Friday, April 3, 2009

Tax Negotiator

Samuel L Jackson and Kevin Spacey both starred in the 1998 movie The Negotiator. Samuel L Jackson plays the part of a highly skilled Chicago police hostage negotiator who is framed for murder. To clear his name he takes a group of people hostage in an attempt to clear his name. With the stakes high, the drama builds to a point where Samuel L Jackson tells the hostage negotiator who is trying to negotiate with Samuel L Jackson that Kevin Spacey is the only person he will deal with. This is because Kevin Spacey himself is a world-class hostage negotiator who knows all the tricks of the trade. After lots more high drama, the problem is eventually solved and Samuel L Jackson is cleared of all wrongdoing. It is a movie well worth viewing.

With Hollywood the outcome can be whatever the film writer wants it to be, but this is not always the case in real life. The point was made and well taken in the movie that it pays big dividends to have a skilled negotiator who knows all the tricks when the stakes are high. In my roll as a tax consultant I definitely find this to be true when it comes to negotiating with the IRS. In the movie, which we all know is make believe, Samuel L Jackson was an intelligent, skilled negotiator yet he needed another negotiator to get him out of the jam he was in.

In real life when it comes to negotiating with the IRS it pays big rewards to have a skilled negotiator looking out for you if your are in a situation where the stakes are high and the wrong moves could negatively impact your life both immediately and futuristically. There are many different ways an IRS debt can be negotiated that most tax payers have no idea exists nor how to negotiate them therefore they come out on the very short end of the stick. The best wisdom in situations like these would be to consult with a true tax professional that can prevent you from suffering a greater loss by attempting to negotiate directly with the IRS.

2 comments:

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