It’s tax season. You might be feeling a little stressed. After all, you’re probably a few weeks behind on your taxes and the deadline is quickly approaching.
But don’t worry! There are many tax relief services that can help you get back on track this tax season. These services include: filing extensions, requesting a review of your return by the IRS or Tax Court, and requesting an abatement of penalties.
What Is a Tax Relief Service?
A tax relief service is a company that offers a specific type of service that helps you with your taxes. For example, a tax filing extension service is a company that will file an extension on your taxes, which gives you more time to file your taxes.
Tax refund services are another type of service offered by tax relief companies. These services will find any money owed to you from the IRS and put it in the form of a refund check. The money is usually delivered within 10 days of requesting the service.
Another popular type of tax relief services are those who help review your return from the IRS or Tax Court. These companies will review your return and see if any changes need to be made so you can avoid paying penalties for mistakes on your return. Lastly, you can also use these companies to request an abatement of penalties for when you’ve made mistakes on your taxes but want to pay less in penalties than what is required by law.
Why You Might Need a Tax Relief Service
You might need a tax relief service if you’ve missed the deadline for filing your taxes because of extenuating circumstances. If you were late on your return due to an illness, natural disaster, or another event that prevented you from filing on time, then you should talk to a tax relief service about filing an extension. You might also contact these services if you believe there are mistakes on your return that affect the accuracy of your taxes. Or, if you are worried about penalties due to missed deadlines or errors, then contact these services for help.
Filing an Extension
The first service is filing an extension. An extension will allow you to file your taxes later than usual, giving you more time to do your taxes. This is a great option if you’re not quite ready to file your taxes yet, but it’s also important to know the deadline for your taxes so that you don’t miss out on any potential deductions or credits.
One of the most common mistakes people make with their taxes is overlooking deductions and credits they might be eligible for. Many taxpayers assume they are not eligible for these tax breaks when in fact they are, and they end up spending more money on their taxes than necessary! That being said, one of the most valuable services that tax relief providers offer is reviewing your return before you submit it to the IRS. When they review your return, they will go over any deductions and credits you might be eligible for. This ensures that you won’t miss any opportunities for reducing how much money you owe the IRS this year!
Requesting a Review of Your Return
Requesting a review of your return by the IRS or Tax Court is an option if you have already filed your taxes and think there might be an error.
If you are not sure whether you owe money or not, this is a good way to find out. The IRS will review your taxes and tell you the status of the taxes owed within three weeks of submitting your request for review.
Requesting an Abatement of Penalties.
Did you know that the IRS offers an abatement of penalties if you paid taxes late because you had a good excuse? That sounds like a great way to reduce stress!
To request an abatement, fill out Form 2210. You’ll need to attach documentation that supports your request for an abatement. If you’ve requested an extension on your tax return, this form should be submitted with the extension request.
If you don’t want to complete Form 2210, you can use Form 8843 to make your request. This form is simpler to complete and less time-consuming. However, it does require more information than Form 2210.
If you don’t want any of these services, there might be something else going on in your life that is impacting your ability to file correctly and on time each year. For example, a mental health diagnosis or a disability may qualify as a “good excuse” for late filing or paying taxes. You can visit the IRS website for more information about what qualifies as a good excuse.
Don’t panic – when it comes to tax relief services from the IRS, there are plenty of options available!
