For millions of Americans, tax debt is a very real issue that causes stress, financial strain, and hardship. Tax debt can quickly become a problem as well, because the IRS is very diligent in collecting what is owed them. Back taxes can often lead to severe action such as bank levies, asset and property seizure, and much more. Many people end up having to declare bankruptcy and turning over their homes to cover their tax debt.
Click Here For Tax Debt Settlements!
At Tax Tiger, we firmly believe that Americans should have a second chance to pay their tax debt, and believe it or not, a part of the IRS does as well. This is why they have created the Offer in Compromise program. We file settlements for people in all 50 states and have extensive experience with the IRS and federal tax laws. We know how much of a burden tax debt can be, and we also know the inner workings of the tax agencies and their boundaries. This combination of knowledge has led us to be recognized as one of the top tax debt relief firms in the industry.
File Tax Debt Settlements with Lawyers
In order to reduce your total tax debt, we will often apply for a settlement referred to as an Offer in Compromise. We do this for individuals that qualify because the goal is to not only give you more time to pay your back taxes, but to also reduce the total amount you owe. Settlements are agreements with the IRS that allow you to pay much less than you originally owed. Settlements are helpful to both parties because the IRS would rather have some money than none.
So why can't you file a settlement on your own? You can, but any tax expert will tell you that you would be ill advised to do so without representation on your side during this process. The fact is, more than 75 percent of the settlement paperwork filed by individuals is sent back because it wasn't filled out correctly. Of the quarter that does make it in, only half of these are given a valid review, and the rest are returned for some frivolous reason. Of the half they keep and review, half of those are rejected for reasons that can be cleared up in appeals. With experts from our team on your side, you will greatly increase the chances of obtaining a settlement, simply because we know how to use the system to your advantage.
