Whether you are dealing with minor tax issues or serious back taxes, finding the best Tax Debt Attorney in Tennessee can help you resolve your tax problems. The right tax attorney will have a good track record, experience dealing with the IRS, and a reputation for providing quality services. They will also be able to explain your options and guide you in making decisions that will benefit you most. They can also help you deal with complex matters like tax levies, wage garnishments, and liens. They can also advise you on the best ways to file your tax returns and ensure compliance with state and federal rules.
Tax debt can be a serious problem for both individuals and businesses. If you are unable to pay your taxes on time, the IRS can levy or seize assets such as property, financial accounts, and wages. A Nashville tax attorney can help you avoid these penalties by negotiating with the IRS on your behalf. They will explain why you were assessed a penalty, provide information about abatement options, and negotiate a reduction or elimination of your tax debt.
A tax attorney will assist you in filing a petition for abatement with the IRS to remove or reduce your outstanding tax debt. This can be particularly helpful if you are experiencing financial hardship. The IRS can also offer you payment plans to pay off your debt over a period of time. A reputable tax relief company will be transparent about their fees and have an upfront fee or monthly payments depending on the complexity of your case.
Damiens Law serves clients with both state and federal tax matters. Their lawyers can handle issues such as business tax, sales and use tax, franchise and excise tax, and municipal business tax. Their team of tax attorneys has extensive experience navigating Tennessee’s complex tax laws. They can also help you prepare your tax return and navigate complicated situations such as audits, collection actions, and offer in compromise.
The firm’s team of attorneys specializes in handling taxation issues for small and medium-sized businesses. They can advise you on tax issues such as determining the appropriate business structure, maximizing after-tax proceeds from business transactions, and planning for succession and exit strategies. They can also assist you with obtaining property tax exemptions for qualified institutions and reviewing tax implications of limited liability companies. They can also represent you in disputes with the Internal Revenue Service and the Tennessee Department of Revenue. They can also assist you in navigating complex matters such as SDIRA alternative investment opportunity divestments and 1031 exchanges.