Tuesday, July 31, 2018

BENEFITS OF WORKING WITH THE TAX ATTORNEYS AT ADVANCE TAX RELIEF

Resolving a tax matter to your satisfaction can take a level of skill and finesse that you do not have. Rather than go up against the IRS alone, you need someone with experience, knowledge, and confidence handling tax disputes to help you. Protect your money and settle what you owe to the government by taking advantage of these five important benefits that come with hiring a skilled tax lawyer.

TAX CODE KNOWLEDGE

The current IRS tax code spans more than 1700 pages. Do you have time to read all of it? Will you understand what you have read and know how to apply it to your tax case?

Chances are that you answered no to both questions. Rather than despair, you can hire a tax lawyer who does know the code and has the time to research and apply the laws fairly and accurately to your tax matter.

The tax codes at the state and federal levels are always changing. Why risk the outcome of your case on outdated information or a misunderstanding of the current tax laws? When you hire a tax lawyer, you benefit from this individual's knowledge of those codes and how they should pertain to your particular IRS matter.



ARE YOU FACING UNPAID TAXES? TAX ATTORNEYS STANDING BY (800)790-8574

ADVANCE TAX RELIEF LLC
www.advancetaxrelief.com
BBB A+ Rated
Call (800)790-8574

***We have successfully resolved millions in back taxes for our clients.
PROTECTION FROM ABUSE AND INTIMIDATION

Most IRS agents are extremely professional and courteous when engaging everyday taxpayers. They do not employ threatening tactics or lies to get you to pay what you owe.

However, you do not want to risk coming up against a rogue agent who might not be above abuse and intimidation when he or she meets with you. When you have a professional tax lawyer by your side, you are protected from such threats. Your lawyer can act as your representative in meetings and ensure that your rights are protected for the duration of your tax case.

FILING TAX RETURNS

Your tax lawyer is also ready to help you file any returns that you need to submit to the IRS. For example, if you need to change some information on this year's return, your lawyer can help you file an amended return quickly and efficiently.

Your attorney can also file late returns or returns from this year. If you need an extension for filing, you can have your attorney fill out the necessary paperwork and request that extension from the IRS.

Along with submitting your returns, your counsel can also make sure your proof of income gets submitted in time. He or she can send in your 1099s, 1098s, W-2s, and other income documentation.

INTERMEDIARY

Speaking with the IRS by letter or telephone can be intimidating. You may not be sure how to answer questions or what information to give to the agent in charge of your case.

Rather than incriminate yourself or accidentally give false information, you can hand off the task of speaking with the IRS to your tax lawyer. Your lawyer can speak on your behalf and handle phone calls, answer letters, and take care of other communications for you. Your lawyer will know what details to give and ensure that all of the information is factual and accurate.

PAYMENT AND ASSET PROTECTION

Finally, your tax attorney will know what measures to take to protect your income and assets. The IRS has the right to put a lien on your assets or garnish your income to settle your debt. When you hire a tax lawyer, he or she can safeguard your finances by:

setting up an installment agreement with the IRS
filing for an Offer in Compromise, or OIC, to settle your debt
request your debt be placed in Currently Not Collectible, or CNC, status
arrange to pay your debt using a credit card, ACH withdrawal, money order, or other payment methods
All of these payment and settlement options can protect your income from garnishment and prevent your assets from being seized. If your wages are already being garnished or your assets have already had liens placed on them, these actions could result in those collection efforts being released.

The IRS has the right to pursue the debt that you owe the government. You can act in your best interests and stay on the right side of the IRS by utilizing these five advantages that come with hiring a professional tax lawyer today.

So, if you have IRS Problems, Owe Taxes, have Past Due UnFiled Tax Returns and need IRS HELP – Take action today! You should work with a nationwide tax relief firm. Call Advance Tax Relief (800) 790-8574

GET TAX RELIEF HELP TODAY

If you think that you may need help filing your 2017 tax return and past due tax returns, you may want to partner with a reputable tax relief company who can help you get the max refund and reduce your chances for an IRS AUDIT.

Advance Tax Relief is headquartered in Houston, TX with a branch office in Los Angeles, CA. We help many individuals just like you solve a wide variety of IRS and State tax issues, including penalty waivers, wage garnishments, bank levy, tax audit representation, back tax return preparation, small business form 941 tax issues, the IRS Fresh Start Initiative, Offer In Compromise and much more. Our Top Tax Attorneys, Accountants and Tax Experts are standing by ready to help you resolve or settle your IRS back tax problems.

Advance Tax Relief is rated one of the best tax relief companies nationwide.  

Call our team today at 800-790-8574 for more information. For a free consultation, schedule an appointment with us online.

Feel free to also learn about us and contact us via www.advancetaxrelief.com.

However, it doesn’t matter where you live, we service taxpayers nationwide.

We have settled millions in back tax penalties and interest for our clients nationwide.

Advance Tax Relief is a Professional Tax Relief Organization



OTHER LINKS:

Advance Tax Relief http://www.advancetaxrelief.com/audit-representation.html

Advance On Wordpress: https://advancetaxreliefblog.wordpress.com/

Advance Tax Youtube: https://www.youtube.com/channel/UCBqQtYZOrJDcoQwyiOgEwHw

Advance Tax Relief on Instagram: https://www.instagram.com/advancetaxreliefusa/

Advance Tax Relief LA; https://www.inglewoodtaxlawyers.com

Monday, July 30, 2018

WHO CAN QUALIFY FOR THE IRS FRESH START PROGRAM?

Despite your best intentions, you may need to push the proverbial Restart button with your connection with the IRS. Inadvertent errors, failure or inability to pay, or failure to submit your returns on time can jeopardize your taxpaying compliance and put at risk of fines and penalties.

Rather than ignore your tax issues or rely on outdated information about settling your debt, you may prefer to use an option that would correctly and quickly satisfy your taxpaying non-compliance. You can get the help that you need by learning if you qualify for the IRS Fresh Start program.

IRS collections can be extremely stressful.


ARE YOU FACING UNPAID TAXES? TAX ATTORNEYS STANDING BY (800)790-8574

ADVANCE TAX RELIEF LLC
www.advancetaxrelief.com
BBB A+ Rated
Call (800)790-8574

***We have successfully resolved millions in back taxes for our clients.



WHAT IS THE IRS FRESH START PROGRAM?

The IRS Fresh Start program is designed to help taxpayers repay their tax debts without incurring financial difficulties. Without this program, they may face consequences that include:

garnishments
liens
bankruptcy
repossessions
Fresh Start is not itself a brand new program but rather an extension of existing tax debt relief programs. If you qualify for it, your fresh start is applied in conjunction with one of the repayment or settlement options like:

penalty abatement
installment agreement
Offer in Compromise, or OIC
lien release
garnishment release
business or payroll tax relief
To find out if you meet the qualifications for the Fresh Start program or to request participation in it, you must fill out and submit IRS Form 1127A. This form can be found on IRS.gov but cannot be submitted electronically. You must send it to the IRS by mail.

How to Qualify for the Fresh Start Program
What are the qualifications for the IRS Fresh Start program? The IRS has established specific criteria that must be met before you are allowed to utilize this program. The first qualification involves being unemployed for 30 consecutive days in 2011 or before April 15, 2012.

If you are married and file a joint return, you or your spouse must meet at least one of the qualifications as well. This courtesy comes in handy if both of you do not satisfy the criteria. The IRS allows a couple's participation in the program as long as one spouse can satisfy at least one of the qualifications.

People who are self-employed also are allowed to participate. In order for self-employed individuals to take part in the program, they must have experienced a drop in net income of at least 25 percent.

Finally, you can ask for inclusion the program if you are married and you and your spouse earned $200,000 or less. If you are single, you must have earned $100,000 or less. Likewise, your tax debt by the end of 2011 must have been less than $50,000.

How can you take part in the program? As mentioned, you must fill out IRS Form 1127A, which can be found on the IRS' website. You must mail it in because you cannot submit it electronically.

Second, you should hire a tax professional to help you submit the necessary proof of income, assets, and other documentation that might be requested by the IRS. After you submit the documents and are approved for the Fresh Start program, it is essential that you comply with the requirements by filing your taxes and making payments on time. If you violate the terms of the Fresh Start program, you could be dismissed from it and face paying your full debt plus any penalties and interests.

The IRS gives you a second opportunity to get back into taxpaying compliance. Instead of having your income garnished, your assets seized, or face filing bankruptcy, you can settle your account and avoid financial difficulties related to your tax debt by taking part in the IRS Fresh Start program.

So, if you have IRS Problems, Owe Taxes, have Past Due UnFiled Tax Returns and need IRS HELP – Take action today! You should work with a nationwide tax relief firm. Call Advance Tax Relief (800) 790-8574

GET TAX RELIEF HELP TODAY

If you think that you may need help filing your 2017 tax return and past due tax returns, you may want to partner with a reputable tax relief company who can help you get the max refund and reduce your chances for an IRS AUDIT.

Advance Tax Relief is headquartered in Houston, TX with a branch office in Los Angeles, CA. We help many individuals just like you solve a wide variety of IRS and State tax issues, including penalty waivers, wage garnishments, bank levy, tax audit representation, back tax return preparation, small business form 941 tax issues, the IRS Fresh Start Initiative, Offer In Compromise and much more. Our Top Tax Attorneys, Accountants and Tax Experts are standing by ready to help you resolve or settle your IRS back tax problems.

Advance Tax Relief is rated one of the best tax relief companies nationwide. 

Call our team today at 800-790-8574 for more information. For a free consultation, schedule an appointment with us online.

Feel free to also learn about us and contact us via www.advancetaxrelief.com.

However, it doesn’t matter where you live, we service taxpayers nationwide.

We have settled millions in back tax penalties and interest for our clients nationwide.

Advance Tax Relief is a Professional Tax Relief Organization



OTHER LINKS:

Advance Tax Relief http://www.advancetaxrelief.com/audit-representation.html

Advance On Wordpress: https://advancetaxreliefblog.wordpress.com/

Advance Tax Youtube: https://www.youtube.com/channel/UCBqQtYZOrJDcoQwyiOgEwHw

Advance Tax Relief on Instagram: https://www.instagram.com/advancetaxreliefusa/

Advance Tax Relief LA; https://www.inglewoodtaxlawyers.com

Thursday, July 26, 2018

THE IRS IS DENYING AMERICANS OF PASSPORTS BECAUSE THEY HAVE UNPAID BACK TAXES - IRS TAX RELIEF

Owing back taxes to the IRS threatens your finances and income. However, because of the FAST Act it can now put your ability to apply for or keep a passport in jeopardy. If you owe an IRS tax debt, you will benefit by learning if the FAST Act applies to you and how you can resolve your debt quickly to protect your passport.

ARE YOU FACING UNPAID TAXES? TAX ATTORNEYS STANDING BY (800)790-8574

ADVANCE TAX RELIEF LLC
www.advancetaxrelief.com
BBB A+ Rated
Call (800)790-8574

***We have successfully resolved millions in back taxes for our clients.

What is the FAST Act?

The FAST Act stands for Fixing America's Surface Transportation Act and is a piece of legislation that President Obama signed into law in 2015. It requires that the State Department deny or revoke the passport of any American owing a tax debt totaling $51,000 or more. Since it was signed into law, the FAST Act has led to the State Department collecting the names of more than 362,000 taxpayers who have seriously delinquent tax debts.



This law was designed to encourage people who owe $51,000 or more in back taxes to the IRS to pay off their debts as quickly as possible. Since its inception, the law has helped the IRS collect more than $11 million in outstanding tax balances.

Even so, the law is not without its critics. Naysayers of the act argue that the IRS and State Department do not allow enough time for people to pay off or otherwise satisfy their tax debts after being notified in writing. Taxpayers only have 90 days from the time they learn of their tax debt delinquency to pay off their debts before they are denied a passport or have their passports revoked.

Still, the FAST Act does not apply to all taxpayers who have seriously delinquent IRS debts.

People who are excluded from passport denials or revocation include:

Taxpayers who have active IRS installment agreements to pay off their back taxes
People who have settled their debts with an Offer in Compromise or Justice Department agreement
Individuals who are appealing tax levies through IRS due process hearings
People who have requested Innocent Spouse Relief with Form 8857
The FAST Act also does not apply to taxpayers who:

Are serving in combat zones
Living in federally declared disaster areas
Are going through bankruptcy proceedings
Have tax debts in hardship non-collectible status
Are victims of identity theft
Otherwise, taxpayers who are notified of having tax debts of $51,000 or more are advised to protect their passport status by immediately entering into an installment agreement with the IRS.

PASSPORT DENIAL OR REVOCATION

By law, the IRS must notify you in writing that you owe a tax balance of $51,000 or more. You will receive an IRS Notice CP 508C by regular mail.

This notification must be sent to you at the same time that the IRS notifies the State Department about your delinquent tax status. It will be sent to your last known mailing address.

After the IRS has notified you in writing of your seriously delinquent tax debt, you have 90 days to pay off or otherwise satisfy your account. The most direct way of satisfying what you owe to the IRS would be to pay off the balance in full if possible.

However, if you cannot pay off the debt, you can request an installment agreement, which would allow you to pay what you owe in monthly increments. The monthly payments will be based on how much you earn, ensuring that they will fit in your budget and be affordable. An installment agreement satisfies your tax debt and allows you to apply for or maintain your U.S. passport.

Once your tax debt is addressed satisfactorily, the IRS must then by law send you another notification, the Notice CP 508R, which advises you that your account is legally taken care of and that you can now apply for or use your passport.

This notification is also sent to taxpayers whose debts are no longer seriously delinquent or those whose tax debts were certified to be erroneous. The IRS has 30 days to send out this reversal notification to both you and the State Department.

A tax debt is considered to be no longer seriously delinquent or enforceable when:

The IRS approves an installment agreement from the taxpayer
The IRS accepts an Offer in Compromise to satisfy the debt
Collection is suspended through an Innocent Spouse Relief request
The taxpayer makes a timely request for a collection due process hearing regarding a tax levy
If these criteria apply to your particular tax situation, you will receive an IRS Notice CP 508R by regular mail to your last known mailing address.

NOTIFICATION PRIOR TO OR DURING INTERNATIONAL TRAVEL

If you receive the Notice CP 508C prior to international travel or when you are already abroad, you must immediately respond to it if you want to be approved for or maintain your current passport. You are advised to call the State Department telephone number that will be included with your notice.

You can continue to use your passport until you have been notified by the State Department that it has been revoked. If your passport has been revoked while you are traveling abroad, the State Department may issue you a limited and temporary passport so that you can fly directly to the U.S.

You can avoid having your passport denied or revoked by contacting the IRS by phone or online and requesting an installment agreement to satisfy your debt. If you are unsure of how to request an installment agreement or pursue other means to address what you owe to the IRS, you are encouraged to contact a tax professional. A tax professional can help you determine what method to use to pay off or otherwise take care of your tax obligation.

The FAST Act could jeopardize your ability to use your passport and travel internationally if you owe a seriously delinquent tax debt. You can avoid having your passport denied or revoked by immediately entering into an installment agreement with the IRS or by using other approved means to satisfy your IRS tax obligation.

So, if you have IRS Problems, Owe Taxes, have Past Due UnFiled Tax Returns and need IRS HELP – Take action today! You should work with a nationwide tax relief firm. Call Advance Tax Relief (800) 790-8574

GET TAX RELIEF HELP TODAY

If you think that you may need help filing your 2017 tax return and past due tax returns, you may want to partner with a reputable tax relief company who can help you get the max refund and reduce your chances for an IRS AUDIT.

Advance Tax Relief is headquartered in Houston, TX with a branch office in Los Angeles, CA. We help many individuals just like you solve a wide variety of IRS and State tax issues, including penalty waivers, wage garnishments, bank levy, tax audit representation, back tax return preparation, small business form 941 tax issues, the IRS Fresh Start Initiative, Offer In Compromise and much more. Our Top Tax Attorneys, Accountants and Tax Experts are standing by ready to help you resolve or settle your IRS back tax problems.

Advance Tax Relief is rated one of the best tax relief companies nationwide.  

Call our team today at 800-790-8574 for more information. For a free consultation, schedule an appointment with us online.

Feel free to also learn about us and contact us via www.advancetaxrelief.com.

However, it doesn’t matter where you live, we service taxpayers nationwide.

We have settled millions in back tax penalties and interest for our clients nationwide.

Advance Tax Relief is a Professional Tax Relief Organization



OTHER LINKS:

Advance Tax Relief http://www.advancetaxrelief.com/audit-representation.html

Advance On Wordpress: https://advancetaxreliefblog.wordpress.com/

Advance Tax Youtube: https://www.youtube.com/channel/UCBqQtYZOrJDcoQwyiOgEwHw

Advance Tax Relief on Instagram: https://www.instagram.com/advancetaxreliefusa/

Advance Tax Relief LA; https://www.inglewoodtaxlawyers.com

Tuesday, July 24, 2018

WHAT ASSETS CAN THE IRS SEIZE TO SATISFY YOUR BACK TAX DEBTS - TAX RELIEF ADVICE

you are seriously negligent in paying your IRS tax debt, you put your income and assets at risk of being seized. The IRS uses this extraordinary step to collect on debts when taxpayers have failed after repeated warnings to pay what they owe. Once this collective action is set in motion, it can set you up for immediate financial hardships. You can take actions now to pay your delinquent tax obligation by realizing what assets and types of income that the IRS can legally seize to satisfy your debt.

ARE YOU FACING UNPAID TAXES?


IRS BACK TAX PROBLEMS? TAX ATTORNEYS STANDING BY (800)790-8574

ADVANCE TAX RELIEF LLC
www.advancetaxrelief.com
BBB A+ Rated
Call (800)790-8574

***We have successfully resolved millions in back taxes for our clients.





ITEMS THE IRS CAN SEIZE

When it comes to satisfying the debt you owe to the federal government, the IRS can seize just about any kind of asset that has equity and can be resold for cash. In general, it can lay claim to everything from expensive jewelry you own to investments you have been making to save up for retirement.

Further, you typically will have no way to reclaim these assets once they have been seized by the IRS. They will be sold off relatively quickly, usually at an auction that is open to the public. The money raised from the sale is then applied to the tax debt that you owe to the IRS. The goal of seizing assets is to satisfy the debt as quickly as possible since you failed to pay it off yourself.


ASSETS ELIGIBLE FOR SEIZURE

The IRS can seize any asset that you do not need for your basic survival and shelter. Some of the most common assets that are seized and then sold to satisfy tax debts include:

vehicles including boats, RVs, cars, and motorcycles
fine jewelry especially those made from gold, silver, or other precious metals
second and vacation homes
retirement accounts
savings accounts
life insurance policies
certain government benefits


The IRS does not view these types of assets as critical to your survival or shelter nor that of your family. They also have enough equity in them that they can be liquidated for their cash value. The cash raised from the sale is then applied to your tax debt.

You should realize, however, that if you owe the IRS under $5000, your assets may not necessarily be seized and sold off. Instead, the IRS will seek to satisfy this smaller amount through other means including garnishing your income and seizing your federal tax refunds.

WAGE GARNISHMENT

If the IRS decides to garnish your wages, it does not have to go to court to request an order to do so. Unlike other types of creditors, the IRS can simply begin garnishing your wages and even take a higher percentage than allowed by other bill collectors.

The garnishment will continue until your entire tax debt has been paid in full. Only after your account is satisfied will the levy against your wages be released.

Further, quitting your job or not working altogether will not excuse you from having to repay your tax debt. In fact, even if you are unemployed, the IRS may find other sources of income to seize to pay off what you owe. It can garnish sources of income like:

Social Security benefits
unemployment
welfare or public assistance
worker's compensation payments
It cannot legally seize money that you must pay in back child support. It also cannot lay claim to money that you receive from Social Security disability payments.


ITEMS THE IRS CANNOT SEIZE

While the IRS has the right to seize a wide variety of assets and sources of income, it cannot legally lay claim to others especially those that you and your family need to survive on a daily basis. For instance, it cannot seize your primary residence or the car you use primarily to go to work or school. Seizing these assets would leave you and your family homeless and without a way to earn an income.

Second, it cannot seize clothing, tools, or other supplies that are necessary to go to work or school. It cannot lay claim to furniture that is valued at or under $7720. It also cannot seize work tools that are valued at or under $3520.

While it technically has the right to seize sources of income like unemployment benefits and welfare payments, it typically will avoid doing so if these payments are your only source of income. However, it has the right to claim up to 15 percent of your Social Security payments or survivor's benefits to pay off your federal tax debt.

Finally, the IRS cannot seize any asset that has no equitable value out of spite. If a car or home, for instance, has no value and cannot be sold at auction, it must be left in your possession. Assets that do not have value that can be sold for cash must be excluded from being seized by the IRS.


PREVENTING SEIZURE OF INCOME AND ASSETS

The best way to avoid having your assets seized and wages garnished is to file your taxes and pay what you owe on time each year, also contact Advance Tax Relief for help. However, if you cannot fulfill either of these obligations, you should communicate with the IRS and be honest about your financial situation.

You could be eligible for a payment arrangement, which would allow you to pay off your debt in monthly payments. The arrangement will take into consideration:

how much money you make
your household size
how much you pay in rent, utilities, and other basic expenses
the total value of your assets
The IRS will then determine a monthly amount that you should be able to pay toward your debt.

In extraordinary situations, your tax debt could be forgiven. Forgiving a tax debt is a rare occurrence. However, it could be possible if you experience hardships like:

high medical costs
divorce
death of an immediate family member
terminal illness
job loss
slowing down of your business
The IRS will ask for proof of these hardships before forgiving your tax debt.

The IRS has the right to seize a number of different assets to settle your tax obligation. This action is typically only taken when you are seriously delinquent in paying what you owe. You can avoid it by setting up a payment arrangement with the IRS or asking for a tax debt forgiveness if you experience certain hardships.

So, if you have IRS Problems, Owe Taxes, have Past Due UnFiled Tax Returns and need IRS HELP – Take action today! You should work with a nationwide tax relief firm. Call Advance Tax Relief (800) 790-8574

GET TAX RELIEF HELP TODAY

If you think that you may need help filing your 2017 tax return and past due tax returns, you may want to partner with a reputable tax relief company who can help you get the max refund and reduce your chances for an IRS AUDIT.

Advance Tax Relief is headquartered in Houston, TX with a branch office in Los Angeles, CA. We help many individuals just like you solve a wide variety of IRS and State tax issues, including penalty waivers, wage garnishments, bank levy, tax audit representation, back tax return preparation, small business form 941 tax issues, the IRS Fresh Start Initiative, Offer In Compromise and much more. Our Top Tax Attorneys, Accountants and Tax Experts are standing by ready to help you resolve or settle your IRS back tax problems.

Advance Tax Relief is rated one of the best tax relief companies nationwide. 

Call our team today at 800-790-8574 for more information. For a free consultation, schedule an appointment with us online.

Feel free to also learn about us and contact us via www.advancetaxrelief.com.

However, it doesn’t matter where you live, we service taxpayers nationwide.

We have settled millions in back tax penalties and interest for our clients nationwide.

Advance Tax Relief is a Professional Tax Relief Organization



OTHER LINKS:

Advance Tax Relief http://www.advancetaxrelief.com/audit-representation.html

Advance On Wordpress: https://advancetaxreliefblog.wordpress.com/

Advance Tax Youtube: https://www.youtube.com/channel/UCBqQtYZOrJDcoQwyiOgEwHw

Advance Tax Relief on Instagram: https://www.instagram.com/advancetaxreliefusa/


Advance Tax Relief LA; https://www.inglewoodtaxlawyers.com

Monday, July 23, 2018

HELPFUL TIPS FOR RESOLVING YOUR UNFILED BACK TAXES - TAX LAWYERS

The IRS expects you to file and pay your taxes on time each year. When you fall behind with your returns, you put yourself at risk of steep fines and penalties and collection activities like wage garnishments or bank levies. You can get caught up with filing your returns and settle your back taxes by using these strategies.


DO YOU NEED IRS TAX HELP?

SCHEDULE A FREE CONSULTATION WITH OUR TAX EXPERTS

ADVANCE TAX RELIEF LLC
www.advancetaxrelief.com
BBB A+ Rated
Call (800)790-8574

***We have successfully resolved millions in back taxes for our clients.



Don't Avoid Talking to the IRS


The first strategy you should use involves keeping an open line of communication with the IRS about your tax situation. It is crucial that you do not ignore the IRS' phone calls and letters. Ignoring these attempts to communicate with you will only make your situation worse. Your back tax issue will not go away simply because you ignore it.

Instead, you should keep in contact with the IRS and fully explain your situation to them. The IRS may be able to help you work out a resolution to settle your account and help you avoid collection activities like wage garnishments, bank levies, and seizure of your assets.

Depending on your circumstances, you might be able to request a hardship deferment for paying your back taxes. A hardship deferment may be granted if you:

lost your job
suffer from a serious medical condition or disability
experienced the death of an immediate family member
were recently divorced
You should consult with a tax professional before asking the IRS for a hardship deferment to ensure you qualify for it.

Ask for a Penalty Waiver


When you owe back taxes, the amount will be increased by penalties and interest. These extra fees can make paying your tax debt more difficult.

You can ask the IRS for a penalty waiver, however. When you request a penalty waiver, you could possibly have these extra costs eliminated, allowing you to owe just the back tax balance. You may need to speak with a tax professional to make sure you qualify for a penalty waiver, however.

Submit Your Current Tax Return on Time


While you are dealing with your back tax issue, it is crucial that you continue to file and submit your current tax return on time each year. You should file the most current tax return while your account is under review by the IRS.

You should also ensure you file your current year's return on or before the April filing deadline. If you owe taxes for the current tax year, you should ask the IRS for a payment arrangement so you do not fall further behind with what you owe to the government. You can request either an installment agreement or another type of payment arrangement to demonstrate to the IRS that you are willing and ready to pay on what you owe for this tax year.

Give Priority to Your Back Tax Returns

You should also give priority to filing and submitting your back tax returns. The IRS is the most powerful creditor in the country and can use a variety of collection activities to recoup what you owe to the government. If you fail to pay what you owe, it can use a variety of methods to collect on your debt including:

Wage garnishments
Bank levies
Seizure of property
You want to pay off the debt as quickly as possible to avoid these collection attempts and the financial hardship that can come with them.

Use a Credit Card to Settle Your Balance


If possible, you should use a low interest rate credit card to settle your account with the IRS. By using a credit card with a low interest rate on it, you can satisfy your tax debt and repay your credit card over the course of several months.

Using a credit card can be a better option than utilizing a payment arrangement with the IRS because it satisfies your debt in a single payment. You also avoid penalties and fees that can come with paying off what you owe to the IRS through a monthly installment arrangement.

Start with Your Last Year's Tax Filing


While you are dealing with your back taxes, you can get organized and ready to pay off what you owe by starting with the last year that you filed taxes. You should get copies of earning statements and other paperwork from that year and then every year after that for which you failed to file taxes.

If you do not have the original income earning statements on hand, you can get copies from your local IRS office. You should also consult with a tax professional who can double check the numbers on your back tax returns and make sure you will not be penalized for failing to report an accurate amount of income for each year.

Figure Out How Much You Owe the IRS


As you file your back tax returns, you should go through each one and make sure it is prepared according to the IRS instructions. At the end of each form, you will find out how much you owe the IRS or if the IRS owes you a refund.

If you are not sure of your filing capabilities, you should contact Advance Tax Relief to look over your returns to make sure the math is correct. Your tax pro can catch any costly errors before you submit your returns.

Submit the Past Tax Returns with a Small Payment for Each Debt
When you send in your tax returns, you should submit $5 for each tax debt that you owe. Sending in $5 for each tax debt will immediately get you back into compliance with the IRS. It also will show the IRS that you are serious about starting to repay what you owe right away.

Ask for a Payment Arrangement on What You Owe


If you cannot pay in full what you owe, you should ask the IRS to allow you one of the available payment options for your tax debt. These options include:

An Offer in Compromise or OIC
Currently Not Collectible Status or CNC
A monthly installment agreement
Monthly credit card withdrawals
Check withholding
These options satisfactorily address your back tax issue and in some instances allow you to pay off what you owe in a manner you can best afford.

Get Help from a Tax Specialist

If you are entirely unsure of how to best deal with your back tax issue, you should hire a tax specialist to assist you. Your tax professional can suggest the best methods for resolving your debt.

He or she may also be able to help you settle your tax debt for less than what you owe. A tax professional can advise you on how best to deal with the IRS whenever you owe back taxes.

The IRS will collect on debts that you owe to the government from past tax years. Rather than have your wages garnished or your assets levied or seized, you can resolve your tax debts by filing your back returns and asking for penalty waivers, payment arrangements, and other courtesies. A tax professional can best advise you on how to deal with filing back returns and satisfying your account with the IRS.

So, if you have IRS Problems, Owe Taxes, have Past Due UnFiled Tax Returns and need IRS HELP – Take action today! You should work with a nationwide tax relief firm. Call Advance Tax Relief (800) 790-8574

GET TAX RELIEF HELP TODAY

If you think that you may need help filing your 2017 tax return and past due tax returns, you may want to partner with a reputable tax relief company who can help you get the max refund and reduce your chances for an IRS AUDIT.

Advance Tax Relief is headquartered in Houston, TX with a branch office in Los Angeles, CA. We help many individuals just like you solve a wide variety of IRS and State tax issues, including penalty waivers, wage garnishments, bank levy, tax audit representation, back tax return preparation, small business form 941 tax issues, the IRS Fresh Start Initiative, Offer In Compromise and much more. Our Top Tax Attorneys, Accountants and Tax Experts are standing by ready to help you resolve or settle your IRS back tax problems.

Advance Tax Relief is rated one of the best tax relief companies nationwide. 

Call our team today at 800-790-8574 for more information.
For a free consultation, schedule an appointment with us online.

Feel free to also learn about us and contact us via www.advancetaxrelief.com.

However, it doesn’t matter where you live, we service taxpayers nationwide.

We have settled millions in back tax penalties and interest for our clients nationwide.

Advance Tax Relief is a Professional Tax Relief Organization



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