Iowa
IowaTax Attorneys
Engaging the services of a tax attorney like those at Anderson Bradshaw can be highly beneficial when dealing with tax issues in Iowa. They specialize in taxation law matters and provide tailored guidance and support to individuals and businesses facing various tax-related issues.
A tax attorney can offer personalized advice based on your specific situation and help you navigate the complexities of tax laws and regulations in Iowa. They can represent your interests when dealing with tax authorities such as the Iowa Department of Revenue or the IRS and guide you in understanding your rights and options.
By scheduling a consultation with a tax attorney from Anderson Bradshaw, you can discuss the details of your case and receive customized advice. The attorney will assess your situation, provide guidance on the best course of action, and work towards achieving the most favorable outcome possible.
Tax attorneys have in-depth knowledge of tax laws and regulations, allowing them to assist clients in optimizing their tax situations, navigating complex rules, and handling disputes with tax authorities. They can provide advice on tax planning strategies, help with structuring finances for favorable tax treatment, manage legal aspects related to taxation, and provide compliance assistance.
The expertise and understanding of tax laws possessed by tax attorneys make them valuable resources for individuals and businesses facing tax issues. Their assistance can help alleviate the stress and uncertainty associated with tax matters and increase the likelihood of achieving a favorable resolution.
It is important to note that tax laws and regulations can change over time, so it is advisable to consult with a qualified tax attorney in your area, such as those at Anderson Bradshaw, for accurate and up-to-date advice on tax issues in Iowa.
Some of the different kinds of tax cases we handle include:
Offers in Compromise
Seeking the assistance of an experienced tax attorney, such as those at Anderson Bradshaw, is crucial when pursuing an offer in compromise (OIC) with the IRS. An OIC allows taxpayers to settle their tax debt for less than the full amount owed, providing a potential opportunity for financial relief.
A tax attorney specializing in OIC cases can provide valuable guidance and representation throughout the entire process. They have a deep understanding of the complex guidelines and procedures involved in the offer in compromise program and can help you navigate through the eligibility requirements.
One of the key roles of a tax attorney is to assess your financial situation and determine if you meet the necessary criteria for an OIC. They will gather the required documentation, analyze your income, expenses, assets, and liabilities, and develop a comprehensive strategy to present the strongest offer to the IRS.
The expertise of a tax attorney is particularly beneficial during the negotiation stage with the IRS. They will advocate for your interests, communicate with the IRS on your behalf, and present your case in the most favorable light. Their knowledge of tax laws and experience in dealing with the IRS can greatly increase the likelihood of a successful outcome.
In the event that your offer in compromise is rejected, a tax attorney can guide you through the appeals process. They will help you understand the reasons for the rejection, gather additional evidence if necessary, and present a compelling case during the appeals proceedings.
Engaging the services of a tax attorney from Anderson Bradshaw can provide you with peace of mind, knowing that you have a knowledgeable advocate on your side who is dedicated to protecting your rights and working towards a favorable resolution for your tax debt.
It is important to note that each tax situation is unique, and the advice and guidance provided by a tax attorney should be tailored to your specific circumstances. By consulting with a tax attorney, you can receive personalized advice and solutions that align with your needs and goals.
Stopping Tax Levies & Liens
A tax lien is a legal claim by the government against a person’s property as a result of unpaid tax debts. The government uses tax liens to secure their interest in the taxpayer’s property and assets.
The procedures for releasing a state tax lien may vary depending on the state and its specific laws. Generally, once the taxpayer satisfies their tax debt, the Department of Revenue will issue a Notice of Intent to Release State Tax Lien. The specific requirements for payment, such as the use of cashier’s checks or certified funds, may be outlined by the state. In some cases, if the payment is made online, a letter of Notice of Intent to Release State Tax Lien may be provided to the taxpayer within 24 hours. If a personal check is used, it may take longer, typically up to 45 days, for the Notice of Intent to Release Lien to be provided.
The IRS also has procedures in place for the release of federal tax liens. The IRS may release a tax lien under various circumstances, such as when the taxpayer has paid their tax debt in full, the collection period ended before the lien was issued, releasing the lien would facilitate the taxpayer’s ability to pay their taxes, the taxpayer has entered into an Installment Agreement that does not allow for the lien to continue, releasing the lien would cause economic hardship preventing the taxpayer from meeting basic living expenses, or the value of the property exceeds the amount owed, and releasing the lien would not hinder the IRS’s ability to collect the debt.
If the IRS denies a taxpayer’s request for the release of a federal tax lien, the taxpayer has the right to appeal the decision. Working with a tax attorney who specializes in tax liens can be beneficial in navigating the release process, understanding the specific requirements, and ensuring that the taxpayer’s rights are protected.
Tax liens and their release procedures can be complex, and the guidance of a qualified tax attorney, such as those at Anderson Bradshaw, can help individuals navigate the process and work towards the best possible outcome. A tax attorney will have a deep understanding of tax laws and regulations, as well as experience in dealing with tax authorities, allowing them to provide valuable advice and representation to protect the taxpayer’s interests.
IRS Audit Defense
When undergoing an audit in Iowa, it is essential for taxpayers to respond to any requests for information or clarification from the Iowa Department of Revenue in a timely and accurate manner. Failure to cooperate with the audit process can result in the issuance of a notice of proposed assessment, which may have legal consequences.
It’s important to recognize that audits can involve both the Iowa Department of Revenue and the IRS, as they may examine both state and federal tax matters. Audits can be triggered by various factors, such as claiming a home office deduction, underreporting income, or questionable business deductions.
Receiving a notice about an audit often accompanies information about potential penalties. These penalties can have significant financial implications, so individuals should take audit notices seriously and consider seeking guidance from tax attorneys or professionals experienced in handling such matters.
In IRS audits, the general statute of limitations allows the IRS to review tax returns for up to three years. However, there are exceptions in cases of major errors, fraud, or substantial underreporting of income, which can extend the statute of limitations.
If facing an audit, seeking assistance from a tax attorney or a reputable firm like Anderson Bradshaw can be beneficial. These professionals possess the knowledge and experience to navigate the audit process, protect the taxpayer’s rights, and help resolve any issues that may arise.
It’s important to note that specific audit procedures and laws can vary, and individual circumstances may require personalized advice from a tax professional at Anderson Bradshaw or another qualified firm.
Unfiled Tax Returns
Unpaid taxes can lead to involvement from both the Iowa Department of Revenue and the IRS. When individuals have unpaid taxes in Iowa, the ADOR may take various actions to collect the outstanding tax debt.
The ADOR can send notices to inform taxpayers of their unpaid taxes, impose penalties and interest on the outstanding amount, and initiate collection procedures to recover the unpaid taxes. These collection procedures may include placing liens on property, garnishing wages, or seizing assets.
Similarly, the IRS treats unpaid taxes as a serious matter. Failure to file tax returns or pay the taxes owed can result in significant penalties. The federal failure to file penalty is generally 5 percent of the net tax due per month or 0.5 percent for every month or part of a month that the tax remains unpaid, up to a maximum of 25 percent of the unpaid tax.
The IRS strongly encourages individuals to file their past due tax returns as soon as possible, even if they are filing late. By filing the tax returns, individuals can prevent further interest and penalties from accruing. Timely filing of tax returns is also important to protect Social Security benefits, avoid complications when obtaining loans, and prevent collection and enforcement actions by the IRS.
It is crucial for individuals with unpaid taxes to address their tax obligations promptly. Seeking assistance from tax professionals like those at Anderson Bradshaw can provide guidance on the best course of action to resolve tax issues and minimize potential consequences. Tax professionals can help individuals understand their options, negotiate with tax authorities, and develop a strategy to address their tax debt effectively.
Innocent Spouses
Innocent spouse relief is a provision available to couples who file joint tax returns and meet certain criteria. It offers a way for an innocent spouse to avoid being held responsible for additional taxes resulting from an understatement of taxes on their joint tax return.
To qualify for innocent spouse relief, the innocent spouse must establish that they had no actual or constructive knowledge of the understatement of taxes. They must also demonstrate that it would be unfair to hold them liable for the tax debt. Generally, innocent spouse relief is available to couples who are still married and living together in the same household.
It’s important to note that innocent spouse relief must be requested within a specific timeframe. The IRS requires individuals to request relief within two years of the agency’s collection actions. Therefore, taking timely action is crucial to preserving the right to seek innocent spouse relief.
Given the complexity of innocent spouse relief cases and the need to meet specific criteria, it is highly recommended to seek legal representation from a tax attorney experienced in handling innocent spouse relief cases. An attorney at Anderson Bradshaw with expertise in this area can provide the necessary guidance and assistance throughout the process, ensuring that your rights are protected and increasing the chances of a successful claim. They can help gather the required documentation, present a strong case for relief, and navigate the intricacies of the innocent spouse relief requirements.
Contact Our Iowa Tax Attorneys
Seeking the assistance of a qualified tax attorney, such as those at Anderson Bradshaw, can provide significant benefits when facing tax problems in Iowa. Their expertise in Iowa tax laws and regulations allows them to offer personalized guidance and representation tailored to your specific situation.
A tax attorney from Anderson Bradshaw will carefully assess your circumstances, analyze relevant tax laws, and develop a customized strategy to address your tax problems. Whether you’re dealing with audits, wage garnishment, failure to file taxes, or other tax-related matters, they can help you understand your rights, obligations, and available options.
Having a tax attorney by your side can alleviate the stress and complexity associated with tax issues. They will ensure that your rights are protected throughout the process and work towards achieving the best possible outcome for you. They will effectively communicate with the Iowa Department of Revenue or the IRS on your behalf, advocating for your interests and negotiating on your behalf.
Anderson Bradshaw’s expertise in tax matters and their commitment to providing personalized service can be invaluable in helping you navigate the intricacies of Iowa tax laws and regulations. They will guide you through the process, help you comply with tax requirements, and work towards resolving your tax problems efficiently and effectively. By engaging their services, you can have peace of mind knowing that you have a knowledgeable advocate on your side, dedicated to achieving a favorable resolution for your tax issues.
Our tax attorneys provide IRS tax help for residents all over Iowa including Des Moines, Cedar Rapids, Davenport, Sioux City, Iowa City, West Des Moines, Ankeny, Waterloo, Ames, Council Bluffs, and many more. Call (877) 986-1156 or contact our Iowa tax attorney online to schedule a free consultation.
Tax Relief Help Across The Country
Over 32 Years of Experience
4557
Happy Clients
112
Million Dollars Saved
50
U.S States Served