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You should definitely have someone who knows the system and the process involved at the very first stages of any inquiry of your tax return by anyone. You should immediately be informed of your rights, obligations, and how you can stay protected, even if you have made a mistake on your taxes. Simply put, you should not speak with anyone unless you first have consulted with a Tax Attorney who understands and is experienced with tax matters.
Many tax attorneys (myself included) offer a free, no-obligation consultation to determine the scope of your issue.
Many people don't realize that simple letters turn into formal inquiries, and formal inquiries turn into audits (also known as exams). Some people think they can call the IRS or the State, explain the situation, and hopefully talk their way out of it. This is definitely not the case.
Sometimes it's not just about money; it may also be about whether you knew or should have known that a particular deduction, expense, or other item on your tax return was correct. This is where you have to be very careful when communicating with the IRS and the State. It's not only about negotiation.
The bottom line is that you will never know until it's too late if your case is more complicated or if the case is going to become bigger or more serious. You should make sure that you are informed, armed with all the important legal and accounting knowledge on your side, before deciding to represent yourself before the IRS or a State Taxing Agency.
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What kind of attorney would I need to help with back taxes I owe?
You would need a skilled tax attorney to help you with back taxes that you owe. An attorney will be able to help you far better than you can help yourself because it is their job to know everything about taxes.
Can you find out if someone owes back taxes?
There are a couple of things you want to find out if you owe back taxes. One is that you can wait until you have been notified by the IRS (because they WILL notify you once they find it). You can contact the IRS directly if you feel that you owe taxes and work with them on it. Although, it may not be wise to alert them to your tax returns if you feel that you have paid what you owe. You can wait to see if they keep your tax refund and send you a notice stating that you owe back taxes. You can also take your tax documents to a CPA or a tax attorney to have them review your returns and verify taxes are or are not owed. It may be less expensive in the long run to do this because the longer you wait to pay the owed taxes, the more fees and interest accrue, therefore increasing the amount you owe. There are several companies out there that offer help with back taxes. If you owe more than $10K in taxes, then contact a tax attorney to help with possibly reducing fees and interest. To find a local tax attorney, you can call 877-925-8851 and they can help you decide what would be the best course of action for you.
How do I make arrangements for tax payment for taxes I owe to California Thanks, VHar?
How do I make arrangements for tax payments for taxes I owe to California?
How do I pay taxes?
Paying taxes is a fairly simple process through the IRS tax website. Simply access the site, create an account, and you should be able to access what you owe or fill out your tax information and the site will calculate what you owe.
Can a tax chart help you to figure out how much money you owe in taxes?
Yes, a tax chart help you to figure out how much money you owe in taxes. You can find a tax chart online.
What kind of attorney would I need to help with back taxes I owe?
You would need a skilled tax attorney to help you with back taxes that you owe. An attorney will be able to help you far better than you can help yourself because it is their job to know everything about taxes.
How can i get a settlement if I owe back taxes?
Before you head to court, you should be sure to first contact a tax attorney. The tax attorney, if knowing, will first file the proper complain and paperwork with the IRS. This step should resolve the problem. If not, further action can be made in court.
Can you find out if someone owes back taxes?
There are a couple of things you want to find out if you owe back taxes. One is that you can wait until you have been notified by the IRS (because they WILL notify you once they find it). You can contact the IRS directly if you feel that you owe taxes and work with them on it. Although, it may not be wise to alert them to your tax returns if you feel that you have paid what you owe. You can wait to see if they keep your tax refund and send you a notice stating that you owe back taxes. You can also take your tax documents to a CPA or a tax attorney to have them review your returns and verify taxes are or are not owed. It may be less expensive in the long run to do this because the longer you wait to pay the owed taxes, the more fees and interest accrue, therefore increasing the amount you owe. There are several companies out there that offer help with back taxes. If you owe more than $10K in taxes, then contact a tax attorney to help with possibly reducing fees and interest. To find a local tax attorney, you can call 877-925-8851 and they can help you decide what would be the best course of action for you.
What to do if I have never paid my taxes in Canada?
Consult a tax attorney soon! You could find yourself in big trouble if you owe lots of money.
How do I make arrangements for tax payment for taxes I owe to California Thanks, VHar?
How do I make arrangements for tax payments for taxes I owe to California?
Can estate taxes be done with an attorney?
Estate taxes are usually done with a tax attorney. So, yes, estate taxes can be overseen by an attorney who deals with taxes. Calling a tax attorney will better give you an understanding of how the process works.
How do I pay taxes?
Paying taxes is a fairly simple process through the IRS tax website. Simply access the site, create an account, and you should be able to access what you owe or fill out your tax information and the site will calculate what you owe.
Can a tax chart help you to figure out how much money you owe in taxes?
Yes, a tax chart help you to figure out how much money you owe in taxes. You can find a tax chart online.
Why would you owe taxes?
As far as federal taxes owed for earning a wage in the United States; anyone who has made over $8000.00 on a tax year has to file a tax return an in most cases will owe taxes to the government.Earning wages will cause you to owe taxes.
I owe a reasonable amount ($4995)and at present I don't have it. What can be done to avoid more taxes addedNathaniel Campbell?
If you owe the $4995 to the IRS, then your best bet is to seek the advice of a tax attorney. Tax attorneys can negotiate with the IRS to set you up with a payment schedule.
What are the tax consequences of a life insurance settlement?
You may have to pay capital gains taxes on a life insurance settlement in addition to any income taxes you might owe. Consult with a CPA or tax attorney to learn more about what tax consequences that a life insurance settlement may have.
What tax credit will reduce the amount of taxes you owe?
Child tax credit
