When to Ask for Tax Settlement Help
The harsh reality is that when you owe tax debt to the IRS, the IRS simply doesn’t give up. The first thing that happens when you owe back taxes is that your debt is continually increased by heavy penalties and constantly accruing interest. Next, a lien can be put on your property, making it impossible for you to get any income from your assets. Garnishment of your wages is the next step, and then seizure of your bank accounts and any property of value that you might own. What can begin as a relatively easily solvable situation can become a financial and personal nightmare fairly quickly.
Tax Debt Relief With Fair Debt Settlement Professionals
Fortunately, there are ways to get relief from your tax debt, though none of them are easy. Tax resolutions services offer expert advice on how to negotiate a settlement with the IRS. You must be cautious, however, since there are many unscrupulous companies that may take advantage of your situation.
Here are a few characteristics of fair tax debt settlement services.
- Honest and fair tax resolution services won’t make easy promises.
No one can guarantee an end to your tax problems until a thorough investigation of your situation has been carried out. Anyone who guarantees you any particular resolution, particularly ones in which you will only have to pay pennies on the dollar, is not to be trusted. The truth is that tax professionals can use their expertise to maximize your chances of favorable outcome, but none can make decisions on behalf of the IRS.
- Fair tax debt professionals won’t keep you in the dark.
Reliable tax experts will take the time to walk you through the possibilities, and to explain your options to you. You’ll be apprised of your case’s progress and necessary steps through every step of the tax resolution process. Any company that can’t or won’t explain their methods to you should be seen as a red flag.
- Tax debt professionals should consider a full range of options.
Tax debt must be handled on a case-by-case basis, instead of merely defaulting all cases to the most attractive (and possibly least achievable) solution.
Tax debt professionals should
let you know what options you may be qualified for, and then help you present your case in the best possible light.
- Tax resolution professionals should have intricate knowledge of tax code and be authorized to deal with the IRS.
The tax code is a nightmare of red tape and endless rules and regulations. Currently running about 9,000 pages, it presents an almost insurmountable problem for the average taxpayer. Any debt resolution service will need experienced tax experts in order to make sense of all that.
Take Advantage of Expert Tax Debt Resolution Services
There is hope that you can discharge your tax burden, if you can avoid squandering time and money on sales pitches that are simply too good to be true. At CTR Tax Relief, we have a staff of expert, experienced tax attorneys and CPAs who can help you get out from under your tax burden. We will charge you individually for the services you actually use, instead of imposing a hefty flat fee. We don’t make promises we can’t keep, and will give you an honest assessment of your options.