Indianapolis Tax Attorneys Guide Those Unable to Pay Their Taxes to the IRS

Indiana Law Firm Help Struggling Taxpayers Avoid Penalties and Interest Charges

Millions of Americans struggle with financial trouble and debt problems. If you're unable to pay the IRS the federal income tax that you owe, contact the lawyers at Saeed & Little LLP – we understand your situation and genuinely want to help.

Don't Panic

If you're unable to pay your taxes, it's important not to panic. If you cannot pay the full amount owed, you should still file your return by the deadline and pay as much as you can afford to avoid penalties and interest. You should also contact the IRS to discuss your payment options, such as:

• Short-term extension to pay
• Installment agreement
• Offer in compromise
• Waiver of penalties

Interest charges that accrue on unpaid tax bills cannot be waived by the IRS. If you already have an installment agreement and are unable to make those payments because your ability to pay has changed, call the IRS immediately – you may be able to reduce the monthly payment to reflect your current financial situation.

If the IRS has a levy on your wages to pay off your taxes and this is creating a financial hardship, the levy can be released, but this does not mean that you are exempt from the unpaid balance. But the IRS will work with you to establish a payment plan or take other steps to help you pay off your balance. Contact the Taxpayer Advocate Service (TAS) if you are unable to resolve a tax problem with the IRS. TAS is an independent organization within the IRS that will help if your problems cannot be resolved through the normal channels.

An attorney experienced with tax payment issues, such as those as Saeed & Little LLP assists taxpayers in audits, appeal and collection disputes, helps formulate responses to IRS notices, and can help correct account problems. Contact our firm online or by calling 317-685-2426 – your initial telephone consultation will be free of charge.