It is no secret, taxes are stressful. They can be a source of anxiety for many of us, but become especially anxiety provoking whenever the IRS gets involved. Whenever you are audited or have an issue filing your taxes, it can become too difficult for someone without specialized tax knowledge to handle on their own. However, there is good news! Enrolled agents are are tax professionals who have become licensed to represent taxpayers. This is because enrolled agents have more strenuous training when it comes to working directly with the IRS. They spend 5 years training and have to prove their competence and knowledge through difficult testing. Enrolled agents are able to represent anyone, in any state, because they are federally licensed by the US government, instead of state licensed. This can be especially helpful to those who live between multiple states, have moved, or work in a separate state than they live in.
Contact an enrolled agent immediately if the IRS has given you any indication to believe they will be placing a lien on your physical assets, to garnish your wages, or place a tax levy on your bank accounts. If you have already had a levy placed against your bank account, an enrolled agent can help you find a solution to release the levy. Additionally, if it has not happened yet, an enrolled agent has the knowledge to help postpone these actions against you, buying you time to get your affairs in order and come up with a strong plan.
Enrolled agents, such as Sandra King and Kent Hopkins have a wealth of knowledge and experience dealing with the IRS that they have the potential to help reduce your overall debt in the following ways:
Penalty Abatement: Facing this on your own can be quite difficult to overcome. Working with your enrolled agent to collect enough information to present a strong enough case in your favor, it is possible to have your penalty fees reduced or completely waived.
Offer-in-Compromise: Every situation is unique and worth exploring with a professional agent. Depending on your specific tax case, it is possible for your enrolled agent to negotiate a plan to reduce the amount of taxes you owe.
Installment Plan: If you cannot pay your taxes all at once, working agent can present a payment plan to the IRS to help you pay it off in installments you can afford.
Additionally, King Financial Services offers bookkeeping and payroll services to businesses who do not wish to take on this extra task. Choosing to work with us for your bookkeeping and payroll services allows business owners more time and freedom to do what they do best, run their businesses!
King Financial Services is an enrolled agent, empowered by The United States Treasury to prepare your personal or business tax filing. While her services are offered nationwide, Sandra King locally serves the greater Dallas-Fort Worth area, including but not limited to Arlington, Bedford, Colleyville, Euless, Fort Worth, Grand Prairie, Hurst, Mansfield, North Richland Hills, and Richland Hills.
Euless, TX 76040
Phone: (800) 503-1343
https://kingfinancialsvcs.com/
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