Tax settlement refers to an effort to eliminate debt owed to the Internal Revenue Service (IRS) in the United States. The IRS has several programs in place to help individuals manage and pay their tax debts, such as payment plans and penalty abatement. A great deal of tax settlement help can be found on the IRS’ website and elsewhere online. For additional assistance, an individual can contact the IRS. If a person’s case is too complex for her to handle on her own, she should contact an attorney for tax settlement help.
Owing the IRS can be very problematic. If the appropriate action is not taken to the settle the debt, a person may find herself subjected to liens, levies, and property seizure. When an individual is proactive about resolving her tax bill, she can avoid these consequences and may also be able to take advantage of the some of the IRS’ settlement programs, which are designed to make paying overdue taxes less burdensome. The payment plan, for example, allows individuals to pay a portion of what is owed on a monthly basis until they are debt free.
In many cases, a person can take advantage of such options without any professional tax settlement help. Each option offered by the IRS is outlined on the agency’s website. The information found there may include eligibility requirements, the manner in which a person can access a program, and his rights in the event that the IRS rejects his efforts to handle the situation using a particular option.
If a person does not find that the IRS website provides all of the tax settlement help that she needs, there are a few other options that may help. To begin with, an individual can contact the IRS either by calling her assistance line or by going to a local office and personally speaking with a representative. She may also scour through other online resources, some of which are provided by knowledgable professionals such as attorneys and financial advisors. This may sufficiently address the concerns or questions that she has and equip her with the information needed to handle the matter on her own.
Some people, however, have more complicated issues that they may not be able to handle on their own. Sometimes individuals at the IRS can display a very uncooperative attitude and can make people feel as if no effort is good enough unless it involves immediate and full payment. In these cases, or those where property has been seized or wages have been garnished, it is wise to get professional tax settlement help from an experienced attorney. These individuals can often prevent a person from enduring the aforementioned consequences and may even be able to reverse some of the actions already taken by the IRS.