Contact us for a free follow-up consultation regarding tax relief. Our Tax Consultants will determine if you qualify for tax resolution of your IRS debt, as well as any state tax debt, including an Offer in Compromise.
Once you qualify for the program to resolve back taxes, we do everything we can to make the tax resolution process easy for you. Our goal is to work with you and the IRS to come up with a tax relief solution that works for you.
Please call us today at 1-860-257-8418 or toll free 888-425-8829 for a free consultation to evaluate your tax relief options and to see how we can offer IRS help including IRS Offers in Compromise.
It all starts with an initial review of your tax debt situation. We go over what you owe the IRS and the state and what your financial situation is to understand how we can help with tax relief. Our tax relief service provides taxpayers with clear and concise information about the status of their IRS account. With this service we provide a year-by-year break down detailing how much is owed for each particular tax year, verify tax filing compliance, obtain statute of limitation dates for liabilities and determine whether a tax lien has been filed. In order to do this we file a Power Of Attorney with the IRS to start the tax relief process.
The offer in compromise is a program that allows you to reach tax relief with the IRS based on how much of your tax debt you will be able to pay. This plan might require you to pay a lump sum or term payments to pay off the IRS at a reduced consolidated amount rather than the total amount of back taxes owed. The IRS looks at a taxpayer’s past, current and future financial situation when evaluating whether an Offer in Compromise should be accepted for the IRS debt. Not everyone qualifies for an Offer in Compromise as tax relief, as each person’s financial situation is different. Thus, pre-qualifying for an Offer in Compromise is an important step to take prior to attempting an Offer in Compromise with the IRS to obtain tax relief.
An Installment agreement is a regular monthly payment plan for paying off your back taxes to the IRS. A partial payment installment agreement is another relatively new debt management program, wherein you have a long-term payment plan to pay off the IRS at a consolidated amount of your IRS debt.
Currently not collectible is a program in which the IRS will not collect any form of tax debt for a year or more. In this program, the IRS does not pursue collection activity against the taxpayer for back taxes and the statute of limitations on the tax liabilities will continue to run. Unless the taxpayer’s financial situation changes, the account will remain in a Currently Not Collectible status until the tax liabilities expire.
Our IRS debt program helps stop wage garnishments due to back taxes. If the taxpayer disregards the demands for payment, the IRS will give legal notice that it will be resorting to other means to collect the back taxes. One method that the IRS uses to collect the overdue taxes is through wage garnishments of back taxes. We negotiate with the IRS to release wage garnishments for you in order to provide IRS help and tax relief
The goal of our IRS help program is to help stop any IRS levy of your assets to pay off back taxes. If you disregard the demands for back taxes payment, the IRS will give legal notice that it will resort to other means to collect the back taxes. One method that the IRS uses to collect overdue taxes is through issuing bank levies. Our tax experts work with the IRS to release the bank levies they may have put on your accounts for the back taxes.
Our tax experts can help to reduce or eliminate the penalties the IRS charges you for back taxes. This tax relief procedure will lower your IRS tax liability. In addition, we can help file back taxes and do amended income tax returns in order to correct any mistakes made with your past tax filings. This method of tax settlement is the first step in effective tax relief of back taxes.