IRS BACK TAX RELIEF SERVICES
OFFER IN COMPROMISE
If your financial situation is very poor and you feel you may never be able to pay off the taxes owed then it is a possibility you will be able to qualify for an offer in compromise in which you will be able to settle the taxes owed for less than the total amount owed. This is a difficult tax filing to obtain but it is available to those taxpayers whose situation are so bad that it would be unfair to hold them liable for the total amount they owe.
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HARDSHIP/ UNCOLLECTIBLE STATUS
There are times in which the IRS understands it would not be fair to collect the taxes owed at a certain point in time because it would create unfair financial hardship on the taxpayer. The IRS will declare taxpayers currently not collectible for a period of time until their financial situation improves enough for them to pay their taxes.
TAX PENALTY ABATEMENT
If you feel you should not be held liable for the penalties you have been charged on taxes owed or penalties for unfiled taxes, it is possible to get these penalties removed. Penalties are a mechanism the IRS uses to scare taxpayers to stay in compliance with the laws and the IRS understands that there are legitimate circumstances a taxpayer should not be held liable and they have therefore created penalty abatement.
Tax Payment Plans
There are many different payment options you can pursue if you cannot pay in full or on time. Once an agreement is setup you will be considered to be in good standing on your taxes even though they have not been paid off yet. If an agreement is not setup you will be charged additional penalties for not having some sort of agreement setup.
TAX PREPARATION AND BACK TAX RETURNS
Every year over 15 million income generating households do not file a Federal tax return. Whether you have to file depends largely on your income, your filing status and your age. We can prepare, file all back tax returns and resolve your tax debt.
Please contact us for a free consultation.