King County Tax Law Attorney Will Help Solve Your Tax Situation
Washington Law Firm Focused on Tax Matters
The complexities of the tax code and poor economic conditions have caused many people to encounter tax problems. But for every problem, there is a solution and the IRS will work with those who are upfront and honest about their situation and tax problems.
Many taxpayers avoid filing federal tax returns because they fear that they will owe a substantial amount of money that they are unable to pay. If you are in this situation, the IRS may allow you to enter into an installment plan to make payments against your back taxes. With the help of an experienced tax lawyer like Lana Kurilova Rich, you can negotiate a workable payment plan or determine if you might qualify for an offer in compromise or other solution.
Unfiled Tax Returns
Regardless of your situation, it is always best to file your taxes as soon as possible. Failure to do so may result in not receiving a refund if you’ve overpaid, or being assessed penalties and interest if you owe unpaid taxes.
Unpaid Taxes
As soon as the IRS realizes that you have unpaid taxes, it will begin the charge penalties and interest. As time goes on and the taxes remain unpaid, collection efforts will become more aggressive. The IRS will continue to make collection efforts until either the taxes are paid or some other type of payment arrangements are made.
IRS Audit
Although many people believe that the chances of an IRS audit are extremely low, the fact is a taxpayer is more likely than not to receive an audit during their lifetime, and an audit usually results in the taxpayer owing more in taxes than the original assessment.
If you are facing tax challenges in King County, Washington, the tax attorneys at Lana Kurilova Rich PLLC can give you options. Contact us online, or call (425) 289-0629 for an initial phone consultation today. There’s no need to come to our office – your case can be handled entirely via phone, email, and videoconferencing, no matter where you live.
