Who is he absolute best tax attorney in Chicago, I have a 45K debt with the IRS that I want resolved!?

Question

I owe the IRS and I need the best tax attorney in chicago. I perfer someone who has worked directly with this attornery and that the attorney has a Great rep for resolving their clients issues with the IRS.

Answer 1

If you want the absolute best attorney in Chicago, be prepared to pay the absolute highest rates for the help. The amount you owe does not warrant calling in the top gun. If your self-prepared return is being audited you owe money you can't pay, an enrolled agent--a tax specialist licensed by the Treasury Department is what you really need. You can email me through my profile for additional suggestions.

Answer 2

*Is* there an issue to resolve with the IRS?
Why does the IRS think you owe the government $45,000?

If the amount has been assessed and you think the IRS is wrong and you plan to file an appeal or take it to tax court, that's one thing. If you agree that you owe the money and can't or won't pay it that's another.

The IRS doesn't grant an offer in compromise simply because you don't want to pay it.

If you agree to an installment agreement, the IRS is going to ask for your financial data (download the forms at irs.gov) and tell you what they expect you to pay each month. You would have to supply the data on form 433-F and this is simply a matter of gathering your records and showing your income/expenses for the last 3 months. A tax lawyer can help you organize those expenses, but that's not that big a deal.

If you try to do an Offer in Compromise, you have to supply the same exact information on a form 656. The IRS will calculate your "reasonable collection potential" (if you are young and healthy, they won't grant you a pennies on the dollar deal). Again, this involves gathering a lot of information and organizing it.

Answer 3

You probably do not need an attorney. You need a CPA or EA that has experience with "Offers In Compromise" (OIC). An OIC is a offer to pay a lower amount than you owe because you do not have the ability to pay it in full.

The offer is based on the total value of your assets (including equity in your home) plus your future earning power. If all of these add up to more than the $45k, you will not qualify for the OIC.

OIC's are pretty time consuming. The IRS has up to two years to make a decision and, even with professional help, the IRS says "No" over 80% of the time.

Answer 4

You don't need a tax attorney, you will just end up getting further in debt, instead just call IRS (1-800-829-1040 (TAX LAW) or 1-800-829-8374(balance due dept) or 1-800-829-0922) Or if you have already received a letter from the IRS call the phone number they provided. Since you owe so much you need to: visit IRS website: www.irs.gov and
Down load Form 9465 Installment Agreement Request and Form 433-F, Collection Information Statement, provided 3 months current bank statements, 3 month pay stubs, if you have any court ordered payment that are not deducted from you pay check provide copies to the IRS. Once IRS processes your form 433-F they will let you know if the payment you proposed on Form 9465 is acceptable. Mail the form to the address provided on the form or take it directly to your local IRS office. Or call and give them the information.
So skip the middle man and go directly to IRS yourself.

Answer 5

I doubt the best attorney is one you need. The top will cost the top price. You need every dollar right! You should directly contact to the IRS about your tax delinquency & get their assigned case manager help you or contact IRS tax advocate. If I were you I would not pay for the attorney.

http://www.irs.gov/advocate/article/0,,id=97392,00.html

Answer 6

thanks for the answers!