Irs Tax Settlement Companies
Because of the potential for serious consequences many people choose to pay tax settlement companies to negotiate with the irs on their behalf but several recent reports have investigated these businesses and found many of them to be severely lacking both in terms of ethical considerations as well as financial results.
Irs tax settlement companies. Munoz company cpa is a tax advocate firm offering over 30 years of solid experience in tax debt reduction and irs tax settlements. If you are at the point where you need help there are factors you need to consider before selecting an agency. Irs tax settlement is based in jacksonville florida and is a marketing and advertising connection tool. Select 7 500 to 9 999 10 000 to 14 999 15 000 to 19 999 20 000 to 24 999 25 000 to 29 999 30 000 to 39 999 40 000 to 59 999 60 000 to 79 999 80 000 to 99 999 100 000 tax agency owed.
As a tax consultant i offer tax planning advice help with back taxes and representation in an irs audit. Get reliable tax help irs tax relief irs tax debt preparation irs tax settlement back taxes help audit representation and tax problem resolution by usa tax settlement provides nationwide tax resolution services for taxpayers with irs or state tax problems. Like debt collection agencies some firms exploit consumers facing irs debt collection for their gain. Get tax help tax amount owed.
In this case the irs credits the 2 000 to your tax liability but it cancels the settlement agreement and resumes collection activity. Get help with your tax debt today. Haggling over tax details before. For either of these situations the taxpayer must meet the qualifications of one of the tax settlement programs set forth by the irs.
Many plaintiffs take aggressive positions on their tax returns but that can be a losing battle if the defendant issues an irs form 1099 for the entire settlement. The majority of tax settlement companies charge their clients an initial fee that can easily run anywhere between 3 000 to 6 000 depending on the size of the tax. Tax settlement agencies are like debt settlement companies except they serve consumers who owe the irs more money than they can pay. In this past year irs tax settlement has helped thousands of taxpayers find tax debt resolution.
The irs will allow a taxpayer to either negotiate a tax settlement for less than the total amount owed or come to an agreement on another method for the irs to collect taxes owed over time. The company itself does not provide direct tax relief services but instead utilizes a network of tax professionals.