Tax Relief Assistance

by Louis Meeks on November 11, 2014 in Blog

Tax relief assistance is needed by millions of American’s each year.  There are many reasons you may find yourself seeking tax relief assistance.  You may have unfiled taxes, garnishments, levies, liens or other tax related issues.  Like many people, you may not have a clear understanding of how the IRS or State tax agencies work, hence the need to hire a professional.  You don’t want to face the IRS or State alone do you?  Professional advice is generally the right answer.

Have you heard the old adage “he who represents himself, has a fool for an attorney”?’

Don’t let this be you…..

So how do you identify the right company to provide tax relief assistance?

The first element to consider is experience.  There are many companies out there that claim they are experts in tax resolution and they are not.  When dealing with the IRS or State you want to put your case into the hands of capable professionals with a reputation for driving results and serving their clients.  Find a firm with Tax Attorneys on staff.  They are frequently the most knowledgeable professionals specializing in this work.  Additionally, Certified Public Accountants (CPA’s) and Enrolled Agents (EA’s) can do this work.  However, most CPA’s and Enrolled Agents specialize in tax return preparation, rather than the highly specialized IRS negotiation work.   Most tax attorneys have been trained to understand and negotiate with the IRS and State tax agencies. Frequently, tax attorneys know the IRS code better than the Revenue officers assigned to your liability or tax debt.    How well do you know the IRS code?

The next thing to consider is reputation.  With the use of today’s modern technology searching a company’s reputation is just a few clicks away.  Hit the World Wide Web….  Look for a company’s rating with the Better Business Bureau.  Search for third party verified reviews from actual clients.  These reviews can be found at “www.TrustPilot.com” and “www.YP.com” for example.  Many firms can say they are great but wouldn’t you rather see the results from real customers they have served?

One other very important consideration is a tax resolution firm’s guarantee.   Is the company providing tax relief assistance going to provide assurance they can help you?  In short, will they stand behind what they say?  Will they give you 100% of your money back if they cannot resolve your case?

Now that you’re armed with three great tips on how to select the right company to provide tax relief assistance, let’s talk about Victory Tax Solutions.

Victory Tax Solutions has a team of full time Tax Attorney’s, CPA’s and Enrolled agents standing by to help resolve your tax issue.  Victory’s reputation is second to none. With thousands of satisfied customers and hundreds of third party verified client testimonials, Victory truly stands by it’s mission statement;  “To deliver the greatest results while providing extraordinary service to each and every client”.

Victory Tax Solutions also has an industry leading 100% money-back guarantee.  If they are unable to put you in a better situation than you are in today, Victory will give you all of your money back… no questions asked.

If you are looking for tax relief assistance…. Put the Victory Tax Solutions team between you and the IRS or State.  We can be reached at our toll free number 1-877-772-0123.  Our friendly staff are available to answer all your questions.

©2014 victorytaxsolutions.com
Publishing Rights: You may republish this article in your web site, newsletter, or ebook, on the condition that you agree to leave the article, author’s signature, and all links completely intact.

What is an Offer In Compromise?

by Victory Tax Solutions on March 8, 2012 in Blog

If you’re in trouble with the IRS, it’s possible you’ve heard someone mention that you should try to get an “Offer In Compromise.”

But, what is it?

An Offer In Compromise is a settlement offered by the IRS, when they believe it is unreasonable that the taxpayer will be able to pay off all of the debt they owe.  The IRS and the taxpayer agree upon an amount, which allows the taxpayer to pay off their debt in a manageable way, and giving them an opportunity for a fresh, debt-free start!

I could use one of those, how do I get one?

You must be eligible.  Before you will be given an Offer In Compromise, the IRS has to believe that you are unable to pay the total amount you owe.  This means that before you make an offer you have to first submit all of your missing paperwork including: missing tax returns, this year’s tax returns (or estimated tax returns), and, if you’re a small business owner, file your federal deposits.  After you’ve completed these first steps, you are eligible to apply.  *Note: If you are in the process of filing for bankruptcy, you are NOT eligible to settle an Offer In Compromise.

Then, you can fill out an application.  As an individual, you submit IRS forms 433A and 656.  (If you’re a small business, you use forms 433B and 656.)  Along with your forms, you will have to provide extensive documentation about your assets, which the IRS will use to determine what they believe you are capable of paying within a 24-month time period.  You will also need to submit a $150 application fee and a first payment.  (Note: if you are below the poverty threshold, you can complete an application fee waiver.)  Based on all of the personal data you compile, you make an offer—kind of like making an offer to buy a home—the IRS will decide whether to accept your offer.

Do I need a tax resolution professional to help me with this?  Technically, no.  But, the process of filing for an Offer In Compromise can be overwhelming and a tax specialist who has extensive experience knows their way through the system and can help you resolve your issue with fewer kinks.  A tax resolution specialist also knows how to make an offer acceptable to the IRS and can help speed up the process.

©2014 victorytaxsolutions.com
Publishing Rights: You may republish this article in your web site, newsletter, or ebook, on the condition that you agree to leave the article, author’s signature, and all links completely intact.

If you’re hesitating to hire a tax resolution firm, WE UNDERSTAND! How to tell if a company is a scam!

by Victory Tax Solutions on February 16, 2012 in Blog

Some companies out there have done a GREAT JOB—not necessarily at settling your tax disputes with the IRS, but at finding a way to line their pockets and give YOU a legitimate reason not to trust them! Some companies see you, in a desperate situation, as an opportunity to make a buck, whether they help you or not! As a tax resolution firm, we have received plenty of calls from honest Americans who have already fallen victim to dishonest scamming tax relief companies.

Based on our experience and what we have learned from customers who have been tricked in the past, we have some helpful advice to offer you in your search for an honest tax resolution company:

• Beware of companies who promise results before asking you any questions. If you call for advice from a tax relief company, the first thing they should be doing is asking you questions. If the company is legitimately focused on what is best for you, they should be learning about YOU! It’s possible that you don’t even need a settlement, so if you’re promised one before your situation is explained, you can bet they are more concerned about themselves.
• Do your homework. This is not the time to settle for anything less than an “A.” Luckily, the Better Business Bureau (BBB) gives “grades” (ratings) on companies, based on a number of factors, including customer satisfaction. Check out what the BBB has to say about a company you are considering using to help you solve your debt crisis.
• Ripoffreport.com. Many consumers will post a complaint on ripoffreport.com. This is another valuable website to conduct an initial level of due diligence.
• Google. It’s the easiest way to find complaints. Check out what other people have said. If the internet is littered with dis-satisfied customers, you probably need to Google a new company.
• Who owns the company? If someone is hiding, then you have a problem. An honest company has a visible owner who stands behind their firm. When you check out a company’s website, do they provide the name and background? When you call, ask for a name, then do a second Google search on that person.
• Go with your gut. If you have an overwhelming feeling you’re about to get ripped off, start looking for someone else! There are plenty of companies out there to choose from, so just look for another one!

Face it; this is an incredibly emotional time for you. You are overwhelmed with anxiety and scared for your future. However, with the right tools in place, you can make a rational decision about what is best for you and who the best professionals are to solve your problems.

If you think you may need a tax resolution company, give Victory Tax Solutions a call at (877) 772-0123. The only result we promise is to help you figure out what is best for you.

©2014 victorytaxsolutions.com
Publishing Rights: You may republish this article in your web site, newsletter, or ebook, on the condition that you agree to leave the article, author’s signature, and all links completely intact.