Dealing with taxes can be a daunting task and the stakes are often high. Even a single mistake can cost you a great deal of money and/or time. When you are facing tax issues with either the IRS or Tennessee Department of Revenue (DOR), it is important to work with a Memphis attorney who has experience dealing with state and federal tax law. Having a team of tax professionals by your side to help you navigate through the complex process can make all the difference.
Whether you have unfiled tax returns, tax debt, or are facing a pending audit, a Tennessee IRS Tax Settlement lawyer can help. An experienced tax attorney can review your case, answer your questions, and provide guidance throughout the entire process. In fact, an effective Tennessee tax attorney can represent you before the IRS and DOR, handle communications with them on your behalf, and even appeal a decision in Tax Court if needed.
Many individuals struggle with income tax debt. In fact, the IRS data shows that 18 million Americans owed $316 billion in tax debt at the end of 2022. The most common reasons for owing tax debt include filing late or failing to file tax returns, and not paying quarterly estimated taxes.
A Memphis IRS Tax Resolution attorney can help you determine the cause of your tax problem and find a solution. This may involve submitting an offer in compromise to settle your tax debt for less than what you owe or setting up a payment plan to pay off your debt over an extended period of time.
An experienced Tennessee tax attorney can also help you avoid severe IRS collections actions like wage garnishment, bank levies, and property liens. A DOR or IRS lien is a legal claim against your assets and property when you fail to pay back taxes, which is why it’s important to reach a tax resolution as soon as possible.
Represented a tax preparation firm before the IRS regarding a proposed penalty assessment for alleged violations of the Earned Income Tax Credit due diligence requirements. Administrative appeal filed and penalty was fully reversed.
Client operated a multi-million dollar landscaping company and failed to file several years of federal income tax returns. The IRS filed substitutes for returns (SFR) and a Notice of Deficiency, assessing tax. DeWitt Law represented the Client and challenged the SFR assessment in U.S. Tax Court. The Court set aside the SFR returns and accepted reconstructed tax return filings, reducing the client’s tax liability by more than $100,000.
If you need help with a Tennessee or federal tax issue, it’s important to seek the counsel of a qualified tax attorney right away. The sooner you address the problem, the easier it will be to resolve. Contact our team today to get started. We can help you file unfiled tax returns, settle IRS debt, and even fight a pending IRS collection action. Contact us to schedule your free consultation with a Tennessee tax relief attorney.
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