Tax Resolution
Tax Resolution
A Resolution is an arrangement with a tax agency that allows you to settle your tax debt for a reduced amount, temporarily stop IRS collections, or pay for your tax debt in installments over time. This is not an exhaustive list of possible resolutions, but they are the most common.
It’s common for taxpayers to feel that there is a dead-end when they are in debt to the IRS. The truth is that you can and should come to a compromise with IRS. It’s the job of a tax professional to help you resolve your tax issues in a way that aligns with your financial situation.
Millions of Americans fall victim to tax debt, and they tend to overpay or miss out on opportunities for reductions when they handle their tax issues themselves. That’s where TaxRise comes in.
Tax Issues
Tax Issues
In a perfect world, everyone would be able to pay their back taxes in full, file their late taxes, and resolve all IRS penalties easily and painlessly.
However, tax resolution is not something you can accomplish in an afternoon.
By neglecting your tax duties, not only will you accrue interest, but you will also be subject to penalties.
The IRS has the most aggressive collection tactics, so you don’t want to avoid them for too long. Over time, you could find yourself with garnished paychecks or even risk having your property seized.
Facing the IRS Alone
Facing the IRS Alone
If you’re in a situation where you will inevitably have to deal with the IRS: you may be wondering if you should take them on by yourself or hire professional assistance.
No law or rule prohibits you from resolving your tax issues with the IRS on your own. However, taking on the IRS can be difficult; consider these factors first:
The Benefits of Choosing a Professional
The Benefits of Choosing a Professional
Your time commitment will drastically decrease when you hire a professional to achieve a resolution for you. A significant portion of the workload falls on them. Typically, all you need to do is provide them with the necessary documentation in a timely manner.
A tax professional will may also be able to achieve better results for you because they bring experience, insight, and resources to your case. A practiced eye can examine your situation and come up with an ideal strategy.
How TaxRise Works to Resolve Your Debt
How TaxRise Works to Resolve Your Debt
Our professionals will take the time to learn every detail of your case so that they can successfully resolve your debt. The exact means by which you will achieve a resolution depends on the circumstances. Factoring things in such as how much you owe, how long you’ve had this tax balance, and what you’re able to pay will determine what kind of assistance you can receive.
You can resolve your tax balance on your own without the use of a professional. However, if you have been struggling with this issue for some time, perhaps the professionals at TaxRise will catch something that you missed, or maybe we can work to achieve for a better resolution for you.
Choose TaxRise To Represent You
Choose TaxRise To Represent You
You can benefit from all of our knowledge, skill, and resources by contacting TaxRise at 833-419-RISE (7473) today or filling out a brief survey.
Get tax relief today
Qualify for tax relief and resolve your tax issue for good.
Get tax relief today
Qualify for tax relief and resolve your tax issue for good.
