Mistakes happen and that’s why we have a tax problem resolution service. Usually these are about a miscalculation or some kind of honest mistake. Regardless of how they happen, we’ve put together a few tips that will help get you out of any hot water with the government.
Coming clean is always better than trying to hide something from the IRS. If you made a mistake that you can’t fix, it’s always better to contact them. Speaking with a revenue officer is always a good first step. You’ll be pleasantly surprised that they are almost always willing to work with you to resolve the problem.
Here’s a helpful tip before you make the call. Getting together all your financial information will make it easier to help resolve any issues you’re having. It’s also a good idea if you can bring any back taxes up to a current level or as close as possible.
The first idea here is that any Los Angeles tax problem resolution needs to be handled with transparency. If you’re showing a reasonable effort, the IRS is likely to meet you halfway.
Understand Your Options
Due diligence is one of the cornerstones of being able to resolve any and all of your tax issues. That means that you should understand all of your options about bringing things up to a current level. If you are unable to pay off your obligations in full, don’t be afraid to ask the IRS about the options they have.
Asking the right questions will help you find a solution quicker. In many cases, people who are behind in their taxes can find themselves benefiting from one of the many installment programs the government offers.
Hire a Professional
In the end, when you’re looking for resolution to any of your tax problems, hiring a professional is one of the best ideas. You should look for a chartered accountant in California that has some experience. Not only should they be able to handle tax resolution issues but be familiar with your industry at the same time.
Being honest about your situation and up front is always the best policy when it comes to dealing with the IRS. For example, you might have claimed the wrong deduction but if you can back it up with paperwork your intent might not be questioned. We’re here when you have tax problem resolution questions.