Say goodbye to your IRS back tax problems for good, and potentially only pay 1/10 of what you owe.

Will you be one of the lucky few who qualify? Our BBB A+ Experts can tell you within 15 minutes on the phone.

Which IRS Programs You Qualify For
How Much You Can Legally Avoid Paying
Exactly What Steps to Take Next

Take the 59sec Tax Savings Calculator Now to Find Out:

1 of 6

1) Who do you owe tax debt to?

2) About how much do you owe in tax debt?

3) Do you have un-filed back tax returns?

4) Have you had a wage garnishment, tax lien or bank levy?

5) Have you received threatening or confusing letters from the IRS?

6) Great! Now we just need to know where to send your results to?

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Proudly Serving Idaho Falls, and All of Idaho

Here's How the Process Works:
1

Free Initial Consultation and Financial Analysis

15 Minutes - We will go through your entire financial situation, step-by-step and see what programs you qualify for, determine how we can help, and answer any questions that you may have.

2

Research & Investigation

4-7 Days - Using the Power of Attorney, we will work with the IRS to determine what evidence they have against you (without disclosing anything), so we can create a plan of attack.

3

Fight for the Best Resolution

1-3 Months - After learning exactly what they have against you, we will negotiate with the IRS on your behalf, removing all the penalties we can, and fighting for a great settlement for you.

4

FREEDOM!

Forever - Once your tax burdens have been lifted, you can go on living your life again! You will finally be free of the burdens chasing you, and can start fresh with no tax debt!

Put your back tax debt behind you for good, and let her team of experts negotiate for you.

Highly Experienced Idaho Falls Tax Lawyer

Give our Idaho Falls Office a Call Today

One of many key difficulties that Idaho Falls citizens run into in terms of IRS back taxes is feeling stressed and overwhelmed about the money they owe. With the IRS taking away money, property and assets, and even sending threatening letters and notices, revenue officers, it might be a very scary experience.

We consider that no one should need to go up against the IRS alone.

It is simply not fair what they put normal tax payers through, and we consider they shouldn’t get away with it.

That means you don’t pay a penny for the full use of our seasoned team for a complete week.

That’s on top of our no questions asked.

What is it that you’re looking forward to? The longer that you put it away and wait, the more fees and interest costs the IRS will tack on to the amount that you just owe. Take actions and call our Idaho Falls team a call now to get started!

Give our Idaho team a call today!

You could lower your tax debt by 50% instantly simply by having the penalties and interest costs removed

Once the IRS strike on you or your business with a tax bill, it usually appends penalties and interest fees. These additional fees may be dreadful such that an old tax bill could have double in interest and penalties pinned onto it. Some penalties, like late payments, they are included by IRS computers. Otherwise, penalties may be inflicted by IRS staff like filing a late return, if you dishonored a tax code provision.

Should you not complain once penalties are imposed, the IRS assumes you admit them. Luckily, the IRS can confiscate a penalty just as straightforward as it included one. The key to the realm of the tax fee relief is showing a sensible reason for your letdown to mind with tax law.

The amount of tax code fines that are distinct is staggering. Below are some of the fees that IRS will tack on to the debts of people who’ve not filed their tax debts that are overdue.

Incorrectness:

The Internal Revenue Service will impose a 20 % fee on you if you were unreasonably negligent or considerably minimized your taxes. This precision-associated fine is used it is learnt by the IRS along with when you are unable to set a tax write-off in a review, or you didn’t submit all your income.

Civil deceit:

In case the IRS discovers that you were not reported your income with a deceitful intention, a fee 75% could be attached.

Delayed Payment:

Typically, the Internal Revenue Service will add a fee from 0.25 % to 1% for each month to an income tax invoice, which isn’t paid punctually. This late payment fine is tacked on by the Internal Revenue Service computer automatically whenever you file a tax return devoid of paying the outstanding balance, or when you make a delayed payment.

Not Filing on time:

The IRS can fine you an extra 5% per month on any outstanding balance if you didn’t file your return on time. However, this punishment could be implemented only for the initial five months after the due date of the return, equal to a 25% higher charge. The IRS can nevertheless visit lesser punishments, when there is no outstanding balance.

When you know the reason and also how you were hit by the IRS with fines, you can require that they be abridged or eliminated. The IRS name for this procedure is called an abatement. About one third of all tax penalties are ultimately abated, and even it’ll be more if you understand the means to contest them.

Only informing the IRS that you do not like a penalty, or cannot afford to compensate it, WOn’t work. You must show practical cause, which means a supplication that is good. As stated by the IRS, any sound cause advanced as the reason for postponement by a taxpayer in making deposits, filing a return, or paying tax when owed will be carefully examined.

Methods to request for an IRS penalty and interest abatement

Enclose these documents with your written request.

  • Letter from a registered medical practitioner, describing your state that prevented you from filing your tax return on time.
  • Death certificate substantiating the bereavement of your blood or close connections.
  • A detailed report from the fire department if your property is damaged as a result of fire.

What to Do Now

If you have been levied penalties by the Internal Revenue Service, there are several effective and easy methods to get your tax fines or interest condensed or removed completely. We’ve been in the business for many years and we’re devoted to offer our customers a professional IRS penalty and interest abatement service legitimately. Contact us today to resolve all your tax problems and the related penalties imposed by the Internal Revenue Service on your Idaho Falls business or on you.

Let our Idaho team which means you are able to pay back your debt over time, negotiate a payment plan that's right for you

The IRS Installment Agreement is a means for citizens in Idaho Falls when they cannot pay it in full with their tax return to pay their tax debt. This agreement allows for monthly payments to be made. As long as their tax debt is paid by the citizen in full under this Arrangement, they avoid the payment of the fee that is associated with creating the Understanding and can reduce or eliminate the payment of penalties and interest. Establishing an IRS Installment Agreement requires that all required tax returns are filed before applying for the Arrangement. The taxpayer cannot have some unreported income. If more than $50,00 in tax debts are owed, then the taxpayer may apply for a longer period to pay the debt. In some instances, a taxpayer may request a longer period than 72 months to pay back a tax debt of $50,000 or less.

Good Things about an Payment Plan

The agreement will lead to a few significant benefits for the taxpayer. While an agreement is in effect, enforced group activity is not going to be taken. Life will be free of IRS letters and notices. When the taxpayer can count on paying a set payment each month rather than having to agonize about putting lump sum amounts on the tax debt there will be more financial freedom. The citizen will eliminate ongoing IRS penalties and interest. The IRS will assist the citizen keep the arrangement in force in the event the taxpayer defaults on a payment providing the IRS is notified promptly.

Obligations of the Installment Agreement

Some obligations come with the Installment Agreement. When due, the minimum monthly payment should be made. The income of an individual taxpayer or the incomes of combined citizens must be disclosed when applying for an Installment Agreement. Sometimes, a financial statement should be supplied. All future returns must be filed when due and all of the taxes must be paid when due. This method of making monthly payments enable the taxpayer to request the lien notice be withdrawn. However, the lien can be reinstated in the event the taxpayer defaults on the Installment Agreement.

The taxpayer can negotiate an Installment Agreement with the IRS. However, specific advice must be provided and any information could be subject to verification. For citizens owing more than $50,000, a financial statement will be required.

How to Prepare to Apply

There are several precautions that must be contemplated, while taxpayers can make an application for an IRS Installment Agreement. Although the IRS attempts to make using for an Installment Agreement a relatively simple procedure, there are some circumstance which can make this a challenging task. Since many issues can be eliminated by an Installment Agreement with the Internal Revenue Service, it is crucial to get it right the first time the application is made.

We are the BBB A+ rated law firm serving all of Idaho Falls and Idaho, that can offer you skilled help. Our many years of experience working with the Internal Revenue Service on behalf of Idaho Falls taxpayers that have difficulties paying their tax debt qualifies us to ensure acceptance of your application for an Installment Agreement.

Cease letting tax liens control what you could do with the property you own - give our Idaho business that is a call now

What is a tax lien?

A federal tax lien is a lien enforced by the authorities to legally assert against your assets if by any chance you fail to remunerate your tax dues. The lien cushions the authority’s claim to all your existing property, inclusive of personal, financial and real estate assets. Generally, a federal tax lien is imposed when they deliver to you a bill that lays out into detail how much you are owed and also when you decline to pay your debts on program whenever your responsibilities are analyzed by the IRS. Liens generally record the exact amount owed to IRS in the precise time that it is imposed in a public document called the Notice of Federal Tax Lien. The document notifies creditors the government has a right to seize your property at just about any particular time. This particular information is conventionally got by different credit reporting agencies hence tax liens ultimately reflect on your own credit reports. Tax Liens are commonly active ten days after issuing a demand to clear the stipulated tax debts.

Federal tax liens can simply be averted from being lodged by paying all your tax dues up before the IRS choose to impose a lien in your assets, and also. Through creating payment deals which adequately satisfy the requirements of the IRS as not to lodge a lien, they can also be evaded. A federal tax lien is unable to be filed if a citizen chose to prepare a streamlined or guaranteed payment treaty. Such arrangements require the citizen maintain a balance of $10,000 or a figure less than that for the guaranteed installment treaty and for the streamlined arrangement , it should be $25,000 or less. In a situation where the taxpayer owes more than $25, 000, a tax lien may be avoided if he/she tries their best to reduce that special outstanding balance to exactly $25,000 or less and alternatively lays out a streamlined treaty. There are just two methods of removing tax liens: release and withdrawal.

What can I do to get my tax lien removed?

Drawing federal tax liens is when the IRS resort to revoking the lien like it never existed. Lien withdrawals usually take place the lien is filled erroneously. In a case where the tax lien is wrongly filed, contact the IRS as soon as possible. The IRS representatives will assess your account to be able to substantiate that you’ve got no tax arrears then take the measures that are necessary in removing the lien.

Releasing a national or Idaho state tax lien normally means that your assets are no longer constrained by the imposed lien. Immediately after lien releasing, the county records will instantly be brought up to date to show that’s has been released. Nevertheless,the existence of a federal tax lien will be exhibited in your credit reports for ten years.

What to Do Next

To sort complex lien issues struck, for example release,withdrawal,subrogation and subordination (Set advisory group), Concluding basic lien issues, requesting or verifying a lien, releasing a lien (Centralized Lien operation), Guidance from organizations within IRS (Taxpayer Advocate service), Inquiring whether bankruptcy impacted your tax arrears (Centralized insolvency operation),don’t hesitate to see our offices to assist you in effectively removing your tax liens by settling your debts on program to avoid the authorities from confiscating your property or instead you can give us a call and our Idaho Falls agents shall be able to assist you to browse through any impending federal tax liens.

In case your Idaho Falls company has run into tax or payroll problems with the government, we can assist.

The Internal Revenue Service is a formidable money making machine for the government, and in case your Idaho Falls business has fallen into IRS or Idaho company tax debt, they’re going to gather. So, in case your company has delinquent taxes such as payroll tax debts there isn’t any need to scurry for cover (and remember – never conceal) even in the event that you know little or nothing about dealing with IRS business tax debts. There are experienced professionals prepared to help.

Un-Paid Payroll Tax Filings

The IRS looks at payroll tax – taxes levied on companies and workers – from two perspectives:

  • (a) Taxes an employer pays the IRS predicated on the wages paid to the employee (known as withholding tax’ and is paid out of the companies own funds) and
  • (b) A percentage of wages the employer deducts from an employee’s wages and pays it to the Internal Revenue Service.

The company ends up footing the bill for both the forms of taxes as the withholding tax results in lower wages.

Tax Repayment Timeline

Employment or Payroll taxes are collected by the Internal Revenue Service through the Electronic Federal Tax Payment System (EFTPS). This payment schedule could be monthly or semi-weekly.

In the event you are a business that is new and did not have some workers during your look back span’ or in case your entire tax liability is up to USD 50,000 for your appearance back interval’, you must follow a monthly program.

If your payroll tax liability is less than USD 50,000 you will have to follow a semiweekly deposit schedule. You’ll fall into a payroll tax debt, in the event that you fail to pay your taxes on these days. You ought to seek the services of tax professionals to guide you through this maze of processes and keep from falling into payroll tax debt and steer clear of hefty fees.

Dealing With Unfiled Tax Debts

Revenue collected through taxes for example payroll tax are spent on capital programs such as; health care, social security, unemployment compensation, worker’s compensation and at times to boost local transportation that takes many workers to and from work.

When you need to take care of IRS tax debts, it is utmost important to keep in touch with your IRS officials – never prevent or conceal from them. Most IRS penalties comprise a compounded interest rate of 14% this can turn a business turtle in an extremely short time, so dealing with IRS company tax debt it paramount.

How a Professional Idaho Falls Tax Expert Can Assist You

Being in an IRS business debt situation is serious. You might have time on your side when they gain impetus things get worse for you, although because the IRS is slow to begin processing your account. Nonetheless, you are not helpless. There are procedures you may be qualified for that a Idaho professional can use his good offices with the Internal Revenue Service to assist you over come your company debts.

If you never have heard of an Offer in Compromise, Tax Lien Period, Uncollectible Status and Bankruptcy, among others, you are in need of a Idaho Falls professional’s help. Waste no more time, get in touch with us now to get out of business tax debt and save your business from close.

The IRS can legally steal property or your house , so prevent it before it happens and let our Idaho Falls team fight for you.

Bank levies are charges imposed on your Idaho Falls bank account when you have outstanding tax debt. Regrettably, the procedure is always rough. Usually, the association ends up freezing all the cash that is available in a specified account for a period of 21 days to handle a man’s or a business’ tax obligation. During the halt, you cannot get your money. The sole possibility of getting them at this phase is when the period lapses when they are unfrozen. Preventing the levy lets you access your capital for fulfilling other expenses.

Why and When Levies Get Slapped On

The IRS bank levies are applied as a last resort for you to your account to pay taxes. It occurs to people in Idaho who receive many appraisals and demands of the taxes they owe the revenue bureau. Failure to act of a tax obligation within the legal duration leaves the IRS with no choice other than to go for your bank account. This occurs through communication between your bank as well as the IRS. You will find that on a certain day, in case you are not aware. Bank levies follow a closing notice for meaning to levy as well as a notification about your legal right to a hearing. In a nutshell, the Internal Revenue Service notifies you of the bank levies that are pending. When implemented, the IRS can just take cash that was in your bank on the date a levy is used.

How to Get Your Levies Removed in Idaho Falls

There’s a window of opportunity for you to use to get rid from your account of bank levies. By being a step ahead of the IRS you remove the bank levies. With a professional service it will not be difficult for you to understand when to take your money out of the bank. You certainly can do this by getting into an installment arrangement. You may also appeal and seek qualification for ‘uncollectable status’. Lastly, you can go for ‘offer in compromise’ as ways to get tax forgiveness.

They could be quite complex to execute, while the alternative sound simple. You have to act fast, have the resources to do so, understand every facet of the law and deal with associated bureaucracies imposed by banks and also the IRS. The smart move would be to telephone us for professional help by means of your IRS situation. We’ve got abilities and expertise which have made us a number one choice for lots of people. For much more details and help, contact us for partnered tax professional aid.

Other Cities Around Idaho Falls We Serve

Address

Idaho Falls Instant Tax Attorney

482 Constitution Way, Idaho Falls, ID 83402
Phone

(208) 647-0838

Customer Rating
Services / Problems Solved
Removing Wage Garnishments
Getting Rid of Tax Liens
Removing Bank Levies
Filing Back Tax Returns
Stopping IRS Letters
Stopping Revenue Officers
Solving IRS Back Tax Problems
Ironing out Payroll Tax Issues
Relief from Past Tax Issues
Negotiating Offer in Compromise Agreements
Negotiating Innocent Spouse Relief Arrangements
Penalty Abatement Negotiations
Assessing Currently Not Collectible Claims
Real Estate Planning
Legal Advice
Tax Lawyers on Staff
Steve Sherer, JD
Kelly Gibson, JD
Joseph Gibson, JD
Lance Brown, JD
Cities Around Idaho Falls We ServeAshton, Atomic City, Basalt, Blackfoot, Chester, Driggs, Dubois, Firth, Fort Hall, Hamer, Idaho Falls, Inkom, Iona, Irwin, Lewisville, Menan, Monteview, Moreland, Newdale, Parker, Pingree, Pocatello, Rexburg, Rigby, Ririe, Roberts, Saint Anthony, Shelley, Springfield, Sugar City, Swan Valley, Terreton, Teton, Tetonia, Ucon, Victor, Wayan
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What Sort of Tax Debt Resolution Programs Are Available?

There are several IRS tax relief systems to help, including the bureau's Fresh Start initiative. An Installment Agreement is normally accessible to those who can not pay their tax debt in full at one time. The application enables individuals to make smaller monthly payments until the entire debt is met. An Offer in Compromise (OIC) lets citizens forever settle their tax debt for significantly less than the amount they owe. The OIC is an important instrument to help individuals in small circumstances; taxpayers are eligible only after other payment options have been exhausted. To people who have not paid their taxes because of a particular hardship in Idaho Falls, penalty abatement may be offered by the Internal Revenue Service in very limited circumstances.

What Tax Debt is Dischargeable?

Most unsecured consumer debts such as government benefit overpayments, utility bills, back rent, personal loans, medical bills, and charge card costs are dischargeable in Chapter 7 bankruptcy. There's an exception to clear if the cash, Idaho property, or services was obtained under false pretenses. The false pretense must have been made in writing to the lender as well as the misrepresentation should have been material, which suggests the rendering was such that the lender would not have offered credit had the true facts been known. Moreover, cash judgments are almost always dischargeable, with a few exceptions.

What should I Do if the IRS Rejects my Offer in Compromise?

In case the IRS rejects your offer in compromise, you should set the following documentation in place and be prepared to apply for an appeal concerning the offer in compromise: The 30-day letter rejecting the OIC; Worksheets that came with the rejection letter; Form 656, Offer in Compromise. Form 433-A, Group Income Statement for Wage Earners and Self Employed People that you submitted to the IRS with your Form 656, Offer in Compromise. You should take note that throughout the self help tool, where a Form 433-A or 433-B is mentioned, the Form 433-A (OIC) and 433-B (OIC) may also be used.

How Can I Eliminate My Tax Debt?

By asking for additional time to pay, you can remove your Tax Debt. You can request an additional 60 to 120 days to pay what you owe. Pay by credit card or debit card. You may have a credit card that offers a lower rate, perhaps a zero percent teaser rate for a year. The IRA shuffle: You can't borrow from your IRA, but did you know that if you wish to transfer the capital from one account to another, you have 60 days to do this?

What Should I Do If I Can’t Pay My IRS Tax Debt?

The IRS has payment options available in the event you can't pay the taxes you owe. Which alternative might work for you generally is dependent upon how much you owe and your present financial situation. Each option has different conditions and some have fees. People facing financial difficulties may find that there is a tax impact to occasions such as Idaho Falls job loss, debt forgiveness or tapping on a retirement fund. Most of all, in the event that you think you could have trouble contact the IRS.

How Likely is the IRS to Accept an Offer in Compromise?

The Internal Revenue Service is likely to approve an offer in compromise when the most they are able to expect to accumulate within a reasonable period of time are represented by the amount offered. Before the IRS considers your offer, you have to be current with all payment and filing requirements. You are not eligible if you're in an open bankruptcy proceeding in Idaho Falls. Make use of the Offer in Compromise Pre-Qualifier prepare a preliminary proposition and to confirm your eligibility. You'll find step by step instructions and all of the forms for submitting an offer in the Offer in Compromise Booklet, Form 656-B.

How Much Do Tax Attorneys Charge?

Ordinarily, reputable and most qualified tax attorneys will charge their clients on an hourly basis for all services rendered. This will typically be an hourly cost of between $200 and $400. Typically, a tax attorney will require that their client make a prepayment, which is called a retainer. This retainer is a prepayment on the basis of the amount of hours your tax lawyer considers they'll be working on your own behalf. This hourly fee will be deducted from the retainer, as the work nears completion. In case the money is used up before the task is finished, the tax lawyer in Idaho Falls will habitually bill you for an additional payment.

How Much Can My Tax Debt Be Reduced?

Depending on your individual situation, you can expect to lower your tax debt by anywhere from 30% to 80% and beyond. In case you have faced significant financial hardship in Idaho Falls, for example job loss, medical emergency, or something else, you can qualify for some programs that might drastically lower your debt. But in case you don't, merely by removing the IRS penalties and interest costs, you can readily get 25% to 40% off of the amount you owe.

Can Tax Debt Be Reduced?

Yes, your tax debt can be reduced. There are many methods to reduce one's IRS tax debt. For instance, employing assistance from a CPA or a tax lawyer in Idaho to assist in analyzing the citizen's situation and coming up with the most effective game plan to decrease the person 's Internal Revenue Service (IRS) tax debt is a great starting point. These tax professionals can give sound advice on the best way to lower your tax debt and they are more equipped with the knowledge about how to take care of the IRS. If a citizen truly has intense back tax debts, then a Idaho Falls tax professional can handle the amounts and come up with the very best remedy to remove the tax debt.

How Does the IRS Offer in Compromise Work?

The IRS Offer in Compromise works in this manner that it lets you settle your tax debt for under the entire amount you owe. It might be a legitimate option if you can not pay your full tax liability, or doing so creates a financial hardship. The IRS consider your unique set of facts and conditions: Skill to pay; Income; Expenses; and Asset equity. The Internal Revenue Service generally approve an offer in compromise when the amount offered represents the most they can expect to collect in Idaho within a fair time.