Our goal at Advanced Tax Solutions is to help as many people as possible address their tax problems so that they can focus on the truly important aspects of their lives. In many cases, we are the best option for a client looking to sort out
their tax situations. However, there are also plenty of cases where a client might be better off taking a DIY approach to their taxes. If full-service professional tax assistance sounds more serious than what you are looking for, you may be
better off looking into a DIY tax service like DIY Tax resolution.
Our DIY Tax resolution solution starts by identifying the forms you’ll need. One of our experts will go through them with you, line by line, explaining what the IRS wants in layman’s terms. They will identify what the IRS directions are asking you to do and what they omit. By gaining a better understanding of what the IRS wants, you’ll feel much less stressed and more in control of your situation. Having one of our experienced professionals working alongside you throughout the DIY Tax resolution is a big stress-reliever too. After you’re confident in your understanding of the IRS directions, our expert will review with you the best money saving features that can be found in the Internal Revenue Manual (IRM). Armed with this knowledge and the money saving tips from our expert, you can get the best outcome.
Budget constraints are the most common reason potential clients opt for the DIY taxes approach. If you are working with a limited budget or only have a small amount owed to the IRS, this likely applies to you. DIY tax services are also an excellent option for clients that have simple problems and basic finances or for anyone who has the time and discipline to handle the process of filing on their own. If the IRS is not currently breathing down your neck about your taxes, you may very well prefer to take the DIY approach.
There are two things that the IRS will never really tell you, but you need to consider before trying to settle your debt.
Firstly, know that the IRS will never offer up a solution until after you’ve filed all your outstanding unfiled tax returns. Most people don’t even know they have an unfiled return, and this gets them into trouble when dealing with the IRS. Our advice? Ensure all outstanding taxes are filed before contacting the IRS for a solution.
Secondly, you need to get a good understanding of the Statute of Limitations (SOL). Essentially, these limitations give the IRS up to 10 years to collect your debt, and there are very few things that can extend that period. Declaring bankruptcy and leaving the country are some of the most common ways people try and extend this period, but as you can see, the DIY TAX resolution solution process is a much simpler solution to the problems you might be facing.
If you have a high income, high net worth, or owe a significant amount of money to the IRS, you will likely prefer a more hands-on approach to sorting out your specific situation with the IRS. Clients in this position tend to have more complex finances than the average taxpayer and are often too busy earning their significant incomes to bother with addressing tax issues on their own. If the IRS is already giving you a hard time about an amount owed, having a professional tax service in your corner can make a world of difference. If that sounds like something you would like to pursue, we can help you here at Advanced Tax Solutions. But if you are more interested in information on DIY taxes online, you won’t find a better resource than the one we have put together at DIY IRS Help.