Sometimes taxpayers with IRS tax problems decide to face the IRS on their own. Other times they hire professionals like CPAs and attorneys. However, the best thing to do when faced with an IRS problem is to hire an expert in tax resolution so you can get the best results possible.
Four Reasons Why Hiring a Tax Resolution Specialist
Is the Smart Thing to Do
You have rights as a taxpayer you probably don’t even know exist.
One of those rights is the right to representation. If an IRS officer or revenue agent calls or “visits” you, you’re under no obligation to answer any of their (very intrusive and condescending) questions. Politely respond by asking for their contact information. Tell them you’re in the process of hiring a professional to represent you, and that person will contact them directly. A CPA who deals with IRS problems for a living knows the ins and outs of how to deal with the IRS so that your rights are fully protected. A tax resolution specialist also knows how to get you the lowest possible settlement. Generally, my clients never need to meet or speak with the IRS.
If you owe between $10,000 and $200,000, you have many payment options.
Having an experienced tax pro by your side will help you navigate the complexities. In fact, the IRS has many new flexible payment programs available to taxpayers such as Offer in Compromise, Partial Pay Installment Agreements, Payment Plans, Penalty Reduction, and Currently Not Collectible Status, to name a few. Each carries with it its own unique process, procedures and qualifications. With the right tax expert in your corner, we can ensure you’re taking advantage of the best options available to you.
Having unfiled returns qualifies you for professional assistance.
On average, our clients have more than three years of unfiled returns. It’s not only tough to reverse the course alone, but you could find yourself in a sinking ship. Not filing legally-required tax returns when due is considered a federal misdemeanor, which carries with it a $10,000 fine and potential jail time. Generally, the IRS won’t throw a taxpayer in jail unless they’re deemed to owe a lot of money and are uncooperative about getting the returns filed. Hiring a professional to represent you is the smartest move you can make here to get back on the right track.
Having a lawyer represent you in court is no different than having a certified expert negotiate on your behalf with the IRS.
And it’s a decision that could help you avoid criminal charges. If you are being audited or about to be - the IRS will ask you about 50 very intrusive questions in the initial interview with them. How you answer these questions will dictate the fate of your case. Having a tax resolution specialist conduct these meetings, without you is the best course of action I can recommend. Half of the referrals to the IRS’s criminal investigation division (CID) come from that individual conducting that audit, and it’s in your best interest to have a professional representing you if the time comes.
The choice is yours—and now is the time to make the right one. For more information about our tax resolution services and to schedule a consultation, click here.