You Filed Your Taxes But Didn’t Expect To Owe So Much. You Now Have Back Taxes Owed.

So, imagine you’ve filed your taxes, but the amount owed is way more than you can afford to pay. Even though you plan to settle the debt when things pick up, before you know it, years have gone by. Then suddenly, you receive a notice from the IRS stating that you owe three or four times the original amount due to penalties and interest. This problem leads to back taxes owed.

It’s The Penalties and Interest That Will Do You In

Ready to take control of your tax situation? The penalties and interest may add up fast, but you have options. You could write a large check to cover the total amount, including interest and penalties. Alternatively, you could ignore those threatening letters while the penalties and interest grow. A better idea is to set up a consultation with the Connecticut Tax Resolution Service. We can work with the IRS to develop a plan that may allow us to reduce the penalties and resolve your tax issue.

There Are Ways To Get You Out Of This Problem

Back taxes owed is a problem with a solution. Our analysis will determine if you have the means to pay. Let the Connecticut Tax Resolution Service represent you to secure an Installment Agreement with the IRS. Do you have the means to pay a partial amount? Let the Connecticut Tax Resolution Service set up an Offer In Compromise or a Partial Pay Installment Agreement. If our analysis shows that you are insolvent by IRS standards, let the Connecticut Tax Resolution Service work with the IRS to have you considered Currently Not Collectible. Ignoring the bill will only increase the bill. Let the Connecticut Tax Resolution Service figure out a plan to get your tax problems settled.