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Should I hire an attorney to help negotiate with the IRS for my tax debts of $700k from 2021 and $300 for 2022, or can I handle this negotiation on my own, given my financial situation due to medical bills and bad business decisions?
Should I hire an attorney to help negotiate with the IRS for my tax debts of $700k from 2021 and $300 for 2022, or can I handle this negotiation on my own, given my financial situation due to medical bills and bad business decisions?
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Robert James, 20+ years of experience in IRS mattersAnswered on September 16,2023
Look for a tax professional (CPA, Enrolled Agent, or tax attorney) with experience. They can help figure out the best option for you. Here are a couple of sites you can try:
American Society of Tax Problem Solvers
If any of this tax debt is from money you withheld from employees and didn't deposit with the US Treasury, that's a more serious problem and you may be subject to Trust fund recovery penalties. That's one area where hiring an attorney instead of a CPA or Enrolled Agent would be prudent.
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