Best Tax Attorneys in Greeley

FAQs

• Where does the Tax Court hold trial sessions closest to Greeley, Colorado?

  The Tax Court in Colorado that holds trial sessions nearest to Greeley is the one in Denver. This court is located at Courtroom C502, Byron G. Rogers U.S. Courthouse, 1929 Stout Street (80294).

• Where is the low-income taxpayer clinic that is closest to Greeley, Colorado?

  There are three low-income taxpayer clinics in Colorado that can be easily accessed in Greeley, no matter which part of the metro you are in. These offices are also in Denver, which include

  1. Colorado Legal Services, which is located at 1905 N Sherman Street, Suite 300, Denver 80203, and can be contacted via 303-837-1313
  2. Denver Asset Building Coalition, which is located at 2475 W 26th Ave, Denver, CO 80211, United States, and can be contacted via +1 303-388-7030.
  3. University of Denver Graduate Tax Program LITC, which is located at the Sturm College of Law, University of Denver, 2255 E. Evans Ave., Denver, CO 80208.

• What are the most common tax issues that Greeley attorneys handle?

  Greeley tax attorneys have experience dealing with a range of tax concerns. Audits, liens, levies, wage garnishments, and unpaid personal or business taxes fall under this category. They also handle issues with creating installment contracts, declaring your account as non-collectible, requesting creditors for refunds, and dealing with the IRS or the government.

• What steps do tax attorneys in Greeley take to help clients resolve issues with the IRS?

  In Greeley, tax attorneys provide expert representation for clients facing issues with the IRS. Their role entails thoroughly examining each client's specific circumstances to identify the most suitable course of action. By doing so, they can effectively negotiate with the IRS on behalf of their clients. These lawyers also respond swiftly to address the issues at hand and begin working with the IRS to find a solution.

• What effect do the proceeds of a life insurance policy have on the value of a deceased person's estate tax in Greeley?

  In Greeley, life insurance policy proceeds are included in a deceased person's estate if they retain any control over the policy, such as changing beneficiaries. This inclusion may have a significant impact on the estate's taxability. If the estate value is close to or greater than the estate tax exemption, which is currently $12 million per person, an irrevocable life insurance trust ILIT can provide significant tax savings.

• How can IRS tax levies be released in Greeley?

  A levy occurs when the IRS seizes your Greeley property to satisfy a tax debt. They have the authority to seize your wages, bank accounts, retirement funds, and personal belongings. You can request a payment schedule, apply for a hardship status (CNC), demonstrate financial hardship, or bargain an offer in compromise to pay off your tax obligation for less.

• What are the potential consequences of receiving an IRS tax levy in Greeley?

  An IRS tax levy in Greeley has specific consequences. It follows a tax assessment, noncompliance or refusal to pay, and receipt of a notice of levy. The notice is distributed at least 30 days in advance via various means. The IRS can levy even if the notices are not received due to a change of address.