splash title

ObituariesHelp.org

An informative and respected website designed to offer resources for obituaries, funerals and genealogy search

...

Tax Relief Help for IRS Problems or Concerns
BY MELANIE WALTERS

Tax help, or tax relief, does not have to wait until the IRS has informed you that you are delinquent in your owed payments. The taxation of citizens is the law, and while you may not always agree with the governing body in charge, sooner or later the need to get caught up on your taxes will catch up with you.

If you are found to be delinquent, you potentially face penalties that include the owed amount, fines, late fees, and wage garnishment. In order to avoid such issues you may want to seek out a professional to help you with IRS negotiations. If you know that you are delinquent you can start the process yourself. If the IRS has notified you of back taxes, you can seek out a tax specialist that can offer you negotiation services. In most cases, you can even turn to the IRS for help.

Before you ask the IRS for tax relief, you will need to understand that you have to qualify for it first. While the IRS is not necessarily looking to drain you of your last penny, if you have the capacity to pay they will expect you to. Qualifying for tax relief includes qualifying under any of several circumstances.

Can you show proof that you really can't pay the full amount? Don't expect to present the IRS with evidence that you are living above your means, but rather if there is a situation that is not of your own doing but prevents full payment it is possible to qualify for tax relief.

It is better to file for an extension or file with a partial payment than it is to file late. Not filing at all can land you in a lot of trouble. The IRS is looking for acts of compliance. This means that you need to show you are making the effort, following the laws, and are making progress toward making your tax situation right.

The IRS does impose payment plans. However, there are many forms to fill out, and you have to show good cause. If you can get professional tax help, you may find that you are going to have a much lower monthly payment. There is a chance that you can have penalties, interest, and even late fees rendered obsolete. If there is a valid reason for your lack of timely filing, a tax relief professional may be able to get your amount reduced.

Do not wait until the government garnishes your wages. The percentage that they are permitted to take can be significant, and that will make living with your day to day expenses very difficult. Seeking help before this happens will help keep your stress level down while you fix the problems that you are facing.

If you have a lien against your property or other significant expense placed by the IRS, they collect their money once the property has been sold. This can be financially devastating. Property tax help is often needed in order to negotiate a better arrangement. This can usually be done through a professional.

An Offer in Compromise, also referred to as OIC, can be very helpful. This is not the easiest method, because there are constantly changing rules. Filing for an Offer in Compromise is best done with professional assistance. You may find, however, that the end result is one that is in your best interest.

There are a lot of resources that you can help you if you are going to try to negotiate with the IRS on your own. You will, of course, end up spending a lot of time researching various laws and options. If you choose to do this, you will still need to be timely in your responses and any payments you may have set up. Dealing with the IRS is not nearly as difficult as it used to be, however, it is not necessarily something that everyone can do. When it comes to late taxes, most people have a fear of dealing with the IRS and may simply feel more comfortable seeking out high quality professional help.

The absolute biggest mistake you can make is doing nothing. The IRS does not take kindly to being ignored and therefore, will continue to take action against you if you choose this path. Ignoring the IRS will eventually result in financial devastation for most people. If you are in need of assistance, it is best to seek it out as early as possible in order to avoid the potential damage that can come about from pretending it doesn't exist.

The tax help you need is possible. Then first steps toward resolving tax issues starts with dealing head-on with the issues that have presented the problem and getting prepared to make your debt right with the IRS.

More Tax and Attorney Resources you might find helpful:

  1. Claim Solicitors, Lawyers and Legal Advice Articles - choosing solicitors, lawyers. No win no fee solicitors. Legal advice.
  2. Wills Online, Wills and Living Trusts, and Estate Planning Advice Articles – what you need to know about online wills and living trusts
  3. Probate Laws, Probate Court, Probate Attorney Advice Articles – how to avoid probate, what is probate and how to get a good probate attorney
  4. Funeral Advice Articles – what you need to know about preparing for a funeral
  5. Ordering Flowers Online Advice Articles – where is the best place to order flowers online
  6. Wrongful Death, Mesothelioma Advice Articles - helpful articles to guide you through the legal and emotional aspects wrongful death
  7. Articles By Category – a categorized list of articles on ObituariesHelp.org