Potential solutions to your tax difficulties

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This government has programs to allow qualified Tax Payers to negotiate their entire debt owed with the IRS. Depending on your individual circumstances - including monthly income levels and asset values, we will discuss if this program might be a viable option for your situation.  

Some solutions are just stretched out payments of your liability. We may secure a monthly payment option. This will stop any additional collection actions against you as long as payments as made as agreed. We will work hard to ensure the monthly payment is comfortable for your current situation. 

Under certain situations, the IRS can abate certain penalties for first time. In addition to their First Time Abatement program, there are also abatements for reasonable causes. The reasonable cause cases are determined on a case by case basis by the IRS. 

If your tax liability is primarily due to actions performed by your spouse you may be able to seek relief using this program. This program offers some different programs depending on if the liability created was due to an understatement or underpayment. Other considerations include if you are still married to the your spouse or not. We will review your situation to determine the best outcome on this.  

If the IRS has selected your individual or business return for audit, let us assist you. The IRS will attempt to verify the validity of your return. Ensuring your records are as organized and efficient to review will ensure a smooth audit process. Additionally, if you no longer have the documents required, some items may be disallowed causing additional taxes, penalties and interest to be added. You will need to make sure you have the right representation advocating for you throughout the audit process.

Everyday, there are more  interest and penalties being added to your balance if you have yet to file and pay your tax liability for the year.  If you don't act timely, the IRS can file your tax return for you. This is called a Substitute For Return (SFR). Once this happens, you have limited time to work with the IRS to protect your rights.