Do You Need Tax Help?
The IRS tells us that one in four Americans needs tax help. The actual percentage is probably higher and closer to one third of all Americans needing tax help.
Here are some common problems and the tax help that may be available to you:
Old Returns not filed due to balance owing.--We can get the IRS to accept the last few years, and to forgive the oldest years. Now that's tax help.
IRS filed returns for you--It might be worthwhile to file new returns to replace the ones the IRS filed, or you might be better off leaving it alone. Call us for the right tax help on this one. It's tricky and the wrong decision will cost you money.
Owe IRS but cannot afford to pay anything right now--Based on your individual circumstances, we could get the IRS to agree to leave you alone until your situation improves and you can afford to pay. This is also helpful in developing other strategies to deal with the amount owed.
IRS Payment Plan is too high-- It can probably be lowered or an offer in compromise might be appropriate which locks in the total amount you have to pay and gives you time to pay it.
Ex-Spouse Stuck you with Tax bill--It is possible to get relief via several methods. Call for the right tax help solution. When filing joint tax returns, make sure the tax is paid with the returns, that all income is reported, and only legitimate business and personal deductions are taken. If it doesn't pass these tests, file a separate return.
You will never be able to pay IRS off.--An Offer in Compromise might be the solution for you. This is where, after IRS verification of assets, income, and debts, you pay a fraction of what you owe based on what you can afford according to IRS guidelines. In exchange, you promise to be a good soldier for the next five years. Call us for this tax help. Try it yourself and expect it to be returned to you.
Recently the IRS publicized that Americans underreport their income by an amount that understates taxes due to the IRS of as much as 300 billion dollars. I am sure that number much higher. Experienced hands in this industry will tell you there always seems to be an infinite number of potential clients. Only a very small percentage of Americans with IRS issues will seek help in solving the problem. Most will simply keep on not filing, not paying, and continuously worrying. They are basing their decision on experience with the IRS in the past. However, that is a huge mistake. In the past, the IRS would often miss a lot of unreported income, fail to challenge blatant abuses in deductions, dependents, and earned income credit. The IRS has changed over the past few years into an effective compliance and collection machine. Your reported income can now be compared to others in your immediate neighborhood, to the interest deducted for your mortgage, the approximate value of your vehicles, and other economic and demographic data. These comparisons are even done BEFORE YOU FILE YOUR RETURN. Forget the old IRS. The new one is here and it will never go away. It will only get smarter and meaner. If you haven't filed or haven't paid, you are going to need tax help and fast.