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A professional tax firm has redesigned their tax investigation program to include a 4-step process to help tax experts analyze client situations.
Oklahoma City, OK (PRWEB) March 08, 2013
CTR’s Norco tax lawyer solves taxpayer debt by performing thorough financial investigations and submitting personalized tax resolution plans to the IRS. In an effort to strengthen their services, the company created a 4-step investigation process. The purpose of this phase of tax debt settlement is to determine the best solution to a tax debt problem and tailor a plan to meet an individual’s needs. Every client is in a different situation when it comes to income and balances owed. CTR expects to see more successful resolutions when the new service has been implemented across the entire company.
“When our tax professionals at our North Las Vegas tax lawyer get through with an investigation, they have more than enough information to negotiate a settlement for their client. We need you to participate fully with your tax debt attorney so that the resolution options presented will reflect your actual financial status and help the IRS see what you can afford to pay,” stated a CTR representative.
CTR’s first step in the new investigation process is to collect all of the receipts and files kept by an individual. If the record is incomplete, it will be more difficult to get a good idea of the state of a taxpayer’s IRS debt. The company’s Oakland tax attorney obtains Power of Attorney from a client to initiate the second step, which involves requesting the individual’s Master File from the IRS. These two steps give CTR a complete picture of their client’s financial situation.
CTR bases the decisions made in the final steps on the first half of the investigation. During step three, a tax debt specialist will meet with their client to discuss the resolutions options for which they are eligible. Eligibility is based on concepts like Reasonable Collection Potential, which the IRS considers as the main factor in determining a program’s success. An individual’s RCP is based on income and assets that are available to cover the unpaid balance.
“Here at CTR’s Oklahoma City tax lawyer, we enjoy the last step of this process the most. When we reach an agreement with an individual, we know they’re on the path to resolving their tax debt. Obviously once the proposal has been submitted, the majority of the responsibility lies with the taxpayer. However, we’re never going to leave our clients without a support system. We’ll continue our relationship until the end of their payments,” stated a CTR representative.
CTR offers tax debt resolution and tax services for individuals and businesses across the United States. The company uses a three step program to create personalized strategies to help taxpayers settle their IRS debt. The company offers many services, including: state and federal tax debt resolution, IRS audit defense, tax preparation and bookkeeping.
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