Settle IRS Debt: What Taxpayers Don’t Know About Tax Resolution Could Hurt Them

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While IRS Commissioner Douglas Shulman has pledged greater flexibility for taxpayers who have fallen on hard times and owe IRS back taxes, it's important to remember that “Revenue” is still the IRS’s middle name.

Tax Attorney and Tax Resolution Services

The IRS enforcement budget is at a record $5.5 billion, with most of that money going towards heightened collection efforts to combat the rising deficit and growing tax gap

Due to the economic challenges of the current recession, more tax settlements than ever are expected to be submitted to the IRS this year. While taxpayers with back taxes and IRS debt may go to the IRS web site or call the 1-800 helpline for tax help, it’s important for them to understand that what they don’t know about tax resolution could really hurt them.

Tax expert Michael Rozbruch explains that while the IRS has pledged to offer help to struggling taxpayers, it's important to remember that ‘Revenue’ is still the IRS’s middle name.

“The IRS enforcement budget is at a record $5.5 billion, with most of that money going towards heightened collection efforts to combat the rising deficit and growing tax gap,” said Rozbruch, founder and CEO of Tax Resolution Services, Co., a company that provides affordable solutions to people seeking income tax relief. “Plus the federal tax code is notoriously complicated, which is why knowledge can greatly increase a taxpayer’s chances of settling tax debt for less than what they owe.”

According to Rozbruch, a well-qualified tax resolution firm or IRS tax attorney will work to ensure that the taxpayer’s best interests are prioritized above all else so they can finally retire their back taxes and IRS problems for good.

“Whether it’s bringing taxpayers into IRS compliance or helping them understand their tax issues so they can work directly with the IRS - a reputable tax resolution firm will guide taxpayers to tax relief options that best fit their individual circumstances,” Rozbruch said. “Expert and credible tax relief firms hold the IRS accountable to following their own rules and regulations during the tax resolution process, while simultaneously helping Americans understand their taxpayer rights and ensuring they are not obligating themselves to pay a penny more than what they have to.”

Tax Resolution Services, Co. is dedicated to providing affordable solutions to businesses and individuals alike who find themselves in trouble with the IRS. Their expert team of tax attorneys, CPAs, and Certified Tax Resolution Specialists has a success rate of 90% - second to none in the industry - and an Offer in Compromise Settlement Rate of $0.11 on the dollar. For more information or to receive a free tax relief consultation, visit TaxResolution.com or call 866-IRS-PROBLEMS.

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Debbie Edwards

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