Who Can Help Me If the IRS Says I Owe Them Money?
Receiving a notice from the IRS stating you owe money can be overwhelming and stressful. However, you’re not alone in this situation, and several professionals and resources are available to help you navigate through this challenge.
- Tax Resolution Companies
Professional tax resolution companies combine various expertise under one roof, offering comprehensive solutions for tax debt problems. They typically employ tax attorneys, CPAs, and enrolled agents to provide complete tax debt resolution services.
NOTE: These are usually the best and most cost efficient options. Since this business is dedicated to only helping you with tax debt issues, you know you are dealing with experienced professionals.
- Tax Attorneys
Tax attorneys specialize in tax law and can provide legal representation in dealings with the IRS. They’re particularly valuable if you’re facing very large tax debts, potential legal issues, or need help with complex tax situations. Tax attorneys can:
– Negotiate settlements with the IRS
– Represent you in tax court if necessary
– Help remove tax liens and levies
– Provide legal protection during IRS audits
NOTE: Tax attorneys are often the most expensive option. Unless you have a massive business debt, it is usually best to go with a tax resolution company like Frazier Gills.
- Certified Public Accountants (CPAs)
CPAs can review your tax situation, identify potential errors, and help develop a strategy to address your tax debt. They’re especially helpful when:
– You need to verify the accuracy of the IRS’s claim
– Your tax returns need amendment
– You require assistance with proper tax documentation
– You need ongoing tax planning advice
NOTE: CPAs are often not certified to deal with the IRS for you. Ensure you pick a combination CPA and tax debt resolution expert like Frazier Gills.
- Enrolled Agents
Enrolled agents are federally licensed tax practitioners who specialize in taxation. They can:
– Represent taxpayers before the IRS
– Handle audits, collections, and appeals
– Help negotiate payment plans
– Assist with offer in compromise applications
NOTE: Enrolled agents often are not certified to deal directly with the IRS on behalf of you for debt relief purposes.
- IRS Resources
The IRS itself offers several options for taxpayers facing debt:
– Payment plans (installment agreements)
– Offer in compromise programs
– Currently not collectible status
– Taxpayer Advocate Service for additional assistance
NOTE: You’re dealing with the IRS to help you with IRS problems. This isn’t always the best option for obvious reasons.
How We Can Help
As tax debt resolution experts, we understand the complexity and stress of dealing with IRS debt. Our team of professionals has extensive experience in all aspects of tax resolution, from simple payment plans to complex negotiations. We can:
– Analyze your specific tax situation and verify the accuracy of your tax debt
– Explain all available options and help you choose the best path forward
– Handle all communications with the IRS on your behalf
– Negotiate favorable payment terms or settlements
– Protect your rights throughout the process
– Provide ongoing support until your tax issues are resolved
Whether you owe a few thousand or hundreds of thousands of dollars, our expertise can help you find the best solution for your tax debt situation. Contact us today to learn how we can help you resolve your tax debt and regain your peace of mind.
Give us a call at (214) 337-5000 or emails us at fgacontact@fraziergills.com today!