IRS Cutting Staff and Expenses What this means for your Back Taxes
The latest news of the IRS closing down some locations is great since it saves taxpayers an average of $40 million. What does this mean to the large number of taxpayers that are in need of assistance?
There are many reasons why someone may fall behind on their tax payments. The economy of today has led to job losses and extended periods of unemployment, and hard working citizens that have always managed to pay their taxes on time in the past are unfortunately the ones that seem to be affected the most. When tax time rolls around, taxpayers are finding that they simply do not have the means to pay, and this can lead to late filing and in some cases, complete avoidance of filing altogether. The IRS is completely aware of the economic crisis, and is a lot more flexible with taxpayers than in previous years. Although they are flexible, taxes still need to be paid or arrangements need to be made as soon as possible to avoid mounting late fees and penalties. Contact a tax resolution company as soon as possible to prevent further complications.
The IRS offers a variety of payment plans and options for taxpayers that are unable to pay their tax on time, as well as taxpayers that are in need of assistance with back taxes. But to get to that point, taxpayers must prove that they are in need of such assistance. Many individuals and business owners are unfamiliar with tax terminology, and although the IRS is flexible, there are simple mistakes that one can make if they are not familiar with or experienced in the areas of debt negotiation and Back Taxes. One slip up on a payment plan can cause the taxpayer to default, and this can be the end of their installment agreement. By working with a skilled and professional tax resolution company, taxpayers can rest assured that a professional tax specialist will guide them through the negotiation process.
"We get involved immediately. Once you are a client of ours, we will action right away. Whatever the current situation, we will help immediately. Typically, most of our clients wait till the last moment or have exhausted all other resources. We are prepared to take IMMEDIATE ACTION." - Platinum Tax Defenders.
When a taxpayer owes back taxes or a large current tax, they will often wait as long as they possibly can before attempting to contact the IRS, mostly due to anxiety caused by the fact that they simply cannot pay the entire amount of tax owed. The longer tax payments are avoided, the more fees and penalties are added on to the total amount, and all of a sudden, a taxpayer may find themselves in debt to the IRS for thousands of dollars. This is where Platinum Tax Defenders tax resolution professionals will step in and take away the anxiety and fear. They are skilled and professionals who work diligently to set their clients up with low lump sum payments or payment plans, and they offer immediate assistance to their clients that are in danger of levies and wage garnishments.
Contact Platinum Tax Defenders for a free consultation at 877 668-1807
Page Updated Last on: Oct 31, 2012