Tax Relief Expert Shares Strategies for Reducing Back Taxes and IRS Debt

Tax Resolution Services, Co., encourages taxpayers struggling with tax debt in the slowly rebounding economy to know their options for tax relief.

Encino, CA - As the economy begins to slowly rebound, there are some 26 million Americans plagued with tax problems including audit or collection-related issues. And with the IRS collection efforts on the rise supported by a record enforcement budget of $5.5 billion, Americans need to know their rights and options for tax relief.

According to tax resolution expert Michael Rozbruch, while taxpayers may always represent themselves in front of the IRS, many turn to professional tax help (a specialized tax attorney, CPA, or Certified Tax Resolution Specialist) in order to swiftly remove bank levies, or wage garnishments and negotiate a tax debt settlement with the IRS on their behalf, if they qualify.

"You can contact the IRS directly for tax help, however, it's best to consult with a highly qualified tax relief professional first, especially if you owe $25,000 or more, have multiple years of unfiled returns or the IRS wants to audit you," said Rozbruch, founder and CEO of Tax Resolution Services, Co., an Inc. 5000 company. "Whether the IRS is demanding full payment of back taxes upfront or a payment plan that is substantially higher than what you can afford to pay, there is help available so you can resolve your tax problems once and for all."

Vital tax resolution strategies that can help Americans resolve their IRS problems include the following:

IRS Installment Agreements allows taxpayers who can't pay their back taxes in full now, but could pay them back over time, an opportunity to negotiate a reasonable monthly payment plan with the IRS. Generally, in most cases, the taxpayer will not have to alter (downsize) their current life style.
Innocent Spouse Relief is available to qualifying non-liable taxpayers from the underreporting of income or the underpayments of tax by their liable spouses or former spouse.
Offer in Compromise program provides taxpayers an opportunity to settle with the IRS for a lot less than they owe. However, the IRS will only entertain this type of settlement when the taxpayer can demonstrate they cannot pay the tax back over time.

To learn about more strategies for tax debt and resolving other IRS problems, visit http://www.taxresolution.com/irs-back-taxes.asp

Tax Resolution Services, Co., is dedicated to providing affordable solutions to businesses and individuals alike who find themselves in trouble with the IRS. Our tax attorneys, CPAs, and tax relief professionals have successfully resolved thousands of cases since 1998 and are committed to making sure our clients' experiences exceed their expectations. For more information or to receive a free tax relief consultation, visit TaxResolution.com or call 888-851-5894.