Why Choose a Tax Resolution Specialistby IRS Logics Tax Resolution Software for Tax Professionals
A Certified Tax Resolution Specialist is the best option for
resolving your tax issues. However, some taxpayers may be inclined to go
straight to the Internal Revenue Service. Those who are certified tax
resolution specialists have dealt with a wide range of problems, each with a
unique resolution. In some cases, the optimal outcome can only be achieved with
the help of a trained specialist.
1. File taxes regularly
In general, the Internal Revenue Service (IRS) is willing to
extend a second chance to taxpayers who fail to file their returns on time. A
first-time penalty abatement even covers failing to file or a late payment if
it's your first offense! Routine non-filers, on the other hand, are not
eligible for the same forgiveness from the IRS and will be required to pay
interest and penalties as a result.
In the past, respected CTRs have worked with non-filers and have
dealt with tax issues and back taxes. Without the assistance of an attorney,
common settlements can include an offer in compromise or a payment plan paired
with penalty abatement.
2. There are a lot of outstanding taxes.
Installment agreements, payment plans, and offers in compromise
are options available to the majority of small businesses and individual
owners. Significant tax debtors will be hit harder by interest than those who
owe less, but a tax expert is well-versed in how to work with the Internal
A fair offer to pay back taxes is allowed by the IRS, despite the
fact that interest is not forgiven. An expert in tax resolution can help you
with this. For their clients, they strive to obtain the most favorable tax
3. Personal and business finances
In the early stages of a small firm, it's usual for self-employed
persons and small business owners to mix their personal and corporate finances.
This can result in incorrect federal and state tax returns. Taxes can also be
greatly affected by this.
After-tax returns have been filed, a CPA may still be necessary to
separate business and personal finances. In contrast, a CPA with the Certified Tax Resolution Specialist (CTRS) qualification can also do tax preparation.
4. Disputed Liens and Levies
The Internal Revenue Service (IRS) can make mistakes or obtain
erroneous data. Tax liens and levies can be contested or appealed, but the
process is extremely time-consuming and necessitates meticulous record keeping.
Lien or levy release frequently necessitates the assistance of a
professional. Innocent spouse relief can also be obtained through the use of a
CTRS for those who have tax issues because their spouse lied on their tax
Hire a Tax Resolution Specialist with IRSLogics
Tax problem solvers can be hard to locate and pick. There are
hundreds of organizations to investigate, and not all of them are looking out
for your best interests. There should be a history of repeating cases, client
reviews, and a wide range of tax services offered by a competent tax resolution
You should go with a company like IRSLogics to
find the best tax resolution specialists. They'll be able to provide concrete
evidence of their knowledge and experience. In order to discover a tax
resolution professional, IRSLogics has made it easier than ever to search and
filter tax professionals according to what taxpayers value most.
Created on Apr 18th 2022 00:42. Viewed 286 times.