. With hopes in expanding their Green status, this news is very exciting for Ideal Tax Solution and their clientele, including future persons who work with the company.
(PRWEB) February 16, 2012
Ideal Tax Solution, a tax resolution company, has released news that they have developed new ways to Go Green. The first step in working with a tax resolution company is for them to call the Practitioners Hotline or PHL. This process allows the company to order transcripts on behalf of the client. There are different types of transcripts needed, in each particular case. There are Wage and Income transcripts, which are ordered by a yearly basis (each year wanted needs to be specified.) These transcripts show all the income that was reported whether by W2’s or 1099’s, etc to the IRS. These are used mostly for assistance in filing tax returns. The other, and most popular transcripts ordered are called Account Transcripts. These provide the most current and accurate liability amounts. They give a grand total, before and after penalties and interest were applied, as well as a breakdown of each year, and the balance owed. These transcripts also provide information on whether there has been a lien filed, whether there is a garnishment or levy in place, if the taxpayer is in an Installment Agreement and if applicable, how much they pay each month. This helps tax resolution companies decipher if there are unfiled years, if any years have Substitute for Returns, what is in collections, and the dates they need to be paid off by.
With these transcripts being a huge part of settled tax debt and a necessity in getting accurate information, Ideal Tax Solution is proud to announce a new system. In the past, ordering all these transcripts was done over the phone and the documents were then faxed to the company. Hundreds upon hundreds of papers were being used daily, in order to get these necessary documents. Now, Ideal Tax Solution is becoming apart of a new program available for PHL in which the transcripts can be requested online, and sent electronically, then being uploaded into each clients electronic file. This is a huge breakthrough for tax resolution as it is saving time and resources plentifully. With hopes in expanding their Green status, this news is very exciting for Ideal Tax Solution and their clientele, including future persons who work with the company.
About the company: Ideal Tax Solution, LLC is located in Costa Mesa, CA and provides tax negotiation services, preparation and is a collection defense specialist. Their Tax Attorneys, IRS Enrolled Agents, CPA’s, Senior Tax Consultants have over 55 years of combined experience working to help American tax payers with the IRS and State Tax Agencies. Ideal Tax boasts an "A" rating with the Better Business Bureau earned through providing excellent services.