Tax Relief Solutions We Provide
Audit Representation
An IRS audit can be a stressful and overwhelming experience for many individuals and businesses. The thought of facing the IRS alone can be daunting, especially if you are not familiar with the tax laws and regulations. Audit representation ensures that your rights are protected during an audit, that you are not paying more than you owe, and that your best interests are represented.
Appeals
There are various types and levels of appeals depending on the type of collection activity initiated against the taxpayer. A collection due process hearing is the most common and lowest level of appeal within the IRS collections division. Ultimately a taxpayer has the right to appeal tax matters to the US District Court or US Tax Court.
Installment Agreements
An installment agreement with the IRS is a form of tax debt relief that allows a qualified taxpayer to pay the full balance of their tax debt with monthly payments for up to 72 months. These agreements normally require payments to be made via ACH direct debit from your bank account or by payroll deduction.
Partial Payment Installment Agreements
A partial payment installment agreement with the IRS allows a qualified taxpayer to settle tax debt with monthly payments for up to 72 months for less than the full amount owed. These agreements normally require payments to be made via ACH direct debit from your bank account or by payroll deduction.
Currently Not Collectable
Taxpayers with outstanding tax liability that they are unable to pay may request to be placed in a "currently not collectable" status. If granted, the IRS will delay certain collection activities until the taxpayer’s financial situation and ability to make payments changes. Penalties and interest continue to accrue on unpaid tax liabilities.
Offers in Compromise
An Offer in Compromise, also referred to as the "Fresh Start Program", is a taxpayer proposal to settle tax debt for less than the full balance owed. This included taxes, penalties and interest. The IRS may accept such an offer if it can be shown that the taxpayer can never pay the debt utilizing other tax relief methods. The IRS will also consider offers in compromise if there is a reasonable doubt as the accuracy of the tax liability itself. This is one of the most requested Tax Problem Solutions, but keep in mind that not all taxpayers qualify.
Penalty Abatement
The IRS may agree to a request for penalty abatement if a taxpayer can demonstrate that extenuating circumstances caused the noncompliance which incurred the penalty. Certain penalties may also be waived for taxpayers who have a history of tax compliance.
Injured Spouse Relief
When the IRS retains a tax refund of a married couple filing a joint return for repayment of a past due obligations of only one spouse, the other spouse can apply for recovery of his/her portion of the refund under the Injured Spouse Relief provision. Examples of past due obligations include IRS and state taxes, child support, and other non-tax debt such as federal student loan defaults.
Innocent Spouse Relief
When a couple files a joint return, both spouses are equally responsible for the tax debt. However, if one spouse submitted erroneous information or improperly claimed a credit that understated tax liability without the knowledge of the other when the return was filed, the innocent spouse may be entitled to relief from liability and collection actions under the IRS Innocent Spouse Relief provision.
Separation of Liability Relief
A spouse who filed a joint return but is subsequently no longer married, is legally separated or widowed may apply to the IRS for release from liability if the tax was understated by the other spouse. The IRS separation of liability relief provision protects a spouse who was unaware at the time of filing that the other spouse filed erroneous information or improperly claimed a credit. The IRS may grant separation of liability and allocate the tax debt accordingly between the two ex-spouses.
Bankruptcy
Sometimes bankruptcy is an option when taxes and other debts become unmanageable. Not all taxes qualify for relief under bankruptcy code. When tax, penalty and interest liabilities do qualify for bankruptcy discharge, it may be a viable option for a taxpayer to consult with an attorney and consider bankruptcy protections, if they can not qualify for any other type of resolution option.
IRS Representation
Depending on the type and severity of the collection action the IRS is pursuing against you, it is wise to retain a licensed tax professional for IRS Representation. You would NEVER go into a Court of Law without an attorney representing you. And you should NEVER appear before the IRS without a licensed tax professional representing you. Our licensed and experienced tax pros are up-to-date on current tax laws and methods for legally reducing or eliminating your tax debt.
Once our firm has been retained, you WILL NOT have to talk to the IRS personnel any longer. The IRS personnel are required to work with us, your appointed representative, to resolve your tax matters. Our representatives will determine the best course of action and work directly with the IRS on your behalf at every step of the process.
The IRS Internal Revenue Code and United States income tax laws are very complicated, and the IRS is the most aggressive debt collector in the country. Unless you’re a tax professional, dealing with an IRS official one-on-one about serious tax issues such as wage garnishments, bank levies, tax liens and appeals can be overwhelming. With so much at stake when confronting your tax problems, facing the IRS alone is not advisable.
Petitioning the IRS for tax relief under any of these options requires special expertise and knowledge of the IRS collections and appeals process.
**Each tax problem solution is subject to individual qualification.
