Every year, millions of people face tax issues, and owing back taxes is a particular problem in the current economic climate. If you are being audited, have neglected to file your return, haven’t reported your income correctly, or are struggling to pay your tax debt, you should contact a specialist who can explain your situation to you and negotiate with the IRS on your behalf.

The prospect of an IRS levy can be both frightening and stressful, but before you let a sense of paralysis take over, know that options do exist for getting your life back to normal. You simply need the right information, and a qualified team of resolution experts, to bring your case to a favorable close.

Identity theft is a large and growing problem in America, with millions of Americans every year falling victim to this crime. Normally, the victim finds that their card details have been stolen, or a line of credit opened in their name, but sometimes your taxes can be affected as well. If you’re worried this might happen to you, then read on to find out exactly how your tax situation may be affected, and what to do about it.

If you’ve ever had a run-in with the IRS, we don’t have to tell you that finding the right kind of professional support is key. The IRS is a powerful agency that can make your life difficult in a hurry. When that dreaded notice comes, do you call a tax attorney or a tax resolution attorney? There is a distinct difference between these two types of tax professionals. Read on to find out why someone specializing in resolution is the best choice for solving your tax problems.

If you haven’t filed your back taxes, the IRS can file a substitute return or SFR on your behalf. For many people, this comes in the form of an unpleasant surprise because a tax return substitute doesn’t take deductions into account. With 900,000 Americans neglecting to file their taxes every year, the IRS has a big backlog of unfiled taxes; but that doesn’t mean that you won’t be targeted.

Many people look forward to their tax return refund because it can act as a booster to the regular income. However, the IRS doesn’t always return this to you, and you may not receive your money if you’ve neglected certain types of debt or have under-reported your income.

After the initial fear subsides, a letter from the IRS usually puts one question in your mind: how long will it take to resolve this tax issue? Nobody wants to deal with the IRS, but by organizing your paperwork and responding in a timely fashion, you’ll see that most cases can be closed fairly quickly. And those that can’t usually need little more than additional information.

The majority of Americans don’t pay the correct amount of tax throughout the year, so you are not alone if you owe back taxes. While this issue is common, it can cause significant financial stress, especially if you find out that your partner has actually committed tax fraud and you didn’t know about it. Fortunately, you can claim innocent spouse relief in such a case. Let’s examine what this is and how you can tell whether you are eligible.

Whether you own a small business, have recently experienced a big life event, or are simply behind on filing your taxes, it may be time to contact a tax consultant. Many people avoid speaking to a professional if they are already struggling to pay their tax, but this is often counter-productive, as a consultant can help you to save money on your bill, negotiate with the IRS, file your return quickly, and minimize or even eliminate any penalties you currently owe.

If you’re one of the millions of Americans who will owe a good chunk of cash come tax season, filing and paying on time can be a challenge. Even if you think you can’t pay, it’s essential to let the IRS know, so you can figure out your available options or make a repayment plan. Here at Geaux Tax Resolution, our expert tax consultants can help you address the situation as soon as possible, so you can avoid paying insanely high penalties and interest.