Tax Help: Five Fatal Errors to Avoid During the IRS Offer in Compromise Process in Bakersfield, CA

Metro Area: Bakersfield-Delano CA MSA

If you are a taxpayer in Bakersfield or Delano in California, you must be aware of the pitfalls encountered while dealing with the IRS. This article describes the five common mistakes made by the taxpayers during the IRS Offer in Compromise (OIC) process. Make sure you don’t repeat these mistakes or you will find yourself in a deeper mess.

1- Doing It Yourself

Cost of doing it on your own is much more than the cost you might have to pay for a tax professional. Offer in Compromise or any other debt consolidation program offered by the IRS is a legal and technical process which involves a lot of paperwork. One minor mistake can put you in a bigger trouble. It is a fact that a very small mistake in OIC form can result in the refusal of your request. Typically only 23 percent of the OIC requests are accepted by IRS i.e. one out of four. However, when you hire a tax professional these chances are amplified five times.

2- Not Filing a Tax Return When Due

You must always file your tax return even when you don’t have enough money to pay the tax. This will not only save you from penalties but also enhance your credibility. IRS will not always bail you out; it is just one time favor. You must file your tax returns and make on time payments in future in order to convince them of your good intentions.

3- Not Making on Time OIC Payments

If you do no make on time payments during the OIC process, IRS will not take it seriously at all. You must fully comply with the terms and conditions agreed upon; file tax returns and make on time payments. The OIC process may continue for five years or until the full amount owed by you has been paid. Remember, IRS tax is not a joke – it can put you behind bars.

4- Trying To Deceive IRS and Hiding Information Or Documents

Don’t fall for enchanting movies’ scenes with tycoons hiding their money in the Swiss banks. The IRS knows all your money hiding secrets. Sooner or later they will uncover all of your financial secrets. Cheating or bluffing the IRS will only aggravate them and they will come after you even strongly. Likewise, don’t try to hide any information or documents you are being asked for.

5- Acting Aggressively Toward Anyone At The IRS

You may not find the IRS officers or agents very polite or cooperative. They may be harsh and even bullying sometime. However, you must be gentle with them because fighting fire with fire will cost you, not the IRS. This is where your tax professional i.e. an enrolled agent comes in. IRS agents will be reasonable with your tax representative and will deal in a professional way.
To get rid of your IRS tax problems and start your OIC process in Bakersfield or Delano all you have to do is call Mike Habib, EA at 877-788-2937.

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 Bakersfield, Delano, Arvin, McFarland, Ridgecrest, Shafter, Tehachapi, Wasco, California City, Maricopa, Taft, Oildale, Lamont, Rosamond, Kern County tax help and other cities in the state of California.

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.