Don’t be fooled by out of state companies that promise to “Settle Your Tax Debts for Pennies on the Dollar”. These companies are commonly called “Tax Resolution Firms” and in all likelihood, the person you spoke with is not an Accountant or Attorney, but rather, is a commissioned salesperson who found your name on a tax lien list. Federal Tax Liens are published and sold to the public. Commissioned salespeople are not bound by the regulations that govern practice before the Internal Revenue Service (“IRS”) Treasury Department Circular No. 230, Title 31 Code of Federal Regulations, Subtitle A, Part 10. (Rev. 6-2014) Meaning, the silver-tongued charlatan that just told you everything you wanted to hear is full of malarkey (and you know what that means). Now here’s where things get difficult – in order to successfully reduce your tax debts and penalties, you must have legal standing. Moreover, you must simultaneously satisfy the burden of proof and burden of persuasion requirement. Said plainly, “hard luck stories may be good for your friends and family, but they won’t cut it with the IRS”. In reality, Tax Representation is deceptively complex, and a little knowledge is extremely dangerous. For example, an Offer in Compromise is easy to say – but difficult to achieve. That’s why smart people hire experienced Accountants and Attorneys. But what about those grandiose claims that every Tax Resolution Firm makes, like: Joe Blow owed the IRS $100,000 and settled for $500 – well Sunshine, poor Joe Blow probably lives in a homeless shelter and has one foot in the grave and the other on a banana peel. What you should have taken away from this article:
1. The IRS is not altruistic and tax law [and the applicable rules of civil procedure] maybe more complicated than you think.
2. The best accountant and attorney isn’t always the most likable person you’ll meet (winning isn’t a popularity contest).
3. If you don’t know what you’re doing, find someone that does.
IRS or NYS Offer in Compromise Prepared and Filed within 48 Hours
Selig & Associates provides New Yorkers with the most aggressive tax representation allowed by law. Successfully defending individuals and businesses before the IRS and the New York State Department of Taxation and Finance since 2006. When you’re in trouble with the IRS, Selig & Associates is your best line of defense. For more information call (212) 974-3435 or contact us Online.
Income, Sales and Payroll Taxes
We negotiate successful tax settlements, penalty abatements and affordable re-payment plans. Consistently solving the most challenging tax problems, including unpaid income, sales and payroll taxes. To discuss your case in confidence, call us directly.
Free Legally Privileged Consultation
We offer same day and emergency appointments in our New York City office (or by telephone). To schedule a Free Legally Privileged Consultation with a licensed Tax Accountant and Attorney call (212) 974-3435 or contact us Online.
Unfiled Tax Returns Prepared and Filed within 48 Hours
Selig & Associates helps New Yorkers avoid criminal prosecution by preparing and filing up to 10 years of missing Federal and State tax returns within 48 hours of our being retained. For immediate assistance call or contact us now.
No comments:
Post a Comment