Newly Introduced Expansion of IRS "Offer in Compromise" Program Helps Tax Payers Suffering From Financial Hardships

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Sherri Gastelum of Platinum Tax Defenders explains the new guidelines and how it will help taxpayers suffering from financial hardships.

New IRS Guidelines for "OIC" Program Just Announced

The IRS has developed special programs that allows the individuals to defer repayments on back taxes for a specific amount of time”, Says Sherri Gastelum, CEO of Platinum Tax Defenders .

The Internal Revenue Service just recently introduced another expansion of its "Fresh Start" program by presenting more accommodating terms to its Offer in Compromise (OIC) program to aid taxpayers in clearing up their back tax problems.

"This initial phase of Fresh Start will help some taxpayers who have experienced the most financial hardship in recent years," said IRS Commissioner Doug Shulman. "It is part of our multiyear effort to help taxpayers with IRS back taxes who are struggling to make ends meet."

“The IRS has developed special programs that allows the individuals to defer repayments on back taxes for a specific amount of time”, Says Sherri Gastelum, CEO of Platinum Tax Defenders. Offer In Compromise is an arrangement between a taxpayer and the Internal revenue service that settles the taxpayer’s tax debts for less than the full amount owed.

According to the rules provided by the Internal revenue service, an Offer in compromise is generally not approved if the IRS believes the liability can be paid in total as a lump sum or a through payment agreement. This program can be very beneficial, and it is important that taxpayers follow each step very carefully throughout the application process in order to become and remain eligible. This can be time consuming and requires much focus and negotiation skills.

Unfortunately, these and many other facts are information gained through experience, by years of working in the field and are not necessarily general knowledge known by all taxpayers. This is where a skilled tax relief company can help find the right solution to fit each individual taxpayer’s budget. “There is no such a thing as one size fits all when it comes to tax resolutions. Our objective is to get to know each client’s financial situation and work out the best repayment option on their behalf, and guide them through this challenging process,” says Sherri Gastelum, tax resolution specialist.

About Sherri Gastelum, CEO Platinum Tax Defenders a tax resolution firm:

An specialist in financial solutions, Sherri Gastelum has worked in the accounting and tax sector for far more than twenty years dealing with organizations ranging from Fortune 500 to startup organizations. A innovator in her field, she is the founder and chief executive officer of Platinum Tax Defenders, which is a full-service, and fully certified tax defense firm committed to raising the common of the tax resolution sector. Supplying solutions to a national client base, the firm has an A rating and zero complaints with the Much better Business Bureau. In addition to running her organization, Ms. Gastelum recently joined L.L. Bradford, a regional CPA firm based in Las Vegas, to create and run their Southern California practice. She is an professional in tax resolution and tax consulting services for the state, nearby and federal levels, audit and assurance solutions, company consulting services, estate preparing, mergers and acquisitions and option types of investment methods.

Ms. Gastelum earned a Bachelor of Company Administration in advertising at the University of Louisiana. She is affiliated with the Association of Corporate Development, the Entrepreneurial Institute, and is the president of Simi Valley Chapter of National Association for Specialist Girls.

For a Totally free consultation Call 800-991-3242 or request much more data at Platinum Tax Defenders and use promotion code PTD2012


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