| In the US, there is a federal tax levied by the | | | | required to reply for the assessment letter. Your |
| Federal Government and state tax levied by each | | | | Attorney could help you negotiate a settlement |
| state. The Internal Revenue Service, a wing of | | | | with the IRS. |
| the Treasury Department, is the agency that | | | | If you do not respond to the assessment letter, |
| collects the federal taxes. A Federal Tax | | | | and the subsequent letters asking payment, the |
| Attorney specializes in the field of federal taxes. | | | | IRS will initiate collection procedures. If a tax lien |
| People feel that going to a Federal Tax Lawyer is | | | | has been filed by IRS, it gets attached to all your |
| like going to a Dentist. Yes, we turn to the tax | | | | assets and you will not be able to do any |
| lawyers only when the matters get out of hand | | | | transactions on the property. If you wish to sell |
| and the outcome may not be pleasant. So when | | | | your assets, you will have to get the lien |
| do we really require the services of a Federal | | | | removed. |
| Tax Lawyer? | | | | They may place levy on your bank accounts or |
| If it has been a long time since you filed your | | | | garnish your wages. When such extreme |
| income tax returns, you will need the services of | | | | measures are taken by the IRS, like garnishing |
| a Tax Attorney. It is mandatory to file the tax | | | | your wages or placing levy on your bank |
| returns under the Federal Law. An attorney can | | | | accounts and lien on your assets, it is highly |
| help you file the un-filed returns. By filing the old | | | | unlikely that you could get out of the mess |
| returns, you can find the back taxes you owe | | | | yourself. Only an experienced professional like an |
| the Government and the refunds that you have | | | | attorney who specializes in tax could save you. |
| not collected. | | | | All these could have been avoided had you filed |
| An attorney that understand federal tax laws | | | | your tax returns on time. So it is better to |
| could be of help when you receive an assessment | | | | employ an attorney at the stage of fling returns, |
| letter from the IRS. An assessment letter | | | | than facing the unpleasant situations later. Always |
| informs you about the back taxes you owe the | | | | remember the old idiom "A Stitch in Time Saves |
| IRS. It may include the actual tax, penalties and | | | | Nine". |
| interests accrued over the years. You are | | | | |