When it comes to dealing with the IRS and back tax help, it can be quite stressful situation and leave you feeling hopeless. In order to deal with the IRS properly, it’s important to seek professional guidance. This allows you to learn how you can successfully resolve the issue and clear your name. The last thing you want to happen is for the IRS to have access and control over your assets. By seeking guidance from a professional, you will have more ability to be in control of the situation and also save yourself stress.
Let a Professional Do the Talking
Though you may have many legitimate reasons as to why you have not been able to pay back your taxes, it is likely that the IRS will not listen. Having a professional alongside you is going to allow you to let them do all of the talking. A professional that is there to provide back tax help will speak with the IRS and work out a settlement to help fit your situation.
Avoid the Fees
The IRS is going to attempt to continue applying fees, which will only make matters worse. If you find a good professional, they will be capable of arranging an agreement that will help fit your needs rather than the needs of the IRS. They understand that things come up in life, and many times it is hard to afford handing out money that you don’t have. Let a professional work out a plan with the IRS; that way they don’t take advantage of you.
Find the Right Professional
When choosing a professional that provides back tax help, it is important to choose one that is both well-known and knowledgeable. Do some research into different professionals and find one that has a good reputation. To get the very most from a professional, you need to be confident that they are more than capable of meeting your needs.
You realized you or your tax preparer made a mistake in filing a prior year return. Perhaps you missed an important deduction such as a tax credit that would result in a refund or a reduction in a tax liability. Maybe that miss was a change in filing status or an adjustment to your income due to an uncalculated loss. With so many potential credits and deductions, you need an expert with the resources to determine your candidacy. By law, a federal tax return can be amended within 3 years from the date of the original return, or within 2 years from the date a tax was paid, whichever is later. At Professional Tax Resolution we review your prior returns to identify additional deductions and adjustments.
A professional that is there to provide back tax help will speak with the IRS and work out a settlement to help fit your situation. When choosing a professional that provides back tax help, it is important to choose one that is both well-known and knowledgeable.