Our new website is optimized for the most current web browsing technology. If you are using an older web browser, part of our website may not function properly as designed. Please consider upgrading your browser for an error free experience.
At Solvable, we care about your financial well-being and are here to help. Our research, articles and ratings, and assessments are based strict editorial integrity. Our company gets compensated by partners who appear on our website. Here is how we get compensated.
At Solvable, we care about your financial well-being and are here to help. Our research, articles and ratings, and assessments are based strict editorial integrity. Our company gets compensated by partners who appear on our website. Here is
See More
Always do your homework concerning the specifics of your IRS debt before deciding on the best solution.
In most cases involving IRS debts,you can significantly benefit from having the expertise of a tax professional.
When searching for a tax attorney to help you resolve a debt with the Internal Revenue Service (IRS), let Solvable connect you with the most reputable tax professionals.
If you are planning to handle IRS debt on your own, consider if you have the knowledge to manage your circumstances. If the tax issue is minor, you should be able to represent yourself. When it’s a significant issue such as owing $10,000 or more in back taxes, and the IRS could justify an audit, you should consider finding some professional help.
Understanding the language of tax issues associated with IRS bureaucracies can be difficult. You may be able to figure out the lingo necessary to communicate with the IRS, but the IRS isn’t going to wait for you to prepare. Here at Solvable, we recommend connecting with a tax attorney.
Handling IRS Debt on Your Own
If you have concluded that your IRS debt is a minor issue and feel that you can resolve it on your own, be sure to do your homework. Having a basic understanding of how the tax system works will considerably benefit you. If you are undergoing an audit by the IRS and have decided to represent yourself, make sure you are doing the proper preparations.
You should always understand the tax code that relates to your situation. Making sure you can provide any required documentation is key to negotiating issues involving the IRS. By knowing the appeal process regarding any changes to your tax return that the IRS may recommend, you will be better equipped to achieve a desirable outcome. Also, familiarize yourself of where appeals will take place such as by telephone, through correspondence, or in court.
The IRS can be difficult to negotiate with concerning tax debt. Being that the IRS only has ten years to collect any debt you owe, they will work feverishly to collect that debt as fast as possible. If you show that you are willing to work to resolve the debt, the IRS may be willing to negotiate with you.
Though you may feel you can handle any situation that may arise, dealing with the IRS can quickly overwhelm you. This is especially true when you don’t have an understanding of IRS rules and tax law. When hiring a tax attorney to manage your IRS tax debt seems like the right thing to do, but you’re not sure, consider the following.
A sign that you should hire a tax attorney is when the IRS is auditing you. A tax attorney is much better equipped to handle communicating with the IRS. They will also keep your best interest in the forefront by preventing you from agreeing to anything that may be undesirable concerning your situation.
If negotiating with the IRS is necessary for settling your debts, you may need a tax attorney to assist you in obtaining the best settlement possible to resolve your tax issues. They will also work towards the IRS accepting less than you owe to prevent undue financial hardship. Circumventing any fees or penalties will also be part of what a tax attorney can do to help.
When you get a notice from the IRS that you don’t understand, a tax attorney can provide clarity to tax issues that you may not comprehend. This can prevent confusion when negotiating with the IRS and help you make the best decisions for your circumstances. Remember that tax attorneys go to school to learn how to work with the IRS.
If the IRS alerts you to their intent of pressing criminal charges against you, you should seek the services of a tax professional. This may be where a tax attorney can benefit you the most, being that they have the training and experience to deal with this type of crisis. They know how to work the system in a way that will shine a positive light on you.
It could be that due to your lack of knowledge about taxes and dealing with the IRS, you aren’t comfortable handling your tax issues alone. In most scenarios where there are tax issues, you may find that having a trusted tax attorney to take the pressure off of you is the right move.
There are certain ways to approach hiring a tax attorney that will eliminate the guesswork involved. Ask for referrals from:
Co-workers.
Friends.
Family.
Acquaintances.
It never hurts to ask someone that may have had experience with a tax attorney for a referral. Keep in mind that your tax preparer is a good source as they most likely have built up a network of trusted professionals. Make sure that the tax attorney in question is licensed in your state and has the necessary credentials.
Seek out a tax attorney that works for a tax relief firm licensed by the IRS. Tax attorneys aren’t all the same as some specialize in tax law. We recommend that you take advantage of Solvable’s services and connect with a tax attorney on our user-friendly platform. You can rest assured that all the tax professionals listed on our platform for your consideration have undergone a strict vetting process.
The cost of hiring a tax attorney alters depending on certain factors. The average charge for a tax attorney is $200 to $400 per hour. The cost for the services of a tax attorney and can vary based on the complexity of your case. Some tax attorneys offer a free consultation while others charge fees for initial consultations. In most cases, tax attorneys require retainer fees for their services. Always voice your concerns about costs with a tax attorney before hiring them.
Don’t fall into despair over tax issues that stem from IRS debt. Take time to familiarize yourself with the circumstances of your situation and endeavor to find the help you need. Solvable is here to equip you with knowledge about taxes and to provide you with the most convenient way to connect with tax professionals.
Solvable is a for-profit company that helps customers resolve their tax problems, but a free service for consumers. Partners cannot pay us to guarantee favorable editorial reviews or ratings. We do not publish favorable (or unfavorable) editorial reviews or assessments at the direction of an advertiser or partner. We always work to put consumers first and do our best to provide value in meaningful ways, but our reviews are subjective.
How We Make Money
Solvable is compensated by some of the companies seen on our website. Most often, Solvable receives fees when one of our readers clicks, fills out a form, applies for, or receives a financial product from one of our partners. We also earn fees for capturing consumer stories and writing about them, displaying advertising, having our partners sponsor certain parts of the site, and writing content that may be relevant to our partner and their audience. This compensation may impact where products appear on this site, including article pages, comparison listings, the order in which they appear or if they will even appear on a given page, and our matching recommendations. Solvable has not written about, reviewed, or rated all financial products available to consumers.
In addition, we may be compensated in the following ways:
Referrals to consumers who use the online form or locator line that may provide expert answers to questions;
Marketing tax resolution, tax preparation, tax audit help and general tax assistance.
Referrals to services that help consumers with tax resolution, tax preparation, tax audit help and other tax issues.
We do recommend that you shop around and compare services and costs with other companies while performing your own due diligence, especially since people’s experiences with companies can change over time.
Free Solvable Services
The offers that you are matched up with are from companies or attorneys/law firms that we may receive compensation from. Based on our initial review of such companies or individuals, we feel comfortable introducing them to our readers. We won’t recommend something just because we’re offered payment to endorse or promote it. However, we do recommend that you shop around and compare services and costs with other companies while performing you own due diligence, especially since people’s experiences with companies can change over time.
We are not attorneys and we don’t provide legal advice. As always, we encourage you to do your homework and check out individuals and companies before you hire them. If you are already working with an attorney, we urge you to ask them your questions. After all, they will be familiar with your situation and the laws in your state.
We hope that you find Solvable helpful in your efforts to get a fresh start.
Personal Loans Advertiser Disclosure
The Personal Loan offers that appear on this site are from companies or affiliates from which solvable may receive compensation. This compensation may impact how and where products appear on this site (including for example, the order in which they appear or whether a lender is “featured” on the site). solvable does not include all Personal Loan companies or all types of offers available in the marketplace.
Personal Loan Providers determine the underwriting criteria necessary for approval. You should review each Provider’s terms and conditions to determine which loan works best for you and your own personal financial situation. All reasonable efforts are made to provide and maintain accurate information. All rates, fees, and terms are presented without guarantee and are subject to change pursuant to each Provider’s or affiliates discretion. There is never a guarantee you will be approved for credit or that upon approval you will qualify for the advertised rates, fees, or terms that were shown.
Be sure to speak with your representative about the actual term and rate you may qualify for based on your credit history and ability to repay the loan. Lenders may charge an origination fee generally around 1% of the amount sought. Be sure to ask up front about all fees, costs and terms associated with each loan product. Loan amounts of $1,000 up to $35,000 may be available through participating lenders or affiliates; however, your state, credit history, credit score, personal financial situation, and lender underwriting criteria can impact the amount, fees, terms and rates offered. In some cases, lenders may require that you have an account with them already and for a prescribed period of time in order to qualify for better rates on their personal loan products. Ask your representative for details.
Credit Card Advertiser Disclosure
The card offers that appear on this site are from companies or affiliate offers from which solvable may receive compensation. This compensation may impact how and where products appear on this site (including for example, the order in which they appear). solvable does not include all card companies or all card offers available in the marketplace.
Credit Card Providers determine the underwriting criteria necessary for approval. You should review each Provider’s terms and conditions to determine which card works for you and your personal financial situation. Information is provided by the Credit Card Providers and is not a guarantee of approval.
All credit card rates, fees, and terms are presented without guarantee and are subject to change pursuant to each Provider’s discretion. All reasonable efforts are made to provide and maintain accurate information. There is no guarantee you will be approved for credit or that upon approval you will qualify for the advertised rates, fees, or terms shown.
Any opinions, analyses, reviews or recommendations expressed in articles, marketing materials or otherwise are those of the author’s alone and/or solvable, and have not been reviewed, approved or otherwise endorsed by any Credit Card Provider.
See the online Provider’s credit card application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However all credit card information is presented without warranty. When you click on the “Apply Now” button, you can review the credit card terms and conditions on the provider’s website.
Business Loans Advertiser Disclosure
Business Loan offers that appear on this site are from companies or affiliates from which solvable may receive compensation. This compensation may impact how and where products appear on this site (including for example, the order in which they appear or whether a lender is “featured” on the site). solvable does not include all Business Loan companies or all types of offers available in the marketplace.
Business Loans are those loans that are for commercial use and any property and/or proceeds from the proposed request will be used by the requestor for commercial purpose only and not for any personal, family or household purposes.
Most of our Business Funding Partners or affiliates, do not require collateral for business loans; however, please note that it is possible to be offered another product by the lender depending on your needs and if the underwriting requirements dictate the same. Traditional bank and SBA loans generally are known for collateral requirements.
There is no one-size fits all business loan. Rather there are several types that will likely be offered and or discussed with you upon completing your request. Business Funding Partners determine the underwriting criteria necessary for approval, you should review each Partner’s terms and conditions to determine which business funding option works for your business’s financial situation. All reasonable efforts are made to provide and maintain accurate information. All rates, fees, and terms are presented without guarantee and are subject to change pursuant to each Partner’s discretion. There is never a guarantee your business will be approved for credit or that upon approval your business will qualify for the advertised rates, fees, or terms shown. Lender terms and conditions will apply and all products may not be available in all states. Ask your loan representative for details.
Student Loan Refinancing Advertiser Disclosure
Student loan offers that appear on this site are from companies or affiliates from which solvable may receive compensation. This compensation may impact how and where products appear on this site (including for example, the order in which they appear or whether a lender is “featured” on the site). solvable does not include all student loan companies or all types of offers available in the marketplace.
Pursuant to the contracts between solvable and the Partners or affiliates on its Network, solvable may also receive information from the Partner or affiliate regarding the status of your application including, but not limited to, the amount or disposition of your loan. Information specific to the Partner/affiliate’s use of your information will be found in their specific Privacy Policy.
Potential savings may vary based on the interest rates, balances and remaining repayment term of the loans you are seeking to refinance. Your overall repayment amount may be higher than the loans you are refinancing even if your monthly payments are lower. Variable rate options will fluctuate over the term of your loan with changes in the LIBOR (or other index utilized by the lender) rate, and will vary based on applicable terms and presence of a cosigner. Fixed interest rates may be based on applicable terms and presence of a co-signer. Additional terms and conditions, and rates are subject to change at any time without notice and may not be available in all states or for all types of current student loans. Such changes should only apply to applications taken after the effective date of change. Please note: Due to federal regulations, Lenders are required to provide every potential borrower with disclosure information before they apply for a private student loan. The Lender you select is required to provide you with an Application Disclosure and an Approval Disclosure within the application process before you accept the terms and conditions of your loan. solvable is not a lender or creditor, it does not offer, extend or alter credit terms. Only participating lenders can perform the full application and deliver the required disclosures, please ask your lender about rates, terms, fees, and potential discounts that may be available for each product.
Please Note:
Certain federal and private student loans may not be eligible for consolidation/refinance.
Certain consolidation/refinance plans may result in higher monthly payments or negative consequences (i.e. prepayment penalties).
Consolidation/refinance may lead to other negative results, such as loss of grace periods.
Loans in default generally cannot be consolidated until completion of a repayment trial plan so tell your lender if you are in default and determine relevant options (be wary of those asking for upfront fees as well)
Other options or programs may fit your needs (i.e. personal loan, debt consolidation and/or debt relief). Consult your financial and/or tax advisor prior to making any decisions.
Solvable is not a creditor as it does not offer, extend or alter credit; rather it is an online market lead generator that allows consumers to shop and compare rates, terms and costs associated with financial products such as mortgages, auto loans, personal loans, student loans, etc. solvable does not originate or fund any product it markets; rather it has a network of lenders or Partners/affiliates. You may choose to speak with one or more of these lenders or Partners/affiliates to determine what your actual terms and savings may be. Only a lender can provide you with a formal application for credit, your inquiry form here is merely an expression of interest and/or intent to obtain credit or assistance. You must discuss your actual credit situation and fill out the lender’s required documents prior to obtaining an extension of credit. Network lenders may not have the best or the lowest rates so you are encouraged to continue to shop and compare additional lenders, credit unions, local financial institutions, etc. to ensure you are truly getting your best deal for your situation.
You should contact your tax professional or other financial advisor to determine if you can actually realize savings by refinancing when it can extend the life of your current loan. You should ask the lender about all terms, rates, fees and costs associated with each product and if you will realize a net tangible benefit from the same. All initial estimated savings is done by trying to calculate what your rate may be; however, solvable does not have that information and cannot guarantee potential savings or that lenders will approve you for such product that would warrant those savings. Rates are not guaranteed and change daily. Lenders/Brokers/Dealers/Partners that perform the actual underwriting will have to determine if you meet their underwriting criteria which is unknown to solvable at the time of matching/offer/quote delivery. All amounts are estimates and examples only and do not represent an actual offer.
Download Now!
Congrats! You're One Step Closer To Resolving Your Tax Debt.
Recommended 
