FREQUENTLY ASKED QUESTIONS
+ What is Tax Relief?
Falling behind on tax payments to the IRS is something that millions of Americans have dealt with at one time or another. Owing money to the IRS can be very intimidating, but don’t worry and definitely don’t lose hope – there is tax relief available. A reputable tax relief company can help you reach a tax relief agreement with the IRS. Using proven strategies, our knowledgeable experts can assist you through tax audits, help reduce your tax debt, and stop wage garnishments and bank levies from happening. In some cases, you may be able to settle tax debts for much less than was originally owed. The tax relief experts at Fox Tax Solutions are available to be your dedicated resource to save you the most money while resolving your IRS debt in the shortest amount of time possible.
+ What is IRS Offer In Compromise?
The Offer-in-Compromise can be a life-saving form of tax resolution for those who truly need it. On average people who settle their debt using an Offer-in-Compromise end up paying less than 20% of the actual amount they owed to the IRS.
Your best chance in successfully negotiating an offer in compromise, is having an experienced Tax Resolutions Advisor on your side. Fox Tax Solutions expert team of Enrolled Agents, Financial Consultants and Certified Tax Professionals are highly skilled at navigating the maze of IRS regulations, laws, protocols, negotiating settlements, and mediating on your behalf.
+ What is IRS Payment Plan?
A payment plan is an agreement with the IRS to pay the taxes you owe within an extended timeframe. The IRS allows numerous ways for arranging to pay a delinquent tax liability. At Fox Tax Solutions, our goal is to set up a payment option that works for you, pays off the tax debt in the shortest amount of time, and keep the interest accumulation to a minimum.
+ Where's My Refund?
According to the IRS, the best way for taxpayers to check the status of their refund is to use this link==> Where's My Refund? This tool gives taxpayers access to their tax return and refund status anytime. All they need is internet access and three pieces of information:
- Their Social Security number
- Their filing status
- The exact whole dollar amount of their refund
If you are due a refund, but you did not file a tax return, you must file within three years from the date the return was originally due to obtain that refund.
At Fox Tax Solutions, your tax return is always reviewed several times before filing, to ensure every deduction legally allowed is included. That way, you will receive the maximum refund.