Common Tax Problems
  • January 5, 2021
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Tax tax problems come in different forms. There are sales tax, state tax, and IRS tax problems that businesses and individual taxpayers face. Failure to file or pay taxes on time and in full, as well as any inconsistencies in the information provided can attract a range of tax related problems including tax audits. Whenever you receive a notice from the tax authorities for any issue, it is important to respond as soon as possible. You can also hire an IRS attorney that could help with any tax issues and increase your chances of getting resolutions such as IRS debt relief. Here are some common ways to prevent or resolve common tax related problems.

Make Full Payments

One of the best ways to avoid tax-related problems is to pay any due and outstanding taxes in full. It remains important to get the bill checked by a professional if you receive a notice as there are sometimes inaccuracies. Set a reminder if you usually find yourself missing important deadlines.

Related Blog: Effect of the COVID-19 Pandemic on IRS Tax Problems

Ask for FTA Waiver

First Time Penalty Abatement Waiver or FTA is a way of rewarding taxpayers who have paid all their tax dues and have failed to pay their tax dues for the first time. If you have a clean tax compliance history, you can file for a waiver on failure-to-file, failure-to-pay, and failure-to-deposit penalties. To apply for FTA, you need to file all outstanding returns, clear all your tax dues, and must not have any dues for preceding three years. Once you meet this criteria, you become eligible for an FTA waiver from the IRS. FTA does not apply to penalties such as accuracy related penalties.

Related Blog: Unable to Pay Federal Tax Debts? Request an Installment Agreement

Ask for Offer In compromise

Tax authorities generally accept an Offer in Compromise if they assess that the amount offered to settle your IRS debt is more than or equal to the Reasonable Collection Potential or RCP. Your RCP is calculated using financial analysis tools such as 433-A for individuals and 433-B for businesses. Remember that if you have filed for bankruptcy, you cannot be considered for an Offer In Compromise.

Go for an Installment Agreement

Another common way to solve common tax problems is to pay outstanding taxes through an IRS tax installment agreement. Before applying for an agreement, it is recommended to consult a professional tax attorney who can work on getting an agreement that is reasonable for you. Generally the tax authorities request a large monthly payment, which can introduce untold problems in your finances in the absence of professional help from a seasoned tax attorney.

End Note

It is essential to comply with tax laws in order to get the desired outcome such as IRS debt relief. The Law Offices of Nick Nemeth, PLLC, has some of the most experienced Dellas tax attorneys who specialize in helping taxpayers get favorable outcomes to a range of IRS tax problems. To speak with one of our Dallas tax attorneys, call (972) 426-2553, or email You can also fill out our contact form.

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What Our Clients Have to Say

Susan WilsonSusan Wilson
03:27 25 Jan 23
I have been very pleased with the solid counsel and guidance that Nick Nemeth has provided me regarding my tax issue. I found him to be honest and straightforward which I appreciated. I was impressed with his relevant experience and knowledge . He has definitely brought me peace of mind during a difficult and stressful time.
Sarah HowardSarah Howard
03:44 14 Nov 22
I would like to thank Mr. Nick and his staff for the superb help that I received from them. My IRS problem was resolved quickly and efficiently. It took 2 visits to convince me that I was over my head. I thought that I could call the IRS, appeal my tax notices and settle on a payment plan on my own. After many phone calls to the IRS, waiting sometimes more than 4 hours with no resolution to speak of, it proved to be extremely difficult and stressful. Revisiting Mr. Nick was a huge wake up call. My account was reviewed, and a payment plan was established with the IRS within a week. I will be forever grateful to the staff who worked on my case and especially to Lorna who listened to me vent while going through this painful process.
00:33 07 Aug 22
I cannot say enough good things about Nick and his team. When I first met with Nick he was up front, honest, friendly and efficient. When I worked with one of his attorneys, Eric B, I was just as pleased. All of the staff there are nice and very helpful. I wish I hadn't waited so long to get help with my issue. Over 6yrs I tried getting through and getting anywhere with the IRS and hardly made any progress. I know this may not be the case for all, and even I thought it would take longer than it did, but 3mos and they had my situation straightened out. I still can't believe it. Thank you thank you THANK YOU for all that you did for me. This is a huge burden gone out of my life now thanks to you. If anyone needs help out there, I know you may not want to shell out more money to get their help but it may just save you in the long run.
Spoilly GirlSpoilly Girl
23:49 03 Aug 22
The Nemeth Law team is exceptional. They treat their clients like a family member who is in crisis. They want you to get the best possible outcome. I really appreciate everything that they did for me. Jake and Ashley had the greatest role in my case and it all turned out for the best for me. Thank you Nick and team for easing my fears and getting me through the long process. I'm truly grateful.
Eddie WaltEddie Walt
19:44 12 Jul 22
During a time in which competent, professional service at a fair price seems to have disappeared, Mr. Nemeth and his team are a refreshing breath of fresh air.From my first phone call to the final settlement of our case with a non-responsive IRS, they under-promised, over-delivered and were in constant courteous contact to make sure we knew exactly what was happening and where we stood.I hope to never need their services again, but, should I receive another friendly letter from the IRS...I know who to call!
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