If you are a taxpayer who is having problems with the tax return you are sure to find some clues. Among all the "too good to be true" advertising and scammers who are willing to take your money and give you nothing in return, it is not surprising that just trying to decide whom to trust with a big tax problem almost bigger than the problem itself.
When you're shopping for irs resolution services to help with tax problems here are some tips to follow and some of the signs that will help you decide who can be trusted and who you should avoid. First, if someone promises you anything beware! Where the IRS is concerned nothing is done to completion.
Notice I did not say if anyone gives the probability of certain outcomes they suspect … that's not true. Estimates for the probability of success can be performed in any case under certain circumstances and past experiences. Adequate estimate for success is part of daily operations in business tax breaks for companies that seek to involve the people who need their services.
You may be looking for a promise, and I hope you do not, but if you're dealing with someone who is operating honestly you do not have to get one and it's a good thing. You should avoid anyone who is willing to promise specific results. Secondly, if someone claims that you can settle for pennies on the dollar without a detailed look at your assets, liabilities, revenues and expenses beware!
While the IRS does have a program that will allow some taxpayers to pay off their debts for less than what they owe, this is the program of the last and most taxpayers who will not be eligible. In an effort to collect something from the taxpayer which obviously will not be able to pay all their tax liability the IRS will settle for less than the amount owed.
But requirements are very rigid and there are other options available, such as instalment agreements, for those who can pay obligations from time to time. You should avoid anyone who promotes settlement for pennies on the dollar without a detailed look at your circumstances.