Are you looking for a Agoura Hills Tax Attorney?
Are you a resident of Agoura Hills? Do you owe the IRS a debt from unpaid back taxes? Are you looking online for an Agoura Hills tax attorney? This may not be your best option when it comes to finding a reasonable resolution plan. Calling a professional tax company can help set you up with an IRS Tax Practitioner such as a CPA or Enrolled Agent. This can provide you with the quality of service you desire. The skills offered by attorneys are important in IRS consultations, but tax professionals may be a better source of tax advice.
Tax professionals are available to help with a range of tax issues. Taxpayers requiring assistance with filing their returns, whether business or personal can reach out to local tax experts. It may seem simple to file a tax return, but many people end up owing tax debt to the IRS due to misfiled returns or late payments. If this has happened, a tax professional recommends acting quickly to avoid further problems with debt increase or collection. While our offices are not located in Agoura Hills, we have helped thousands of clients in this city and many others across the country.
The ideal repayment plan for a taxpayer involves a resolution with one large lump-sum payment. However, most individuals do not have the funds to pay their balance in this fashion. To satisfy their obligation to the IRS, many people will turn to a tax professional for advice. If this action is taken early enough, the taxpayer may qualify for penalty abatement if their filing and payment issues were beyond their control. If not, the debt can increase up to a limit of 25% above the present balance. Depending on the taxpayer’s finances, such an increase may turn a manageable balance into an unmanageable debt. At this point, tax professionals can provide advice on what repayment programs relate to the taxpayer’s situation.
Tax debt relief comes in many forms. One settlement option that applies to several financial situations is an Installment Agreement. To determine which agreement is fits, all pertinent financial information should be given to a tax professional. This provides the tax expert with the ability to suggest the right solution. A traditional agreement involves 60 months of small payments determined by the total balance. Other agreements allow for a divided term in which the first 12 months of payments are made in smaller increments, and the following 48 months see an increase in the payment amounts. Tax professionals understand the distinction and can provide insight into the better option.
This insight is provided quickly by tax professionals that are committed to developing personalized solutions. We can sometimes offer more affordable services than Agoura Hills tax attorneys. The most important factor here is what best serves your needs. If you would be best suited to apply for one of the aforementioned Installment Agreements, then our tax professionals can negotiate with the IRS toward that end. Regardless of your preferred method, tax professionals can put an individual into the same IRS debt options accessible by an Agoura Hills tax attorney.
Our professional tax company, fully staffed by tax specialists like Enrolled Agents, Tax Professionals and CPAs, may be able to supply more resources than your local Agoura Hills tax attorney. While this may be true for many people, it is very important to remember that only attorneys can explain your legal rights to you. To be sure you have the best tax case resolution, you should call a tax professional. We do not hire tax attorneys, but we have a full staff of tax experts that can walk you through all of your options in resolving your unpaid back taxes.
The IRS offers many different settlement options, so there are no reasons to ignore tax debt. When a tax debt has been established, a tax professional can help. Even if you’re not in debt yet, or just have questions about other tax issues, it is important to find the answers early by reaching out to local tax experts. These tax professionals offer free consultation to taxpayers contacting them with any tax problems. Call today to find the assistance you need!