Are you or someone you know experiencing trouble with the IRS? Don’t deal with the IRS before you read this.
If you or someone you know is facing IRS problems, you can find out the ways to resolve your situation with these 7 Proven Strategies that the IRS doesn’t want you to know about.
Number 1. You don’t have to live in fear of the IRS. Instead of feeling powerless when up against the IRS, knowing your rights as a taxpayer or having a qualified and experienced tax professional on your side is the best way to understand all the options available to you for permanently solving your tax troubles. Our clients have years of unfiled tax returns and owe a lot of taxes. Our goal is to negotiate the lowest possible payment to the IRS allowed by law, so give us a call for your IRS problems.
We have saved tons of people from financial crises and helped them turn their lives around. Now they can sleep at night and plan their future for a home and retirement for themselves and a future for their kids.
Number 2. Do not talk to the IRS agent. 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 IRS problems themselves or hire the person who prepared the tax return to handle it for them. This usually does not work out because most tax return preparers do not handle IRS problems on a daily basis. The IRS can easily intimidate them, which usually results in an unfavorable outcome.
Number 3. One strategy is to find ways to remove the IRS assessed penalties. There are over 148 different penalties that the IRS can hit you with, but you can reduce the amount of these penalties to zero if you have a clean record for the past three years or reasonable cause. Almost anything can be a reasonable cause as long as it is actually reasonable. Some of the cases the IRS has reduced penalties were due to medical reasons, bad accountants, ignorance of tax laws, ex-spouses, fires, and so on.
Number 4. Our next strategy is to file all your tax returns on time and avoid late filing penalty. Many people don’t realize that the IRS charges a penalty of up to 25% just for filing your tax return late. It’s even worse for payroll tax returns. By filing, you’re avoiding the 25% penalty even if you don’t send in the money that is owed on the return. We see so many people who could have saved thousands of dollars on penalties if they just knew this one thing. Yes, you’ll still get a letter saying you didn’t send in the money but at least you don’t owe any late filing penalty.
Number 5. You can beat the odds with professional help. The IRS, in terms of tax audits, usually wins 80% of the time when a taxpayer is not represented by a qualified practitioner. Now think about it this way. Would you go to court without a lawyer? Then why would you go to the IRS without competent representation?
Number 6. IRS tax problems can be resolved swiftly. The best way to end an IRS tax problem with a great outcome is to end it at the first meeting. When we meet with the IRS, we think of various scenarios we expect the IRS to raise and address them properly with well-prepared documents. Then we get to the bottom line fast, so we can get the IRS problem off your life.
Number 7. The IRS cuts deals. The IRS cuts deals with taxpayers, including penalties and interest. If you meet the requirements, the results are INCREDIBLE. You could end up paying less than the full amount owed. However, the requirements are rigid, and you must be able to prove that you’re eligible for these programs with well-prepared documents.
Having IRS troubles is a very serious and scary situation to find yourself in. It is important to not only know the solutions available to you, but to also have a certified tax professional on your side. Our professionals at Ace Plus Tax Resolution will give you the representation you need with the IRS. Call us at (213) 600-7388 for any IRS tax problems. We provide a free consultation if you owe more than $15,000. Thank you for watching, we’ll see you in the next video.