Memphis: (901) 300-2788 • Nashville: (615) 994-0051

Category: IRS

Tyler DeWitt Featured on Fox 17 Nashville

Fox 17 News Nashville recently featured Tyler DeWitt of DeWitt Law in a story about the newly unveiled GOP tax plan and how it may save taxpayers time and money: “A lot of this is kind of just smoke and mirrors to some degree, DeWitt said. “All aimed at trying to simplify things. Not necessarily saving a significant amount of money but just simplify how you’re doing your taxes.” –…

How Does the IRS Calculate Penalties and Interest?

The Internal Revenue Service is well known for its enforcement of stiff penalties and interest for tax liabilities. In fact, some of the first questions I get from prospective clients facing federal tax debt are along the lines of “How much of this bill is penalties and interest” or “Is there any way you can remove the penalties and interest”. The most common penalties imposed by the IRS are (1)…

What You Need to Know About Tax Relief Companies

We’ve all heard, ad nauseum, the constant television and radio commercials from tax relief companies claiming they can settle your tax debt for “pennies on the dollar” while prompting you to call some 1-800 number. These companies often refer to the IRS “Fresh Start” program and mislead taxpayers by saying they qualify for an IRS hardship or settlement program, a determination that is ultimately made by the IRS. The Federal…

The IRS Offer in Compromise: Doubt as to Collectability

One of the most powerful tools available to taxpayers facing federal tax debt is the IRS offer in compromise – doubt as to collectability. This is typically what those “1-800” tax service company commercials are referring to as “pennies on the dollar” tax settlements. Taxpayers often do not realize how this process works and the complexities that can arise through the course of submitting an offer in compromise. An offer…

What You Need to Know About Resolving IRS Tax Debt

Many American taxpayers face income tax debt with the IRS and are subjected to severe IRS collections efforts, including levies, garnishments, and liens.  Taxpayers facing what may seem like the full force of the federal government breathing down their necks far too often give up on a disputed tax issue or back taxes that they just can’t pay.  With a better understanding of their rights, taxpayers can perhaps find some…

WordPress Theme built by Shufflehound.
DeWitt Law, PC © 2017. All Rights Reserved.