Owe Back Taxes? Barry Fowler of Taxation Solutions, Inc. Offers Three Helpful Tips

WINTER PARK, Fla. - April 10, 2013 - PRLog -- Barry Fowler, EA, a leading expert in tax resolution issues and the Founder and Director of Taxation Solutions, Inc. (http://www.taxationsolutions.net), knows that owing back taxes to the IRS can be overwhelming and extremely stressful. “As the 2012 tax season comes to a close, many taxpayers are delaying filing their returns out of fear that they will owe the government,” he remarked. With years of experience in dealing with the IRS, Mr. Fowler is not a novice to the tax resolution process. Recently, he revealed three basic, yet important, tips to help start the process of a satisfying resolution with the IRS.  

DON'T PANIC!

What would be your first reaction if you got a letter from the IRS saying you owed let’s say $50,000 in back taxes? The normal and probable answer would be to PANIC! Panicking is a normal response, however it often leads to rash decision making, which is never a good thing in a situation involving the IRS. It is important that you stay calm and realize this: Just because the IRS says you owe a certain amount doesn't mean you actually do.

TAKE ACTION

Procrastinating is the easiest way to have the IRS take your savings, garnish your paycheck or even take your home. Doing nothing when it comes to dealing with the IRS is the worst thing. The IRS is the biggest collection agency in the country and one that has far more reach than just posting something to your credit report. If you want to ensure that your financial future is in peril, the best way is to do nothing. The IRS can and will garnish your paycheck, close your business or seize your assets to resolve a debt.  

NEVER DO IT ON YOUR OWN

Dealing with the IRS on your own is the last thing you want to do. This would even be the case if you and an IRS Agent were the last two human beings left on earth! In all seriousness, the IRS is not there to help you. Their goal is the collection of money for taxes. They are not here to help you with your finances nor make sure your rights are upheld. Resolving an IRS tax issue is a lengthy process and it takes dedicated time and knowledge of the tax code to be successful. The IRS is hoping that you would try to settle the debt on your own, because they know that more than likely you are not a trained professional in taxes or tax resolution. It is always in your best interest to consult a professional in this matter. An experienced tax attorney or enrolled agent can negotiate and settle the matter with the IRS.

Barry Fowler often emphasizes that tax issues can happen to anyone - not just the “average” American. You can easily search online for a slew of actors and entertainers who are currently dealing with tax issues, or have done so in the past. He encourages anyone who is dealing with tax issues to understand that they are not alone and that there are proven ways to help resolve the issues quickly.

“It is easy to feel helpless when you receive that letter in the mail from the IRS saying that you owe for back taxes or face the threat of getting a lien placed against you,” said Mr. Fowler. “But, as a taxpayer you do have rights and Taxation Solutions’ goal is to enforce those rights.”

Because of his expertise and contributions to his profession, Barry Fowler was featured as one of America's PremierExperts® and Trendsetters in Inc Magazine. Additional information about Fowler and Taxation Solutions, Inc. is available at http://www.taxationsolutions.net or by calling the firm’s office at 281-463-3430. Taxation Solutions is a Houston based company that services the local Houston area and the entire US.

About Barry Fowler:

Barry Fowler is licensed to represent taxpayers before the Internal Revenue Service (IRS) and is a longstanding member of several tax industry professional organizations including the National Association of Enrolled Agents (NAEA), National Association of Tax Preparers (NATP), Texas Society of Enrolled Agents (TSEA), and the American Society of Tax Problem Solvers (ASTPS).  With experience in the tax and finance industry spanning  over twenty years, Fowler’s expertise includes tax resolution, personal financial planning, tax return preparation, financial statements, and general ledger bookkeeping.  He has been instrumental in helping hundreds of people resolve complex tax issues with the IRS.    

Fowler’s Taxation Solutions, Inc. reaches out to people throughout the entire United States.  With a genuine concern for the IRS issues his clients face, he states, “We are here to help them (clients) fight the IRS.  We are experts in this industry and our knowledge surpasses most tax firms.  We will do what we say we will do.  We do not give our clients empty promises and we stand behind the promises we make.  We look at each case objectively and honestly convey to our clients their best options.  We have been highly successful in exceeding our clients’ expectations.”  He continues, “I started Taxation Solutions, Inc. because I was seeing people experience more and more tax problems and I wanted to provide a way to address this growing trend.  I believe the thing that makes us different than any other tax resolution service is the knowledge of our staff and the fact that we follow through on what we say.”