Start Resolving Tax Debt Today When You Work With This Relief Company Tax resolution is affordable with this two-phase process.
By Entrepreneur Store Edited by Jason Fell
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Doing your own taxes is complicated, especially if you're a small-business owner or freelancer. Which money is yours and which is this business's—and does it really matter on your tax form? If you underreported or misrepresented your income on your tax forms, you're not alone in dreading this coming Tax Day. Especially amid the rapid changes to tax situations like what happened in 2020, many people make errors each year when filing business and freelance taxes.
But, just because it's common doesn't mean it's easy to solve. If you have tax debt that you need to resolve, you need professional help to make things right. With the right representation, you can stop the threatening letters from the IRS. Find affordable and transparent tax assistance with Community Tax, a debt resolution company committed to helping you resolve your tax issues.
How to afford tax relief.
Many are afraid of digging a deeper hole once they get involved in tax issues. Who can realistically afford to pay a high fee for tax debt relief when your tax debt is only growing? That's why Community Tax offers some of the most competitive pricing in the industry despite being a large, established company.
If you're thinking about working with Community Tax, start with a free consultation. Then, for a fee under $300, it will dive into your tax records and deliver a detailed discovery report. If you lost track along the way of what you owed, this is the time where you can find out from Community Tax what to tackle first.
The fees range from $750 to $5,000 for a resolution, and the prices are commensurate with the work performed. The average resolution cost is somewhere around $2,000, with $1,500 for unfiled tax returns as well.
Once you get started, payments to Community Tax are structured alongside your resolution payments. You'll only pay once you can see the light at the end of the tunnel again.
Fix errors on your return.
After going through the consultation, you'll get to decide if you'd like to hire Community Tax as your representation with the IRS and state tax revenue agencies. If so, it will begin a multi-phase process to resolve your tax debt.
The two-phase process Community Tax utilizes makes it possible to fix the errors on your return, such as misreporting income or expenses as well as incorrect mixing of personal and business finances. In the first phase, Community Tax investigates the totality of your tax debt. In the second phase, they work with you and revenue agencies to set up a realistic resolution.
Get real solutions.
When you have the right representation, you can get real solutions. These include things like tax abatement or an offer in compromise, which will make it easier for you to meet payment expectations. Tax abatement can remove accruing penalties while an offer in compromise is a settlement for a lower amount of money.
Throughout the process, Community Tax keeps you informed of all costs and stages, so you know where your money goes. It strives to provide honest, upfront service throughout the complicated process so that business owners and freelancers can feel in control of their financial situation again.
Settle your IRS or state tax debt with the experienced and knowledgeable representation provided by Community Tax. You already do so much in your own business—get a trustworthy tax expert on your side to handle this step.
