Three of the most frightening words in
the English language are Internal Revenue
Service. Few government agencies can strike fear into the heart of citizens
like the IRS, and the tax agency enjoys powers most parts of the government
simply do not have.
Unlike those other government agencies,
the IRS has the ability to garnish your wages, freeze your bank accounts and
seize your property. If you owe money to the IRS, doing nothing is simply not
an option.
But should you negotiate with the agency
on your own, or is hiring a tax resolution expert the better choice?
As an expert Tax Resolution Firm ourselves, we encourage all readers facing a tax problem to contact us for a free consultation.
But lets dive into the pro’s and con’s of
hiring a tax relief firm so you can decide for yourself.
The
Benefits of a Tax Resolution Service
If you owe back taxes to the IRS, there
are some definite benefits to hiring a tax resolution service. These companies
exist for a reason, and they can provide a way out for taxpayers who feel
overwhelmed by the whole process. Here are some of the biggest benefits of
working with a tax resolution service.
#1
You will not have to deal with the IRS directly. No one likes
dealing with the IRS, and when you work with a tax resolution service, you will
not have to. You interact solely with the tax resolution service, and they deal
with the IRS on your behalf.
#2
You gain years of expertise. The best tax resolution services are staffed with
tax experts, men and women with a deep knowledge of the tax code and how it
works. This specific expertise could be the key to getting the best deal, one
that saves you money while avoiding the wrath of the IRS.
#3
It could help you resolve your tax issues more quickly. Having an IRS
problem hanging over your head is stressful and unpleasant, and the sooner you
get it resolved, the better. Engaging with a tax resolution company could help
you resolve your IRS problems faster, so you can get on with the rest of your
life.
#4
You could strike a better deal. Negotiating with the IRS on your own can be
intimidating, and the tax agency may not offer you the best terms. Tax
resolution services are used to dealing with the IRS, and they may be able to
drive a better bargain.
The
Potential Drawbacks of Tax Resolution
Working with a tax resolution service
makes sense on many levels, and taxpayers can enjoy a number of important
benefits in the process. Even so, there are some potential pitfalls to working
with such a company, and you need to weigh the pros and cons yourself. Here are
some of the possible drawbacks of working with a tax resolution company.
#1
You will typically have to pay a fee. Nothing in life is free, including tax
resolution services. You will generally need to pay a fee for these services.
If you owe less than $10,000 then it might make more sense to handle the case
on your own.
#2
Not all companies are reputable. The world of tax resolution services can
be a difficult one to negotiate, and not all services can deliver what they
claim. It is important to do your homework and choose your tax resolution
provider with care.
#3
It can take time for your case to be resolved. While some tax
problems can be resolved almost instantly, others could take months, maybe even
years to work through. Whether you hire a tax resolution service or not, you
need to be prepared for a long journey.
#4
You will be giving up some control. When you hand your tax problems off to a
third party, you also hand off control of your tax situation. This can also be
liberating knowing that someone else has your back and their job is to help you
find tax relief.
Whether you receive a big tax bill instead of the expected refund or owe thousands of dollars in back taxes from an audit, dealing with the IRS is no fun. The desire to hand that task off to an expert is certainly understandable, and in many cases, it is the best move you could make.
Now that you know the pros and cons of
working with a tax resolution service, you can make the wise choice – and put
your tax problems behind you.
If you want an expert tax resolution attorney who knows how to navigate the IRS maze, reach out to our firm and we’ll schedule a no-obligation confidential consultation to explain your options to permanently resolve your tax problem. Contact us today.
Patrick “PJ” Best is one of the areas foremost Tax Resolution Attorneys. He has been representing taxpayers who owe the IRS, but simply cannot afford to pay. Attorney Best is known for exceptional customer service and his “24 Hour Returned Phone Call Guarantee” which has resulted in being named as a “Top 10 Best Bankruptcy Lawyers in Pennsylvania for Customer Service” by the American Institute of Bankruptcy Attorneys.