What to Expect When Hiring a Certified Tax Resolution Specialist

Dealing with tax issues can be a daunting and complex task for anyone, especially if you lack the necessary knowledge and experience in tax laws and regulations. In such situations, it's crucial to seek the assistance of a professional who can help you navigate the intricate web of tax obligations, represent you before the tax authorities, and negotiate a favorable resolution. 

One such expert you should consider hiring is a Certified Tax Resolution Specialist (CTRS). A CTRS is a highly qualified professional with specialized training and expertise in tax resolution, ensuring that you receive the best possible assistance in addressing your tax issues. This article will provide you with valuable information on the importance of engaging a CTRS, their qualifications, and the various services they offer to help you address your tax issues effectively and efficiently.

Understanding What a Certified Tax Resolution Specialist Does

A CTRS is a tax professional with extensive experience and expertise in resolving tax issues. They have completed rigorous training and passed a comprehensive examination administered by the American Society of Tax Problem Solvers (ASTPS) to become certified in tax resolution. 

A CTRS specializes in working with taxpayers who have complex tax problems, such as unpaid taxes, tax liens, levies, and audits. They act as intermediaries between the taxpayer and the IRS, negotiating resolutions that benefit both parties.

Different Types of Solutions Certified Tax Resolution Specialists Provide

1. Instalment Agreements: If you cannot pay your tax debt in full, a CTRS can help negotiate an installment agreement with the IRS. This allows you to make monthly payments towards your tax debt over a designated period, usually up to 72 months. There are several types of instalment agreements, and a CTRS can determine which one is most suitable for your specific situation.

2. Levy Release: A tax levy is a legal seizure of your property, such as your bank account, wages, or other assets, to satisfy a tax debt. A CTRS can work with the IRS to release the levy by negotiating a payment plan or proving that the levy is causing you financial hardship. In some cases, a CTRS may also be able to get the levy released if the tax debt is incorrect or has already been paid.

3. Lien Relief: A tax lien is a legal claim against your property as security for a tax debt. If you have a tax lien on your property, it can make it difficult to sell or refinance your home. A CTRS can help negotiate a lien withdrawal, subordination, or discharge, which can make it easier for you to sell or refinance your property.

4. Offer in Compromise: An Offer in Compromise (OIC) is a settlement agreement between you and the IRS, allowing you to pay a reduced amount to satisfy your tax debt. A CTRS can help determine if you qualify for an OIC, gather the required documentation, and negotiate the terms of the agreement with the IRS.

Why It's Worth Hiring a Certified Tax Resolution Specialist

1. Expertise: A CTRS has extensive knowledge of tax laws, IRS procedures, and negotiation strategies. They can provide tailored solutions to your specific tax problems and ensure that you're in compliance with all tax laws and regulations.

2. Save Time and Stress: Dealing with tax issues can be time-consuming and stressful. Hiring a CTRS allows you to focus on your personal and professional life while they handle the resolution process.

3. Better Outcomes: A CTRS can often negotiate better terms and settlements with the IRS than you could on your own. They have a deep understanding of the IRS's policies and procedures and can leverage their expertise to secure favorable resolutions.

4. Protection of Your Rights: A CTRS can help protect your rights as a taxpayer, ensuring that the IRS does not take any unjust or illegal actions against you. They can also represent you in IRS hearings and appeals, giving you a stronger voice in the resolution process.

The Bottom Line

Hiring a CTRS is worth it for the expertise, representation, peace of mind, and time savings they provide, ensuring that you can overcome your tax issues and move forward with confidence.

If you are looking for a Certified Tax Resolution Specialist, look no further than Hawk Tax Solutions. We are committed to providing you with the highest quality of service and the most up-to-date information available. Contact us today to learn more about how we can help you!