Services of Tax Relief Specialists

Last updated on August 9, 2021

When taxpayers plan to pay their tax debt, they think of hiring the services of tax relief specialists. That is because tax experts are professionals who have in-depth knowledge and expertise in tax laws, various tax codes and IRS policies, which is essential in negotiating a tax case with the IRS.

Tax relief specialists include tax attorneys and enrolled agents who deal with cases of tax debt, tax fraud, removal of liens and levies among others. Most taxpayers hire their help for cases of tax debt.

After taxpayers decide to pay their tax debt, they are required to choose an IRS debt payment program. All IRS debt payment programs have guidelines that need to be met. Taxpayers take the help of tax relief specialists to negotiate the terms and conditions of an IRS debt payment program so that they may pay off their tax debt comfortably. Tax specialists provide services for:

• Reduction of tax debt
• Reduction or dismissing of IRS penalties
• Innocent spouse relief
• Extension of time to pay tax debt
• Appeals to the IRS
• Recovery of payroll taxes

Tax Relief Specialists & IRS Payment Programs

Another important service tax relief specialists provide is to help taxpayers choose the right IRS debt payment program. The IRS has four major debt payment plans namely:

• Installment Agreement
• Offer in Compromise
• Currently Not Collectible
• Partial Payment Installment Agreement

For qualifying taxpayers for a tax debt payment plan, the IRS considers the financial condition of taxpayers who want to pay off their tax debt. That is an important factor that can mean the difference between being rejected or accepted for an IRS debt payment plan. Tax relief specialists inform taxpayers about the advantages and disadvantages of every tax debt payment program and help them in choosing the one that suits them best.

Depending on the financial condition of a taxpayer, the amount of tax debt to be paid, the time duration of owing taxes and the willingness of a taxpayer, tax relief specialists apply for an IRS debt payment program. Their knowledge of tax laws, various tax codes and IRS policies makes them the right choice for negotiating the terms and conditions of a debt payment plan with the IRS.

As the IRS mostly looks to get back the entire tax debt money instantly, they usually ask taxpayers under tax debt to pay the entire amount in a single payment. As most taxpayers cannot afford that, they need to choose a debt payment plan that can reduce their tax debt, postpone it or allow them to pay it in monthly installments.

Tax relief specialists provide essential help in effective and quick resolution of tax problems. They make sure that taxpayers get a smooth and stress-free resolution of their tax issue without delay. That is why most American taxpayers prefer to hire the services of tax relief specialists to ensure successful and speedy resolution of their tax problems.