Sometimes taxpayer's with IRS tax problems decide to face the IRS on their own. Sometimes they hire a professional like a CPA, Attorney or Enrolled Agent (EA), but not someone who specializes in tax resolution. The best thing to do when faced with an IRS Problem is to hire an expert in tax resolution so you can get the best result possible.
Four Reasons why hiring a tax resolution professional is the smart thing to do if you OWE money to the IRS.
- Contrary to popular belief, you DO have rights as a taxpayer you probably didn't know exists. One of those rights is the right to representation. If an IRS Revenue Officer or Revenue Agent calls or "visits" you, did you know you are under no obligation to answer any of their (very intrusive and condescending) questions? You politely respond by asking for their contact information and inform them you are in the process of hiring a professional to represent you and that this person will contact them directly.I deal with IRS problems for a living and know the "ins" and "outs" on how to deal with the IRS so that your rights are protected and you get the lowest possible settlement.
- If you owe between $10,000 and $200,000 plus, the IRS has many NEW flexible programs available to taxpayers such as Offer-In-Compromise, Partial Pay Installment Agreements, Payment Plans, Penalty Reduction, and Currently Not Collectible Status to name a few. So having an experienced tax professional in your corner ensures you are taking advantage of the best options available to you.
- Having unfiled returns (on average our clients have 4 years of unfiled returns) qualifies for getting professional help. Not filing legally required tax returns when due is considered a federal misdemeanor which carries with it a $10,000 fine and potential jail time. Hiring a professional to represent you is the smartest move you can make here!
- If you are being audited or about to be - The IRS will ask you about 50 very intrusive questions in the initial interview with them. How you answer these questions will dictate the fate of your case. Having a tax resolution specialist conduct these meetings, WITHOUT you is the best course of action I can recommend. Half of the referrals to the IRS's Criminal Investigation Division (CID) come from that nice guy or gal your sitting across the table from at the audit.
One last thing.......ask yourself this question. Would you go to court without an attorney? If you answered "yes" hopefully you know the law inside and out concerning your case. If representing yourself doesn't seem like a good idea it's best to hire somebody who is well versed in the subject matter. Well it's the same thing with the IRS. Having someone who knows how to negotiate and deal with the IRS may be the best money you've ever spent!
If you or someone you know has an IRS issue, feel free to contact me at finmansvc@gmail.com or toll free at 800-485-0123
Comments(1)