Tax Related Services –
In conjunction with our primary service offering, we handle many additional services that our clients may require. Some additional tax related services we offer include but are not limited to;
Installment Agreements effectively stop all collection action. If you cannot pay the tax in its entirety, an Installment Agreement may be your best option for stopping the IRS from levying your paycheck or bank account. If you owe more than $50,000, the IRS may require you to fill out a financial statement form. This form is complicated, encompasses all of your financial activity and assets, and will determine what your monthly payment amount will be. Contact us immediately even if you owe less than $50,000 because you may qualify for several different types of Installment Agreements.
The IRS abates penalties on a case by case basis. You will have to have a non-financial reason for the penalties though such as medical difficulties or you were out of the country and could not file your tax returns. Contact us immediately because wording on these requests could mean the difference between success and failure.
The IRS auditor does not have the final say. If you disagree with his/her findings, you can appeal the decision and go to the Appeals division. The appeals officer will hear both sides of the argument and make a decision.
If you disagree with this decision, you can go to Tax Court to resolve the problem. Oftentimes, the appeals officer will concede on some issues to keep it from going to Tax Court. Contact us immediately to help you leverage this situation to your benefit.
Offer In Compromise
Doubt as to Collectibility
If you cannot pay off the entire amount of tax that you owe within the statute of limitations, then a Doubt as to Collectibility Offer in Compromise may be your best option. Through this application process, the IRS will attempt to determine how much you can pay and will settle for that amount. This amount is on average 14 cents on the dollar. With thousands of dollars potentially on the line, contact us immediately to help with this application process.
Doubt as to Liability
If you feel that you should not owe the tax that the IRS says you due, a Doubt as to Liability Offer in Compromise may be a good option. You will have to provide documentation that shows you do not owe the tax in question. Contact us immediately as this is a very tough area to be successful in.