Do you know the IRS Program that can save you from paying up to 90% of your Tax Debt?

Our BBB A+ Rated Firm can show you today

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

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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!

Helping Peoria get the justice it deserves from the IRS

Highly Experienced Peoria Tax Lawyer

Serving all of the greater area of Peoria

One of many primary problems that most Peoria citizens run into in terms of IRS back taxes is feeling overwhelmed and stressed in regards to the money that they owe.

We believe that no one should have to go up against the IRS alone anymore.

It’s only not fair what they put ordinary tax payers through, and we consider they shouldn’t get away with it any longer.

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

That is on top of our no questions asked.

What are you waiting for? The longer that you wait and put it away, the more penalties and interest costs the IRS will tack on to the amount that you owe. Take action and call our Peoria team a call now to get started!

Give our office a call now!

Imagine no more letters and notices being sent to your Peoria home or company. Our team can help.

IRS Letters and Notices are sent to people in Peoria who haven’t paid all of their tax obligation or haven’t filed their tax returns. The Internal Revenue Service accounts for collecting taxes due from citizens to make sure the Federal Government has the money to conduct its business. The IRS assumes that taxpayers who neglect to pay their taxes and who are delinquent in filing their tax returns are blowing off the reason why taxes are not unimportant. The Internal Revenue Service also supposes that taxpayers don’t have a good reason for not fulfilling their tax obligations. Aggressive pursuit of these taxpayers is the reason IRS letters and notices are sent. Delinquent taxpayers are on the IRS radar for do group actions that is swift. Citizens must recall that the IRS does not need to initiate any court actions to impose wages, bank accounts and property. Even pension income may be attached.

Many IRS letters and notices are sent to inflict a penalty on the taxpayer. Penalties are prolific. In 1988, there were only 17 fees that the IRS could impose, but the different of fees is 10 times that number. Some of these can definitely become serious problems for the citizen.

Some Examples of Notices

Low-Reported Tax Debt

A notice that promises their income has been under reported by a citizen in Peoria is a serious matter. Frequently, this may be accommodated readily, if the IRS claim is valid but the taxpayer will be assessed a penalty plus interest. Then the citizen could be accused of filing a fraudulent return, if this notice crosses more than one year of tax filings. The fees along with the interest will amount to an inconceivable amount of money no matter the perceived intention.

Notice of Property Garnishes

A notice that threatens to attach a taxpayer’s wages, bank account or property is serious. The IRS will send a letter warning of the impending actions, and this letter will stipulate a period of time the taxpayer has to solve the delinquency. This notice follows letters that have been sent to the taxpayer in an attempt to resolve the delinquency before it reaches the collection actions.

Home Liens

A notice saying that the IRS has filed a lien on the citizen’s property also follows this action to be taken by letters of intent. The notice will contain the quantity of the lien and the governmental bureau where it was recorded. The Internal Revenue Service can also drive the sale of the property to obtain fulfillment of the lien. If a sale is planned, a notice will be issued.

What to do because of a letter

The taxpayer should never dismiss IRS letters and notices. Rather, they ought to promptly seek help with these potential risks to their financial protection. Contacting our BBB A+ Peoria law firm is even more significant if a letter or notice has been received. We have many years of successful experience in working with the IRS and state of Illinois to resolve taxpayer problems.

Finally put a finish to the sales officials showing up at your house or business

What is a Revenue Officer?

An IRS officer or representative is an average visitor to your Illinois business or daily life. Getting a differentiation between the two is important that you know how to cope with each. An IRS representative has the principal function of auditing tax returns. They send notifications regarding impending audits via e-mail. Once you get an e-mail from IRS representative, you can either go to local IRS office or an agent comes over to your house or company to audit returns.

More complex tax issues are dealt with by an IRS official on the other hand. For example, if an IRS agent discovers that you haven’t paid taxes on a specific source of income, your case is known as IRS officer. Thus the primary job of an IRS official will be to deal with a tax debt or back tax liability.

The Internal Revenue Service assigns you a revenue officer in the following conditions:

Inability to Collect Taxes

When the IRS has failed to successfully collect taxes from you using the normal channels like levies, telephone calls, notices and e-mails.

Un-Filed Back Tax Returns

When you’ve got a reputation of not filling taxes.

Like payroll taxes, when you fail to pay certain type of taxes.<?p>

Large Tax Debts Owed

When your tax liability is substantially large, a standard amount being or more 25,000.

Law mandates remember IRS revenue officers to undertake measures to recover the taxes. These measures may include issue levies, confiscate and repossess property, freeze assets or wage garnishments. Expect these policemen to show up at your home or location of businesses unforeseen or without previous communication. In infrequent instances, the policemen might call you or send you e-mails summoning you to their offices. Try to collaborate with them to avoid further complicating your case and try to pay you over-due taxes to the expand your income can accommodate. The tax amount requires you to work out a blueprint to pay or in case your case is more complex, you’ll need the services of legal counsel.

What To Do if you Get {a Revenue Official|an IRS Revenue Official

When you are not able to pay off your debt instantly, the IRS official might request financial records and some files. Such tips like form 9297 which is send to you by the Internal Revenue Service, form 433-A which is used for individuals or form 433-B which is used for companies are used by the Internal Revenue Service to recognize your income, assets, and give an overview of your obligations. Filling these forms should be done correctly and accurately thus the professional services of an attorney are needed. If you fill the forms erroneously whether knowingly or unknowingly, the Internal Revenue Service can use this against you and sue you for tax evasion. Hence, as soon as you get these forms, the very first thing to do would be to telephone a lawyer.

Without an attorney, you might intimidate into consenting to a strategy that you cannot afford but which makes their job easier. An attorney get you a more adaptive one and can quickly negotiate if you are given tight datelines. Remember, there are many options that may be offered by the officer. A common one in case related to payroll overdue will be to assess and assign you a recovery fee trust fund. For this to take place, an interview should be run to ascertain who is the real offender between a business as well as an individual and having an attorney in this interview in Illinois is a matter of necessity.

If your Peoria business has run into tax or payroll problems with the government, we can assist.

The IRS is a formidable money making machine for the Federal Government, and in case your Peoria company has dropped into IRS or Illinois company tax debt, they’ll collect. Thus, if your business has delinquent taxes including payroll tax debts there is no need to scurry for cover (and remember – never conceal) even in the event you know little or nothing about dealing with IRS company tax debts. There are experienced professionals ready to assist.

Un-Paid Payroll Tax Filings

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

  • (a) Taxes a company pays the IRS based 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 IRS.

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

Tax Repayment Schedule

The schedule of these payments depends on the average sum being deposited (based on the look back period’ – a twelve month period ending June 30). This payment schedule may be monthly or semi-weekly.

If you are a business that is new and did not have some employees 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’ll have to follow a semi-weekly deposit program. These taxes should be deposited by Sunday, Monday, Tuesday or Wednesday following the Friday payday. Should you don’t pay your taxes on these days you may fall into a payroll tax debt. 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 prevent significant fees.

Dealing With Back Tax Debt

Revenue collected through taxes including payroll tax are spent on funding plans for example; healthcare, social security, unemployment compensation, worker’s compensation and at times to improve local transportation that carries many workers to and from work.

When you need to take care of IRS tax debts, it’s extreme important to stay in contact with your IRS officials – never avoid or hide from them. Most IRS fees contain a compounded interest rate of 14% this can turn a company turtle in a very short time dealing with IRS company tax debt it overriding.

How a Professional Peoria Tax Pro Can Assist You

Being in an IRS company debt situation is serious. You may have time on your own side as the IRS is slow to start processing your account, but when they gain impetus things get worse for you. Nevertheless, you aren’t helpless. There are processes you may be eligible for that a Illinois professional can use his good offices with the IRS to help you over come your company debts.

Among others, you need a professional’s help for those who never have heard of an Offer in Compromise, Tax Lien Interval, Uncollectible Status and Bankruptcy. Waste no more time, touch base with us today to get out of business tax debt and save your business from closing.

The very best way of eventually getting out of debt is to use the expertise and know how of a reputable law firm serving Peoria

Have you been struggling for several years with your back tax debts, and are finally fed up with dealing with the Internal Revenue Service by yourself?

Have they started sending letters and notices to company or your house, demanding you pay extra fees and interest charges for the sum you owe?

If so is hire a tax law firm that is experienced and reputable to be by your side every step of the way. The good news is, our Peoria firm is the best candidate for the occupation, with an A+ business rating with all the BBB, thousands of satisfied customers around the country (especially in exquisite Illinois), and our own team of tax lawyers, CPAs and federally enrolled representatives, all ready to work on your case today.

The Internal Revenue Service is the biggest collection agency on the planet, with a huge number of billions and revenue officers of dollars set aside to pursue great, hard working people like you for the money you owe. The single thing they care about is getting the money they’re owed. You should not have to confront them by yourself. We do not get intimidated around like normal citizens do, and can use our private contacts to negotiate the resolution that you need.

Using experienced Peoria legal counsel on your own tax problems is like having an expert plumber come and mend your massively leaking water main.

Do your family, yourself and your future a and let our Peoria law firm help you with your back tax problems immediately. Our team of experts is standing by, ready to help you!

The IRS so keep it before it occurs, can legally steal your house or property and let our Peoria team fight for you.

Bank levies are charges imposed in your Peoria bank account when you have outstanding tax debt. Unfortunately, the procedure isn’t consistently smooth. Typically, the association ends up freezing all the money that is available in a specified account for a period of 21 days to handle a person’s or a company’ tax obligation. During the halt, it’s impossible to get your money. The only possibility of getting them at this phase is when the interval lapses, when they’re unfrozen. Preventing the levy allows you to access your funds for fulfilling other expenses.

Why and When Bank Levies Get Slapped On

The IRS bank levies are applied as a final resort for you to your account to pay taxes. It happens to people in Illinois that receive many assessments and demands of the taxes they owe the revenue agency. Failure to act of a tax obligation within the legal duration leaves the IRS with no choice other than to proceed for your bank account. This happens through communication between the IRS as well as your bank. You will find that on a specific day, in case you are oblivious. It can be more than that and you get a refund following the levy period, although the freezing solely influences the amount equal to your tax debt. Bank levies follow a final notice for thinking to levy and also a notification about your legal right to a hearing. In summary, the Internal Revenue Service notifies you of the bank levies that are pending. The IRS can only take cash which was in your bank on the date a levy is used when implemented.

How to Get Your Levy Removed in Peoria

There’s a window of opportunity for you to utilize to eliminate bank levies from your account. With a professional service helping out, it will not be difficult for you to be aware of when to take your money out of the bank. You additionally have to enter into a payment arrangement with the IRS to stop future bank levies besides removing your funds before the bank levy happens. You can do it by getting into an installment arrangement. Lastly, you can go for ‘offer in compromise’ as a method to get tax forgiveness.

While the alternative sound simple, they can be quite complex to carry out. 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 scenario. We’ve got experience and skills that have made us a number one choice for many folks. For much more details and help, contact us for tax professional assistance.

Other Cities Around Peoria We Serve

Address

Peoria Instant Tax Attorney

411 Hamilton Blvd, Peoria, IL 61602
Phone

(312) 614-1618

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 Peoria We ServeArmington, Atlanta, Benson, Bloomington, Bradford, Brimfield, Bryant, Camp Grove, Canton, Carlock, Castleton, Chillicothe, Congerville, Creve Coeur, Cuba, Dahinda, Dana, Danvers, Deer Creek, Delavan, Dunfermline, Dunlap, East Peoria, Easton, Edelstein, Edwards, El Paso, Ellisville, Elmwood, Emden, Eureka, Fairview, Farmington, Fiatt, Forest City, Gilson, Glasford, Goodfield, Green Valley, Gridley, Groveland, Hanna City, Hartsburg, Havana, Henry, Hopedale, Hudson, Kingston Mines, Knoxville, La Fayette, La Rose, Lacon, Laura, Lawndale, Lewistown, Lincoln, Liverpool, London Mills, Lowpoint, Mackinaw, Magnolia, Manito, Mapleton, Maquon, Mason City, Mc Lean, Metamora, Middletown, Minier, Minonk, Morton, Mossville, New Holland, Normal, Norris, Pekin, Peoria, Princeville, Putnam, Roanoke, Rome, Rutland, Saint David, San Jose, Secor, Shirley, Smithfield, South Pekin, Sparland, Speer, Stanford, Toluca, Topeka, Toulon, Towanda, Tremont, Trivoli, Varna, Victoria, Washburn, Washington, Waynesville, Williamsfield, Wyoming, Yates City

How Much Do Tax Lawyers Cost?

Most qualified and reputable tax lawyers in Peoria will bill their clients on an hourly basis for all services. This may usually be an hourly fee of between $200 and $400. Typically, a tax attorney will require their client make a prepayment, which is known as a retainer. This retainer will be a prepayment based on the amount of hours your tax attorney considers they will be working on your own behalf. This hourly fee will be deducted from the retainer as the work nears conclusion.

Does Tax Debt Affect My Credit Rating?

Your lender reports the missed payment to the credit bureaus, when you do not pay a commercial debt, such as a loan obligation. A tax debt isn't a cause for instant panic since federal law forbids the government or Illinois from reporting your tax debt to the credit agencies. Should you not make arrangements to resolve your tax debt, however, your state (Illinois) and federal governments have the right to file a tax lien against you. A tax lien gives the government the right to seize your assets in lieu of payment. A tax lien is a public record. As such, it'll appear in your credit report consequently this will impact your credit rating.

Will negotiating with the IRS result in a higher tax debt if they find something out?

If you are negotiating with the IRS and it occurs that they find outside something, they may be harsh on you and even threaten you with charges that are serious. This really is a very serious situation, and one which you do not want to handle by yourself. There are times when the IRS has no option however to pursue criminal charges. Generally, this is caused by income tax evasion. In the event you don't, the IRS will require begin to send you notices. The more time you go without reacting or paying the more it seems that you are concealing.

Can I Negotiate My Tax Debt with the IRS?

Yes, you can negotiate your Tax Debt with IRS. It might be less difficult to strike a deal to settle your debt for significantly less than the total balance through an Offer in Compromise, thanks to new guidelines recently issued by the Internal Revenue Service in the event you owe a tax debt to the federal government. The IRS normally approves an offer in compromise when the most they can expect to collect within a reasonable period of time are represented by the sum offered. Yet, it is advisable that you just investigate all other payment options before submitting an offer in compromise. Thus, the Offer in Compromise application is not for everyone.

How Much Do Tax Relief Companies Cost?

Tax resolution firms in Illinois are everywhere, each with extremely varying degrees of ethics and competence. One thing is said by some businesses and do the precise opposite, although this really is not entirely unreasonable. Make sure to read a company's contract . Some businesses verbally guarantee flat fees, but hourly rates are certainly outlined by their contracts. A set fee can be a great thing, since it motivates your tax professional to work difficult to resolve your tax debt.

Do Tax Lawyers Really Work?

Yes, Tax Lawyers do work. As a matter of fact, they understands everything about the tax laws and they understand what to do in different scenarios. Tax lawyers are skilled, licensed and experienced to manage the technicalities involved in settlement procedure and the tax resolution. In case you are in trouble with the IRS just an attorney can give you the attorney-client privilege. Just a Tax lawyer is going to have the expertise in attaining tax settlements. While a CPA may be familiar with some tax resolution plans, they are going to not get a full comprehension of the ins and outs of the various systems in Peoria.

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

The IRS is likely to approve an offer in compromise when the most they can expect to collect within a reasonable time are represented by the sum offered. You must be present with all filing and payment requirements, before the IRS considers your offer. You are ineligible if you are in an open bankruptcy proceeding in Peoria. Use the Offer in Compromise Pre-Qualifier to verify your eligibility and prepare a preliminary proposal. You'll find step-by-step directions and all of the forms for submitting an offer in the Offer in Compromise Pamphlet, Form 656-B.

Can Tax Debt Be Included in a Chapter 13?

A tax debt will likely be treated in Chapter 13 bankruptcy depends on whether it is a priority or non-priority tax obligation. Precedence tax debts aren't dischargeable in bankruptcy and you have to pay them off in full through your Chapter 13 repayment plan. In comparison, non-priority tax obligations are treated the same as your other general unsecured debts (for example credit cards and medical bills) and wiped out when you get your discharge. Thus, you can't remove them only by receiving a discharge and filing for bankruptcy. If you file for Chapter 13 bankruptcy in Peoria, you should pay off your priority tax debts in full through your repayment plan.

How Long Can IRS Collect on Tax Debt?

As a rule of thumb, there is a ten year statute of limitations on IRS collections. This implies the IRS can try to collect your unpaid taxes from the date they were assessed for up to ten years. Subject to some important exceptions, after the ten years are up, the Internal Revenue Service has to discontinue its collection attempts. The statute of limitations expires for thousands of taxpayers who owe the IRS money each year. In case your Collection Statute Expiration Date (CSED) is close, the IRS or state of Illinois may act aggressively to get you to pay as much as possible before the deadline or agree to expand it.

How Much Do Tax Attorneys Charge?

Ordinarily, reputable and most competent tax lawyers will charge their clients on an hourly basis for all services rendered. This will commonly be an hourly charge of between $200 and $400. In most cases, a tax attorney will require that a prepayment, which is called a retainer is made by their customer. This retainer is going to be a prepayment based on the amount of hours that your tax attorney believes they'll be working on your behalf. This hourly fee will be deducted from the retainer, as the work nears conclusion. If the cash is used up before the task is finished, the tax lawyer in Peoria will normally bill you for an additional payment.