Our emergency tax assistance is the solution for individuals going through an IRS controversy or being audited and requiring immediate help. There are various reasons why taxpayers may find themselves in trouble with the IRS. From unfiled tax returns to outstanding back taxes, you will require expert advice immediately, whatever the scenario. This is where having the most significant professional tax help could be crucial.
The Key Tax Group team of experts has successfully helped many people in your same shoes get out of their Emergency Tax situations. Unfortunately, we understand how frightening and stressful it can be when dealing with the IRS on your own. Our Emergency Tax Help services were designed with you in mind. We'll work with you one-on-one to develop the best solution for your unique Emergency Tax situation.
Getting In Trouble With The IRS
If you pay your taxes, the IRS should not have a problem with you. However, even if individuals and company owners have paid their taxes, they may still run into trouble with the IRS owing to misunderstandings. Misconceptions happen all of the time, which necessitates some clarification. Sometimes, the IRS will also make a mistake. Emergency tax help can deal with these types of issues.
How Emergency Tax Help Works
When you are in an emergency tax situation, the first step is to seek professional help from a reputable firm like Key Tax Group. We have a team of experts who are well-versed in dealing with the IRS and can provide you with the best possible solution for your unique case.
The second step is to gather all relevant documentation that pertains to your Emergency Tax situation. This may include bank statements, proof of income, tax returns, etc. Once you have all of this information ready, we will be able to work on your case and come up with the best solution moving forward.
The third and final step is to implement the solution that we come up with together. This may involve filing for an extension, working out a payment plan with the IRS, or appealing an IRS decision. Whatever the case may be, we will be with you every step to ensure that your Emergency Tax situation is resolved in the best and quickest way possible.
Reasons To Seek Emergency Tax Help
There are many reasons why you may find yourself in need of emergency tax help. Some of the most common causes include:
- Unfiled tax returns: If you have failed to file your tax return (or multiple tax returns) for one or more years, you may be subject to penalties from the IRS. In addition, the IRS may also file a return on your behalf, which could result in you owing more taxes than you do.
- Outstanding back taxes: If you have unpaid taxes from previous years, the IRS may begin to take action against you. This may include wage garnishment, bank levies, or even asset seizure.
- Employment tax problems: If your business is not withholding employment taxes correctly, you may be subject to penalties from the IRS. In addition, if you are self-employed, you may also be responsible for paying estimated quarterly taxes.
- Tax audit: If the IRS selects your tax return for an audit, it is important to seek professional help immediately. An experienced tax professional will be able to represent you during the audit and help you minimize your tax liability.
What Happens if I Do Not Get Emergency Tax Assistance?
No emergency tax assistance means you will be dealing with the IRS on your own without professional guidance to put you in the guaranteed best position possible. Key Tax Group is here to assist in protecting your rights while coming up with optimized solutions for your emergency tax help.
How To File An Extension For An S Corp
If you are an S corporation that needs more time to file your taxes, you can request an extension from the IRS. This extension will give you an additional six months to file your return. To request an extension, you must file a form as soon as possible. Our staff is well trained in arranging the whole process for you in a professional and timely manner.
How To Avoid Dealing With the IRS in the Future?
Although there are no guarantees, our emergency tax help gives you peace of mind. We are here for you whenever it is required. Whether you've been putting off submitting your taxes, not paying what you owe, or if there's been a mistake and you've been delaying payments, we can assist with resolving the problem. This implies that we collaborate with you to address all concerns, keep you up to date on what is happening, and allow you to return to your regular routine.