Taxes are one of those topics people hate to talk about or even think about, especially if they end up owing money in back taxes every year. That’s why many taxpayers wait until the very last moment to prepare for tax season. It’s also why nearly 14 million Americans find themselves receiving threatening letters from the IRS and in some sort of collection proceedings.
With the new Biden administration taking office in 2021, more tax changes are almost certain. COVID relief is another factor to account for, and things are changing almost daily. So it’s never too early to start preparing for tax season.
Our firm specializes in helping people with back tax debt settle with the IRS, but often, the best tax resolution is simply doing it right ahead of time.
In order to help you minimize your tax headache, we wrote this article to help you before you find yourself in tax trouble. Here are three simple steps to start preparing now for tax season.
Note: If you already have outstanding tax debt and owe more than $10k to the IRS or state but can’t pay in full, contact our firm today. We help people find tax relief, file years of unfiled tax returns, and sometimes settle their tax debt for a fraction of what’s owed https://www.premiertaxdefense.com/contact.htm