Lexington residents facing significant tax debt with the IRS or Kentucky Department of Revenue can find resolution through experienced professional representation. Whether you haven’t filed returns for multiple years or are struggling with a large tax balance, specialized assistance can help you navigate the resolution process.
Our firm includes CPAs, tax attorneys, and enrolled agents who work to help taxpayers resolve their obligations and regain financial stability. We maintain an A rating with the Better Business Bureau and have worked with clients throughout the United States to address various tax challenges.
Tax debt can significantly impact your ability to manage regular expenses and maintain financial security. When the IRS initiates collection actions such as wage garnishments, bank levies, or tax liens, professional representation can help you pursue relief options and work toward resolution.
Our team serving the Lexington area can evaluate your situation and help you explore available resolution strategies based on your specific circumstances.
Whether you owe several thousand dollars or a more substantial amount, working with qualified tax professionals can make a meaningful difference in the outcome of your case. Experience with IRS procedures and resolution programs allows us to help clients navigate the system more effectively.
If you are considering hiring a debt relief lawyer in Kentucky, we invite you to learn more about how our services may help address your tax concerns.
Our team of tax attorneys, CPAs, and enrolled agents is available to discuss your specific tax resolution needs and help you understand your options.
Professional representation provides knowledge of IRS programs, protocols, and procedures that can help you work toward the most favorable resolution available based on your financial situation.
Installment Agreements can make tax debt manageable through structured payment plans
When you cannot pay your full tax liability immediately, an Installment Agreement allows you to spread payments over time in amounts you can reasonably afford. This is one of the most common resolution options for taxpayers who acknowledge their debt but need a structured payment approach.
Our debt relief team serving Lexington can help you understand the terms and requirements for different types of Installment Agreements, working to secure monthly payment amounts that fit within your budget while satisfying IRS requirements.
Addressing unfiled tax returns is a critical first step in resolving your tax situation
If you have unfiled tax returns, addressing this issue should be your immediate priority. Filing delinquent returns often reduces your total liability because you can claim legitimate deductions and credits that the IRS does not include when it files substitute returns on your behalf.
When the IRS files a return for you, it does not account for deductions such as dependents, mortgage interest, or other allowances that could significantly reduce what you owe. Filing accurate returns can sometimes reduce assessed liability by 20% to 40%.
Our Lexington tax team can assist you in preparing and filing back returns to bring you into compliance and potentially reduce your overall debt.
Offer in Compromise agreements may significantly reduce tax debt for qualifying taxpayers
An Offer in Compromise allows eligible taxpayers to settle their tax debt for less than the full amount owed. Qualification requires demonstrating that paying the full liability would create financial hardship or that there is legitimate doubt about the amount owed or your ability to pay.
The application process is detailed and requires comprehensive financial disclosure. Incomplete or improperly prepared applications can result in denial and may provide the IRS with information that could be used to pursue additional collection actions.
Our Lexington debt relief team can help you evaluate whether you may qualify for an Offer in Compromise and assist with proper preparation of your application to give you the best opportunity for acceptance.
| Find the Local IRS Office Near You | Kentucky IRS Offices |
|---|---|
| More Info About Lexington | Lexington on Wikipedia |
| Official Lexington Website | Visit Lexington Site |
| Other Cities around Lexington |
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| State | Kentucky |
| Business Hours | Mon-Fri: 8:00am - 5:00pm |
| Price Range | $$ |
| Payments Accepted | Credit Card, Cash, Checks |
