Are you struggling with tax debt? You’re not alone, and there’s good news: relief options aren’t just for the wealthy or those with high-powered accountants. Whether you’re facing an IRS error, financial hardship, or simply can’t pay your tax bill, there are solutions available for you.
Tax debt can arise from many situations. You might receive a notice from the IRS about a discrepancy on a past return – perhaps due to an innocent reporting error or missing documentation. These notices often include penalties and interest that can make the situation feel overwhelming.
Sometimes tax debt accumulates from unfiled returns or legitimate balances that have grown due to financial difficulties. Many people are surprised when they’re included in the IRS Correction Program, which is largely automated and can generate adjustments without personal review.
While the IRS should carry the burden of proof in tax assessments, in practice, you often need to defend yourself. You might find yourself responsible for an amount you don’t fully understand, with interest and penalties growing while you try to make sense of the situation.
This is where an experienced tax professional becomes your greatest ally. A qualified tax consultant can:
If you’ve received a notice from the IRS, taking action promptly gives you more options and better chances for a favorable outcome. Tax issues rarely resolve themselves and often become more complicated over time.
If you’re struggling with back taxes, William McConnaughy, CPA can help. With extensive experience including time as a former IRS Revenue Agent, William offers personalized strategies to resolve even complex tax issues.
Call (916) 979-7690 or request a consultation online today to start your journey toward tax relief.