If you owe back taxes to the state of California or the IRS, then you should know that you have several tax debt relief options available. These include Offer In Compromise (OIC), IRS payment plans, penalty abatement, levy release, lien removal, and non-collectible status. A tax collector will typically handle your tax debt case. According to dallolawgroup.com, the award-winning tax law firm Dallo Law Group’s website, the IRS and state taxing agencies can levy your accounts and garnish your wages, so keep in mind that they can collect against anyone who owes back taxes even without getting a court judgment.
This is why it’s in your best interest to get in touch with and retain a top-rated and experienced California tax debt relief lawyer as soon as you start receiving notices or letters from the IRS. A reputable tax attorney that is also a certified public account ( CPA) is your best bet. Your tax law specialist will draw on their expertise and experience to effectively protect your rights against garnishments and asset seizure To understand why you should never ignore letters from the IRS ad at once see why some of them may be your ticket to stopping tax collection.
Offer in Compromise (OIC) is a popular tax debt relief option and there are several types of OIC including Doubt as to Collectability Offer, Doubt as to Liability Offer, and Effective Tax Administration Offer. An experienced and trustworthy California tax debt relief attorney will assist you in determining whether an OIC program is the right settlement option for you. It’s best for taxpayers to stay away from tax resolution firms that claim to have the ability to settle tax debt for just pennies on the dollar because they do not work with tax attorneys. If an OIC is not the right option, then a payment plan that allows you to pay your back taxes over a certain period in affordable monthly installments may be a better tax debt settlement option for you.
For more information about the different tax debt relief options available to you, feel free to access dallolawgroup .com where you can also fill out the online contact form, or alternatively, call San Diego tax law firm Dallo Law Group at 619-795-8000. to schedule a free, no-obligation consultation with one of the best tax debt relief attorneys in California and get your tax debt case expertly evaluated for free.