If you are behind on your taxes and feel like you will not be able to catch up, look no further than an Arizona tax relief agency for assistance. These professionals will assess your current tax situation and help you find ways to make your debt affordable. Some of these tax relief agencies also offer budgeting training, which can be very helpful. Most tax relief organizations will ask you to meet with them in your office for a free consultation or interview. During this time, they will be able to give you their professional opinion on what your options are and determine if you qualify for any of their programs.
When it comes to finding the right Arizona tax-relief agency, there are a number of factors that you should consider. First, you must ensure that the agency is a member of the IRS. The IRS does not allow any tax relief organizations to be non-members. Non-members have to pass through many strict requirements before being accepted into the organization. Non-members cannot participate in any of the IRS`s public relations programs including television commercials, radio advertising, brochures, and brochure packages. Non-members cannot publish IRS videos or brochures or distribute any of IRS materials to people who are not residents of the state.
The most popular program that an Arizona tax relief agency will offer is known as the Offer In Compromise (OIC). OIC was designed to provide tax-debt relief for a taxpayer who can not afford to pay all of their back taxes. OIC will allow a taxpayer to pay back a small portion of their back taxes by taking out a loan against their future income. By taking out an OIC, a taxpayer can save hundreds of dollars in interest and other fees that will be added to their tax bills.