Tax Relief Lawyers in Racine
The term "tax relief" can mean a few different things. Sometimes, it's used to refer to action that lowers the amount of taxes that people or businesses are obligated to pay in Racine, Wisconsin, or elsewhere.
When a government official or politician talks about "tax relief," they are normally talking about a tax cut, which is a reduction in a particular tax rate.
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 proficient lawyers negotiate with the IRS or Wisconsin 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 Racine, Wisconsin
Scammers in Racine, Wisconsin often claim that they can employ some distinct method enabling you pay the IRS less than you really owe, or even erase your tax debt.
In the majority of cases, however, tax relief scammers in Racine, Wisconsin have no actual ability to reduce your legal liability to pay your taxes. However, these scams also have several common factors which tend to be dead giveaways of their fraudulent nature, making them fairly easy to avoid if you are extremely vigilant.
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 indisputable guarantee that they can lower your tax bill. While there are some legal ways to try and reduce your tax obligation, including negotiating with the IRS, there is no guarantee that they will succeed. And although the IRS does have programs to help people who are absolutely unable to pay for their taxes, they are only available to very small subset of the population, and most Racine, Wisconsin taxpayers aren't qualified to participate in them.
Additionally, you should be wary of anyone promising tax relief, but demands payment immediately, before they really do anything. Many scammers in Racine will convince their victims to pay them upfront, and then simply take the money and run. They may even make additional, unapproved, charges to your credit card or bank account.
How Can a Tax Relief Attorney in Racine, Wisconsin 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 Racine, Wisconsin tax attorney.
If you hire a brilliant Racine, Wisconsin tax lawyer, your attorney will be able to provide you with honest advice about your legal situations vis-à-vis your taxes. Fair warning: honest legal advice sometimes doesn't involve telling you what you want to hear. However, the advice of an attorney will be far more useful than anything most "tax relief" companies tell you. Plus, in the very rare event that your attorney tries to defraud you, you have much more legal recourse against them than you would have against some fly-by-night "tax relief" company.