Tax Concerns? Remove Those Concerns With A Tempe Tax Attorney
It is a known fact that the IRS would promptly go after taxpayers who have underpaid their taxes, but this is not so in cases of overpayment. With this situation, other tax noncompliance cases which require collection of unpaid taxes and other penalty charges are also actively being tapped by the IRS, and even the most honest taxpayers may become unintentionally involved. This is commonly because of a taxpayer’s lack of understanding in the complex tax laws that selectively apply to one’s nature of income sources, which may materially translate to an inaccurate tax return that the IRS may deem legally problematic after an audit.
Ideally, no taxpayer should underestimate the burdensome costs and unrealized benefits that come with improperly filed taxes. The percentage for penalty fees, interest, and other charges for underpaid and other unpaid taxes can accumulate over time, as it takes several months to a few years for an IRS audit to finalize its penalty computation, and it is not impossible to come up with almost as much as or even more than the amount of the original tax payable. While the normal average of tax refunds per taxpayer can be around $2,000 at the end of the year, and it could have been used for other purposes other than having it “loaned” to the IRS with no interest earnings for the taxpayer. Moreover, one’s unclaimed tax relief in the past years can only be recovered up to a certain period. It is thus important to take advantage of the legal services of a Tempe tax attorney who fully understands the unique complexity of one’s tax structure.
Whether a taxpayer may find oneself to be at a legal disadvantage against the IRS, or at an advantage of a potential tax refund, one must be proactive in settling such cases in the most timely and seamless manner. Our longstanding successful Tempe tax lawyers can expertly assist clients in strengthening the merits of a taxpayer’s case, in order to competently represent and defend the client against IRS charges, and to expedite the process in granting any tax refund and other tax benefits.
Our office in Tempe Arizona:
More About Tax Attorneys
More About Taxes and Protecting Yourself from IRS