Major tax problems of large tax amounts usually stem from 2 causes. It is either the taxpayer has fraudulently filed his returns or he has not been paying enough taxes over the years. If you have recently been saddled with a giant tax bill, here are a few places you can look for assistance with IRS debt.
In most cases, the first place to go to for assistance in IRS matters is the IRS office itself. The Internal Revenue Service has a reputation for being inflexible and even downright rude when it comes to dealing directly with people. Actually, the taxpayers are just as culpable in that they often yell and behave rudely to the IRS personnel (when it comes to money, it is easy to get hot under the collar). But if you treat your IRS agent with the respect he or she deserves and are prompt in responding to all IRS correspondences and contacts with you, the IRS will be more than willing to help you find a payment plan, or even a compromise, that will result in both sides being happy.
If you want an alternative to going to see the IRS, you can talk to an accountant instead. They do a lot more than just simple tax preparation. A good accountant knows the tax laws very thoroughly and can advise you on exceptions and exemptions you may be entitled to that can reduce or even eliminate your tax debt if that is possible. The worst situation here is that they will tell you that you don't have any other options other than to settle your tax debt.
If your accountant can't help, maybe a lawyer can. If you are positive that this tax debt is unreasonable or even unfair, then this is the next logical step. The earlier you approach a lawyer the better. You should not wait until the letters from the IRS gets nasty. The quicker you act and begin litigation, the stronger your case will be.
If you are really not able to settle your tax debt, you may need a bankruptcy lawyer. However, there are strict rules on what kind of tax debt you can write off and how. If your debt is due to you lying on your taxes, you can forget about getting any leniency. If you are trying to write off a recent tax bill that is less than 3 years old, you won't be able to do that either.
These are some places to obtain assistance with your IRS debt.
Darrin T. Mish is a veteran, nationally recognized tax attorney who has focused on providing IRS help to taxpayers for over a decade. He regularly travels the country training other attorneys, CPAs and enrolled agents on how to handle their toughest cases with the IRS. He is highly ranked among the top attorneys in the country, with an AV rating from Martindale-Hubbell and a perfect 10 on Avvo.com. Martindale-Hubbell has also honored him with a listing in their Bar Register of Preeminent Lawyers. He is a member of the American Society of IRS Problem Solvers and the Tax Freedom Institute. With clients on every continent but Antarctica, he has what it takes to solve your IRS problems no matter where you live in the world. If you would like more information about his practice and how he can help you, please call his office at (813) 229-7100 or toll free at 1-888-GET-MISH.
