Our Tips For Settling With The IRS

If you are struggling with back taxes, you probably don’t have much hope that the IRS is going to reduce what you owe for no reason. This is where Inside Out Tax Resolution Services comes in. Our former IRS Revenue Officer and Certified Tax Resolution Specialist can help mitigate what’s going on with the IRS and facilitate the best possible deal. Contact us to get your free consultation today.

Working With The IRS

The IRS is notoriously unforgiving and relentless.  They’re the most powerful creditor, having the ability to levy bank accounts, garnish wages, and seize assets.  For years, the IRS has had this fear-monger reputation, but this doesn’t mean you can’t work something out.

According to Eric Smith, an IRS Spokesman, the IRS is willing to compromise on the total amount owed “When the amount offered represents the most we can expect to collect within a reasonable period.” In other words, as long as your offer is reasonable to the IRS and they don’t believe that they will feasibly get any more than your offer from you in the immediate future.

The most difficult part of dealing with the IRS when you are looking to settle any existing debts is knowing who in the department to deal with and how much you should offer to settle. The road to settling can be extremely long and difficult. According to attorney Fran Obeid at MFO Law, P.C., “It’s typically a long haul due to the unfortunate underfunding of the IRS by Congress and the process the examiners must go through to analyze each offer.” We don’t expect you to be an expert at dealing with the IRS, which is why you can rely on Inside Out Tax Resolution Services for help.

How We Can Help You

Our resident tax resolution expert used to work for the IRS and has over a decade of experience resolving issues with the IRS. He understands how the IRS works and has mastered the best practices when it comes to handling tax problems.

If you owe back taxes, you can try to pay less than what you owe with the help of a knowledgeable tax resolution specialist. When you are dealing with the IRS, you need a team that will work for you, not against you. Let the expert team here at Inside Out Tax Resolution Services help realize your goals and resolve your issues with the IRS.