OUR TAX RESOLUTION SERVICES

You have filed your returns but didn’t have the money to pay what was owed. You may think, “Oh well—I will catch up next year.” Before you know it you find yourself several years in arrears and suddenly there is a notice from the IRS, stating that you owe three or four times the original amount.

It’s truly amazing how fast tax penalties and interest add up. Now you have a choice, you can write a big fat check and pay the full amount, including interest and penalties. Or you can just keep ignoring them while the penalties and interest keep piling up.

Luckily, we offer several options when it comes to resolving unpaid taxes. Please click the link below to get a free consultation with our tax specialist.

Federal Tax Liens can make your life miserable! When your taxes are not paid, the IRS establishes a lien against all your assets (especially real estate). This gives the IRS the legal right to collect taxes from the sale of your assets, which includes just about everything you own.

The lien can be against you, your spouse, or your company. A lien against your company would seize your accounts receivables. At this point, everything you own is just one short step away from becoming the property of the United States Government.

Liens filed against you by the IRS also appear on your credit report and often prevent you from opening a checking account or borrowing against any assets, like your home. The banks don’t want the extra work when the IRS comes in to take your money.

You received an IRS Notice of Intent to Levy 30 days ago and forgot or ignored it. Now it’s Payday. Expecting a check, you open the envelope and find that the IRS has taken most of your money. What’s left is insufficient to pay the rent, car payments, buy groceries, or pay the rest of the bills. This action will continue on every check due you, until the tax owed is paid in full.

Now you’re in big financial trouble. No matter how hard you plead with your employer they cannot give you your money. Once a wage garnishment is filed with your employer, your employer is required by the law to collect a large percentage of each of your paychecks.

We are regularly retained to negotiate the release of IRS wage garnishments by arranging a payment plan.  

As your trusted advisors, we evaluate your tax situation and guide you through any tax challenges that develop. Our goal is to minimize your tax liability so that you can keep more of your hard-earned money.

It’s also our job to stay up-to-date on current federal and state tax laws through continuing education and we use our in-depth knowledge of tax codes when we prepare your tax returns — so you don't miss out on any tax credits and deductions that you are entitled to take.

If you don’t qualify for the IRS Offer In Compromise program, a Payment Plan may be the way to resolve your problem. Setting up a payment plan with the IRS gives you a little more time to pay off your tax debts.

Unfortunately, penalties and interest will continue to be charged on your outstanding balance as you pay the debt off. You are required by law to pay the interest on your tax debt.

The good news is that there’s a chance we can get your tax penalties removed. Please click on the link at the bottom of this page to get a better understanding of how we can resolve your tax problem.

Did you know that you can obtain a copy of your IRS file? Most people would be surprised to learn how much the IRS knows about them. Obtaining a copy of your IRS file is critical in analyzing the options available to resolve your tax problems.

Requesting copies of your IRS file is best done by a professional who understands how to obtain them without raising any red flags as well as how to interpret the information in your file.

We can help you obtain a copy of your IRS file and analyze your options. Please click on the link at the bottom of this page to get a free consultation with our tax specialist.

Use Former IRS Agents and Managers who can get you back in the system worry-free.

We have over 60 years of combined IRS experience and know the protocols and the systems to make this a very simple and affordable process.

With or without records we can file unfiled, not filed, back, or late tax returns and settle your case all at the same time.

The bottom line is, we know the system. We can close your case without fear or recourse from the IRS.

Do not worry, we can get you back in the system worry free!

We know all the protocols to get you back in the system worry-free. Do not let the fear of the IRS get in your way filing back tax returns because at some point in time, IRS will be making contact with you.

IRS treats Large Dollar IRS Cases differently than other cases, let us help. Call us to get started!

• IRS treats Large Dollar Cases more aggressively than other cases;
• IRS will look at every avenue to collect the taxes in full;
• IRS will immediately make sure all returns are filed and your tax is being paid in the current year.

In working these cases, IRS will get into significantly more detail while investigating a taxpayer’s ability to pay. 

It is absolutely necessary on these cases that you have professional representation because the IRS is more aggressive in handling these particular cases. Because of the dollar amount, the agent is looking for a cover up, deceit or fraud.

By all means, be represented  by a professional tax firm for large dollar IRS cases.

How to file Innocent Spouse Tax Form

The rules are long and complicated but do not be stuck with your spouses' tax debt!

We can help fight back. Call us today at (574) 200-0008 and we can see if you qualify.

Many married taxpayers choose to file a joint tax return because of certain benefits this filing status allows.

In filing jointly, taxpayers are jointly and severally liable for the tax and any additions to tax, interest, or penalties that arise as a result of the joint return even if they later divorce.

Joint and several liability means that each taxpayer is legally responsible for the entire liability. Thus, both spouses are generally held responsible for all the tax due even if one spouse earned all the income or claimed improper deductions or credits.

FBAR Filing / FBAR Representation / FBAR Reporting / FBAR Services

We partner with Certified Public Accountants, former IRS agents, managers, and tax instructors. We can help take the worry, anxiety and stress away from anyone dealing with FBAR issues.

We can file past FBAR reports, workout tax settlements and  provide all in-house tax services regarding any of your tax or FBAR needs.

Who has to file a FBAR?

If you have a financial interest in or signature authority over a foreign financial account, including a bank account, brokerage account, mutual fund, trust, or other type of foreign financial account, the Bank Secrecy Act may require you to report the account yearly to the Internal Revenue Service by filing Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts (FBAR). 

Levies can really do a lot of damage and even ruin your life. A levy is the IRS’s way of getting your immediate attention. What they are saying is, we have tried to communicate with you but you have ignored us. Levies are used to seize your wages and whatever other assets you have. If you own it, they can take it. That includes checking accounts, autos, stocks, bonds, boats, paychecks, and even Social Security checks!

As bad as that is, a worse method is a wage levy (or garnishment). That’s when most of your pay check goes to the IRS, they don’t leave you enough to pay the bills, and most of your check goes to the IRS each and every week until the debt is paid.

If that doesn’t accomplish what they want, they’ll pull out all the stops. They’ll seize your assets, and sell them at auction. That includes everything you own; home, cars, boats, jewelry, motorcycles, insurance polices, retirement funds, anything of value.

Did you know that you can settle your debt with the IRS for less than the full amount you owe with their Offer in Compromise program? The program allows taxpayers to settle with the IRS on tax debt that has been incorrectly assessed or for liabilities they cannot afford to pay.

The IRS Code states: “We will accept an Offer in Compromise when it is unlikely that we can collect the full amount owed and the amount you offer reasonably reflects the collection potential…” (Internal Revenue Code section 7122).

Often it is possible to fully and completely eliminate the taxes you owe – including all penalties and interest – at an enormous discount. There is no preset bottom limit that the IRS will accept to settle your debt especially if your offer is done “right.”

If done correctly your debt may be settled for only 5-15% of what you presently owe. The key is to determine the least amount that the IRS will accept from you before you make the offer.

The IRS views failing to pay payroll taxes as the cardinal sin of tax delinquency because a large portion of the payroll taxes you pay is your employees’ withholdings. Not paying your company’s payroll taxes is tantamount to stealing your employees’ money in the eyes of the IRS.

As a result, penalties for failing to pay your payroll taxes and filing your payroll tax returns on time are much more severe than other types of penalties. They can drastically multiply the amount you owe in a very short time.

If you are behind on paying payroll taxes for your company, WATCH OUT!!! The IRS is extremely aggressive pursuing collection of this type of tax. They would rather seize your business assets, close you down, sell your assets at auction, and put you out of business than allow you to continue amassing additional payroll tax liabilities.

Unlike the levy, which involves intangible assets such as your bank account, a seizure is the taking of physical assets, such as your home or car. Seizures usually happen in aggravated cases when someone ignores many requests by the IRS over a long period of time to pay their outstanding taxes.

A seizure should not be taken lightly. The IRS will ultimately pursue seizure of your physical assets. Don’t think they won’t. Many a newspaper or television show has reported citizens being forced out of their homes after it was sold at an IRS auction, often for as little as half its value.

When the IRS seizes your assets they want to quickly sell them at auction. They often get less than half your assets value, so they often seize everything you own including your home, cars, boats, jewelry, motorcycles, insurance polices, and even your retirement funds.

If you’ve received an IRS seizure notice, it’s time to act now!

When It Comes to Tax and Audit Representation, We’re in Your Corner

With the IRS auditing less than one percent of tax returns in recent years, you may be thinking it can’t happen to you. But you could be wrong. 

Especially if you have a lot of business expenses, your tax return is complicated, or you’re in a higher income bracket.

The good news is that nearly 75 percent of those audits are notices or letters sent by the IRS requesting additional information or clarification. The rest are actual field audits.

While you may be tempted to respond to a letter or notice from the IRS, it’s not always a good idea even if you have a firm grasp of tax law. Because as friendly as IRS auditors might seem, they represent the IRS — not you.

Make the SMART choice.

Sure, taxpayers can and do prevail during IRS audits, but without an experienced tax professional on your side, it’s less likely that it will happen…and you just might end up owing the IRS money instead of getting a refund.

If you received a letter, notice, or tax bill from the IRS we can help. Stop the stress and resolve your IRS problem.

You will never have to speak to the IRS!  

Let Former IRS Agents, Enrolled Agents, and Tax Instructors take the worry out of this situation.

YOU MUST ACT ON A CERTIFIED LETTER OR NOTICE.

IRS Contacts Taxpayers by Letter or Notification 4 Different Ways:

• By certified mail
• By notice of federal tax levy or be filing of federal tax lien
• By regular mail
• By telephone

So What Is Your Next Step?

First of all, do not panic.

The IRS is just trying to resolve an open issue.

Most IRS letters, notices or bills come with a time frame of ten to thirty days to respond to the notification.

You should respond within the time period specified or the IRS will follow up and eventually use enforcement action. If you do not respond to the IRS’s attempts to reach you they will hit you with a Federal Tax Lien, a Wage Levy on your paycheck or a Tax Lien on your bank account.

We and our partners have many years of professional tax experience and of working directly for the Internal Revenue Service in the local, district and regional offices of the IRS. We know all the policies and procedures regarding Expatriate Tax Law and the rules and regulations that apply.

Our team partner with CPAs, Former IRS Agents and Enrolled Agents. We are one of the most trusted and experienced professional tax firms.

Expatriate Tax Provisions

The expatriation tax provisions under Internal Revenue Code (IRC) sections 877 and 877A apply to US citizens who have renounced their citizenship and long-term residents (as defined in IRC 877(e)) who have ended their US resident status for federal tax purposes. Different rules apply according to the date which you expatriates.

Abatement of Penalty – Remove Your IRS Penalties and Interest Today

Most taxpayers believe it is easy to get an abatement of IRS penalties and interest however you should be aware that it is a very lengthy process and there is no magic wand.

Reviewers at the IRS are very picky and do not easily accept the requests to abate penalties. You must meet the exacting guidelines before they will consider an abatement of penalty. You have to remember it is a lot easier for them to deny the penalty abatement than to accept it because of the hoops they must go through in the process to get your tax abated.

To get your penalty request abated requires manager signature. therefore, all abatement of penalty cases must be fully documented, well thought out and have substantial documentation to prove a reasonable  cause abatement exists.

Our former IRS agents partner were charged with the job at the IRS of the abatement of penalties and interest on taxpayers who filed for reasonable cause under the abatement of penalty guidelines.