Helping people get a fresh start.
Khatib is emphatic, 'With technology now in the hands of the people, celebrities have the same resolution options as regular people to handle their IRS debt’.
Southern California (PRWEB) April 28, 2015
With technology getting more advanced in the financial services industry, even celebrities feel the bite of the IRS but have the same resolution options that every day folk can utilize. In August 2014, CNN reported (http://www.cnn.com/2014/08/27/showbiz/vanessa-williams-tax-trouble/) Vanessa Williams had an IRS tax lien filed against her for $369,249 for her 2011 earnings and actor Chris Tucker http://www.cnn.com/2014/09/01/showbiz/chris-tucker-tax-bill/ received a federal tax lien of $2.5m. The article quoted Chris’ representative ‘The current lien filing by the IRS was a result of an audit that lasted for four years which stemmed from poor accounting and business management”. Technology is turning the tide in favor of the tax payer, Murad Khatib of Ideal Tax Solution, LLC states “We find at least 42% percent of our new clients have accounting or technical errors that can be brought to the IRS attention for reduction of the amount they claim you owe”. The IRS is not perfect by any means and the IRS is using new computer programming that can catch some people that owe money but it also is increasing the number of accounting errors according to Khatib’s statistics.
Using sophisticated software is no longer in the hands of the IRS. Ideal Tax Solution installed the latest upgrade in their software. Ideal was one of the first large firms to use the biggest name in tax resolution software called Logics. It gives a very good overview of the likelihood for many of the guidelines the IRS is using to determine debt repayment and/or debt reduction. These softwares are not cheap and many times they are customized for the larger tax resolution firms. “We met with the owner of Logics and at the time we had over 50 employees, what he promised was the best in getting our customers the service they deserve in accuracy and especially in delivery. Because we knew the business we gave him critical update requirements for the software.” According to Khatib the current upgrade software allows for a team of people to work on a case which is required for resolving complicated IRS cases. The point person is able to keep an eye on every action that other team members take on a case. The newest upgrade allows the client to see their case status.
It’s a people business at the end of the day and Ideal Tax Solution is a full service tax resolution firm. With more and more firms like Ideal Tax popping up, staying with more established firms that have not only the technology but the experienced staff sets them apart. Ideal Tax Solution, LLC has been in business over 6 years (a huge feat in the world of tax resolution ---since the industry’s inception in the late 1990’s, 60% of firms that claimed to specialize in tax resolution were closed within 2.5 years.) Firms like Ideal often hire former IRS employees because they know the codes better than an outsider. Khatib continues, “If you just go by what the IRS states you owe you would not be thorough, you must look carefully at every item closely and contest or amend where applicable.” When asked what Ideal Tax Solution, LLC does for it’s celebrity clients compared to regular folk, Khatib is emphatic, "With technology now in the hands of the people, celebrities have the same resolution options as regular people to handle their IRS debt."
About the company:
Ideal Tax Solution, LLC is located in Costa Mesa, CA and provides tax negotiation and preparation services, and is a professional collection defense company. Their Tax Attorneys, IRS Enrolled Agents, CPA's, and Senior Tax Consultants have over fifty-five years of combined experience working to help American taxpayers with the IRS and State Tax Agencies. Costa Mesa awarded Ideal Tax Solution, LLC, 2014 Best Tax Prep/Tax Resolution
Submit Inquiries to Ken Mason ken(at)idealtaxsolution(dot)com 714-604-2626