Tax Defense Partners is your voice at the Wyoming Department of Revenue. Our goal is to ensure that every taxpayer in the state understands their rights and is treated fairly. We can help you resolve tax debt problems that you can’t fix on your own. Let our Wyoming tax debt relief attorneys bring your complete peace of mind.
A delinquent taxpayer can face serious legal consequences if they refuse to pay their Wyoming back taxes. The IRS and state tax authority will usually send a tax bill to taxpayers who did not file a tax return by the due date. While the bill contains the estimated taxes owed, you should keep in mind that they are not 100% accurate. The figures may have been referenced from previous records – they are a rough estimation. Next, interest charges and late fees are some of the tax penalties that will be imposed on your account. You will continue to accrue these penalties until your tax debt is paid in full.
Do you own a house, a boat, or a car? If you have a tax lien against you, these assets can no longer be sold or used as a collateral for loans etc. When the government moves in to seize your assets, they may even sell it to satisfy your outstanding tax debt. The tax lien can only be lifted if you pay off back taxes. The other problem that a lien can cause is it lowers your credit score. So, don’t spend your days dodging the government. You may risk losing your life’s most important assets.
When you work with Tax Defense Partners, our Wyoming tax debt resolution experts will conduct a comprehensive review of your current financial status. We will determine if you have the financial means to pay off any portion of your back taxes. For the remainder of your tax debt, we will determine if options such as offer in compromise, installment agreement, penalty abatement, etc., work in your favor. Don’t worry. Our tax debt attorneys have represented a great array of clients who have faced tax debt issues like yours.
Sure! Also known as OIC, offer in compromise allows you pay the state tax authority less than what you owe. The final balance can either be paid via monthly installments or in one lump sum. However, the IRS has specific criteria for evaluating this type of application. An experienced tax relief attorney can help you get the necessary acceptance.
Yes, you may seek a waiver of penalties through an OIC or penalty abatement. Tax authorities understand that some taxpayers cannot file or pay their taxes due to uncontrollable circumstances.
If you feel stressed out all the time, you won’t be able to come up with an effective plan to tackle your tax problems. A Wyoming tax debt attorney can take that stress away by negotiating with the IRS on your behalf.