Take Charge of Your IRS Tax Problems!

Millions of taxpayers suffer from IRS problems. Instead of taking charge of this problem when it arises, however, they tend to procrastinate until the very last day of the last deadline that the IRS gives them, before taking serious action. By doing so, these taxpayers end up jeopardizing potential solutions that may have been available if they had more time to plan it with a tax professional. What is worse is that by allowing time to pass, they also give the IRS the chance to add heavy interest and penalties to their principal tax liability. Don’t fall into their trap.
In some cases, tax penalties and interest can add up to 60 percent of the total tax liability! For good cause, the IRS will sometimes forgive penalties especially if your failure to file needed returns was caused by events that are beyond your control.
If you are burdened with a huge tax debt and have limited financial resources, the IRS Offer In Compromise program allows qualified taxpayers to pay the IRS literally pennies on the dollar. Recently, my office settled an IRS debt of more than 100K for $100! Yes, $100! Does this happen every day? Of course not! But it did happen in this case. Don’t believe the television commercials that promise you the moon without even knowing what your case is about. That is why we do a detailed analysis of each case to make sure that the client has a good chance of getting it approved before we submit the offer. This may take time and some planning but if it works out, it is worth it. Imagine finally getting the IRS out of your life once and for all – Isn’t that what you want if you’re struggling with tax problems with no end in sight?
The IRS Fresh Start Program has also made it easier for more taxpayers to obtain tax relief and get their liabilities settled for much lower amounts. It’s unfortunate that a lot of people continue to suffer with their tax problems when they have options that they are not even aware of.
Ray J. Bulaon is a debt and tax resolution attorney in Valencia who has helped more than 5,000 clients. For a free confidential consultation, call his Valencia office at 866-477-7772.