Want to know how you can legally avoid paying a major portion of your tax debt?

Our team of legal experts can show you how, within 15 minutes on the phone

Which IRS Programs You Qualify For
How Much You Can Legally Avoid Paying
Exactly What Steps to Take Next

Take the 59sec Tax Savings Calculator Now to Find Out:

1 of 6

1) Who do you owe tax debt to?

2) About how much do you owe in tax debt?

3) Do you have un-filed back tax returns?

4) Have you had a wage garnishment, tax lien or bank levy?

5) Have you received threatening or confusing letters from the IRS?

6) Great! Now we just need to know where to send your results to?

BBB Accredited
iVouch
TrustPilot Reviews
TrustLink

Verified Client Results:

100% US-Based Staff

Proudly Serving Cleveland, and All of Tennessee

Here's How the Process Works:
1

Free Initial Consultation and Financial Analysis

15 Minutes - We will go through your entire financial situation, step-by-step and see what programs you qualify for, determine how we can help, and answer any questions that you may have.

2

Research & Investigation

4-7 Days - Using the Power of Attorney, we will work with the IRS to determine what evidence they have against you (without disclosing anything), so we can create a plan of attack.

3

Fight for the Best Resolution

1-3 Months - After learning exactly what they have against you, we will negotiate with the IRS on your behalf, removing all the penalties we can, and fighting for a great settlement for you.

4

FREEDOM!

Forever - Once your tax burdens have been lifted, you can go on living your life again! You will finally be free of the burdens chasing you, and can start fresh with no tax debt!

If you take action now, you can prevent future amount increases later

Highly Experienced Cleveland Tax Lawyer

Give our Cleveland Office a Call Today

One of the worst things you can do with IRS back tax debt is continue to neglect it for decades at a time. The Internal Revenue Service loves to add on interest costs and additional fees to the total amount you owe, and will stop at nothing to collect that money.

They’re the largest collection agency on the planet, and we firmly believe that no one should have to face them by themselves again.

For many people, having a gigantic government agency constantly harassing them with letters, notices and revenue officers is a horrible idea.

That is why our Cleveland team is here to assist you. You no longer need to face the IRS on your own, and certainly will have someone in your corner.

With just 15 minutes on the phone with our pros, you will learn what to do next, and exactly what you will qualify for.

Give our Tennessee team a call now!

Let our attorneys deal together with the Internal Revenue Service and state of Tennessee, so you could concentrate on running your company.

The Internal Revenue Service is a formidable collection machine for the Federal Government, and they’re going to accumulate, in case your business has dropped into IRS or Tennessee company tax debt. So, if your business has overdue taxes like payroll tax debts there isn’t any need to scurry for cover (and remember – never conceal) even in the event you know little or nothing about dealing with IRS business tax debts. There are seasoned professionals ready to help.

Un-Filed PayRoll Tax Filings

The IRS looks at payroll tax – taxes imposed on companies and workers – from two views:

  • (a) Taxes an employer pays the IRS predicated on the wages paid to the employee (known as withholding tax’ and is paid out of the companies own funds) and
  • (b) A percentage of wages the employer deducts from an employee’s wages and pays it to the IRS.

The company ends up footing the bill for both the kinds of taxes as the withholding tax results in lower wages.

Tax Repayment Schedule

The program of these payments depends upon the average amount being deposited (based on the look back period’ – a twelve month period ending June 30). This payment program may be monthly or semi weekly.

In case you are a company that is new and did not have any workers during your look back interval’ or in case your entire tax liability is up to USD 50,000 for your appearance back period’, you must follow a monthly schedule.

If your payroll tax liability is less than USD 50,000 you’ll have to follow a semi-weekly deposit schedule. You will fall into a payroll tax debt should you don’t pay your taxes on these days. You need to seek the professional services of tax professionals keep from falling into payroll tax debt and to guide you through this labyrinth of procedures and steer clear of substantial penalties.

Handling Unpaid Tax Debts

Revenue collected through taxes including payroll tax are spent on capital plans such as; health care, social security, unemployment compensation, worker’s compensation and at times to boost local transport that carries many workers to and from work.

When you need to deal with IRS tax debts, it truly is extreme important to stay in contact by means of your IRS officials – never prevent or conceal from them. Most IRS penalties contain a compounded interest rate of 14% this can turn a business turtle in an extremely short time dealing with IRS company tax debt it predominant.

How a Professional Cleveland Tax Professional Can Help

Being in an IRS company debt situation is serious. You may have time on your side as the IRS is slow to start processing your account, but when they gain impetus things get worse for you. Nevertheless, you are not helpless. There are procedures you might be eligible for that a Tennessee professional can use his good offices with the IRS to help you over come your company debts.

Amongst others, you are in need of a professional’s help, for those who never have heard of an Offer in Compromise, Tax Lien Span, Uncollectible Status and Bankruptcy. Waste no more time, touch base with us now to get out of business tax debt and save your company from close.

So you don't have to pay all at once, an Installment Agreement can spread out your payments over time

So long as their tax debt is paid by the taxpayer in full under this particular Arrangement, they prevent the payment of the fee that is connected with creating the Deal and can reduce or get rid of the payment of penalties and interest. Creating an IRS Installment Agreement requires that all required tax returns have been filed prior to applying for the Deal. The citizen cannot have any unreported income. Individual citizens who owe $50,000 or less in combined individual income tax including penalties and receive can interest 72 months the sum of tax owed . If more than $50,00 in tax debts are owed, then the taxpayer may apply for a longer period to pay the debt. In some cases, a taxpayer may request a longer interval than 72 months to pay a tax debt of $50,000 or less. back

Benefits of an Installment Agreement

The agreement will lead to some important advantages for the taxpayer. Enforced collection action will never be taken while an arrangement is in effect. When the taxpayer can count on paying a set payment each month rather than having to worry about getting lump sum amounts on the tax debt, there will be more financial independence. The taxpayer will eliminate ongoing IRS fees and interest. The IRS will assist if the taxpayer defaults on a payment providing the IRS is notified promptly, the taxpayer keep the arrangement in force.

Obligations of the Installment Agreement

Some obligations have the Installment Agreement. The minimum payment must be made when due. The income of the incomes of taxpayers that were joint or an individual taxpayer should be disclosed when applying for an Installment Agreement. In some instances, a financial statement must be supplied. All future returns have to be submitted when due and all the taxes owed with these returns should be paid when due. This method of making monthly payments enable the taxpayer to request that the lien notice be removed. But, the lien could be reinstated in the event the taxpayer defaults on the Installment Agreement.

An Installment Agreement can be negotiated by the citizen with the Internal Revenue Service. Nevertheless, specific information should be provided and any advice might be subject to verification. For citizens a financial statement will be required.

How to Prepare to Apply

While citizens can apply for an IRS Installment Agreement, there are several precautions that should be contemplated. There are some circumstance which can make this a challenging task even though the IRS attempts to make applying for an Installment Agreement a relatively easy procedure. It is vital to get it right the first time the application is made, since many issues can be eliminated by an Installment Agreement with the IRS.

We are the BBB A+ rated law firm serving all of Cleveland and Tennessee, that may offer you expert assistance. Our many years of expertise working on behalf of citizens that have problems paying their tax debt with the Internal Revenue Service qualifies us to ensure approval of your application for an Installment Agreement.

A bank levy can be removed within 24-48 hours, but only in the event you act quickly and let our Cleveland team help you

Bank levies are charges levied on your Cleveland bank account when you’ve outstanding tax debt. Sadly, the process isn’t consistently smooth. In most cases, the institution ends up freezing all the money that is available in a given account for a period of 21 days to handle a person’s or a business’ tax obligation. During the halt, you can’t get your money. The sole chance of getting them at this phase is when the period lapses, when they’re unfrozen. Preventing the levy allows you to get your capital for meeting with other expenses.

When and Why Bank Levies Get Slapped On

The Internal Revenue Service bank levies are applied to your account as a last resort for you to pay taxes. It happens to people in Tennessee that receive demands and many appraisals of the taxes they owe the revenue agency. Failure to act within the legal duration of a tax obligation leaves the IRS with no choice besides to proceed for your bank account. This occurs through communication between your bank and the Internal Revenue Service. You may find that on a specific day in case you are not aware. The sum equal exclusively affects to your tax debt, but nevertheless, it can be more than that and you get a refund following the levy period. A closing notice is followed by bank levies for thinking to levy plus a notification about your legal right to a hearing. In a nutshell, the IRS notifies you of the pending bank levies. When used, the IRS can only require cash that was on the date a levy is implemented in your bank.

How to Have Your Levy Removed in Cleveland

There’s a window of opportunity for you to utilize to get rid of bank levies from your account. As you take measures to safeguard your bank assets, getting professional help is a sensible move that you simply ought to take. With a professional service helping out, it’ll be simple for you to understand when to take your money out of the bank. You can certainly do this by getting into an installment agreement.

They could be very complicated to execute while the solution seem simple. Have the resources to do so, you have to act fast, comprehend every part of the law and deal with associated bureaucracies levied by banks as well as the IRS. The smart move would be to call us for professional help with your IRS situation. We’ve got expertise and skills that have made us a number one pick for many people. For help and much more details, contact us for partnered tax professional assistance.

Quit letting penalties and interest fees eat up all of your money, and let our Tennessee penalty abatement system help.

Once the IRS hit on you or your firm with a tax bill, it generally appends interest charges and penalties. Some penalties, like late payments, they’re included by IRS computers.

The Internal Revenue Service assumes they are acknowledged by you in the event that you do not whine once penalties are inflicted. Luckily, the IRS can confiscate a fee just as straightforward as it included one. The key to the domain of the tax fee relief is demonstrating a practical reason for your letdown to mind with tax law.

The amount of tax code fines that are distinct is staggering. Below are some of the penalties that IRS will tack on to the debts of individuals who have not filed their back tax debts.

Incorrectness:

The Internal Revenue Service will impose a 20 % penalty on you if you considerably minimized your taxes or were unreasonably negligent. This precision-connected fine is employed when you are unable to set a tax write-off in a review, or you didn’t submit all of your income as well as the IRS learns it.

Civil deception:

If the Internal Revenue Service discovers that you were not reported your income with a deceitful intent, a penalty 75% can be attached.

Delayed Payment:

Usually, the Internal Revenue Service will add a fee from 0.25 % to 1% for each month to an income tax invoice, which isn’t paid punctually.

Not Filing on time:

The IRS can fine you an additional 5% per month on any outstanding balance, if you didn’t file your return punctually. However, this punishment might be employed just for the first five months after the due date of the return, equivalent to a 25% higher cost. The IRS can still impose lesser punishments, if there isn’t any outstanding balance.

When you know how as well as the motive the IRS hit on you with fines, you may demand that they eliminated or be abridged. The IRS name for this process is known as an abatement. About one-third of all tax fees are finally abated, and it will be more if you know the approaches to contest them.

Simply advising the IRS that you cannot manage to compensate it, or do not like a penalty, WOn’t work. You must show practical cause, which means an excellent supplication. Based on the IRS, any sound cause advanced as the reason for postponement by a citizen in making deposits, filing a return, when owed will be cautiously analyzed, or paying tax.

Ways to request for interest abatement and an IRS penalty

Enclose these documents with your written request.

  • Letter from a registered medical practitioner, describing your state that prevented you from filing your tax return on time.
  • Death certificate substantiating the bereavement of close relations or your blood.
  • A comprehensive report from the fire department if your property is damaged due to fire.

What to Do Next

In case you have been levied fees by the IRS, there are some simple and productive ways to get your tax fines or interest condensed or eliminated totally. We have been in the business for many years and we’re devoted to offer our customers a professional IRS fee and interest abatement service lawfully. Contact us today to resolve all of your tax problems and the associated fees imposed by the Internal Revenue Service on you or on your own Cleveland business.

Envision no more notices and letters being sent to your Cleveland house or business. Our team can help.

IRS Letters and Notices are sent to those who haven’t filed their tax returns or haven’t paid all of their tax obligation. The Internal Revenue Service is to blame for collecting taxes due from citizens to make sure that the Federal Government has the funds to conduct its business. The IRS assumes that taxpayers who are delinquent in filing their tax returns and who fail to pay their taxes are dismissing the reason why taxes are not unimportant. The IRS also assumes that taxpayers do not have a good rationale for not meeting their tax obligations. Aggressive pursuit of these citizens is the reason why IRS letters and notices are sent. Individuals who have filed their tax returns but never have paid all of the taxes which are due, will also get IRS letters and notices. For performing swift group activity, delinquent citizens are on the IRS radar. Taxpayers should recall the IRS does not need to commence any court action to levy wages, bank accounts and property. Pension income could be attached.

Many IRS letters and notices are sent to inflict a punishment on the citizen. Fees are prolific. In 1988, there were just 17 fees the IRS could impose, but now the different of penalties is 10 times that number. The IRS also has over 75 different letters and notices it can send to individual citizens. Some of these can surely become serious difficulties for the taxpayer.

Some Examples of Letters

Under-Reported Tax Debts

A notice that maintains a citizen has under reported their income is a serious question. Frequently, this may be accommodated readily, in the event the IRS claim is valid, but the taxpayer will be evaluated a fee and interest. Then the citizen might be accused of filing a fraudulent return, whether this notice crosses more than one year of tax filings. The fees as well as the interest will amount to an inconceivable sum of money irrespective of the perceived motive.

Notice of Wage Garnishing

A notice that threatens to attach property, bank account or a taxpayer’s wages is also serious. This notice follows letters which were sent to the citizen in an effort to solve the delinquency before it achieves the collection actions.

Notice of Property Liens

A notice saying that the IRS has filed a lien on the taxpayer’s property also follows this action to be taken by letters of intent. The notice will include the amount of the lien and the governmental agency where it was recorded. The Internal Revenue Service may also force the sale of the property to obtain satisfaction of the lien. If a sale is planned, a notice will be issued.

What you should do with a IRS letter

The taxpayer should never discount IRS letters and notices. Rather, they ought to promptly seek help with these potential dangers to their financial security. Contacting our BBB A+ Cleveland law firm is even more significant if notice or a letter was received.

Other Cities Around Cleveland We Serve

Address

Cleveland Instant Tax Attorney

20 N Ocoee St, Cleveland, TN 37311
Phone

(615) 745-3338

Customer Rating
Services / Problems Solved
Removing Wage Garnishments
Getting Rid of Tax Liens
Removing Bank Levies
Filing Back Tax Returns
Stopping IRS Letters
Stopping Revenue Officers
Solving IRS Back Tax Problems
Ironing out Payroll Tax Issues
Relief from Past Tax Issues
Negotiating Offer in Compromise Agreements
Negotiating Innocent Spouse Relief Arrangements
Penalty Abatement Negotiations
Assessing Currently Not Collectible Claims
Real Estate Planning
Legal Advice
Tax Lawyers on Staff
Steve Sherer, JD
Kelly Gibson, JD
Joseph Gibson, JD
Lance Brown, JD
Cities Around Cleveland We ServeApison, Athens, Bakewell, Beersheba Springs, Benton, Birchwood, Calhoun, Charleston, Chattanooga, Cleveland, Coalmont, Cokercreek, Collegedale, Conasauga, Copperhill, Dayton, Decatur, Delano, Ducktown, Dunlap, Englewood, Etowah, Evensville, Farner, Georgetown, Grandview, Graysville, Gruetli Laager, Guild, Harrison, Hixson, Jasper, Lookout Mountain, Loudon, Lupton City, Madisonville, Mc Donald, Niota, Ocoee, Oldfort, Ooltewah, Ozone, Palmer, Philadelphia, Pikeville, Reliance, Riceville, Rockwood, Sale Creek, Sequatchie, Signal Mountain, Soddy Daisy, South Pittsburg, Spring City, Sweetwater, Tellico Plains, Ten Mile, Turtletown, Vonore, Watts Bar Dam, Whiteside, Whitwell
City WebsiteCleveland Website
WikipediaCleveland Wikipedia Page

Does a Tax Attorney Need a CPA?

Tax attorneys specialize in the minutiae of the Internal Revenue Service tax code. They offer guidance on complicated legal problems, especially in the areas of tax disputes, estate planning, trusts, and company tax law. Attorneys are powerful negotiators who analyze case facts in light of the law and concept arguments that best support a position that is desirable. The court system can be used by them in ways that offer leverage in resolving tax cases in Tennessee. Thus, they might want a CPA planning ahead for future tax years and when maximizing deductions.

How Do You Get an Offer in Compromise?

You'll find step by step instructions and all of the forms for submitting an offer in the Offer in Compromise Pamphlet, Form 656-B. Your finished offer bundle will include: Form 433-A (OIC) (people) or 433-B (OIC) (businesses) and all necessary documentation as specified on the forms; Form 656(s) - individual and business tax debt (Corporation/ LLC/ Partnership in Tennessee) have to be submitted on separate Form 656; $186 application fee (non-refundable); and Initial payment (non-refundable) for each Form 656. Select a payment alternative. Your initial payment will vary based on your own offer and also the payment option you pick.

How Likely is the IRS to Accept an Offer in Compromise?

The IRS is most likely to approve an offer in compromise when the sum offered represents the most they can expect to collect within a fair time. You should be current with all filing and payment requirements, before the IRS considers your offer. You are ineligible if you are in an open bankruptcy proceeding in Cleveland. Use the Offer in Compromise Pre-Qualifier prepare a preliminary proposition and to verify your qualifications. You'll locate step-by-step directions and all the forms for submitting an offer in the Offer in Compromise Booklet, Form 656-B.

Does Tax Debt Affect My Credit Score?

Should you apply for a personal loan to insure a bigger-than-anticipated tax bill, the amount of the loan as well as your payment record will likely be noted in your credit reports. And also the loan application itself will count as an inquiry into your credit and this will definitely decrease your credit score a bit, although the fall is temporary. If you have to apply for a personal loan in Cleveland to cover a tax bill, begin by getting a free look at your credit strengths and weaknesses using a Credit History Card. Minimize loan applications by finding out a lender's minimum credit score requirements beforehand. Pick a creditor in Tennessee with credit conditions that fit your credit score.

Can Tax Debt Be Reduced?

Yes, your tax debt could be reduced. There are several ways to reduce the IRS tax debt of one. For example, applying assistance from a CPA or a tax attorney in Tennessee to help in analyzing the citizen's situation and coming up with the most effective game plan to decrease the individual's Internal Revenue Service (IRS) tax debt is a good starting point. These tax professionals can give sound advice on how best to lower your tax debt and they are more equipped with the knowledge on how to take care of the Internal Revenue Service. If a taxpayer truly has acute back tax debts, then a Cleveland tax professional can deal with the figures and produce the best solution to get rid of the tax debt.

Can I reduce my Tax Debt on My Own?

While you are able to try and solve you tax problems in your own right from your home in Cleveland, it is advisable to leave it up to a tax professional. If you were having a leak in your plumbing in the centre of the night, and also your cellar was flooded, the best method to solve the matter rapid is to call an expert. The exact same thing applies to tax problems. Save money yourself the time and hassle of attempting to figure it out yourself, and only leave it up to our Tennessee tax experts.

Can Tax Debt Be Included in a Chapter 13?

A tax debt will likely be treated in Chapter 13 bankruptcy depends on whether it is a priority or non-precedence tax obligation. Priority tax debts are not dischargeable in bankruptcy and you also need to pay them off in full through your Chapter 13 repayment plan. In comparison, non-priority tax obligations are treated the same as your other general unsecured debts (like credit cards and medical bills) and wiped out when you receive your discharge. Thus, you can not eliminate them only by receiving a discharge and filing for bankruptcy. If you file for Chapter 13 bankruptcy in Cleveland, you need to pay your precedence tax debts off in full through your repayment strategy.

How Much Do Tax Relief Companies Cost?

Tax resolution firms in Tennessee are everywhere, each with wildly fluctuating rates of integrity and competence. Most tax resolution companies' flat fees are contingent upon something, if it be your contribution or on a set amount of days spent on your own case. This is not completely unreasonable, but one thing is said by some companies and do the exact reverse. Make sure to read a company's contract . Some businesses verbally assure flat fees, but their contracts certainly summarize hourly rates. A set fee may be a good thing, because it motivates your tax expert to work hard to resolve your tax debt.

Can IRS Tax Debt Expire?

Yes, this is due to the fact that the IRS has ten 10 years to collect a debt. After that time has passed, the IRS can no longer lawfully accumulate the debt and they write it away. The ten year interval is measured from the date the tax was evaluated, not when it was originally due. In case you never filed a tax return, but the IRS filed one for you using a Substitute for Return / 6020(b) assessment, then the statute of limitations started running whenever that assessment was processed by the Internal Revenue Service on your behalf. The date that your debts expire is known in IRS-lingo as the Collection Statute Expiration Date, or CSED.

How Often does the IRS Accept an Offer in Compromise?

The IRS often accepts an offer in compromise when the sum offered represents the most they can expect to accumulate within a fair time. For this reason, you are advised to explore all other payment options before submitting an offer in compromise from Cleveland. The Offer in Compromise application isn't for everyone. Therefore, if you consider hiring a tax professional to enable you to file an offer, be sure to check their qualifications. Also, before they can consider your offer, you should be current with all filing and payment requirements.