The 2023 tax filing season has come to its end. Many taxpayers have not filed their returns or have a tax due. The Internal Revenue Service (IRS) has been actively hiring employees, in part, to help in the collection of taxes due. In his address to Congress recently, the agency announced that it plans to hire 12,605 employees for enforcement over the next three years.
IRS tax debt affects many aspects of our life. IRS problems could be extremely complicated. Individuals often do not know where to turn for help or attempt to resolve the problem themselves. Many taxpayers just live with the problem for months and sometimes years, assuming that nothing can be done about it or the problem will just disappear. The IRS will not let the 10 years statute of limitation for collection to expire and will take action to collect.
A tax resolution specialist could give taxpayers the peace of mind they and their family deserve because they can stop worrying or panicking, knowing that they do not need to meet or speak with the IRS any longer. A representative can protect their income and assets from aggressive IRS enforcement tactics.
Four Primary Reasons to Hire a Tax Resolution Professional:
1. Right to Representation.
Taxpayers have right to representation as listed on the Taxpayer Bill of Rights. If an IRS revenue officer (RO) or revenue agent (RA) calls or visits you, you are under no obligation to answer any of his or her intrusive questions. You would politely respond by asking for the agent information and informing him or her that you are in the process of hiring a tax professional to represent you and this person will contact him or her directly. An enrolled agent, a CPA, a tax attorney who interacts daily with the IRS knows everything on how to stand before the IRS to protect your rights. Note that a tax preparer and an accountant CANNOT LEGALLY represent a taxpayer before the IRS. Generally, taxpayers with proper representation never meet or speak with the IRS. A tax resolution specialist also knows how to get you the lowest possible settlement.
2. Unfiled Tax Returns.
Taxpayers who have unfiled tax returns need representation. A tax resolution specialist would help you determined the returns to file and assist in the reconstruction of documents needed to file the returns. Not legally filing tax returns when they are due is considered a federal offense which carries fine and potential jail time. The IRS, generally, will not put a taxpayer in jail unless the taxpayer is deemed to owe a lot of money and he or she is uncooperative. Hiring a tax resolution expert is the best action a taxpayer can take.
During the audit, the IRS representative will ask you many very intrusive and difficult questions in the initial interview. The manner you answer these questions will dictate the outcome of your case. About half of the referrals to the IRS Criminal Investigation Division (CID) come from the agent who conducted the interview during the audit. Having a tax resolution expert to conduct these meetings without your presence is the best course of action.
4. Tax Relief Options.
If you owe between $10,000 and $200,000 or more, the IRS has many flexible programs available to taxpayers. Among them are Offer in Compromise, Partial Installment Agreement, Payment Plans, Penalty Abatement, Currently Not Collectible (CNC). Each program has its own procedures, and requirements for qualifications. Having a tax resolution expert on your side ensures you are taking advantage of the best options available to you.
Would you go to court without a lawyer? If you answer yes, we hope you know the court procedures and the laws applicable to your matter. As the proverb goes” He who is his own lawyer has a fool for a client”. If self-representation does not seem proper to you, it is advised that you hire a tax resolution expert who knows the intricacies of tax representation to negotiate the best outcome to your case.
Hiring a tax resolution expert is the best action a taxpayer could take in a tax matter before the IRS or a state tax authority.
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