Most tax professionals work under tax relief companies. Therefore, hiring them is equal to hiring the services of the company; I guess that is obvious. The benefits associated with these services far outweigh the cost.
These companies offer a wide variety of tax resolution services, thus the services you will use is dependent on your financial situation, your conformity with the IRS, and other specific factors in your case. So, you will expect:
Free tax consultation
A majority of tax resolution services offer free consultation, whereby you will consult a tax relief representative. Normally, the consultations last for about 30 minutes during which you the tax expert will inquire a lot regarding your current financial situation and tax status to determine the option that will be suitable for you. You can also get the best tax resolution services from federaltaxresolution.
After which you will be capable to comprehend the services and benefits that you stand to get by asking for their representation in your case and the amount of money that you will have to part with for their services. Finally, they will grant the choice of hiring the firm and they can start getting you into full conformity with the filings of IRS and start the resolution process.
After hiring a Tax Relief Company
After deciding on the firm to help you on your case, they will assign you a qualified tax professional/expert. Tax professionals are of three types: CPA, tax attorney, or enrolled agent.
Depending on the gravity of your case, they may assign several to you. Normally, after that you will have to sign a power of attorney to consent to them representing you in your case before the IRS. This will also empower them to ask for your records from the IRS. Everything else that follows this will now be between the tax relief firm and the IRS.
The beginning of Tax Resolution & Settlement Process
During this process, you representatives will first make sure that you are in full conformity with all the tax filings. It is crucial that the tax filings are updated and filed properly, to come to a decision or settle taxes (almost impossible).