IRS Tax Relief - Tax Settlement


TAX SETTLEMENT

Caught not paying your back taxes? Then it's probably best to discuss a possible tax settlement with the IRS. Tax settlement is highly recommended if you've committed an honest mistake in not filing for the proper taxes or if the tax debt you have to pay is too high and you can not afford to pay it in full.

IRS Tax Settlement - IRS Tax Relief


IRS Tax Relief: The First Approach

It is better for you to contact the IRS first before they contact you. If you've seen your finances and noticed that there's something wrong with your taxes, call up the Internal Revenue Service and ask about what you can do to fix your tax problem. 


Should the IRS contacts you first, act on it quickly and do not put things off. The worst thing to do is ignore the government tax agency and probably incur stiffer penalties.

Once you've acquired a full assessment of your full tax liability, then you can assess if you can pay it in full or in parts. Paying in parts will cause you to pay more and would entail paying interest rates and other penalties. However, the IRS does accept credit card payments.

IRS Tax Relief: Installment Agreements

If you are unable to pay for your tax liability in full, then a tax settlement would be a viable option. An installment plan, you can discuss or negotiate the terms in which you can pay your taxes. The smaller the assessment, the easier it is for you to adjust your payment options accordingly. Of course, this kind of tax settlement will also mean having to pay extra due to interest rates incurred.

An advantage of paying in installments is that the IRS will stop other collections. But you must assure the IRS that you will no longer be delinquent in your future tax payments.

IRS Tax Settlement - Offer in Compromise


IRS Tax Relief: Convenience

If you owe the IRS less than $25,000, then you can go for a tax settlement through the Payment Plan option. From there, you can, once and for all, decide if you will pay your tax debts in full or you're going to request an affordable installment plan.

Another option for a tax settlement is the Offer in Compromise (OIC). An Offer in Compromise settlement is the ultimate in IRS Tax Forgiveness. An Offer in Compromise is an agreement involving the IRS and the taxpayer that allows the taxpayer to settle their tax debts for less than they actually owe.

IRS Tax Relief: Dealing with the IRS

The IRS can be very tough and difficult to deal with. But this does not mean you have to play fire with fire. You can deal with them very professionally and discuss with them the best tax settlement option for you.

If you cannot deal with the IRS directly, then you can hire a licensed and experienced tax representative to discuss and negotiate the tax settlement for you. In fact, it is highly recommended that you hire a tax professional/tax relief expert to deal with your IRS problems because they are knowledgeable and well-equipped to deal with these problems directly.

IRS Tax Relief: Reputable Firm

A reputable tax relief team that deals with tax settlements are Flat Fee Tax Service, Inc. Our IRS Tax Attorneys are tax relief experts and our IRS tax relief team is experienced in dealing with tax problems concerning back tax settlements. 

Our IRS tax relief team promises to provide personalized solutions to your specific tax problem, and we solemnly promise to negotiate the best possible solution for your tax problem. 

We, at Flat Fee Tax Service, Inc. provides everyone who calls, a free initial consultation so you can weigh your options and see what the best tax settlement method you can use to deal with your IRS problem. 

Call our tax relief team at 1-800-589-3078 for your free consultation or send an email inquiry to dave@flatfeetaxservice.com

FLAT FEE TAX SERVICE, INC.

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