If the government believes you owe tax debt, it will try to collect that liability in various ways. The most common collection methods are a tax levy against your financial assets and a tax lien against property like real estate or vehicles. It is important to have a Nashville TN tax lawyer on your side who can help you defend against these actions, or negotiate an IRS debt settlement for you.
Tennessee state tax law covers a wide range of taxation guidelines for individuals, businesses, and non-residents. It also provides various tax credits and incentives to promote business growth. Compliance with Tennessee tax laws is crucial to avoid penalties and fines.
The Tennessee Department of Revenue’s website allows taxpayers to pay various taxes online, including tobacco taxes, IRP and IFTA fees, beer taxes, gross receipts taxes, and severance taxes. The site also features a section where taxpayers can dispute tax assessments.
When an individual fails to pay their federal or state taxes, the IRS can take legal action against them to recover what is owed. The most common enforcement actions are a tax lien and a bank levy, both of which can significantly impact an individual’s quality of life. These collections actions can cause bankruptcy and ruin credit scores, and should be handled by a Tennessee tax attorney.
In order to stop a levy from taking effect, an individual must reach a debt resolution with the IRS. This may include a payment plan, an offer in compromise, or another option. It is important to work with a Memphis tax debt relief service that has experienced and qualified lawyers who can handle the negotiations on your behalf.
One of the leading tax levy lawyers in Tennessee is Lance Drury of Anderson Bradshaw. He has over 20 years of experience and is licensed to practice in the state of Tennessee. His firm specializes in both individual and corporate taxation. He can also assist clients with IRS audits. He has successfully represented thousands of clients in tax controversy matters.
The Law Offices of Charles R. Frazier is a Nashville-based law firm that serves entrepreneurs and small business owners with IRS and Tennessee Department of Revenue tax problems. Its attorneys and staff assist clients with matters that include installment agreements, innocent spouse relief, trust fund recovery penalty, and offers in compromise. The firm also helps businesses and homeowners challenge property tax assessments. It has a long list of satisfied customers and an excellent customer satisfaction rating. Its principal, Gary Dettloff, has appeared on a number of television shows such as CBS’ 60 Minutes and Dollars & Common Sense. The firm handles both civil and criminal tax defense cases. The firm is rated A+ by the BBB and has an excellent third-party rating on Solvable. It is a great choice for those looking for an efficient and cost-effective solution to their tax problems.
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