There are some people who try to dodge paying taxes to the Kentucky Department of Revenue, but the truth is the state tax authority will eventually catch up with them. There are others that accidentally fail to make tax payments, due to a lack of understanding or a lack of knowledge regarding tax debt relief. There are certain tax debt relief options available and you may not realize whether you are entitled to them or not. Tax Defense Partners is a company that has expert lawyers in the tax debt resolution field and we can give you all the information you need about Kentucky tax debt relief.
There are a number of measures that the Kentucky Department of Revenue can take to recoup unpaid taxes. For example, they may appoint a debt collection agency to try to recover the money, or place a levy on your bank account, or even institute a lien on any property you have. These are of course drastic measures and they will be lifted only after they have attempted to recover the tax debt themselves first. However, any of these measures will have a negative impact on your credit score, making it difficult for you to obtain a new loan or refinance one
Tax Defense Partners is experienced in tax debt resolution and negotiation with the Kentucky Department of Revenue and can help get you the best possible settlement. We will explain your rights in an easy to understand format and will help you to retrieve evidence and prepare a financial statement to submit to the state tax authority. If you give us Power of Attorney, we can also intercede with the Kentucky Department of Revenue on your behalf.
Occasionally, the Kentucky Department of Revenue will select a set of accounts to audit and whilst this is nothing to worry about, it can have the effect of raising stress levels. Tax Defense Partners can help take the heat out of this situation and provide guidance at every step of the way.
Tax Defense Partners can help you prepare your accounts and submit them to the Kentucky Department of Revenue for you. You will be advised of any additional fees you may need to pay as well as any rebates you may be entitled to. Getting your tax return right the first time and submitting within the correct time period will lead to a much lower stress level.
They can be for many people, but if you consult a tax debt resolution specialist early in the process, you won’t need to worry about complicated or challenging taxes or last resorts.