If you engage our services we can get to work immediately on solving your tax problems. Our practice is ready to assist you with the following tax issues:
Stop Liens, Levies, & Seizures: We can protect your assets and earnings from the IRS. If you are delinquent in your payments owed to the IRS, the US Treasury has the right to place a legal claim on your bank accounts and other property. We can help you to resolve this problem and keep your assets and your income.
Make an Offer in Compromise: If you owe the IRS an amount that is beyond your ability to pay, we can prepare an Offer in Compromise which could reduce your current tax debt to a fraction of what you owe. The amount of your offer is based on what you can afford to pay, not the amount you owe, thus making the Offer in Compromise a powerful tool to resolve your tax debt. Once your offer is accepted and payment is made, all your IRS debt is considered paid in full.
End Payroll Tax Problems: We help you protect your business when you have a problem with the IRS. Failure to pay payroll taxes can result in significant penalties which can pose a serious threat to the financial health of your business. Be aware, if the IRS determines your business is not able to pay, you may be held personally liable for the debt. We can help keep your business solvent, advise you on managing the liability until paid, and help avoid personal liability.
File Delinquent Tax Returns: Staying in compliance with the IRS is the first step to resolving and avoiding tax problems. We can prepare and file your delinquent returns, thus keeping you in compliance. What you may not know is that while you have not been filing your return, the IRS probably has been doing it for you AND assessing liability! The IRS uses your reported income to assess your liability without considering deductions or exemptions that you are entitled to! When we prepare your delinquent returns including the deductions and exemptions you deserve, your liability should be reduced dramatically.
Secure Audit Representation: The worst thing you can do is try to handle an audit request by yourself. The taxpayer Bill of Rights allows you to be represented by an attorney who can answer questions for you and provide documentation to the IRS. Even if you think you have done nothing wrong, hiring an attorney to represent you will most likely close your audit quickly and save you money. We are familiar with the process and can identify certain key points regarding your audit that will decipher what the IRS wants from you and lead to a timely and cost-effective resolution.
Arrange an Installment Agreement: We can help you obtain an affordable monthly installment plan and stop the IRS from garnishing your pay and seizing your assets as long as you make your payments. Often, an Installment Agreement can be made together with Penalty Abatement, thus reducing your overall liability, creating a payment plan you can afford, and stopping the IRS from taking any further collection action against you.
Abate Penalties: The penalties and interest constantly added to your tax debt by the IRS can quickly make your tax burden insurmountable. We can help you reduce or even eliminate these penalties and related interest by presenting valid reasons for your tax difficulties, therefore eliminating thousands of dollars of debt.
Gain Protection as an Innocent Spouse: In 1998 the IRS created new rules aimed at protecting innocent spouses from tax liability resulting from joint tax returns filed with a current or former spouse. If you have filed jointly with a spouse at any point in time, and are being pursued by the IRS, we can help you select the program that will work for you and provide the tax relief you deserve.
Bankruptcy Advice: You may not be aware that many of your tax debts can be discharged in bankruptcy along with your credit card and other liabilities. The timing of your bankruptcy petition, and the choice of bankruptcy plan, are essential components that will affect the dischargability of your debts. We can help you plan a bankruptcy to obtain the optimum relief.