If the number of employees recently hired by the U.S. IRS is any indication, the government is getting ready to mount a massive tax enforcement and collection program. If you owe back taxes, fines, interest or penalties, it may not be too late to apply for tax relief. But you'd better get started before that door of opportunity slams shut.
While people in need of tax relief have a vision of the IRS as heartless monsters who want to take your home and toss you and your loved ones onto the street, that's really not the case. The IRS is charged with collecting your fair share of taxes. All they really want to do is represent the government's best interests. But in order to do that, they realize that compromise is sometimes the best solution.
Of course, as in any business negotiation, compromise is not going to be the IRS' first offer. More often than not, you're going to be looking at a tax bill that demands full payment. What's worse, that bill may include interest, fines, and penalties that greatly exceed the initial amount of taxes you owed.
Abraham Lincoln said: "A man who represents himself has a fool for a client." That statement has never been truer than when you're looking to negotiate with the IRS for tax relief. There are processes and procedures that need to be followed exactly. Get one of those processes or procedures wrong, miss a deadline, or skip a step, and your dreams of tax relief could vanish before your eyes. That's why it's better to put your tax problems into the hands of a tax professional who knows the process inside and out.
In addition to the process of applying for tax relief, there is the actual negotiation phase to consider. As an individual, you probably don't have a lot of hard-core financial negotiating experience. And, even if you do, it's probably not experience gained from negotiating with the IRS. As a result, you really have no idea how far they are willing to go to reach a compromise with you. You may end up asking for much less than they were willing to give. Again, bringing the words of Mr. Lincoln to mind.
Tax relief is alive and well in the U.S. If you have a tax problem, don't handle it yourself. The risks far outweigh the benefits. Look for a tax relief professional and trust him or her to represent your best interests in front of the IRS.
Tax debt relief help offered in areas such as: Whittier, La Habra, Norwalk, El Monte, Santa Fe Springs, Downey, Pico Rivera, Montebello, Hacienda Heights, La Habra Heights, West Covina, Brea, Fullerton, Yorba Linda, Cerritos, La Mirada, Lakewood, Anaheim, Santa Ana, Long Beach, Compton, Torrance, Los Angeles, Pasadena, Beverly Hills, Santa Monica and throughout Los Angeles County, Orange County, Corona, San Bernardino County, Riverside County, the Inland Empire, the San Fernando Valley and the San Gabriel Valley.