Louisiana residents may qualify for a program that could significantly reduce their back tax debt

Discover if you do from our BBB A+ rated team

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

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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!

Stop the on-going harassment from the IRS, and give our firm a call right away

Highly Experienced Lafayette Tax Lawyer

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Among the main problems that Lafayette citizens run into in relation to IRS back taxes is feeling overwhelmed and stressed about the money that they owe. With the IRS taking away property, money and assets, and even sending threatening letters and notices, revenue officers, it may be a very chilling experience.

We consider that no one should have to go up against the IRS alone.

It’s just not fair what they put ordinary tax payers through, and we believe they must not get away with it.

That’s why, for a restricted time only, those who are having trouble with back tax debt in the state of Louisiana, but more specifically Lafayette may qualify for a free 7 Day Free Trial of all our tax relief services. That means you do not pay a penny for the complete use of our seasoned team for a complete week.

30 Day Money Back Guarantee that is on top of our no questions asked. In case you aren’t satisfied for any reason with our service, simply let us know within 30 days, and you’ll get all of your cash back.

So what is it that you’re looking forward to? The longer that you put it off and wait, the more fees and interest charges the IRS will tack on to the amount that you owe. Take action and call our Lafayette team a call now to get started!

Give our Louisiana team a call now!

A seasoned law firm is your best shot of finally being free of tax debts that are back in Louisiana

Have you ever been fighting for several years with your back tax debts, and are eventually fed up with dealing with the Internal Revenue Service on your own?

Have they started sending letters and notices to your house or company, demanding you pay additional fees and interest costs for the amount you owe?

If so, the best thing yo ulna do is hire a tax law firm that is experienced and reputable to be by your side every step of the way. The great news is, our Lafayette company is the ideal candidate for the job, with an A+ business standing with all the BBB, thousands of satisfied clients throughout the nation (particularly in lovely Louisiana), and our own team of tax attorneys, CPAs and federally enrolled agents, all prepared to work on your case today.

The Internal Revenue Service is the largest collection agency on earth, with a huge number of revenue officers and billions of dollars set aside to chase great, hard working individuals like you for the money you owe. You shouldn’t have to face them by yourself. We don’t get bullied around like ordinary citizens do, and can use our private contacts to negotiate the resolution that you need.

Using seasoned Lafayette legal counsel in your tax dilemmas is similar to having an expert plumber come and repair your massively leaking water main.

Our crew of experts is standing by, ready to help you today!

When you have neglected to pay your taxes for a couple years, our Lafayette team can help you get back on track.

Have you forgotten to file your back tax returns for a number of years? We can help.

The W-2S and 1099 forms for every tax year are needed when filing your back tax returns, you receive. In the event you’re eligible to credits and deductions; you will have to gather any other supporting document which will prove your qualifications to the claim.

You should make use of the form to request for 1099S, W-2S which should provide support for your tax write-offs. IRS will offer you a transcript including the information you are required to file your tax returns.

Additionally, your back tax returns should be filed by you on the initial forms for that tax year. Start by searching the IRS site for them. Once you have assembled all the pertinent files, double check to ensure you are using the instructions linked to exactly the same tax year you’re filling returns for. Tax laws are constantly changing and using the wrong directions may require the filing procedure to be started by you once more. Finally, you should submit all of the forms to the Internal Revenue Service through the address given.

What to Do With Un-Paid Tax Returns

As possible, in case you have any additional income tax for the preceding years, you need to include as much payment. This fashion in which you will reduce interest charges accumulation. Unlike the tax fees which halt once they’re at the maximum to accumulate, the monthly interests continue to accumulate until the tax has been paid by you. After your tax returns have been received by the IRS, they will send you a notice of the precise quantity that you must pay as a fee and interest rate.

If you are unable to pay your tax returns in full, you may need to work together with the IRS. Nevertheless, you should note the past due debts and taxes that are back, can decrease your federal tax refund. Treasury offset application may use part or your whole federal returns to settle any unpaid state or federal debt.

You need to know that the Department of Treasury’s of the Fiscal Service, the Bureau of the Fiscal service or only BFS – runs the program that is offset from the treasury. It may use your complete tax refund or component to pay some debts which include unemployment compensation debts, student loans that are delinquent, and parent support. You may be entitled to part or the whole cancel, in case you have filed tax returns jointly with your partner.

But if you owe any shared duty payment, IRS can offset the liability against tax refund due to you personally.

What You Should Do If You Have Neglected to File

You can consult our BBB A+ rated Lafayette tax law company for help in the event you have not filed your back tax returns for many years.|} Our team of specialists in Louisiana is always prepared to help you solve your problems and in addition they are always prepared to answer your questions.

In the event you have had a bank levy put on your own property or accounts, let our Louisiana team remove it within 48 hours for you.

Bank levies are charges levied in your Lafayette bank account when you have outstanding tax debt. Regrettably, the procedure is consistently rough. In most cases, the institution ends up freezing all the money that’s available in a specified account for a period of 21 days to handle a person’s or a business’ tax obligation. During the freeze, you cannot get your cash. The sole chance of getting them at this stage is when they are unfrozen when the period lapses. Preventing the levy allows you to access your capital for matching with other expenses.

When and Why Bank Levies Get Applied

The IRS bank levies are applied to your account as a final resort for you to pay taxes. It occurs to those in Louisiana who 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 other than to proceed for your bank account. This happens through communication between the Internal Revenue Service and your bank. In the event you are oblivious, you will find that on a specific day. For meaning to levy and also a telling about your legal right to a hearing bank levies follow a final notice. In a nutshell, the IRS notifies you of the pending bank levies. The IRS can just take money that was in your bank on the date a levy is used when used.

How to Get Your Levies Removed in Lafayette

There is a window of opportunity for you to utilize to get rid from your account of bank levies. Getting professional help as you take measures to safeguard your bank assets is a wise move that you simply ought to take. By being a step ahead of the IRS you eliminate the bank levies. With a professional service it’ll be easy that you understand when to take your cash out of the bank. You also need to enter into a payment arrangement with all the Internal Revenue Service to prevent future bank levies, before the bank levy occurs besides removing your funds. You can certainly do this by getting into an installment agreement. You may also appeal and seek qualification for ‘uncollectable status’. Lastly, you can go for ‘offer in compromise’ as a means to get tax forgiveness.

They could be quite complex to implement while the alternative sound simple. You must act fast, have the resources to do so, understand every facet of the law and deal with associated bureaucracies levied by banks and the IRS. The smart move would be to call us for professional help by means of your IRS scenario. We have experience and skills which have made us a number one choice for many folks. For partnered tax professional support, contact us for additional information and help.

A 15 minute consultation with our Lafayette team can help possibly save you tens of thousands of dollars

What is it

Essentially, it refers to the kind of deal between the person facing the tax problem (tax payer) and the IRS Company which helps the tax payer in this case to settle his or her debt. The IRS and/or state of Louisiana helps the customer faced with serious tax problems by paying or rather bailing them out up to less compared to the sum owed. Yet, not all taxpayers that are distressed qualify for IRS Offer in Compromise Deal. This really is solely after appraisal of the client was carried out, because qualification relies on several factors. The IRS Offer in Compromise Arrangement plays an instrumental role in aiding citizens with financial challenges that are distressed solve their tax problems. This means the IRS functions as the intermediary that helps the citizen pay their tax debt in the handiest and flexible fashion. The primary interest and point of focus is the compromise that perfectly satisfies the needs of both the taxpayer and the Internal Revenue Service (IRS).It is a good idea to note that the taxpayer must make a valid and proper offer vis-a-vis what the IRS considers their honest and exact potential to pay.

What Does it Take to Qualify?

Filling the applications does not ensure the Lafayette citizen an immediate qualification. Instead, the IRS begins the overall appraisal and evaluation process that may render you incapable of settling your taxes. These programs are then supported with other related records that will be utilized by the IRS to determine the eligibility of the taxpayer for an Offer in Compromise Agreement. Yet, there are a few of the few qualifications process that has to be matched totally be the citizen. All these are the three basic tenets of qualification that each and every citizen seeking help from IRS must meet to be able to be considered.

What to do now

Then our BBB A+ rated tax law firm helping Lafayette is there for you to help negotiating an IRS Offer in Compromise arrangement therefore if you’re just one of those taxpayers in need of care and guidance when it comes to IRS. This really is an amazing law firm that may function as a yard stick for those who demand proper help in negotiating for an IRS offer in compromise agreement. Don’t hesitate to contact them because they’ve a good security reputation and a powerful portfolio. They’ve a team of dynamic and competent professionals that are constantly on hand to help you. Try them today and experience help like never before. It is simply the greatest when it comes to dialogue of an IRS offer in compromise deal.

You have to act quick to prevent future levies, if you've had a tax lien put on property or your house

What is a tax lien?

The lien cushions the claim of the authority to all your present property, inclusive of financial, personal and real estate assets. Liens typically record the exact figure owed to IRS in the precise time that it’s imposed in a public document called the Notice of Federal Tax Lien. The document notifies creditors that the government has a right to seize your property at any particular time. This particular information is conventionally acquired by different credit reporting agencies consequently tax liens ultimately reflect on your own credit reports.

Federal tax liens can simply be prevented from being lodged by paying up all your tax dues and also before the IRS choose to levy a lien in your assets. They can also be evaded through establishing payment agreements which adequately satisfy the requirements of the IRS as not to file a lien. A federal tax lien is unable to be filed if a taxpayer chose to prepare a streamlined or guaranteed payment accord. Such deals require the citizen maintain a balance of $10,000 or a figure less than that for the guaranteed payment and for that is treaty the streamlined arrangement , it should be $25,000 or less. In a predicament where the taxpayer owes more than $25, 000, a tax lien may be prevented if he or she a streamlined accord. lays out tries their best to reduce that special outstanding balance to exactly $25,000 or less and alternatively There are just two methods of removing tax liens: withdrawal and release.

How can I have my lien wiped away?

Taking federal tax liens is when the IRS resort to revoking the lien like it never existed. Whenever the lien is filled erroneously lien withdrawals normally take place. In a case where the tax lien is erroneously filed, contact the IRS when possible. The IRS agents will assess your account in order to substantiate that you’ve got no tax arrears then take the steps that are essential in withdrawing the lien.

Releasing a federal or Louisiana state tax lien usually means that the lien that is imposed no longer constrains your assets. Immediately after lien releasing, the county records will immediately be brought up to date to demonstrate that’s has been released. However,the existence of a federal tax lien will be exhibited in your credit reports for 10 years. Liens are usually released within a month of clearing the outstanding tax arrears or upon establishing the deals that were guaranteed and streamlined.

What to Do Next

 

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Address

Lafayette Instant Tax Attorney

600 Jefferson St, Lafayette, LA 70501
Phone

(504) 434-7740

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
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How Should I Calculate my Offer in Compromise Agreement?

Your first step in deciding whether to pursue an Offer in Compromise would be to estimate what the IRS terms your Reasonable Collection Potential (RCP). This is essentially the core of any Offer in Compromise and certainly will be the foundation of the Internal Revenue Service's decision concerning whether to accept or reject your offer, since the IRS requires that your offer equal or surpass your RCP. The Reasonable Collection Potential, basically, is what the IRS potentially and sensibly could expect to gather from you from the attachment of your wages and income in Louisiana together with from the seizure of your assets in order to settle the tax assessment against you.

What Should I Prepare for a Meeting with my Tax Lawyer?

When planning to meet with your tax attorney, there are a few things which you need to prepare. While you shouldn't be expected to haul in the contents of your whole home office, a reputable preparer should insist that you provide your forms W-2, 1099, 1098 and other verification of income and expenses in order to prepare a suitable return. You should not use a preparer willing to e-file your return just by using a pay stub (that's against IRS rules). You should provide detailed advice regarding your fiscal situation on IRS Form 433-A, Collection Information Statement. This contains information that is verifiable about your cash, property in Lafayette, investments, accessible credit, assets, income, and debt. Along with property, your anticipated future income is also included by the RCP.

Are Tax Lawyer Feeds Tax Deductible?

It is generally uncommon to take tax deductions from the attorney's fees. The rule of thumb is simple enough: You can deduct your Lafayette lawyer's fees you pay for if you are trying to aid in collecting deciding or getting a refund of any tax or collect taxable income, or to produce. Basically, you can take a tax write-off if you desire a lawyer's help to make money you need to pay taxes on, like representing you in an IRS audit, or if a lawyer helped you with a tax issue. In the event the legal fees are linked to taxes or taxable income, a deduction can be taken by you.

What Should I Do to Prepare for an Offer in Compromise Agreement?

As a way to get ready for an offer in compromise arrangement, you need to ensure the following are included in your offer in compromise package sent to the IRS: Cover letter and memorandum comprising the facts and also a discussion of the law; Form 656-B (Pamphlet with forms) or 656-L; Form 433-A (OIC) or Form 433B (OIC) (not needed if Doubt as to Liability); Supporting records for Form 433A or B. In preparing an offer, make sure that you clearly say in the opening paragraph of the memorandum under what earth you are submitting the offer from Louisiana.

How Can I Get My Tax Debt Forgiven?

This is actually the process the IRS uses to immobilize the collection account. The bureau ceases as a way to give you time to get back on your own feet financially any attempts to enforce collection. While it is not a long-term fix to your Louisiana tax problem, it does help significantly by discontinuing property seizures and wage levies, bank levies. To obtain standing that is uncollectible, you should file a financial statement on Form 433A for individuals, and Form 433B for companies. The financial statement reveals the IRS that all the money you make is needed to supply living expenses that are necessary for your family.

How Do I Negotiate Sales Tax Debt with the IRS?

By contacting the IRS, you can negociate sales Tax Debt. The IRS will probably have contacted you already, by mail, to accumulate the entire amount you owe. Call that individual, and be sure to have all of your tax documents along with their correspondence ready. Request an Offer in Compromise. The IRS representative can help you discover if you are qualified for an Offer in Compromise, which will settle your tax debt for under that which you owe.

What should I Do if the IRS Rejects my Offer in Compromise?

In the event the IRS rejects your offer in compromise, you must place the following documentation in position and plan to apply for an appeal regarding the offer in compromise: The 30-day letter rejecting the OIC; Worksheets that came with the rejection letter; Form 656, Offer in Compromise. Form 433-A, Group Income Statement for Wage Earners and Self Employed Individuals that you submitted to the IRS by means of your Form 656, Offer in Compromise. You must take note that throughout the self-help tool, where a Form 433-A or 433-B is mentioned, the Form 433-A (OIC) and 433-B (OIC) might also be used.

How to Reduce Tax Debt to the IRS?

There are several methods to reduce the IRS tax debt of one. First, applying assistance from a CPA or a tax lawyer in Lafayette to assist in examining the taxpayer's situation and coming up with the most effective game plan to reduce the person 's Internal Revenue Service (IRS) tax debt is a good starting point. These tax professionals can give sensible guidance on how to reduce your tax debt and they are more equipped with the knowledge about how to handle the IRS. If a taxpayer really has serious back tax debts, then a tax professional can cope with the amounts and come up with the best alternative to eliminate the tax debt in Louisiana.

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 period is measured from the date the tax was assessed, not when it was initially due. Should 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 own own behalf. The date your debts expire is known in IRS-lingo as the Collection Statute Expiration Date, or CSED.

Will negotiating with the IRS result in a higher tax debt if they find something out?

When you are negotiating with the Internal Revenue Service and it happens that they find something out, they threaten you with charges that are serious and even may be harsh on you. This is a very serious situation, and one that you do not want to handle by yourself. There are times when the IRS has no choice but to pursue criminal charges. Generally, this really is caused by income tax evasion. The IRS will require start to send you notices in case you do not. The longer you go without reacting or paying the more it seems that you're hiding.