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What Is IRS Tax Relief | Flat Fee Tax Relief | Florida

Updated: Oct 16

FLAT FEE TAX RELIEF


IRS TAX DEBT RELIEF - TAX DEBT HELP


While your tax returns are something you deal with every year, they will sometimes fall to the wayside for a variety of reasons. Circumstances such as losing a job that is beyond your control can cause your tax bill to skyrocket out of your financial hands. You may end up needing tax debt relief help. First, let’s break down just what tax debt relief is. This article is provided by the tax professionals at Flat Fee Tax Relief who provide valuable tax debt help at a very affordable fee. it is always to an individual's advantage to be represented by a licensed IRS representative. Our teams are located in Clearwater, Florida, and San Diego, CA.



Breaking it down, tax debt relief are incentives and programs designed by the IRS to accomplish two (2) goals. One goal is to collect money (the total amount isn't necessarily important) and the second goal is to close a file. Examples include tax credits, penalty abatement's, and other temporary incentives, allowable deductions for pension contributions and tax debt forgiveness and the removal of any tax liens. Your specific tax situation will determine the best form of tax debt relief for you. It’s important to bear in mind the fact that the IRS does not openly promote tax debt relief because they settle far less cases when a taxpayer represents themselves. That’s why it’s good to seek out a reputable tax service to explore your tax debt relief options and determine which is best for you.

The Benefit Tax Debt Relief Help Provides

An effective tax professional can lower your tax bill, so why don't we dive a bit deeper into its benefits of tax relief help. If you’re unable to pay your tax bill in full, the IRS can and will garnish your wages. You work hard for every penny you make, and having the IRS cut into your income and/or levy (seize) your bank account can throw your budget, financial health, savings plans, retirement and more out of whack. With tax debt relief, you can put a stop to garnishments, getting the IRS out of your hair and bringing balance to your financial health at the same time.



It may be that instead of garnishing your wages, the IRS instead goes straight for the financial jugular and hits you with a bank levy. When that happens, the IRS siphons funds directly from your bank account. You may log into your account and discover your funds have been frozen and money sent to the IRS. Worse, you could discover your funds have been frozen while trying to make a purchase with your debit card, leaving you in quite the bind. A tax debt relief strategy takes care of the bank levy so you can bank, swipe and spend without worry. Garnishment and Levy Release

IRS garnishment and tax levy release is one type of tax debt help that the tax professionals at Flat Fee Tax Relief offers. Even if you don’t currently have an IRS garnishment on your wages or an IRS levy on your bank account, you could be a prime target for both enforcement actions in the future. If you are, our teams of IRS professionals can prevent that from happening in the first place.


THE TAX PROFESSIONALS AT FLAT FEE TAX RELIEF ROUTINELY HAVE AN AN IRS GARNISHMENT STOPPED AND RELEASED WITHIN ONE DAY.

Installment Agreement

An IRS installment agreement is another form of tax debt relief. How an IRS payment plan works is you break your total tax bill down into monthly payments, which include interest and penalties. This can make a large bill digestible, which keeps the IRS happy because the agency is collecting money and a payment plan will close the file. A taxpayer may agree to an IRS installment agreement right away because they want to avoid a confrontation with the IRS and just agree to it. Having a tax professional handle your tax debt does not anger the IRS. The IRS prefers a taxpayer not seek a licensed 3rd party is because the agency will have to do more work. They always prefer to have a quick resolution so they can move to the next file. There are no shortages of current files.



Offer in Compromise

Many times, a taxpayer may feel that the amount owed to the IRS is one that will never be able to pay off. Penalties and interest will continue to grow. An Installment Agreement will have you paying twice the amount of tax debt owed by the time you finsh. As an alternative, you can look into what’s known as an Offer in Compromise. How this tax debt relief option works is this: the IRS has a complicated financial formula that will determine who receives an IRS settlement and will not. Most Offer in Compromise rejections are either taxpayers who attempted to do their own settlement or they are settlement submissions that had little hope of success made by unscrupulous tax relief companies who don't care what the outcome is.


THE TAX PROFESSIONALS AT FLAT FEE TAX RELIEF HAS A 96% OFFER IN COMPROMISE SUCCESS RATE. PER IRS STATISTICS THE AGENCY APPROVES APPROXIMATELY 42% OF THE SETTLEMENTS SUBMITTED.

FLAT FEE TAX RELIEF

1-866-747-7435

FREE NO OBLIGATION CONSULTATION


https://www.flatfeetaxrelief.net


https://flat-fee-tax-relief-tax-debt-help.business.site


https://www.flatfeetaxservice.net

IRS Tax Relief Programs

 Flat Fee Tax Relief - 1-866-747-7435

Clearwater, FL - San Diego, CA

Coast to Coast

Very Affordable Tax Debt Help

IRS Tax Relief Programs