We’re proud to serve Owensboro, and will go the additional mile to ensure every client is treated like members of our own family.
A few of the tax relief services that we provide for the people of Owensboro:
- Removing IRS Bank Levies
- Negotiation of Offer in Compromise
- Removing IRS Tax Liens
- Payment Plan Negotiation
- Not Over-Promising Results
Our Kentucky firm can have your bank levies removed within 24-48 hours
Consequently, in order to recover the debt the writ authorizes the lender to retain the property owned by the debtor.
With instructions that the debtor seize impose the Owensboro personal property, the writ of execution is delivered by the lender to the sheriff in Owensboro. Typically, if the original debt is to a bank for amounts owed on credit cards, the creditor may request to be paid in liquid resources. When such cases arise, the creditor has the mandate to instruct the marshal or sheriff after getting the funds from the judgment-debtor’s account to transfer the funds to his or her account.
The creditor is not going to be discussed here although they can also impose other personal assets. Our Kentucky business consists of qualified bank levy lawyers who will assist you to do away with your present bank levy.
As a result, when you approach our firm with removing your tax levy to help you, we will take you through the following:
- Evaluate the judgment-debtor’s risk in connection with insolvency and wage garnishment;
- To be able to include the pros and cons in connection with submitting a Claim of Exemption form, debt settlement and filing bankruptcy, we’ll help their various legal options are understood by the judgment-debtor;
- Clarify the advantages and disadvantages of challenging a bank levy;
- Identify and clarify important dates and deadlines;
- Offer a summary of the bank-levy process; andClarify the legal significance of the legal paperwork.
An offer in compromise agreement is one of the best ways of legally paying a fraction of your tax debt.
You can consider using an Offer in Compromise Deal to settle your tax debt for less rather than paying the full amount that you owe in tax debts. If paying your complete tax liability creates a fiscal hardship, then this method can be a legitimate option.
There are unique criteria that is considered by the IRS in order to allow you the offer and they comprise:
- Asset equity
- Monthly Expenses
- Monthly Salary / Income
- Skill to pay.
So when the amount offered represents the most they are able to expect to collect within a reasonable time period, then the IRS can generally approve your Offer in Compromise.
Get an Expert’s Opinion
It is wise that you just investigate all other payment alternatives, before submitting an offer in compromise.
You also need to take note that offer in compromise program isn’t for everyone; hence you might want the assistance of a seasoned attorney to assist you choose on whether or not to try the arrangement.
Our Kentucky attorneys are well-familiarized against the techniques used to help our customers win their dialogues. We will help you determine whether you’re eligible and afterwards assist you in submitting your offer. We’ll subsequently follow up on the entire procedure and advise you on the most effective channel to follow.
If the IRS has placed a tax lien on your home or property, you need to act fast before they seize it. Let our KY experts help.
Often times, it is not a walk in the park in regards to dealing with tax liens. It subsequently becomes a tough and potentially scary situation when you find yourself in a scenario where the price takes its toll on your own assets and when ends are not meeting as you had planned.
Thus, you must promptly seek the counsel of a knowledgeable law firm when the Internal Revenue Service becomes involved in your business or private affairs.
Our Qualified Staff
We’ve qualified attorneys at our Kentucky business and they’ve helped many customers in removing their tax liens. We can assure you of finest quality legal representation in regards to removing your tax lien because we have handled numerous cases involved with tax liens.
Moreover, our tax lien attorneys have the relevant experience on all issues pertaining to appropriate Kentucky and national taxes. Our attorneys are well-trained and know the best way to deal with the IRS representatives. Also, we’ll take you through a brief lecture where we’ll give you comprehensive comprehension of the tax lien procedure.
Process and Strategy
At a point, we will allow you to help you develop a quality and successful strategy and work through the method, or possibly remove the tax lien altogether. On the other hand, there are several other possible means which we can utilize to assist you remove your tax lien or negotiate a payment while you’re paying your taxes back.
Our Kentucky pros are highly experienced in getting our clients the right payment plans that they can afford.
In situations whereby you’re financially unable to pay your tax liability in full, you could always opt for an Installment Agreement.
Yet, there are a lot of individuals who are really not yet familiarized with the techniques required in going about an installment arrangement. You’ll consistently be requested to pay your IA instantaneously and this might include fees and interest. Thus, we would urge you to consult an experienced Owensboro lawyer that will help you on ways to manage your Installment Agreement immediately and economically. To the IRS, you may fall victim without skilled help making you pay the utmost amount possible each month.
You Need an Expert
A skilled business in Kentucky can make certain you monthly payments are ones you can in fact afford. This is where we come in to give you hope in doing away with your tax debt.
You desire our help because until your balance is paid in full, the IRS may go as far as filing a lien to protect the interest of the State of Kentucky. This really is dangerous since your credit report may impact and this might be damaging to your future. It really is a critical problem because you can not afford to manage your tax debt problem alone.
The truth, when most people shy away from is that the IRS might sometimes be more than willing to begin a dialogue regarding your tax debt with a lawyer as opposed to meeting with the genuine person who owes tax debt to Kentucky. It’s possible for you to get in touch with our Owensboro law firm now to arrange for an initial consultation with one of our highly experienced lawyers.
Stop getting promised the world by other tax companies – our Owensboro experts will only tell you the honest truth about your situation.
We always value the well-being of our customers when it comes to representing them in any tax associated issues, hence we can promise you of honest anticipations of your results.
Our tax lawyers are an essential element of the remedy to your tax problem if you now owe money to the IRS, under audit, or have some other tax related problems.
We have many years of expertise in the representation of people and businesses in Owensboro at all degrees of a tax controversy.
In addition, we focus on matching the specific tax needs of people and businesses in Owensboro to filing their tax records in planning.
On the flip side, we have the knowledge to guide you towards taking advantage of the very most current developments in the tax laws and the experience that will help you navigate the company tax landscape that is often confusing.
Thus, we can assist you to develop an overall tax strategy that will help you minimize your tax liability. Our attorneys are committed to supplying high quality tax advisory services for businesses and non-profit organizations, encompassing specialist return preparation, year round tax planning, and proactive tax analysis. Additionally, attentive tax planning is embraced by us since it is an essential measure in the preparation of our customers’ income taxes. We’ve got the knowledge and expertise to offer you greatest tax representation towards comprehending favorable and frank anticipations.
First Published: March 28, 2015
Last Modified: November 19, 2015