Ask the Certified Tax Specialist – Small Business Back Taxes

Question:

I have several years of unfiled tax returns and owe around $25 thousand dollars in back taxes to the IRS for my small business. I know I need to take care of this huge burden but I’m overwhelmed, what help is out there get me out of this mess?

Answer:

First, addressing your IRS tax issues right now is the first step towards finding the tax relief you need. There is a solution to your problem, and it may not be your first choice, but it will get you out from under the tax debt and back into tax compliance and help relieve some of the stress.

You don’t have to tackle the IRS alone. Consider hiring a certified tax resolution specialist or a tax attorney to increase your chances of settling back tax debt for the lowest possible amount. Your certified tax resolution specialist will then be able to advise you of your options – and you do have options such as IRS payment plans that you can live with. However, keep in mind not all tax resolution specialists are created equal.

Certified Tax Resolution Specialists (CTRS) are licensed and credentialed professionals (including tax attorneys, CPA’s and enrolled agents) who must meet educational, experience and examination requirements prescribed by the American Society of Tax Problem Solvers (ASTPS). They work directly with the IRS on a client’s behalf to achieve the best possible outcome for your IRS tax settlement.

Entrusting your financial matters to a total stranger should not be taken lightly. You are strongly encouraged do a quick check online of each business to make sure you are hiring the most credible tax resolution firm on your list. Here is a checklist to follow:

Google the name of the company, then use scam, rip-off next to the company name.
Check online BBB rating, accreditation and TrustLink reviews for consumer satisfaction.
Check company credentials of affiliations for current status. Check state bar association if the firms have tax attorney’s to check status and if there are any complaints.
Check the company’s social media efforts such as Facebook, Twitter and LinkedIn. Review all posts and comments, both good and bad.

After this review, you should get a good idea of business who is about to represent you. This extra work will be worth the effort when the expert tax attorney or certified tax resolution specialist you chose resolves your IRS tax issues for good.

For a free, no-risk consultation, please call our office – Tax Resolution Services – at (888) 699-7630.

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