Item: Mike Habib, EA
Rating: 5
Author: April S.

Tax Relief in Minneapolis, MN: Five Common Tax Relief Myths That can get You out of IRS Trouble

Metro Area- Minneapolis-St. Paul-Bloomington, MN-WI MSA

There are many myths surrounding the matter of tax relief and Minneapolis, St. Paul and Bloomington are no different. You will find many myths about tax relief and the IRS.

IRS Myth #1 - Once the IRS creates a substitute for return for an unfiled tax return, you're gone

Wrong. You can file your original return late. It doesn't matter how late you are filing your tax returns. If the IRS gets a substitute return for you, still you can get tax relief. Many clients who hire us as their tax resolution provider usually have 4-11 years unfiled returns. You just need a very good tax relief expert to represent you before the IRS to achieve the best tax relief you could get.

IRS Myth #2 - Filing a tax extension protects you from aggressive IRS scrutiny

This is a very surprising myth about IRS tax relief. Tax extension is simply an extension of time to file and not extension of time to pay your taxes. Even if you have back taxes but you should file your tax returns for the present time so as to avoid possible penalties. It will save 25% on your IRS back taxes, failure to file penalty.

IRS Myth #3 - You have to pay your IRS tax bill in full

This is another myth that causes lots of loss to the average taxpayer. You do not have to pay your IRS tax bill in full. The IRS will help you with payment options for taxpayers who can't pay the tax bill in full. With the help of IRS licensed enrolled agent, CPA or tax attorney you can set up an IRS payment installment plan but it is the most expensive way to do so. Reducing your back taxes and penalty debt can be better tax relief.

IRS Myth #4 - You're broke and out of work so you can't pay the IRS

This is one of the costliest IRS myths. It hits taxpayers who are in dire need of tax relief. Even though you are out of work and do not have enough money to pay the IRS tax, yet you should pay it. The IRS has the power to get their dues before other creditors. It can also garnish wages, levy bank accounts and take other action accordingly.

IRS Myth #5 - You need lots of money before you should hire an income tax attorney, enrolled agent or tax resolution expert

This is another of the greatest IRS myths. This myth is very dangerous because it can cost you lots of money and may lead you to prison. You need professional tax resolution service provider so as to face the IRS. As you are no expert in tax related issues, so you need an expert helping hand. In case of tax relief, it is better that a tax expert represent you before the IRS.

Get expert tax help today by calling Mike Habib, EA at 877-788-2937

Tax problem resolution, IRS tax help and tax relief services in Minneapolis, St. Paul, Bloomington, Brooklyn Park, Plymouth, Eagan, Burnsville, Eden Prairie, Maple Grove, Coon Rapids, Minnesota State

★★★★★

Mike has given us peace of mind! He helped negotiate down a large balance and get us on a payment plan that we can afford with no worries! The stress of dealing with the IRS is huge and Mike helped us through it all. The peace of mind is invaluable, thank you Mike! April S.

Mike Habib - Thank you for being so professional and honest and taking care of my brothers IRS situation. We are so relieved it is over and the offer in compromise process went just as you said. Mike is very professional and will give you honest answers to the OIC process and you can really trust him. You won't be sorry you chose him! Joe and Deborah V.

Mike is a true professional. He really came thru for me and my business. Dealing with the IRS is very scary. I'm a small business person who works hard and Mike helped me see that they are not that scary after all. He was always there with the answers I needed and was very good about calling me back which I appreciated since your first reaction is to freak out and ask a million questions. He solved a messy case and worked very hard to resolve it. His rates are VERY reasonable for the amount of work he does! I give him my highest recommendation! Marcie R.

Mike was incredibly responsive to my IRS issues. Once I decided to go with him (after interviewing numerous other tax professionals), he got on the phone with the IRS immediately (as in the same day I signed with him) to squash an impending issue. And he worked directly with them to quickly come to a resolution I am very happy with. I'd highly recommend reaching out to Mike to see if he can help you with any IRS issues. I'm very satisfied! Marshall W.

I’ve seen and heard plenty of commercials on TV and radio for businesses offering tax help. I did my research on many of them only to discover numerous complaints and unresolved tax issues. I found Mike Habib through my own online search and contacted him. He was very professional with great communication, always answering my questions and concerns. Mike resolved my complicated tax problem just as he said he would. I would definitely recommend his services to family and friends. Nancy & Sal V.

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