Q: What can I do to get help with my tax debt?

A: The first thing to do is remember that there are many different methods of dealing with the IRS. Don't panic! Keep in mind that the IRS wants to get money from you - they don't want to spend it. Things like tax liens, wage garnishments, and levies are going to be last resorts because the IRS needs to spend time and money setting them up. They will be willing to work with you in order to get paid.

If you're intimidated by the IRS, and most of us are, find a good tax professional. You might know someone at a local business or even a national chain who prepares your taxes for you, but many tax preparers are not equipped to handle negotiations with the IRS. Your best bet is to find a certified public accountant (CPA), or an enrolled agent. CPAs are best for handling corporate accounting, tax audits, and business consulting. And enrolled agent is a tax professional who is licensed by the IRS. If you need to negotiate with the IRS, and enrolled agent will be able to help you.

When you have an appointment with an enrolled agent, make sure you bring all your documentation with you. Take any letters that the IRS has sent regarding your debt, as well as your tax returns for the last several years. If you want to make a case for a late payment, bring documents that support your case like hospital bills or a pink slip from a lost job. If you think you might qualify for CNC status or you want to offer a payment plan, bring documentation showing your income. Be prepared, and your enrolled agent will be able to help you deal with the IRS.

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