When you’re dealing with tax problems, it is essential to know what type of tax help you actually need. This can make the difference between solving the issue quickly and letting it spiral out of control. I’ve worked with clients who waited too long because they weren’t sure where to start.
Here are four types of issues you can receive tax help for:
- Filing Unfiled Tax Returns – This is the first and most important step for anyone seeking tax help. The IRS will not negotiate any type of repayment plan or debt relief until the last six years of returns are filed. I will gather records, prepare the missing returns accurately, and make sure they’re filed properly, so you’re compliant.
- Addressing Unpaid Taxes – After submitting unfiled tax returns, there is still the obstacle of paying unpaid taxes. This is tax help that I provide. Some options involve setting up an installment agreement, requesting “currently not collectible” status, or exploring other repayment options that fit your financial situation.
- IRS Debt Relief Programs – Tax help also includes navigating relief options such as penalty abatement. These programs can reduce the amount you owe. Some options are only available if you meet certain qualifications, and you need to provide the detailed documentation required by the IRS.
- State Tax Problems – Tax help isn’t just limited to the IRS; there are also state income tax issues. State agencies can be just as aggressive as the IRS, so navigating that process is just as important.
Tax help starts with understanding your specific situation, making progress to get compliant, and finding a resolution. Reach out today to learn more about how I can help you.