Stop IRS Collections And Audits with Lehigh Acres Tax Lawyers

Yes, the IRS will pursue you through substitute returns, notices, liens, wage garnishments, and bank levies if you haven’t filed in years. Filing your returns immediately stops certain IRS collection actions and demonstrates compliance intent. We analyze IRS transcripts to identify missing income documents from W-2s and 1099s the IRS already received, then prepare accurate returns that reduce your liability below substitute assessments.

Gather your last filed return and all subsequent W-2s and 1099s to reconstruct your tax history. Bank levies leave only $1,950 minimum in your account, so acting before enforcement protects your funds. Coordinate federal and state filings simultaneously because states share information within 60-90 days. Our team files all missing returns, negotiates penalty abatement, and arranges payment plans that prevent wage garnishment and asset seizure.

A tax attorney will analyze your penalty notices, review your compliance history, determine which relief programs you qualify for, prepare detailed abatement requests with supporting documentation, and negotiate directly with the IRS. The IRS considers four circumstances for penalty removal: reasonable cause, first-time abatement eligibility, statutory exceptions, and administrative waivers. First-time penalty abatement requires 12 months of clean compliance history before your penalty period. Most IRS penalty notices require response within 30 days to preserve your appeal rights.

We evaluate your situation against all available relief programs, gather documentation proving reasonable cause such as medical records or natural disaster declarations, cite specific IRC provisions the IRS must consider, and file formal abatement requests that maximize your savings. Our team handles all IRS communication, negotiates penalty removal that can reduce your total debt by 25-47%, and arranges payment plans for remaining balances that protect your wages and bank accounts from levies.

File late FBAR electronically through FinCEN BSA E-Filing System and include reasonable cause explanations for each missed year. File if foreign accounts totaled $10,000+ yearly, including signature authority obligations. IRS examiners have penalty discretion based on non-willful versus willful failure circumstances.

We prepare amended returns with explanatory statements showing reasonable cause for late filing. Review statute of limitations for each unfiled year. Lehigh Acres residents resolve FBAR violations through voluntary disclosure programs we handle completely.

Yes, a crypto tax accountant can help you report NFT sales and staking rewards accurately on Form 1040 and Schedule D. The IRS requires records of wallet addresses, transaction IDs, and fair market values. Active traders may benefit from the Section 475 mark-to-market election, while Operation Hidden Treasure continues targeting crypto tax evasion.

Resolution often involves filing protective elections by the original return due date. Next steps include understanding penalties for non-compliance, which can reach 20% accuracy-related fines under IRC Section 6662 if errors are found during review.