Blog by BR Accounting and Tax Service

Why You Shouldn’t DIY Your Tax Resolution

  • BR Accounting And Tax Service

Categories: Bookkeeping Services , Tax Accountant , Tax Resolution

Do-it-yourself (DIY) culture is everywhere, and it’s easy to see why. With so much information at our fingertips, it can seem like anything is possible. But when it comes to tax resolution, it’s best to leave it to the professionals. While you may be tempted to handle your tax issues on your own, we at BR Accounting and Tax Service know the truth, and this is why we have written down a few reasons why DIY tax resolution is not a good idea.

Lack of knowledge and understanding of remedies

When it comes to tax resolution, there are many different remedies available, and each one requires a unique set of skills and knowledge. Unless you’re an expert in tax law, you’re likely to miss out on valuable opportunities to resolve your tax issues. Even if you have basic knowledge, you may not understand all the nuances and subtleties of the tax code, which could result in further problems down the road. For example, you could lock yourself into a course of action, fail to negotiate certain things away, and have to later challenge at an appeal hearing.

Risk of paying more tax than necessary

DIY tax resolution can be risky. You need to possess a basic understanding of the Internal Revenue Code and some rudimentary knowledge of the Internal Revenue Manual (which dictates how the IRS conducts business in regard to taxpayers) in order to do your taxes right.

It’s all too easy to make mistakes that could result in you paying more tax than you otherwise would have to. This is especially true if you’re dealing with a complicated tax issue, such as an audit or a dispute with the IRS. In these cases, it’s critical to have a professional on your side who can guide you through the process and ensure that you’re making the best decisions for your financial well-being.

Do things right - Hire a professional!

As professionals, we have the expertise and experience to help you resolve your tax issues, no matter how complex they may be. We can help you navigate the communication channels, formulate strategies to reduce and eliminate amounts owed, buy time for a resolution, and provide professional-looking documents. Our team of highly trained professionals is dedicated to helping our clients achieve the best possible outcomes, and we use the latest technology and techniques to make the process as seamless and stress-free as possible. Our charges range between $100 and $300 per hour. Sometimes it could take two hours or ten hours to resolve an issue based on the complexity.

If you are looking for a tax and accounting professional in Dumfries, VA, reach out to us at BR Accounting and Tax Service. Since its opening in 1996, the intent of the company has been to provide professional and reliable financial services to the community. We offer services such as tax planning, tax resolution - collections, business consulting, tax resolution - payroll taxes, tax resolution - non-filer, tax resolution - audit, tax preparation, information returns, payroll, basic bookkeeping, business credit establishment, remote accounting management services, remote controller services, remote CFO services, and business funding. We offer our services to clients across Dumfries, Woodbridge, Prince William County, Manassas, Fairfax County, Northern Virginia, Greater Washington, and the surrounding areas.

Get in touch with us today!

To learn more about the services we offer, please click here. To get in touch with us, please click here or give us a call at (703) 221-5545.