Detroit Tax Lawyer
Owing back taxes is a stressful and overwhelming situation to be in, but there is a way to fix it. Partnering with a Detroit tax attorney at the W Tax Group can help you put your tax liability behind you for good.
No one wants to be indebted to the IRS, but it can happen more easily than you think. One wrong move on a tax return can set you back thousands of dollars. Paying a large sum of money isn’t easy for everyone—unless you happen to be wealthy. So what do you do?
You might just try to ignore it, hoping you’ll be in a position to pay the sum at another time. You put it off and it just gets harder and harder to pay that growing tax bill. Before you know it, you’re drowning in tax debt and the Internal Revenue Service (IRS) collectors are ramping up the pressure.
Where should you look to solve your tax liability dilemma? How can you fix this? You can contact a Detroit tax lawyer. There are ways to resolve your tax debt, and now is the time to act—before it’s too late and you lose everything you’ve worked so hard to build.
What Can the IRS Do?
Legally, the IRS has many options for collecting your tax debt. In fact, the IRS has more options than any other debt collector. The following are some of the methods the IRS can use to convince you to pay your taxes:
- Collection Letters and Phone Calls – For some, these letters and phone calls are enough to get them to pay their taxes. They will sell off property or find other ways to pay their bill. These notices can be threatening and intimidating and can lead to stress, anxiety, and fear.
- Wage and Bank Levies – The IRS can take money right out of your paychecks and bank accounts. Only a fraction of your money will be left for you to buy necessities like food and clothing. Seeing your bank account emptied is a terrifying prospect. How will you pay your other bills?
- Liens – The IRS can place liens on your property. A lien is a legal interest in a debtor’s property. It means the debtor can’t sell that property without paying off the liens on it.
- Home Levy – Yes, the IRS can take your home if you don’t pay your taxes. Obviously, the agency will do this as a last resort, but if you fail to communicate and haven’t paid any of your tax debt, the IRS does have the legal right to seize all of your personal property with the intent of selling it to pay off your tax liability. That includes your home.
How Can a Detroit Tax Attorney Help You?
As you can see, tangling with the IRS isn’t a great experience. Despite the harsh penalties it can impose, the IRS does actually want to come to an agreement with you. If you make efforts to resolve your tax debt, this will go a long way toward slowing any extreme measures on the part of the IRS.
When you’ve been faced with threatening letters and phone calls or your wages have been garnished, you need to act quickly to prevent any further negative outcomes. Working with a tax attorney in Detroit can greatly improve this situation. Your lawyer can analyze your case to find a solution that will work for you.
Your lawyer will look at your income, the extent of your tax liability, your other expenses and debts, and your assets to put together the best plan of action. Together, we can tackle your back taxes and find a way to put this whole mess behind you. Here are some of the ways your tax lawyer in Detroit can help:
- Release Liens – Depending on your situation, it may be possible to get the IRS to release a lien on your property. If the IRS can be shown that a lien release will help you pay your taxes, it may agree to release a lien on your property.
- Get the Threatening Letters and Phone Calls to Stop – Your lawyer can communicate with the IRS on your behalf, showing the agency that you’re taking your tax debt seriously and trying to resolve it. This may help convince the IRS to slow or even stop collection calls and letters.
- Release Levies – As with liens, it is possible to convince the IRS that a levy is an unfair hardship for you. When you show the IRS that losing your home would actually make it more difficult for you to pay your taxes, it may consider releasing the levy. If you begin making efforts to pay off your taxes in other ways, your Detroit tax assistance lawyer may be able to get a levy released.
- Help You File Back Tax Returns – If you haven’t filed your taxes for a few years, you may be overwhelmed at the prospect of filing them all at once. Your tax help lawyer in Detroit can see to it that your back tax returns get filed, and then we will put a plan in place to help you pay for any back taxes you owe.
- Assist You with a Settlement – An offer in compromise is when you offer the IRS a settlement for your tax debt. A settlement is when you pay less than the full amount owed. Your attorney can check to see if you’re eligible to make a settlement offer. If this program is right for you, you may be able to get your taxes taken care of all at once and never look back.
- Set Up an Installment Agreement – Installment agreements are essentially monthly payments on your tax debt that the IRS has agreed to. If you set up an installment agreement, the IRS may reduce or stop penalties on your account. You will continue to accrue interest while you’re making payments, though.
You do not have to continue living in fear of the IRS and what it can do to you. Instead of wondering what’s going to happen next, make a move of your own. Get up and fight for your freedom from worry and stress. Tax debt can become a thing of the past if you contact a Detroit tax help lawyer who can help you set things right.
Speak with a Detroit Tax Attorney Today
You didn’t get behind on your taxes on purpose, but these things happen. Suddenly, you found yourself drowning in back tax debt and didn’t know what to do or where to turn. Here’s the good news: There are solutions to tax liability. The first and most relieving step you can take toward a resolution is contacting a tax lawyer.
A lawyer can help you come up with a plan to pay off your taxes for good. Your attorney can also communicate with the IRS on your behalf, taking away those negative communications you don’t want to have.