Tax Relief Blog
Taxes are fees or charges imposed by the federal and state agencies on its citizens and businesses based upon transactions (income, sale or transfers) or property value to finance government activities. It is the duty of a citizens and businesses to pay and file taxes and because various tax laws and codes can be difficult to understand, people often look out for tax help when the tax time rolls around. When faced with huge fines and fees on taxes owed, you really should seek tax help and appeal to the IRS, FTB, EDD, CDTFA, BOE with resolution solutions right for you. Owing back taxes is stressful and can negatively affect every aspect of your life. The crux of the matter is not knowing what may or will happen to you once the IRS has total control over the situation and your assets. As intimidating and scary as the IRS may seem, you do have rights as a taxpayer to seek help and representation and you should not let your rights be trampled or violated. By obtaining tax help from a reputable professional, EA, attorney, or CPA for your back taxes, audits, and appeal, you can be assured you won’t be taken advantage of.
Get a free case evaluation at 877-788-2937.
The IRS, FTB, EDD, CDTFA, BOE does not care that you could not pay and will enforce the payment of your tax debt with tax liens and then tax levies. The IRS, FTB, EDD, CDTFA, BOE can levy your wages (take money out of your paycheck), levy your bank account (seize your bank account), and seize your home. It is important to understand that you should not underestimate the IRS, FTB, EDD, CDTFA, BOE especially if you have not paid for years. There may be good reasons why you haven’t paid back your taxes, but explaining it to the tax agency is not as easy as you think. A good professional, EA, attorney, or CPA can file, settle, and resolve your IRS problems, audits, levies, and liens. The IRS will use their dominance over you to make the best possible outcome for them, not you so it is best to have a professional on your side.
Getting tax help is easy and our tax professionals will make your situation better than you thought it could be. Not only will you could to settle your back taxes for less, you may be able to get rid of all those fees and fines that have been assessed and avoid any future ones in the future. You can almost guarantee, however, that you will not get the best outcome with the IRS, FTB, EDD, CDTFA, BOE if you go alone.
First, when seeking tax help from a tax expert (tax attorney, enrolled agent, CPA), make sure they are knowledgeable, and provide services to help you file, settle, audits, appeals, levies, liens and resolve your IRS, FTB, EDD, CDTFA, BOE back taxes. Some companies may provide some of these services, but it is best to work with one that does them all in order to streamline the process.
Second, a tax professional will usually bring you a better outcome or settlement then if you went it alone.
Third, communication with the IRS, FTB, EDD, CDTFA, BOE is much easier through a professional because they do this for a living. Getting proper tax help can be the best thing for you in case of audits, levies, liens and appeal.
For tax help with your tax problem, some taxpayers qualify for an offer in compromise or OIC. This is when the IRS, FTB, EDD, CDTFA, BOE and the taxpayer reach an agreement that settles all of the tax liability issues that are present at a specific time for a specific period and the tax agency accepts a partial payment and dismisses the balance of what is owed.
Get a free case evaluation at 877-788-2937.
There are three different types of OIC’s that a taxpayer would have to fall into to qualify for this type of agreement.
The first is classified as to the doubt that the tax is actually collectible. This is when the amount of tax is known and verified by both the taxpayer and the IRS, but the monthly income of the taxpayer prohibits them from paying the full amount of the tax owed. To qualify for this, you must not own any property and be barely making enough money to live on.
The second is that there is some doubt whether the taxpayer is liable for the tax that is owed. This can be done three ways. The tax examiner interpreted the law wrong. The second way was if the tax examiner refused to look at the evidence that was presented to them. The third way is if the taxpayer has new evidence to present showing they are not liable for the tax that has been assessed.
The last is the effective tax administration. This is when paying the undisputed amount of taxes would bring economic hardship to the taxpayer. These are allowed when long-term illness and sickness occurs in the family and the money that does exist is needed for the survival of the family.
An OIC is just one of many ways the IRS tax help can resolve your tax problems. Get professional tax help by an EA, attorney or CPA and let the knowledge of the professionals be your guide through the red tape.
Consulting tax professionals or using tax software are two other tax help options. If you are planning to consult a tax professional, then it is better to consult one who is experienced in tax representation not only preparation. Approaching trained tax professionals or firms is the easiest way to get tax help. Tax representation professionals, EA, attorneys and CPAs are well aware of the rules and regulations of IRS, FTB, EDD, CDTFA, BOE and they can easily represent you in audits and collection matters.
Get a free case evaluation at 877-788-2937.
