Tax Relief Lawyers in Ringwood
"Tax relief" is a term used to describe a few different concepts in Ringwood, New Jersey. It occasionally refers to actions that lower the tax rate that some taxpayers are required 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 supposedly 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 normally claim that they will have brilliant 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 Ringwood, New Jersey
Scammers in Ringwood, New Jersey often claim that they can employ some exceptional method enabling you pay the IRS less than you really owe, or even erase your tax debt.
In most cases, however, these people have absolutely no legal means to really help their "clients" ("victims" is the more accurate term), and will simply take your money and disappear. Luckily, these scams in Ringwood, New Jersey normally have a few elements that are dead giveaways, which you should always be on the look out for if you're contemplating hiring someone offering "tax relief."
One of the biggest warning signs that one should look for is an explicit 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 help people who are honestly 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 Ringwood, New Jersey don't qualify for them.
Furthermore, 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 Ringwood 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 unlawful charges to it.
How Can a Tax Relief Attorney in Ringwood, New Jersey Help?
If you owe a large amount in back taxes, and are unable to pay them, it may well be helpful to seek the advice of a Ringwood, New Jersey tax attorney.
Your tax lawyer in Ringwood, 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. Additionally, in the unlikely event that a licensed tax attorney defrauds you (or attempts to defraud you), you will have considerable legal recourse against that attorney through your state bar association.