The IRS will collect on balances owed to them, just like any lending institution or credit card company.
Honolulu, HI (PRWEB) March 16, 2013
CTR’s Honolulu tax attorney is pleased to announce that the firm is offering consultations for any taxpayers that have received notices relating to tax debt. There was concern amongst executives at the company that some people may be avoiding getting help due to large up-front fees. An individual may not know they need help until they’ve explain their situation to knowledgeable tax experts.
“The IRS will collect on balances owed to them, just like any lending institution or credit card company,” said a CTR spokesperson. “If you can’t repay your state income tax debt in full, contact a Hermosa Beach tax attorney for a solution. We want you to come to us and get a consultation to find out how we can help you with your debt.”
CTR’s tax professionals offering free consultations have seen an increase in clients choosing one of several methods of repayment, dependent on their financial situation. Whether a debt is owed on a state or federal income tax balance, tax specialists take into account debt, income and expenses when suggesting a settlement plan. In certain circumstances, a taxpayer will find the most success from an Installment Agreement. Success in getting rid of debt is the main reason the firm has restructured their fees to allow for the offer of advice.
CTR’s tax firm will, on occasion, solve federal tax problems with a hialeah tax attorney. In this case, charging for consultations will drive away potential clients that need help but cannot afford to spend money on simple guidance when they can’t make their debt payments on time. Taxpayers in financial hardship have been helped by consultations that lead them to apply for Currently-Non-Collectible status. Some clients have discovered during cost-free meetings with tax specialists at CTR that they would be best served by an Offer-In-Compromise, which involves offering a single payment to the IRS at a percentage of the total balance.
A spokesperson for CTR stated that “tax debt is not a thing to ignore. If you don’t pay the IRS and dismiss notices sent to you, you may find that the IRS takes your house, cars, and money from your bank accounts of paychecks. Our consultations at a Huntington Beach tax attorney can be the first step to finding a solution that works for you and the IRS. Don’t hesitate to take advantage of our free advice.”
CTR offers tax debt resolution and tax services for individuals and businesses across the United States. The company uses a three step program to create personalized strategies to help taxpayers settle their IRS debt. The company offers many services, including: state and federal tax debt resolution, IRS audit defense, tax preparation and bookkeeping.