We are the affordable tax firm who provides a free consultation & have remedies to end your tax debt.
There are various options available to taxpayers who owe back taxes.
As a former IRS agent teaching instructor there generally six ways to deal with these outstanding tax debt.
Taxpayers must know they must develop an exit strategy to go ahead and to sooner or later extinguish the tax debt.
When you call our office we will review with you the different strategies based on your current financial statement.
The six most common ways that taxpayers will eventually opt into are the following.
- taxpayers will eventually borrow the money to pay the tax often full,
- taxpayers will enter a payment plan with the Internal Revenue Service,
- taxpayers will have their cases put into an IRS hardship are currently uncollectible,
- taxpayers will settle their debt to the offer in compromise program,
- taxpayers will file a Chapter 7 bankruptcy proceeding,
- while lastly the ten-year statute of limitation may expire and the debt will go away permanently.
If you are dealing with an outstanding tax liability and need to have your case reviewed for free initial tax consultation call us today to speak to true IRS experts know exactly how to deal with back tax debt.
We are a full-service firm with a specialty in IRS and state tax resolution.
It is important for taxpayers to know that any time you have an outstanding tax liability that Internal Revenue Service will want all tax returns filed upon their initial text contact.
This is so-called full compliance check.
If you need help with the filing of your back taxes, call us and we can prepare your tax returns with or without records. We are tax reconstruction experts.
Some IRS tax statistics.
For tax payers with outstanding liabilities the IRS tax statistics show that 40% of all open IRS collection cases are put into a currently not collectible or hardship case status, 6.5 million people enter into monthly installment payments, and 38% of all those who file offers in compromise get accepted for an average settlement of around $5000.
Call us today for free initial tax consultation.
I Owe IRS + Cant Pay in Full + List of Options
