Comprehensive Tax Solutions for Your Business
Welcome to THEVOZ & Partners, your trusted legal partner for resolving tax issues and ensuring compliance with US and international tax laws for your business. If your business faces tax liability, audits, delinquent tax issues, tax disputes, Payroll Tax Issues, and past-due tax returns. Our team of tax consultants, attorneys, and CPAs can help in that case.
As a law firm dealing with tax law, we have a comprehensive understanding of tax regulations and their implications, allowing us to provide your business with legal representation and protection against the IRS.
Our team is highly experienced in US and international tax laws for businesses. We are exceptional at dealing with the IRS, reducing tax liabilities, eliminating tax disputes, creating tax solutions, and providing ethical tax representation. We understand that every business tax case is unique, so we tailor specific solutions for your business to avoid additional penalties, interest, or late fees.
We offer a range of options to help your business become tax compliant, including Installment Agreements, Offers in Compromise, Penalty Abatement, IRS Tax Payment Plans, and Audit Representation. In addition, our team of experts will work with your business to find the best strategy to ensure compliance with all necessary tax regulations while minimizing your tax burden.
Q: What is Penalty Abatement
A: Penalty abatement is a process by which the IRS may reduce or eliminate the penalties assessed against an individual or business for noncompliance with tax laws. Penalty abatement can be complex and challenging, requiring a thorough understanding of the tax code, regulations, and penalty abatement procedures.
Q: What are IRS Penalty Abatement Attorneys?
A: IRS Penalty Abatement Attorneys are legal professionals who specialize in assisting individuals and businesses in reducing or eliminating tax penalties imposed by the IRS. They have the knowledge and experience to develop effective strategies to help clients reduce their penalties, gather necessary documentation and evidence, and represent them during negotiations with the IRS to achieve the best possible outcome.
Q: How can an IRS Penalty Abatement Attorney help me?
A: An IRS Penalty Abatement Attorney can help you by providing legal advice and guidance on the penalty abatement process, gathering necessary documentation and evidence to support your case, and representing you during negotiations with the IRS to achieve the best possible outcome. They can also advise on the most effective ways to avoid future penalties and ensure compliance with tax laws.
Q: How do I know if I need an IRS Penalty Abatement Attorney?
A: If you have been assessed penalties by the IRS and want to explore your options for reducing or eliminating them, it may be in your best interest to consult an IRS Penalty Abatement Attorney. They can evaluate your case, provide legal advice on your options, and represent you during negotiations with the IRS.
Q: What penalties can be abated?
A: The IRS may abate penalties for various reasons, including reasonable cause, first-time penalty abatement, and statutory exceptions. Penalties that may be reduced include failure to file, failure to pay, accuracy-related penalties, and more. An IRS Penalty Abatement Attorney can evaluate your case and determine which penalties may be eligible for abatement.
Acknowledging that IRS penalties can accumulate rapidly and significantly impact a business's financial well-being is imperative. Therefore, collaborating with a tax professional is crucial for adherence to IRS regulations and mitigating potential penalties. We at THEVOZ & Partners offer comprehensive services to assist our clients in resolving various penalty types, which include but are not limited to the following:
- Failure to File Penalty: If a business does not file its tax return by the due date or extension deadline, it may be subject to a failure to file a penalty. The penalty is based on the amount of tax owed and increases the longer the return is late.
- Failure to Pay Penalty: If a business does not pay the amount of tax owed by the due date, it may be subject to a failure to pay the penalty. The penalty is based on the amount of tax owed and increases the longer the payment is late.
- Accuracy-Related Penalty: If a business misstates the amount on its tax or informational return, it may be subject to an accuracy-related penalty.
- Trust Fund Recovery Penalty:If businesses withhold payroll taxes from their employees but do not remit them to the IRS, they may be subject to a trust fund recovery penalty. This penalty can be assessed against anyone in the position to withhold taxes.
- Late Payment Penalty: If a business pays its taxes late, it may be subject to a late payment penalty. This penalty is based on the amount of tax owed and increases the longer the payment is late.
- Negligence Penalty: If a business fails to exercise reasonable care when preparing its tax return, it may be subject to a negligence penalty. The penalty is a percentage of the understatement of tax and can be avoided if the business can show that it acted in good faith.
THEVOZ & Partners specializes in tax law
This area of law is particularly complex and requires a high level of training. For this reason, our attorneys train continuously and hold a great amount of experience in the field of tax law. THEVOZ & Partners is a tax law firm with offices in Austin and Lausanne specializing in the provision of tax and legal services to individuals and companies in the United States and Europe.
We help clients navigate a litany of domestic and international tax issues ranging from compliance to planning and even litigation. We understand that each client has unique needs and goals, and we pride ourselves on taking a personalized approach to tailor our services to meet those needs.
THEVOZ & Partners is an international law firm committed to providing our clients with tailored and competent services.
THEVOZ & Partners is a highly respected boutique law firm with locations in the United States and Switzerland. Our attorneys have a wealth of experience in various legal fields, with a focus on tax, corporate and commercial law. We are here to help you navigate any legal issues, whether you are a business owner seeking advice or an individual needing representation. Our team is dedicated to providing personalized, attentive service to all our clients. Trust us to be by your side as you navigate the legal landscape.