When You Hear From Tax Authorities, Don’t Panic!

What should you do when you receive a letter from the Internal Revenue Service or a state or local tax authority about a tax question or problem? Panic may be the answer that first comes to mind, but don’t do it!

The situation may not be as dire as you think, but we recommend against tackling it alone. Your first step should be to give us a call. Currently, we have 3 IRS Enrolled Agents on our team who have extensive experience in working with these agencies to understand and resolve taxpayer issues.

And the news does not have to be all bad.  Keep in mind that even if you do owe taxes or penalties, it’s often possible to work out payment plans or other solutions that make the problem more manageable.  We can also identify opportunities to lower the taxes or penalties you owe and ways to cut your tax bill in the future.

So when you’re about to hit the panic button, reach out to Bressler & Company instead.  We’re tax experts, and we’re here to help take the stress out of your tax issues!