Individuals who have simply lost their way when considering how to handle their back income taxes experience tremendous fear and anxiety. “What will happen to me? What about my home? My family? My paycheck? Will the government take everything away from me that is so dear and precious?”
These questions are all rooted in reality. The IRS can garnish your wages, levy your bank accounts and take your house and home.
There is a solution for people who owe the Internal Revenue Service even $20,000 or more in taxes. Here are some simple steps to follow that can definitely make the process easier.
First, open ALL letters that you may have received from the federal government. Too many times, individuals will get postmarked official letters and simply not open them. They are afraid of what is inside, typed out – single-spaced, no less – and giving them bad news. It’s a lot better to open those letters than keeping them sealed and allowing your fears to grow and grow.
Second, be HONEST with yourself about your situation. A lot of people get the idea that life is over and they’ll never have a bright day again because of the seemingly insurmountable problem. What comes out in clarity about your tax situation is a chance to start righting that financial ship immediately.
Third, get the GUIDANCE you need. It takes a professional who has worked with all types of situations to fully grasp what you are going through in the moment. Tackling your debilitating tax situation alone is not good because your mind is foggy with fear. This is why taking those first two steps – opening all of the letters and being honest with yourself – can prepare you for getting the help that you need.
Take these three suggested steps and start your own journey from fear to peace when it comes to your income tax problems.
Premier Tax Service has over 20 years experience successfully negotiating debt settlement with the IRS. We like solving tax problems, no matter how complex. You can contact us for a free confidential case review to find out what our top expert considers is your best tax relief option. Give us a call today to help eliminate your tax fears.
