An IRS tax problem can do more than keep you up at night with worry. Unresolved tax problems can lead to liens on your home, levies on your bank account and garnishments being taken from your pay.
The worst thing that you can do is to ignore a tax problem like unfiled tax returns or unpaid back taxes. As time passes, interest and penalties only accumulate, making that tax debt harder and harder to pay. The IRS isn’t just going to forget about the money that you owe them. You need to take action to have the matter resolved.
The IRS is willing to work with people to provide tax debt relief. There are programs that are available to help people settle money owed, but the requirements are complex and can be difficult to understand.
Fortunately, there is IRS help available. A registered enrolled agent who is an expert on tax negotiation and resolution can be a trusted IRS tax problem solver. Here are some of the ways that a professional IRS licensed representative can help:
- By dealing with the IRS for you.
When you have professional tax representation, you won’t have to respond to notices and letters or try to negotiate with IRS agents. A registered agent can act on your behalf, so you don’t have to worry.
- By finding the best tax debt relief program for you.
A knowledgeable registered agent understands all of the details of the current tax law. By analyzing your situation, the tax relief professional can determine which program will allow you to settle your debt as quickly and as cheaply as possible.
- By helping to stop collections tactics.
A registered agent can get the IRS to release tax levies and liens and to stop wage garnishments fast. Once the IRS knows that you’re working with a professional to get unfiled tax return or back tax help, they’ll be more willing to work with you. Plus, the IRS will often stop adding penalties and interest once they are contacted by a professional.
- By saving you money.
It’s often possible to reach a tax debt settlement that will cost you much less than the amount you owe. Through penalty abatement, penalties and interest that have accumulated can be reduced. Whether you end up with a payment plan or settling with a lump sum, your representative will work hard to get you a settlement that you can afford.
- By explaining everything in plain English.
A tax expert will make sure that you understand everything, breaking down complicated tax jargon into simple terms. You’ll fully understand how the IRS problem resolution process works and know what you’ll need to pay, when and how.
Mike Habib, EA, is an IRS registered enrolled agent who has helped hundreds of people like you with tax negotiation and resolution. If you have a tax problem, Mike can help get the matter settled, so you’ll no longer have the weight of tax debt on your shoulders. To learn more about how Mike can help, call 1-877-78-TAXES or 1-877-788-2937 now.