Are you having trouble making your payments to the IRS on time? Or maybe you’ve been newly unemployed because of these unprecedented times during COVID19? Whatever the reason may be, you’ve probably been looking for some answers before you get penalized by the IRS.
There are many reasons why you might be considering a tax relief company outside of the simple fact that the IRS alone can be quite intimidating. Today, we’re going to discuss a few of the big reasons why you would want to consider hiring someone to help you navigate tax debts and payments you may have.
Don’t Have To Do It Alone
When working with a tax relief company, the benefit is that you’re working with people who speak the IRS language. A team of trained professionals who know how to circumnavigate the IRS and its ever-changing rules, regulations, and laws. They’re able to take any notice you may have received for a tax debt and give you the proper tax help and guidance that you need.
An IRS Tax Relief Company Can Save You Money
Who doesn’t love those words when it comes to all things involving the IRS and taxes? If you owe money to the IRS, it’s often chock-full of additional penalties and interest. Depending on your situation, your tax burden may even be compounded and combined with more than one tax period.
Working closely with a tax relief company can help alleviate your tax problems because they are able to evaluate your tax situation, and may even be able to have some of the penalties removed from your total balance owed. This also includes any interest that has been accruing on your account.
Keep Your Home
Sometimes in the most extreme cases of tax debt, the IRS will seize your home or other property that you own. In most cases, this is a last resort for the IRS, but it does happen. So, it’s important to discuss why a tax relief company can help you prevent this.
A tax relief company can work directly with the IRS on your behalf in these extreme cases and negotiate payment options that will save your property from seizure.
Prevent Wage Garnishment
This is a big one that the IRS loves to do regularly: garnish your wages. You’ve worked hard for your money, a tax relief company can work with the IRS so you can keep it. The IRS is willing to negotiate with taxpayers in regards to their tax debts as more often than not, they would rather get something than nothing at all.
Avoid IRS audits. A knowledgeable and experienced tax relief company can work closely with you to make sure everything you need to provide is covered and included.
Ideal Tax Solution can help you with all of your tax relief needs from audits to negotiating lower payments on your tax debts. Our years of experience negotiating with the IRS will help you save and get you through any dealings with them. Call us today and find out how we can help you with your tax relief needs!
We provide professional guidance to people whose lives have been affected by tax problems. To evaluate your specific tax issue and determine if you qualify for tax relief, please contact us for a free consultation.
The content of this post is not intended to replace the advice of a licensed tax professional. Consult a qualified tax professional for questions specific to your individual circumstances.