge your tax debts in bankruptcy. However, it is important to note that only certain types of tax debts are dischargeable. This includes income, property, and excise tax debts that are at least three years old. In addition, you must have filed your returns accurately and on time.
Depending on the nature of your tax problem, you may need a Memphis tax debt attorney who has expertise in federal or Tennessee law. They can review your case, identify the best option for you, and represent you in negotiations with the IRS. They can also assist you with other tax-related matters, such as audit defense and defending against an IRS collections action.