Do you have debt with the IRS? Are you struggling to know what to do about it right now? It’s not uncommon to find yourself in a position like this, but it is important to know what to do in these situations. At Solvent Tax Relief, our goal is to guide you in making the right decisions for your situation. These tips can offer a bit of help.
1. Don’t Ignore Debt with the IRS
Perhaps the worst thing you can do is to ignore your debt with the IRS. Not only does this mean you will face significant fees and increasing costs over time, but it can put you at risk of losing your home or facing wage garnishments. Communication and dealing with the IRS can be complicated, but opening the letters they send you and answering the phone is essential.
2. Verify the Accuracy of Your Debt
Another important step is to know that the debt is accurate. Mistakes can be made on your side or theirs. It is up to you to know why the IRS is requesting money from you. If you do not understand the debt, ask for clarification. You will also need to take the time to gather information related to when the debt was created, why, and when you have to react to it. Remember you can get tax relief services for this.
3. Work with a Professional to Resolve Debt with the IRS
The next step is not to get into an argument with the IRS agent on the phone. Instead, reach out to a team that can help you with debt with the IRS. Our professionals will help you by explaining the debt, discussing the problems, and then working to verify the accuracy of the debt. They can also help you to consider each of your options for resolving this debt.
4. Know You Have Options
The debt with the IRS you have may need to be paid. However, there are several options available that can help you to pay your debt more without financial hardship. You may be able to settle your debt, for example, for less than what you owe. This can significantly reduce your risks of overpaying, but it also helps you to get out from under the IRS debt faster. That means resolving your stress and frustration.
When you work with our team, we can help you to determine if a tax settlement is an option. If it is not, we may recommend setting up a payment plan that is affordable to you. This can help you to reduce your debt over time while also ensuring you are not facing financial struggles right now.
5. Communicate the Solution with the IRS
Once you get the tax debt help you need, the next step is to let the IRS know what steps you are taking. Our team can help you with communicating with the IRS and reducing the risk of making a mistake that could cost you money and time. The debt with the IRS you have is likely to be something that is keeping you up at night, but we can help you resolve this for good. We encourage you to act now by contacting a team who can work with you and with the IRS to resolve your concerns. We can help you with most of your tax needs, including:
Contact Solvent Tax Relief to learn more.
You Don’t Have to Manage It on Your Own – Let Solvent Tax Relief Help You
At Solvent Tax Relief, our team will work closely with you to settle your debt with the IRS. Every situation is significantly different, but we can help you make the best decisions and provide you with comprehensive tax debt help. Call us today at 800.985.9426 to learn more.
