What are Some of the Solutions available if you owe back taxes to Georgia?
Have you ever wondered “What are some of the solutions available if you owe back taxes to the State of Georgia?” I’ll tell you.
Hi, I’m Jeff Fouts, a tax attorney located in metro Atlanta, with a state-wide, and nationwide, law practice helping clients who have serious Georgia tax problems.
So, what are some of the solutions available if you owe back taxes to Georgia?
As you may have heard me say before, this is an exciting time to be attempting to solve your Georgia tax problem.
No case is hopeless
You should never assume that your tax case is hopeless. There are always solutions available, and never before has this been more true than today. The Georgia Department of Revenue is indeed kinder and gentler, something I never thought I’d see, but I believe that these kindler and gentler days will not be continued once this recession begins its recovery.
What’s the best solution for your particular tax problem?
Which tax solutions best fit a particular tax problem depends on a variety of factors, including the amount of tax owed, what the financial situation is of the individual or business tax payer who owes the back taxes, how old the tax debt is, what type of taxes are owed, and other particular facts of a client’s case.
Some of the solutions available, at least for the moment, include:
- the new and improved Offer in Compromise program
- the new and improved monthly Installment Agreements
- Correcting substitute filed tax returns
- the new Unofficial uncollectible status
- Waivers, or foregiveness, of penalties
- Innocent spouse relief
- Correcting an invalid tax liability
- reversing a residency issue
- using the new tax tribunal, which is really a dream come true,
- and other solutions.
The important thing to see here is that there are options. There are solutions. There is no reason to stick your head in the sand and simply hope that Georgia won’t find you. It’s always better to begin dealing with a tax problem BEFORE the state government starts taking action against you and taking your money.
As I said, the Georgia Department of Revenue is kindler and gentler than ever before. This change in their attitude and their offering some great options, appear to be driven by the recession. While I don’t know how long these solutions will be available, the truth is that in the past, Georgia never liked being nice, and while they are much nicer today, I believe that when the recession shows true signs of recovery that Georgia will revert back to its old ways and delinquent taxpayers will be the worse off because of it.
So which solution is best for you? I don’t know, but what I do know is that it’s much better for you to take action today rather than wait until next month or next year when some of these programs will probably be eliminated or changed back to the way they were in the bad old days.
Conclusion
I hope this important video tip has helped you understand the Georgia Department of Revenue a little better and about how tax problems are solved. Chances are you have questions or concerns about your own particular tax problem. What I encourage you to do is pick up the phone and call me. I can answer your questions. Over the past 20 years I’ve represented clients all across Georgia, and in 50 states and 29 foreign countries, and I welcome your call. You can reach me at (888) 995-6785 or by email at jfouts@taxhelpattorney.com.
I’m Jeff Fouts and thanks so much for watching. Have a wonderful day.