August 23, 2008
US Tax Debt Relief
US tax debt relief is not a benefit reserved just for the wealthy who can afford expensive attorneys. Anyone can find relief when a tax burden has become unbearable and there’s no way to pay. You can, and should, challenge taxes you don’t think are correctly assessed or when you don’t see a good way to pay the assessment.Making CorrectionsUS tax debt relief can take many different forms depending on the situation. In many cases, the tax debt is created unexpectedly when you get a letter in the mail telling you there’s been an error on a return and you now owe taxes, penalties and interest. In other cases, the taxes are legitimate taxes owed from unfiled tax returns or unpaid taxes, but there’s simply no money to apply towards the balance due.Returns that are marked for collection due to an error in the return are processed through a computer system that contains hundreds of automatic letters. It’s frustrating enough to find out you owe taxes, but the frustration level increases when you find yourself dealing with a computer. The IRS calls these computer generated letters and tax return adjustments the IRS Correction Program.The IRS can make a tax assessment […]
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