Top reviewed IRS Attorney in Park City UT
Utah IRS Tax Lawyer
Tax Lawyer West Jordan Utah
When it involves individual and also organisation tax obligations in Utah, there are basically 2 government bodies that we collaborate with. First is the Internal Revenue Service, likewise called the Internal Revenue Service, and also the 2nd is the Utah State Tax obligation Payment or USTC. Both of these entities supervise of gathering and assessing tax obligations from organisations and people in Utah.
You ought to consider having an attorney prepare and file your taxes if you have actually set up complex trust funds, have business accounting problems, have had trouble with the Internal Revenue Service in the past, or if you are worried concerning an issue in either your individual or service tax obligation filings.
Furthermore, if you have actually gotten a CP 504 Notification from the Internal Revenue Service, or other tax notices which state that you have overdue taxes owing, or if you have not filed your income tax return in several years; you need to call our office for support on how to proceed in your specific situation.
Can You Decrease My Tax obligations to Pennies on the Dollar?
Sometimes we could lower or remove tax obligation all together.
For example, we have a client that is a high net worth individual. He spent his retirement cost savings with someone who scammed him, took every one of his money, and after that shed it all. That person was later criminally billed and afterwards, a few years later, our client got a notice from the Internal Revenue Service stating that he owed over $150,000.00 in taxes!
Picture his shock.
He had actually invested his retired lives funds and lost them and also currently he was stuck to a massive tax bill. We acquired a type 2848 (or Internal Revenue Service power of attorney) from him and also we got to work. We were able to decrease his tax obligation bill to zero. Our customer was really pleased.
Will the IRS Confiscate My Checking account or Garnish My Salaries?
If you have overdue tax obligations owing and no arrangement with the IRS for settlement of those tax obligations; after that, yes, the Internal Revenue Service has the ability to put a levy on your assets as well as start aggressive collection actions. Usually notifications will certainly come in the mail from the IRS before such activity is taken; nevertheless, we have actually seen situations where a partner or staff member has taken the mail as well as our client never received notice of the levy.
You should ensure all of your tax obligations are paid and your tax return submitted in a timely manner. If you are delinquent, we can do an offer in concession; an installation repayment agreement and even obtain you on non-collectible condition if required.
Just what is an Offer in Compromise?
An Offer in Compromise is when you supply the Internal Revenue Service much less loan compared to you presently owe on your back taxes to remove it off of their books and your own. We do a comprehensive analysis to identify your total assets pursuant to Internal Revenue Service requirements. What your total assets is exactly what you are called for to “supply” to the IRS in order to resolve your tax financial obligation.
We suggest that you talk to a lawyer concerning any type of Offer in Concession that you are considering. The info needed in the deal in concession as well as what reductions you are allowed could be really technological.
If you put incorrect info on the kinds, you can wind up having your deal rejected or rejected by the Internal Revenue Service.
The Internal Revenue Service has actually specifically trained agents that assess deals in compromise, so you need to be sure that you have a tax obligation lawyer in your corner who has done much of these types of situations.
Can a Service submit an offer in Concession?
Yes and No. This is an excellent question. If you business is shut a no more operating, you can submit a deal in compromise for your organisation. If your company is still operating, you could not file a deal in compromise. It will be turned down because the business is a recurring concern. The Internal Revenue Service sights organisations as well as earnings creating equipments for them. If you have an organisation, the Internal Revenue Service will assume that you could pay all of your back taxes completely. They will certainly want to place you right into an installation agreement or have you shut business.
Just what is an Installation Payment Agreement?
An Installation Repayment Arrangement is a layaway plan with the IRS or USTC. With the aid of our workplace, we could call the exhausting firm and also get you place on a layaway plan. We function to obtain any rate of interest, fines, as well as charges waived, removed totally or significantly minimized. We generally have to establish these repayment plans to be completed in 60 months. In some cases, they can be for less than the overall amount due and owing.
Utah Tax Lawyer that Deal with the IRS for you
Climb Regulation has several lawyers that are certified as well as routinely technique in tax obligation law, IRS negotiations, and also personal bankruptcy. We understand the neighborhood IRS earnings police officers and also we could even meet with the Internal Revenue Service representatives so you don’t need to.
We have workplaces throughout Utah, and our major office remains in West Jordan. We additionally accept tax obligation situations if you lie in South Jordan, Salt Lake City, Sandy, Midvale, Riverton, Draper, Magna, Alpine, Lehi, Tooele, Grantsville, American Fork, Pleasant Grove, Bountiful, Woods Cross, Lindon, Centerville, Orem, Park City, Midway, Farmington, Provo, Layton, and Heber City.
We wish to aid you with your IRS tax obligation issue. Call us today to discuss your situation either in person or over the phone.
Always remember that when you need the 5 star rated Tax Attorney West Jordan Utah to call us. Hey, most of us require help in some cases.
If you require assist with your IRS tax instance, give us call– we would like to help you with your injury instance, trial case, or other law matter.
Many thanks for seeing– until following time–.
Call Now 801-676-7308
office : 8833 South Redwood Rd, West Jordan, Utah 84088
This episode is for Midvale UT entreprenuers who need an IRS Tax Attorney in Utah.
Remember, if you live in West Jordan, Holladay, South Jordan, Bingham Canyon, Pepperwood, Cottonwood Heights, Salt Lake City, Sandy, Midvale, Riverton, Draper, Copperton, Magna, Alpine, Lehi, Tooele, North Salt Lake, Bountiful, Woods Cross, Lindon, Centerville, Orem, Park City, Farmington, Provo, Kaysville, Layton, Syracuse, Clearfield, Hill AFB, or Grantsville we are here to assist you with your debt relief plan.
8833 S. Redwood Road, Suite C
West Jordan, Utah
84088 United States
Telephone: (801) 876-5875
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