IRS Resolution FAQs
1. I got a letter from the IRS. What should I do?
Don’t ignore it. Most IRS letters and notices are about federal tax returns or tax accounts.
Don’t panic. The IRS and its authorized private collection agencies do send letters by mail. But nothing happens overnight. Take time to think and if you do not understand what is going on, call us.
Do take timely action. A notice may reference changes to your account, taxes owed, a payment request or a specific issue on a tax return. If you don’t act in time you may continue to accrue additional penalties and interests.
Do respond to a disputed notice, BUT Do NOT DO IT ALONE. If you do not agree with the IRS, and do not know what to do, hire an expert to help you. You need to respond to the notice, but it’s very important to take informed actions before you respond so your rights are protected. An experienced tax resolution expert can help you navigate this very complicated maze and present you with the best available options for your case.
Do remember that there is usually no need to call the IRS. If a taxpayer must contact the IRS by phone, they should use the number in the upper right-hand corner of the notice. The taxpayer should have a copy of the tax return and letter when calling.
2. How can I stop unnecessary penalties and interest?
Under certain circumstances, we can abate all penalties and associated interest and put money into your pocket. We’ll advise you of your rights, prepare an informed, thorough penalty abatement and fight for you until the matter is resolved.
3. How do I prevent the IRS from taking more enforced collection activity?
By retaining us to negotiate on your behalf, you’ll receive a hold on all collection activities by the IRS. With proper representation, you should not deal with the IRS alone if you have levies, garnishments, or any other severely enforced collection activities.
4. Why do you need representation?
Most tax matters are complicated. Without proper knowledge, you may not be able to exercise all your rights and options. Our specialty is tax negotiation. Bank levies, accounts receivable levies and notices of seizure are all signs that it is time to call us.
5. Will my Revenue Officer have a negative reaction to me hiring representation?
No! Revenue Officers have a heavy workload. By working with a tax Resolution expert, they see that you are serious about taking care of the liability.