Tax Relief Lawyers in Hampton Bays
"Tax relief" is a term used to describe a few different concepts in Hampton Bays, New York. 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 presumably 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.
Increasingly, however, the general public is being inundated with advertisements on the Internet, the radio, and in print, from companies offering "tax relief" to consumers who owe back taxes in amounts that will be difficult or impossible to pay back. These companies claim to have some secret technique that can get New York residents out of paying their taxes, or at least negotiate their final tax bill down to a smaller amount. Some of these companies are legitimate, but many of them are total frauds.
Tax Relief Scams in Hampton Bays, New York
Many scammers in Hampton Bays, New York claim that they can completely relieve you of your requirement to pay your taxes - for a fee, of course.
However, in most cases, these people have no capacity or intent to help their "clients," and will simply take the money and run. In order to spot a tax relief scam, there are a few things that residents of Hampton Bays, New York can look for.
There is one warning sign that virtually guarantees that the tax relief company you're dealing with intends to defraud you: if they make an explicit guarantee that they can lower your tax bill. While there are some legal ways to try and reduce your tax requirement, including negotiating with the IRS, there is no guarantee that they will prevail. And although the IRS does have programs to assist people who are truly unable to pay for their taxes, they are only available to very small subset of the population, and most Hampton Bays, New York taxpayers aren't eligible to participate in them.
Furthermore, you need to know that anyone demanding payment before they execute any services in Hampton Bays probably doesn't have your interests in mind. If you pay a scammer up front, they'll likely just run off with your money, and you'll never hear from them again.
How Can a Tax Relief Attorney in Hampton Bays, New York 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 Hampton Bays, New York tax lawyer.
Your tax attorney in Hampton Bays, New York will be able to give you honest advice about your tax commitments. While they may not tell you what you want to hear, unlike a scammer, they won't steal your money or put you deeper into debt. And in the off chance that you are scammed by a licensed attorney, you have significant legal recourse.