The 4 Steps in Our Rapid Tax Relief Process

The 4 Steps in Our Rapid Tax Relief Process

• Aug 01, 2022

Laboring under the burden of tax relief can feel like an inescapable situation. How can you pay down a large tax debt when you’re barely meeting your current financial needs? The answer is tax settlement and tax relief. The IRS offers several options to indebted taxpayers who are earnestly seeking a way to settle their debts, but understanding what your options are, which you qualify for, and how to apply can be more difficult than you think. The IRS Advocates can help make the process faster and easier by guiding you through the four steps of our rapid tax relief process. Keep reading to learn more.

Step 1: Free Consultation

We never ask for payment upfront or a commitment to our services until we’ve had the opportunity to sit down with you and discuss your unique situation. We understand that every taxpayer’s circumstances are different, which means the options available to you are different as well. One of our experienced tax advisors will sit down with you to discuss your options and learn the details of your finances. We will also assemble your initial resolution plan and help you complete any upfront paperwork required so that we can start you on the road to tax relief as soon as possible

Our representatives are experienced CPAs who specialize in working with taxpayers to settle their tax debts. As CPAs, we are among the few professional who are legally permitted to represent you to the IRS, which allows us to take much of the burden of negotiating your tax settlement off of your shoulders. Your consultation with a qualified CPA is completely free—both in terms of cost and obligation—so you can learn what your tax settlement options are without any expense to you.

Step 2: Examination

If you decide to proceed with applying for tax settlement through one of our advocates, we’ll move on to the examination process. This will include reviewing your past returns for accuracy, ordering any additional tax files we may need, and assembling support. If you have already been subject to collection proceedings, we will work to put a stop to those actions, so you can have a little more room to breathe as we continue working through your settlement options and negotiations with the IRS.

Step 3: Mediation

Once collection actions have stopped against you, we can work on negotiating and mediating for your tax settlement. Based on your finances and tax debt, we’ll work through preparing the complete packet for your tax settlement plan. This might be a short-term payment plan, long-term payment plan, offer in compromise, or another tax resolution option, depending on your needs.

It’s important to note that this stage can take some time. The IRS often takes months to approve an application for a settlement plan, which is why we put in the work to stop collection actions before we begin this process. Should your application be rejected, we’ll sit down with you to reevaluate, examine the options, and contest the decision or apply for a different settlement option. Throughout the process, we’ll handle all communication with the IRS so that you don’t have to worry about staying on top of the application and review process. If additional documents are required, we will either submit them (if we have them on hand) or request them from you and send them on to the IRS on your behalf.

Step 4: The Relief You Need

The fourth and final step of our process is getting you the tax relief you so rightly deserve. We can often help this happen more quickly than is possible when applying on your own, but it’s important to note that receiving your payment plan or settlement offer is not the end of your tax debt. Depending on the option you receive, you may need to make one lump sum payment (as with an offer in compromise) or keep up with a monthly payment plan (as with a long-term payment plan) for several years.

So long as you keep to the terms of your tax relief offer and continue to file your tax returns each year, you can experience the relief of getting your tax debt under control and getting your finances back in order.

Let Us Help You

If you’re suffering under accumulating interest and penalties for unpaid taxes, having your wages garnished, or have had a tax lien placed on your property, the IRS Advocates can help. Contact us today to schedule your free consultation and learn what your options are. You have nothing to lose and a world of freedom and financial relief to gain.