When you owe back taxes to the IRS, dealing with the penalties on top of what you already owe can be overwhelming. Many times the typical person can not afford to pay what the IRS claims that they owe. Late tax penalties are often not accurate, this is do to the fact that IRS employees often do not fully understand the law and how to bill those that owe taxes accurately. Back taxes relief is out there.
The 16th amendment to the constitution made income taxes a permanent practice in the United States. However this amendment was not added until 1913.
Late tax penalties are negotiable. The IRS does offer an option called the Offer in Compromise. This will either lessen what you owe, cut back on penalties, or relieve you from the debt completely. In order to be eligible for this you must fit one of these three categories, doubt in liability, doubt in collectability, or effective tax administration.
Doubt in collectability means that the individual that owes late tax penalties will most likely never be able to pay them. In order to use the effective tax administration offer explained in the Offer in Compromise, you must not either be eligible for doubt in liability, or doubt in collectability. Back tax relief companies will help you which of these options is your best shot, and if you are eligible.
With IRS tax reduction it is helpful to have representation. Irs tax relief companies are growing in numbers to aid those of use who owe late tax penalties. A late tax relief program will help you negotiate with the IRS, make a plan to pay what you owe, or completely reconcile your debt all together.
If you owe late tax penalties, the thought of paying them and dealing with the IRS can be overwhelming and stressful for anyone. Using a tax relief service will help you understand exactly what your rights are, and how to use them to your benefit. Late tax penalties can be used to garnish your wages, and in extreme cases to take your property. Staying on top of the situation will help you avoid this.
Take charge of your late tax penalties today. Enlisting a tax relief specialist will allow you to rest at ease that someone is there to negotiate for you. In any legal matter, it is always responsible to enlist representation. Allow a tax relief company to help you with back tax penalties today. You may be surprised by how simply your case can be resolved.