Utica IRS Lawyer
- Whether you’re an employee or perhaps a business owner, there might come a time when you fail to file or pay your taxes. The reason could be the lack of time, you’ve overlooked things, or it could be a challenging time for you. It can be intentional or just an honest mistake. No matter what the reason was for your failure to fulfill your duties as a taxpayer, you could potentially face serious consequences with the IRS.
Fortunately, you can ask for legal help from experienced and brilliant Utica, IL IRS Lawyers. Defense Tax Partners is a leading tax law firm with a team of excellent tax attorneys who can help you settle your tax issues.
Call Defense Tax Partners at (312) 964-8355 for a Free Consultation!
Failure to File Taxes
If you didn’t file your taxes, you’d have to face a failure-to-file penalty. You’ll be charged a penalty of 5-25% of your unpaid taxes for each month that you are late in filing your tax return. There’s an additional fee of at least $135 or the total amount of tax debt- whichever’s less, if you’re 60 days or more late in filing your taxes.
The IRS may even file a tax return on your behalf, which means that you might miss out on tax credits or deductions that you may be eligible for. You might even miss out on a major tax refund if you don’t file your taxes yourself.
Failure to Pay Taxes
If you filed your taxes but didn’t pay them, you’d have to face a failure-to-pay penalty. You’ll be charged a penalty of 0.5-25% of your unpaid taxes for each month that you are late in paying your taxes. There will also be an interest in the total amount of your unpaid taxes.
Failure to Pay Back Taxes
If you failed to pay your tax debts, the IRS could file a Federal Tax Lien. A Federal Tax Lien is a public record that gives them the legal rights to your property since you owe them money. Your property will only be released within 30 days after you’ve fully paid your back taxes. However, there are instances when it can immediately be released if back taxes will be settled through a cash payment.
How Our IRS Lawyers Assist You
If you may be facing tax penalty, fraud, or evasion charges soon, getting the legal assistance of an IRS lawyer can help you a lot. If your situation is still fixable, you can even avoid getting in trouble with the law.
It’s a given that our IRS Lawyers in Utica, Illinois are very familiar with the state’s laws when it comes to taxes. We can give you proper legal assistance to find solutions to your tax problems. We’ll explore every possible option with you and walk you throughout the entire legal process.
Our IRS Lawyers can do negotiations with the IRS on your behalf. Our attorneys are highly experienced, so they know the best course to take so that the negotiation will result in a favorable outcome for you.
We’re professionals in the field, so we’ll treat your case as our top priority and not just ‘one of those cases.’ We’ll constantly communicate with you to make sure that we’re on the same page when it comes to handling your tax problems.
Let’s Talk- Compassionate Legal Advice
If you’re currently facing tax issues, it’s important to get help from a legal expert immediately. Defense Tax Partners can help you settle your tax debts and negotiate with the IRS. We’re one of the leading Utica IRS lawyers, and we can do a great job in handling all your tax problems. One of our excellent IRS Lawyers will take on your case and assess your current tax situation. We’ll work closely with you and come up with effective solutions to manage your tax problems.
Don’t hesitate and talk to our legal experts now. We also offer free consultations so we can fully understand your situation and give you the best legal options once you decide to work with us.
Call Defense Tax Partners today at (312) 964-8355 for your Free Consultation!