If you are dealing with tax issues, it may be time to explore your legal options. Our dedicated tax attorneys have focused their careers on helping individuals and businesses deal with tax debt, resolve controversies, and even handle litigation with the IRS.

Before you give up or file for bankruptcy, let our team review your finances and advise you of your options. There may be ways to address your tax debt or resolve your conflict without litigation. Reach out to a Naples tax attorney at Frost Law today.

Options for Resolving Tax Debt

Tax debt can feel overwhelming, but the IRS offers several methods for addressing these obligations without having to pay them all at once. Let a Naples tax lawyer advise you on the following:

Offer in Compromise

An offer in compromise allows eligible taxpayers to settle tax debt for less than the full amount they owe. It should come as no surprise that not everyone qualifies for this option, as the IRS will generally not agree to waive portions of what the government is owed. However, you could be eligible if you currently face serious financial hardship.

Installment Agreements

An installment agreement lets taxpayers pay their tax debt over time through monthly payments instead of all at once. The end result is that you still have to pay what is owed, but installment agreements let you do so over time. What’s more, the IRS will generally agree to suspend any collection efforts as long as you make your payments on time.

Penalty Abatement

What many people do not realize is that penalties frequently make up a large portion of tax debt. In some cases, the IRS might agree to waive some of those penalties if you pay down your actual tax obligation.

Currently Not Collectible Status

Taxpayers who cannot afford to pay anything may qualify for currently not collectible status. This is a temporary fix, as the government will pursue collection efforts in the future if you find yourself on firm financial footing again.

Can I Have an Attorney for an Audit?

If you are facing an audit, you have the right to seek guidance from a Naples tax lawyer. An audit can be stressful and time-consuming, especially when your financial issues are complex. Having an attorney allows you to avoid dealing directly with the IRS while ensuring that all your responses are appropriate and submitted on time.

Our firm can assist with the audit process by preparing documentation and responding to IRS inquiries. What’s more, we can also attend audit meetings on your behalf when the tax authorities have requested a face-to-face meeting. Having an attorney is especially important in cases where you are behind on your taxes or are concerned about omissions in your paperwork.

IRS Tax Litigation

While most disputes between taxpayers and the IRS are ultimately settled, some end up in court. Litigation can involve a range of issues, from unpaid taxes to disputes over assessments. Our team can play a vital role in every phase of the litigation process. Our work starts with advising you on potential outcomes early on, including whether you are likely to succeed. If your case moves forward, we can handle every aspect of representing you in court and building your case. If litigation is unavoidable, you need legal counsel in Naples that you can count on.

Talk to a Tax Attorney in Naples Today

If you are facing a tax issue, you should never deal with it on your own. Our dedicated team at Frost Law is here to advise you of your options while protecting your rights. Call now for a confidential consultation with a Naples tax attorney.