In Troubele with the IRS? Secrets to Finding the Right Tax Relief Professional

There may be no hope for major companies like Lehman Brothers, Circuit City, Bed Bath and Beyond, but many struggling small to medium sized businesses could still survive the recession - all they need is some good business sense and top quality bookkeeping.

Althought that might be the case, sometimes small to medium sized businesses still get in trouble with the IRS which can be a terrible experience for everyone. The IRS imposes harsh penalties on people that are not in compliance with tax code. Using an experienced tax professional can eliminate tricky IRS tactics and will likely save you money and stress. Using a tax professional will eliminate the intimidation factor the IRS relies on when going after individuals. Many people believe that if they work with a tax professional, this will make it look like they are trying to hide something from the IRS. Believe it or not, the IRS would much rather work with a tax professional that is aware of tax laws than dealing with individual tax payers because it makes their job much easier. With that being said, what should you look for in a tax professional if you are having tax problems?

1) Locate a few tax relief companies that say they can help with your tax problem. It is important to talk with a couple companies because each one will likely have a different approach. Most of these companies will offer you a free consultation where you will get your likely outcome and a quote for the service. Talking with a few companies will also help ensure yourself that you are getting a decent deal for the price and you don't get taken advantage of by a tax company that is trying to charge much more than their service is worth.

2) Check out the company rating with the BBB. This will give you a general sense of its past business relationships. If their rating is satisfactory then you know they can likely be trusted. Be very careful with the service if it is listed as unsatisfactory.

3) Watch out for companies that are promising an outcome that is highly unlikely. Some companies will promote pennies on the dollar settlement on tax debt. This is actually extremely rare to receive and if they tell you that it is likely you will settle for pennies on the dollar before completely analyzing your financial situation, this is a big red flag.

4) Be careful of companies that charge a retainer fee. A company that has retainer fees is normally not a service based company and is more interested in collecting money from individuals than actually helping them. It is best to hire a company that plans on getting paid based on results and the service they provide and they realize that they shouldn't be paid until that service has been completed. A company that charges a retainer will likely charge you much more overall than a company that doesn't.

Once you talk to several tax professionals you will be able to make an educated decision about which one to hire based on quote, tax resolution, and your overall financial benefit you would receive. It is very important to be extremely honest about your financial situation with the tax professionals so they can give you an honest and likely outcome. The IRS has many different methods for individuals to resolve their tax problems and it is completely dependent upon an individual's financial situation.

BackTaxesHelp.com provides trusted tax solutions to people with a large variety of financial problems. We pride ourselves on having a diverse tax team that can help with a variety of IRS and state tax problems. If you need IRS back taxes relief, consider us and let us tell you your options.