๐๐ฟ๐ฒ ๐๐ฅ๐ ๐ฐ๐ผ๐ป๐๐ฟ๐ถ๐ฏ๐๐๐ถ๐ผ๐ป๐ ๐ฑ๐ฒ๐ฑ๐๐ฐ๐๐ถ๐ฏ๐น๐ฒ ๐ณ๐ผ๐ฟ ๐บ๐ ๐๐ฟ๐ฎ๐ฑ๐ถ๐๐ถ๐ผ๐ป๐ฎ๐น ๐๐ฅ๐?
Potentially, yes. If your contribution is deductible, the amount you put in reduces your taxable income for the year, dollar for dollar. Whether you get that deduction depends on a few factors: โข Whether you or your spouse is covered by a workplace retirement plan โข Your MAGI โข Your filing status โข Your marginal tax bracket โข Your age
If I were able to afford this service Iโd definitely choose Tax Resolution.
The money I paid this place could have almost paid the IRS debt off.
The conversation I had with their staff was very helpful!