Problems that you may have with the IRS are:
- Unfiled Tax Returns and/or Non-payment of Taxes.
- Penalties and Interest
- Tax Liens
A federal tax lien is the government’s legal claim against your property when you fail to pay a tax debt. The lien protects the government’s interest in all your property including real estate, personal property and financial assets. - Tax Levies
An IRS levy permits the legal seizure of your assets to satisfy your tax debt. It can garnish wages, take money from your bank account, seize and sell your vehicle(s), real estate and other personal property.
Options to deal with these problems are:
Installment Payments
IRS installment plans allow you to pay your outstanding taxes in equal monthly installments over an extended period of time. We can help you settle your back tax bill with a payment you can afford.
Offer In Compromise
An offer in compromise is an agreement between a taxpayer and the IRS that allows you to settle your tax debt for less than the full amount you owe.
IRS Fresh Start Program
The IRS offers solutions to your tax problems with better terms and conditions if you qualify for the IRS Fresh Start Program.
Currently Not Collectible
Having an account placed in uncollectible status allows the taxpayer to remain current in tax compliance without worrying about enforcement action and allows a taxpayer to recover from a financial setback. The IRS may designate an account as being in uncollectible status for the short or long term.
Penalty Abatements
The IRS may provide administrative relief from penalties for failing to file a tax return, pay on time, and/or to deposit taxes when due under the IRS First Time Penalty Abatement policy.
Innocent Spouse Relief
Innocent spouse relief provides you relief from additional tax you owe if your spouse or former spouse failed to report income, reported income improperly or claimed improper deductions or credits.
Payroll tax debt relief
Payroll tax relief is meant to help businesses that owe payroll taxes, or taxes that should have been withheld from employees‘ paychecks. Whether these taxes went unpaid due to an error, inability to pay because of financial troubles, or because the business closed down, you still need to pay what you owe the IRS.
