Free Consultation from a Top-Rated National Tax Attorney
Tax Relief Ohio:
Need Help With Tax Relief in Ohio? Don’t Know Where to Turn? Trust The Experts at Sheppard Law Offices To Help You Get The Settlement You Deserve!
- Settlement of Back Taxes for Less
- Stop Wage Garnishment and Bank Account Levy
- Remove IRS & Ohio Tax Penalties
- Stop Ohio & IRS Tax Liens
- Settle Payroll Taxes
- File Delinquent Ohio & IRS Returns
- Help with State & Ohio Tax Audits
- Receive Free Consultation
- Receive Free no Obligation Competitive Quotes!
- And More!
How Can Hiring a Tax Attorney for Ohio Tax Relief Help me?
There are many different services that we offer in Ohio to help with your tax debt relief, these include:
What are Some of the Services That Can Help Tax Relief?
Debt settlement involves working with each creditor on an individual basis to establish a settlement or payment plan. As part of this agreement, the creditor may agree to write off the remaining outstanding debt. It is important to point out that debt settlements generally pertain to unsecured debts, such as medical bills and credit card bills.
A creditor may be willing to enter into a debt settlement if the debtor can pay a lump sum amount (typically 40% to 60% of the total debt) within a brief time. Payment plans may also be available. Throughout the negotiation process, the creditor may choose to seek additional information about the debtor’s financial situation to support its decision.
How Can I Settle my Debt with Creditors?
How Can I Settle my Tax Debt with the IRS?
At the Ohio law offices for IRS tax relief attorney Kenneth L. Sheppard, Jr. and the team at Sheppard Law Offices provides tax assistance to individuals and businesses.
Federal Tax Attorney Kenneth L. Sheppard, Jr. represents clients in Ohio with the knowledge and experience necessary to successfully help to resolve any IRS and Ohio tax issues you may have to help with tax relief.
If you are facing IRS tax issues, whether you need help with back taxes, unpaid taxes, unfiled tax returns, penalties, interest rates, and more, contact Sheppard Law Offices of Ohio today at (877) 505-9455 to schedule a free consultation. The tax attorneys at Sheppard Law Office of Ohio can work with the IRS and the Ohio Department of taxation to negotiate the best possible tax relief for your specific situation.
What are Back Taxes?
Back Taxes are unpaid taxes in the year that were due in full. If you have IRS Back Taxes, you may likely have Ohio Back Tax and local level back taxes due as well. Back taxes are also able to accumulate interest and penalties if unpaid. Don’t ignore those letters from the IRS, Ohio Department of Taxation, Ohio Attorney General Office (Special Counsel) or local tax authorities. Ignoring those letters can have significant adverse consequences.
If you owe back taxes in Ohio contact Sheppard Law Offices at (877) 505-9455 today. Ignoring your back taxes, unpaid taxes, misfiled taxes and penalty letters is not a step towards tax relief. Setting up a free consultation with Sheppard Law Offices is the way to tax relief in Ohio! Let us move forward with the IRS, State of Ohio or local tax collectors, to agree on a settlement and/or payment plan. We can help you get in compliance.
What Can I do if I Owe Back Taxes to the IRS and Can’t Afford to Pay the Full Amount?
If you owe back taxes to the IRS and cannot afford to pay the amount in full, a qualified Ohio federal tax attorney may be able to negotiate an Offer in Compromise (OIC) or Installment Agreement on your behalf. In addition to helping you reduce the amount of your tax debt, we can also help minimize or eliminate the interest and penalties that would continue to accrue otherwise.
What is an Offer in Compromise (OIC Ohio)
Since an Offer in Compromise stops the accumulation of penalties and interest, an OIC in Ohio provides you with greater back tax help than what is obtained from an installment agreement.
Complicated Ohio tax laws make it difficult to determine if you are eligible for an OIC, so the best way to determine your eligibility is to seek the help of an experienced IRS attorney, such as Kenneth Sheppard, Jr. and his highly qualified team at Sheppard Law Offices, in Ohio.
Some IRS debt that an attorney will consider before negotiating with the IRS for an OIC:
- Doubt as to Collectability
- Doubt as to Liability
- Lump Sum Cash Offer
- Short Term Periodic Payment Offer
- Deferred Periodic Payment Offer
- Approved Installment Agreement
- Release of Federal Tax Liens
- Statutory Period for Collection Suspended
- Five Year Compliance
- Appeal Rights
An Offer in Compromise is an agreement between the IRS and the taxpayer to settle the tax debt for typically substantially less than the full amount owed.
How Can I Settle My Debt with The IRS For Less?
Am I Eligible to Ask for an OIC?
Certain terms must be met to qualify for an IRS OIC in Ohio. Owing to the IRS a large tax debt for unfiled tax returns is not in itself a qualifier. If the IRS decides that you can afford to pay your full tax liability with a monthly installment arrangement or in one lump sum, they will not agree to an Offer in Compromise; however, the IRS will accept an Offer in Compromise when there is a low chance of collecting the full amount of the tax debt.
Rather than declare your case noncollectable, the IRS will agree to an OIC so that they can get the settlement at the soonest possible time and at the lowest cost to the federal government.
You’re eligible to ask for an OIC in Ohio if any of the following conditions apply to you:
- You have an economic hardship that prevents you from paying the tax bill.
- You do not believe you’re liable for the full amount owed.
- There’s a significant likelihood that if the back taxes owed were collected, the amount would be subject to refund under the Ohio state law.
Do I Qualify for an OIC in Ohio?
How to Submit Your Offer for an OIC in Ohio
To submit an offer for an Offer in Compromise you must follow the instructions in the Offer in Compromise Booklet, Form 656-B. In the Booklet, there are step-by-step instructions to submit your offer for an OIC in Ohio.
Other items that you will find in the booklet are the following:
- Form 433-A (OIC) (individuals) or 433-B (OIC) (businesses) and all required documentation needed
- Form 656(s) – individual and business tax debt
- $186 application fee (non-refundable)
- Initial payment for each Form
What Happens if my Offer is Rejected?
If your offer is rejected you may appeal a rejection within 30 days using the “Request for Appeal of Offer in Compromise, Form 13711.
For better chances of getting your offer accepted and determining whether you qualify for an IRS OIC or state of Ohio OIC contact Sheppard Law Offices today.
Ohio Installment Agreements with the IRS Tax Relief
Your Ohio tax attorney, Kenneth Sheppard, Jr. has experience with settling installment agreements with the IRS to pay off your federal taxes.
If the IRS is sending you billing notices and you are unable to pay for them in full you should consider an installment agreement to make the process of paying the IRS easier. Complete Form 9465 “Installment Agreement Request” to see if you qualify to make a series of monthly payments to the IRS.
An Installment agreement is a monthly payment plan that the IRS will agree on depending on your income and amount that you are able to pay, to make sure that your outstanding taxes get paid off in full.
Contact an Experienced Ohio Tax Attorney for Tax Relief Today
Do you want to get your life back on track? Do you owe back taxes and want to pay them off? Then contact Sheppard Law Offices and we will assist you with tax relief and give you peace of mind during the process of settling your debt with the IRS. We will help with resolving tax debts with the IRS and the state of Ohio, securing installment agreements with the IRS, determining whether you qualify for an Offer in Compromise (OIC Ohio), and much more services to help you with tax relief issues. Call a tax attorney today at (877) 505-9455.
At Sheppard Law Offices we proudly serve all Ohio, including Columbus, Cincinnati, Cleveland, Akron, Canton, Newark, Mount Vernon Dayton, Springfield, Lima, Toledo, Mansfield, Akron, Youngstown, Independence, Painesville, North Canton, Dublin, Hamilton and all surrounding areas.