Some Mississippi residents may be able to legally avoid paying up to 90% of their tax debt

Find out if you qualify with a quick consultation with our BBB A+ Experts

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!

Finally put an end to your worry and fret over future tax issues

Highly Experienced Gulfport Tax Lawyer

Our Team is Ready to Help Out Residents of Gulfport

Among the primary difficulties that Gulfport citizens run into in relation to IRS back taxes is feeling overwhelmed and concerned regarding the money that they owe.

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

It’s simply not fair what they put normal tax payers through, and we believe they should not get away with it any longer.

That’s why, for a restricted time only, people who are having trouble with back tax debt in the state of Mississippi, but more particularly Gulfport may qualify for a free 7 Day Free Trial of all of our tax relief services. That means you do not pay a penny for the full use of our seasoned team for a complete week.

30 Day Money Back Guarantee that’s on top of our no questions asked. In case you aren’t satisfied for any reason with our service, just let us know within 30 days, and you will get all of your money back.

What is it that you’re looking forward to? The longer that you wait and put it away, the more penalties and interest costs the IRS will tack on to the quantity that you simply owe. Take action and call our Gulfport team a call now to get started!

Give our Mississippi team a call now!

The IRS so keep it before it happens can legally steal property or your home and let our Gulfport team fight for you.

Bank levies are charges levied on your own Gulfport bank account when you have outstanding tax debt. Regrettably, the procedure isn’t always smooth. Typically, the institution ends up freezing all the money that is available in a specified account for a period of 21 days to deal with a person’s or a company’ tax obligation. During the halt, you can’t get your money. The sole possibility of getting them at this stage is when the interval lapses when they are unfrozen. Preventing the levy lets you get your resources for matching with other expenses.

When and Why Levies Get Slapped On

The Internal Revenue Service bank levies are applied to your account as a final resort for you to pay taxes. It happens to people in Mississippi that receive many appraisals and demands of the taxes they owe the revenue agency. Failure to act within the legal duration of a tax obligation leaves the IRS with no choice besides to go for your bank account. This occurs through communication between the Internal Revenue Service as well as your bank. You will find that on a specific day, in the event you are not aware. The sum equivalent exclusively influences to your tax debt, but it can be more than that and you get a refund after the levy period. Bank levies follow a final notice for thinking to levy and also a notification about your legal right to a hearing. In short, the IRS notifies you of the bank levies that are pending. The IRS can only require money that was on the date a levy is used in your bank when employed.

How to Get Your Levy Removed in Gulfport

There’s a window of opportunity for you to utilize to remove bank levies from your account. By being a step ahead of the IRS, you do away with the bank levies. With a professional service it’s going to be easy that you know when to take your cash out of the bank. You also have to enter into a payment arrangement with the IRS to stop future bank levies, before the bank levy occurs besides removing your funds. You can do this by getting into an installment arrangement. You may also appeal and seek qualification for ‘uncollectable status’.

They could be extremely complicated to implement, while the alternative seem simple. Understand every aspect of the law, have the resources to do so, you have to act fast and deal with associated bureaucracies levied by banks and the IRS. The smart move would be to call us for professional help by means of your IRS situation. We’ve expertise and abilities that have made us a number one choice for a lot of individuals. For much more details and help, contact us for tax professional aid.

Let our Gulfport team help you remove a wage garnishment quickly, and get back your hard earned money.

What is a Garnish of Wages?

In the event you owe the Internal Revenue Service back taxes and do not react to their phone calls or payment notices then chances are that you may be subjected to an IRS wage garnishment. In other quarters, it’s also known as wage attachment or a wage levy. It’s worth noting that a court order is generally not needed and other state and federal laws pertaining to the overall sum of exempted from garnishment does provide several exceptions for the wage levies.

The garnishment procedure is generally quite extended, first the IRS discovers how much you owe them in back taxes, once this has been done, they will send you several payment request notices in the email in addition to more than a single phone call with regards to the debt in question. You normally have thirty (30) days to get in touch with IRS with regards to this notice before they go ahead and forwarding the notice to your Gulfport employer. Once this notice has been sent to the Gulfport company, you have an additional fourteen (14) days to make an answer before garnishment of wages starts. The employer usually has at least one pay period before they’re required to send the funds, after receiving a notice of levy.

How Much Can they Garnish from My Paychecks?

IRS garnishment rules generally allow the IRS garnish or to deduct more or 70% of an employee’s wages; this is mostly done with the intention of convincing the employee or his representative to get in touch with IRS to settle the debt. It is also worth mentioning that the income which are exempted from garnishment do depend on the tax filing status of the garnishee (filing jointly, married or single) and any number of listed dependents on the tax return.

Wage garnishments are typically one of the very aggressive and harsh tax collection mechanisms and one should never take them lightly, as a matter of fact, they would rather solve tax problems otherwise and only sanction this levy when they feel they’ve ran out of feasible options. Though paying off the taxes you owe the IRS is the simplest way out of such as scenario, this really is generally not possible because of wide selection of motives. First of all, you may not have the tax liability or the entire sum may belong to your ex spouse or somebody else, you will be required to establish this though.

What should I do next because of a wage garnishment?

You therefore need to discuss any payment arrangements with the Internal Revenue Service and do so quite fast. In this respect, it is critical that you simply get in touch with an expert who’ll help you to easily get a wage garnishment release and quit or end the garnishment. We are a Gulfport BBB A+ rated tax business with a team of exceptionally qualified tax attorneys with years of expertise as well as a long list of satisfied customers to demonstrate this. Touch base with us and we promise to get back to you within the least time possible, normally within one working day or less.

If you have neglected to pay your taxes for a few years, our Gulfport team can help you get back on course.

Have you forgotten to file your unpaid tax returns for a number of years? We can assist.

The W-2S and 1099 forms for each tax year are crucial when filing your tax returns that are back, you receive. In case you’re eligible to deductions and credits; you must collect any other supporting document that can demonstrate your qualifications to the claim.

You must make use of the form to request for 1099S, W-2S which should provide support for your tax write-offs. Nevertheless, you should not expect to get a duplicate of the initial file. IRS will give you a transcript containing the info you should file your tax returns. The Internal Revenue Service may take up to 45 days to process this request.

In addition, your back tax returns should be filed by you on the initial forms for that tax year. Begin by seeking the IRS web site for them. After you’ve gathered all the relevant documents, double check to make sure that you’re using the instructions related to exactly the same tax year returns are filling for. Tax laws are constantly changing and using the wrong directions may need the filing procedure to be started by you once more. Finally, you should submit all of the forms to the Internal Revenue Service through the address.

What to Do With Un-Paid Returns

You need to contain as much payment as you can, for those who have some additional income tax for the previous years. This means you may reduce interest charges accumulation. Unlike the tax fees which stop once they’re at the maximum to accumulate, the monthly interests continue to accumulate until the tax has been paid by you. Following your tax returns have been received by the IRS, they’ll send you a notice of the precise quantity that you must pay as a penalty and interest rate.

You will have to work with all the Internal Revenue Service in case you are unable to pay your tax returns in full. Nonetheless, you should note the past due debts and back taxes, can decrease your federal tax refund. Treasury offset program may use any outstanding federal or state debt to settle.

You should be aware of the Department of Treasury’s of the Fiscal Service, the Agency of the Fiscal service or simply BFS – runs the offset plan from the treasury. It might use your total tax refund or component to pay some debts including unemployment compensation debts, student loans that are delinquent, and parent support. For those who have filed tax returns together with your spouse you might be entitled to part or the entire offset.

But if you owe any shared responsibility payment, IRS can offset the obligation against tax refund due to you.

What You Should Do If You Have Back Tax Returns

If you have not filed your back tax returns for several years, you can consult our BBB A rated Gulfport tax law firm for help.|} Our team of experts in Mississippi is always ready to help you solve your issues and in addition they are always ready to answer your questions.

Has the IRS been sending notices and letters to you? Want that to stop right away? We can assist.

Notices and IRS Letters are sent to people in Gulfport who haven’t filed their tax returns or haven’t paid all of their tax obligation. The IRS is responsible for collecting taxes due from citizens to make sure the Federal Government has the funds to conduct its business. The Internal Revenue Service assumes that taxpayers who neglect to pay their taxes and who are delinquent in filing their tax returns are discounting the reason taxes are important. The Internal Revenue Service also presumes that citizens would not have an excellent reason for not meeting their tax obligations. Competitive pursuit of these citizens is the reason IRS letters and notices are sent. For performing swift group actions, delinquent taxpayers are on the Internal Revenue Service radar. Citizens have to recall that the IRS doesn’t have to commence any court actions to impose wages, bank accounts and property. Pension income could be attached.

Penalties are prolific. In 1988, there were just 17 fees that the IRS could impose, but now the different of fees is 10 times that amount. The IRS also has over 75 distinct letters and notices it can send to individual taxpayers. Some of these can surely become serious difficulties for the citizen.

Examples of Notices

Notice of Under-Reported Tax Debts

A notice that maintains a taxpayer has under reported their income is a serious matter. Often, this may be reconciled easily, but the taxpayer will be evaluated interest along with a penalty if the IRS claim is valid. Then the citizen may be accused of filing a fraudulent return, if this notice spans more than one year of tax filings. The interest and the penalties will amount to an incomprehensible sum of money irrespective of the perceived motive.

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 action, and this letter will stipulate an amount of time the taxpayer has to resolve the delinquency. This notice follows letters which have been sent to the citizen in an effort to solve the delinquency before it attains the collection action.

Home Lien

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 include the total amount of the lien as well as the governmental bureau where it was recorded. This lien will avoid the citizen from selling the property until the lien is filled, or the lien amount will be deducted from the proceeds of a sale. The Internal Revenue Service may also compel the selling of the property to obtain satisfaction of the lien. If a sale is planned, a notice will be issued.

What to do with a letter

The taxpayer should never discount IRS letters and notices. Instead, they ought to immediately seek help with these possible threats to their financial security. Contacting our BBB A+ Gulfport law firm is even more significant if notice or a letter was received. We’ve got many years of successful experience in working with the IRS and state of Mississippi to resolve taxpayer problems.

You can instantly cut your tax debt in half by using our penalty abatement program.

Once the IRS hit you or your Mississippi company using a tax bill, it usually adds penalties and interest fees. Some fees, like late payments, they are included by IRS computers.

In the event that you do not complain once penalties are inflicted, the IRS supposes you recognize them. Luckily, a fee can be confiscated by the IRS just as straightforward as it included one. The key to the domain of the tax penalty relief is showing a sensible reason for your letdown to mind with tax law.

The total amount of tax code fines that are different is staggering. Here are some of the fees that IRS will tack on to the debts of individuals who have not filed their tax debts that are overdue.

Incorrectness:

The Internal Revenue Service will impose a 20 % fee on you if you greatly minimized your taxes or were negligent. This precision-related fine is employed the IRS learns it and also when you are unable to establish a deduction in a review, or you did not submit all your income.

Civil deceit:

A fee 75% can be attached, in the event the Internal Revenue Service finds that you weren’t reported your income with a deceptive intention.

Delayed Payment:

This late payment fine is tacked on by the Internal Revenue Service computer whenever you file a tax return devoid of paying the outstanding balance, or when you make a delayed payment. Fines for failing to make payroll tax deposits punctually are considerably elevated.

Not Filing on time:

The IRS can fine you an extra 5% per month on any outstanding balance, if you did not file your return on time. However, this punishment could be used just for the first five months after the due date of the return, equal to a 25% higher price. The IRS can still impose lesser punishments, when there’s no outstanding balance.

Once you know the reason and also the way the IRS hit you with fines, you can demand that they be abridged or eliminated. The IRS name for this process is known as an abatement. Approximately one third of all tax penalties are ultimately abated, and it will not be less if you understand the approaches to fight them.

Merely notifying the IRS that you really do not like a fee, or cannot actually afford to compensate it, will not work. You must show practical cause, which means a supplication that is good. As stated by the IRS, any sound cause advanced by a taxpayer as the reason for postponement in filing a return making deposits, or paying tax when owed will be carefully examined.

Methods to request for interest abatement and an IRS penalty

When you get a tax notice with tax penalties, submit your request for abatement in writing, following a filled up form, but be brief and clear cut.

Enclose the following documents with your written request.

  • Letter from a registered medical practitioner, describing your state that prevented you from filing your tax return punctually.
  • Death certificate substantiating the bereavement of your blood or close relationships.
  • A detailed report from the fire division if your property is damaged due to fire.

What to Do Next

For those who have been levied penalties by the IRS, there are several easy and effective methods to get your tax fines or interest condensed or even eliminated absolutely. We have really been in the industry for decades and we are dedicated to offer our customers a professional IRS penalty and interest abatement service in a legal manner. Contact us today to solve your tax problems all and the related fees levied by the IRS on you or on your Gulfport company.

Other Cities Around Gulfport We Serve

Address

Gulfport Instant Tax Attorney

2909 13th St, Gulfport, MS 39501
Phone

(601) 840-0005

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 Gulfport We ServeBay Saint Louis, Biloxi, Brooklyn, Carriere, Diamondhead, Diberville, Escatawpa, Gautier, Gulfport, Hurley, Kiln, Lakeshore, Long Beach, Lucedale, Lumberton, Mc Henry, Mc Neill, Moss Point, Nicholson, Ocean Springs, Pascagoula, Pass Christian, Pearlington, Perkinston, Picayune, Poplarville, Saucier, Stennis Space Center, Waveland, Wiggins
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Does a Tax Attorney Need a CPA?

Tax attorneys specialize in the minutiae of the IRS tax code. They supply advice on legal issues that are complex, especially in the areas of estate planning, trusts, tax disputes, and business tax law. Attorneys are strong negotiators who analyze case facts in light of the law and construct arguments which best support a position that is desired. They may use the court system in ways that provide leverage in resolving tax cases in Mississippi. Thus, they might need a CPA planning for future tax years and when maximizing deductions.

What Do Tax Lawyers Do for You?

Tax lawyers in the Gulfport area help you solve your tax issues with the Internal Revenue Service since they specialize in the minutiae of the IRS tax code. They provide advice on complex legal issues, particularly in the areas of tax disputes, estate planning, trusts, and business tax law. Lawyers are strong negotiators who develop arguments which best support a position that is desirable and analyze case facts in light of the law. They can use the court system in ways that provide leverage in resolving tax cases.

What Sort of Tax Debt Resolution Programs Are Available?

There are several IRS tax aid programs to help, including the agency's Fresh Start initiative. The program allows people to make smaller monthly payments until the whole debt is filled. An Offer in Compromise (OIC) lets citizens forever settle their tax debt for less than the amount they owe. The OIC is an important instrument to help individuals in small conditions; citizens are eligible only after other payment options have been exhausted. In rather limited circumstances, fee abatement may be offered by the Internal Revenue Service to individuals who haven't paid their taxes because of an exceptional adversity in Gulfport.

Can My Tax Debt be Forgiven?

Yes, your Tax Debt can be forgiven, but the tax impact of cancellation or debt forgiveness will depend on your own individual facts and conditions. Usually, in the event you borrow money from a Mississippi commercial lender and the lender after cancels or forgives the debt, you might need to include the cancelled amount in income for tax purposes. The lending company is generally required to report the amount of the canceled debt to you personally along with the IRS on a Form 1099-C, Cancellation of Debt. There are many exceptions to the taxability of debt that is cancelled, including insolvency or bankruptcy.

Can I Negotiate My Tax Debt with the IRS?

Yes, you can negotiate your Tax Debt with IRS. It may be easier to strike a deal to pay your debt for under the full balance via an Offer in Compromise in the event you owe a tax debt to the federal government. The Internal Revenue Service normally approves an offer in compromise when the most they can expect to collect within a fair time are represented by the amount. Nonetheless, it is advisable that you explore all other payment options before submitting an offer in compromise. Therefore, the Offer in Compromise program isn't for everybody.

What Should I Do If I Can’t Pay My IRS Tax Debt?

The IRS has payment options available, if you can't pay the taxes you owe. Which alternative might work for you normally is dependent upon how much you owe and your present financial situation. Each alternative has different conditions and some have fees. Individuals facing financial issues may find that there's a tax impact to events such as Gulfport job loss, debt forgiveness or soliciting on a retirement fund. For instance, if your income fell, you might be newly eligible for certain tax credits, like the Earned Income Tax Credit. Above all, should you believe you might have trouble paying your tax bill, contact the IRS immediately.

How Much Can My Tax Debt Be Reduced?

Depending on your own individual situation, you can expect to reduce your tax debt by anywhere from 25% to 80% and beyond. When you have faced substantial financial hardship for example job loss, medical emergency, or something different, in Gulfport, you may qualify for some plans that might dramatically lower your debt. But if you don't, only by removing the IRS penalties and interest fees, you can readily get 25% to 40% off of the amount you owe.

How Often does the IRS Accept an Offer in Compromise?

The Internal Revenue Service frequently accepts an offer in compromise when the sum offered represents the most they are able to expect to accumulate within a fair time. For this reason, you are advised to research all other payment options before submitting an offer in compromise from Gulfport. The Offer in Compromise application isn't for everyone. Therefore, if you think about hiring a tax professional to allow you to file an offer, make sure to assess his or her qualifications. Also, before they can consider your offer, you have to be present with all filing and payment requirements.

Can Tax Debt Be Included in a Chapter 13?

How a tax debt will be treated in Chapter 13 bankruptcy depends on whether it's a priority or non-precedence tax obligation. Precedence tax debts are not dischargeable in bankruptcy and you must pay them off in full through your Chapter 13 repayment plan. In comparison, non-precedence tax obligations are treated the same as your other general unsecured debts (for example credit cards and medical bills) and wiped out when you receive your discharge. Most taxes are considered priority debts in bankruptcy. Therefore, you can't remove them merely by filing for bankruptcy and receiving a discharge. If you file for Chapter 13 bankruptcy in Gulfport, you need to pay off your priority tax debts in full through your repayment plan.

Does Tax Debt Affect My Credit Rating?

Your lender reports the neglected payment to the credit bureaus when you do not pay a commercial debt, such as a loan obligation. A tax debt is no cause for panic that is immediate since federal law forbids the government or Mississippi from reporting your tax debt to the credit bureaus. If you don't make arrangements to resolve your tax debt, nevertheless, your state (Mississippi) and federal governments have the right to file a tax lien against you. A tax lien provides the authorities the right. As such, it'll appear on your credit report thus this can impact your credit score.