Charlotte, May 15, 2020 (Issuewire.com) - Every business owner in Charlotte, NC needs to be extra vigilant with day-to-day operations, especially when it comes to taxes. The last thing any business owner wants is to slip up and get an IRS notice, audit, or penalty. Ignoring any of these notices may attract serious troubles.
While having tax problems is not an ideal situation, there are several ways that one can leverage to get on Uncle Sam's good side. Getting the help of an attorney, for instance, is recommended for serious issues such as an accusation of tax fraud or evasion. Issues of such magnitude come with accusations of breaking the law, and it is important to get an attorney to handle the backlash.
David B. Newman attorneys have over 40 years of experience in the taxation industry and are dedicated to providing some of the best tax law services in the greater Charlotte area. Specializing in both business tax problems and personal finances, they know a thing or two about the significance of working closely with an attorney when faced with IRS issues.
"Resolution of tax problems is usually complicated but working with an experienced attorney who specializes in providing tax relief to businesses and individuals can help resolve tax issues at both state and federal levels," says David Newman. "They can help taxpayers secure offers in IRS payment plans, compromised settlements, penalty abatement, hardship status, the release of liens, innocent spouse relief, preparation and filing of un-filed taxes, and other tax settlement issues."
IRS Audits and Negotiations
In most cases, working with a tax attorney will result in fewer tax penalties and more affordable IRS payment plans. However, when a business owes back taxes and needs the services of a tax attorney to help secure a tax relief, the issue at stake becomes more than what is on the balance sheet. Back taxes and other IRS issues can be both personally and financially crippling.
Getting the representation of an attorney offers more than tax relief; it also gives some mental relief. After hiring a tax attorney, they will take over all the communications with IRS and provide professional guidance throughout the process to avoid potential mistakes, which may lead to additional debts. And after a tax audit, an attorney may also help lower a determined business debt by requesting for penalty abatement, negotiating a payment plan, and making an offer in compromise.
About David B. Newman, LLC
David B. Newman, LLC is one of the leading tax attorneys in the Charlotte area. As certified tax attorneys in New York State, they are permitted to represent taxpayers in any state, including North Carolina. Thanks to their over four decades of experience, these attorneys provide sound and fast tax resolution to residents of the greater Charlotte area to enable them to get tax worries off their shoulders within the shortest time possible. Whether it is legal counsel for business or advice on personal finance, David B. Newman, LLC is the go-to law firm in Charlotte, NC.
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David B. Newman, LLC
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(704) 980-7624
Source :David B. Newman, LLC
