1. Negotiating on Your Part

A lawyer can handle negotiations on your part. According to the IRS, Americans owed more than $114 million in back taxes, penalties, and interest in 2020. The penalties and interest on back taxes owed can cost you thousands of dollars, but an experienced attorney can help you negotiate those numbers.

2. Protecting Your Assets

The IRS has several tools at its disposal to ensure that they get the money they're owed. This includes seizing your assets, which can include foreclosing on your home. In this situation, hiring a foreclosure lawyer is essential. They may have previous experience in tax situations to help you keep your home. If not, a foreclosure lawyer is still aware of the foreclosure process, making them a valuable part of your team.

3. Representing You

Speaking with the IRS and understanding complicated tax and legal terms can be challenging for anyone. A professional attorney can explain these terms to you as well as speak on your behalf at necessary court hearings. This instantly gives you an edge and helps ensure you have the best possible outcome.

4. Assisting With Lawsuits

Most people aren't aware that they can sue the IRS. You can sue the IRS for an audit or specific issues regarding your refund or file a countersuit in response to a suit filed by the IRS. However, these courses of action are only available in specific situations. Working with an attorney will ensure you know all your options.

5. Reaching a Settlement

Most people don't know that the IRS may be willing to settle tax debt, especially if you owe a large sum. The IRS will consider things like your monthly expenses, assets, and income when determining a settlement amount. An attorney can make sure that you get the best settlement possible as well as negotiate on your behalf.

Dealing with the IRS is never easy. Contact our team at ForeclosureLegalHelp.com today to discover how our experienced lawyers can assist you with your IRS troubles. We're happy to help you!