Why You Should Work with a Tax Resolution Firm
If you’re having problems with your taxes, you aren’t alone. According to the Internal Revenue Service (IRS), one out of 15 American taxpayers experiences some kind of tax problem. And if you’re one of those taxpayers with a tax problem, it’s important to solve that tax problem before it gets out of hand.
If not handled promptly and properly, penalties and interest can double, triple, quadruple a tax burden in a short period of time. We see it all the time. And the IRS’ complicated procedures and requirements don’t make things any easier. If you do find yourself burdened with tax debt, it’s a good idea to seek the assistance of a tax resolution specialist.
You may be among the millions of people each year struggling to pay what they owe to the IRS. Estimates suggest that at least one person out of six in the U.S. either owe the IRS money or are facing other tax crises like failing to file tax returns. That’s a substantial amount of the population.
It’s important to manage and solve your tax problems before they snowball into something unmanageable and well beyond your control. Here are some good reasons why a tax resolution specialist can make a big difference in solving your tax debt in the manner that works best for you:
A Tax Resolution Specialist Mediates Directly with the IRS
One of the greatest advantages that taxpayers enjoy by hiring tax pros to help them with tax issues comes with having someone mediate for and represent them in all IRS proceedings. Your tax professional has the experience and competence to handle matters like:
- Making phone calls and answering letters from the IRS
- Gathering and submitting required paperwork during the proceedings
- Filing past due tax returns
- Making sure your rights are protected and observed
- Speaking on your behalf during hearings and audits
The idea of going up against an IRS agent or auditor can be galling for any ordinary taxpayer. You do not have to deal with the IRS yourself but instead can get confident and experienced representation when you hire an IRS tax professional to help you.
Avoiding Garnishments and Levies
The IRS wields an impressive amount of power in its ability to lay claim to your money and assets. It does not have to get a court order to garnish or levy your income and property. It can also seize more than what is normally allowed by most states during an ordinary garnishment or levy case.
You may avoid having your income and assets taken from you to settle your tax debt when you hire a tax professional. Your tax pro may be able to work out a payment plan, prove your financial hardship, or propose other effective ways to settle your account.
Eliminating Penalties and Interest
The tax debt you owe to the IRS may be compounded by interest and penalties that you may not be able to afford to pay. A tax professional can negotiate on your behalf and, using the current tax code to your advantage, have some or all of these penalties and interest wiped from your debt. You may end up owing just the principal amount when the negotiations are finished.
A Tax Resolution Specialist Will Settle Your Tax Debt for Less
Tax professionals are trained to know the current year’s tax code and what loopholes exist to minimize a taxpayer’s IRS debt. When you owe hundreds or thousands of dollars, you obviously want to reduce that debt as much as possible.
Your tax resolution specialist will know what legal loopholes to use to reduce your tax debt and save you a lot of money that you otherwise might have had to sacrifice to settle the account. The tax professional has many options at his or her disposal in negotiating to settle the debt for a lot less than what you actually owe.
Getting Your Life Back
Each letter from the IRS you receive in the mail reminds you of a huge financial burden that you think you cannot escape. Every day might be filled with worry about what you can do to pay off the IRS and get on with your life.
Rather than spend hours and days worrying, you can reclaim your peace of mind by retaining the services of a qualified tax professional. Your tax pro will take over your IRS matter so you can focus on enjoying your life again. At IRS Tax Freedom, we will handle everything for you, worry-free!
Our expert tax professionals are trained and ready to assist taxpayers with their IRS debts. We offer numerous benefits to people who may believe that they cannot pay off what they owe or escape their tax debt without having their wages garnished and assets seized. We endeavor to have our clients once again enjoy peace of mind while we effectively handle their IRS tax obligations.
Turn over dealing with the IRS to us and get behind our shield of protection. Schedule a FREE consultation using one of the contact methods below. Take that first step to IRS Tax Freedom, and if you choose to have us represent you, we’ll handle everything for you, rest assured.