TAX

TAX RESOLUTION SERVICES

We specialize in ethically and aggressively negotiating tax debt settlements while charging reasonable fees for our services.

Many taxpayers are not aware that tax debt relief can be obtained for federal and state taxes owed. There are a number of options we explore, depending on your individual case.

OFFERS IN COMPROMISE
Under the IRS Offer in Compromise program, it is possible to settle a tax debt for significantly less than the full balance owed; and in some cases, pennies on the dollar. In general, the settlement amount will be based on your ability to pay and it is our job to demonstrate to the IRS that the proposed settlement amount is all you can afford. You may also be able to reach a settlement by challenging the amount the IRS alleges you owe and/or claiming that payment in full will lead to a financial hardship in the future.

INSTALLMENT AGREEMENTS
There are times when you are unable to afford a lump sum settlement even if it is a small percentage of the balance owed. In these cases, it may be better to work out an installment plan to pay off your tax debt over a set number of months at a payment you can afford.

TAX LIENS RELEASED
After we negotiate an Offer in Compromise or installment agreement, we are often able secure the release of the federal tax liens that harm your credit.

UNCOLLECTIBLE STATUS
If you are experiencing a present hardship such as being unemployed or underemployed, it is possible to request that your tax debt be placed in “uncollectible status.” When the debt goes into this status, the IRS freezes all collection activity and stops all active enforcement activity, such as levies or seizures until you are able to get back on your feet financially. Uncollectible status is not always a permanent solution, but it can be extremely helpful in buying you some much-needed time to recover your finances.