Getting a letter from the IRS demanding money for back-taxes is scary. The IRS has an incredible amount of power with regard to your assets. They can garnish your paycheck directly and even put a lien on your home.
If you find yourself in this situation, fortunately you have some options. Depending on your income, you may qualify for a more manageable payment plan. If you are undergoing extreme financial hardship, your claim can be placed on hold and the IRS will cease collection activity until your circumstances change. In some cases, we can negotiate with the IRS to wipe out all or a large portion of your tax debt. We can also teach you how to do your taxes in the future so that you do not find yourself in this situation again.
Dana Stone has had success in the past helping clients to reduce their tax debt and/or get on payment plans that allow them to regain control of their finances.
If you’ve received a letter from the IRS, contact Dana Stone at (919) 772-6030 to schedule a free consultation and review what options may be available to you.