Areas of Tax Law Practice
The team at the Law Office of Lance R. Drury specializes in tax law. Our experience and comprehensive knowledge of tax laws and regulations allow us to provide a wide range of services for individuals, small businesses, and corporations that involve the IRS. If you have received debt collection notices, have been visited by an IRS revenue officer, or are involved in a complex tax matter, contact us to learn about your options.
Tax Litigation & Controversy
Tax laws change frequently and require detailed analysis and research to reach the best possible outcome. Our expertise in the areas of tax law practice enables us to address controversial tax-related issues.
If the IRS finds discrepancies in your taxes, you were flagged in a random screening selection, or you have ties to a person or business being audited. An IRS lawyer can help you avoid unnecessary red flags and minimize liability after the audit.
Unlawful Tax Avoidance
There are legitimate ways to reduce or avoid tax liability. However, if you inadvertently or purposefully took unlawful action, you could face tax fraud or evasion charges.
Late of Unfiled Taxes
If you filed late or didn’t file at all because you couldn’t pay the tax bill, the IRS could take your return. This includes levying penalties and fines, garnishing your wages, seizing your refund, and putting you into collections.
IRS Investigations & Revenue Officers
You don’t have to wait until charges are filed or you receive an audit notice to retain legal counsel. IRS revenue officers must adhere to specific rules and regulations when using levies, liens, and seizures to collect a tax debt. If the revenue officer assigned to your case is harassing you or using unacceptable tactics, we can help.
Federal Tax Liens
The IRS can file a lien against all of your property to collect the tax debt owed. This can impact your credit, affecting your ability to qualify for a loan or lease.
Innocent Spouse Relief
The IRS may attempt to collect taxes owed by your spouse or former spouse from you. There are various relief options available, depending on your situation.
Common Tax Issues for Businesses
The taxes your business pays depend on various factors, from the entity type to what you sell. As a result, tax issues often require intimate knowledge of tax laws. We can help you stay on track or get back on track with a variety of tax concerns.
Tax Fund Recovery Penalty
For small business owners struggling in their operations, falling behind on payroll tax payment can cause issues with the government
Businesses must also pay sales and use tax if they sell goods. If it collected the appropriate funds but did not pass them to the government, the IRS could penalize the company and individuals.
Underpayment or Poor Recordkeeping
If the tax amount paid by the business was insufficient or if an auditor is requesting documentation the company doesn’t have, the IRS may levy fines.
An IRS tax lawyer at The Law Office of Lance R. Drury can help you determine what documentation you need and the best approach for reducing fines and fees.
Tax Planning and Preparation
Effective tax planning and legitimate reduction strategies can minimize your tax liability. Regulations and policies frequently change, making it critical that the IRS tax lawyer you use has in-depth, up-to-date knowledge. There are several situations in which you can benefit from an experienced tax attorney.
If the auditor did not allow all of the documentation provided or if the IRS made an audit determination without your knowledge, we can represent you in an appeal and challenge the audit in tax court.
Currently Not Collectible
If paying the IRS creates an undue hardship for the taxpayer, it may cease all collection activity. In some cases, the IRS may request updates periodically to verify that the difficulty still exists.
Offer in Compromise
This is a complex process used under a particular set of circumstances to reduce or remove the amount due to the IRS. It takes into consideration your ability to pay, asset equality, expenses, and income. Applying for this option involves combing through financial records, completing various forms, and producing the right documentation.
The IRS can assess penalties in addition to the taxes and interest due as a result of failure to file a return, pay taxes, or misreport tax liabilities and taxpayer information. The penalties can be nearly as much as the back amount due. We can dispute the penalty and potentially have it reduced or removed entirely.
If the IRS places a legal claim against your property to pay a tax debt, we can help develop a strategy to negotiate the lien’s release and set up a sensible repayment plan. Depending on your situation, we may be able to get the debt reduced or removed.
Overpayment and Refund Claims
You are entitled to a refund if you overpaid your taxes. However, filing the claim for these funds can be confusing. An IRS tax lawyer can help you navigate the process and help it go smoothly.
If you have financial issues or concerns regarding taxes and the IRS, contact us to schedule a free consultation. We can help assess the situation and determine your options to minimize your tax liability.
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