- Wills, Trusts, Estate Planning
- Successions & Probate
- IRS Tax Resolution
WILLS, TRUSTS, ESTATE PLANNING
As a Board Certified Estate Planning and Administration Specialist as certified by the Louisiana Board of Legal Specialization, David Koch has expertise in drafting wills, establishing trusts and developing personalized estate planning strategies. David understands that no two situations are the same and is committed to working with clients to draft legal estate planning documents that reflect individual wishes and personal goals.
SUCCESSION & PROBATE
As a Board Certified Estate Planning and Administration Specialist as certified by the Louisiana Board of Legal Specialization, David Koch has extensive experience in Louisiana successions law. David understands that successions can be stressful and trying after the death of a loved one. David is committed to working with clients to provide an orderly and timely transfer of the assets of a deceased to the heir or the legatees under a will.
IRS TAX RESOLUTION
At Koch Law Firm we recognize that each tax case involving the Internal Revenue Service is unique. We are committed to working directly with clients to assess the situation and provide effective tax solutions that solve even the most complicated personal business tax problem.
If you find yourself facing an uphill battle with the Internal Revenue Service, please contact Koch Law Firm at (225) 612-9700 or complete and submit the contact form. We will be your voice before the Internal Revenue Service facilitating negotiations in your best interest.
Below are the tax resolution services we provide:
- Employment & Payroll Taxes
- Offer in Compromise
- Penalty Abatement Requests
- Installment Agreements
- Release of Liens and Levies
- Innocent Spouse
- Currently Not Collectible
Employment & Payroll Taxes
If your business is delinquent in paying employment and payroll taxes on wages, this presents a very serious issue with the Internal Revenue Service. In most cases, they will seek to collect the “Trust Fund” taxes, the amount withheld from the employee’s wages, not only from the business but also personally from all “responsible persons” in the business. “Responsible persons” can include officers, partners, corporate directors, shareholders or employees of a business. If you find yourself in this situation, Koch Law Firm will promptly evaluate your circumstances and provide a personalized strategy to help settle this tax liability or prevent a tax assessment being made against you.
Offer in Compromise
An offer in compromise may be a legitimate option if you can’t pay your full tax liability or if doing so creates a financial hardship. And offer in compromise allows you to settle your tax debt for less than the full amount you owe. If an offer in compromise is your best option, then Koch Law Firm will complete and file all neccessary forms, submit your offera dn negotiate with the Internal Revenue Service to determine the right payment schedule for you.
Penalty Abatement Request
If you have been assessed penalties and have a good reason to remove those penalties, then a penalty abatement request may be a good option for you. Internal Revenue Service penalties are one of the most commong sources of frustration for taxpayers. Tens of millions of penalties are issues by the Internal Revenue Service annually. The tax code gives you the right to request an abatement or cancellation of any Internal Revenue Service penalty, but you must have a good reason. Koch Law Firm will evaluate the penalty and work with you to determine if your facts and circumstances warrant an abatement request.
Release of Liens and Levies
If the Internal Revenue Services has filed a lien or levy against your, Koch Law Firm will assess your situation to determine the best course of action to help you either avoid or remove the lien or levy. The Internal Revenue Service basically has two methods of collecting back taxes: a federal tax lien and a tax levy. A tax lien is a claim used as security for the tax debt, while and Internal Revenue Service levy actually takes the property to satisfy the tax debt.
If you or your business is not financially able to pay your tax debt immediately, then installment agreements may be a good option for you. Koch Law Firm will evaluate your circumstances and determine your best course of action, complete and file the neccessary personal and/or business financial statements and facilitate negotiations with the Internal Revenue Service.
If you recieve notive that you or your business will be audited by the Internal Revenue Service, it is highly recommended that you seek advice from Koch Law Firm regarding your rights and obligations. While the Internal Revenue Service may try to make your audit seem minimal, it can quickly morph into a very serious personal or business situation. We will provide insight on how to prepare for an audit, help you understand your rights and obligations and minimize your overall exposure.
If you do not aggree with the Internal Revenue Service’s decision, then an appeal may be a viable option for you. Most differences between the Internal Revenue Service and taxpayers are settled at the appeal level. Koch Law Firm will assess your situation and determine if the appeal is a viable option for you.
If you are burdened with the tax debt through the fault of their spouse, then innocent spouse releif could be a viable option for you. Innocent Spouse Releif is a form of tax releif that can relieve you of your tax liabilities, interest and penalties as a result of filing a joint tax return with your current or ex-spouse. Under normal circumstances the Internal Revenue Service holds both spouses equally responsible for what is filed on a joint tax return, which means that all taxes and penalties are the responsibility of both parties, regardless of who made a mistake. However, if you were not aware of the mistake or your spouse knowingly committed tax fraud without your knowledge, you can potentially be relieved of the debt through innocent spouse releif. Koch Law Firm will assess your situation and help determine if you qualify for innocent spouse releif.
Currently Not Collectible
If you face extreme financial hardship and cannot make monthly payments toward your tax debt, being deemed “currently not collectible” may be a viable option for you. “Currently not collectible” means that a taxpayer has no ability to pay his or her tax debt. The Internal Revenue Service can declare a taxpayer “currently not collectible” after the Internal Revenue Service receives evidence that a taxpayer has no ability to pay. Koch Law Firm provides services to assess your situation and determine your eligibility for a “Currently not collectible” tax releif option. If you are eligible, then we will represent and provide counsel through the process.