Tax Relief Lawyers in Portales
"Tax relief" is a term used to describe a few different concepts in Portales, New Mexico. It occasionally refers to actions that lower the tax rate that some taxpayers are obliged 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 apparently 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, many people associate the phrase "tax relief" with individuals, corporations, or law firms that offer services claiming to reduce or eliminate one's tax liability - getting them out of their requirement to pay the taxes. Most of the time, they'll say that they have experienced negotiators on their staff who can negotiate with the tax collectors in New Mexico or the IRS, to lower your tax bill. Some of these businesses are forthright, and have the best interests of their customers in mind. However, many of them are scams.
Tax Relief Scams in Portales, New Mexico
It is pretty common for scammers in Portales, New Mexico to claim that, for a comparatively small fee, they will help you get out of paying all of your taxes.
But you should beware: no honest tax relief business in Portales, New Mexico will make such promises, because they know it's almost always impossible to deliver on them. Fortunately, there are several features you can look for to help you spot - and avoid - tax relief scammers.
One of the strongest indications that you're dealing with a scammer is if they assure that they can deliver a specific result. When it comes to negotiating with the IRS or state tax authorities, there are simply no guarantees, and a skilled and ethical tax relief professional will know this, and tell you as much. The unfortunate fact is that, while the IRS does have programs authorizing people to negotiate a reduced tax bill, they only apply to people in extreme instances, who are unable to pay their taxes through no fault of their own. Most Portales, New Mexico residents will not be suitable.
Another red flag to look for is a demand of a large up-front payment. Many tax relief scammers in Portales will not even pretend to try and advise you. Alternatively, they simply take the money and disappear, sometimes after making further, and illegal, charges to your credit card or withdrawals from your bank account.
How Can a Tax Relief Attorney in Portales, New Mexico Help?
If you find that you are unable to pay your taxes, through no fault of your own, you may be tempted to answer an advertisement for a "tax relief" company. Before that, you should talk with a Portales, New Mexico tax lawyer.
Your tax lawyer in Portales, New Mexico 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. Moreover, in the unlikely event that a licensed tax attorney defrauds you (or attempts to defraud you), you will have substantial legal recourse against that attorney through your state bar association.