Famous Houston Tax Attorney Irs Tax Settlement Houston Ideas

Houston Tax Attorney Blog (713) 9094906 from irstaxtrouble.com

Houston Tax Attorney: Helping You Settle Your IRS Tax Issues

Introduction

Dealing with the IRS can be a daunting task, especially if you are not familiar with the tax laws and regulations. The good news is that you don't have to do it alone. A Houston tax attorney can help you navigate the complex world of tax law and help you settle your IRS tax issues. In this article, we will discuss how a Houston tax attorney can help you with IRS tax settlement in Houston.

What is IRS Tax Settlement?

IRS tax settlement is an agreement between the IRS and the taxpayer to settle unpaid taxes for less than the full amount owed. This can be done through an Offer in Compromise (OIC), an Installment Agreement (IA), or Currently Not Collectible (CNC) status. A Houston tax attorney can help you determine which option is best for your situation.

Why Hire a Houston Tax Attorney?

Hiring a Houston tax attorney has several benefits. First, a tax attorney has a deep understanding of the tax laws and regulations, which can be beneficial when dealing with the IRS. Second, a tax attorney can help you negotiate with the IRS and work out a settlement that is in your best interest. Third, a tax attorney can represent you in court if necessary.

Offer in Compromise

An Offer in Compromise (OIC) is a settlement agreement between the taxpayer and the IRS that allows the taxpayer to settle their tax debt for less than the full amount owed. A Houston tax attorney can help you determine if you qualify for an OIC and can help you negotiate the terms of the agreement.

Installment Agreement

An Installment Agreement (IA) is a payment plan that allows the taxpayer to pay their tax debt over time. A Houston tax attorney can help you negotiate the terms of the IA and ensure that the payments are affordable.

Currently Not Collectible

Currently Not Collectible (CNC) status is a temporary status that allows the taxpayer to postpone the collection of their tax debt. A Houston tax attorney can help you determine if you qualify for CNC status and can help you negotiate the terms of the agreement.

Penalty Abatement

Penalty abatement is a way to reduce or eliminate the penalties and interest on your tax debt. A Houston tax attorney can help you determine if you qualify for penalty abatement and can help you negotiate with the IRS to reduce or eliminate the penalties and interest.

Conclusion

Dealing with the IRS can be overwhelming, but you don't have to do it alone. A Houston tax attorney can help you navigate the complex world of tax law and help you settle your IRS tax issues. Whether you need help with an Offer in Compromise, an Installment Agreement, Currently Not Collectible status, or penalty abatement, a tax attorney can provide the guidance and support you need. Contact a Houston tax attorney today to get started.

Share :