If any of the following circumstances apply to you personally, you might regard them as a signal that you should consider hiring a tax attorney.
If you can’t remember the last time you filed an income tax return with the Internal revenue Service, you might want to employ an attorney to review your IRS account. Even if you do not owe the Internal Revenue Service any money, a tax attorney may be able to find refunds to which you are entitled, but have not collected.
If you receive an assessment letter in the mail from the Internal Revenue Service, it might be a good time to retain a tax lawyer. An assessment letter from the Internal Revenue Service means that the IRS has determined that you owe them money. The assessment letter is the first step in the collection process and it informs you what you owe and why. The assessment letter also indicates what penalties, fees, and interest have been incurred regarding the claimed debt. If you do not respond to the assessment letter, your Internal Revenue Service debt will continue to grow. If you have an attorney respond on your behalf, you should be able to work out a satisfactory settlement.
If the Internal Revenue Service files a Federal Tax Lien against you, you should immediately hire a tax attorney. A Federal Tax Lien will attach itself to all of your property. Everything you own becomes vulnerable under such a collections process. If the Internal Revenue Service has taken this step it is most likely because you failed to respond to several notices regarding a balance due and a Notice and Demand for Payment. At this juncture, you need to make payment arrangements in order to get the lien released. A tax attorney best undertakes this matter.
Once the Internal Revenue Service has filed a Federal Tax Lien against you, they will probably take even more action like attempting to levy your bank accounts. If you receive a Notice of Intent to Levy from the IRS, you need to hire a tax attorney, because you have only thirty days to stop the Internal Revenue Service from levying your bank accounts.
The IRS may, likewise, seek to garnish your wages. Under garnishment, your employer will remove the garnished amount directly from your pay and send it to the IRS.
If you own a business and the IRS levels a Trust Fund Recovery Act penalty against you, seek the counsel of a tax attorney. The Trust Fund Recovery Act Penalty is in response to non-payment of employee withholdings and it can be rigidly severe.