Informative IRS Tax Relief for Expats – Here Is The Magic Potion
Tax debt and the knowledge that you have delinquent returns can be stressful to deal with. Heck, it can even cause many sleepless nights. The first thing to note is that it doesn’t have to be that way and there is no realistic reason for sleepless nights or living in fear.
Why?
There is always a solution to get back into compliance. Yes, it is possible. Granted it may not always be 100% on your terms. But it is possible to resolve your tax problems and get IRS tax relief.
There “really” is such a thing as a magic potion for IRS tax relief.
Read on and I will share my secret.
The IRS is like any other lender or collector in that they are focused on your compliance with the terms of your obligation as a U.S. taxpayer – the filing of required tax returns and taxes. However, I think they differ from most other debt collectors in many ways.
One of which is that they are interested in your compliance first and foremost and assisting you in the process of making that a reality. They won’t hassle you day and night, but at the same time they will make it known with communication letters about your tax obligations and that your tax problem hasn’t gone away.
Important Factors When Seeking IRS Tax Relief
So if you owe the IRS money or haven’t filed your tax returns, there are some important factors to keep in mind when seeking IRS tax relief:
- Promises that you hear on TV and the radio about settling your taxes for “pennies on the dollar” are exactly what it sounds like – “too good to be true”. While it is possible to reduce your tax debt through the offer in compromise program, the reality is that most taxpayers won’t qualify. If you are promised IRS tax relief that sounds too good to be true, guess what you’re probably right…
- The next item to remember is that it’s essential to make sure you are well represented when dealing with the IRS and that you choose your representative carefully. You want to make sure that your representative is experienced, qualified and will be responsive to you as a client. E-mail and talk to various representatives before making a decision. While price is a factor, when dealing with taxes it shouldn’t be your primary deciding factor. Time and time again I help taxpayers that have been “penny-wise and pound-foolish” where saving a few dollars has created new, more costly problems and oftentimes no solution to the IRS tax relief that was sought after in the first place.
- It is important to understand that ignoring your tax debt and/or delinquent returns is not a realistic approach for IRS tax relief. IRS tax problems rarely, if ever, disappear with no action. Obviously, no taxpayer, including myself wants to pay any more tax than legally obligated to do so. In fact, my goal with my own return and all of my clients is to make sure that you pay the minimum tax liability that you are legally obligated to – that means ensuring that no stone is left unturned with tax deductions, credits, etc. But also, making sure that the return is complete and that all income is likewise also reported so that you are not putting yourself at risk by filing an incomplete return.
You may be anxious and ready to get started on your path towards IRS tax relief. You may be wondering where to get the “magic potion” that will solve all your tax problems now and forever.
The “Magic Potion” For IRS Tax Relief
I have great news!!!
You already have the magic potion. The “magic potion” for relief to your tax problems is within you. By reading this brief article you have already shown that you have an interest in solving your tax problems.
Only you have the power to utilize the magic potion within you. Only you have the ability to take proactive and decisive action for IRS tax relief. Yep, I said it. The magic potion is within “you” and only you can make a decision to take action.
The good news is, you’re not alone, and there are options for IRS tax debt help where we have assisted other taxpayers in your same situation as yours that need IRS tax relief
Now for the bad news…
Unfortunately, your inaction and delay will only magnify your tax problems. We want to hear about your tax problem and provide you with the needed relief and resolution that you are seeking. We want to create a plan that resolves your tax problems while allowing you to get on with your life. Our professional approach and commitment will help get you on the right track.
Our goal at Tax Samaritan is to provide the best counsel, advocacy and personal service for our clients. We are not only tax preparation and representation experts, but strive to become valued business partners. Tax Samaritan is committed to understanding our client’s unique needs; every tax situation is different and requires a personal approach in providing realistic and effective solutions.
A free 30-minute consultation is standard upon request.
At Tax Samaritan, we can help you understand your options BEFORE you deal with the IRS so that you have the information that you need to make the best decision possible for “you” whether that is guidance in the selection of a tax professional or understanding your options.
Click the button below to request a Tax Resolution Services Quote today to get started with your IRS tax relief.
Tax Samaritan is a team of Enrolled Agents with over 25 years of experience focusing on US tax preparation and representation. We maintain this tax blog where all articles are written by Enrolled Agents. Our main objective is to educate US taxpayers on their tax responsibilities and the selection of a tax professional. Our articles are also designed to help taxpayers looking to self prepare, providing specific tips and pitfalls to avoid.
When looking for a tax professional, choose carefully. We recommend that you hire a credentialed tax professional such as Tax Samaritan that is an Enrolled Agent (America’s Tax Experts). If you are a US taxpayer overseas, we further recommend that you seek a professional who is experienced in expat tax preparation, like Tax Samaritan (most tax professionals have limited to no experience with the unique tax issues of expat taxpayers).
Randall Brody is an enrolled agent, licensed by the US Department of the Treasury to represent taxpayers before the IRS for audits, collections and appeals. To attain the enrolled agent designation, candidates must demonstrate expertise in taxation, fulfill continuing education credits and adhere to a stringent code of ethics.
Every effort has been taken to provide the most accurate and honest analysis of the tax information provided in this blog. Please use your discretion before making any decisions based on the information provided. This blog is not intended to be a substitute for seeking professional tax advice based on your individual needs.
All About Randall Brody
Randall is the Founder of Tax Samaritan, a boutique firm specializing in the preparation of taxes and the resolution of tax problems for Americans living abroad, as well as the other unique tax issues that apply to taxpayers. Here, they help taxpayers save money on their tax returns.