Little Rock Tax Attorney
When a taxpayer in Arkansas is faced with debt collections from the IRS, they can turn to a Little Rock tax attorney for quality service. These tax experts have a unique dedication to resolving unpaid balances quickly with a personalized solution. An individual that goes to a tax debt expert with notices from the IRS is on the path toward IRS debt relief. The IRS starts the process of collections by informing a client of their debt and any associated penalties that may occur if no payments are made. At this point, a taxpayer has numerous options for repaying their tax debt. A tax lawyer Little Rock will recommend settling the balance with a single payment for the full amount if possible.
When tax debt collections progress, a tax attorney in Little Rock may have to negotiate with IRS resolution offices to get a tax lien lifted. This action from a tax agency puts a hold on a debtor’s finances to guarantee that there are assets to collect if non-payment continues. Tax liens should be avoided at all costs. Not only is an individual kept from accessing all of their money, but their credit ratings decrease because of the tax lien. If a tax debt expert like Little Rock tax lawyer gets the tax lien removed, it remains a part of a credit report for seven years.
Tax agencies like the IRS follow up a tax lien with a variety of levy actions, depending on what needs to be done to collect a balance owed. Regardless of the form of levy, Little Rock tax attorneys can provide solutions. The company has divisions set up to manage the different methods of collections the IRS can put in place. As an example, a team of wage garnishment attorneys will work to get a taxpayer’s pay back to its usual amount by choosing an appropriate tax debt resolution and negotiating with the IRS. The experts at the office of a tax lawyer of Little Rock work in teams to make sure that each tax specialist can focus on the types of resolutions that will solve the problem to which they are dedicated.
For taxpayers that have the IRS sending notices of collections, there are solutions to settle tax debt without causing financial hardship. Little Rock tax lawyers take your personal details into account when choosing an IRS resolution program. You can reach out to these officials to receive advice in a free consultation. Tax debt settlement should be handled quickly to avoid increasing consequences. Regardless of what phase of collection you’re in, now is the time to get into good standing with the IRS. Call a tax attorney Little Rock today for personalized tax assistance!