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IRS Offer in Compromise

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Instant Tax Solutions Understands Your Dilemma

You owe money to the IRS but you can’t afford to pay it. Frustrated and afraid, you put off paying, hoping that somehow it will all go away. Instant Tax Solutions understands what you’re going through and has a staff of nearly forty experienced tax professionals who can help.

According to Instant Tax Solutions, scams in the tax world have some consumers believing that Social Security monies are being refunded. This just isn’t the case. Scams sometimes do involve tax refunds but when it is all said and done, they are less than the taxpayer paid to the scheming agency. Warnings from the IRS as well as Instant Tax Solutions says scams may happen when people fill out what appear to be legitimate tax forms. Unfortunately, these forms have been fabricated to gather personal data. When this happens. scam agencies can file tax returns on behalf of the individual and have someone cash the refund checks with the named target never knowing about it. 

The Instant Tax Solutions Professionals Know How to Help

In addition to CPAs and a tax attorney, Instant Tax Solutions employs former IRS agents and IRS Enrolled Agents who can work with you to negotiate an Instant Tax Solutions approved payment agreement with the IRS. Instant Tax Solutions is experienced with all of the IRS’s forms, including the Offer in Compromise, which lets taxpayers suffering financial hardship request to lower their tax debt with an offer for a lower amount.

A recent report by ITS says scams are an unfortunate by-product of greedy business owners who charge much more money than the proposed client refund or debt. Scam tax debt resolution firms may provide results but charge fees higher than the money owed to the IRS.Sadly, say the professionals at Instant Tax Solutions, scams don’t seem to be fading in the new economic state of the nation. Credit card fraud used to be the big thing but now, scams involving taxes are more prevalent since many Americans can’t qualify for a credit card.

Instant Tax Solutions Puts Their Expertise to Work for You

But the IRS doesn’t easily grant these requests. According to the professionals at Instant Tax Solutions, the IRS uses three criteria to determine eligibility for an Offer in Compromise. According to Instant Tax Solutions, they are: doubt as to collectability, doubt as to liability, and exceptional circumstances. Instant Tax Solutions knows the importance of accurately documenting these criteria and has specialists to help you with the paperwork.

Tax Tidbits with Instant Tax Solutions: Scams and the People Who Perpetrate Them

Popular tax debt resolution agency Instant Tax Solutions says scams are typically perpetuated by former tax employees who use their knowledge of the IRS to convince taxpayers to fork out loads of cash and offer nothing but heartache in return. Devastating results of these fraudulent activities can include such severe consequences as people losing their home, says Instant Tax Solutions. Scam “tax pros” talk up the benefits of letting them handle everything and they strongly discourage taxpayer involvement in their case. Often scams don’t get noticed until it is too late. If you feel you have fallen victim to a tax scam, contact the IRS immediately.

Instant Tax Solutions Explains a Severe Hardship Claim

“A severe hardship claim tells the IRS that ‘yes it does appear that I can pay the tax debt, however in doing so my family or I will suffer severe hardship as a result of paying,” says Byron Pedersen, co-founder of Instant Tax Solutions. “A tax attorney can help a taxpayer in default prepare a very, very detailed statement.” This statement, according to Instant Tax Solutions, can make the difference between acceptance and denial.

Instant Tax Solutions Denies Scam Claims Found on Unregulated Websites

In the last few months, Instant Tax Solutions scam claims have been posted on the Internet by a rival tax firm in dispute with Instant tax Solutions. Scams stating mostly personal issues with the owners are incorrect and often inconsistent, highlighting the false nature of the claims. Ignoring these websites and validating information about Instant tax Solutions scam, complaint and reviews by real clients is suggested by the firm. The best and most reliable source is the Better Business Bureau.

Instant Tax Solutions Has the Tools that Will Help You Qualify

In addition to the three criteria, the IRS also looks at future income potential, as well as the value of any current assets, says Instant Tax Solutions’ Pedersen. The hardest of all the criteria to qualify for, according to Pedersen, is financial hardship. But Instant Tax Solutions has all the forms to help expedite the process. By contracting with a professional who understands the requirements, you’ll be able to understand what is involved and know if you might qualify before you begin.


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