Tax Law FAQs

Facing an IRS audit can be daunting, but knowing your rights can empower you in the process. You have the right to be represented by a Tennessee Tax Law Lawyer or other qualified professionals like a CPA or enrolled agent. At Frazier Law, we offer comprehensive audit representation to protect your rights and strive for the best possible outcome. Our experienced team stands by you, providing assurance and strategic counsel to help you through this challenging time.

Resolving tax debt is crucial for safeguarding your financial well-being. Options such as Offers in Compromise, installment agreements, or Innocent Spouse Relief might be available to you. Frazier Law specializes in crafting personalized solutions, considering your unique financial situation to ensure the most favorable resolution. With our guidance, you can regain control of your finances, free from the shadow of tax debt.

Understanding the distinction between tax avoidance and tax evasion is key to maintaining compliance with the law. Tax avoidance involves legally reducing your tax liability through deductions and credits, while tax evasion entails illegal activities to avoid paying taxes. With the help of a seasoned lawyer and team, you understand how to navigate tax law in Tennessee and beyond, steering clear of legal pitfalls and securing peace of mind.

If you disagree with an IRS decision, you have the right to appeal through the IRS Appeals Office. Frazier Law can guide you through this intricate process, helping you challenge the findings effectively. Our expertise ensures that you are equipped with the knowledge and strategy needed to reach a favorable resolution. We stand by you, advocating for your best interests throughout the appeal.

The IRS assesses penalties and interest based on factors like late payments, underpayment of taxes, and failure to file. These charges can add up quickly, impacting your financial health. Frazier Law can help mitigate these penalties through strategic negotiations with the IRS, ensuring that any charges are fair and justified, allowing you to focus on what matters most—your financial stability.

Inability to pay taxes on time can be concerning, but options are available to manage this situation. Setting up an installment agreement or applying for an Offer in Compromise are potential pathways. Led by a lawyer and CPA, our team is well-versed in tax law in Tennessee and across the U.S. Frazier Law is here to help you explore these options, working tirelessly to avoid severe penalties and protect your financial future. With us, you have a partner committed to guiding you through every challenge.

Failing to file tax returns can lead to penalties, interest, and even criminal charges. It’s essential to address this promptly and with care. Frazier Law can assist in filing past-due returns and negotiating with the IRS to minimize consequences, helping you move forward confidently.