Tax Relief Services Offered By Tax Professionals
When you run into problems with your taxes there are many services offered to help clear up your problem. It is best to talk with a licensed tax professional to find the best solution for your unique tax problem and financial situation. The IRS has many different filings to help people through different problems. Here are some of the options or services commonly offered by various tax professionals.
Understand how tax relief companies work. Understanding how their services work is important before making a decision on hiring a company to help you. Most companies work in the same manner, but it is important to not be pressured into signing up with them and it is important to get all your options before making a decision.
If you would like to settle IRS and/or state taxes a tax relief company can analyze your financial situation and find which tax settlement method would work best for your particular tax situation. There are many different forms of settlements and it is important to get a professional opinion before selecting which one is best for you.
With an offer in compromise, a taxpayer can settle their taxes owed for far less than they owe. For this reason, many offers in compromise are not accepted by the IRS. Using a tax professional to make this filing greatly increases the likelihood of success. Some states do not offer an offer in compromise so check with a tax professional familiar with your specific tax agency.
If you would like to abate tax penalties, and you qualify for first-time penalty abatement or have reasonable cause, you can have a tax pro assist. Tax professionals are trained and experienced in knowing what the taxation authorities (IRS or a state) may require, who qualifies and how it works.
The IRS (and some states) do realize that there are times it would be unfair to hold a spouse liable for taxes owed due to a joint tax filing. Innocent spouse relief is a difficult filing and tax relief professionals can ensure the proper paperwork is filed and follow through with filing to ensure all tax liabilities have been lifted from the “innocent spouse”.
Payment Plan Negotiation and Setup
If you do not qualify for a method to pay less than you owe, a tax professional will find the best method to pay back the taxes you owe under a payment plan authorized by the IRS (or a state tax agency). A tax professional can find what payment method works best for you and work out an affordable payment plan to pay back the taxes owed for federal and or state taxes.
If you cannot pay your taxes owed it is possible to temporarily stop collection actions of the IRS and be declared uncollectible for a period of time until your financial situation improves enough where you can pay the IRS. In order to do this proper paperwork must be filed to prove your poor financial situation with the IRS. Some states offer this option as well.
File Back Taxes Service
If you have outstanding returns that have not been filed for any amount of time, even if you are missing important tax documents, a tax professional can ensure these returns are filed appropriately with the IRS, while ensuring maximum deductions. If you find you owe more taxes than you owe a tax professional can also set you up with a tax settlement.
If the IRS (and sometimes a state tax agency) begin to seize assets from you, either through your bank account, wage garnishment or physical seizure of assets, a tax professional generally can help quickly. A tax professional can find the appropriate tax settlement method and file the proper paperwork to ensure the IRS (or state tax agency) does not seize any assets.
If your wages are being garnished by the IRS a tax professional can quickly stop the wage levy and come up with the best solution for you. A tax professional will analyze your tax, financial, and work situation to determine the best course of action.
If your account has been frozen, our partnered tax professionals can quickly analyze your situation and come up with the best method to resolve your tax problem and prevent the bank account levy. Find out more about how services work by reaching out to a tax professional on TaxCure.
A tax lien will remain in place until you have paid off your taxes or until you have made some other agreement with the IRS (varies by state tax agency). A tax professional will be able to find the best way for you to get back into good standing with the IRS and/or state tax agency to remove or release a tax lien while not creating financial hardship for you.
Did you receive a notice of audit? If you have one of our partnered tax relief firms can represent you in your audit and make sure everything is presented in the correct way. Did you know audits go both ways, a tax professional will review your tax filing to see if there are any other deductions you missed? Tax professionals have many tactics in audits to ensure things go over smoothly.
Finding Professionals That Help With Specific Problems or Solutions
If you are looking to connect with a tax professional for your specific tax problem or you have a particular solution in mind, you can start your search below by selecting the agency/agencies involved and location if that is important to you. You can then filter further to find the exact professional with the experience you need.