Pensacola IRS Tax Attorney

Pensacola IRS Tax Lawyer

The Internal Revenue Service (IRS) can be involved in your life as a taxpayer in many ways, from filing your basic yearly taxes to auditing your tax information. You may even be in more severe disputes because of issues found in audits or your existing tax debt. A Pensacola IRS tax attorney can navigate these cases and work toward more beneficial resolutions from the IRS.

Hire an IRS Tax Attorney at TaxSmith, LLC

The team at TaxSmith, LLC, can navigate a wide range of IRS tax cases. We pride ourselves on transparent and actionable legal counsel on your tax issues, from employment taxes to addressing IRS collection actions. It can be stressful to deal with the IRS in any circumstance, and we understand the importance of informed decisions as a taxpayer. Taxes can be frustrating, so hire an IRS tax attorney who can help.

The right guidance on IRS tax laws can greatly improve your financial future. IRS agents are protecting the interests of the IRS. You should protect your interests with a Pensacola IRS tax lawyer.

What IRS Tax Cases Can an Attorney Help With?

An IRS tax attorney can help with several types of federal tax issues, both for individual and business taxpayers. Some of these include:

• Tax debt. Owing the IRS tax debt can be very stressful, especially when you don’t have the financial means to pay it back. Eventually, the IRS may take collection actions to secure the debt, like wage garnishment or bank levies. An attorney can review your options for dealing with the tax debt, which can include offers in compromise, payment plans, or Currently Not Collectible status.
• Tax preparation. An attorney can help you file your federal tax obligations, which is especially useful if you have complex financial circumstances or unpaid past tax returns. An attorney can avoid errors that can be costly in the future.
• Employment taxes. When you are an employer or business owner, you must pay payroll and employment taxes on a regular basis as a certain percentage of the payroll. These taxes have unique requirements, and an attorney can help you meet those obligations.
• Audits. IRS audits are often routine processes, but they can have more serious consequences if the IRS finds issues with your taxes. An attorney can prepare you for an audit and address issues upfront. If you don’t agree with the IRS’s conclusion in an audit, an attorney can assess your next steps.
• Investigations. The IRS can begin investigations into taxpayers if errors or discrepancies arise and appear more serious. In Fiscal Year (FY) 2024, the IRS initiated 2,667 criminal investigations into taxpayers.

There is an IRS Taxpayer Assistance Center Office located in Pensacola, off I-10. An attorney can represent you to the IRS directly or prepare you for a meeting or negotiation.

Why Do Audits Happen in Pensacola?

In FY 2024, the IRS conducted and closed 505,514 examinations, or audits, on tax returns in the U.S. The IRS conducts audits for three main reasons:

1. Random selection
2. Administrative error or a discrepancy in your information
3. Your interactions with a taxpayer who was audited for either of the above reasons

An audit is a review of your financial, employment, and other information to check them against what you reported on your taxes. They are largely routine processes, but they can become a bigger problem if the IRS finds an issue. That can lead to higher assessed taxes, penalties, or even criminal investigations.

The process goes more smoothly with an attorney, even when the process is straightforward, and there are no issues. An attorney can assess the information needed and review it ahead of the audit. They can let you know about any issues and how to handle them upfront. If the IRS assesses a higher tax, an attorney can determine the next steps that protect your interests.

FAQs

Q: How Much Does an IRS Tax Attorney Cost in Florida?

A: The cost of a Florida IRS tax attorney varies. It depends on the specific attorney you work with, their firm’s policies, their location, and their experience in tax law. It also depends on your case and the tax law services you need. If you need guidance to file your federal taxes, this will likely be a flat fee, which will be much less than the hourly rate charged for IRS negotiations or litigation. Talk with an attorney about costs upfront.

Q: Can a Tax Attorney Help With the IRS?

A: Yes, a tax attorney can help you with the IRS, so long as they are licensed to do so. Different tax attorneys have different scopes of practice in tax law, so make sure the attorney can represent you and negotiate with the IRS. At TaxSmith, LLC, we have the credentials and experience to work with the IRS, navigating tax debt or other complex issues.

Q: Is It Worth It to Get an IRS Tax Attorney?

A: It is generally worth it to get an IRS tax attorney, but it depends on your circumstances. An IRS tax attorney can handle many tasks, such as negotiating tax debt you can’t afford, preparing for and navigating an IRS audit, or helping prepare your taxes in complicated financial circumstances. An attorney can prevent costly collection actions and limit the likelihood of mistakes on your taxes that result in penalties.

Q: How Much Can You Settle Your IRS Debt For?

A: How much you can settle your IRS debt for depends on your unique situation and how you settle the debt. If you qualify for an offer in compromise, the IRS will generally accept an offer for what it thinks you can pay. In FYs 2023 and 2024, the IRS accepted 19,910 offers in compromise, which amounted to $377.9 million, or averaging $18,978.55 per offer, for those two years.

A Local Tax Law Firm to Help With Your IRS Tax Case

When you are dealing with the IRS, TaxSmith, LLC, can provide the guidance and support you need. Tax issues are frustrating, but you don’t have to handle them alone. Reach out to our team today and learn how our skilled attorney can help.