When it comes to hiring a Tax Attorney in Mammoth Cave KY, you will be charged an hourly rate. The hourly rate for tax attorneys in Mammoth Cave can vary anywhere from $200 to $400. Most tax attorneys require a prepayment, known as a retainer, that is based on how many hours the tax attorney expects to work on your case. However, if the retainer is not sufficient, the tax attorney will bill you for additional hours.
The IRS is authorized to seize your property and wages if you do not pay your taxes. When this happens, the revenue officer will be required to freeze your assets, and they may summon you to their office. While they will try to negotiate with you to resolve your situation, if your case is complex, a Tax Attorney may be required. There are many benefits to hiring a Tax Attorney in the case of a tax audit. The process can be difficult, so an attorney can help you get the best possible outcome.
Before you decide on an Offer in Compromise, you should first explore other payment options. The IRS will sometimes approve this option, so it’s important to understand how to make the most of this option. But if you have been unable to make payments for some time, an Offer in Compromise may not be an option for you. A seasoned Tax Attorney in Mammoth Cave KY can help you decide which payment option is best for you.
While you’re negotiating with the IRS, you’ll need to have solid grounds to prove that you were unable to pay your taxes. An example of a legitimate reason is a loss of employment or debt. If your income has decreased, you may qualify for a tax credit or deferment. This can help you get a lower penalty. If you’ve been assessed a fine, contact a Tax Attorney in order to discuss your options.
A knowledgeable Tax Attorney can help you navigate the complex tax landscape in your business. A Tax Attorney can help you understand the new rules and regulations regarding the collection of taxes. They can also help you find the best way to protect your business. So, why not contact a Tax Attorney to learn more about your options? You won’t regret it. The benefits of hiring a Tax Attorney are clear. If you’ve been struggling to pay your taxes, a Tax Attorney will help you get back on track.
The Office of Tax Appeals has extended the deadline for filing income tax returns. This change is in response to federal government guidance, and will impact individual taxpayers and businesses alike. The deadline has been extended from April 15, 2020 to July 15, 2020. As such, it’s important to retain an experienced Tax Attorney who will fight for your interests. If you have any questions, don’t hesitate to contact us today. We’d love to hear from you!