US Tax Debt Relief

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US Tax Debt Relief By William McConnaughy

US tax debt relief is not a benefit reserved just for the wealthy who can afford expensive attorneys. Anyone can find relief when a tax burden has become unbearable and there's no way to pay. You can, and should, challenge taxes you don't think are correctly assessed or when you don't see a good way to pay the assessment. Making Corrections US tax debt relief can take many different forms depending on the situation. In many cases, the tax debt is created unexpectedly when you get a letter in the mail telling you there's been an error on a return and you now owe taxes, penalties and interest. In other cases, the taxes are legitimate taxes owed from unfiled tax returns or unpaid taxes, but there's simply no money to apply towards the balance due. Returns that are marked for collection due to an error in the return are processed through a computer system that contains hundreds of automatic letters. It's frustrating enough to find out you owe taxes, but the frustration level increases when you find yourself dealing with a computer. The IRS calls these computer generated letters and tax return adjustments the IRS Correction Program. The IRS can make a tax assessment without review or notification. This is like a creditor deciding you owe money whether it's true or not. Though the burden of proof is suppose to be on the IRS, the reality is the burden of proof has always fallen on taxpayer shoulders. So now you're confronted with a tax bill for an unclear reason and a total amount due that's rapidly changing because of penalties and interest.

What makes this whole scenario even worse is that the IRS will mail out collection notices they know are incorrect. The IRS is not infallible and makes mistakes, but their arrogance leads them to ignore what's right and fair. Finding US tax debt relief is possible though when you use the services of an experienced tax negotiator. Getting It Right An IRS tax negotiator can help you deal with any tax debt no matter what source it may have. An
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experienced tax consultant can help you interpret the vague and confusing computer generated assessment and collection notices. The negotiator can also help anyone who legitimately owes back taxes and has no way to pay. US tax debt relief can be found in a number of ways. In the case of correction notices, the negotiator can work with the IRS to get the invalid or confusing corrections verified, adjusted or eliminated. A tax consultant can also work with the IRS to settle a debt through an installment plan, or tax debt reduction or elimination. There's no reason to assume the IRS has correctly calculated your tax debt when you receive a correction notice. The best approach for finding US tax debt relief is addressing the problem as soon as you become aware it exists.

William McConnaughy, CPA is a tax negotiation professional. He has experience working with people seeking tax relief and credit repair. For more information visit his site at http://www.helpwithirsproblem.com .

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Income Tax Debt Relief By William McConnaughy

Income tax debt relief can take many forms when you're ready to negotiate with the IRS. When you don't have the money to pay your income taxes, it can seem hopeless as the IRS notices pile up on the desk. But the truth is here are several ways to come to agreement with the IRS when seeking help with tax that are due. Breathing Deeply When you are seeking income tax debt relief, the first thing you should do is take a deep breath. While you're breathing deeply, you should also be considering the hiring of a tax negotiator. Though you can seek relief on your own, using an expert negotiator is really the only way to know for sure you have negotiated the best settlement possible. The fact is the IRS is going to get as much money from you as possible even knowing they have full authority to relieve your debt. The IRS operates just like a collection agency, and the goal is to maximize revenue. After all, the IRS as an agency is judged by how much money it collects. Unfortunately, it's also an agency that goes after what it sees as easy money. The people who can afford expensive tax attorneys make the IRS spend a lot of agency money in terms of agent salaries. A complicated tax case can take years to settle and in the meantime the agency isn't collecting any money. Now compare the complicated collection cases to most middle-income cases. An agent can audit and negotiate dozens of tax debts with little resistance, because most people are afraid of the power of the IRS. That's why a tax negotiator can be so helpful in even relatively small tax debt cases, because they give the middle class taxpayer representation. Exhale Slowly When you need income tax debt relief, there are several options which can be pursued. Submit an installment agreement Seek uncollectible status Make an Offer in Compromise But before any of these actions are taken the amount of the debt itself should be negotiated. The lower you can get the tax amount owed, the quicker you'll be able to pay off the IRS. A tax negotiator can act as an intermediary between you and the IRS. Income tax debt relief is possible, but the amount of relief depends upon dealing with the IRS on as even basis as possible. Let's face it - it's hard to negotiate when you're sick with worry and fear of the IRS. Income tax debt relief means three things will occur. First, the debt is renegotiated. Second, an

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agreement between you and the IRS is put into place. Third, the agreement puts a stop to the awful collection process as long as you meet the terms of the agreement. When you finally get income tax debt relief, you can breathe deeply and then exhale with happiness.

William McConnaughy, CPA is a tax negotiation professional. He has experience working with people seeking tax relief and credit repair. For more information visit his site at http://www.helpwithirsproblem.com .

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