California Taxpayer Advocate
If you have IRS tax debt and do not know where to begin, the first thing you should do is call California Taxpayer Advocate for a free consultation. With a no-risk and no-obligation conversation, the taxpayer advocate in California will help individuals understand their options to get relief from IRS tax debt. Services include: IRS tax debt resolution, IRS audit defense, penalty abatement assistance and tax preparation. Taxpayers with questions about their back taxes can get quick answers and learn more about the process of getting a tax settlement.
The first part of the tax resolution process is to have the California tax advocate perform a detailed financial investigation. This investigation will combine all of the financial documents provided by the client with the information requested by the tax advocate in California from the IRS that is in the government’s master file. Using that information, the investigation will determine the taxpayer’s reasonable collection potential, or how much the IRS will expect to collect from the taxpayer within the Statute of Limitations. The Statute of Limitations is usually ten years and is the length of time the IRS can collect a tax debt from a taxpayer. The Statute of Limitations is based upon when the IRS assesses the tax liability, and not the actual tax year that the taxes were due. This means the IRS could have assessed owed taxes from 1992 in 2004 and the Statute of Limitations for collections would not expire until 2014.
The second part of the tax resolution process used by the California Taxpayer Advocates is presenting the tax resolution to the IRS. This involves determining the best tax settlement option from the investigation’s findings and submitting a request to the IRS. Each type of tax resolution has a different chance of being accepted. The taxpayer advocate California knows this and will explain that to their client so that there is no confusion. If the IRS accepts the proposal, the client will need to stay compliant with the tax resolution stipulations. If the IRS denies the request, the California tax advocates will then negotiate with the IRS for a workable solution.
Call immediately if you have tax debt. The IRS will place a credit-ruining tax lien on your accounts and assets, then begin to levy those accounts and assets if steps are not taken to pay the tax liability. Taxpayers can lose their bank accounts, paychecks and even their homes. Tax advocate California will help prevent or stop these collection actions. Call now for a free consultation and get tax relief today!