The best thing you can do when requesting that the IRS abate your penalties is to provide the circumstances surrounding your situation
Encino, CA (Vocus) May 20, 2010
Tax Resolution Services, Co., (TRS) recently helped Eddie S., a man from Los Angeles, CA, who owed over $150,000 in back taxes, interest, and penalties permanently settle his IRS debt. With the help of TRS, the taxpayer had over $75,031 in penalties forgiven and received a refund from the IRS for more than $84,000 on interest paid.
According to tax expert Michael Rozbruch, there are 148 different types of penalties that the IRS can hit taxpayers with. Fortunately, taxpayers can reduce or eliminate their outstanding tax debt by requesting an IRS penalty abatement. Taxpayers who qualify and have good reason for requesting the abatement can work with the IRS to have their penalties completely or partially forgiven.
“The best thing you can do when requesting that the IRS abate your penalties is to provide the circumstances surrounding your situation,” said Rozbruch, founder and CEO of Tax Resolution Services, Co., a company that provides affordable solutions to people seeking IRS tax relief. ”And while it’s possible to reduce your IRS penalties to zero with reasonable cause, having a tax attorney or Certified Tax Resolution Specialist can greatly increase your chances of discharging penalties and help ensure you don’t pay the IRS a penny more than you have to.”
Rozbruch adds that an experienced tax relief firm can act as a bridge between taxpayers and the IRS, submitting proof that supports their case and composing legal documentation citing recent or past court cases where verdicts were in favor of clients with the same or similar circumstances.
“We were refunded $84,000 from the IRS in a penalty abatement case,” said Eddie S., who retained TRS about a year ago. “That made us very happy. The benefit we received was knowing that if we get cheated by the IRS, there is a firm such as yours that will fight for us tooth and nail.”
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 http://www.TaxResolution.com or call 866-IRS-PROBLEMS.