The Internal Revenue Service is identifying nonfilers and late payers like never before thanks to technological advancements. IRS letters are being sent to millions of taxpayers and non-filers every year, and and one of the biggest mistakes taxpayers often make is to response to these notices without professional guidance. These notices are triggered by, but not limited to, the following events:
Failure to file
Failure to pay
Mismatches among 1099s, W-2s, and numbers on the returns
Reporting round numbers
Hot button areas, such as charitable contributions, hobby losses, and other sensitive areas
Mismatches among foreign disclosures and unfiled forms
Social media and other online comments
Once under the IRS radar, delinquent taxpayers are often left desperate to find help and that is where the predatory tax practices step in. Most tax settlement companies guarantee to send their experts to the IRS to negotiate on the client's behalf, where they can perhaps convince the organization to take a lot smaller amount—often pennies on the dollar. The frightened taxpayers are promised that their tax liability has suddenly been reduced by thousands of dollars or that they will not have to pay the tax through various relief programs.
While this may work for certain specific cases, the real life situations rarely go as planned. In reality, this is almost impossible to do, and the IRS hardly ever agrees to anything less than the amount of tax due, plus penalties and interests.
At RP Financial Services, we understand your burden and frustration, and we want to help you.
Roger Reed and Khanh Pham, owners of RP Financial Services, started the company in the midst of the Covid-19 pandemic with the goal to create a company that modernize the old-fashioned and time consuming tax resolution industry. After working for multiple tax companies, the pair realized that most companies often deceive clients in by over-promising and under-delivering results, thus waste their time and money and give the industry a bad reputation. Roger and Khanh wanted to change this, and they believe that the best way to do achieve their goal is to start their own practice that adhere to their core values.
RP Financial Services is committed to provide high quality financial services to everyone, and especially to those of the underrepresented communities, with pride and integrity at an affordable price.
We differentiates ourselves from our competitors because we does not lead on taxpayers by over-promising and under-delivering. Additionally, with our digitally advanced system, we provide our clients with convenience when dealing with official forms and documents to the taxing authorities. The RP Financial Services highly qualified team of tax professionals will help guide you through the process of getting on track with the taxing authorities. We will be upfront about the expectations and the anticipated outcomes of your case upfront, so you will not be deceived by false promises, or strung along in a lengthy process.
If you are having tax issues, give us a call today at: (720) 712-7724 or book a FREE 15-minute consultation using the link: https://calendly.com/rpfs/consult-with-ea
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