IRS Tax Negotiation Firm Rip-offs
By Houston TX CPA Jim Trippon, on the web at www.CPAHoustonTX.com
Anyone can feel completely vulnerable and confused when they owe taxes to the IRS. This is a situation that most people don't expect to be in. And since most people are scared of the IRS, they tend to panic in such a situation when it actually happens to them. If you too are facing a similar situation where you owe taxes to the IRS, don't panic – think with a cool mind and get the right person to represent your interests. Most of the times, people are misled and hire the wrong people to get relief from the IRS. But sadly, the persons that they choose for solving their tax problems are not properly qualified. Thus very often people land in a bigger mess as the IRS tax negotiation firms that they have selected, give them false promises and rip them off badly.
You should only select a person who is a tax professional and has the right amount of knowledge about tax matters. Thus you either need a CPA, attorney or an EA (Enrolled Agent) to represent your case before the IRS in case you are facing a tax problem. Besides them no one can help you in your tax matters.
You should first discuss your tax-related problem with the tax professional in detail before you decide to give a retainer or sign a contract with him. A number of tax professionals might give free consultation by email or phone, but there will be others who don't follow this policy. It is important that the tax professional understands your case totally. Besides this he should also be aware of your financial condition. Only then would it be wise on your part to give him money for his services.
You can check the internet to know more about the tax resolution firms and find out information on the genuine tax resolution firms. Confirm if the firms you are interested in are specialists in IRS collection divisions. You should also check if their Offers in any Compromise have been accepted. A proper tax representative should handle audits as well as complicated returns for non-filers and IRS collection division problems. Select one of those representatives whose record of getting their clients' Offers is very high.
There have been ample cases where a firm has completed forms for their clients but have not taken the Power of Attorney and thus cannot negotiate on their behalf to the IRS. In most cases such firms don't even possess a license that would have allowed them to talk to the IRS. Thus such a firm will not serve your purpose when you have a major tax problem.
Finally a large number of smooth operators will make endless promises like getting your penalties and interest wiped out with their help. Although such promises sound very good, they never come true. This is done by the shady firms to squeeze out your money. Penalties can only be reduced in certain cases that are deemed as reasonable cause by the IRS. And remember you can hire a tax representative from any part of the US. So keep all these things in mind before you hire a tax representative to solve your tax problems with the IRS.
About the Author: Jim Trippon CPA is the founder of J.M. Trippon & Company, PC a CPA firm in Houston, Texas that works with Houston business owners and their families. For more information, or for help with IRS negotiations or tax reporting for your family or business, please contact Houston TX CPA Jim Trippon at 713-661-1040 or visit our website at www.CPAHoustonTX.com.