Americans with an IRS tax problem need to know there is a solution to every problem. Tax Resolution Services provides an invaluable service to American consumers who find themselves behind the eight ball with IRS problems.
Encino, CA (PRWEB) September 21, 2011
In a recent episode of Business Day TV, Tax Resolution Services, Co. was featured for their success in resolving thousands of cases for people with tax problems and their ability to save individuals and business owners over $80 million dollars during the past 13 years. This timely interview highlights the fact that currently IRS tax issues effect 1 out of 6 Americans including many who have been hurt by poor economic conditions for the very first time - often through no fault of their own. These same effected consumers may forget to take care of such fiduciary responsibilities as filing tax returns and paying back taxes eventually winding up on the wrong side of the IRS.
Founder and CEO, of Tax Resolution Services, Michael Rozbruch shares how people often find themselves in this situation. “People fail to file required tax returns for a number of reasons. The first reason is that they don’t have the money to pay the balance due with the return so they figure if they don’t have the money, they just aren’t going to file – huge mistake. Others reasons (people don’t file) are death or serious illness of a loved one or loss of a job – in other words, life altering events that put the filing of taxes on the back burner.”
When a consumer finally decides to get help with their IRS tax problems, according to the IRS tax experts at Tax Resolution Services, it’s generally with 4-11 unfiled tax returns along with a certified collection letter from the IRS, or recent contact by an IRS agent. Taxpayers in this situation are encouraged to hire a Certified Tax Resolution Specialist or tax attorney expert in handling IRS tax debt problems and who can safeguard their clients against IRS powers of intimidation.
“What people may not realize is that by filing a tax return late, penalties incurred from that oversight can be up to 25% of the taxes owed”, states Brian Compton, President of Tax Resolution Services, Co. “Another thing people don’t realize is that penalties can be forgiven if they have reasonable cause such as natural disaster, business failure of the death of a family member” says Compton.
A certified tax resolution specialist plays an advocate role for their clients and focuses on education, transparency and client services. They thoroughly analyze and represent each client’s case to the IRS and seek the most cost effective means for tax debt resolution that save both individuals and businesses money.
Some of Tax Resolution Services, Co. success stories include one from a client facing a $106k liability that Tax Resolution Services was able to settle for $9,200. Another was from a client who sought help after receiving a certified letter from the IRS stating he owed $40,000 in back taxes and that they were ready to seize anything he owned for payment. His debt was ultimately reduced to $1,500. In both cases, the clients said they felt relieved to have permanently resolved their own tax issues, and elated their eventual IRS tax settlement was substantially reduced to a fraction of the original amount by their capable tax negotiation team.
While economic indicators show instability for the next few years, Michael Rozbruch wants to assure burdened taxpayers that there help is available and a place to turn. “Americans with an IRS tax problem need to know there is a solution to every problem. Tax Resolution Services provides an invaluable service to American consumers who find themselves behind the eight ball with IRS problems.”
Tax Resolution Services, Co.® (TRS), the nation's leading experts in tax negotiation and mediation®, is dedicated to providing affordable solutions to businesses and individuals alike who find themselves in trouble with the IRS. For more information or to receive a free tax relief consultation, visit TaxResolution.com or call 888-851-5894.