Tax Relief Lawyers in Parsippany
"Tax relief" is a term used to describe a few different concepts in Parsippany, New Jersey. It occasionally refers to actions that lower the tax rate that some taxpayers are obligated to pay.
When you hear the term "tax relief" used by an elected official, or someone running for office, they're almost exclusively talking about tax cuts, which would hypothetically apply to the speaker's target audience. A tax cut is simply a reduction in the percentage of one's income (or whatever else is being taxed) that they have to pay in taxes.
However, when most people think of "tax relief," they are thinking of an individual, law firm, or corporation that claims to offer a way to get out of paying some or all of one's back taxes. They usually claim that they will have experienced lawyers negotiate with the IRS or New Jersey tax authorities, to reduce your tax liability. While some of these businesses are legitimate, there are also many scams in this area.
Tax Relief Scams in Parsippany, New Jersey
Many scammers in Parsippany, New Jersey claim that they can completely relieve you of your requirement to pay your taxes - for a fee, of course.
But you should beware: no honest tax relief business in Parsippany, New Jersey will make such promises, because they know it's almost always impossible to deliver on them. Thankfully, there are several features you can look for to help you spot - and avoid - tax relief scammers.
One of the biggest warning signs that one should look for is an absolute promise that someone can eliminate your tax debt. This is simply not a promise that anyone can honestly make. While the IRS does have programs to assist people who are truly unable to pay their back taxes, through no fault of their own, they only apply in the most extreme cases, so the vast majority of taxpayers in Parsippany, New Jersey don't qualify for them.
Also, any demand for upfront payment, before any actual services are rendered, is another warning sign that you may be dealing with a fraudster. This is because many tax scammers in Parsippany will simply take whatever money you give them, and drop off the face of the Earth (figuratively, unfortunately), without doing anything to help you, or even pretending to. Adding insult to injury, if you pay them with a credit card, they may well make additional illegal charges to it.
How Can a Tax Relief Attorney in Parsippany, New Jersey Help?
If you owe a huge amount in back taxes, and are unable to pay them, it may well be helpful to seek the advice of a Parsippany, New Jersey tax attorney.
Your tax lawyer in Parsippany, New Jersey will be able to give you real, useful advice about your tax situation. Just be ready: your tax attorney will give you honest advice, whether or not that's what you want to hear. Furthermore, in the unlikely event that a licensed tax attorney defrauds you (or attempts to defraud you), you will have significant legal recourse against that attorney through your state bar association.