STOP IRS ACTION
Stop IRS Action help in Mesa AZ
This phase can mean many things for different IRS problems. If your wages are being levied, you want the IRS to stop taking your money from you wages. If your bank account is being levied, you want that to stop or the money to be returned. If you have a tax lien filed by the IRS you want your credit to be restored by having the lien removed. If you have assets that under threat of being seized, you want to be able to sleep tonight knowing that the IRS has stopped seizure action.
The list could go on and on and a blog on this subject can only give you some general guidelines to follow. If you want a specific course of action, schedule a free one hour consultation to find out exactly what needs to be done to Stop IRS Action. This is more involved than it appears. For instance if you own more than $25,000 to the IRS, there is much more work needed to get a monthly installment arrangement than if you owe less than $25,000. And if you owe more than $100,000, the IRS will expect a few more hoops to jump through before giving you an agreement.
Here are some actions that will be necessary to Stop IRS action in Mesa AZ regardless of your problem:
First, make sure that all tax returns have been filed. The IRS will require you to be in compliance before action can be stopped. If the IRS filed a tax return for you, have a professional review it to see if filing a correct return would bring the balance owed down. This first step is to first reduce the liability before trying to reach a settlement with the IRS.
Second, compliance also means that you are currently having the right amount taken out of your pay check if you are an employee or you are current on payment of your estimated taxes if you are self employed.
Third, make sure you have a representative who understands how to posture your finances before providing financial information to the IRS. This may mean getting medical insurance or an automobile before negotiations begin. Afterwards, the amount of money left over after your settlement might now allow for these type of purchases to be made once you are locked in with the IRS.
Fourth, know all of your options to settle with the IRS. That means understanding the pros and cons of each option. Make sure you evaluate all the options at the same time. If you are married, whether your spouse is responsible for the tax debt or not, be a part of the decision process. What ever affects you affects your spouse indirectly. Especially if it pertains to money and finances.
Finally, get some professional help to stop IRS action in Mesa AZ. The IRS personnel are not bad people. But they are trained bill collectors and are not there to make you knowledgeable of your options that can make your settlement easier for you.
Scott Allen E. A.
Tax Debt Advisors, Inc. – Since 1977