The events of 2020 threw everyone for a loop. Especially at a time of sudden financial upheaval, selling assets and or withdrawing from your retirement account seems like the responsible thing to do. After all, bills have to stay paid somehow.
Similarly, your work situation may have changed suddenly, meaning you were working remotely in a state that is different from your job and requiring out-of-state taxes. With limited options and a lot of uncertainty, it's not like you were going to give up your job.
But, if this was the first time you'd had to sell off stocks, dip into your retirement, or adjust to working remotely, you may have gotten an unexpected—and big—tax bill. And with all the financial pressures of the last year, it makes sense if that tax bill got away from you. That's why tax debt relief agency, Community Tax, offers affordable, transparent services for folks getting back on track with capital gains taxes, retirement withdrawal taxes, or out-of-state income taxes.
What Kind of Relief Exists?
If you're stuck with huge tax bills from the IRS or a state revenue agency, you may feel trapped and uncertain about what sort of relief even exists. Your first priority is likely just trying to get the threatening letters to stop.
But, getting into tax relief means spending some time becoming familiar with the options that are available for you to resolve your tax liabilities with Internal Revenue Service.
Think you could handle paying back your taxes if you didn't have to do it all at once? A tax resolution agency can help set up an installment agreement.
Similarly, if your tax liability is bigger than you can ever imagine tackling, a tax resolution advisor may lobby for an offer in compromise. This is like a settlement for a lower amount that you have a realistic shot at paying.
Whatever relief you need, having professional representation on your side to negotiate with revenue agencies is a smart choice. Don't cost yourself by making another mistake again—work with an expert.
How Is Relief Affordable?
Worried about how you'll afford tax resolution on top of the bills owed to the revenue agency? That's understandable, as many tax resolution companies expect large payments upfront.
Community Tax knows it's more important to get you started on the road to relief than to charge right off the bat. It offers to perform its discovery investigation for around $300. During this first phase of tax relief, it assesses your tax situation. You'll be presented with an outline of a path forward.
If you decide to continue working with Community Tax during the second phase of tax relief, you'll pay further fees only as you take steps towards resolution. In this way, you take payments on once you have the future of your finances straightened out.
The Community Tax Difference
If you've been trying to work with the IRS or state tax agency about your tax liability due to capital gains taxes, retirement withdrawal taxes, or out-of-state income taxes, get professional help on your side.
Community Tax is a trustworthy relief agency that can help you get results, as it has for over 100,000 other clients. End IRS threats and get tax resolution today with Community Tax.
