How Does The IRS Expect Me To Afford My Household Expenses AND Pay The Tax Debt?
TAX RELIEF SECRET #1: DON’T PAY IRS PENALTIES!
Penalties can be such a high percentage of the total amount owed to the IRS, and it usually makes sense to consider requesting the IRS to reduce all penalties to ZERO.
IRS penalties can often be reduced to ZERO if you have REASONABLE CAUSE.
TAX RELIEF SECRET #2: FILE ALL LEGALLY REQUIRED TAX RETURNS ON TIME!
What most people don’t know is that you can file ANY tax return on time and AVOID THE 25% filing penalty even if you don’t send in the money that is owed on the return.
TAX RELIEF SECRET #3: YOU DON’T HAVE TO LIVE IN FEAR OF THE IRS!
Knowing your taxpayer rights gives you leverage when resolving your IRS problems. Instead of feeling powerless when up against potentially crushing back taxes and IRS penalties, knowing your rights as a taxpayer or having a qualified and experienced CPA on your side is the best way to understand all the options available to you for permanently solving your tax troubles.
TAX RELIEF SECRET #4: YOU DON’T HAVE TO TALK TO THE IRS AUDITOR!
As a matter of fact, going or talking to the auditor yourself is the worst thing you can do. The taxpayer Bill of Rights allows you to be represented by a qualified practitioner who can answer questions for you and provide documentation to the IRS. Many taxpayers attempt to handle their own audit or hire the person who prepared the tax return to handle it for them. The reason this usually does not work out is because most tax return preparers do not handle IRS audits on a daily basis.
TAX RELIEF SECRET #5: YOU CAN BEAT THE ODDS WHEN FACING AN IRS AUDIT!
When it comes to tax audits, the IRS wins 80% of the time when you are not represented by a qualified CPA. Taxpayers are deemed guilty till proven innocent, which means the IRS can start an audit by disallowing every deduction you made on a return until each one is proven to be legitimate. Would you go to court without a lawyer? Then why would you go before the IRS without expert representation?
TAX RELIEF SECRET #6: IRS AUDITS CAN BE RESOLVED SWIFTLY!
The best way to end an IRS AUDIT with a great outcome is to end it at the first meeting. Whenever our firm represents clients in IRS audits, we actually perform a trial audit in our office before we ever meet with the IRS. This allows us to know which areas need more documentation or answers. When we meet with the IRS (without our client), we can quickly answer the auditor’s questions, provide documents and get to the bottom line. We always meet the IRS at their office or at ours, but NEVER at the client’s home.
TAX RELIEF SECRET #7: THE IRS CUTS DEALS!
The IRS does make deals on taxes owed, including all penalties and interest. The requirements are rigid, but if you qualify the results are incredible. Get a tax debt reduction up to 85%, including penalties and interest on the original amount owed, if you qualify.The IRS cuts these deals to get you back in the system as a current taxpayer and to collect a few bucks on the old taxes. The fine print in these deals requires you to file your tax returns and pay on time for the next 5 years. If you don’t, then the IRS revokes the deal and bills you for the original amount.