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WHAT IF I DON’T HAVE ANY INFORMATION?
In most cases I can get nearly all the information I need to complete your case directly from the IRS. You may need to have social security numbers of dependents and certain other information so we may get your tax liability to the lowest legal amount.
WHEN CAN I EXPECT MY TAX MATTER TO BE SOLVED?
The length of time to solve a tax matter varies according to the magnitude of each case and how timely you can answer any questions we may have. Unfiled tax returns can take as little as two weeks to complete.
IS ANY OF MY CONSULTATION FREE?
I will define your tax matter and quote a fee for services at no charge.
AFTER I RETAIN THE SERVICES OF TAXDEBT.COM, WILL I HAVE TO SPEAK TO THE IRS DIRECTLY?
No. The IRS is prohibited from directly contacting taxpayers in person or by telephone who have retained representatives with a valid Power of Attorney on file for the tax periods specified on the form.
WHAT IS THE TAXPAYER BILL OF RIGHTS?
The Taxpayer Bill of Rights specifies a set of fundamental rights taxpayers have and should be aware of when dealing with the IRS. Basic taxpayer rights as defined by the IRS are: >> The Right to Retain Representation >> The Right to a Fair and Just Tax System >> The...
DO IRS TRANSCRIPTS CONTAIN ALL THE INFORMATION I NEED TO PREPARE MY TAXES?
Not always. The IRS has information that has been provided by to them by third parties reported on various forms 1099 or 1098 from banks, customers &, educational institutions among others. There may be other taxable income and deductions the IRS has no record of that...
WHAT HAPPENS IF I OWE TAXES?
If you owe taxes then as a separate engagement I can represent you to negotiate an installment agreement, get classified as currently uncollectible or and Offer-in-Compromise as applicable to your situation.
HOW ARE MY FEES CALCULATED?
Fees are charged for representing you before the IRS and New York State, as well as for each year’s back tax returns that needs to be prepared.
WHAT ELSE CAN I EXPECT TO HAPPEN DURING OUR FIRST MEETING?
At our first meeting I will contact the IRS and New York State, define what the issues are and then stabilize the situation by getting a hold placed on enforcement action such as levies and wage garnishments. We will also gather information, such as W-2’s and 1099’s...
IF I PROVIDE MY REPRESENTATIVE A POWER OF ATTORNEY, WHAT DOES THAT ENTITLE THAT PERSON TO DO?
The Power of Attorney form 2848 only provides your representative the authority to represent you before the IRS regarding tax matters such as inspecting confidential tax information, signing agreements, consents, waivers or other documents with respect to matters...
HOW DO I QUALIFY FOR AN INSTALLMENT AGREEMENT TO PAY MY OVERDUE TAX LIABILITIES?
First, the income tax return filing must be up to date. At that point, the IRS may require a collection information statement to determine how much you can afford to pay each month. In some cases, if you propose a minimum monthly amount that meets their criteria, all...
I’M IN TAX TROUBLE – WHAT’S MY FIRST STEP?
Contact an experienced tax debt relief specialist to start the planning process. Define the problem and then gather information.