Tax Mitigation

Having problems with back taxes, income tax penalties, or huge amounts of tax debt? NeJame Law can help you. We understand the difficulties our clients face when creditors are trying to collect payments from them. Tax mitigation is a strategy to resolve back tax-situations. Managing these situations are frustrating and you need a competent attorney to assist you. Call NeJame Law today at 400-500-0000 and speak to our experienced attorneys.

Our tax mitigation attorneys in Orlando work diligently in furtherance of obtaining one of the following from IRS:

  • Offer in Compromises
  • Installment Agreements
  • Non-Collectability Status
  • IRS Wage Garnishment or Bank Levy
  • Federal Tax Lien Removal      
  • Tax Penalty Abatement
  • Innocent Spouse Representation
  • Bankruptcy Chapter 7and 13
  • Tax Return Reviews
  • Property Tax Exemptions.


Tax Mitigation Strategies

When you visit NeJame Law an attorney will speak to you about your overall financial situation, review your financial documents, and map out the best tax mitigation strategy for you. Some of the strategies are listed above. Our attorneys have a high success rate in resolving/mitigating financial debts with creditors.

Offer in Compromises. An Offer in Compromise (OIC) is one of the best strategies used to assist taxpayers who are experiencing financial difficulties. It allows you the opportunity to wash off all of your IRS debt. We will review your financial situation and determine whether you are eligible for this option. In most circumstances an IRS debt is not dischargeable in bankruptcy.  Therefore, many times the tax debt will be handled post-bankruptcy through an OIC or an IRS Payment Plan. We will represent you before the IRS to ensure the process is handled effectively.

Installment Agreements.  There are different types of Installment Agreements that have specific requirements for processing with the IRS. The attorneys at NeJame Law engage the IRS on your behalf to ensure that all the applicable law and processes are followed correctly to ensure the best possibility of favorable results in obtaining beneficial Installment Agreement.

Non-Collectability Status. “Currently Non-Collectible Status” or hardship status is a tax relief program used by the IRS assisting taxpayers with financial hardship.  Taxpayers who are classified as “Currently Non-Collectible Status” can remain on this hardship status for up to 10 years. A taxpayer is deemed “Currently Not Collectible Status,” if he/she (a) doesn't have any assets, (b) doesn't have the ability to pay on the deficient taxes, or (c) if the taxpayer’s current household income is lesser that the IRS’ minimum allowable expense.

IRS Levy. An IRS levy permits the legal seizure of property to satisfy a tax debt. This process involves garnishment wages, take money from your bank or other financial account, seize and sell your vehicle(s), real estate and other personal property. Wage garnishment is a popular method used by the IRS to ensure the IRS receives payments toward the outstanding tax liability. The IRS can legally withheld part of your income through your employer. Often the IRS does not consider your overall financial situation and this is very stressful for you, the taxpayer. We can act on your behalf to engage the IRS to ensure that all the applicable law and processes are followed correctly to ensure the best possibility of favorable results.

Federal Tax Lien Removal.  The Federal government has the ability to place a lien on your property for past due taxes.  The lien secures the government’s interest in all your property, including real estate, personal property and financial assets. While the IRS tax lien is not removed unless you satisfy IRS debt, there are instances where the IRS can “lift” the tax lien.  For example, this is common with Short Sales.

IRS Tax Penalty Abatement. If you fail to timely file your tax return the IRS can imposes a penalty for failing to file your tax return. The penalties under certain circumstances can be abated if the IRS does not administer the penalties correctly. Your eligibility for penalty relief is contingent upon your circumstances causing you to fall behind and which may justify your lapse in payment. So before you start calculating your penalty for not paying taxes, think about the best possible way to actually achieve your overall goal. We at NeJame Law can help by engaging the IRS to ensure that all the applicable law and processes are followed correctly to ensure the best possibility of favorable results.

Innocent Spouse Representation. When you file a joint income tax return, the law makes both you and your spouse responsible for the entire tax liability. This is called joint and several liability. Joint and several liability applies not only to the tax liability shown on your income tax returns but also to any additional tax liability the IRS asses post return filing, even if the additional tax is due to the income, deductions, or credits of your spouse or former spouse. If you believe, taking into account all the facts and circumstances, only your spouse or former spouse should be held responsible for all or part of the tax, you should request relief from the tax liability, including related penalties and interest.

We Handle Tax Mitigation Matters In Orlando And Central Florida!

If you are having back taxes, income tax penalties, or huge amounts of tax debt problems contact NeJame Law today at 400-500-0000 to speak to our experienced lawyers. You may also fill out our online form and we will contact you shortly.