When you have tax problems, it’s very important to tread the issue lightly. IRS matters are very sensitive, and a slight misstep could cost you dearly in terms of money, time, and even freedom. Settling an IRS tax issue can be a complex process and you may not understand certain aspects of it completely.
When citizens refuse to pay taxes, file tax returns, or reveal all of their income sources, the IRS can charge them with criminal offenses such as tax evasion and fraud. These charges come with severe penalties such as fines, wage garnishments, interest on tax owed, loss of reputation, and possibly even incarceration.
To save yourself from IRS penalties and possible criminal charges, it’s best to have a lawyer represent you throughout the process of dealing with your tax problem. Such a professional understands everything there is to know about tax laws, which can be valuable to you having the right solutions for anything the IRS can throw at you. They have the knowledge, skill, and expertise necessary to help you device a plan of action for your IRS case and follow it through.
Don’t attempt to negotiate with the IRS on your own. Remember that once the IRS opens a formal investigation on your files, any information you provide can be used against you. A tax lawyer by your side can protect you from mistakes that could be detrimental to your case.