Taxes can be complicated. It may be hard to figure out what you are supposed to do even when circumstances fall in your favor. So while a lot of workers may need to do nothing more than enter the information from their W-2 forms into their tax return, there is a bit more involved if you have taken any retirement account payouts, if you’re a small business owner, if you are an interstate worker who has to pay out-of-state taxes, or even if you’ve just had capital gains to report. Worst of all, it doesn’t take tax errors very long to start accumulating penalties and interest. When these add up, it might be time to get tax resolution experts like Community Tax to negotiate a relief package for you.
Letters from the IRS are scary.
Just seeing the return address on an envelope from the IRS is enough to strike at least a tiny bit of fear into most taxpayers, even if they are certain that they haven’t done anything wrong. But when those letters start mentioning levies, or the possibility that your wages may be subject to garnishments, that fear starts growing by leaps and bounds. Some taxpayers will try to set up a payment plan, if they can. Others may just be completely unaware of their options or have no choice but to let their tax debt pile up. But there is always the possibility that a resolution can be negotiated so that a large tax bill becomes more manageable.
There are probably more options than you realize.
Obviously, the U.S. tax code contains numerous provisions that taxpayers haven’t the least idea of. The problem, however, is that most of us don’t even know about the parts which not only pertain to individuals but may also be extremely helpful. There are things like Offer in Compromise and Penalty Abatement that can be life-changing, yet a great many people have never even heard of them. This is why we sometimes need experts to assist us, and Community Tax offers trustworthy affordable assistance in negotiating with the IRS, so that their clients receive the best relief package possible for their specific circumstances.
Taking the first step.
The first thing to do when faced with the threat of garnishments, liens, or levies is to find out what your options are. Community Tax has a resolution process that is broken into two phases. Instead of asking for a large upfront fee, the company will assess your specific financial and tax situation for a nominal fee, then explain the various services that would best fit your needs and the exact fees associated with implementing them. Community Tax takes pride in the transparency of their process, so you will never be surprised by hidden costs.
There’s never been a better time to seek help.
The newly passed American Rescue Plan has multiple new tax advantages for individuals, including health insurance, child care, family and sick leave, even expanding eligibility for the earned income tax credit. So there may be help available to settle recent tax debt that didn’t exist before. And, now, there is an established company in a fragmented market who can guide you through the entire process, negotiating for you and keeping you informed every step of the way in an honest, ethical manner. Former clients are well-satisfied, such as Richard Mayhew, who says:
“Very happy with Community Tax, they did what they said, and kept me updated along the way. My tax problem is over!”
Consumers with serious tax situations who are interested in settling with the IRS or their State, or even just avoiding additional fees and penalties, would do well to consult Community Tax. Not only is their cost lower than their competitors, which is rare for such a large company, but the transparency of their business practices are as reassuring as their expertise.