2020 and 2021 have thrown a lot at all of us. From the world shutting down due to the COVID-19 pandemic to us moving into the “New norm” of how we do business, things have changed at a breakneck pace. The IRS has done its best to keep up with the constant changes from the CDC, and one of the biggest transitions has been the uptick in virtual settlements. Virtual settlements have happened previously, though taxpayers had to provide sufficient reasoning why they could not appear in person. It might seem strange at first, but these virtual settlements could become much more common as we move forward. Luckily, coming out ahead in virtual settlements can be similar to traditional settlements if you have the right representation. Here at Inside Out Tax, we know how to elevate issues with the IRS because we used to work for the IRS. Get a winning team on your side with Inside Out Tax Resolution Services.
File As Soon As Possible
Whenever you are trying to file a settlement or resolve an issue with the IRS, your response time is immensely important. If you receive something from the IRS, you should act as soon as practical. It is important to note that the IRS will not reach out to you via text message or email, so you should disregard any outreach done through these methods. By doing a lot of preparation and planning, you can help alleviate most issues before they arise. In most cases, you should contact an IRS specialist before responding to them, as there could be other options.
Set A Game Plan
Once you receive something in the mail from the IRS that trouble could be coming your way, you need to establish a plan on how best to proceed. These will always vary on a case-by-case basis, but the best thing you can do is to hire a group that knows the ins and outs of the IRS. Here at Inside Out Tax, our resident tax expert is extremely knowledgeable about mitigating issues with the IRS.
Make An Offer They Won’t Want To Refuse
One of the best ways to reach your goals is with comprehensive information. Try to be flexible but keep your goals in mind. Contrary to public opinion, the IRS wants to resolve the case in front of them as much as you do. They want to collect the whole amount but will resolve your case through different means if the information presented says otherwise. You can settle your case with the IRS if you communicate clearly, have comprehensive information to back up your situation, and know what the IRS is required to do in your particular situation.
If you are looking for expert representation with the IRS, contact Inside Out Tax Resolution Services today.