Tax Law

Tax Controversy Attorney

IRS Collection: Liens, Levies and Seizures

We can work with you to suspend IRS collection activity while we explore options to manage your tax debt:

  • Negotiate payment terms of Installment Agreements
  • Negotiate debt settlements through Offers in Compromise
  • Negotiate penalty abatements
  • Negotiate resolution of tax assessments with IRS Appeals
  • File petitions and defend claims in the U.S. Tax Court
  • Secure releases of wage and bank levies
  • Secure lien releases
  • Assist with responses to IRS audits
  • Assist with Innocent Spouse defense

If you owe taxes, the IRS can impose a lien or levy against your income and your property until you pay the liability in full. The IRS can seize your property and use it to satisfy your outstanding tax liability. Liens and levies imposed by the IRS can damage you and your business by causing you to lose assets and income, and by hurting your credit, your reputation, and your ability to meet your other financial obligations.

IRS Audits

We can assist with managing IRS audits involving:

  • Individual income taxes
  • Business income taxes
  • Tax penalties
  • Employment taxes
  • Employee v. Independent contractor Classification
  • Foreign Bank Account Reporting (FBAR) and offshore accounts
  • Partnership taxes
  • Valuation disputes
  • S. residency

We can help with IRS Dispute Resolution services to meet your unique circumstances.

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Petrova Law is a boutique business law firm focused exclusively on tax and business law matters. The firm assists businesses with tax strategy, IRS representation, sales and purchases of businesses (M&A), and general corporate law from startup launch through growth and maturation to exit and succession.