If you are in need of some Arizona tax relief but can’t afford to hire a lawyer, you may be able to work something out yourself. There are many strategies that can be used to settle your tax debt and still have enough money leftover to pay it off. In order to save time and money, there are many resources online that you can consult to find some legal solutions to your Arizona tax relief problems.
One legal strategy that many people use when preparing their taxes is penalty abatement. With penalty abatement, you can cut your taxes in half. The first half goes to a charity of your choice, while the other half is filed as income on your regular income tax return. When you file your taxes, you will often times get a penalty for filing the return as an individual. However, you can often get this penalty abated by sending a letter to the IRS requesting a tax relief. The IRS will often times consider this request and give you a tax refund or an extension to pay your taxes.
There are also several other strategies that you may qualify for if you’re looking for Arizona tax relief. For example, you may qualify for an Offer in Compromise (OIC), which is basically a deal in which you agree to pay a portion of your back taxes. You may also qualify for a Currently Not Collectible status. Check with the Arizona State Government website to see if you qualify for any of these.