What is Tax Resolution?
Tax Resolution is a process that permanently resolves IRS and State Tax issues. When faced with the brutal IRS collections department that will not go away, a certified tax resolution specialist that is on your side, steps in to stop the harassment.
Why is it important to resolve an IRS issue? Because the IRS does not go away!
No one wants to deal with the IRS – but you should not ignore them. The IRS has policies and procedures for enforcement and collection. The penalties and interest can add up so fast that you can owe twice the amount of the original tax debt.
Here is what happens if you ignore the notice:
The IRS will make a change to the return (which could include adding income, removing legitimate deductions and credits from your original filed tax return).
The IRS will propose new taxes and even add penalties.
You will receive a 90-day letter for Notice of Deficiency for not paying the tax.
You will have 90-days to file a petition with the US Tax court to dispute the new balance of assessment.
If you still do not do anything, the IRS can now collect the new amount of taxes by any means necessary.
A no response to the IRS waives your appeal rights to contest the new balance they added to your tax bill.