Best Tax Lawyers Raleigh, NC

Raleigh, NC Tax FAQs

• Where does the Tax Court hold trial sessions closest to Raleigh, North Carolina?

  Call 919-829-1911 to reach the Raleigh Police for non-emergency concerns.

• Where is the low-income taxpayer clinic that is closest to Raleigh, North Carolina?

  You can get a copy of a police report from the Records counter at the Raleigh Police Headquarters located at 6716 Six Forks Road. You can also email a report request to police.records@raleighnc.gov. To get assistance from the Records staff, call (919) 996-3325.

• What legal options are available to Raleigh residents who are having difficulty repaying their tax debts?

  If you have unmanageable tax debts in Raleigh, there are several options available to you:

  • Installment Plan - Restructure your debt into smaller, more manageable payments.
  • Offer in Compromise - Negotiate a lower payment settlement than the actual debt on the basis that your assets and income are insufficient to pay the debt.
  • Currently Uncollectible - The IRS will put the tax debt on hold for 1-2 years. This period of grace allows you to plan how to repay the debt.

• What does it mean if you receive a Notice of Federal Tax Lien from the IRS in Raleigh?

  It means you owe taxes and the IRS has filed a legal claim against your property to collect the debt. The IRS has the authority to seize your assets, sell them, and use the proceeds to pay back taxes. Tax liens can be placed on real estate, automobiles, and business profits. As soon as you receive a Notice of Federal Tax Lien, you should contact a Raleigh tax attorney.

• Who can apply for the Offer in Compromise in Raleigh?

  It is recommended that you work with a tax attorney on your Offer in Compromise (OIC) filing because the IRS only approves a small number of OIC requests in Raleigh. To qualify, you must demonstrate your financial inability to pay your tax debt on time, that you have not declared bankruptcy, or that your tax assessment is incorrect. After 6-9 months, the IRS will either approve or deny your request. An OIC can be requested by both individuals and businesses.

• Does the IRS really have the right to revoke your passport for a tax debt in Raleigh?

  Yes. Individuals with tax debts can have their passports revoked under the Fixing America's Surface Transportation (FAST) Act. The tax debt must be seriously delinquent, which means it must be more than $59,000 (for the year 2023). A federal tax lien or an IRS levy may also result in passport revocation. If you find yourself in this situation, a Raleigh tax lawyer can assist you in taking steps to reverse or prevent the revocation.

• What is the penalty for failing to pay taxes in Raleigh?

  According to North Carolina General Statutes Section 105-130, you will be charged a 5% penalty for each month that your taxes remain unpaid, a 10% penalty for late payment, and a 20% penalty for tax liabilities that remain unpaid 90 days after the due date. Nonpayment of taxes can also result in a tax fraud conviction, which carries a 50% penalty.