Enrolled Agent Helps Taxpayers Reduce, Eliminate IRS Penalties and Interest

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) November 30, 2009 -- “A relatively small and manageable tax problem can grow out-of-control in a very short period of time due to accruing interest and penalties,” explains Springer Jones, an Enrolled Agent that specializes in IRS problem resolution and whose practice includes clients across the United States.

“When I initially speak with many of my clients, they tell me that they could handle paying the original tax bill if something could be done about the penalties and interest. It’s not uncommon for the penalties and interest to equal or exceed the amount of the original tax assessed,” continues Mr. Jones.

In 1955, there were approximately 14 penalty provisions in the Internal Revenue Code, today there are more than ten times that number. According to the IRS, penalties exist to encourage voluntary compliance by supporting the standards of behavior expected by the Internal Revenue Code. For most taxpayers, voluntary compliance consists of preparing an accurate return, filing it timely, and paying any tax due. Efforts made to fulfill these obligations constitute compliant behavior. Most penalties apply when a taxpayer fails to meet any or all of these obligations.

Provisions are available for taxpayers to seek relief from penalties and interest, even eliminate them completely. Some include: reasonable cause, ordinary business care and prudence, death, serious illness or unavoidable absence, lost records or paperwork, statutory reasons, administrative reasons, financial hardship, erroneous advice, fire, casualty and natural disasters, even and IRS error among other things.

Seeking and gaining relief from IRS penalties and interest is like so many things in dealing with the IRS, you must properly navigate the IRS web of paperwork and procedures. It can be a daunting task for the average taxpayer and the discouraging nature of the process makes many quit before they even get started when they attempt to handle the matter without professional help.

Competent professional help however can be well worth the investment considering the reduction or elimination of penalties and interest compared to the fees a professional charges. Mr. Jones has been very successful in helping his clients reduce and eliminate IRS penalties and interest, he estimates more than half his clients initially hire him for penalty relief.

For more information on IRS penalties and interest, and your options for reducing them visit www.getirshelptoday.com, you can also request a free, no obligation consultation with Mr. Jones to determine if professional assistance might be helpful in your situation. “We offer reasonable fees and affordable payment plans to work within most taxpayers’ budgets,” says Mr. Jones, “I believe every taxpayer has the right to competent professional representation, and we try to make that a reality in our practice.”

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