IRS tax problems could be extremely complicated. Many taxpayers often do not know where to turn for help or how to attempt to resolve the problem themselves. IRS tax debt affects many aspects of our life. Some taxpayers just live with the problem for months and sometimes years, assuming that nothing can be done about it or the debt will just disappear. In general, the IRS will not let the 10 years statute of limitation for collection to expire.
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 methods. At this time, tax collection enforcement is on the rise due to the recent funding allocated to IRS tax collections.
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 her or him that you are in the process of hiring a tax professional to represent you and this person will directly contact her or him. An enrolled agent (EA), a CPA, a tax attorney who interacts daily with the IRS knows the procedures and how to stand before the IRS to protect taxpayers’ right. Generally, taxpayers with proper representation never meet or speak with the Internal Revenue Service. A tax resolution specialist also knows how to get you the lowest possible settlement.
Be advised that a tax preparer and an accountant cannot legally represent taxpayers before the Internal Revenue Service. Only enrolled agent (EAs), CPAs and tax attorneys are qualified to represent taxpayers with a valid Power of Attorney, as required under Circular 230. Some CPAs do not do tax representation.
2. Audit
During the audit, the IRS representative will ask the taxpayer many very intrusive and difficult questions in the initial interview. The manner these questions are answered will dictate the outcome of the case. According to statistics, around half of the cases referred to the IRS Criminal Investigation Division (CID) come from the agents who conducted the interview. Having a tax resolution expert to attend these meetings without the presence of the taxpayer is the best decision.
3. Unfiled Tax Returns.
Taxpayers who have unfiled tax returns need representation. A tax resolution specialist would help you to determine the returns to file and assist in the reconstruction of documents needed to file the returns. A tax resolution specialist could request the taxpayer’s account record from the IRS to investigate what tax documents that the IRS has on their record for the taxpayer. Not legally filing tax returns when they are due is considered a federal offense which carries fines 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 approach a taxpayer could take.
4. Tax Relief Options.
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 to qualify. 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 representing you?
If you answer yes, it is assumed that you know the court procedures and the laws applicable to your case. As the proverb goes” He who is his own lawyer has a fool for a client”. Because self-representation does not seem proper, it is strongly advised that you hire a tax resolution expert who knows the intricacies of tax representation to negotiate the best outcome to your case. Taxpayers should avoid any communication with the IRS when they are duly represented by a qualified tax resolution professional who was given a power of attorney (Form 2848).
Hiring a tax resolution expert is the best action a taxpayer could take in a tax matter before the IRS or a state Department of Revenue.
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