Why Do Tax Payers Fall Behind
As practitioners of a full service tax resolution firm, we work with taxpayers who are behind on their taxes on a regular basis. There are many reasons that taxpayers find themselves in this predicament. Some have life-changing events, some feel that they owe so much that they cannot deal with it, and some don’t worry about the situation.
Our job is not to judge but help each taxpayer in this position to resolve their issues in as stress-free a manner as possible. Each taxpayer is entitled to have a representative deal with the IRS. Enrolled Agents, CPAs and Attorneys are professionals that can represent taxpayers before the IRS.
Ignoring the problem will not make it go away. It just makes things worse. There are many actions the IRS can take if they do not get a response. Even if the taxpayer is unable to pay the tax owed it is imperative to at least file the tax returns. Simply filing the tax returns timely will reduce the taxpayer’s penalties dramatically. There are additional avenues available to further reduce penalties and settle the outstanding debt.
When Tax Resolutions engages a client, our first order of business is to assist the taxpayer in getting current. We file all tax returns and get the current taxes paid if possible. Next we assess the taxpayer’s ability to pay the outstanding tax and offer a reasonable strategy. Strategies may include applying for an Offer in Compromise, setting up an installment agreement, or applying for non-collectible status.
If you are in this predicament, please call Tax Resolutions, LLC to assist you. We are a local company based in Essex Junction. We can put our faces to the name as we are known in the community.
We are not one of the large firms you see on the commercials that promise you will pay pennies on the dollar. We meet with each client personally regarding their particular situation and discuss available options.
The firm owner and operators are Mary Hall, Esq. and Diana J. Sheltra, EA, CFE. We both have vast experience in tax preparation and representation. For more information, contact Tax Resolutions, LLC at (802) 662-4127