How a Tax Relief Service Works to Settle Your Debts
Does worrying about your tax debt keep you up at night? For many taxpayers who owe the Internal Revenue Service (IRS) a significant chunk of money, stress is always a very high concern. If worrying about your back tax debt is weighing you down, it may be time to partner with a tax relief firm to help you finally find relief. A tax relief service can work on your behalf to find creative ways to settle your tax debt once and for all.
Here are five ways that a tax relief service can help you get out from under your tax debt.
1. Review all of your tax documentation:
A tax relief specialist will sit down with you and review all of your tax documentation to date. You should plan to bring all filed tax returns as well as income information and other documents that can help clarify exactly what you actually owe to the IRS.
2. Recommend a plan that will work best for you:
Once you have confirmation of exactly what you owe the IRS, a tax relief firm will help you determine how to proceed in a way that will be in your best financial interest. The IRS offers several debt relief programs to help taxpayers with debt get a much needed fresh start, and the tax service you partner with should be able to provide you with relevant information about these programs. You should plan to ask if you would be a good candidate for an Offer in Compromise, an agreement plan that allows you to pay your debt for less than you owe, or an installment agreement, an optional plan that allows you to pay your debt over time rather than in one large lump sum.
3. Communicate with the IRS:
Communicating directly with the IRS can be very stressful for many taxpayers. A good tax relief service can take over all of the communication with the IRS on your behalf. Remember that the IRS will always communicate clearly in writing about what you owe. However, a tax relief specialist can follow-up on these letters and help you strategize the best plan going forward for you.
4. Help you complete necessary paperwork:
No matter what plan of action you take, there will likely be a significant amount of paperwork necessary to settle your debt. A tax relief company can help with preparing tax returns that need to be filed as well as the necessary paperwork to apply for an offer in compromise or an installment agreement.
5. Provide audit protection:
A tax firm can also provide you with support in the event of an audit. Read more about the type of audit protection Success Tax Relief can provide for you here.
Reach Out to Success Tax Relief Today
Success Tax Relief specializes has a track record of success and experience. We specialize in communicating directly with the IRS to help individuals develop a plan for finally getting out of tax debt. For more information, call our Success Tax Relief team anytime at 877-825-1179, or contact us online.