Having a tax problem can be overwhelming. If the Internal Revenue Service believes that you owe delinquent taxes, they can use aggressive collection tactics to satisfy the debt, causing financial devastation. Resolutions and/or relief may be available, but you won’t qualify for these options unless you can convince the IRS that you need or deserve them.
Two Routes To Solving Your Tax Problem
When working toward a tax resolution with the IRS, you can choose to represent yourself, or you can hire a tax professional to represent you.
Advantages Of Hiring A Tax Professional To Resolve Your Tax Problem
Although hiring a tax professional may cost money, most taxpayers find that the advantages of having a professional on your side to solve your tax problem are well worth the expense. Some of these advantages include:
- Knowledge and experience. – The IRS offers several different tax resolutions. Each of these resolutions comes with different requirements and procedures. Having a tax professional on your side ensures that you have someone who understands all of the options available to you and can help you choose the one that works best in your situation to solve your tax problem.
- Money saved. – Even though you must typically pay for the services of a tax professional, having one may actually save you money in the end. For example, if you are representing yourself and you choose the wrong tax resolution, the IRS may deny your request and demand that you pay the full amount you owe plus penalties and interest. Having a tax professional ensures that you have the best possible chance of reaching a compromise with the IRS or State, which may save you a significant amount of money overall because you have actually solved your tax problem.
- Less wasted time. – If you are trying to handle your tax problem on your own, you are likely to find yourself on hold with the IRS for an extended period of time. If you hire a tax professional, however, he or she will handle all interactions with the IRS so that you can focus on the other important responsibilities in your life.
- A faster resolution. – Resolving a tax issue always takes time. However, when you are dealing with a tax problem for the first time, you don’t even know where to start. A tax professional has most likely dealt with countless problems like yours in the past, and he or she will know exactly what steps must be taken to deal with the issue as quickly as possible. In many cases, this leads to a much faster resolution of the problem than you would have been able to achieve on your own.
- Less anxiety and stress. – When dealing with a tax problem on your own, you may feel overwhelmed, upset and alone. You may also feel a sense of uncertainty about the future. When you have the assistance of a tax professional, however, you know that you have done everything you can to ensure that your tax problems are resolved effectively, and that you are no longer alone in dealing with the issue. Regardless of what happens, your tax professional will be able to help you make the best choices for your future.
If you are ready to hire a qualified tax professional to handle your problems with the IRS, contact Samaritan Tax Relief today to get help with your tax problem!
Samaritan Tax Relief is a team of Enrolled Agents with over 25 years of experience focusing on US tax resolution services. We maintain this tax blog where all articles are written by Enrolled Agents. Our main objective is to educate US taxpayers on their tax responsibilities and the selection of a tax professional to resolve their tax problem.
When looking for a tax professional, choose carefully. We recommend that you hire a credentialed tax professional such as Samaritan Tax Relief that is an Enrolled Agent (America’s Tax Experts).
Randall Brody is an enrolled agent, licensed by the US Department of the Treasury to represent taxpayers before the IRS for audits, collections and appeals. To attain the enrolled agent designation, candidates must demonstrate expertise in taxation, fulfill continuing education credits and adhere to a stringent code of ethics.
Every effort has been taken to provide the most accurate and honest analysis of the tax information provided in this blog. Please use your discretion before making any decisions based on the information provided. This blog is not intended to be a substitute for seeking professional tax advice based on your individual needs.