Cleveland, Ohio
600 Superior Ave. East
Fifth Third Building, Suite 1300
Cleveland, Ohio 44114
Phone: 216-912-2220
Toll-Free: 866-236-4TAX
Email: info@freemantaxlaw.com
Tax Resolution Attorneys Serving Ohio
Attorneys Specializing in Offer in Compromise, Installment Agreements, and Placement into Currently Non-Collectible Status
If you have accumulated IRS or Ohio state tax debt that you are unable to pay, the Law Offices of Jeffrey S. Freeman can help you determine effective alternatives to resolve your unpaid tax debt. Unpaid and ignored tax debts can lead to serious problems, including wage and bank garnishments, tax liens, seizure of property and or assets, excessive interest and penalties, and other severe consequences.
Various law firms and "tax resolution" companies make unrealistic promises about their ability to settle your outstanding tax debt for "pennies on the dollar." Generally speaking, these claims are simply too good to be true, and should be considered with caution. The government does, however, have options, such as the Offer in Compromise (OIC) program available to settle tax debt, for those who qualify.
Offer in Compromise
An offer in compromise, allows taxpayers to settle their debt for less than their outstanding balance based on their ability to pay. There are very specific requirements and laws that govern whether or not the IRS will accept your offer in compromise. Our professional tax law team will review your specific situation, while taking the necessary measures to determine your eligibility for an offer in compromise. Contact us now to discuss whether you qualify for this beneficial program.
Installment Agreements
Installment agreements can be negotiated to full pay or partial payment options over an extended period of time. Our team of seasoned tax attorneys and accountants will review your finances and negotiate a 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 a portion, of your tax liabilities over a period of time.
Currently Non-Collectible Status
If you are in a situation where 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 possible. If this is the case, our team of experienced tax attorneys will obtain a determination that places you in a "non-collectible status." If you are placed in non-collectible status, it may be possible to defer payment of tax liabilities for an extended period of time. All collection actions will cease, and you will no longer be pressured to pay your tax bill.
Penalty Abatement
In certain instances, our law firm may be able to help you seek abatement of tax penalties. Depending on the specific facts of your case, our innovative tax attorneys will request that penalties and penalty related interest be removed from your tax liabilities. The removal of penalties and penalty related interest can substantially reduce your tax liability.
Solutions to Reduce and Overcome Tax Debt
Many people are in adverse tax situations due to various unique circumstances. The IRS, Ohio Department of Taxation and other authorities place a high priority on ensuring taxpayer compliance. These authorities will take into account the taxpayers' current living expenses, income and assets, health status, and other factors. Our experienced team will focus on presenting your situation in the most favorable light, and obtaining the best possible resolution in your case.
Contact the Law Offices of Jeffrey S. Freeman now to speak with a lawyer who will advise you of all your options under the law. From our office in Cleveland, we represent individuals and businesses across Ohio in places such as Dayton, Cincinnati, Columbus, Chagrin Falls, Cuyahoga County and Hamilton County.
