You probably want to leave 2020 in the dust just like everyone else–but if you have tax troubles that are hanging over from changes last year, it’s hard to move on. You’re not alone. The COVID pandemic pushed people to make big financial changes with little notice. Some of these resulted in unexpected taxes and led to tax penalties.
If you got hit with tax penalties, levies, or garnishments after withdrawing from your retirement account and investments or owing income tax in two states due to remote work during the COVID pandemic, get professional tax help in digging out from under this IRS hole. Community Tax is a transparent tax relief agency that provides the representation you need to resolve your tax debt.
You Can Afford Assistance
It may feel like you can’t afford to pay for professional representation when you go to negotiate with the IRS or state revenue agency. But the truth is you can’t afford to make mistakes by doing it yourself.
If you’ve been fielding threatening letters from the IRS and are only watching your penalties accumulate, it’s time to invest in solving the tax tangle capital gains, retirement withdrawals, or multi-state income tax payments have caused you.
Some debt relief companies ask for large payments to engage their services right at the beginning. Community Tax realizes that when you’re trying to dig your way out of a hole, one more bill isn’t going to help. For a few hundred bucks, you can meet with Community Tax for a consultation and get an idea of where you stand.
Get Back on Track
Tax resolution is a one-step-at-a-time process. Community Tax lays out each step of the way so you always know what’s coming next.
With a two-phase process, Community Tax gathers the information and then negotiates a payment plan. Once Community Tax gathers information about the capital gains or income tax you may owe on during their investigation phase, you’ll begin making payments in the resolution phase.
Having a professional to advocate on your behalf and negotiate with revenue services may get you the best possible terms for tax resolution.
Several options are available, and Community Tax can advise you on which would most likely help you. Often, those with back taxes opt to make an offer in compromise. This is a settlement for a lower amount that you can actually pay. You could also agree to make full payments if the penalties stop accruing, known as tax abatement.
Relief You Can Trust
Trying to settle tax debt puts you in a vulnerable position. That’s why you’ve probably been checking out a lot of tax relief agencies and looking for one that seems trustworthy. Community Tax is honest about their process and provides transparency every step of the way, so clients can feel in control during an uncertain time.
Put 2020 and all the tax trouble it brought with it behind you when you work with Community Tax to resolve your tax debt. Financial freedom is only steps away when you have the right advice on your side.
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