Form 433a, Collection Information Statement for Wage Earners and Self-Employed Individuals, assists taxpayers in submitting an Offer in Compromise to the IRS. Instant Tax Solutions can help you provide the information the IRS needs to get the best results from your Offer in Compromise.
Why Instant Tax Solutions? Scams are not part of the plan, that’s why!
Consumers often ask Instant Tax Solutions if scams are part of their business. The most honest and simplified answer to that question is no. Instant Tax Solutions only employs staff that are respected in their professions as good, hardworking tax professionals. At Instant Tax Solutions, scams are viewed as about the worst thing a tax “professional” can do because it undermines what legitimate agencies work hard to manage for their clients every day. There are, however, untrue rumors of an Instant Tax Solutions scam floating around cyberspace. These claims are false and should be ignored.
Regularly helps taxpayers file an Offer in Compromise, which allows the IRS and delinquent taxpayer to work out a plan to repay the debt in a way that is agreeable both to the government’s tax collection agency and the debtor. With more than forty tax attorneys, CPAs, and former IRS agents on staff, Instant Tax Solutions is well prepared to facilitate a mutually amicable agreement. The Offer in Compromise can reduce your tax debt significantly. But it must be proven that there is doubt as to your liability or the IRS can determine that you will not be financially capable of repaying the debt in a reasonable period of time, Instant Tax Solutions says. If Instant Tax Solutions can provide to the IRS reasonable doubt as to collectability within the statute of limitations, the IRS may decide to come to a settlement that better fits your needs.
Instant Tax Solutions can help you submit a 433a form that will convince the IRS to lower your tax debt, presuming your particular situation fits the requirements. The 433a form, requests details of your financial situation that may help your case, including legal action against you, past bankruptcies and any recent decreases in wages. According to Instant Tax Solutions, the form also requests full disclosure of your income and debts to better help the IRS determine your current financial situation.
According to Instant Tax Solutions, scams have a way of filtering through almost every profession. Unfortunately, says Byron Pedersen, scams in the financial services sector have the most negative impact on the public. The good news is that with the services of a reputable tax debt resolution agency like Instant Tax Solutions, scams are one less worry to consumers in trouble with Uncle Sam. ITS offers taxpayers peace of mind by completing a detailed financial analysis prior to taking on their case. Unlike scam agencies, if the professionals at Instant Tax Solutions do not feel that a resolution with the IRS is possible, they inform the consumer. At Instant Tax Solutions, scams are not part of the service.
There are several qualifications for an Offer in Compromise. You must be current on all of your tax return filings, and you cannot have a pending bankruptcy case. Instant Tax Solutions will advise you to have all of your documentation in order and you must file form 433a, as well as form 656, which is the set of Offer in Compromise forms. The Offer in Compromise requires a $150 filing fee, payable at the time of submitting the forms, Instant Tax Solutions concludes.
Instant Tax Solutions: Scams Sighted on Internet Planted by Rival Firms
In the latter part of 2010, posts of an Instant Tax Solutions scam, along with personal attacks on owner Byron Pedersen, began popping up online. These rants, claiming an Instant Tax Solutions scam and implying the firm was anything but top-notch, have been attributed to a rival tax firm. If you are seeking legal counsel regarding IRS debt, please be advised that there are no legitimate Instant Tax Solutions scam postings, and that the staff is ready to help you resolve your IRS debt legally.
Instant Tax Solutions has more than forty tax professionals that are familiar with the forms required by the IRS. Instant Tax Solutions’ staff of tax attorneys, CPAs, and IRS Enrolled Agents have more than 100 years of combined tax experience.