If you owe a tax debt to the IRS, you are probably worried and unsure of what to do, especially if you are unable to pay the amount you owe. You do not want the IRS to enact a bank levy or wage garnishments against you, so it is vital that you work closely with experienced tax professionals in Pasadena. A tax settlement is an option that is available to those individuals who face a financial hardship and need help paying their tax liabilities. While you can apply for a tax settlement in Pasadena on your own, it is recommended that you have proper representation.
A tax settlement is a formal agreement between you and the IRS that you both negotiate. You will be bound to the terms, so it is vital that you do not agree to the settlement unless you are happy with the numbers. We can almost guarantee you that the IRS’s first settlement offer is not their best offer.
If you would like to learn more about tax settlements in Pasadena, call Leading Tax Group today. We are here to help you.
We can hep with tax settlements, alleviate your tax liability to the IRS. Leading Tax Group based in Pasadena can reduce your taxes and help with a settlement.