It is easy to say that a huge amount of the people that currently find themselves pressured by the IRS is the result of the lack of communication. So our Tax Resolution Tip #2 is to stress the need to communicate with the IRS about your tax issues.
Tax resolution does not happen by ignoring the issue.
Not communicating with the IRS is the quickest way to back yourself into a corner and gives you fewer options.
First off, do not expect the IRS to call you. So if you are receiving calls from someone saying they are from the IRS, they are not.
The IRS will communicate with you by mail with their concerns. What a lot of people do when they receive these letters from the IRS is ignore them. They file them with a stack of other paperwork they have accumulating on the corner of their desk. Sound familiar? We all think we will attend to that stack at a later date. That stack keeps growing and that later date never comes. Eventually, another letter arrives and the cycle continues.
The IRS will attempt to communicate with you multiple times.
If you do not respond you will eventually run out of time, you will run out of options and negotiating power. Take IRS communications seriously. They are attempting to resolve the issue. Do not look at those letters as a personal attack. IRS actions will continue to escalate until you cannot ignore them any longer. That is not the position you want to be in.
It is in your best interest to communicate with them and reach compliance by submitting all back tax filings. This puts you in a position to open a conversation about moving forward with your tax issues.
9 times out of 10 the situation is not as bad as the taxpayer thinks but it compounds due to lack of communication and inconsistent filing over the years. Once compounded it makes sense to seek professional representation to assist you in getting compliant and help you negotiate a satisfactory resolution to your tax debt. In general, if you have $10,000 or more in back tax liability it is well worth the effort to consult with a competent tax relief professional. An experienced tax professional could save you thousands of dollars in tax liability and alleviate a lot of the stress that surrounds dealing with back tax issues.
With over 25 years of tax resolution experience, we have been able to help hundreds of clients reach a satisfactory resolution with the IRS and State taxing agencies. We, at Millennia Tax Relief, would love to put our tax expertise to work for you.
Call us for a free consultation at 800-697-7702