IRS Tax Resolution Help

Solutions > IRS Tax Resolution Help

The IRS can reduce the amount of your taxes owed through a resolution program known as the offer in compromise or fresh start initiative, a prospect which is, as you may imagine, not easily accomplished. Basically, you are asking the IRS to reduce your taxes to an amount you will be able to pay. An offer in compromise consists of the submission of extensive financial information, documentation and resolutions necessary to substantiate a reduction in tax. The calculations listed on the paperwork you submit have a significant impact on whether the IRS will reduce your tax burden, and if so, how much they will reduce it. All of this information must be correctly calculated and backed up by the appropriate documentation. Any flaw in your information or format can cause the IRS to refuse to reduce your amounts owed.

Hire Professionals:

For this reason, it is recommended that you hire tax professionals to help you. Qualified tax professionals such as our Tax Tiger team know exactly what information to provide to the IRS and how to provide it. Our tax professionals have the experience to ensure that every aspect of your offer in compromise scrupulously follows IRS procedure.

Once all of your information and documentation have been accepted by the IRS, discussions begin. Saying the wrong thing to the IRS during these discussions can cause the IRS to refuse to reduce your dues. Tax Tiger attorneys have nearly 50 combined years of working with the IRS. Allowing them to represent you dramatically increases the chance that the IRS will reduce your liabilities owed. You can discuss the fresh start initiative to reduce your IRS tax during a free confidential consultation with our Tax Tiger specialists.

One way to reduce your potential tax burden is to file your taxes on time. Even if you can’t send payment for what you owe with your return, it is better to file. Failure to file creates additional penalties which cause your dues to climb ever higher. If you find that you face taxes you cannot pay, you still may be able to reduce the amount you owe.

Find Experienced Help to Resolve Tax Liabilities:

Because these calculations are so vital, they are best handled by a professional. The IRS will only reduce your taxes if the offer in compromise is successful. Resolving tax liabilities with the IRS is frustrating and often ineffective for all but the most experienced tax professionals. We have successfully reduced and resolved the tax IRS tax dues of thousands of clients, contact us for a free consultation so we can evaluate your individual tax situation.

Tax Tiger services the entire United States from office locations in Austin, Texas; Minneapolis / St. Paul, Minnesota; the San Francisco Bay Area, San Diego (Carlsbad), and Sacramento, California. To find out more about how Tax Tiger can help, get in touch by visiting our contact page and filling out our convenient online form.

PROVEN CREDIBILITY

Office Locations