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WE SOLVE IRS TAX DEBT
We are a full service tax resolution firm with the “know how” to get you the tax resolution you need so you can finally have peace of mind.
GET A FREE, NO-OBLIGATION CONSULTATION
The sooner you contact us, the sooner we can start working on your tax debt resolution. Complete the form above today.
WHY WORK WITH OUR TAX ATTORNEYS?
We never forget that the reason you’re looking for a tax resolution or tax debt relief company is that you need help right now with a serious financial issue. You may have been tempted to call one of the companies that advertise heavily on TV or online (and that makes tax resolution sound fast and easy), but those companies will not have their clients’ best interests in mind. For the most affordable tax resolution possible—with the guidance and solution that’s right for your unique circumstances—the help of experienced tax professionals is essential.
At Key Tax Group, we’ve helped clients from around the country and have nearly four decades of combined experience. Regardless of how complex your tax issues are or what the specific circumstances of your tax debt situation may be, the tax experts at Key Tax Group have the knowledge and experience to deal with it. You’ll receive personal services from our attorneys, enrolled agents and support staff, each of whom work hard to find a solution that puts an end to your concerns.
OFFER IN COMPROMISE
Offer in compromise allows you to settle your tax debt for less than what you owe. You may or may not be eligible. The tax professionals at Key Tax Group can help you determine if you are…
TAX DEBT SOLUTIONS
The professionals at Key Tax Group have the knowledge and experience to help you analyze your tax situation and ascertain what tax programs are available to you to help lower your tax debt…
TAX DEBT RESOLUTION FAQs
A: Some qualified individuals can settle their debts for less than what they owe. An Offer in Compromise (OIC), which is part of the Internal Revenue Service’s Fresh Start program, is an option that may result in a reduced debt, but qualifying includes a number of conditions that may not be applicable to your individual situation or may not be in your best interests. If you would like to learn more about OICs and whether they are an option for you, we encourage you to schedule a free consultation with our tax debt experts.
A: An IRS installment agreement is an option for some debtors who are unable to pay the full amount of taxes they owe at the time of filing. It allows the debt to be paid off in monthly payments over the course of 72 months, and, if the debtor’s financial circumstances improve, he or she can pay the entire balance owed at any time while payments are being made. To determine if you qualify for an installment agreement, it’s important to consult with a qualified tax expert. Meanwhile, learn more about the pros and cons of IRS installment agreements.
A: According to the IRS, “A lien is a legal claim against your property to secure payment of your tax debt, while a levy actually takes the property to satisfy the tax debt.”
A: Such a notice means that the seizure of funds from your bank accounts is imminent. Your retirement accounts, car, home, and other property may also be at risk of seizure. It’s critical to respond to the notice at once, so contact the tax attorneys at Key Tax Group for a free consultation as soon as possible.
A: The IRS has several options for those you have filed their tax returns but can’t afford to pay the amount due. Contact us for information on payment plans such as Offers in Compromise and IRS Installment Agreements, plus other options that may be available to you.
A: The IRS does offer a first-time penalty abatement waiver for some taxpayers who qualify. It can eliminate accrued penalties as well as interest on the penalties (but not interest on the unpaid tax amount; this interest will continue to accrue). Qualifications include having no penalties for the three years prior to the year the penalty was incurred; having filed all of the required tax returns or requested an extension; and having made payment arrangements for or paid any unpaid tax. Providing the required documentation to request a first-time penalty abatement is best done with the help of an experienced tax professional.
A: The IRS has a number of collections procedures and actions it can take against you if you have unpaid taxes. As stated on the IRS’s website, “If you don’t pay your taxes on time, the penalties can be severe. The longer you wait to resolve your debt, the more difficult and costly it will be.” Some of the actions the IRS can take are the outright seizure of your assets or property; levies against your wages, bank accounts or retirement income; or even initiating a criminal investigation or filing tax evasion charges. Read more about the consequences of owing IRS back taxes, then contact us for a free consultation.
A: If you have unpaid tax debt or are being audited, you are not required to be represented by a tax attorney or seek advice from tax professionals. However, if you want the best possible outcome, consulting a tax law expert can help ensure that no details are overlooked during the process of resolving your tax debt or responding to a tax audit.
There are some circumstances under which it’s especially important to have a tax attorney on your side. These include owing more than $100,000 to the IRS, being self-employed, and having a particularly complex financial situation. If you have undisclosed foreign bank accounts or unreported income, expert guidance is critical. Lastly, if you are a professional who must have a license, such as a medical doctor, securities broker, or an electrician, you may not be able to renew your license if you are not in compliance with state tax laws. The best first step toward resolving your tax debt is to schedule a free, no-obligation consultation with Key Tax Group.
A: Depending on your particular circumstances, the answer may be yes. A tax attorney, however, can represent you in court for tax issues and at meetings with the IRS through power of attorney representation, which non-attorney tax professionals may not be able to do. Also keep in mind that a tax attorney will likely have strong negotiation skills in addition to expertise in the tax code, both of which work to your advantage.
CHECKLIST: QUESTIONS TO ASK A TAX ATTORNEY OR TAX DEBT RESOLUTION FIRM
If you haven’t hired a tax attorney before, it’s normal to not know what to expect or understand how they can help you. As you meet with a potential attorney, use these questions to gain an understanding of what they offer and get a sense of whether they are the right fit for your needs.
#1 How long have you been in business?
Just because a firm may have been recently established doesn’t indicate that it can’t help you, but the stakes are often very high in matters related to unpaid tax debt. When every dollar counts and your financial future may be in jeopardy, it’s best to choose a tax law firm with deep experience in tax debt resolution. At Key Tax Group, our professionals have a combined 35 years of experience and have resolved more than $175 million in tax debt for our clients.
#2 How much of your practice focuses on tax debt issues?
Firms that have many areas of practice may handle tax debt cases as more of a sideline than a primary focus. At Key Tax Group, we focus our expertise on tax debt resolution and specialize in IRS payment plans, audit representation, FBAR cases, wage garnishment, tax lien removal, and other areas that center on achieving affordable tax resolutions for our clients.
#3 Who in your firm will work on my case?
You want to ensure that your case will not be delegated to someone in the firm who does not have the experience you need. Ask the person you meet in your initial consultation who will manage your case, then ask if that person has the proper credentials and solid experience handling cases such as yours. You should also ask for specific information on the firm’s staff, such as the number of attorneys it has and whether it has accounting experts and enrolled agents on its team. Remember: You need legal counsel first and foremost as you seek resolution of your debt.
#4 How do you bill your clients?
It’s critical that you understand a tax debt resolution firm’s fee structure before you choose it to represent you. You will need to ask:
- Do you will by the hour? If so, what is the rate?
- Do you charge a flat fee? If so, what is included?
- Will there be charges for administrative support?
- Is a retainer required? Is it refundable?
#5 How often can I expect to hear from you?
Ask how quickly phone calls are returned or emails responded to (it should not be more than 24 hours) and how often you may need to meet with the attorney. Also, ask if the firm’s staff prefers to communicate via phone or email.
#6 Will you provide references?
A reputable firm should not hesitate to provide you with contact information for past or current clients who have agreed to be available as references. In addition to client references, you should also go online and search for reviews that current or prior clients have posted.
#7 Do you have experience with my type of business?
Business tax and payroll tax issues can be highly complex and have long-term ramifications. If your unpaid tax debt or tax audit is related to a business you own, ask if the firm has experience with clients who are in your industry or clients whose business operates in a similar manner. Each industry has its own set of regulations and laws, so a tax attorney who is familiar with your type of business may be better equipped to navigate your unique tax debt situation.
ARE YOU WORRIED ABOUT YOUR TAX DEBT OR TAX AUDIT? CONTACT KEY TAX GROUP NOW.
We understand the extreme stress and worry that tax-related issues can cause, and how seriously your life can be affected by them both now and well into the future. You may be feeling threatened by aggressive actions such as bank levies and wage garnishes and uncertain of how to begin to solve your problems. Or you may have been notified of an audit and aren’t sure what it means.
Help is available: The attorneys, enrolled agents, and support staff at our full-service tax resolution firm are ready to help you deal with even the most complex tax issues. We will relieve you of the burden of dealing with the IRS or state tax agency by yourself, handling communications, gathering and creating any required documentation, guiding you through the process of resolving your tax problem, and ensuring your rights are fully protected.
Regardless of the type of state or federal tax situation you are facing, the most important first step is a simple one: Seek the assistance of experienced professionals. Don’t hesitate to contact us online or call us at 904-634-5622 or 800-380-7085 if you have any questions or would like to schedule an appointment for a free, no-obligation consultation to review the details of your case.