New York City, New York
245 Park Avenue
24th and 39th Floors
New York City, New York 10167
Phone: 646-289-5894
Toll-Free: 866-236-4TAX
Email: info@freemantaxlaw.com
Turn to a Proven Tax Resolution Attorney Specializing in Offer in Compromise, Installment Agreements, and Placement into Currently Non-Collectible Status
If you have accumulated IRS or New York state tax debt that you are unable to pay, you need a law firm that can counsel and represent you through the process of eliminating or reducing your tax debt. Ignoring your tax problem is never the answer. Unpaid tax debts can lead to wage and bank garnishments, excessive interest and penalties, tax liens, the seizure of property and or assets, and other potential serious consequences.
Various law firms and "tax resolution" companies frequently advertise on television, radio and the Internet. These companies frequently make implausible claims about their ability to settle your tax debt for "pennies on the dollar." These claims sound too good to be true, and in many cases, are. The government does, however, have options available to settle tax debts for less than what you owe through the Offer in Compromise (OIC) program, for those who qualify.
Learn Whether or Not You Are Eligible for an Offer in Compromise
Very specific laws and requirements determine whether you are able to secure an offer in compromise. Our professional tax law team will focus on understanding your specific circumstances and taking the necessary steps to determine your eligibility. Contact us now for an initial consultation.
Installment Agreements
Rather than face liens or levies on your home, business, bank accounts, and accounts receivables, we may be able to negotiate a manageable installment agreement.
Once we obtain your financial information, our team of experienced tax attorneys and accountants will work to negotiate an optimal payment arrangement on your behalf. This agreement will allow you to remain in compliance with current tax obligations, as well as pay back all or some of your tax liabilities over a period of time. Installment Agreements can be negotiated to full pay or partial pay options.
Currently Non-Collectible Status
If you do not have the financial resources to pay your tax liabilities in full or in part, an installment agreement or an offer in compromise may not be a workable alternative. If this is the case, our team of trained tax attorneys will have you placed in a "non-collectible status." If you are placed in non-collectible status, government authorities will cease all attempts to collect your tax debt.
Deferment of Tax Liabilities
Under certain circumstances it may be possible to defer payment of tax liabilities for an extended period of time. Our team of trained professionals will evaluate your situation and negotiate a deferment on your behalf.
Penalty Abatement
Under certain circumstances, such as serious medical conditions, family issues, or the destruction of records, it may be possible to abate certain penalties and related interest. Our trained tax attorneys will request that penalties and penalty related interest be removed from your existing tax liabilities. This can substantially reduce your tax liability.
Solutions to Reduce and Overcome Tax Debt
Various circumstances put many people in adverse tax situations. The IRS, New York State Department of Taxation and Finance and other authorities place a high priority on ensuring compliance. In many cases, however, these authorities will consider a person's current income and assets, living expenses, health status and other factors. Our professional team will focus on building and presenting a persuasive case resulting in the settlement of your tax liabilities.
Contact the Law Offices of Jeffrey S. Freeman now to speak with a lawyer who offers candid counsel and practical guidance. From our office in Manhattan, our law firm represents individuals across New York's five boroughs and in places such as Nassau County, Suffolk County, Westchester County, Rye and Chappaqua.
