How does tax debt relief work?

Process, Analaysis, and Assessment cogs

There are many tools the IRS can use to force you to pay your tax debt, and they won’t hesitate to use them! Putting a lien on your property, garnishing your wages, and adding penalties are just some of the things they have the authority to do. They can also pull money out of your bank accounts, hold your refund, and in some cases, they can even revoke your passport. Once the IRS or state agency starts wielding their power over you, it can be very hard to recover. The quicker you can get the IRS out of your financial life, the better.

 

Here's how TaxAudit’s tax debt relief program can work for you.


With tax debt relief, TaxAudit works with you to proactively engage with the IRS or state agency to come to an agreement on how to get the debt paid off. What this agreement looks like will be different for each person and is greatly dependent on how much debt you have and your financial situation.

 

When the IRS looks at your case, they are looking at your potential to pay off the debt. If you can prove a financial hardship, the IRS may settle your debt for less than you owe. In many cases they would rather get a little bit of money than nothing at all. Even if your potential to pay is high, we can likely get the IRS to work with you. In many cases, we can remove penalties and stop wage garnishments. We can also help you establish an affordable payment plan with the IRS.

 

TaxAudit develops a personalized tax debt relief plan to help you get as much tax debt relief as possible.


There are many solutions to tax debt. Finding the right solution or combination of solutions for your unique financial situation can be difficult and time consuming for the average person. With decades of combined experience dealing with the IRS, TaxAudit’s licensed tax professionals will figure out the best solutions for your specific case.
 

Here is how it works:


Step 1 – Free Consultation
Call 855.893.2308 or fill out a form to request a free consultation. During your free consultation, you will not speak to a salesperson. Rather, you will speak with a licensed tax professional. This tax professional will ask you some questions, listen to your concerns, and get a general understanding of your tax debt story. By the end of your conversation, you will have good idea if TaxAudit can help you reduce or even eliminate your tax debt.

Step 2 – Compressive Assessment
If TaxAudit can help, the next step is a Compressive Assessment of your situation. This is when your tax professional will develop a realistic plan for battling your tax debt based on a thorough evaluation of your financial situation. Your tax professional will ask you for information and documents that you will need to provide before this assessment can be completed. He or she will then lay out a plan to get you the most tax debt relief as possible and discuss this best course of action with you. At this time, your tax professional will give you a flat fee quote for TaxAudit to perform the services outlined in your action plan. By the end of your assessment, you will have a plan tailored to your tax debt situation and a flat fee quote for the services recommend in your case.

Step 3 – Resolution
Once you have accepted TaxAudit’s quote for Tax Debt Relief services, your tax professional will get to work on your case. He or she will prepare all the necessary forms and paperwork and submit them to the IRS or state taxing agency on your behalf. Your tax professional will represent you throughout any negotiations with the IRS, always keeping your best interests in mind. Throughout the process, he or she you will keep you updated on the status of your case, all the way through resolution.
 


From the first phone call to the final resolution of your case, TaxAudit will treat you as if you are our only client. We will work vigorously for the best possible outcome of your situation.
 

Where should I start?


At TaxAudit, we can help you find the path that maximizes your relief from tax debt. Start now by calling 855.893.2308 to schedule your free consultation.


Our representatives know how to navigate the complex tax laws and regulations and have spent thousands of hours dealing with the IRS in their careers. They are dedicated to making a difference in the lives of taxpayers every day.

Schedule Your Free Tax Debt Relief Consultation


During your appointment, a licensed tax professional will answer your initial questions and determine if we can help based on your financial situation.

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