When people think about getting help with their tax debt they tend to think of lawyers and huge lawyer fees. Most people with tax problems cannot afford to hire a lawyer, but there are other tax professionals and affordable options.
Anyone can take advantage of the tax laws – in a completely legal way – by hiring a reputable company that specializes in tax relief. Reputable tax relief companies can negotiate on behalf of clients and make sure they do not pay a penny more than is owed.
If you happen to be one of the many Americans who owe back taxes, you need to know your rights and options, and choose what works best for your situation.
So what are the best options to negotiate your tax debt?
Contact the IRS and negotiate a resolution such as a monthly payment plan, financial hardship, or an offer in compromise. You can avoid the added trouble of the IRS sending you a Notice of Federal Tax Lien or an IRS levy if you contact them timely. If you are looking to try and negotiate with the IRS, we strongly recommend getting Tax Professional’s help due to the fact that if procedures are not followed to the letter, the entire act of trying to negotiate can cause you more harm than good. A correct negotiation with the IRS can be the start of a stress-free life (at least in regards to your tax debt), as opposed to having your assets seized.
If you would like help deciding on if negotiation is right for you, please reach out to us today and let us help you in your decision making process!