Saturday, January 5, 2013

“How to Neutralize the IRS” Quick Look at How to Work Through Your Tax Problems

How to Neutralize the IRS” is an easy to read and easy to understand guide, on options taxpayers have with the IRS, when they have unfilled taxes, or owe money to the IRS, which you do not have.

From IRS Installment Agreements, to Hardship Status, to Offer in Compromise and Bankruptcy, your options are explained. Tips on what to do, to protect yourself, your bank account and your wages, and what NOT to do, are included.  Details on how to eliminate Penalties is also included, with details on which Form to file, what to say and why.

Basically, if you are having problems with the IRS, this e-Book will inform you of your options and help you make an educated decision on what to do next.

After a taxpayer has received a Notice from the IRS, most people would think that contacting the IRS would be the first move. And in many cases, you would be correct. However, this is NOT always the best solution. Of course you want to contact the IRS within a reasonable amount of time, but the first move when dealing with a giant such as the IRS, who will identify you by a set of numbers, should be to understand what to expect, and what your options are.

Once you speak to the IRS, it may be hard or almost impossible to change your approach with them. Of course, if you are telling the IRS the truth, then most people would say it doesn’t matter what you say when you contact the IRS. This belief could not be further from the truth.

Understanding your options, BEFORE, you contact the IRS is a smart thing to do.

Knowing if you want a payment plan, a hardship status, Bankruptcy, or an Offer in Compromise (pennies on the dollar) can make a big difference in how you approach the IRS. Everything you say is typed into your tax file. Saying “the wrong” thing could hurt your chances of getting what you want.

Example: You owe the IRS $27,451. You want a payment plan. You can afford to pay the IRS $550 a month. But because you owe over $25,000 the IRS will require that form 433A or 433B, be completed. You say, ”No problem.” The Form is only a mini-financial statement, which will help the IRS determine how much YOU should pay THEM each month. (Usually, the IRS will encourage you to complete this Form over the phone or to fax to them)

You have done your homework, you have figured your budget to the last dime. You have included all of your monthly expenses and you place this information on the 433A. Your teenage daughter is in a private school, $450 a month, not expensive but definitely not public school. Your family has regular monthly expenses which any family has, including a $120 a month cable bill.

If you purchased this e-Book, you would know that the IRS will increase your monthly payment from $550 a month to $1120 a month. The cable bill, nor your child’s private education are considered acceptable expenses, when you owe the IRS!

There is NO way to back up and change your 433A or 433B. You would be stuck with the $1120 a month installment payment, and your teenage daughter may lose her option for private school.

These options can be explained by any tax attorney for $150 an hour. If you don’t have $150., or $25 to pay for a tax book, written by the tax attorney, then your small investment for this e-Book will serve you well.

This e-Book will speak to you in plain English and will provide you with your options, the pitfalls and the benefits of your options and the best way to implement your options. This e-Book even tells you when to make a cup of tea.  Buy Now, How to Neutralize the IRS
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