Debt Relief

IRS Debt Relief Companies: Overview of What Options are Available and How to Find Out if You Qualify

If you are behind on your taxes or have just received a notice from the IRS that you will have an audit, you probably feel pretty concerned. But you’re not alone. There are hundreds of thousands of citizens finding themselves in IRS debt every single year. Help is available – especially if you owe way more than you will be able to keep up with. Just learn about your options offered by IRS debt relief companies.

Of course, not all of them are equal, and some are just scams. This fear does mean that there isn’t at least one company that won’t help you. Most of these services involve a free consultation. A tax expert will help you understand the amount of tax debt you owe if you have levies or tax liens against your property, if your filings are up to date, and so forth.

You might be required to answer questions about your tax filing status and total income. Many people need help with their tax debt, to begin with, because some – if not all – of their income is through contract work or self-employment, and they fail to fill out their W-2 or 1099 forms correctly.

Whatever your circumstances may be, IRS debt relief companies will let you know if you qualify for assistance and a good candidate for their services. They might be able to contact the IRS on your behalf and halt collection calls. Some of your options may be an agreement for a partial pay installment, offer-in-compromise, penalty-relief, “innocent spouse relief,” a currently not collectible or CNC status, or interest abatement.

IRS Debt Relief Companies Can Save You Paperwork

The reason why you might want to go through IRS debt relief companies instead of trying to apply for tax relief on your own is that the paperwork may be overwhelming. It may be, even if it doesn’t appear to be at first. The IRS is very strict about how they want the forms filled out. If you don’t provide the information as accurately and accurately, your application might decline. However, a debt relief company will know exactly what to fill out on your forms and do so on your behalf.

Since not all debt relief services are equal or even legitimate, you should choose one that has a network of enrolled agents with decades of experience in helping clients resolve tax liability with both the IRS AND state levels.

Of all of the IRS debt relief companies, CuraDebt seems to stand out in terms of positive reviews and ratings. You can fill out a form to get a free consultation right now.

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