Tax Debt Relief

Tax Debt Relief Lawyer in Houston

Experienced Tax Attorney Working Hard to Help Clients Overcome State and Federal Tax Debt Relief

If you are dealing with IRS tax debt, you may be feeling anxious about what you can do to protect your financial resources. If you owe the Internal Revenue Service (IRS), it can start charging penalties and interest on the money you owe. In other cases, unpaid tax debt can result in an IRS tax lien, bank account seizure, wage garnishment, property seizure, or even potential criminal charges.

Kisch Law Firm, PLLC, is a Houston-area law firm dedicated to helping clients navigate their tax obligations with confidence. Whether you have unfiled tax returns or other complex tax issues, contact our law firm today to schedule a no-obligation consultation so we can craft a tax resolution that will give you the peace of mind you deserve.

What are the Benefits of Hiring a Tax Debt Relief Attorney?

If you owe back taxes, you can face significant financial challenges that require the help of a tax debt relief attorney. A tax relief attorney has the knowledge and skill needed to manage complex federal tax problems, IRS procedures, and regulations.

When you hire an attorney, they will act as your legal representative with the IRS. Having a skilled attorney on your side can make all the difference between being ordered to pay steep fines or having your bank accounts or assets seized. Your attorney can identify strategic legal defenses and payment options that can help reduce penalties and make it easier for you to pay.

Kisch Law Firm, PLLC, is a tax law firm with comprehensive experience addressing the various issues clients may encounter when interacting with the Internal Revenue Service. Our Houston tax attorney recognizes that often individuals find themselves in situations that they cannot resolve independently. Dealing with IRS tax debt can be intimidating, especially if you are unaware of the various options available. Our knowledgeable attorney will gladly work to help you eliminate your tax debt, allowing you to enjoy the peace of mind you deserve.

What are Some of the Legal Strategies Tax Debt Relief Lawyers Can Use to Help Clients?

A tax debt relief lawyer can help identify practical solutions for managing your tax debt. Common legal strategies to reduce tax debt include:

Offer in Compromise

Offer in Compromise (OIC) is an agreement between a taxpayer and the IRS that allows the individual to settle their tax debt for less than the amount owed. An OIC is generally available to those who do not have the financial means to pay their IRS debt or doing so would cause financial hardship. Factors evaluated by the IRS include the individual’s income, expenses, ability to pay, and total value of their assets and any hardships they are experiencing.

Installment Agreement

An installment agreement allows a taxpayer to make monthly payments over a specified time frame. The goal of an installment agreement is to help an individual avoid wage garnishment or bank levies. There are several types of installment agreements available depending on an individual’s needs.

Penalty Abatement

The IRS will often levy steep penalties for those who fail to file taxes or have made errors on filed tax returns. The IRS offers penalty relief for several reasons, including those who have demonstrated a good compliance history or can prove that they were unable to pay due to circumstances beyond their control. Examples of circumstances beyond a taxpayer’s control include the death of an immediate family member or natural disasters, among others.

Why Should I Choose a Tax Debt Relief Attorney Over Other Tax Professionals?

If you are facing tax issues, you may be unsure of whom to turn to for help. The best option is to retain a tax attorney to assist you with your legal needs. Because tax debt relief lawyers work extensively with clients to help settle tax disputes, they are better suited to handle complex issues, such as IRS audits or more serious matters, including tax litigation, than a Certified Public Accountant (CPA) or an Enrolled Agent (EA).

One of the most significant advantages of hiring a tax debt relief lawyer is that they will ensure your legal rights are protected. Regardless of whether you owe state or federal tax debt, you must have a lawyer who will provide skilled legal advice on how to handle your tax liability. Any information that you share with your lawyer is protected under attorney-client privilege and will not be shared with the IRS agents.

A tax debt relief attorney will also negotiate with the IRS to try to reach an agreement that helps resolve your tax situation quickly and efficiently. Finally, if the IRS is unwilling to negotiate a favorable settlement, a tax attorney can represent you during tax litigation proceedings.

When Should I Consider Hiring an Attorney to Help Me With Tax Debt?

If you are dealing with the IRS, you may have trouble determining when you should hire a tax attorney. Several scenarios may be encountered when dealing with the IRS that require the help of a tax attorney:

  • If you owe a substantial amount of money to the IRS
  • If you have been scheduled for an IRS audit or are under investigation
  • You have been subjected to a tax lien, or the IRS is threatening to seize your assets
  • You disagree with the findings of your tax audit. Your attorney can help you challenge the decision, assist with filing an appeal, and represent you in litigation proceedings

Dealing with the IRS can be intimidating and is best handled by a qualified attorney who is confident under pressure. Our Houston tax lawyer is unafraid when it comes to dealing with the IRS and will vigorously advocate for your rights.

What Can Happen if I Don’t Seek Legal Help With My Tax Debt?

Unfortunately, tax debt issues will not resolve themselves independently. Failing to seek qualified legal representation can result in severe consequences if not resolved, including penalties for not paying or filing taxes, which include:

  • Accrued penalties and interest as the IRS starts charging interest effective as of the due date.
  • Penalties of 0.5% per month for the tax owed, which may increase to a maximum of 25%
  • A penalty of 5% to 25% penalty per month on unpaid tax for those who fail to file their returns on time. You must file your taxes on time, even if you cannot pay them at the time in question
  • Failing to pay estimated taxes on time can also cause taxpayers to have to pay a penalty if they owe more than $1,000 at the end of the year

Why Should I Hire Your Houston Tax Debt Relief Attorney?

Regardless of your legal needs, our Houston tax attorney is ready to assist you in dealing with taxing authorities or the IRS. When you come to us for help, we will professionally analyze your case and develop custom legal strategies to achieve a favorable outcome.

Contact Kisch Law Firm, PLLC today at 844-417-6343 to schedule a free tax consultation, and we can get started on your case.