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Irs Tax Problem Which You Cannot Afford

April 15th has passed. You sent your taxes off, you're on top of your quarterly estimated payments, and you figure that you're set with your taxes until next year. Then you're hit by the IRS with a large tax problem. Can you afford your tax penalty? Can you appeal your tax lien? Where do you go from here?

Millions of taxpayers are faced with an IRS tax problem or two each year. Some IRS tax problems are relatively minor, like late fees due to late tax payments or late filing, and some are much more major, like an IRS tax lien problem, which could put your house, business, car, or other property in jeopardy of foreclosure.

Other common examples of an IRS tax problem include wage and bank levies, wherein the IRS seizes most of your cash assets and weekly wages to cover taxes or penalties due to them. There is also the IRS tax problem of having to pay for your spouse or ex-spouse's tax penalties or fraud because you filed a joint return with him or her.

If you're faced with an IRS tax problem, a taxation law firm of lawyers with expertise in these types of IRS tax problems could make the difference between lifetime debt and possible jail time and paying off owed debt at a manageable rate or all together eliminating IRS debt of which you are innocent.

An IRS tax problem lawyer will tell you that some IRS tax problems are an easy fix. Tax penalties that are based on late filing caused by an unforeseen emergency or by misinformation or lack of information that has been due to an honest mistake can often be appealed if you admit error or explain your circumstances and make the proper payments accordingly.

Irs Tax Problem Which You Cannot Afford

If you think that you've been improperly given a tax lien, an IRS tax problem lawyer can help you appeal the lien or, if you have been given ample warning by the IRS and were ignoring their letters, an IRS tax problem lawyer can at least help you settle your debt at a rate you can handle.

If you are held responsible for the debt incurred by your spouse or former spouse in which you had no part, your IRS tax problem lawyer may find that you qualify for Innocent Spouse Relief, which may separate you from liability all together or help you make small payments one a long-term basis or even make a small one-time settlement.

If your IRS tax problem is a wage or bank levy, your IRS tax problem lawyer can guide you through a wage or bank levy release to increase the amount of your paycheck or assets that you are able to take home each week.

If you or your spouse recently lost a job or you are faced with a large unforeseen medical bill, your IRS tax problem attorney may find that you qualify for an Offer in Compromise to the IRS, which will let you settle your tax debt for a small fraction of the price. However, only a small amount of taxpayers can settle their IRS tax problem for less than they owe, so be wary of commercials that claim that it's easy for anyone to settle their debt with the IRS for a fraction of the price. Only qualified attorneys can guide you through your solution to your IRS tax problem.

If you're faced with an IRS tax problem and don't know what to do, you can call a toll-free, 24-hour IRS Tax Problem Resolution Hotline at 1-877-PRP-IRSU (1-877-777-4778).

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