When you need help settling tax debt, there's really only one choice
– an experienced tax attorney that has proven the ability to obtain
successful resolution through negotiations with the IRS. Many people
turn to their local accountant to negotiate with the IRS and are
surprised when the agreement is less than satisfactory. Being a
successful tax negotiator is a developed skill that requires ongoing
education and practice.
Talking Heads
There's a modern day expression that refers to "talking heads."
These are people who talk a lot but don't really say much. These can be
people in meetings or television analysts. Talking heads may be
educated and competent in their fields, but they lack the ability to
convey useful information.
You can certainly hire a local talking head for help settling tax
debt. But if you do, don't be surprised at the results. The IRS is an
interesting combination of fact and fiction. They use your tax returns
as fact and then often interpret rules and regulations in their favor
in a fictional manner.
It takes a lot more than a talking head to negotiate with the IRS. A
negotiator must be able to present the facts in an indisputable manner.
A tax representative must also be able to sway the IRS agent to make a
decision in your favor. This is not easy and is not a job that just
anyone is able to handle.
When you need help settling tax debt, the problem should not be left
in the hands of someone without specific negotiating experience. The
tax laws are very complicated and these complications filter down to
the forms and calculation. A tax negotiator understands the system and
is able to work with the IRS to come to agreement on how to settle your
tax debt in a way that does not traumatize your financial life.
Serious Resolutions
One of the problems with talking heads is they often deal in
generalities. When you need help settling tax debt, generalities won't
suffice. You need serious resolutions based on the current tax law and
tax rules.
A tax negotiator is only able to be effective by keeping abreast of
the changes to the rules. When someone attempts to negotiate with the
IRS and makes it clear they are not familiar with the process, the IRS
will naturally rule in a way that benefits the agency's collections.
What you really want is someone who will fight for you using knowledge
and familiarity with the negotiation process.
In other words, you want someone who will make sure that any help
settling tax debt you receive results in lower taxes, a reasonable
settlement or a fair opportunity to pay off back taxes due.