Tax Resolution Phase Three – Resolution
And lastly, we negotiate the best possible resolution that permanently resolves your IRS difficulties. That may mean doing an Offer in Compromise, a properly structured Payment Plan, Currently Not Collectible Status, Penalty Reduction and more.
Most of this takes place without you ever coming to our offices. We live in a day and age where technology makes it easy for us to represent you no matter where you reside. Of course, you can always come to our offices if you prefer, whatever is more convenient for you.
Believe it or not there are new laws that have gone in to effect to help financially strapped taxpayer’s today. The IRS announced their “Fresh Start Initiative” which allows more taxpayers than ever before to settle up with the agency. Now is the time to take advantage of these less-stringent, more flexible programs before the IRS changes its mind again.
The BIG Deal
Everything mentioned: The Power of Attorney, Getting your Tax Transcripts from the IRS and filing all your back taxes, is prep for the Big Deal—we want to see if you are qualified for the IRS’s Offer and Compromise program—that’s where you pay the IRS less than you owe. Usually A LOT less than you owe! That’s right there are ways to negotiate with the IRS with the opportunity to reduce your tax debt, penalties and interest substantially.
But the IRS won’t negotiate with us, or help you, if you don’t have all your legally required income tax returns filed. And it’s not like the IRS has gotten nicer—it’s because they want to collect something even if you don’t have anything! They would much rather give you a break than collect nothing. BUT—they always try to get as much as they can first. The IRS’s Offer in Compromise, or settlement program as it’s known is complex, time consuming, tedious and requires someone knowledgeable enough to call the IRS’s bluff when they’re not following their own rule and regulations and want you to pay a much higher amount than you should You need an expert that knows how to preserve your rights!