Tax Debt Lawyer in Santa Ana
IRS Penalties for Tax Debt
A tax debt is a type of debt that people incur from failing to pay their full amount of taxes to the government. While many businesses withhold earnings from their employees and pay the government agency directly, self-employed persons and business owners sometimes do not take this action. When the time to pay taxes comes, these individuals are not able to pay the amount.
Once this occurs, the IRS is able to take a number of disciplinary actions, such as:
- Hiring a debt collector: There are many private debt collection agencies that the IRS can hire to collect your debt. These companies often use undesirable methods when attempting to collect your debt.
- Filing a tax lien: The government can legally claim your property if you don't pay a tax debt.
- Serving a tax levy on your account: The IRS can take your assets out of any bank or brokerage accounts to pay for your debt. They may even be able to take your retirement funds, life insurance, and pensions.
- Serving a tax levy on your wages: Once the IRS notifies your employer of your tax debt, they will be required to pay a large part of your salary to the IRS. If your employer fails to do it, they could be liable for the money.
- Seizing your car or real estate: The IRS may sell your personal property if you have not paid back your debts, including your home, car or other assets.
In order to defend yourself against these actions, be sure to contact an Orange County bankruptcy lawyer from 1st California Law, Inc. Our legal team is ready to provide wise counsel that can guide you through your financial crisis.
Find relief from tax debt.
Even though the IRS is an intimidating power, you still have certain rights as a consumer. There are a number of actions that we may be able to take to defend you against the IRS. First, we can determine if you are eligible for the Offer in Compromise program by the IRS. This program allows certain debtors to settle their debt for less than the full amount. The IRS also may allow you to defer your payment for a certain period of time so that you have time to obtain the necessary funds.
If there were any errors made on current or prior audits, then our legal team can try to negotiate a lower settlement. Another solution could be to file for bankruptcy, which helps to relieve debt for eligible individuals. Since the IRS has only a certain period of time in which to collect your debt, you may be able to get relief if that time has expired or is near expiring.
Contact 1st California Law, Inc. now!
If you are trying to protect your assets from the IRS, you may be feeling overwhelmed and confused. When you turn to an Orange County tax debt lawyer from 1st California Law, Inc., we can find a workable solution for your financial problems. Our firm is committed to providing the best possible legal counsel for those who are in debt.
If you have further questions about how we can help, contact our office for a free case evaluation.
Amazing law firm to work with, very knowledgeable, & very kind. They made filing for bankruptcy easy. Kevin is a amazing lawyer, would definitely recommend to friends and family.- Evelyn V.
Kevin is the best! He made us feel at ease during a very stressful time in our lives. His upbeat personality and thorough explanations made this whole process effortless. His communication was on point and the cost for his services was absolutely reasonable. If I ever need legal service again in the future, he is my go to guy. Love him!- Elizabeth C.
Nobody ever hope to find themselves filing for bankruptcy but when I did, my first call with Kevin put me in such ease that I knew I found the right person to help me.- Leslie I.
Kevin was absolutely fantastic to work with. He made the entire process of filing my case approachable and much less stressful than I anticipated. He was responsive, professional, and direct throughout the entire process, and personally accompanied me at my hearing. I would highly recommend his services.- Ashley T.
Kevin Kunde was one of the best bankruptcy attorneys to work with. He was kind, informative, courteous and very knowledgeable. I would recommend 1st California Law and Kevin Kunde services to anyone seeking debt relief assistance. Bankruptcy can be a very scary situation and I through out the entire process I felt well guided and taken care of by 1st California Law. Thank you for everything.- Melissa L.
I recently filed for my Chapter 7 through Mr. Kevin’s law firm and I could not be happier with his services. All of my concerns and worries were eliminated when Mr. Kevin thoroughly explains the process of bankruptcy filing and court hearing. The actual court hearing is very simple and to the point, just as Mr.Kevin said. In all, i highly recommend Mr.Kevin as an attorney for anyone who is in need of financial debt relief. He is kind, transparent, and dedicated to his profession. I'm glad i have had a chance to work with Kevin.- Bruce
It was the best experience ever with Kevin, I consulted several attorneys regarding my bankruptcy before I went to Kevin, and Kevin was very helpful and also the fees is very good. It was so easy to prepare my filling with him and he kept me updated with everything and tell me everything I need to know even if I didn't ask for it. Kevin show up with me in court and he was very helpful in getting over this stressful situation easily and smoothly, highly recommended him and his office if you look for any financial relief advice or help. Thanks Kevin.- AA
I'm 100% satisfied with his service I highly recommend to anyone!- Vivian
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