Many clients in Mesa AZ come in with strange ideas about what the IRS can and will do to them once they \u201ccatch up with them.\u201d\u00a0 Most of the information has come from\u00a0 friends, family and work associates that are just passing on myths that they were told.<\/p>\n
Two of the most common questions:<\/p>\n
Am I going to be thrown in jail?\u00a0 <\/strong>Over 99% of the clients we meet with are negligent not criminal.\u00a0 Their tax problems are more like bad parking tickets not a hit and run.\u00a0 As long as you are willing to file back tax returns<\/a> and agree to a settlement<\/a> on what you can pay on the back taxes and agree to pay your taxes in the future, the problem goes from a terrible crisis to something you can manage.\u00a0 Close to 30% of our clients qualify to make no payment on their historical tax liability if they stay current on their filings and payments in the future.<\/p>\n Are they going to take my house or car?\u00a0 <\/strong>The IRS wants money not assets.\u00a0 If you are living in an expensive home, the IRS will allow you time to put the house up for sale and downsize into a reasonably priced home.\u00a0 With the current housing crisis the IRS has extended the time from six months to a year and now they are agreeing to give even more time if the taxpayers are staying current on their taxes.<\/p>\n You cannot control what happens in life.\u00a0 Most clients were faithful taxpayers until a death, divorce, illness, or a business failure put them in a situation where they could not pay their taxes.\u00a0 Even the IRS understands that this happens.\u00a0 The IRS is less tolerant with the failure to file tax returns.\u00a0 The IRS primarily punishes because you don\u2019t file, not because you don\u2019t pay.\u00a0 The penalty for failing to file is 5% per month, while the penalty for failing to pay is only \u00bd% per month.\u00a0 So it is initially ten times more expensive to not file than it is to not pay.<\/p>\n The reality is that most clients are surprised at the results we get.\u00a0 Mostly because their imagination is mixed with a lot of Mesa AZ IRS myths that create a paranoid attitude towards what the government actually expects.\u00a0 Why not come in and find out today what the your options are.\u00a0 I have heard many clients say, \u201cIf I had know it was going to be this easy, I would have come in long ago.\u201d<\/p>\n Scott Allen E. A.<\/p>\n