Qualify IRS Relief Fast with Expert Attorney Screening
Cost Considerations and Potential Savings
While hiring a tax attorney involves costs, these are often outweighed by the financial benefits gained through successful tax relief. The fees for tax attorneys can vary significantly based on the complexity of your case and the attorney's experience level. On average, you might expect to pay between $200 and $500 per hour for their services2. However, many attorneys offer free initial consultations, allowing you to assess their suitability for your needs without any financial commitment.
Moreover, the potential savings from a successful negotiation or settlement can be substantial. For example, if an attorney helps you secure an Offer in Compromise, you might settle your tax debt for a fraction of what you owe, which can result in significant long-term savings3.
Real-World Examples and Success Stories
Consider the case of a small business owner who was facing a $100,000 tax debt due to an audit. By enlisting the services of a tax attorney, they were able to negotiate an Offer in Compromise, ultimately settling their debt for just $20,000. This not only relieved them of a significant financial burden but also allowed them to refocus on growing their business.
Another example involves an individual who was unaware of the Fresh Start Initiative, a program designed to make it easier for taxpayers to pay back taxes and avoid liens4. With the guidance of a tax attorney, they were able to enroll in an installment agreement that fit their budget, avoiding additional penalties and interest.