What does RESOLUTION look like if you’re a business owner with substantial tax issues?
If you’re deep in this problem right now, what does the light at the end of the tunnel look like?
This is one of the most misunderstood aspects of back tax problems, because there is so much noise out there by unscrupulous tax companies claiming that they’ll make your tax problem miraculously disappear for pennies on the dollar.
Obviously, if you’re a business owner with a profitable business (like our clients), there’s no shortcuts where the IRS rewards you for not paying your taxes.
But you NEED some kind of resolution that isn’t just liquidating every nickel to your name. So what is that resolution?
I tell my clients that the most important resolution is: a path forward that works for YOU.
How can you pay the IRS what you can, on your own terms, over time, so you can actually manage and budget it with your cashflow?
How do you protect your assets from seizure?
Is there a way to potentially reduce some of the penalties on your account, if your reason for not filing or paying was something beyond your control?
How can you reorganize and rearrange your personal / business affairs to avoid ever having this problem again in the future?
How can you restructure your cash flow, debt load, and other aspects of your financial life to obtain the overall lowest cost of capital in repaying the IRS?
And more!
For the vast majority of my clients, the thing that sucks the most about having an IRS is problem is NEVER paying the IRS…
…it’s dealing with the stress, uncertainty, and anxiety of an UNRESOLVED IRS problem lingering over their shoulder.
When you focus on negotiating with the IRS for a path forward…combined with a willingness to change things in your business and your life to never have a problem with them again…you will be able to get this problem out of your life ASAP and on your own terms.