We can compare taxes to a pile of dirty dishes in our sink. Unless we take care of them, they are going to keep piling up. 

The only difference is, dirty dishes can bring disease while overdue taxes put the IRS on your back.

Unpaid taxes have many repercussions, including penalties and criminal tax prosecutions.

Holding off taxes for later means you need to repay the original amount with the accumulated interest.

However, you can help yourself by consulting an experienced tax attorney to resolve the issues.

Tax law can be incredibly complicated and challenging to follow.

A lawyer can help you with all the tax law sectors’ ins and outs with their diverse set of skills.

Tax attorneys are also public accountants with a deep understanding of creating books and maintaining records.

They can help you with deadlines and reporting obligations. You can also complete filing your tax returns correctly and apply for a collection deadline extension if necessary.

Did you receive the notification from the IRS?

In case you receive the notification from the IRS, you can still avert criminal charges. You can comply with the state agencies and the IRS.

Instead of paying criminal tax penalties, you can settle with civil compensation paid along with interest.

The court allows a civil prosecution under the evidence that your non-compliance was involuntary.

You can also prove you had reasonable cause for the delay in filing returns.

For instance, you were hospitalized around the month of the due date. The agency may consider your case and waive the penalties altogether.

Facing criminal charges?

If you face criminal charges, criminal tax defense attorneys can assist you. Along with their representation, you can reduce the damage and the penalty.

The matter can also be settled outside of court if you work towards a deal with the IRS. You can repay your dues along with the civil penalty.

If settlement talks fail, your lawyer can fight your case in court. However, the conviction rate by the IRS referral is statistically high.

What is the best solution?

It is best if you hire a tax attorney before the IRS audit and appeal.

Tax attorneys also ensure asset protection.

You can also seek their help in business tax or employee tax disputes.

You can also plan a trust fund or find out your status on tax benefits and penalty reliefs. They can handle your IRS litigation with discretion and assist you even in the most complex cases.

Fill-up the form on our website and get in touch with expert legal advisors and attorneys.

Solution: If you are unable to file taxes due to bankruptcy in Singapore