IRS Tax Debt Relief in North Dakota
Do you owe money to the IRS? Is the North Dakota Office of State Tax Commissioner pestering you to pay your tax debt? A North Dakota tax attorney can examine your past tax returns and your financial situation, then help you find a solution to your tax debt problems.
Federal & North Dakota Tax Relief Options
The IRS and North Dakota's Office of State Tax Commissioner have several programs in place designed to assist delinquent taxpayers. Your North Dakota tax lawyer can review these with you and help determine your eligibility.
One of the most common programs is the installment payment plan, which allows you to gradually pay off your federal and North Dakota tax debt. This plan is ideal for taxpayers who cannot afford to pay their tax bill all at once, but can afford to make smaller monthly payments. One disadvantage to the plan: You'll be charged tax penalties until your balance is paid in full. To minimize these charges, try to pay your debt as quickly as possible.
If your tax debt is the result of financial hardship or an honest mistake, you may be able to get some of your tax penalties reduced or removed entirely through a policy known as penalty abatement.
The offer in compromise program allows you to settle your tax debt for less than the total you owe. You may be eligible for an offer in compromise if there's doubt as to whether you are responsible for your entire tax bill, if the government believes it would be unable to collect the entire amount it's owed, or if paying your entire tax debt would cause serious financial hardship. There is a non-refundable fee to apply for the OIC program, so you'll want to talk with your North Dakota tax debt attorney about the settlement amount that is most likely to be accepted.
Taxpayers with income tax debt that is at least three years old may be eligible to discharge their tax debt in personal bankruptcy. Not all debt can be written off in bankruptcy, and there are strict eligibility requirements. You'll want to discuss the pros and cons of this solution in more detail with your North Dakota tax relief attorney or bankruptcy lawyer.
Your attorney can explain all of these tax relief solutions in more detail.
Find & Hire a North Dakota Tax Debt Lawyer
Legally, the government has 10 years to collect your tax debt. Rather than spending the next decade trying to avoid their collection efforts, instead consider trying to proactively address your delinquent tax problem. A North Dakota tax relief attorney can help you solve your tax issues and work toward financial freedom.
If you're ready to tackle your tax debt, your next step is to find and hire a local North Dakota tax lawyer—and Attorneys.com can help you. Whether you live in Fargo, Bismarck, Grand Forks or elsewhere in North Dakota, our fast and free service can quickly connect you with an attorney in your area. Simply call us at 877-913-7222 or complete the form on this page to find a lawyer today.