IRS tax problems could be extremely complicated. Many taxpayers attempt to resolve the problem themselves. In many instances, they make it worse because they do not know the procedures to resolve it. 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. IRS tax debt affects many aspects of our life. In general, the IRS will not let the statute of limitation (10 years) for collection to expire.
A tax resolution specialist can provide the peace of mind you and your family deserve. By working with a specialist, you can stop worrying or panicking, as you will no longer need to meet or speak with the IRS directly. A specialist can protect your income and assets from aggressive IRS enforcement methods.
Four Primary Reasons to Hire a Tax Resolution Specialist:
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.
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 resolve your case.
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”. 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 because self-representation could be detrimental, as shown in many instances.
Taxpayers should note that, even though, attorneys and CPAs can legally represent taxpayers before the IRS with a valid power of attorney (POA), NOT all CPAs and attorneys can provide tax representation. Some attorneys who are not tax attorneys do not know the tax laws, and the intricacies and procedures in tax representation. Our past client, Tamy, was shocked and joyful to learn that our office was able to remove about $9,000 of penalty from her tax due within 3 days of retaining our service. She tried for over one year, with the help of her late CPA, to get in contact with the IRS to set up an installment agreement. She showed us the documents they sent to the IRS and they never received an answer. She claimed that her CPA never told her that she might be qualified for a waiver of the penalty.
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). Any inquiries or correspondence from the IRS should be forwarded to the representative.
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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