Tax Resolution, also known as “IRS Representation” or “Tax Controversy,” is a formal process that helps taxpayers who are facing collection problems with the IRS. These problems can include not filing income tax returns for several years, filing a balance due return but being unable to pay, tax assessed as a result of an audit and unable to pay, or the assessment of the Trust Fund Recovery Penalty (TFRP) regarding unpaid 941 payroll taxes from a failed business and unable to pay.
It is important to note that the majority of people who owe the IRS are good, hard-working Americans who have had a negative life-altering event take place, putting the filing and paying of their taxes on the back burner. Currently, there are about 25 million Americans who either haven’t filed in several years or who owe back taxes or both, and these numbers are expected to increase significantly this year and beyond due to the additional $80 billion in new funding the IRS has received and the current economic headwinds we are facing.
The IRS offers five major collection alternatives to taxpayers to settle or resolve their back tax issues. Two of the most popular options are the installment agreement and offer in compromise. However, it’s important to understand that all IRS collection cases follow a three-step workflow process: Investigation, Compliance, and Resolution. Tax Resolution requires a specialized skill set to navigate this process and help taxpayers resolve their tax problems.
As a tax firm, we understand the complexity of tax resolution cases and have the necessary expertise to help taxpayers resolve their tax problems with the IRS. Our team of experts is well-versed in the IRS tax code and has experience navigating the three-step workflow process for IRS collection cases. We work with taxpayers to assess their specific situation and develop a personalized strategy to achieve the best possible outcome.
If you are facing tax problems with the IRS, it is essential to act quickly and seek professional help. Failure to resolve tax issues can lead to wage garnishments, bank levies, and property seizures. With our tax resolution services, you can rest assured that we will work diligently to help you resolve your tax issues and get back on track. Contact us today to schedule a consultation and get started on the path to a tax resolution. Call us at 1-888-455-3111 or visit www.ataxdefense.com
