| With years of record deficits (and even more in the | | | | with the IRS. |
| proposed budget), the government is more eager than | | | | Reducing back taxes and IRS penalties little secret #5: |
| ever to get every dollar of back taxes and IRS | | | | You can end IRS audits. |
| penalties from delinquent taxpayers. If you find yourself | | | | There have been whole books written about avoiding |
| owing back taxes and IRS penalties, here are the | | | | back taxes and IRS penalties. Every year those books |
| seven little secrets the IRS hopes you never see. | | | | get updated. Any good tax attorney or Certified Tax |
| Reducing back taxes and IRS penalties little secret | | | | Resolution Specialist will tell you that the best way to |
| #1: Knowing your taxpayer rights gives you leverage. | | | | avoid an audit is to file and pay on time. If you can't |
| The most significant way to reduce back taxes and | | | | pay in full, at least make a token payment of $5 to |
| IRS penalties in the audit process is to know your | | | | avoid nonpayment IRS penalties. |
| rights as a taxpayer. Instead of feeling powerless in | | | | If you get an audit letter, a tax attorney or Certified |
| the face of potentially crushing back taxes and IRS | | | | Tax Resolution Specialist knows the steps to take to |
| penalties, a good tax attorney or a Certified Tax | | | | end the audit quickly. You wouldn't believe how long |
| Resolution Specialist will allay your fears by informing | | | | some IRS auditors take to perform an audit. Just to |
| you of all the rights and options that are available to | | | | give you an indication, once your audit reaches the |
| you. | | | | 28th month stage, the IRS will ask you to file Form |
| Reducing back taxes and IRS penalties little secret #2: | | | | 872, granting the IRS an extension to continue auditing. |
| Filing unfiled tax returns is an opportunity for a fresh | | | | Every tax attorney or Certified Tax Resolution |
| start. You can get a fresh start on your back taxes | | | | Specialist in the country will tell you not to sign without |
| and IRS penalties, even if you haven't filed your returns | | | | trying to negotiate a back taxes and IRS penalty deal. |
| in seven years. Think of it as a back taxes and IRS | | | | Once an audit reaches the THREE-YEAR mark, Uncle |
| penalty reboot. Any tax attorney or Certified Tax | | | | Sam can't levy IRS penalties. (This almost never |
| Resolution Specialist will tell you that you won't get off | | | | happens.) So unless you want to possibly lose almost |
| scot free (trivia point: "scot free" is a 13th century | | | | three years of your life to the IRS, let your tax |
| Scandinavian term for tax free), but you can improve | | | | attorney or Certified Tax Resolution Specialist find a |
| your back taxes and IRS penalty situation. | | | | way to end the audit as soon as possible. |
| Yes, in addition to the regular back taxes debt and | | | | |
| standard IRS penalties, you might have to pay as | | | | Reducing back taxes and IRS penalties little secret #6: |
| much as 25% in non-filing and non-payment IRS | | | | Legal representation for audits vastly improves your |
| penalties, but in going back years to file unfiled tax | | | | chances for succesful tax resolution. |
| returns, you have the benefit of 20/20 hindsight. You | | | | If you get audited, talking to the auditor yourself is the |
| can amortize losses. A tax attorney or Certified Tax | | | | worst thing you can do. Everything you say is an |
| Resolution Specialist, by submitting several years at | | | | admission of guilt (at least in the eyes of the IRS). |
| once, may get you a better deal on an individual year | | | | Every tax attorney or Certified Tax Resolution |
| by reducing your back taxes and IRS penalties | | | | Specialist can tell you real life horror stories where a |
| collectively. | | | | taxpayer made what they thought was an innocent or |
| Reducing back taxes and IRS penalties little secret #3: | | | | helpful comment that landed them with HUGE back |
| Take your pick of 148 IRS penalties. Just like Eskimos | | | | taxes debt and IRS penalties. As the proverb states, |
| have 40 words for snow, Internal Revenue has over | | | | "he who is his own lawyer has a fool for a client." |
| 148 different IRS penalties they CAN hit you with. Even | | | | Treat an IRS audit as seriously as you would a murder |
| the best tax attorney or Certified Tax Resolution | | | | trial. You are looking at jail time here. Get tax help from |
| Specialist might not be able to prove your back taxes | | | | a tax attorney or Certified Tax Resolution Specialist |
| innocence, but your tax attorney or Certified Tax | | | | as fast as you can. |
| Resolution Specialist might be able to persuade the IRS | | | | |
| to levy a lesser back taxes debt and IRS penalty. | | | | Reducing back taxes and IRS penalties little secret #7: |
| The IRS auditor on the other side of the desk has a lot | | | | The IRS does make deals. |
| of latitude to decide what IRS penalty to inflict. This is | | | | The tax man does make deals on back taxes owed, |
| where a seasoned tax attorney or Certified Tax | | | | including interest and IRS penalties. Because this is |
| Resolution Specialist earns their fee. A tax attorney or | | | | probably your first time before the IRS, you don't know |
| Certified Tax Resolution Specialist is fully fluent in | | | | the kind of deals you can get. A tax attorney or |
| every tiny nuance of the IRS tax code language. | | | | Certified Tax Resolution Specialist makes deals with |
| Watching your tax attorney or Certified Tax | | | | them all day every day including negotiating Offer In |
| Resolution Specialist haggling with an agent over back | | | | Compromise tax settlements and IRS payment plan. A |
| taxes and IRS penalties, is like watching an opera in a | | | | tax attorney or Certified Tax Resolution Specialist has |
| language you don't understand. One virtuoso | | | | a professional relationship with IRS auditors. They |
| performance later, what you feared would be a dark | | | | know not only what deals they have personally gotten |
| and stormy bloodbath finishes with a happy ending. | | | | from the IRS in the past, but a good tax attorney or |
| Reducing back taxes and IRS penalties little secret #4: | | | | Certified Tax Resolution Specialist hears about the |
| You can reduce IRS penalties to zero for reasonable | | | | best deals others have gotten from the IRS, as well. |
| cause. If you've got a superstar tax attorney or | | | | You want a tax attorney or Certified Tax Resolution |
| Certified Tax Resolution Specialist, they can help you | | | | Specialist, and their deal-making experience, in your |
| reduce the IRS penalties to zero. You have to show | | | | corner. |
| reasonable cause, but this is what tax attorneys or | | | | When it comes to an IRS audit or reducing your back |
| Certified Tax Resolution Specialists do. You may think | | | | taxes, you may feel you've been dealt a bad hand, but |
| you've got a reasonable cause to reduce IRS | | | | knowing these seven little secrets to reducing back |
| penalties, but in most cases your back taxes excuse | | | | taxes and IRS penalties can be your ace in the hole. |
| has been tried a million times before without success. | | | | Getting an experienced tax attorney or Certified Tax |
| Only someone who knows the IRS tax code inside | | | | Resolution Specialist to play your cards is the best |
| and out (like a tax attorney or Certified Tax Resolution | | | | way to walk away from this high-stakes game a |
| Specialist) will know what "reasonable causes" work | | | | winner. |