Best Tax Relief in San Antonio, TX

Many people in San Antonio struggle to pay their taxes. According to Austin’s Center for Public Policy Priorities, many Texans have times when it’s difficult to pay off tax debts while meeting their families’ needs. There is no personal state income tax in Texas, but residents are subject to higher-than-average sales tax and the sixth-highest property tax rate in the country, which makes it challenging to pay off debt. Legitimate tax relief companies understand your situation and work to find IRS tax debt solutions for you.

If you owe back taxes and don’t know how you’re going to pay them, don’t panic. While the IRS is bound by law to strictly enforce wage garnishments, bank levies, tax liens and property seizures, a reputable tax relief company helps you navigate the confusing process of resolving tax problems. The most important thing to do is to take action now.

Tax relief companies assist by:

• Ensuring you are treated fairly
• Waiving penalties
• Arranging installment plans
• Filing late or misfiled returns
• Pursuing innocent spouse relief
• Protecting your assets
• Putting you in control of your financial future
• Preventing or removing wage garnishments, tax liens and levies

Most San Antonio tax relief companies offer a free initial consultation to explain your options. Ask if the company has licensed tax attorneys, certified public accountants or former IRS agents on staff. These tax code experts have qualifications and negotiation skills that help them work with the IRS and resolve your tax problem with a favorable outcome.

To learn more about the collection process and taxpayer rights, visit the IRS website and contact a San Antonio tax relief company for a consultation.

Common tax relief options in San Antonio include:

• Currently not collectible status: The IRS grants CNC status, also called a hardship determination, when a taxpayer’s financial situation makes it impossible for them to make monthly payments. To obtain a CNC determination, you must apply to the IRS. If granted, the IRS won’t try to collect payment from you until your account leaves CNC status.
• Offer in compromise: An OIC is a negotiated settlement between you and the IRS that lets you pay off your tax debt for less than the full amount. OICs are typically only available to either those who would experience economic hardship if they paid their back taxes. The IRS may also offer an OIC if there is legitimate doubt about whether you are liable for the owed taxes.
• Bank levy release: If you’re late on your tax payments, the IRS can take money directly from your bank or seize your property. However, you can get a bank levy or release if you can prove to the IRS it is causing you significant financial hardship.
• Wage garnishment release: The IRS issues wage garnishments to collect tax payments directly from your paycheck, commissions and Social Security income. A wage garnishment release puts a stop to these collections if they are causing you financial distress. You must provide proof of income and expenses to the IRS and establish a payment plan for your balance.
• Tax lien withdrawal: A tax lien is a claim against your property. In most cases, you have to owe the IRS tax debt of more than $10,000 for it to issue a tax lien notice. A lien impacts your ability to sell your property, use it as collateral or get access to credit. A tax lien withdrawal removes the public lien notice.