Where do you start? First find a tax professional such an Enrolled Agent to a complete analysis of your specific situation. With the analysis you will compare what you spend with what the IRS allows. There will be an analysis of assets to check on equity you have in any real estate, including the home you occupy. There is also an examination of the amount time left on the collection statute. A proper analysis is necessary to know exactly what you can and cannot due.
Can some type of loan be used to help make you uncollectable? Will filing the state tax returns first help you with the IRS? These are just two of the questions that can be asked during the representation process.
Marcelino Dodge, EA can complete the analysis and help you get your tax issues resolved.
525 N Cascade Ave., Suite 200
Colorado Springs, CO 80903
(719) 359-8789
success@cashtracksfinancial.com
.jpg)