The Internal Revenue Service – commonly referred to as the IRS – is the principal revenue service of the United States government. It’s the organization that is responsible for the collection of taxes, and if you’re not able to pay what you owe, you could find yourself in a serious situation. At Tax Preparation Services Newport Beach CA, we offer IRS negotiation services, and this might be just what you need to get a favorable outcome from your interactions with this notorious organization. One way or another, the IRS will do what it takes to get the money that you owe them, but with a smart negotiator on your side, you’ll be able to secure much more reasonable terms, and in some cases, it’s possible to even get a reduced settlement. Further details regarding this service are available below, or through our customer service team.
One of the ways in which the IRS resolves unpaid tax situations is through payment plans. These are not the most desirable option for the IRS, because it’s not uncommon for people to default on this kind of owed debt – despite the fact that this is devastating for their future credit. Nevertheless, in the past, we’ve managed to negotiate payment plans for owed money with very reasonable terms. This allows you to work yourself out of the situation you’re stuck in whilst avoiding major penalties.
Offers in Compromise
The other common way to resolve unpaid tax is through an offer in compromise. In simple terms, this is where the IRS takes a payment below the amount that you owe them, but it’s the most that they can reasonably expect to collect from you at the time. It should go without saying that the IRS will do everything they can to extract as much money from as you as possible – so negotiations on your own could prove to be highly challenging. We can work out a deal on your behalf, ensuring that you have the optimal offer on the table.
When you find yourself in a mess with the IRS, it can feel like the sky is falling. This isn’t the kind of organization that is often willing to bend, and if you have no experience in negotiating a situation like this, it can feel like you’re repeatedly running head first into a brick wall. We have the best tax service professionals on hand to help our case, and we’re adamant that we’ll be able to reach a more favorable outcome than any private citizen could manage.
Generally speaking, issues with the IRS are avoidable if you’re smart about tax planning and preparation. Making sure that you know what you ought to be paying, that you have enough money to make the payments, and ensuring that you are taking advantage of every deduction and credit – these are all musts. Our tax preparation service can help you with these matters, and in doing so, help you to avoid having to negotiate with the IRS altogether.