Once CTR’s tax debt experts have chosen a resolution program and gotten a client to agree to the terms, the new division can begin the second phase of the service.
Los Angeles, CA (PRWEB) March 10, 2013
CTR’s Laguna Niguel tax lawyer has recently undergone some restructuring to make sure that services are managed by separate teams. The newest division created is focused on offering IRS debt relief to taxpayers that owe unpaid back taxes. The tax debt resolution team provides clients with a two-step process that involves a personalized debt settlement. The company is offering benefits like free consultations to bring in new clients without having them worry about expensive up-front costs.
CTR begins the tax relief process by analyzing an individual’s financial situation. This starts with an investigation that examines factors such as total household income and necessary expenses. For a Laguna Woods tax lawyer, understanding the cause of the debt is not as important as being able to show a taxpayer’s ability to repay the amount they owe to the federal government. The investigation leads a tax expert to suggest one of the methods of resolution offered by the IRS. While single lump-sum payments are preferred, many clients end up in Installment Agreements so that they can pay off their balance in a series of small monthly payments.
“The investigation phase of our new tax debt relief program determines the best way to pay off your balance in full. When one of our specialists at the La Habra Heights tax lawyer has tailored a plan to your needs, success will be well within your reach. However, this phase is a partnership, with our experts obtaining your Master File from the IRS and combining that information with your own personal records,” stated a CTR representative.
Once CTR’s tax debt experts have chosen a resolution program and gotten a client to agree to the terms, the new division can begin the second phase of the service. This part involves submitting an official proposal to the IRS for approval. The likelihood of getting the IRS to accept a settlement increases if a Lake Forest tax lawyer has set up an agreement that reflects a taxpayer’s actual Reasonable Collection Potential. If it is approved, one of the company’s tax debt professionals will follow up with their client to ensure that the plan is upheld going forward and any applicable payments are made on time.
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.