Go to war with the IRS
There is a belief that to resolve your taxes you must
prepare for war with the IRS. While it is true the IRS will fight hard to
collect their money, this does justify your preparing for war with them. If you
had the money to go to war with the IRS, then you probably wouldn’t be in this
position. Preparing for war on one side
only causes hostility on the other side.
The premise to fight the IRS tooth and nail for the best
possible outcome is a marketing strategy used by many of national resolution
firms seeking your business who want you to think there is going to be a vicious
fight, that you need them as your gladiator, and at the end of that fight, you
will only have to pay back pennies on the dollars. This tactic is used by many
firms to justify outrageous fees.
The reality is that if you use the laws that protect your
rights and apply for the repayment program that best fit your situation, you
will be able to resolve your tax debt for the least amount possible - all
without having to dawn your camouflage pants and your black face paint.
Paying Outrageous Fees
Many individuals think they need to find the best and
highest-priced tax attorney or accountant to garner the best results. I can’t
tell you how many times people have shared with me how they have spent
thousands on fees with the promise of having to pay back only a small
percentage of what is owed, only to later be told by the overpriced “expert”
that they do not qualify for that program and to get ready to write a big check
to the IRS. Just yesterday I heard the worst story yet. A taxpayer paid $20,000
to a so-called expert who only was able to get her payment broken up in monthly
installments. (FYI- almost everyone qualifies for this payment program.) To
make matters worse, the taxpayer discovered that one of the years she owed the
IRS was not included in that payment plan and now the IRS was telling her she
was out of compliance. You must maintain compliancy in order for the IRS to
honor your repayment plan. Long-story short, the IRS demanded a payment right away
for $5,000 (the delinquent amount for the year in question), and, if she paid
it, she would then be in compliance and could keep her installment agreement. The taxpayer was under the impression from the accountant she
hired she would be able to settle the whole outstanding tax bill for $5,000,
which in reality was only one small payment of the many payments to the IRS.
The problem with this model is that the taxpayer in trouble
is willing to pay an exorbitant fee to an “expert” if he/she thinks it will
help him/her walk away from the majority of the tax bill. So of course that is
what the “expert” will say. Otherwise they won’t collect their outrageous fee.
I will give the ‘expert’ credit for being an expert on how
to collect fees but that’s about it.
Request An Offer-In-Compromise When You Don’t Qualify
This ties into the section above. With an Offer-In-Compromise,
you will have the best results for paying back the least amount possible.
However, only a fraction of those who apply are qualified for this program
–something left out of the sales pitch by the experts. Not only are about 75%
of the Offer-In-Compromise candidates rejected, but typically there is a 20%
down payment when submitting this offer. This down payment is non-refundable - even
if your offer is denied. With approximately 75% of all submitted offers being
rejected and a 20% non-refundable down payment, it is worth double checking if
you really qualify for this program.
Now Some Helpful Advice
I’ve been through the Tax Resolution system. I paid almost
$6,000 in fees to a tax attorney - only to have to threaten to report him if he
didn’t refund my money. He too was full of
promises and stories, but never accomplished anything for me. That is what made
me look into the Tax Resolution.
I discovered that no matter if you use a high-paid tax attorney
or if you do it yourself, there are
only a couple of ways to resolve
your back tax debt. Tax Resolution is as simple as understanding how to qualify
for the different programs and then completing the correct forms. I realized
that millions of Americas could use this knowledge so I wrote the Tax
Resolution Guide (a short read) and then created an online program that
provides guidance on how to complete the correct forms. What took me months to
interrupt and understand is now available to you today and takes only a few
short hours to complete. Armed with this “Insider Information” from the Tax Resolution
Guide and the easy-to-use but powerful online program you can resolve your tax
debt yourself for the lowest possible amount. The best part is you get all this
for a fraction of the price of so-called experts. We believe in empowering the one person who
cares the most about resolving your taxes – YOU. Want to discover how to resolve your tax debt for the least
amount possible using either the Offer-In-Compromise,
or the Installment Agreement or if you are eligible
for Non-Collectable Status? You can find more information on these subjects by visiting our website.
The Tax Settlement Group
877-801-9166
