When Do You Need IRS Lawyer Attention?

When you are in the midst of a difficult tax situation with the IRS, the last thing you want to do is to let slip the fact that you cannot afford to make the tax payment on your taxes. In many cases this is due to a financial setback. In other cases, it can be because of the stress of the situation. In either case, if you keep putting it off, the IRS will find out and take action. To avoid this, you should hire a Fort Collins IRS Lawyer to assist you.


It is extremely important to make payment plans with the IRS when you encounter difficult tax situations. Failure to do so can result in criminal prosecution or even liens on your tax bill. At such times, a Fort Collins IRS Lawyer may be of assistance to you. They have extensive experience dealing with the IRS and with tax debt.


The IRS is known for being very thorough and if they discover that you have not properly addressed your tax liabilities, they will start an investigation. In some cases, the investigations may take several months to reach a conclusion. If you are in a tax liability case, it is advisable to seek the aid of a Fort Collins IRS Lawyer as early as possible.


When the IRS seizes possession of your property, they may demand access to any financial records that you may have. This is because they need this information in order to assess your tax liability. A Fort Collins IRS Lawyer will try to get all information in place that may be required for the assessment of tax liability. The records that they need may not necessarily be in the same location as where you currently live or may not be available to them immediately. They are aware that you may not be in a position to pay your taxes immediately but they will try to make some accommodation arrangements.


If you owe federal income tax, state income tax or municipal tax liability, you are advised to seek the advice of a tax expert as soon as possible. The IRS has mechanisms to collect monies and they use the system of forcing you to cough out the money, known as tariffs. You can choose to pay the tariffs or face other action by the IRS. A lawyer will help you in assessing your options in such instances. It is important to know that the IRS can only seize personal property or real estate, but they cannot, under any circumstances, take away wages or a civil service including the armed forces.


Taxpayers must remember that the very worst that the IRS can do to you is to jail you without even charging you a court fee. If you owe more than seven thousand five hundred dollars and you fail to appear at the scheduled hearing, you will receive a bail sentence. If you can prove that you are unable to pay, you will still be required to pay the penalty. It is highly inadvisable to let the IRS catch you unawares and then ignore them. Make an appointment with a tax specialist as soon as you realize that you owe additional tax.