Experienced Massachusetts Tax Relief Attorney
I have focused my entire 40-year career on helping debtors find financial relief. As an experienced tax attorney, I have saved clients hundreds, even thousands of dollars with my in-depth knowledge of legal codes and tax regulations.
Following interesting cases by top tax lawyers and writing about financial relief, I keep current on what is happening locally and nationally to best serve my clients in the North Shore area.
Are you struggling with tax debt?
- Delinquent taxes
- Back taxes
- Wage garnishments
- Tax liens or levies
Contact my office for a free personalized case evaluation. Call (978) 922-8440 today.
Tax Relief Solutions
The best tax relief lawyer will tell you that a thorough understanding of your tax relief options is the best solution for your problems. I work with each client to get a full scope of your tax issues and the effects on your life—then I set to work to find the best solution to meet your needs.
Below I break down the different options that may suit your tax relief case. To see if you qualify for any of these options, speak with an experienced tax resolution attorney.
Offer in Compromise
An offer in compromise is an option allowing you to settle your tax debt for less than the total balance. To qualify, you must not already have an open bankruptcy proceeding.
The IRS will consider your circumstances, including your:
- income,
- expenses,
- asset equity, and
- ability to pay.
Generally, they approve an offer in compromise if the amount offered aligns with the maximum they can expect to collect within a reasonable amount of time.
The IRS will return your application if you have not filed all required tax returns or made any of the required estimated payments. In such a case, any amount included with the application will be applied to your balance due.
Installment Agreement
If you owe a significant amount and cannot pay in one lump sum, you may qualify to make incremental tax payments over several months or years with an approved plan. Paying over time can be a more affordable option to meet your tax obligation while avoiding garnishments, levies, and liens.
There is no guarantee the IRS will approve an installment agreement, but most applications are approved for balances totaling $10,000 or less. With more than $10,000 owed, you may still qualify for an installment agreement, but the IRS will require additional information before approving your request.
Penalty Relief
If you can demonstrate you are unable to meet your tax commitments due to life circumstances that are out of your hands, the IRS may grant penalty relief. To qualify for relief, you must show you have made all efforts to comply with pertinent tax laws.
Penalty relief does not save you from interest owed. If approved, your interest charge will reflect the reduced amount you owe.
What Do the Best Tax Resolution Lawyers Do to Save You Money?
A skilled IRS attorney will review your case and establish the best plan of action to mitigate your tax problems. They will communicate with the IRS on your behalf and negotiate tax settlements. If needed, they can also represent you in court.
When hiring a tax attorney to address your tax issues, verify they have experience handling your particular type of case. To best save you money, a qualified attorney must know the ins and outs of your tax predicament.
Tax Resolutions, Beverly, MA
Contact The Law Office of Barry R. Levine to schedule a personalized tax relief consultation. I will dig into the details of your case and provide a legal strategy to alleviate the severe tax burden you’re experiencing. Waiting to settle your tax obligations usually only costs you more. Don’t wait, call today.
Call Us Now For A Personalized Case Evaluation
(978) 922-8440