How to Eliminate IRS Back Taxes in Albuquerque, NM

Metro Area: Albuquerque NM MSA

Piling up of IRS back taxes can result in wage garnishments, tax liens, tax levies and seizure of your property. If you live in Albuquerque, you can get rid of this mess by calling 877-788-2937 to resolve your tax problems and get tax relief today.

There are many different settlement programs available to resolve your tax matters; each one of them is suitable for a different situation faced by the taxpayer. If you are not certain what program is best for you, do not worry, you can contact Mike Habib, EA who is an experienced tax professional, he provides a free initial consultation. The consultation may take ten to thirty minutes depending on the nature of your problem. Once it’s done you will have a crystal clear idea, what to do.

Those who cannot pay their back taxes in full may opt for an installment agreement as available by the IRS. This may sound an easy approach but you may have to pay more because of the penalties and interest.

If you cannot pay your taxes in full and an installment agreement is also not a viable option, you can take advantage of the Offer to Compromise (OIC) program. If your OIC is accepted, you will have to pay a reduced amount of your total tax debt. But you need to qualify for the OIC based on the following reasons.

  • Doubt as to Liability - Doubt exists whether the assessed tax is correct
  • Doubt as to Collectability - Doubt exists that the taxpayer could ever pay the full amount of tax owed.
  • Effective Tax Administration – None of the above two doubts exists but there is enough proof that collection of debt can create immense financial problems for the taxpayer.

Form 656 is available on the IRS website, which can be submitted for an OIC request. It might sound an easy job and you may think to do it yourself, but more than 75% of OIC requests are refused by IRS. OIC is a very complex process which involves immense paperwork and negotiations. Only one mistake while filling the Form 656 can allow IRS to declare your offer un-processable. It’s always good to get aid from tax professionals because they know what works and what doesn’t.

You might think that you will have to pay an extra fee for the tax professional but it will surely give you its worth. The tax professional will not only represent you before IRS but also carry out all the necessary paperwork and negotiations while you can rest assured you will get results as the chances of getting results via tax professional are five times greater than doing it personally.

An Enrolled Agent (EA) is obviously your best option when dealing with IRS taxes because unlike tax attorneys and CPAs, who may or may not choose to specialize in taxes, all EAs specialize in taxation. Make sure the EA you are hiring is well experienced in tax relief and has a good rating by Better Business Bureau.

Get reliable tax relief today, call Mike Habib EA at 877-788-2937

Tax problem resolution services, IRS tax help and tax relief services in Albuquerque, Belen, Moriarty, Rio Rancho, Bernalillo County, Sandoval County, Torrance County, Valencia County and other cities in the state of New Mexico.

Client Reviews
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.