Taxation: IRS Matters Attorney servicing Northern Illinois Counties

At the Law Office of Robert Thomas we understand the complexity of the IRS and their collection efforts against individuals and businesses countervailing the fundamental rights of each and every taxpayer. We successfully negotiate and resolve tax problems for individuals and corporate clients by: quickly determining what stage the IRS is at in regards to your situation, delivering tax relief for major tax debt, providing advice on the best legal structure for a new business, reviewing tax law suits, assisting in the case of a tax audit, help with criminal charges for taxes, and clarifying how tax can affect an estate, business, and financial affairs.

Wage Garnishment

Wage Garnishment is the process of deducting money from an employee’s monetary compensation (including salary), sometimes as a result of a court order. It continues until the entire debt is paid or arrangements are made to pay off the debt.

Levy

A Levy (or seize) is a collecting effort of tax by authority of the amount owed or collected.

Lien

A Lien (or legal claim) is a right to keep possession of property belonging to another person until a debt owned that person is discharged.

Fresh Start Forgiveness Program

The Fresh Start Forgiveness Program is an agreement between the IRS and the taxpayer that settles the tax debt for less than the full amount due. The taxpayer should consider this option as the last resort. Taxpayers will not qualify for this option if the IRS believes that the taxpayer can pay the tax due in full or via an installment agreement (or payment plan). The taxpayer must submit an application to the IRS in which the taxpayer reveals their income, expenses, assets and liabilities. The taxpayer must describe their financial situation in detail for the IRS to conclude that there are special circumstances.

Payment Plan

If you don’t qualify for the IRS Fresh Start Forgiveness Program, a Payment Plan may be the best way for you to resolve your tax problem. This is an agreement between the IRS and the taxpayer that the taxpayer will pay the IRS each month a pre-determined amount of money. This pre-determined payment is calculated based on a complicated mathematical formula using National Standard deductions for food, housing, clothing, medical and transportation costs. For the first year, the taxpayer can use his/her actual expenses but is required to come into compliance with the National Standards after the first year. Your payment plan must consider your current income situation when you request a Payment Plan.

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