Wilburton Tax Relief
For some taxpayers, the amount of money you have to pay for taxes can be heavy, especially if you are earning minimum wage or have no other income sources available. Fortunately, there are programs you can sign up for to make tax payments more manageable regardless of your financial situation.
Defense Tax Partners has a great team of tax lawyers who can look through all the options available for Wilburton tax relief and help you apply for them to make your tax payments easier to handle. We will sit down with you to learn more about your financial situation and see what can be done to make your tax payments easier to handle. We are familiar with the various tax programs offered by the Internal Revenue Service (IRS) and the Oklahoma Department of Revenue and how they review applications. This allows us to create a stronger application that will get your request approved by the two agencies and teach everything you need to know about these programs.
We are always ready to help both individual and corporate taxpayers who need tax legal assistance. If you have any questions, let us know, and we promise that you will get a personalized service that suits your needs.
Call Defense Tax Partners at (405) 963-3143 for your Free Consultation with an Wilburton Tax Relief specialist!
How to Get Tax Relief
The IRS and the state revenue department are mandated by federal and state tax law to ensure that taxes are paid accordingly and without any delay. They are also tasked with ensuring that tax records are accurate and penalizing those who fail to fulfill their tax responsibility or pay it.
For those who find themselves having problems with their tax responsibilities due to their current financial or employment status, there are tax relief programs available at both the federal and state level that they can apply for. However, with the various options available, it can be hard to pick the best one. Fortunately, our Wilburton tax relief legal team is right here to help you pick the best tax relief program that fits you and support you through the application process.
Down below are the most popular tax relief programs that you can apply to make your tax payments easier to manage:
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- Tax deductions – These involve certain types of expenses and contributions that can be removed from your gross income. Once the deductions are applied to your gross income, you will get a lower taxable income and, subsequently, a lower tax payment amount. For this tax relief option, we can utilize either itemized deductions or standard deductions to see which one works best for your case.
- Tax credits – Tax credits involve expenses that can be removed from your tax bill completely, resulting to lower tax liabilities compared to tax deductions. Tax credits are sorted into three types: a tax credit for families with kids, tax credits for investing in retirement or education, and ‘green’ purchases. Tax credits come in the following forms:
- Child tax credit
- Child and dependent care credit
- Earned income credit
- Adoption credit
- The saver’s credit
- American Opportunity credit
- Lifetime Learning credit
- Residential energy tax credit
- Plug-in electric-drive motor vehicle credit
- Tax exclusions – These are assets and income sources not considered taxable under the law. We can help you identify which assets and income sources qualify under tax exclusions so we can remove them from your tax filing and get a lower tax amount.
- Tax debt forgiveness – This is the most common tax relief program many taxpayers consider to help with their tax debt. Whether one is trying to make ends meet with their finances or simply does not have the means to pay it at all, you can apply for an installment plan the IRS can approve of or seek for lower tax payment. There are several types of tax debt forgiveness programs available, and our team can help you apply for them. Some examples of tax debt forgiveness programs include:
- Installment agreements
- Innocent Spouse Relief
- Offer in Compromise
- Currently Not Collectible Status
Credible Wilburton Tax Relief Professionals
Whether you are an individual taxpayer or a corporate taxpayer, you will definitely agree that it’s difficult to understand both state and federal tax law and keep up with all the requirements needed to avail yourself of certain programs. The penalties are also severe even if your violation is minor, and while you can appeal, the process will take a long time.
At Defense Tax Partners, you don’t have to stress out too much when it comes to resolving your tax problem. As one of the best Wilburton tax relief firms, we are dedicated to helping our clients fulfill their tax responsibilities and avoid any penalties while sorting out their taxes. If you are having problems paying off your debt, we will study your financial situation to determine which tax relief program is best for you and how you can follow the payment schedule despite your financial status.
If you want to ask more questions about your tax issue and how we will handle it, we offer a free consultation service available for you to avail yourself of. One of our tax experts will be assigned to you to answer your questions, and if you are ready to proceed with sorting out your tax relief applications, we can provide you with the quote of our services and get to work once you give us a signal.
Let’s Talk – Compassionate Legal Advice
Taxes are an inevitable part of a working or earning person’s life that must not be ignored in any way, even if we have limited means to pay for them. If you are having problems, there are ways to make it easy for you to pay your taxes without straining your financial capacity.
Defense Tax Partners can help you find the right tax relief program that will help you meet your tax liabilities without worrying about high penalties. We will guide you through the options, explain their pros and cons, and assist you in getting the tax relief request approved. Contact us today to learn more about our legal service, and we will show you a stress-free way to sort out your taxes regardless of your financial status.
Call Defense Tax Partners at (405) 963-3143 for your Free Consultation with an Wilburton Tax Relief specialist!