IRS Tax Debt Red Oak
We help clients in Red Oak, Texas with IRS collections, tax debts, and audits, including IRS payment agreements, collections, and audits.
The chances of being audited by the IRS are not high. This is particularly true for taxpayers in Red Oak, Texas. The IRS audit rate has been at all time low. This is of little consolation for those taxpayers who are actually audited. The IRS has been making large adjustments for taxpayers who are subject to audit.
Instead of examining tax returns, the IRS has centralized its work. This has resulted in the IRS trying to conduct audits via correspondence. This often results in problems in trying to convince the IRS that tax return positions are correctly reported. This typically results in taxes being owed that are not legally owed. It also results in the assessment of tax penalties, which may not have been assessed had the IRS met with and gained a better understanding of the taxpayer and their positions.
The IRS has also started to focus on collecting old tax debts. Unlike IRS audits, the chance of being contacted by the IRS for a tax debt that is outstanding has increased. This is even true for taxpayers in Red Oak.
At the same time, the IRS has improved its collections programs in light of recent economic difficulties. These changes have made it easier to resolve some unpaid tax debts.
This makes it an ideal time to try to resolve unpaid tax liabilities. This is true even if the taxpayer was not successful in working with the IRS to resolve their debts in the past.
We can help with this. We help taxpayers, including taxpayers in Red Oak, with IRS audits and unpaid tax debts. Please contact us immediately If you are in Red Oak and are under audit by the IRS or have an unpaid tax debt.