Instant Tax Solutions Explains IRS Installment Agreements
In Instant Tax Solutions | on 11.11.11 | by Instant Tax Solutions

Instant Tax Solutions Stands Ready to Help Taxpayers

You owe money to the IRS, and you want to better understand your options. Instant Tax Solutions is here to help. With a nationwide clientele, Instant Tax Solutions specializes in helping taxpayers navigate the tricky taxpaying process.


The IRS is warning taxpayers to be careful and Instant Tax Solutions says scams are getting more and more elaborate. With home printers just as good as the best four color press these days, says Instant Tax Solutions, scams are getting harder and harder to spot. An individual with any graphic talent at all can create a professional looking flyer, business cards, and carbon forms right from home. According to Instant Tax Solutions, scams often start with effective marketing. Posters, coupons, even events held in community churches may be the seeds a scammer needs to grow an operation. This is all bad news for agencies like Instant Tax Solutions. Scams have never been part of their business model but taxpayers are getting cautious and are trying to deal with the government on their own more often than just a few years ago.

 

Liens, garnishments, and levies are only some of the ways the IRS can collect money owed, says Instant Tax Solutions co-founder Byron Pedersen. Instant Tax Solutions knows the IRS has the right to post public notices, as well as contacting employers and initiating court action in order to collect.


Warning From Instant Tax Solutions: Scams Are Targeting Taxpayers

Recently, notes Instant Tax Solutions, scams regarding IRS refunds have been popping up in churches across the country. They take the well-intentioned churchgoers and have them tell family and friends how they heard (at church) that low-income taxpayers no longer need documentation to claim tax returns. This is false, says Instant Tax Solutions. Scams claiming expired credits and rebates can be recouped are also running around. Self-employment, says Instant Tax Solutions, scams have taxpayers inflating income to get the Earned Income Tax Credit.

 

Instant Tax Solutions Understands What Needs to Be Done

Instant Tax Solutions helps taxpayers understand that the IRS has processes in place to help the financially challenged pay. “While there is a specific process, the Internal Revenue Service may also employ a method to embarrass or intimidate the taxpayer to pay the amount in full,” says Instant Tax Solutions’ Pedersen. Not only could it hurt your reputation, it could do significant damage to your credit.


Tax Firm Instant Tax Solutions warns scams are targeting those with little education or in low paying jobs. The IRS has also warned taxpayers to be careful. Many individuals believe, explains Instant Tax Solutions, that scams are targeted to blue-collar workers. There are a few ways to avoid being ripped off by a bad tax firm, reports Instant Tax Solutions. Scam companies often make flyers and business cards on their home computers. They may offers “Free Money” saying no documentation is needed. These firms, says Instant Tax Solutions, are scams and should be avoided.

 

Instant Tax Solutions Will Walk You Through the Process

Instant Tax Solutions employs CPAs, IRS Enrolled Agents, former IRS agents and Legal counsel to help taxpayers negotiate with the IRS to avoid these pitfalls. Instant Tax Solutions knows many taxpayers do not realize the IRS has a Payment Agreement. According to Instant Tax Solutions, taxes as well as penalties can be paid in installments, helping alleviate the financial burden that comes from trying to pay a huge debt all at once. The professionals at Instant Tax Solutions can let you know if you qualify and can help you complete the proper paperwork. Instant Tax Solutions will work with the IRS to ensure your needs are met.


Instant Tax Solutions: Tax Scams and Avoiding Them

The IRS reports, according to Instant Tax Solutions, scams targeting taxpayers are increasing. It is advised to avoid any tax firm that claims refunds may be given on Social Security benefits. Treasury Form 1080 has been used, adds Instant Tax Solutions, in scams claiming that it may be used to transfer money from the SS fund. Other tax firms to avoid are those teaming with local churches – often they aim to target trusting devotees at their place of worship. As noted by Instant Tax Solutions, scams have no place in church and the firm is devastated to read on the Internal Revenue Service website about this happening.

 

According to Instant Tax Solutions, the IRS bases your installments on the amount of debt owed. Taxpayers owing less than $10,000 are given three years to repay the debt. $10,000-$25,000 debts must be paid back in sixty months. This requires a special form your Instant Tax Solutions representative can walk you through. If you owe more than $25,000, an Instant Tax Solutions employee can help you negotiate a Partial Payment Agreement with the IRS.


The professionals at Instant Tax Solutions report that scams are gaining momentum as the holidays approach. One way to avoid becoming a victim is to arm yourself with information, says Instant Tax Solutions. Scams and scammers are easy to spot. Often you will be asked to pay with cash, in full, before a service even commences. Many criminals are targeting the elderly, says Instant tax Solutions. Scams involving those over 75 are sometimes difficult to find out about, as these seniors feel embarrassed by having been shammed. However, according to Instant Tax Solutions, scams happen to all age groups. They encourage victims to report any scam to local authorities.

 

Instant Tax Solutions has more than forty tax professionals who can help you with the various forms required by the IRS. Instant Tax Solutions specialists have a full understanding of tax laws, as well as the IRS process, and are able to negotiate with the IRS to come to a mutually beneficial agreement. For more information, visit Instant Tax Solutions online at www.instanttaxsolutions.com.


According to Instant Tax Solutions, scams involving money are all too often aimed at the elderly. There are people “out there” who are intent, says Instant Tax Solutions, on scams geared toward our nation’s most vulnerable group. Instant Tax Solutions scam stopping advice is:

Never give out your social security number to someone calling you.
If you are alone, do not open the door to strangers.
Screen calls – always have caller ID available.
Do not carry large sums of cash.

Instant Tax Solutions reports that scams aimed at our older population have increased since the economy tanked a few years ago.

 



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