Tax Attorney or Tax Debt Relief Firm: Which Is Best For You?

What is a Tax Attorney? 

Have you personally or your business received a notice from the IRS claiming that you owe a certain amount of money or are you receiving audit notices? If you are a taxpayer who is struggling with outstanding balances or other issues with the IRS, hiring a tax attorney or tax debt relief firm may become a necessity for you. A tax attorney or an IRS attorney is a lawyer or law professional who specializes in the field of tax law. Let us look at if your specific issue requires a tax attorney or if it could be a better option for you to turn to a tax debt relief firm.  

While a tax debt attorney can represent you before the IRS and in court, hiring a tax debt relief firm may be a better option for you if you would like to take a more expansive approach. A tax debt relief firm has an entire team of tax professionals who can assist you with every aspect of your tax debt. Here at CuraDebt we can help you with tax returns, back taxes, lifting liens and levies, representation before the IRS, negotiations with the IRS, obtaining documents, and all the elaborate paperwork that is involved.  

Our team of Tax Professionals at CuraDebt 

At CuraDebt, you will be assigned a Case Manager who will work on your case directly with an enrolled agent or tax professional. As our client, your case will be handled on an individual basis, and you will receive our professional tax services at a reasonable flat rate. You do not have to worry about a rising hourly bill. We are committed to keeping our fees within a reasonable amount, so that you can feel confident that we are taking care of your tax needs at an honest rate. 

If you are in need of professional tax help, you have come to the right place. We are able to assist you with all issues regarding the Internal Revenue Service. If you owe an outstanding balance to the IRS, our team of tax professionals will review your financials and will help set up a resolution plan that is fit to your financials. We will never charge you for more than what is necessary. 

Here are some resolution options that you may qualify for: 

Streamlined Installment Agreements (SIA) 

 If you have disposable income left over monthly according to the IRS standards, an installment agreement would be an option for you. The IRS calls these installment agreements “streamlined” because they do not require verification of your assets, expenses, liabilities, or income. These payment plans usually carry 72-month terms. However, they never extend beyond the Collection Statute Expiration Date (CSED). That is the date your tax expires, or the IRS cannot collect on it anymore. 

Partial Payment Installment Agreements (PPIA) 

A Partial Payment Installment Agreement (PPIA) is a monthly payment plan option for taxpayers who have a tax balance but are unable to pay the IRS in full before the Collection Statute Expiration Date (CSED). The IRS examines a taxpayer’s qualifications on an individual basis, and requires that you disclose all financial information. They have the authority to provide a required monthly payment plan based on what they determine you can afford. 

Offer in Compromise (OIC) 

An offer in compromise allows you to settle your tax debt for less than the full amount you owe. It may be an option if you can’t pay your full tax liability or doing so creates a financial hardship. 

Currently Not Collectable Status (CNC) 

There are times where you agree you owe the IRS, but you cannot pay due to your current financial situation. If the IRS agrees you can’t both pay your taxes and your basic living expenses, it may place your account in a Currently Not Collectible (CNC) status. 

At Curadebt, we strive to find the best resolution plan for you, according to your financial situation. As our client, you will be treated as an individual and will never be asked to pay for more than what is necessary. Call us today to find out more about our services.  

Call us today for your free consultation. 1-877-850-3328