When you're trying to tackle a tax issue with the IRS , you're going to need the best and most reliable debt relief help that you can find. There are all sorts of strategies you can implement for handling tax debt and the idea is to implement the one that will best work to your advantage.
As a general rule, you don't really need professional debt relief help if you only owe the IRS less than $5,000 in taxes. If you can very well afford to pay for the discrepancy, by all means, coordinate with the Internal Revenue Service so you can arrange a proper payment plan. The IRS is bound by law to approve monthly installment payments for taxes not more than $10,000.
But a lot of taxpayers are usually incurring tax debt because they are financially incapable of paying for them. This is where reliable debt relief help comes in. With an experienced enrolled agent or a tax professional, you can negotiate with the IRS for a more favorable payment setup according to your financial situation. Going to an enrolled agent or a tax accountant is also best for those who owe the government $10,000 or more in taxes.
Your debt relief options
Debt relief help implements a variety of strategies geared at helping individuals and businesses overcome their IRS troubles. Your tax professional has to be either a certified public accountant, a tax attorney or an enrolled agent. These are the only professionals who can provide you with debt relief help because they are the only ones allowed to coordinate and work with the Internal Revenue Service. It's important to note, however, that CPAs and lawyers are licensed by their respective sates. On the other hand, an enrolled agent can offer his services in practically any state as enrolled agents are federally licensed by the United State treasury.
Consult with a tax professional
It goes without saying that working with a tax professional will still cost you a significant amount. It may not be as big as the debts that have driven you to get their help but it will be significant enough that it is important for you to be more mindful of the professional costs. A good enrolled agent will focus on getting you debt relief help according to your specific financial situation. To keep the costs of services low, you want to make sure that your tax representative will focus on strategies and how to negotiate your case with the IRS instead of spending time on paperwork and filing documents.
Remember that enrolled agents and tax professionals tend to charge by the hour so you want to make the most of their services for debt relief help. For this, ask your tax representative about the paperwork and the forms that need to be filed. You will need representation when you deal with the Internal Revenue Service, reliable tax representation is priceless.
Make sure to furnish your tax representative with all the information he needs to effectively represent you and negotiate your case. You have to be upfront with your financial situation, your tax documents and other information that can help him settle with the IRS .
Mike Habib, EA is an experienced and reliable tax professional who has taken on a variety of tax-related cases. He will personally represent your case and negotiate the best debt relief help suited for your situation. Contact him at 1-877-788-2937 or through this website for a free consultation.