As a successful professional, I never thought I would require the services of a tax resolution firm. But, when the company I worked for eliminated my position, I decided to freelance my services instead of going to work for another company in the same industry. It was the best decision of my life, and one that landed me in trouble with the IRS. My first year was not as profitable as I had hoped. I was making just enough to get by each month and not saving money for taxes. When the bill arrived, I could not pay it. Three years later, I still owed the back taxes, and the IRS was making my life miserable – until I hired one of the tax resolution specialists to resolve my case.
A well-respected tax resolution service, took my case and immediately began researching my situation. My tax resolution specialist discovered that my tax return was erroneously prepared, and that my tax debt should actually be less than originally stated. He then took a look at my financial situation as a whole, examining everything from my monthly income to my assets and liabilities.
An “offer in compromise” was an available option to me because I could only pay part of the tax debt but not the whole amount. My specialist said that in my case, what I could pay was more important than what I owed. He negotiated an installment plan, and I am now well on my way to paying off my old tax debt.
Throughout the entire process, the tax resolution firm was not only professional but also patient. I am a creative type and, admittedly, do not have a head for finances or complex tax law. My specialist took the time needed to fully explain my situation and what he was doing. I trusted him implicitly and he resolved my problem promptly and professionally before the IRS could deliver on its threats to levy my bank accounts.