The process of tax filing is one of the most important duties of each citizen. In some cases, this process may become too difficult for the taxpayer that they may altogether avoid it. This may invite troubles from the IRS on the taxpayer. In that, the proper course of action is to take help from the professionals in regards to Tax Resolution.
What is Tax Resolution?
Tax Resolution is the process of working with the IRS and third-party tax professionals to resolve the tax problems that a taxpayer may face. The laws of the IRS are quite helpful for the taxpayer and enable various forms of relaxation for the taxpayer. But, they may be complicated for some taxpayers. That is why hiring a tax professional is important.
The tax resolution agency would make sure that the taxpayer gets to learn about their best options and take full advantage of the IRS rules and regulations. The tax resolution is the key to saving a huge amount of money and troubles for the taxpayers.
What does a Tax Professional Do?
A tax professional is dedicated to making the process of your tax returns much simpler. If you are facing a problem with a complicated tax return and do not know what to do, hiring a tax professional is the best way. They would help you with filing the returns by filling the forms on your behalf.
In case you are contacted by the IRS due to some irregularity, instead of returning their call and trying to satisfy them, using a tax professional on your behalf is much easier. As they have complete knowledge of your returns and the rules of the IRS, they are in a better position to save you from huge fines and penalties.
What are Tax Resolution Services?
Tax Resolution Services may vary depending upon the requirements of the client. By contacting our firm, you will be getting the best legal representation in the following fields:
If there is an irregularity in your tax returns, there are chances that you might be contacted by the IRS agent for Tax Audit. You may be asked some difficult questions and treated unjustly. That is where our firm comes in.
Our team will make sure that none of your rights have been violated. Our team will make sure that you do not have to pay any kinds of penalties if possible, and before you sign any legal documents, you have the best options presented in front of you.
The financial condition of the taxpayers may not allow them to pay completely what they owe to the IRS. For some citizens, it becomes a decision between choosing a roof over their head and paying the IRS. This situation can be turned into your favor with the help of our talented team.
The IRS offers Non – Collectable Debt. With this status, you are verifying that with your current financial condition, you can not pay what you owe to the IRS in any way. So, the IRS will not charge any tax from you. The process of this may be difficult. So, if you want to take advantage of this, our team would help you identify if you are eligible for it. If so, what are the ways that it could be used in your favor?
Save you from Overpaying
The IRS is also bound to make mistakes, especially when it comes to determining what you owe. That may overcharge you. To make sure that you do not have to pay more than what you, you can take advantage of the Transcript Protest.
Our team will help build your case by gathering all the required documents are present a formal transcript protest. The protest will help convince the IRS Agent that the information provided by the taxpayer is accurate, and they have made a mistake in overestimating your income. Once the mistake on their part has been rectified, you will be let go of paying any additional taxes than what you owe. It would help us save you from losing your hard-earned money.
Selecting an Installment Plan
In some situations, the financial condition of the taxpayer does not permit them to pay all the tax at once. And if they are late in paying the tax that they owe, the IRS may introduce some serious penalties on them. We make sure that you do not have to go through that.
The Installment plans offered by the IRS can go a long way in helping you pay your taxes in a manner that is suitable for you. Our professionals will help your present the best installment plan that suits your needs and follows the proposed rules of the IRS. It would ensure that your proposed payment plan is approved by the IRS without any kind of trouble.
Offer in Compromise
This is another great way to help those taxpayers who do not have sufficient financial capacity to pay the IRS. Instead of running from the IRS, there is a way in which the amount you owe to the IRS may be reduced. And that could be done through an Offer in Compromise.
An Offer in Compromise helps the taxpayer establish that in their current financial condition, they can not pay the tax. That entitles them to get owed tax reduced. You can get the owed taxes reduced substantially with the help of the Offer in Compromise. Our team will help you fulfill all the requirements and ensure that you are eligible for the program. Once you have managed to get the Offer in Compromise accepted, paying taxes would be much easier.
Forget about your Tax Troubles – Hire the Best
The IRS has various helpful plans for the taxpayer who genuinely needs it. Our team of talented legal experts is there to help you identify which plan is most suitable for you and guide you through the process. We are here to make sure that instead of focusing on your tax troubles, you may focus on your business for a better chance of success. So, if you are facing any kinds of tax troubles, go ahead and contact one of our experts and be worry-free.