Nation’s Leading Tax Relief Firm Helps Client Resolve $91,000 in IRS Back Taxes
Struggling taxpayers who owe fortunes in back taxes may be skeptical when they hear that the IRS would discharge their debt for less than the amount owed if the qualify for the IRS Offer in Compromise program.
We had a guy come to us who owed the IRS $91,000 in back taxes and sought tax help through our tax experts at Tax Resolution Services, Co. After negotiating with the IRS on his behalf, we ultimately settled his debt for just $4,600.
To understand why the IRS might be willing to accept less than you owe as part of a compromise offer, it’s important to understand the IRS’s position and mentality. The Offer in Compromise in many ways allows the IRS to collect more tax revenue now than the more aggressive tactics like liens and levies may net them in the future.
The IRS accepts Offer in Compromise submissions on three grounds: doubt as to whether it can collect the tax debt, doubt as to whether an assessed tax liability is correct and special circumstances by which collection of the tax debt would create a critical economic hardship or be unfair and inequitable.
There are over 650,000 CPAs in this country, and less than one tenth of 1% are qualified as Certified Tax Resolution Specialists to handle your problem. Over half of our clientele has started out with their own CPA or tax attorney only to find themselves hung out to dry.
This client (who asked to stay anonymous), a taxpayer from Los Angeles, Ca. states, “TRS was able to negotiate a settlement for me where I only paid 5 cents on the dollar. TRS did an amazing job. I always felt that TRS had my best interests at hand.”
At Tax Resolution Services, Co. we are dedicated to providing affordable solutions to businesses and individuals alike who find themselves in trouble with the IRS. Our expert team of tax attorneys, CPAs, and Certified Tax Resolution Specialists has a success rate of 90% – second to none in the industry – and an Offer in Compromise Settlement Rate of $0.11 on the dollar. For more information or to receive a FREE tax relief consultation, visit www.TaxResolution.com or call (888) 699-7630.
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Tags: Back Taxes, IRS debt, IRS help, irs problems, Offer in Compromise, tax attorney, tax help, tax relief
