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Frequently Asked Tax Settlement Questions
Thousands have found our IRS tax help site, initiated a consultation and have qualified for an IRS tax debt relief program. Depending on your circumstances, our
programs may be able to settle your debt for literally pennies on the dollar! No matter what your particular difficulty, odds are our
IRS tax help program can help you take that first step toward a debt free future. The following are
some frequently asked questions regarding Tax Settlement:
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Do
you guarantee results?
Unlike
many other firms, we first take you through a short interview to
determine what type of tax resolution you are eligible for. Most
people will qualify for some program or other, but if we cannot
significantly help you reduce your tax liability, then we will
not take on your case.
Furthermore, if we prepare a settlement for you, but that
settlement is rejected by the IRS for whatever reason, then we
will file an appeal on your behalf at no additional fee! Our
goal is to have your Offer accepted the first time, but we will
continue to work for you until you get the relief you deserve.
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What
is an Offer-in-Compromise and why haven't I heard of it before?
The
Offer-in-Compromise is a program that the IRS put into practice
some years ago to allow people with sizeable past due tax debts
to settle that debt for a smaller portion of what is owed when
it is unlikely that they could ever collect the full amount.
The IRS does not widely promote this program because they
would rather collect the entire tax liability.
Accepting an OIC settlement is not a giveaway or amnesty
– it is essentially a business decision on the part of the IRS
whereby the taxpayer must demonstrate that it is in their best
interest to settle rather than chase that person around for
years.
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How
much could tax relief save me?
The
money you save will depend on the type of relief you qualify for
and also upon the specifics of your situation. Under favorable
circumstances, an Offer-in-Compromise could reduce your tax debt
to literally pennies on the dollar. If you don’t qualify for
an Offer however, you may still benefit from another program such
as a Penalty Abatement, possibly eliminating
thousands of dollars from your tax debt. To get an accurate
assessment of your particular situation, you should call
Professional Tax Settlements today. Remember, we’ll only take your case
if we’re sure we can help you.
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Can
I file a settlement myself?
Yes.
Anyone can file a settlement. However, the IRS scrutinizes each
case, so if your proposal is incomplete or improperly worded you
may wind up paying much more than you should. Worse yet, the IRS
may reject your proposal altogether because the Offer is to low.
Typically, the success rate of Offers written by a professional
firm is far higher than those submitted by individuals, because
they know the formulas and intricacies of IRS policy necessary
for proper resolution. Most people find that working with a firm
that specializes in settlements actually saves them not only a
lot of time and work but also a significant amount of money. Our
staff of professionals know the critical IRS secrets that will
get your Offer accepted.
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 | How do I know that I will get my settlement proposal accepted by the IRS?
Only the IRS has the authority to grant a settlement to the
taxpayer. However, long before ever sending anything to the IRS, we take you through a
brief interview in order to determine what, if any, type of
settlement you qualify for. Because we adhere to the
highest ethical standards, Professional Tax Settlements will never submit
a settlement proposal for someone if we know they don't qualify.
Simply put, if we can't help you, then we don't want you to hire
us. Fortunately though, most taxpayers do qualify for some form
of tax resolution.
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How long
will it take to resolve my case?
Of course, the length of time it takes for resolution depends on
the complexity of the case, but with most cases we aim to have the filing done within 30
days of being hired. It typically takes the IRS between 6 to 12 months
to consider and then accept or reject a proposal, and we
recommend that our clients take this time to put together the
money for their settlement amount. It is our desire to resolve
your case efficiently, while getting you the best settlement
possible.
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 | What if I have
questions about my case?
Professional Tax Settlements is dedicated to providing the highest quality
customer support in the industry, staying in touch with our
clients through phone, fax, mail, and e-mail. When you first
call, a professional tax practitioner will answer any
questions you have about settlement options. Should you then
decide to hire us, this specialist will become your case manager
and will be available for you throughout the process. We will
keep you informed of the progress of your case, and encourage
you to call whenever you need a question answered.
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What are your fees?
Our fee depends on the nature of the case and the workload involved. Since we
specialize in tax settlements, we are able to keep our fees
relatively low, charging only a one time flat fee instead of an
hourly rate or a percentage of tax savings.
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What
if my Offer is rejected?
Because we determine a potential client's eligibility before we
ever take their case, the overwhelming majority of our clients
have their Offers accepted. In the event that we submit an Offer
for you and that Offer is rejected, we will file an appeal on
your behalf for no additional charge. Our goal is to have your
proposal accepted the first time through, but we will continue
to work for you until you get the relief you deserve.
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Can
you serve taxpayers in all 50 States?
Yes, because we communicate with our clients via phone, fax,
mail and e-mail, we are able to serve taxpayers throughout the
U.S.
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How do I get started?
To get started, simply call toll free at 888-282-4697 for a FREE Tax
Consultation. In as little as ten minutes we will determine what
type of settlement you qualify for and can begin working on your case immediately. Often this involves a call from us to the IRS to stop further collection activity. We accept all major credit and debit
cards including Visa, MasterCard, and American Express and also Check-by-Phone.
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Will the IRS accept an Offer in Compromise
if I haven't filed my taxes in many years?
No. The first requirement of any Tax Settlement is that you are current in all your tax filings.
If you do not already have all your returns filed, Professional Tax Settlements
also offers tax filing services for prior years returns to help bring you into compliance with the IRS.
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I own a company and haven't paid the payroll taxes for my
employees. Do you handle this type of case?
Yes. Non-payment of payroll taxes (941 and 940 taxes) is a very serious issue with the IRS.
Every day, we help small businesses get back into compliance and
reach a settlement with the IRS.
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Do you handle levies or wage
garnishments?
Yes. Depending on the situation, Professional Tax Settlements will lift your levy or payroll garnishment in as little as 48 hours. |
Call
Toll Free
(888)
282-4697
Or
Click Here for a FREE
Tax Consultation
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